Monday, May 23, 2011

Allan Hubbard Saga: Still Feral After All These Years



Allan Hubbard Saga: Does death mean the End?

Nothing much has happened in the long running and long winded Allan Hubbard Saga since the sixth Grant Thornton Report in March. Allan and his lawyers have stalled for time and got it and the serious Fraud Office has still yet to decide whether they will place fraud charges on the old bugger.

I have however received an interesting communication from Paul Carruthers, the former unofficial spokesman for the group supporting Hubbard while at the same time going to bat for those who lost money because of Allan. Not sure how he did justice to both causes considering he was acting on the behalf of both but that is just me thinking out loud again.

The communication from Mr Carruthers was blunt, threatening and to the point and while he has a penchant for doing this to people who disagree with him to the point they are now ignoring him I would just like to give him one more public appearance so those that are fooled by his mild mannered public persona are not taken in by his hollywood act.

What follows is Paul's email to me, unedited and mostly fabricated in content save that I have written about him and his group in the distant past in response to his public appearances and comments over Mr Hubbard:

fromPaul Carruthers *******@gmail.com
toshareinvestornz@gmail.com
dateWed, May 18, 2011 at 9:02 AM
subjectCease and desist - final warning.
mailed-bygmail.com
signed-bygmail.com


Darren,

You have until Sunday to remove your comments about me from your "Allan Hubbard" and "Put Allan Hubbard Away" pages, as well as every article and comment you have written which contains any reference to me from your website.

While Allan's lawyers are preparing a case against you for the two Facebook pages mentioned above, I am only interested in the comments you have made about me contained within them.

Since you started your crusade against me, I have been saving copies of everything you do, and the list of evidence my lawyer is now in possession of amounts to 157 pages of information, demonstrating clearly that you have a psychotic, unhealthy and disturbing obsession with me.

I have witness statements verifying that you have stalked me on the internet and made various efforts to breach my privacy.

I have written testimony from a computer forensics expert, linking you to Facebook profiles and emails you have sent, which amount to harassment and invasion of my privacy.

My lawyer has just received a report I commissioned last week from a court-appointed clinical psychologist, who I contracted to do an assessment of the body of evidence we have collected about you, including the references you have made to me in your articles.

The report describes you as being mentally disturbed and a potential danger to society.

I agree with it's findings wholeheartedly.

If other people are willing to put up with your abuse, that is their problem, but I will not tolerate it.

With that in mind, the following will occur if all of the information I have asked you to remove from the internet is not completely removed by the end of this week.

1: The Police Complaint against you for harassment and the corresponding restraining order my lawyer is holding on to will be hand delivered to Auckland Police on Monday 23rd May 2011, and the restraining order will be obtained from the courts by Monday lunchtime and served on you by the Police.

2: My lawyer will courier the psychologists report, along with all 157 pages of PDF evidence showing your "work", along with a corresponding letter from my lawyer, to CYF. A robust application will be made to remove your child from your custody on the basis that you are a danger to the child and a danger to society.

3: An application will be made to the courts to have you detained in a psychiatric institution under the mental health act for threatening to cut my tongue out (PDF copies will be provided).

4: An application will be made to your internet service provider to suspend your account and remove your website from the internet, due to the abuse and threats you have issued through it.

5: A press statement declaring that these steps have been taken to protect me against you will be released to the media by 5pm Monday 23rd May 2011, after steps 1 to 4 are completed. Among the recipients of the press statement will be the specific women's magazines that ran the story of your surrogacy. They will be asked to comment on your progress.

Because I am a fair and reasonable man, I am giving you the opportunity to prevent all of this by removing the abuse you have posted about me from Facebook and from your website.

If you do no comply with my request - make no mistake about it - the steps outlined above will be taken and I will pursue the matter until you are detained or at least until you are required to defend your position in court.

All of the aforementioned evidence is now in my lawyers hands, and she is awaiting my further instructions. She already has written instructions to proceed as stated above, once I give the final word on Sunday night.

You can save both of us time, money, and stress by just removing any references you have made about me from the internet Darren.

If you do not do that within the time frame I have requested, life as you know it will change forever by Monday evening next week, believe me.

You have until Sunday to decide. No need to contact me - I will be monitoring it, and I will see if you remove it or not.

If it is still there (any of it) by Sunday evening - when we finally meet it will be in a court room, for the purposes of having your child removed from you for it's protection and for the purposes of having you committed.

If you think I am joking - do nothing and learn the hard way.

Paul Carruthers.


I will leave it for readers to decide what they think but I think Paul's comments really speak for themselves, don't you?


