Brett's Portfolio - Before Home Unit

PLEASE NOTE

This is PAGE THREE of Brett's Portfolio Report and History
and covers the period from 18th November 2008 onwards

CLICK HERE to go to PAGE ONE
covering from 8th May 2008 to 4th August 2008

CLICK HERE to go to PAGE TWO
covering from 5th August 2008 to 17th November 2008

"Brett's Investments"

!!! Brett is buying a Home Unit !!!

SOLD
Friday 9th May 2008
x
Babcock Brown - 1078 shares @ $15.72 = $16946.16 = $16914.26 net
Rio Tinto - 600 shares @ $147.15 = $88290.00 = $88182.10 net
BHP Billiton - 82 shares @ $46.32 = $3798.24 = $3776.34 net
BHP Billiton - 1400 shares @ $46.35 = $64890.00 = $64810.18 net

SOLD
Monday 12th May 2008
x
Worley Parsons - 500 shares @ $40.23 = $20115.00 = $20083.10 net
Newcrest Mining - 676 shares @ $31.06 = $20996.56 = $20964.66 net
CSL Limited - 200 shares @ $40.24 = $8048.00 = $8026.10 net
Transfield Services - 1000 shares @ $13.00 = $13000.00 = $12968.10

x
More details on these Sales
x

Babcock and Brown 1078 shares Purchase cost = $28746.90 Sale as above = $16914.26 net Proceeds = down by $11832.64 Decrease of 41.16%	Rio Tinto 600 shares Purchase cost = $13762.00 Sale as above = $88182.10 net Proceeds = up by $74420.10 Increase of 540.77%	BHP Billiton 82 shares Purchase cost = $2874.10 Sale as above = $3776.34 net Proceeds = up by $902.24 Increase of 31.39%	BHP Billiton 1400 shares Purchase cost = $13856.00 Sale as above = $64810.18 net Proceeds = up by $50954.18 Increase of 367.74%
Worley Parsons 500 shares Purchase cost = $6240.00 Sale as above = $20083.10 net Proceeds = up by $13843.10 Increase of 221.84%	Newcrest Mining 676 shares Purchase cost = $17968.08 Sale as above = $20964.66 net Proceeds = up by $2996.58 Increase of 16.68%	CSL Limited 200 shares Purchase cost = $6848.00 Sale as above = $8026.10 net Proceeds = up by $1178.10 Increase of 17.20%	Transfield Services 1000 shares Purchase cost = $8120.00 Sale as above = $12968.10 net Proceeds = up by $4848.10 Increase of 59.71%

x
Total received from these eight sales was $236083.96 less brokerage fees of $359.12
Net total was $235724.84
x
For information - the purchase cost of all the above shares was $98415.08
The net total from the sales was $235724.84 and this is an increase of $137309.76 or +139.52%
x

SOLD
Wednesday 11th June 2008
x
Newcrest Mining - 550 shares @ $28.99 = $15944.50 = $15912.60 net

x
More details on this Sale
x

Newcrest Mining
550 shares
Purchase cost = $14619.00
Sale as above = $15912.60 net
Proceeds = up by $1293.60
Increase of 8.85%

Total received from this sale was $15944.50 less brokerage fees of $31.90
Net total was $15912.60
x
For information - the purchase cost of the above shares was $14619.00
The net total from the sale was $15912.60 and this is an increase of $1293.60 or +8.85%

SOLD
Wednesday 18th June 2008
x
Transfield Services - 1000 shares @ $8.12 = $8120.00 = $8098.10 net

SOLD
Friday 20th June 2008
x
Worley Parsons - 500 shares @ $38.44 = $19220.00 = $19188.10 net
CSL Limited - 1500 shares @ $39.51 = $59265.00 = $59191.93 net

x
More details on these Sales
x

Transfield Services
1000 shares
Purchase cost = $8120.00
Sale as above = $8098.10 net
Proceeds = down by $21.90
Decrease of 0.27%

Worley Parsons
500 shares
Purchase cost = $6240.00
Sale as above = $19188.10 net
Proceeds = up by $12948.10
Increase of 207.50%

