Tuesday, November 29, 2011

The Warehouse Group CEO Mark Powell on new turnaround strategy

In a snippet of an interview with the new The Warehouse Group Ltd [WHS.NZX] Mark Powell about the new strategy for a turnaround in the company, which is due out latter this week, I asked Mark how long he thought his new strategy would take to have positive results on the bottomline and when shareholders would see the beginning of positive results:

Share Investor - When do expect to see the first evidence that your turnaround plans are working?

Marl Powell - In each of the strategic result areas outlined above results will vary in how soon they can be expected. Some changes such as in the marketing and store execution have already shown a great deal of improvement, other changes such as category developments and store refits have longer lead times, hence my references to improvement “over the long run”. Hence, as indicated in the strategy presentations given, we expect a decline in underlying NPAT in 2012 and aim to grow NPAT over the long run after that.

So full year 2013 is when shareholders can expect to see more profit and therefore money in their pockets. This is of course excluding any macro issues hitting the fan like the economic collapse of Europe or another shake at the head of capitalism the United States.

Keep your eyes peeled on Share Investor Blog for the full Q & A exclusive to this site only.

(read Q & A with previous WHS CEO Ian Morrice here)

Disc: I own WHS shares in the Share Investor Portfolio

Share Investor Q & A Series

Auckland Airport's Simon Moutter
Warehouse Group CEO Ian Morrice
Briscoe Group CEO Rod Duke
Ryman Healthcare's CFO Gordon Macleod
Ecoya's Geoff Ross
Xero's Rod Drury
Mainfreight MD Don Braid
Burger Fuel Director Josef Roberts
Sky City CEO, Nigel Morrison
Sky City Entertainment: CEO Nigel Morrison discusses 2010 HY
Convention Centre proposal interview with Sky City CEO Nigel Morrison

Warehouse Group Ltd: 2010 Full Year Profit Analysis
Share Investor Q & A: Questions to The Warehouse' Ian Morrice
Long Term View: The Warehouse Group Ltd
Share Investor Short: Warehouse Group yield worth a look
The Warehouse Group: 2010 Interim Profit Review
The Warehouse: Big Brands, Big Opportunities
Warehouse strike opportunity to buy
Long Term Play: The Warehouse Group
Share Investor Short: Warehouse Group yield worth a second look
Woolworths supermarket consolidation an indicator of a move on the Warehouse?
Stock of the Week: The Warehouse Group
Warehouse 2009 interim profit a key economic indicator
When will The Warehouse bidders make their move?
Long vs Short: The Warehouse Group
Warehouse bidders ready to lay money down
The Warehouse set to cut lose "extra" impediment
The Warehouse sale could hinge on "Extra" decision
The case for The Warehouse without a buyer
Foodstuffs take their foot off the gas
Woolworths seek leave to appeal to Supreme Court
Warehouse appeal decision imminent
Warehouse decision a loser for all
Warehouse Court of appeal decision in Commerce Commission's favour
MARKETWATCH: The Warehouse
The Warehouse takeover saga continues
Why did you buy that stock? [The Warehouse]
History of Warehouse takeover players suggest a long winding road
Court of Appeal delays Warehouse bid
The Warehouse set for turbulent 2008
The Warehouse Court of Appeal case lay in "Extras" hands
WHS Court of Appeal case could be dismissed next week
Commerce Commission impacts on the Warehouse bottom line
The Warehouse in play
Outcomes of Commerce Commission decision
The fight for control begins soon

Discuss WHS @ Share Investor Forum - Register free
Download WHS company reports

Shop online at The Warehouse


NEW - From Fishpond.co.nz |
Think Bigger, By Michael Hill


c Share Investor 2011




Share Investor Q & A: Reader questions to Warehouse Group CEO Mark Powell (UPDATE)

The interview with Warehouse CEO Mark Powell is coming this week.

Apologies. Reader questions to Mark are now closed.