Allan Hubbard Saga

Full SFO Statement on SCF Fraud Investigation

Hubbard Letter to Simon Power
Download Grant Thornton Report 1
Download Grant Thornton Report 2
Download Grant Thornton Report 3
Download Grant Thornton Report 4
Download Grant Thornton Report 5
Download Grant Thornton Report 6



Allan Hubbard Saga: Does death mean the End?
Allan Hubbard Saga: Hubbard to Face Fraud Charges
Allan Hubbard Saga: Sixth Grant Thornton Report
Allan Hubbard Saga: Hubbard looks set to cop a plea
Allan Hubbard Saga: Supporters Risk Legal Action
Allan Hubbard Saga: Mental Challenge
Allan Hubbard Saga: Hubbard Defiant in 2011
Book Review: Allan Hubbard: Man Out of Time, by Virginia Green
Allan Hubbard Saga: VIDEO - Hubbard Biographer Virginia Green on TVNZ's Breakfast
Book Extract - Allan Hubbard: Man Out of Time
Allan Hubbard Saga: Going Feral - Part 3, The Final Cut
Allan Hubbard Saga: Going Feral - Part 2
Allan Hubbard Saga: Paul Carruthers Goes Feral... Again
Allan Hubbard: The Biography
Allan Hubbard Saga: On Forged Signatures and Uncharitable Trusts
Allan Hubbard Saga: Evidence of Fraud now Clear
Allan Hubbard Saga: NBR VS the SFO
Allan Hubbard Saga: South Canterbury Finance to be investigated by the SFO
Allan Hubbard Saga: Third Grant Thornton Report
Allan Hubbard Saga: Will He Walk?
Allan Hubbard Saga: No Longer Bothered by Botherway
Allan Hubbard Saga: 60 Minutes Interview, Sept 23 2010
Allan Hubbard Saga: Supporters head to the exit door
Allan Hubbard Saga: Threats & the Mysterious PWC Report
Allan Hubbard Supporters: Conflict of Interest
VW Veneer reveals BMW heart
VIDEO: Jenni McManus Explains Allan Hubbard Collapse
Allan Hubbard Statement on SCF Receivership
VIDEO: Sandy Maier - full news conference on SCF Receivership
Market Alert: South Canterbury Finance to be placed in Receivership
Allan Hubbard: Ignorant Supporters Blissfully Unaware
Thornton Report 2: Allan Hubbard Guilty as Charged
Allan Hubbard: Full TV3 Interview - July 16 2010
Thornton Report 1: Allan Hubbard's Aorangi Securities
Bothered by Simon Botherway





c Share Investor 2011






Share Investor's Total Returns: Pumpkin Patch Ltd

I have written about returns for stocks on a general basis in the Long Term View series of posts and the Long VS Short series but in this series, Share Investor's Total Returns, I will be giving my actual returns for stocks in the Share Investor Portfolio for as long as I have held them.

The return calculation will include dividends earned along with qualifying tax credits and of course any capital increase in the share price. It will be a total return over the length of holding of the share expressed in overall dollar figures with an individual value per share of what the stock currently is held at.

The sixth stock in this particular series is a perennial straggler in the portfolio and one that I have held for nearly 5 years, Pumpkin Patch Ltd [PPL.NZX]

The current holding of 5000 shares was kicked off by an initial purchase of 1000 in August 2006 plus another 3 purchases, the latest being June 2008.

The stock cost a total of $13220.00. It has returned net dividends of $1384.64 and total tax credits of $659.12, with $120.00 in brokerage.

I am eligible for the full tax credit so if the gross dividend (net dividend plus tax credits)is added and brokerage taken off my full return over the total holding period of 5 years is $1923.76

The current capital value of the company in the Share Investor Portfolio as at 20 May 2011 is $5950.00. The capital loss therefore is $7390.00. This gives a total return on this share of a loss of $5466.24. This is a negative 41% return over 5 years or a 8.2% loss per annum.


Disc: I own PPL shares in the Share Investor Portfolio


Share Investor's Total Returns Series

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Pumpkin Patch @ Share Investor

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Discuss PPL @ Share Investor Forum
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Buy Pumpkin Patch Clothing

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Allan Hubbard: Man Out of Time - By Virginia Green

Hubbard: A Biography of Allan Hubbard


c Share Investor 2011

Share Investor Portfolio: Value @ 20 May 2011

The Share Investor Portfolio was up in the third week of May. The portfolio was up by 0.99% or $2557.94 on the May 13 update . For the first 19 weeks of 2011 the portfolio has increased by 16.14 % or $41846.53 . This weeks rise was due, primarily, to a 3c rise in SKC, a 6c gain in FRE and a 4c gain in MFT. There were small rises in a few stocks and a larger number of smaller falls across the board.

$70.00 in dividends from KIP & $190.00 from RYM were included.

There was also $88.43 added from interest earned on dividend pool money.

The total of unspent dividends and interest in the bank as at 22 May from the 2010 - 2011 earnings years is $24482.95* at close of reporting season for 2010 and near the end of the 2011 1st half reporting year. There are also approx $50000.00 in tax credits earned from the portfolio since it began in late 2002.

The Share Investor Portfolio has increased in value by 20.93% or $55603.78 since I began tracking it for this blog on October 11 2010.


