Barbecue grills may be bought in hardware stores like Ace and many more around the world. These grills are consumer items that enable you to cook different varieties of food by means of charcoal or briquettes to provide that distinct, smoky flavor which simply never fails to tempt someone into eating a great deal of food.Barbecue grills have a price. When a service or product costs money that means that there are ways for you to be able to reduce...more
Good afternoon,Yesterday we purchased shares in QBE Insurance Group for around 15% of the MDA portfolio at $20.93. QBE shares trade a narrow technical range of between $20 on the downside and $25 at the upper end. At a purchase price around $21, the stock is near the bottom of this range after once again holding $20 support. Trading on a dividend yield of 6.1% and a PE ratio of 10.5 times current year earnings, the valuation looks compelling, and...more
Good afternoon,On Wednesday we made the decision to purchase Harvey Norman (HVN) shares for 15% of the portfolio. As you know, HVN operates the Harvey Norman branded stores, and stores branded under other names such as Domayne and Norman Ross. The 264 retail complexes operate in Australia, New Zealand, Asia and Europe, however the majority are locally operated.Since the last major share price upgrade (and subsequent upgrades by a number of managed funds), HVN shares have traded in a wide range between $3.60 and around $4.50, which is a 25% overall range. At $3.60 the company is trading on a forward PE estimate of 11.5 times, and a dividend yield of over 5% fully franked. These estimates may prove to be too conservative, however, and we see the potential for an upside surprise given the strength of the economy.Once again, we made this purchase because at the purchase price HVN represents absolute value, value against its peer group and the shares are trading at the lowest end of the trading range. Secondly, it is now clear that the domestic economy is quite strong, being driven by raw material exports to China and supported by a resilient consumer market. Under these circumstances,...more
Good afternoon,Yesterday we made a purchase of Lend Lease shares for 15% of the value of the portfolio. The purchase takes our exposure in the market o 65%, with 35% remaining as cash.Lend Lease operates a property-based business, with operations that span retail, commercial and residential development, sales and investments. The company pays a...more
Good afternoon,Over the weekend the member countries of the EU and also the IMF showed the strength of their convictions and a united front saying they will do whatever it takes to stabilise the Euro zone. This show of strength occasioned us to purchase back the majority of the portfolio.The market opened just 35 points higher than Friday's close,...more
Orofino Gold Corp., ORFG.pkORFG.pk has taken a shine to Colombia .ORFG.pk has several Gold development properties in Colombia, a current hot spot of gold production in the world markets.At the ORFG.pkSenderos de Oro project, government recorded Gold production from the area has been significant with production records between 1987 to present of over 1,300,000 ounces. All production has been Artisanal (small miners) in nature and production continues to this day.With the frequent occurrence of the very high grade gold vein systems in the central area of ORFG.pks Senderos de Oro project and with several small scale grinding and amalgamation mills in-place ORFG is planning to design a central processing and recovery facility that is modular in design (each additional module added creates 10,000 ounces of annual production) and will be capable of processing enough high grade material to produce up to 120,000 ounces of gold annually while ORFG continues to explore further the Primary Porphyry Target which is the bulk minable gold/copper porphyry systems.ORFG.pk has reviewed several engineering and design firms with gold production facilities design and operational experience and is...more
Wall coat racks are objects that are fixed on walls where one can hang their coats. These are fixed for the wall tightly to guarantee that they do not detach on the wall due to the weight with the coats. The handles or hooks exactly where the coats...more
In 1978, the Fair Debt Collection Practices Act was created to eliminate abusive practices done by debt collectors and to protect consumers. Reading this article will give you more information about some unfair practices you should be aware of.In...more
If you're behind on paying your bills - and who isn't, these days? - it's tempting to let the mail pile up. After all, who wants to face yet another reminder that their financial house isn't in order? Ignoring the bills and debt collection calls can...more
With the advent of growing consumerism and easy loan facilities extended to people to leverage their future income, it happens often that people trend to take too much of loans on various grounds and formats and then are unable to service their debts...more
Being a bride is one time opportunity for every woman, and it becomes important to make it special by means of purchasing best apparel, jewellery, and so on. Now when we talk about apparel for an Indian bride, sarees are the one which come first on...more
Indian culture and tradition has its own value and is respected by all. But in this era people are rapidly accepting the western culture which has its own style and presentation of clothes. Combining this both traditional and western culture can...more