Who believes Darren Hughes is squeaky clean over his late night, drunken, naked tryst with a young boy? Something unlawful cannot be proven but this incident DID happen, and it is at the very least grubby and untoward of somebody who might some day be representing others as a politician.
Friday, June 10, 2011
Darren Hughes Saga: Lies and Cover-ups
Posted by Share Investor at 6:38 AM 1 comments
Labels: Darren Hughes
Thursday, June 9, 2011
Share Price Alert: Pumpkin Patch Ltd 3
Since my last Share Price Alert on Pumpkin Patch Ltd [PPL.NZX] back in March at $1.31, PPL shares have sunk another another 16c or 15% to close at a 52 week low of $1.15 yesterday.
The principle reason for this is negativity over the whole retail sector that comes off the back of a poor profit result out in March that was down 44% on last years result.
Of course the market knew of this back in January when a profit downgrade was announced to the market .
PPL shares have lost approx 46c this year so far and since an April 2010 high of $2.30 they have shed more than 55% of their value.
This presents an opportunity to buy PPL on the cheapish side.
I would be patient though, because management don't seem very clear about the future of the company (commentary in the profit release was confusing to me) and its trading proposition over the calendar year and further pressure is likely to come over the rest of 2011 as people close their wallets and head for cheaper less brand oriented fare.
This will not last however, PPL is a good brand and once the economy gets going again - whenever that is - we will see this company doing better as mums start to look for brands again.
Again, be patient and look for further weakness to buy.
Disc I own PPL shares in the Share Investor Portfolio
Hallenstein Glasson Holdings Ltd
Telecom New Zealand Ltd 4
Telecom New Zealand Ltd 3
Port of Tauranga Ltd
Freightways Ltd 3
Goodman Fielder Ltd 2
Freightways Ltd 2
Telecom New Zealand Ltd 2
Ryman Healthcare Ltd
Charlies Group Ltd
Fletcher Building Ltd 2
Contact Energy Ltd
Steel & Tube Ltd
Telecom New Zealand Ltd
New Zealand Stock Exchange Ltd
Mainfreight Ltd 2
The Warehouse Group Ltd
Pumpkin Patch Ltd 2
Hallenstein Glasson Holdings Ltd 2
Fletcher Building Ltd
Restaurant Brands Ltd
Mainfreight Ltd
Tourism Holdings
Goodman Fielder Ltd
Pumpkin Patch Ltd
Hallenstein Glasson Holdings Ltd
NZ Refining Ltd
Freightways Ltd
Xero Ltd
Pumpkin Patch @ Share Investor
Share Price Alert: Pumpkin Patch Ltd 2
Share Price Alert: Pumpkin Patch Ltd
Stock of the Week: Pumpkin Patch Ltd
VIDEO INTERVIEW: Pumpkin Patch CFO Matthew Washington
Pumpkin Patch Ltd: 2010 Full Year Profit Analysis
Pumpkin Patch Ltd move downmarket
Long Term View: Pumpkin Patch Ltd
Pumpkin Patch's North American Downsizing a Prudent move
Digging at Pumpkin's Profit
Long vs Short: Pumpkin Patch Ltd
Pumpkin Patch Buyback shows Confidence in the Future
Pumpkin Patch takes a hit
Pumpkin Patch ripe for the picking
What is Jan Cameron up to?
I'm buying
Why did you buy that Stock? [Pumpkin Patch]
Rod Duke's Pumpkin Patch gets bigger
Buyer of large piece of Pumpkin Patch a mystery
Pumpkin Patch a screaming buy
Broker downgrades of PPL lack long term vision
Pumpkin's expansion comes at a cost
Pumpkin Patch vs Burger Fuel
Pumpkin Patch profits flatten
New Zealand Retailers ring up costs not tills
Discuss PPL @ Share Investor Forum
Download PPL Company Reports
Buy Pumpkin Patch Clothing
New From Fishpond.co.nz
Allan Hubbard: Man Out of Time - By Virginia Green
c Share Investor 2011
Posted by Share Investor at 8:53 AM 2 comments
Share Price Alert: Goodman Fielder Ltd 3
Goodman Fielder Ltd [GFF.NZX]is not one of my better investments. It has returned roughly zilch in the 5 years I have held it.
Never mind, this piece isn't about my poor investment choices but about timing your purchase at the right price.
An opportunity to buy has arisen again since a profit warning in April and a prior share price alert for this stock at $1.44. The share price has retreated since then by 18c or just below 15% to close at $1.26 yesterday. This is the 52 week low. A high of 2 bucks back in November 2010 shows how much value the company has lost in just 9 months.
The share price was last at these levels back in March 2009.
Profit has been impaired by higher commodity prices and unfavourable exchange rates - a common theme for this company for the last few years - and management have seen fit to move prices for their brands higher to recover those increased costs but too late to recover for the full year outlook.