I have some questions, as I am sure The Warehouse Group Ltd [WHS.NZX] shareholders might also have, about the flagging last week by management at the 2011 full year profit result of a "turnaround strategy" for the company and its failing red sheds performance so I thought it was time for another CEO Q & A this time with new WHS CEO Mark Powell. (read Q & A with previous WHS CEO Ian Morrice here)

Lets get down to brass tacks and ask him what practically he is going to do to turn the company around. Here is your opportunity to ask him some questions about exactly what he is going to do.

To submit a question either email me here or leave your question at the bottom of this post.
Link
Disc: I own WHS shares in the Share Investor Portfolio

Share Investor Q & A Series

Auckland Airport's Simon Moutter
Warehouse Group CEO Ian Morrice
Briscoe Group CEO Rod Duke
Ryman Healthcare's CFO Gordon Macleod
Ecoya's Geoff Ross
Xero's Rod Drury
Mainfreight MD Don Braid
Burger Fuel Director Josef Roberts
Sky City CEO, Nigel Morrison
Sky City Entertainment: CEO Nigel Morrison discusses 2010 HY
Convention Centre proposal interview with Sky City CEO Nigel Morrison

Warehouse Group Ltd: 2010 Full Year Profit Analysis
Share Investor Q & A: Questions to The Warehouse' Ian Morrice
Long Term View: The Warehouse Group Ltd
Share Investor Short: Warehouse Group yield worth a look
The Warehouse Group: 2010 Interim Profit Review
The Warehouse: Big Brands, Big Opportunities
Warehouse strike opportunity to buy
Long Term Play: The Warehouse Group
Share Investor Short: Warehouse Group yield worth a second look
Woolworths supermarket consolidation an indicator of a move on the Warehouse?
Stock of the Week: The Warehouse Group
Warehouse 2009 interim profit a key economic indicator
When will The Warehouse bidders make their move?
Long vs Short: The Warehouse Group
Warehouse bidders ready to lay money down
The Warehouse set to cut lose "extra" impediment
The Warehouse sale could hinge on "Extra" decision
The case for The Warehouse without a buyer
Foodstuffs take their foot off the gas
Woolworths seek leave to appeal to Supreme Court
Warehouse appeal decision imminent
Warehouse decision a loser for all
Warehouse Court of appeal decision in Commerce Commission's favour
MARKETWATCH: The Warehouse
The Warehouse takeover saga continues
Why did you buy that stock? [The Warehouse]
History of Warehouse takeover players suggest a long winding road
Court of Appeal delays Warehouse bid
The Warehouse set for turbulent 2008
The Warehouse Court of Appeal case lay in "Extras" hands
WHS Court of Appeal case could be dismissed next week
Commerce Commission impacts on the Warehouse bottom line
The Warehouse in play
Outcomes of Commerce Commission decision
The fight for control begins soon

Discuss WHS @ Share Investor Forum - Register free
Download WHS company reports

Shop online at The Warehouse


NEW - From Fishpond.co.nz |
Think Bigger, By Michael Hill

c Share Investor 2011


Monday, November 28, 2011

Share Investor Portfolio 2: Value @ 28 November 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 140th day of trading the portfolio was down sharply for the second week in a row by $1170.00 or 2.47% on the November 18 update to be worth a total of $47,250.00.

The portfolio is up by 0.57% since tracking began on July 7 2011.

