Where to invest?

[percy]

Update.
POT nice winning a big one off POA.POT now trading over $10.
FRE,bolt on aquisition a good fit.

[voltage]

percy, who would you now choose out of MFT or FRE? Trying to find an entry point for POT.
EBO seems to be in a slow decline? My highest holding is RYM

[percy]

percy, who would you now choose out of MFT or FRE? Trying to find an entry point for POT.
EBO seems to be in a slow decline? My highest holding is RYM

MFT or FRE ? Don't know.A trust I am on have held FRE since listing,while one of the beneficiaries works for MFT.The reason we have hung onto FRE and not brought MFT is because the PE is lower and the yeild is higher.Maybe FRE is less of a risk.Both are great shares.
POT.PE is getting very rich while yeild is getting worse.I brought in after a spec came right.Thought I had paid too much.With POT NZ's hub port future is good,but cannot advise on entry point. I note they dropped down to about $9.50 a short time ago and ASB had them as a sell as they valued them at $6 or $7.
EBO.Nothing going to happen until next aquisition.PE is modest,while yeild is good.Working with the govt to make health dollar go further.
Any time I have looked to sell down,they come up with a very good result.Have been an excellent company for a good number of years,and being in medical sector they should enjoy a bright future.
Your largest holding is RYM.Good on you.

[voltage]

thanks percy, you seem to have a good handle of where to invest. Dividend growth stocks are where the focus is. For diversification do you hold global stocks?

[percy]

thanks percy, you seem to have a good handle of where to invest. Dividend growth stocks are where the focus is. For diversification do you hold global stocks?

No,but I used to.Costs are very high and you had to send your share certificates to US or UK before they would sell them,then there was a long wait for the funds.One in the US I had was HEI Heico Corp,and that would be a fun one to have.The majors like Berkshire hattaway,Yum brands, Coca cola etc you will be OK with, but if your NZ broker holds for you your custodial costs will be high.
I have most of my funds in boring NZ dividend paying stocks.I decided I was not taking enough risks, so
I have approx 10 to 15% of my holdings in small Aussie spec companies.A big spread with not too much in any one company.I have mining,oil and small companies like air,cmg,cof,gxl,hit,ilf,pgc.rob,zgl,bpt. My boring NZ companies have done well tis year,but my Aussie ones have not.I am holding more cash than usual at present.

[voltage]

Interesting comments percy. You are quite right. Holding global stocks you need to have custodial to hold shares. To much risk with paper certificates. The cost is $50 per stock or .35% of total portfolio per annum and there is the tax to calculate which is complicated. There are however good dividend shares like VOD.

[percy]

You may care to look at the following.ABA,AWF,EBO,FRE,SKL,and TUA.
Two large cap are POT and RYM.
Sauce has posted some brilliant posts on RYM on Owner's earnings vs retained earnings thread. Paying modest divie but have used retained earnings to great affect.
ABA,if they can get hearing aid clinics in Asia model right, will have huge growth,as very few deaf Asians wear properly fitted hearing aids.
AWF.contract labour supplier.Easy to grow without need of a lot of capital.Have recently moved into supplying rest home staff labour.
EBO.History of very strong growth.Medical supplys.Growth will come from Aussie expansion.
FRE.Courier parcel delivery.Internet sales have to be delivered.
SKL.Specialist rubber moulding,with componant suppliers.Dairying industry supplier.
TUA.Car auctions,importers second hand cars from Japan.Have their own finnance company,so can also clip that ticket.
POT.NZ Hub port.Situated in the right place,doing the right things.Metro inland port in Auckland services tauranga by rail.

Just when I thought EBO were "drifting away" they announce a brilliant acqusition with Masterpet.This growth company will give EBO strong earnings growth outside medical area.With Masterpet being in Aussie as well as NZ it is very positive for EBO shareholders.

[karen1]

What about OIC, Opus?

[ratkin]

Interesting comments percy. You are quite right. Holding global stocks you need to have custodial to hold shares. To much risk with paper certificates. The cost is $50 per stock or .35% of total portfolio per annum and there is the tax to calculate which is complicated. There are however good dividend shares like VOD.

I find it easier just to put money into listed trusts , for example MFF in Australia , have a conservative bunch of bluechips including yum brands etc. They dont hedge their currency so the high aussie dollar has counted against them , but they a good way to have exposure to some of the worlds biggest and best without direct ownership

[janner]

Hmmm..

As some one that has very litttle trust ... Of even myself.. I agree with most of Percy's safe picks..

ABA.. Has in " IF " in it..
FRE.. Also an " IF " If the world turns to custard.. Internet sales will drop.

TUA.. New import regulations " May " slow imports .. But .. They will be dealing in a higher dollar sales bracket.
So commision will be higher..

Which leaves you in between a Rock and a Hard Place situation..

Admiral Faragut ( US NAVY ).. Damn the torpedos.. Full speed ahead..
Or.
Nike.. Just do it..

In the end it is only you that makes the move.