The appointment of a new CEO on June 1 with a very generous and restrictive remuneration package and a lacklustre business history hasn't helped either.
Consumer pressure on price is going to make it hard going for the company to recover these costs as long as the current recession bites and consumers are tending to settle for non brand goods instead of buying some of the pricier brands that GFF offers.
All is not lost though, these Goodman brands are some of the best in the business, are staples on the family table and will continue to be sold and increase in sales when the economy returns to some sort of "normality".
The current share price returns a gross dividend of slightly over 11%, which is clearly a very attractive income given term investment rates of less than half this.
I am picking more softness in this share though and if you have been looking to buy this stock anyway patience is going to get it into your portfolio for less than the current share price.
Share Price Alert Series
Telecom New Zealand Ltd 4
Telecom New Zealand Ltd 3
Port of Tauranga Ltd
Freightways Ltd 3
Goodman Fielder Ltd 2
Freightways Ltd 2
Telecom New Zealand Ltd 2
Ryman Healthcare Ltd
Charlies Group Ltd
Fletcher Building Ltd 2
Contact Energy Ltd
Steel & Tube Ltd
Telecom New Zealand Ltd
New Zealand Stock Exchange Ltd
Mainfreight Ltd 2
The Warehouse Group Ltd
Pumpkin Patch Ltd
Hallenstein Glasson Holdings Ltd 2
Fletcher Building Ltd
Restaurant Brands Ltd
Mainfreight Ltd
Tourism Holdings
Goodman Fielder Ltd
Pumpkin Patch Ltd
Hallenstein Glasson Holdings Ltd
NZ Refining Ltd
Freightways Ltd
Xero Ltd
Goodman Fielder @ Share Investor
Share Price Alert: Goodman Fielder Ltd 2
Share Price Alert: Goodman Fielder Ltd
Long Term View: Goodman Fielder Ltd
Goodman Fielder turning on the DRIP
Goodman Fielder to improve bottom line in 2009
Why did you buy that stock? Goodman Fielder
Goodman Fielder hit by high commodity prices
Goodman Fielder a Hedge against an economic slump
Goodman Fielder pie gets bigger
Discuss GFF @ Share Investor Forum
Download GFF company Reports
Recommended Fishpond Reading
Buy The Intelligent Investor & more @ Fishpond.co.nz
c Share Investor 2011
Posted by Share Investor at 8:41 AM 6 comments
Wednesday, June 8, 2011
Share Investor's Total Returns: Hallenstein Glasson Holdings 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 eleventh stock in this particular series is a long term star of the portfolio and one that I have held for 3 years, Hallenstein Glasson Holdings Ltd [HLG.NZX]
The current holding of 1000 was kicked off by an initial purchase in July 2008.
The stock cost a total of $2530.00. It has returned net dividends of $743.72 and total tax credits of $366.30, with $30.00 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 from dividends and tax credits over the total holding period of 3 years is $1080.32
The current capital value of the company in the Share Investor Portfolio as at 3 June 2011 is $3720. The capital gain therefore is $1160.00. This gives a total return on this share of $2240.32 when dividends and tax credits are included. This is a 89% return over 3 years or a 29.66% gain per annum.
I hold HLG therefore at a total cost of $289.68 or 28c per share.
Disc: I own HLG shares in the Share Investor Portfolio
Share Investor's Total Returns Series
Briscoe Group Ltd
Ryman Healthcare Ltd
Fisher & Paykel Healthcare Ltd
Auckland International Airport Ltd
Pumpkin Patch Ltd
Michael Hill International Ltd
Freightways Ltd
Mainfreight Ltd
Sky City Entertainment Group Ltd
The Warehouse Group Ltd
Hallenstein Glasson @ Share Investor
Share Price Alert: Hallenstein Glasson Holdings Ltd 3
Share Price Alert: Hallenstein Glasson Holdings Ltd 2
Share Price Alert: Hallenstein Glasson Holdings Ltd
Hallenstein Glassons Ltd: Should I stay or should I Go?
Mixed Retail Outlook
Long Term View: Hallenstein Glasson Holdings Ltd
The History Of: Hallenstein Glasson Holdings Ltd
Hallenstein Guidance not indicative of wider retail recovery
Stock of the Week: Hallenstein Glasson
Hallenstein Glasson Australian expansion needs expert execution
Why did you buy that stock? [Hallenstein Glasson]
Discuss HLG @ Share Investor Forum
Download HLG Company Reports
Download HLG Company History
Recommended Fishpond Reading
Buy The Intelligent Investor & more @ Fishpond.co.nz
c Share Investor 2011
Posted by Share Investor at 8:25 AM 0 comments
Labels: Hallenstein Glasson, HLG, Share Investor's Total Returns: Hallenstein Glasson Holdings Ltd