Share Investor Portfolio 2: Value @ 2 September 2011

The Share Investor 2 Portfolio is a separate portfolio apart from the original Share Investor Portfolio and contains just one share, Contact Energy Ltd [CEN.NZX]. It will only have this one share in it and has a far shorter time frame than the original long-term portfolio that I started 8 years ago.

The portfolio was started July 7 with 9000 shares purchased at $5.34 at a total cost of $48,060.00 and $144.18 in brokerage.

After the 49th day of trading the portfolio was up by $1170.00 or 2.11% on the August 26 update to be worth a total of $46890.00.

The portfolio is up 0.19% or $1078.68 since tracking began on July 7 2011.

Share Investor 2 Portfolio as at 17:30:00, Friday 02 September, 2011 (NZT)

Stock	Quantity	Cost price	Total cost	Market price	Market value	Change	%
CEN	202	$0.000	$0.00	$5.340	$1,078.68	$1,078.68
CEN	8,798	$5.340	$46,981.32	$5.340	$46,981.32	$0.00	0.00%

2.30%

	Total cost	Market value	Change
	$46,981.32	$48,060.00	$1,078.68

Share Investor Portfolio 2

Share Investor Portfolio 2: Value @ 26 August 2011
Share Investor Portfolio 2: Value @ 19 August 2011
Share Investor Portfolio 2: Value @ 12 August 2011
Share Investor Portfolio 2: Value @ 5 August 2011
Share Investor Portfolio 2: Value @ 22 July 2011
Share Investor Portfolio 2: Value @ 15 July 2011
Share Investor Portfolio 2: Value @ 14 July 2011
Share Investor Portfolio 2: Value @ 13 July 2011
Share Investor Portfolio 2: Value @ 12 July 2011
Share Investor Portfolio 2: Value @ 11 July 2011
Share Investor Portfolio 2: Value @ 8 July 2011
Share Investor Portfolio 2: Value @ 7 July 2011

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Share Investor Portfolio 2: Value @ 26 August 2011

The Share Investor 2 Portfolio is a separate portfolio apart from the original Share Investor Portfolio and contains just one share, Contact Energy Ltd [CEN.NZX]. It will only have this one share in it and has a far shorter time frame than the original long-term portfolio that I started 8 years ago.

The portfolio was started July 7 with 9000 shares purchased at $5.34 at a total cost of $48,060.00 and $144.18 in brokerage.

After the 42th day of trading the portfolio was up by $2788.68 or 5.8% on the August 19 update to be worth a total of $46890.00.

30% of the rise was due to a net dividend of $1080.00 from the CEN profit result out Monday 22 2011.

The portfolio is down 0.19% or $91.32 since tracking began on July 7 2011.

Share Investor Portfolio 2 as at 17:25:38, Friday 26 August, 2011 (NZT)

Stock	Quantity	Cost price	Total cost	Market price	Market value	Change	%
CEN	202	$0.000	$0.00	$5.210	$1,052.42	$1,052.42
CEN	8,798	$5.340	$46,981.32	$5.210	$45,837.58	$1,143.74	2.43%

0.19%

	Total cost	Market value	Change
	$46,981.32	$46,890.00	$-91.32

Share Investor Portfolio 2

Share Investor Portfolio 2: Value @ 19 August 2011
Share Investor Portfolio 2: Value @ 12 August 2011
Share Investor Portfolio 2: Value @ 5 August 2011
Share Investor Portfolio 2: Value @ 22 July 2011
Share Investor Portfolio 2: Value @ 15 July 2011
Share Investor Portfolio 2: Value @ 14 July 2011
Share Investor Portfolio 2: Value @ 13 July 2011
Share Investor Portfolio 2: Value @ 12 July 2011
Share Investor Portfolio 2: Value @ 11 July 2011
Share Investor Portfolio 2: Value @ 8 July 2011
Share Investor Portfolio 2: Value @ 7 July 2011

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Share Investor Portfolio 2: Value @ 19 August 2011

The Share Investor 2 Portfolio is a separate portfolio apart from the original Share Investor Portfolio and contains just one share, Contact Energy Ltd [CEN.NZX]. It will only have this one share in it and has a far shorter time frame than the original long-term portfolio that I started 8 years ago.

The portfolio was started July 7 with 9000 shares purchased at $5.34 at a total cost of $48,060.00 and $144.18 in brokerage.

After the 35th day of trading the portfolio was up by $630.00 or 1.31% on the August 12 update to be worth a total of $45180.00.