Share Investor 2 Portfolio as at 17:30:00, Monday 28 November, 2011 (NZDT)

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

202 $0.000 $0.00 $5.250 $1,060.50 $1,060.50
CEN

8,798 $5.340 $46,981.32 $5.250 $46,189.50 $791.82 1.69%

0.57%


Total cost Market value Change

$46,981.32 $47,250.00 $268.68


Share Investor Portfolio 2

Share Investor Portfolio 2: Value @ 18 November 2011
Share Investor Portfolio 2: Value @ 11 November 2011
Share Investor Portfolio 2: Value @ 4 November 2011
Share Investor Portfolio 2: Value @ 28 October 2011
Share Investor Portfolio 2: Value @ 21 October 2011
Share Investor Portfolio 2: Value @ 14 October 2011
Share Investor Portfolio 2: Value @ 7 October 2011
Share Investor Portfolio 2: Value @ 30 September 2011
Share Investor Portfolio 2: Value @ 23 September 2011
Share Investor Portfolio 2: Value @ 16 September 2011
Share Investor Portfolio 2: Value @ 9 September 2011
Share Investor Portfolio 2: Value @ 2 September 2011
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

Discuss CEN at Share Investor Forum - Register free
Download CEN Company Reports


Recommended Fishpond Reading



Buy The Intelligent Investor & more @ Fishpond.co.nz




c Share Investor 2011



Share Investor Portfolio: Value @ 28 November 2011

The Share Investor Portfolio was down over the last week. In the final week of November the portfolio was down considerably, by 4.12% or $10,889.93 on the November 18 update .

The biggest contributor to the fall was SKC with a 21c drop while every other stock fell as well.

For the first 46 weeks of 2011 the portfolio has increased by 5.01% or $11795.91.

The total of unspent dividends and interest in the bank as at 26 Nov 2011 from the 2010 - 2011 earnings years is $32,398.33 at close of reporting season for 2010 and near the end of the 2011 2nd half reporting year. There are also approx $60000.00 in tax credits earned from the portfolio since it began in late 2002.

The Share Investor Portfolio has increased in value by 10.57% or $27934.37 since I began tracking it for this blog on October 11 2010

Track the Share Investor Portfolio 2.


Share Investor Portfolio as at 17:30:00, Monday 28 November, 2011 (NZDT)

