Monday, June 13, 2016

The Clintons: Mark 2

hillary bill obama cartoon

What really had me thinking lately was Monica Lewinsky's ex Billy Clinton and the fact that he may be in charge of the world's largest economy for the second time in almost 30 years should they - the Clintons - win in November - Hillary told us that in March this year;

"Democratic front-runner Hillary Clinton says her husband would be “in charge of revitalizing the economy” if she is elected president, The Hill reports.

Speaking at a campaign stop in Fort Mitchell, Kentucky, Clinton said her husband, former President Bill Clinton, “knows how to do it … especially in places like coal country and inner cities and other parts of our country that have really been left out.”


Well this brought me back to yet again, in my opinion that, Bill Clinton is the reason why we are floating around in this "financial scary no man's land" today.

I have been aware of this opinion - since around the late 1990s - since before I wrote this piece in a book review I did in 2008;
"The chapter that held the most interest for me is Chapter 27, "The Age of Innocence". In it Cashill describes the genesis of the present day financial collapse and President Bill Clinton's central hand in it - something I was already aware of and have been for years.
Clinton forced banks and then Fannie Mae and Freddie Mac to lend money to individuals (Americas race based form of lending was extended even further than it was in the 1970s) who were poor credit risks to buy houses in the 1990s and Alan Greenspan (another evil Jew?) provided the cheap interest rates through the Federal Reserve that led to the frenzy of house buying that then led to the bubble and you know the rest.

You don't read a lot about the Democrats, Bill Clinton and their historical central role in the 2008 financial collapse but Cashill gives you the facts and lets the reader join the dots".



What are the Clintons going to do this January when they take the reigns of power for the 2nd time? - I don't think Donald Trump is going to gain power, much to this author's chagrin -  I think they are going to finish what they started.

Well, put it this way continue along the same lines.

Like all socialist leaders in power, the Clintons became even richer than they were already because of the presidency and the 2nd time around they will become even richer.

They are not doing it for yours and mine good they are doing it for their own good. 

The answer to my questioning above, is a severe depression, at some stage, the likes this world has never seen before.

Think before you vote.



From Amazon

Popes and Bankers: A Cultural History of Credit and Debt,  from Aristotle to AIG

Popes and Bankers: A Cultural History of Credit and Debt, from Aristotle to AIG by Jack Cashill
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c Share Investor 2016

Sunday, May 22, 2016

2016 Portfolio Picks Update

This is for the Anons out there and the rest of you.

Kia Kaha.

It's been a messy wee year, unfortunately like 2015 going way too fast and speeding up as I get older.

But on the financial front going just about right.

By the way sold down my WHS holding by 5000 shares (for a tiny loss, yes have had them for that long and they have paid a decent div.) and bought my full complement of SKC which is 3800.

This week also sold my Summerset Holdings  shares for a tidy $750 profit or just under 8%.

In my update to anon of my Portfolio Picks for 2016 I noted the following movements in stock prices and divs paid.

Tell me what you think.


Lets see how they are going as of 20 May 2016


Sky City Entertainment SKC 11 % plus a 10.5 cent div.

Fisher & Paykel Healthcare FPH 18.5 % plus a 9c div.

Mainfreight Ltd MFT 5.3% plus a 19c div.

Auckland Airport AIA 20.5% plus a 12c div.

Ryman Healthcare RYM  24% plus a 7c div.

Contact Energy CEN 9% plus a 13c div.

Hallensteins Glassons HLG, (18%) plus a 23 and 19c div.

Ebos Group EBO 9% plus a 28c div.

Infratil Ltd IFT 8% plus a 7c div.

Trustpower Ltd TPW 5.5% plus a 27c div.



Figs are rounded to the nearest full dollar.


To tell you the truth anyone could have made money in this market. Anybody, even real live brokers!!!!


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Monday, May 9, 2016

Market Musings and Other Things




Coming mid-way through the earnings period with about 3 months till the new reporting season kicks off there are 3 stocks in the Share Investor Portfolio that are worth a perusal because reporting for them kicks off on the 20th of this month with Ryman Healthcare RYM , Mainfreight MFT on the 26 th and Fisher & Paykel FPH on the 27 th.

Ryman is looking good for a slice of the retirement sector action, they started the listed sector, it is they continue to lead with units built, and of course they are by far the largest retirement sector group in New Zealand.

They could actually pull off a coup this May announce a share split. Something they did about 10 years ago. They needn't split in my humble opinion but there you go management seem to like that sort of thing.

If they don't split now they will do so in November.

Mainfreight could well transport some of Rymans tools of the trade like timber and concrete.

It is also finished at an all-time high of $16.77 on Friday, a barometer for the economy as a whole Mainfreights share price tends to reflect what is happening in the economy right now and right now the economy is hot.

All signs are pointing to a record profit, with a spread of global investments paying off, Mainfreight is ready to expand without spending anymore but guess what they are spending more and that is again going to lead to more expansion along the way.

Fisher & Paykel is a stock now that is ranked either one or two depending on what the market is doing on a day to day basis. At present it is ranked number two with Fletcher Building number one. This will of course all change over the next couple of years as the price of Fisher outpaces Fletchers with Fisher about $1.80 in 2012 and Fletcher's around $5.50 vs today's price of around $8.40 from memory.

Fishers is headed to a record profit this May and its share price will doubtless head up past the $10 mark and above and one wonders why the hell nobody has yet held out $ US10 billion or so to take this company within their fold.

Good.

These little 3 shares in my portfolio are among the best performing of the 9 that make up the Share Investor Portfolio.

I cant wait until the 20th.


P.S. Anyone who wants to train for the Auckland Marathon this October can! Train with me. If       you are interested and hopefully live in the Albany Auckland area. Give me a buzz @ shareinvestornz@gmail.com         



Links to Extra Reading on RYM, MFT, FPH



Think Bigger: How to Raise Your Expectations and Achieve EverythingThink Bigger: How to Raise Your Expectations and Achieve Everything by Michael Hill 




c Share Investor 2016

Sunday, April 17, 2016

Was Nigel Morrison Pushed?
















Some more rumour and speculation.

But isn't there just an ounce of rumour and speculation to everything?

Last weeks news that Sky City CEO Nigel Morrison will step down at the end of this month has me wondering a number of things.

Morrison didn't get to his stated aim of $10 per share by the time he leaves.

No doubt about it Nigel has been good for Sky City.

He has been handsomely - and justly in my opinion - rewarded with salaries and incentives circa $22,000,000,00 in his time at the helm.

Yet I think - and this is where i'm speculating - when he made it clear that he was thinking of leaving about 6 months ago he actually was beginning the process of bargaining until maybe 2020-21 where he could actually see the fruits of his labour pay off.

What I cant make out though is why he wasn't given a better offer that allowed him to stay.

What is fact is that Chris Moller in 2008 who came in as chairman, was a supporter of Morrison but not all of the companies directors and heads of depts were backers of this man getting a raise.

In fact it was talked about, in private around 6 months ago just about how much Mr Morrison was worth.

Just what has been divulged to Share Investor is that negotiations HAD BEGUN but what wasn't clear was just who put the kybosh on it.

I suppose it just goes to show there is jealousy even at the top. This fellow does well grows the company to the verge of a massive change yet is dumped.

Perhaps he was better to get out in the end.

Hope is replacement lives up to him.




    Sky City Entertainment Group @ Share Investor


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