The portfolio is down 5.99% or $2880.00 since tracking began on July 7 2011.

Share Investor 2 Portfolio as at 17:30:00, Friday 19 August, 2011 (NZT)

Stock	Quantity	Cost price	Total cost	Market price	Market value	Change	%
CEN	9,000	$5.340	$48,060.00	$5.020	$45,180.00	$2,880.00	5.99%

5.99%

	Total cost	Market value	Change
	$48,060.00	$45,180.00	$-2,880.00

Share Investor Portfolio 2

Share Investor Portfolio 2: Value @ 12 August 2011
Share Investor Portfolio 2: Value @ 5 August 2011
Share Investor Portfolio 2: Value @ 22 July 2011
Share Investor Portfolio 2: Value @ 15 July 2011
Share Investor Portfolio 2: Value @ 14 July 2011
Share Investor Portfolio 2: Value @ 13 July 2011
Share Investor Portfolio 2: Value @ 12 July 2011
Share Investor Portfolio 2: Value @ 11 July 2011
Share Investor Portfolio 2: Value @ 8 July 2011
Share Investor Portfolio 2: Value @ 7 July 2011

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Contact Energy look set to gain customers

Contact Energy Ltd [CEN.NZX]finally looks like things are going its way. There are record cold temperatures across the nation and record power use. More retail customers of theirs will be using power and as the country's largest generator of electricity the company will be selling their product into the market to its competition at peak prices.

Add to this the little known fact to the consumer -it is bizarre that the company is not making much of a song and dance about it - that their power prices are now the second cheapest in the country after they introduced a 22% discount on August 1 for customers who pay promptly. Last month their power prices were the most expensive.

This comes after 3 years of losing customers, approx 50,000 off their peak, just last month alone they lost 8000 customers. They have been uncompetitive, given poor service and have been embroiled in public gaffs.

All this of course has had a big impact on the Contact share price (see 1 year chart below) From $5.80 in January shares have plumbed the depths well below 5 bucks over the last 2 weeks of market turmoil to finish trading yesterday at $5.02c. This is a fall of just over 15% in 2011 alone and off a 3 year high of just over 9 bucks.


1 year CEN Chart

If the marketing department get off their backsides and actually tell people they are now one of the cheapest electricity suppliers rather than one of the dearest the market will see a good spike in operational results for the month of August and CEN will do a reversal of fortune in terms of its share price.

We can expect the competition to react to Contacts discounting after the August stats come out in early September, if not sooner so the consumer could well be the winner as electricity companies fight for customer numbers and reduce their margins in the process.


Disc I own CEN shares in the Share Investor 2 Portfolio


Power Related Links

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Contact Energy @ Share Investor

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Share Investor Portfolio 2: Value @ 7 July 2011
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Follow the Monopoly Board

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c Share Investor 2011

Share Investor Portfolio 2: Value @ 12 August 2011

The Share Investor 2 Portfolio is a separate portfolio apart from the original Share Investor Portfolio and contains just one share, Contact Energy Ltd [CEN.NZX]. It will only have this one share in it and has a far shorter time frame than the original long-term portfolio that I started 8 years ago.

The portfolio was started July 7 with 9000 shares purchased at $5.34 at a total cost of $48,060.00 and $144.18 in brokerage.

After the 28st day of trading the portfolio was down by $720.00 or 1.49% on the August 5 update to be worth a total of $44,550.00.

The portfolio is down 7.30% or $2790.00 since tracking began on July 7 2011.

Share Investor 2 Portfolio as at 17:30:00, Friday 12 August, 2011 (NZT)

Stock	Quantity	Cost price	Total cost	Market price	Market value	Change	%
CEN	9,000	$5.340	$48,060.00	$4.950	$44,550.00	$3,510.00	7.30%

7.30%

	Total cost	Market value	Change
	$48,060.00	$44,550.00	$-3,510.00

Share Investor Portfolio 2

Share Investor Portfolio 2: Value @ 5 August 2011
Share Investor Portfolio 2: Value @ 22 July 2011
Share Investor Portfolio 2: Value @ 15 July 2011
Share Investor Portfolio 2: Value @ 14 July 2011
Share Investor Portfolio 2: Value @ 13 July 2011
Share Investor Portfolio 2: Value @ 12 July 2011
Share Investor Portfolio 2: Value @ 11 July 2011
Share Investor Portfolio 2: Value @ 8 July 2011
Share Investor Portfolio 2: Value @ 7 July 2011

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c Share Investor 2011

Share Investor Portfolio 2: Value @ 5 August 2011

The Share Investor 2 Portfolio is a separate portfolio apart from the original Share Investor Portfolio and contains just one share, Contact Energy Ltd [CEN.NZX]. It will only have this one share in it and has a far shorter time frame than the original long-term portfolio that I started 8 years ago.