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

2,000 $1.700 $3,400.00 $2.305 $4,610.00 $1,210.00 35.59%
AIA

2,000 $1.510 $3,020.00 $2.305 $4,610.00 $1,590.00 52.65%
AIA

674 $0.000 $0.00 $2.305 $1,553.57 $1,553.57
AIA

638 $2.150 $1,371.70 $2.305 $1,470.59 $98.89 7.21%
ASBPB

3,177 $0.000 $0.00 $0.650 $2,065.05 $2,065.05
ASBPB

6,823 $1.000 $6,823.00 $0.650 $4,434.95 $2,388.05 35.00%
BGR

725 $0.000 $0.00 $1.360 $986.00 $986.00
BGR

2,275 $0.990 $2,252.25 $1.360 $3,094.00 $841.75 37.37%
FBU

303 $0.000 $0.00 $5.870 $1,778.61 $1,778.61
FBU

811 $9.750 $7,907.25 $5.870 $4,760.57 $3,146.68 39.79%
FPH

3,000 $2.350 $7,050.00 $2.370 $7,110.00 $60.00 0.85%
FPH

707 $0.000 $0.00 $2.370 $1,675.59 $1,675.59
FPH

1,293 $3.720 $4,809.96 $2.370 $3,064.41 $1,745.55 36.29%
FRE

6,405 $3.630 $23,250.15 $3.310 $21,200.55 $2,049.60 8.82%
FRE

2,226 $0.000 $0.00 $3.310 $7,368.06 $7,368.06
GFF

607 $0.000 $0.00 $0.630 $382.41 $382.41
GFF

1,393 $2.330 $3,245.69 $0.630 $877.59 $2,368.10 72.96%
HLG

366 $0.000 $0.00 $3.750 $1,372.50 $1,372.50
HLG

634 $2.530 $1,604.02 $3.750 $2,377.50 $773.48 48.22%
KIP

740 $1.480 $1,095.20 $1.060 $784.40 $310.80 28.38%
KIP

214 $0.000 $0.00 $1.060 $226.84 $226.84
MFT

1,000 $7.960 $7,960.00 $10.300 $10,300.00 $2,340.00 29.40%
MFT

1,838 $8.000 $14,704.00 $10.300 $18,931.40 $4,227.40 28.75%
MFT

929 $0.000 $0.00 $10.300 $9,568.70 $9,568.70
MFT

1,233 $4.200 $5,178.60 $10.300 $12,699.90 $7,521.30 145.24%
MHI

1,646 $0.860 $1,415.56 $0.890 $1,464.94 $49.38 3.49%
MHI

7,000 $0.630 $4,410.00 $0.890 $6,230.00 $1,820.00 41.27%
MHI

209 $1.050 $219.45 $0.890 $186.01 $33.44 15.24%
MHI

1,145 $0.000 $0.00 $0.890 $1,019.05 $1,019.05
PPG

1,004 $0.800 $803.20 $0.230 $230.92 $572.28 71.25%
PPG

1,443 $0.440 $634.92 $0.230 $331.89 $303.03 47.73%
PPG

88 $0.000 $0.00 $0.230 $20.24 $20.24
PPL

1,000 $3.090 $3,090.00 $0.640 $640.00 $2,450.00 79.29%
PPL

1,000 $2.870 $2,870.00 $0.640 $640.00 $2,230.00 77.70%
PPL

939 $4.200 $3,943.80 $0.640 $600.96 $3,342.84 84.76%
PPL

975 $0.000 $0.00 $0.640 $624.00 $624.00
PPL

1,086 $1.530 $1,661.58 $0.640 $695.04 $966.54 58.17%
RYM

653 $0.000 $0.00 $2.580 $1,684.74 $1,684.74
RYM

4,347 $1.970 $8,563.59 $2.580 $11,215.26 $2,651.67 30.96%
SKC

5,750 $7.430 $42,722.50 $3.260 $18,745.00 $23,977.50 56.12%
SKC

2,750 $7.700 $21,175.00 $3.260 $8,965.00 $12,210.00 57.66%
SKC

1,431 $8.750 $12,521.25 $3.260 $4,665.06 $7,856.19 62.74%
SKC

781 $7.600 $5,935.60 $3.260 $2,546.06 $3,389.54 57.11%
SKC

26,203 $0.000 $0.00 $3.260 $85,421.78 $85,421.78
STU

99 $0.000 $0.00 $2.050 $202.95 $202.95
STU

301 $4.740 $1,426.74 $2.050 $617.05 $809.69 56.75%
WHS

6,979 $6.000 $41,874.00 $3.170 $22,123.43 $19,750.57 47.17%
WHS

3,761 $0.000 $0.00 $3.170 $11,922.37 $11,922.37
WHS

4,260 $3.730 $15,889.80 $3.170 $13,504.20 $2,385.60 15.01%

22.36%


Total cost Market value Change

$262,828.81 $321,599.14 $58,770.33

Share Investor Portfolio @ Share Investor

Share Investor Portfolio: Value @ 18 November 2011
Share Investor Portfolio: Value @ 11 November 2011
Share Investor Portfolio: Value @ 4 November 2011
Share Investor Portfolio: Value @ 28 October 2011
Share Investor Portfolio: Value @ 21 October 2011
Share Investor Portfolio: Value @ 14 October 2011
Share Investor Portfolio: Value @ 7 October 2011
Share Investor Portfolio: Value @ 30 September 2011
Share Investor Portfolio: Value @ 23 September 2011
Share Investor Portfolio: Value @ 16 September 2011
Share Investor Portfolio: Value @ 9 September 2011
Share Investor Portfolio: Value @ 2 September 2011
Share Investor Portfolio: Value @ 26 August 2011
Share Investor Portfolio: Value @ 19 August 2011
