Monday, September 25, 2017

Sky City: Even Cheaper Now

Sky City Entertainment Group Ltd [SKC.NZX] Is looking even cheaper now almost a month after my last piece.

In it I jokingly presupposed offering holders of Sky City Stock $3.50 a share. At the time shares were trading in the $3.90 - $4 range. 

As of this morn where it starting trading at $3.69.

It could indeed go down to $3.50 and indeed lower and if it does go below that magical figure I will be on the phone to my bank manager to arrange a loan - they are cheap to get especially since I've decided to play one bank against the other. (see comments section)

With a gross Div of over 6% this stock is priced to buy.

Sky City Entertainment Group @ Share Investor

Sky City Entertainment Group Ltd: The Americas Cup
Share Investor's 2016 Stock Picks
Sky City gets the 2nd deal
Sky City Expansion: Adelaide Spreads on the Riverbank
Sky City to pay for National Convention Centre
Share Investor discusses Convention Centre proposal with CEO Nigel Morrison
SKC Convention Centre power-point slide illustrations & SKC submission to Auckland City Council
Sky City Gaming: Morningstars look at Sky City's gaming
Share Investor's Total Returns: Sky City Entertainment Group Ltd
Sky City Entertainment Group Ltd: Presentation to Macquarie Group
Morningstar Revalues Sky City Entertainment Group
Guest Post - Michele Hewitson Interview: Nigel Morrison
Failed Sky City bid for Christchurch Casino good news for Shareholders
Sky City Entertainment Group Ltd: Christchurch Casino bid falls short of Investment Criteria
Sky City Entertainment Group Ltd: Never mind the width feel the volume
Sky City Annual Meeting & 2011 - 2012 Profit Forecast
Stock of the Week: Sky City Entertainment Group Ltd
Sky City set to lose National Convention Centre bid
Sky City Entertainment Group: Australian Acquisition on the Cards?
Sky City Entertainment Group Ltd: 2010 Full Year Profit Analysis
Sky City Entertainment Group 2010 Full Year Profit Preview
Chart of the Week: Sky City Entertainment Group Ltd
Share Investor discusses Convention Centre proposal with CEO Nigel Morrison
Share Investor Q & A: Sky City CEO, Nigel Morrison
Sky City Entertainment: CEO Nigel Morrison discusses 2010 HY
Sky City Convention Centre Expansion a Money Loser: Part Two
Sky City Convention Centre Expansion a Money loser

Discuss SKC @ Share Investor Forum

Share Investor 2017

Wednesday, September 20, 2017

Westpac: I'm Thinking of Returning

Related image

Rocked up to the local Westpac at Albany Mall today after clicking on the make your credit balance $2500 more - that was OK.

In the meantime saw Wilson at the bank & found out I have an interest free period left on my Visa till July next year.

When I had issues with the card in July I contacted the bank and they sorted out the problem and it seems they started the 12 months again from July. So I don't have to pay anything off (except the minimum balance.)

So at the same time I told Wilson about this I decided to open a bank account. This was the first time I have had an acc with Westpac in 30 years (apart from my Credit Card).

I want to see how they go and if they are good (I'm unhappy with ASB who I been with for more than 20 years) Im going to change some or all of my banking.

How do you folks out there deal with this "problem"?

More Banking Madness @ Shareinvestor

Tuesday, September 19, 2017

New Zealand Refining: CEO Should Walk

New Zealand Refining Ltd [NZR.NZXThe scenario set out below is bullshit.

GENERAL: NZR: Statement from the Chief Executive, Sjoerd Post

"While Refining NZ will not generally respond to media commentary, in the
current circumstances regarding issues with the Refinery to Auckland
pipeline, and recent media commentary concerning when Refining NZ first
notified those issues to the market, Refining NZ considers it appropriate to
do so. For complete clarity, there was no delay in disclosing information to
the market or to other stakeholders.

The company announced to the market as soon as it understood that the
pipeline would not be operational for more than a few days. Initially
Refining NZ thought that the leak could be fixed within 2 days by installing
a clamp on the damaged section of the pipe. If that had been the case the
issue would have been within the ambit of operational matters and of no
concern to our customers and the wider public. It only became apparent over
the weekend that the damage to the pipeline would take longer to remedy - and
accordingly we announced this to the market before it opened on Monday, 18

All going to plan, we expect to deliver jet fuel via the pipeline into Wiri
between midday Sunday and midday Tuesday. From that point Refining NZ expects
it will take another 30 hours for the jet fuel to settle, for recertification
to be obtained, and to transport to Auckland international airport".

Sjoerd Post
Chief Executive

Bullshit because once the initial thing happened last Thursday and there was a facebook post about it there was a possibility that there could be a major outage. Guess what there is a major outage. That should have been disclosed on Thurs to the market NOT yesterday before markets opened.

The ultimate person responsible for this is the Chief Ex Sjoerd Post.

He needs to walk.

The NZX also needs to come down on NZR like a tonne of bricks but it won't.