The portfolio was started July 7 with 9000 shares purchased at $5.34 at a total cost of $48,060.00 and $144.18 in brokerage.

After the 21st day of trading the portfolio was down by $1350.00 or 2.82% on the July 29 update to be worth a total of $46,530.00.

The portfolio is down 5.81% or $2790.00 since tracking began on July 7 2011.

Share Investor Portfolio 2 as at 17:30:00, Friday 05 August, 2011 (NZT)

Stock	Quantity	Cost price	Total cost	Market price	Market value	Change	%
CEN	9,000	$5.340	$48,060.00	$5.030	$45,270.00	$2,790.00	5.81%

5.81%

	Total cost	Market value	Change
	$48,060.00	$45,270.00	$-2,790.00

Share Investor Portfolio 2

Share Investor Portfolio 2: Value @ 22 July 2011
Share Investor Portfolio 2: Value @ 15 July 2011
Share Investor Portfolio 2: Value @ 14 July 2011
Share Investor Portfolio 2: Value @ 13 July 2011
Share Investor Portfolio 2: Value @ 12 July 2011
Share Investor Portfolio 2: Value @ 11 July 2011
Share Investor Portfolio 2: Value @ 8 July 2011
Share Investor Portfolio 2: Value @ 7 July 2011

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c Share Investor 2011

Share Investor Portfolio 2: Value @ 29 July 2011

The Share Investor 2 Portfolio is a separate portfolio apart from the original Share Investor Portfolio and contains just one share, Contact Energy Ltd [CEN.NZX]. It will only have this one share in it and has a far shorter time frame than the original long-term portfolio that I started 8 years ago.

The portfolio was started July 7 with 9000 shares purchased at $5.34 at a total cost of $48,060.00 and $144.18 in brokerage.

After the 14th day of trading the portfolio was down by $1440.00 or 2.99% on the July 22 update to be worth a total of $46,530.00.

The portfolio is down 3.18% or $1530.00 since tracking began on July 7 2011.

Share Investor 2 Portfolio as at 17:30:00, Friday 29 July, 2011 (NZT)

Stock	Quantity	Cost price	Total cost	Market price	Market value	Change	%
CEN	9,000	$5.340	$48,060.00	$5.170	$46,530.00	$1,530.00	3.18%

3.18%

	Total cost	Market value	Change
	$48,060.00	$46,530.00	$-1,530.00

Share Investor Portfolio 2

Share Investor Portfolio 2: Value @ 22 July 2011
Share Investor Portfolio 2: Value @ 15 July 2011
Share Investor Portfolio 2: Value @ 14 July 2011
Share Investor Portfolio 2: Value @ 13 July 2011
Share Investor Portfolio 2: Value @ 12 July 2011
Share Investor Portfolio 2: Value @ 11 July 2011
Share Investor Portfolio 2: Value @ 8 July 2011
Share Investor Portfolio 2: Value @ 7 July 2011

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c Share Investor 2011

Share Investor Portfolio 2: Value @ 22 July 2011

The Share Investor 2 Portfolio is a separate portfolio apart from the original Share Investor Portfolio and contains just one share, Contact Energy Ltd [CEN.NZX]. It will only have this one share in it and has a far shorter time frame than the original long-term portfolio that I started 8 years ago.

The portfolio was started July 7 with 9000 shares purchased at $5.34 at a total cost of $48,060.00 and $144.18 in brokerage.

After the 14th day of trading the portfolio was down by $360.00 or 0.75% on the July 15 update to be worth a total of $48,510.00.

The portfolio is up 0.19% or $90.00 since tracking began on July 7 2011.

Share Investor Portfolio 2 as at 17:30:00, Friday 22 July, 2011 (NZT)

Stock	Quantity	Cost price	Total cost	Market price	Market value	Change	%
CEN	9,000	$5.340	$48,060.00	$5.350	$48,150.00	$90.00	0.19%

0.19%

	Total cost	Market value	Change
	$48,060.00	$48,150.00	$90.00

Share Investor Portfolio 2

Share Investor Portfolio 2: Value @ 15 July 2011
Share Investor Portfolio 2: Value @ 14 July 2011
Share Investor Portfolio 2: Value @ 13 July 2011
Share Investor Portfolio 2: Value @ 12 July 2011
Share Investor Portfolio 2: Value @ 11 July 2011
Share Investor Portfolio 2: Value @ 8 July 2011
Share Investor Portfolio 2: Value @ 7 July 2011

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c Share Investor 2011

Share Investor Portfolio 2: Value @ 15 July 2011

The Share Investor 2 Portfolio is a separate portfolio apart from the original Share Investor Portfolio and contains just one share, Contact Energy Ltd [CEN.NZX]. It will only have this one share in it and has a far shorter time frame than the original long-term portfolio that I started 8 years ago.