Share Investor Portfolio as at 17:30:00, Friday 20 May, 2011 (NZT)

Stock
Quantity
Cost price
Total cost
Market price
Market value
Change
%
AIA

2,000 $1.700 $3,400.00 $2.315 $4,630.00 $1,230.00 36.18%
AIA

2,000 $1.510 $3,020.00 $2.315 $4,630.00 $1,610.00 53.31%
AIA

558 $0.000 $0.00 $2.315 $1,291.77 $1,291.77
AIA

754 $2.150 $1,621.10 $2.315 $1,745.51 $124.41 7.67%
ASBPB

3,109 $0.000 $0.00 $0.670 $2,083.03 $2,083.03
ASBPB

6,891 $1.000 $6,891.00 $0.670 $4,616.97 $2,274.03 33.00%
BGR

619 $0.000 $0.00 $1.510 $934.69 $934.69
BGR

2,381 $0.990 $2,357.19 $1.510 $3,595.31 $1,238.12 52.53%
FBU

284 $0.000 $0.00 $9.180 $2,607.12 $2,607.12
FBU

830 $9.750 $8,092.50 $9.180 $7,619.40 $473.10 5.85%
FPH

3,000 $2.350 $7,050.00 $3.110 $9,330.00 $2,280.00 32.34%
FPH

541 $0.000 $0.00 $3.110 $1,682.51 $1,682.51
FPH

1,459 $3.720 $5,427.48 $3.110 $4,537.49 $889.99 16.40%
FRE

2,054 $0.000 $0.00 $3.520 $7,230.08 $7,230.08
FRE

6,577 $3.630 $23,874.51 $3.520 $23,151.04 $723.47 3.03%
GFF

586 $0.000 $0.00 $1.400 $820.40 $820.40
GFF

1,414 $2.330 $3,294.62 $1.400 $1,979.60 $1,315.02 39.91%
HLG

299 $0.000 $0.00 $4.170 $1,246.83 $1,246.83
HLG

701 $2.530 $1,773.53 $4.170 $2,923.17 $1,149.64 64.82%
KIP

763 $1.480 $1,129.24 $1.045 $797.34 $331.91 29.39%
KIP

237 $0.000 $0.00 $1.045 $247.67 $247.67
MFT

1,000 $7.960 $7,960.00 $9.490 $9,490.00 $1,530.00 19.22%
MFT

1,838 $8.000 $14,704.00 $9.490 $17,442.62 $2,738.62 18.63%
MFT

657 $0.000 $0.00 $9.490 $6,234.93 $6,234.93
MFT

1,505 $4.200 $6,321.00 $9.490 $14,282.45 $7,961.45 125.95%
MHI

1,646 $0.860 $1,415.56 $0.930 $1,530.78 $115.22 8.14%
MHI

7,000 $0.630 $4,410.00 $0.930 $6,510.00 $2,100.00 47.62%
MHI

494 $1.050 $518.70 $0.930 $459.42 $59.28 11.43%
MHI

860 $0.000 $0.00 $0.930 $799.80 $799.80
PPG

31 $0.000 $0.00 $0.250 $7.75 $7.75
PPG

1,500 $0.440 $660.00 $0.250 $375.00 $285.00 43.18%
PPG

1,004 $0.800 $803.20 $0.250 $251.00 $552.20 68.75%
PPL

1,000 $3.090 $3,090.00 $1.190 $1,190.00 $1,900.00 61.49%
PPL

1,000 $2.870 $2,870.00 $1.190 $1,190.00 $1,680.00 58.54%
PPL

939 $4.200 $3,943.80 $1.190 $1,117.41 $2,826.39 71.67%
PPL

975 $0.000 $0.00 $1.190 $1,160.25 $1,160.25
PPL

1,086 $1.530 $1,661.58 $1.190 $1,292.34 $369.24 22.22%
RYM

555 $0.000 $0.00 $2.760 $1,531.80 $1,531.80
RYM

4,445 $1.970 $8,756.65 $2.760 $12,268.20 $3,511.55 40.10%
SKC

5,750 $7.430 $42,722.50 $3.740 $21,505.00 $21,217.50 49.66%
SKC

1,000 $7.600 $7,600.00 $3.740 $3,740.00 $3,860.00 50.79%
SKC

2,750 $7.700 $21,175.00 $3.740 $10,285.00 $10,890.00 51.43%
SKC

1,431 $8.750 $12,521.25 $3.740 $5,351.94 $7,169.31 57.26%
SKC

272 $4.720 $1,283.84 $3.740 $1,017.28 $266.56 20.76%
SKC

25,712 $0.000 $0.00 $3.740 $96,162.88 $96,162.88
STU

78 $0.000 $0.00 $2.690 $209.82 $209.82
STU

303 $4.740 $1,436.22 $2.690 $815.07 $621.15 43.25%
WHS

4,500 $3.730 $16,785.00 $3.680 $16,560.00 $225.00 1.34%
WHS

6,979 $6.000 $41,874.00 $3.680 $25,682.72 $16,191.28 38.67%
WHS

15 $3.710 $55.65 $3.680 $55.20 $0.45 0.81%
WHS

3,506 $0.000 $0.00 $3.680 $12,902.08 $12,902.08

32.76%


Total cost Market value Change

$270,499.12 $359,120.66 $88,621.54

*Adjusted up because of prior error


Share Investor Portfolio @ Share Investor


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c Share Investor 2011