I don't know if you the reader know it but I have traded NZR quite a few times over the years. If I knew Sjoerd Post was the man he has turned out to be I wouldn't have bothered with it. I will also cease trading of this share until it can be proven to me that management know what they are doing.

Because I believe it goes deeper than the Chief Ex.

Little wonder why the share price has hardly even moved.

NZR @ Share Investor

Share Price Alert: New Zealand Refining Ltd 2
Share Price Alert: NZ Refining Ltd
Share Investor's 2011 Stock Picks 
Stock of the Week - Reprise: NZ Refining Ltd
Chart of the Week: New Zealand Refining Ltd
Stock of the Week: NZ Refining Ltd

Discuss NZR @ Share Investor Forum
Download NZR Company Reports

Share Investor 2017

Monday, September 11, 2017

Fisher & Paykel Healthcare Ltd: Where's it Been Over the Last Month & Why

Fisher & Paykel Healthcare Ltd [FPH.NZX] is taking a trajectory that is firmly north over the last week or two.

This is based on off shore buying - I only found this out on Fri 8th - this is because of significant buying based on this investor briefing.

Apparently this is solely responsible for the uplift. There is not a lot on offer, so up she goes. 

Have a look below on briefing from Yahoo daily share-trading.

The rise is actually based on increased trading, $100 plus million over the last week and counting.

So when I surmised a few posts back that it was institutional trading I was only partly right.

Because what you see is a rise in share price down to one thing.

Its US mums and dads buying the shares based on what their brokers are hearing at the investor briefings.

A knucklehead thing for investors to do but they are buying FPH shares nonetheless.

Question is when will the yanks be finished?

DateOpenHighLowClose*Adj. close**Volume
08 Sep 201712.4512.6212.4512.6112.611,739,308
07 Sep 201712.2012.5112.2012.4812.482,270,372
06 Sep 201712.0712.2412.0512.2412.241,167,208
05 Sep 201712.0812.1712.0012.1312.13778,908
04 Sep 201711.9912.0911.9512.0812.08590,056
01 Sep 201711.8012.1311.8011.9511.951,695,701
31 Aug 201711.6311.7711.5311.7711.77837,466
30 Aug 201711.4311.6511.4211.5911.59374,554
29 Aug 201711.4011.5011.3511.4611.46545,875
28 Aug 201711.5111.5111.4311.4811.48364,719
25 Aug 201711.6611.6611.5011.5511.55526,038
24 Aug 201711.6411.6911.4711.6811.68303,532
23 Aug 201711.5911.6511.5011.6511.65326,565
22 Aug 201711.5011.6311.4711.6111.61464,467
21 Aug 201711.4011.5911.4011.5811.58302,922
18 Aug 201711.4311.5011.3811.4511.45427,367
17 Aug 201711.2811.5211.2411.4711.47532,512
16 Aug 201711.2511.3611.2111.3211.32415,715
15 Aug 201711.2011.3511.2011.2811.28376,741
14 Aug 201711.0911.2311.0611.2011.20436,247
11 Aug 201711.2511.2511.1011.1011.10784,237
10 Aug 201711.3811.5511.3811.4411.44779,264
09 Aug 201711.3911.4411.3611.3911.391,016,623

Share Investor Portfolio @ 8th Sept 2017

Fisher & Paykel Healthcare @ Share Investor

Fisher & Paykel Healthcare Ltd: Where is it Going?
Fisher & Paykel Healthcare Ltd:  Should I Buy Now?
Fisher & Paykel Healthcare Ltd: The Time to Buy
Share Investor's 2012 Stock Picks
Global Market Sell-Off Stocks: Fisher & Paykel Healthcare
Resmed takes market share from Fisher & Paykel Healthcare
Resmed kicking Fisher & Paykel Heathcares butt?
Share Price Alert: Fisher & Paykel Healthcare Ltd
I'm Buying: Fisher & Paykel Healthcare Ltd
Share Investor's Total Returns: Fisher & Paykel Healthcare Ltd
Share Investor's 2011 Stock Picks
Stock of the Week: Fisher & Paykel Healthcare Ltd
Fisher & Paykel Healthcare & the US Dollar
Mondrian Investment Partners take stake in Fisher & Paykel Healthcare
Fisher & Paykel Healthcare: 2010 Full Year Profit rests on Foreign exchange movement
Long Term View: Fisher & Paykel Healthcare
Stock of the Week: Fisher & Paykel Healthcare
Analysis - Fisher & Paykel Healthcare: FY Profit to 31/03/09
Schroder Investment Management takes big Fisher & Paykel Healthcare stake
Long VS Short: Fisher & Paykel Healthcare
Big Fisher & Paykel Healthcare trades a curious tale

Why did you buy that stock? [Fisher & Paykel Healthcare]
Drinking and Trading
Share Investor's 2008 stock picks
Fisher & Paykel: A tale of two companies
FPH downgrade masks good performance

Discuss FPH @ Share Investor Forum
Download FPH Company Reports

Share Investor 2017