The portfolio was started July 7 with 9000 shares purchased at $5.34 at a total cost of $48,060.00 and $144.18 in brokerage.

After the seventh day of trading the portfolio was up by $360.00 or 0.9% on Thursday's update to be worth a total of $48,510.00.

The portfolio is up 0.94% or $450.00 since tracking began on July 7 2011.

*I will be updating this portfolio weekly from this update onwards.

Share Investor Portfolio 2 as at 17:30:00, Friday 15 July, 2011 (NZT)

Stock	Quantity	Cost price	Total cost	Market price	Market value	Change	%
CEN	9,000	$5.340	$48,060.00	$5.390	$48,510.00	$450.00	0.94%

0.94%

	Total cost	Market value	Change
	$48,060.00	$48,510.00	$450.00

Share Investor Portfolio 2

Share Investor Portfolio 2: Value @ 14 July 2011
Share Investor Portfolio 2: Value @ 13 July 2011
Share Investor Portfolio 2: Value @ 12 July 2011
Share Investor Portfolio 2: Value @ 11 July 2011
Share Investor Portfolio 2: Value @ 8 July 2011
Share Investor Portfolio 2: Value @ 7 July 2011

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c Share Investor 2011

Share Investor Portfolio 2: Value @ 14 July 2011

The Share Investor 2 Portfolio is a separate portfolio apart from the original Share Investor Portfolio and contains just one share, Contact Energy Ltd [CEN.NZX]. It will only have this one share in it and has a far shorter time frame than the original long-term portfolio that I started 8 years ago.

The portfolio was started July 7 with 9000 shares purchased at $5.34 at a total cost of $48,060.00 and $144.18 in brokerage.

After the sixth day of trading the portfolio was up by $180.00 or 0.4% on Wednesday's update to be worth a total of $48,150.00.

The portfolio is up 0.19% or $90.00 since tracking began on July 7 2011.

Share Investor 2 Portfolio as at 5:06:30, Thursday 14 July, 2011 (NZT)

Stock	Quantity	Cost price	Total cost	Market price	Market value	Change	%
CEN	9,000	$5.340	$48,150.00	$5.350	$48,060.00	$90.00	0.19%

0.19%

	Total cost	Market value	Change
	$48,060.00	$48,150.00	$90.00

Share Investor Portfolio 2

Share Investor Portfolio 2: Value @ 13 July 2011
Share Investor Portfolio 2: Value @ 12 July 2011
Share Investor Portfolio 2: Value @ 11 July 2011
Share Investor Portfolio 2: Value @ 8 July 2011
Share Investor Portfolio 2: Value @ 7 July 2011

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c Share Investor 2011

Share Investor Portfolio 2: Value @ 13 July 2011

The Share Investor 2 Portfolio is a separate portfolio apart from the original Share Investor Portfolio and contains just one share, Contact Energy Ltd [CEN.NZX]. It will only have this one share in it and has a far shorter time frame than the original long-term portfolio that I started 8 years ago.

The portfolio was started July 7 with 9000 shares purchased at $5.34 at a total cost of $48,060.00 and $144.18 in brokerage.

After the fifth day of trading the portfolio was up by $900.00 or 2% on Tuesday's update to be worth a total of $47,970.00.

The portfolio is down 0.19% since tracking began on July 7 2011.

Share Investor Portfolio 2 as at 17:30:00, Wednesday 13 July, 2011 (NZT)

Stock	Quantity	Cost price	Total cost	Market price	Market value	Change	%
CEN	9,000	$5.340	$48,060.00	$5.330	$47,970.00	$90.00	0.19%

0.19%

	Total cost	Market value	Change
	$48,060.00	$47,970.00	$-90.00

Share Investor Portfolio 2

Share Investor Portfolio 2: Value @ 12 July 2011
Share Investor Portfolio 2: Value @ 11 July 2011
Share Investor Portfolio 2: Value @ 8 July 2011
Share Investor Portfolio 2: Value @ 7 July 2011

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c Share Investor 2011