Lewylewylewy
09-11-2017, 04:06 PM
Hi all,
Just shooting the breeze, random chat about NZX. Thought I'd list what I think are the best growth shares at the moment (along with their problems), share my opinion of the state of play and hopefully get some good opinions and tips.
So, my favourite growth shares (no particular order):
ABA Govt Policy could help if there's some media coverage on how dental could be better. Some govt risk if labour break the country. Dental is an interesting industry in NZ, because when old dentists retire, they sell their practice which will either be bought by a large company like ABA or it's competitor, or another dentist. What's interesting is that newly qualified dentists don't have money to buy a surgery or start up on their own, so they typically work for another dentist or org like ABA... Clearly, in the future there will be no private practices in NZ. Therefore ABA are on my list. I don't know what the ride will be like, or whether there will be better rate of increase in other NZX shares, either way ABA are a good hold.
FPH Expensive. Love the overseas earnings, small company in a big space and growing.
XRO Expensive.
RBD Govt Risk (could be good or bad - either labour will break the country or poorer folk will have cause to treat themselves to an extra bucket of chicken) - Mildly expensive. I recently sold these near the recent high as I predicted they'd drop a little. I don't know where they're going to go, short term.
ATM China Risk - Expensive. God, so expensive. I missed the boat here, but they don't pay a dividend.
SUM Govt Risk - Cheap. Could drop more. I can't help feeling that labour could break things and these will drop more. If they don't, these are a bargain. I have a parcel of these, so I wouldn't be too sad if I missed the boat and they went up to 5.50. I'm trying to sell my last rental property at the moment, so I'll possibly use SUM as a property fund hedge once that sells, so I won't miss out too much - only problem is if the govt whams them, or if it turns out they're not profitable in a flat market (something my gut tells me, but I can't see how they would have a valid company if they weren't, otherwise they might as well be a property company - maybe I might split my hedge between this and VHP).
Finally, any tips for shares? I have money for 2 share parcels (or one larger one). At the moment I'm just hanging out to see what happens. Maybe I'll just try to pick the low with FPH, but I can't help feeling that if the water drops, FPH will become more fairly priced.
Just shooting the breeze, random chat about NZX. Thought I'd list what I think are the best growth shares at the moment (along with their problems), share my opinion of the state of play and hopefully get some good opinions and tips.
So, my favourite growth shares (no particular order):
ABA Govt Policy could help if there's some media coverage on how dental could be better. Some govt risk if labour break the country. Dental is an interesting industry in NZ, because when old dentists retire, they sell their practice which will either be bought by a large company like ABA or it's competitor, or another dentist. What's interesting is that newly qualified dentists don't have money to buy a surgery or start up on their own, so they typically work for another dentist or org like ABA... Clearly, in the future there will be no private practices in NZ. Therefore ABA are on my list. I don't know what the ride will be like, or whether there will be better rate of increase in other NZX shares, either way ABA are a good hold.
FPH Expensive. Love the overseas earnings, small company in a big space and growing.
XRO Expensive.
RBD Govt Risk (could be good or bad - either labour will break the country or poorer folk will have cause to treat themselves to an extra bucket of chicken) - Mildly expensive. I recently sold these near the recent high as I predicted they'd drop a little. I don't know where they're going to go, short term.
ATM China Risk - Expensive. God, so expensive. I missed the boat here, but they don't pay a dividend.
SUM Govt Risk - Cheap. Could drop more. I can't help feeling that labour could break things and these will drop more. If they don't, these are a bargain. I have a parcel of these, so I wouldn't be too sad if I missed the boat and they went up to 5.50. I'm trying to sell my last rental property at the moment, so I'll possibly use SUM as a property fund hedge once that sells, so I won't miss out too much - only problem is if the govt whams them, or if it turns out they're not profitable in a flat market (something my gut tells me, but I can't see how they would have a valid company if they weren't, otherwise they might as well be a property company - maybe I might split my hedge between this and VHP).
Finally, any tips for shares? I have money for 2 share parcels (or one larger one). At the moment I'm just hanging out to see what happens. Maybe I'll just try to pick the low with FPH, but I can't help feeling that if the water drops, FPH will become more fairly priced.