Share Investor Portfolio: Value @ 12 August 2011
Share Investor Portfolio: Value @ 5 August 2011
Share Investor Portfolio: Value @ 29 July 2011
Share Investor Portfolio: Value @ 22 July 2011
Share Investor Portfolio: Value @ 15 July 2011
Share Investor Portfolio: Value @ 8 July 2011
Share Investor Portfolio: Value @ 1 July 2011
Share Investor Portfolio: Value @ 25 June 2011
Share Investor Portfolio: Value @ 17 June 2011
Share Investor Portfolio: Value @ 10 June 2011
Share Investor Portfolio: Value @ 3 June 2011
Share Investor Portfolio: Value @ 27 May 2011
Share Investor Portfolio: Value @ 20 May 2011
Share Investor Portfolio: Value @ 13 May 2011
Share Investor Portfolio: Value @ 6 May 2011
Share Investor Portfolio: Value @ 29 April 2011
Share Investor Portfolio: Value @ 22 April 2011
Share Investor Portfolio: Value @ 15 April 2011
Share Investor Portfolio: Value @ 8 April 2011
Share Investor Portfolio: Value @ 1 April 2011
Share Investor Portfolio: Value @ 14 March 2011
Share Investor Portfolio: Value @ 8 March 2011
Share Investor Portfolio: Value @ 28 February 2011
Share Investor Portfolio: Value @ 21 February 2011
Share Investor Portfolio: Value @ 14 February 2011
Share Investor Portfolio: Value @ 7 February 2011
Share Investor Portfolio: Value @ 31 January 2011
Share Investor Portfolio: Value @ 24 January 2011
Share Investor Portfolio: Value @ 17 January 2011
Share Investor Portfolio: Value @ 10 January 2011
Share Investor Portfolio: Value @ 3 January 2011
Share Investor Portfolio: Value @ 27 December 2010
Share Investor Portfolio: Value @ 20 December 2010
Share Investor Portfolio: Value @ 13 December 2010
Share Investor Portfolio: Value @ 6 December 2010
Share Investor Portfolio: Value @ 29 November 2010
Share Investor Portfolio: Value @ 22 November 2010
Share Investor Portfolio: Value @ 15 November 2010
Share Investor Portfolio: Value @ 8 November 2010
Share Investor Portfolio: Value @ 1 November 2010
Share Investor Portfolio: Value @ 25 October 2010
Share Investor Portfolio: Value @ 18 October 2010
Share Investor Portfolio: Value @ 11 October 2010
Share Investor Dividends


Share Investor Portfolio 2 @ Share Investor

Share Investor Portfolio 2: Value @ 28 November 2011
Share Investor Portfolio 2: Value @ 18 November 2011
Share Investor Portfolio 2: Value @ 11 November 2011
Share Investor Portfolio 2: Value @ 4 November 2011
Share Investor Portfolio 2: Value @ 28 October 2011
Share Investor Portfolio 2: Value @ 21 October 2011
Share Investor Portfolio 2: Value @ 14 October 2011
Share Investor Portfolio 2: Value @ 7 October 2011
Share Investor Portfolio 2: Value @ 30 September 2011
Share Investor Portfolio 2: Value @ 23 September 2011
Share Investor Portfolio 2: Value @ 16 September 2011
Share Investor Portfolio 2: Value @ 9 September 2011
Share Investor Portfolio 2: Value @ 2 September 2011
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 @ 29 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


Share Investor's Annual Stock Picks


Share Investor's 2011 Stock Picks: Looking Back
Share Investor's 2011 Stock Picks
Share Investor's 2010 Stock Picks
Share Investor's 2009 Stock Picks
Share Investor's 2008 Stock Picks

Brokers 2011 Stock Picks


Related Amazon Reading


The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition)
The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) by Benjamin Graham
Buy new: $14.95 / Used from: $9.73
Usually ships in 24 hours

Security Analysis: The Classic 1934 Edition
Security Analysis: The Classic 1934 Edition by GRAHAM
Buy new: $37.80 / Used from: $29.48
Usually ships in 24 hours

Buy these two Books @ Fishpond.co.nz





c Share Investor 2011