CSL Limited
1500 shares
Purchase cost = $51360.00
Sale as above = $59191.93 net
Proceeds = up by $7831.93
Increase of 15.25%

x
Total received from these three sales was $86605.00 less brokerage fees of $126.87
Net total was $86478.13
x
For information - the purchase cost of all the above shares was $65720
The net total from the sales was $86478.13 and this is an increase of $20758.13 or +31.59%

SUMMARY OF THE ABOVE SALES
Friday 9th May to Friday 20th June 2008

Purchase cost of the shares = 178754.08
Net total received = 338115.57
An increase of $159361.49
+89.15%

"The Prices When Brett Sold"

BHP	82 shares @ $46.32 1400 shares @ $46.35	$46.35

BNB	1078 shares @ $15.72	$15.72

CSL	200 shares @ $40.24 1500 shares @ $39.51	$39.60

NCM	676 shares @ $31.06 550 shares @ $28.99	$30.13

RIO	600 shares @ $147.15	$147.15

TSE	1000 shares @ $13.00 1000 shares @ $8.12	$10.56

WOR	500 shares @ $40.23 500 shares @ $38.44	$39.34

"What Would Have Happened"

------------------

PORTFOLIO VALUE
on Thursday 8th May 2008
$341046

What the portfolio would have been on ......
x
x
Tuesday 18th November 2008
$179370 = down by $161676 since Thursday 8th May
and this is a 47.41% fall in the value of this portfolio !!
NOTE #01 - TSE - shares have been in a trading halt since 7th November 2008
NOTE #02 - BNB - Brett sold his shares on the 9th May 2008 for $15.72 each - today they finished trading at just $0.31 per share!!!

Stocks close lower
The Australian share market has closed 3.5 per cent down at fresh four-year lows, wiping $34 billion from the value of the market following a weaker performance on Wall Street overnight
In the US, the Dow Jones Industrial Average lost 223.73 points, or 2.63 per cent, to close at 8,273.58
At the close, the benchmark S&P/ASX200 index was 129.8 points, or 3.55 per cent lower at 3523.2, while the broader All Ordinaries lost 126.4 points, or 3.47 per cent to 3513.1, led down by resource and banking stocks
The S&P/ASX200 closed at its lowest level since 25 August 2004 and the All Ordinaries was at its weakest since 20 August 2004
Tuesday's fall wiped $31 billion from the value of stocks listed on the All Ordinaries index and $34 billion from the value of stocks listed on the Australian stock exchange
"People are still very nervous They seem to be a little afraid to commit money to the market as quite a few of them are suggesting there might be more downside" said Patersons Securities dealer Martin Angel
"It was a mixture of the big boys - the banks and the resources - taking no prisoners again - that weighed on the market"
The big miners were weaker, with BHP Billiton shedding 90 cents, or 3.59 per cent, to $24.20 and rival Rio Tinto losing $5.44, or 7.41 per cent, to $68.00
BHP Billiton fell after base metal prices tanked overnight on concerns over falling demand, and JPMorgan slashed its 2009 profit forecast for the Big Australian by 31 per cent because of lower commodity prices and production cuts
BHP said on Tuesday that it had restarted work on the Yeelirrie project after the Western Australian government lifted a six-year ban on uranium mining
The banking sector was mixed, with National Australia Bank adding 22 cents to $19.15, ANZ Bank dropping 20 cents to $13.04, Commonwealth Bank falling $1.23 to $30.10 and Westpac dipping 77 cents to $15.55
The spot price of gold was lower and trading at $US738.80 an ounce, down $US2.95 on Monday's local close of $US741.75 an ounce
The gold miners were weaker, with Newcrest dipping $1.91 to $18.99, Lihir Gold retreating 4.5 cents to $1.75 and Newmont giving up 14 cents to $3.55

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S&P/ASX200 Index ... twelve month chart

S&P/ASX200 Index ... two year chart

S&P/ASX200 Index ... five year chart

S&P/ASX200 Index ... ten year chart

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Wednesday 19th November 2008
$177113 = down by $163933 since Thursday 8th May
and this is a 48.07% fall in the value of this portfolio !!
NOTE #01 - TSE - shares have been in a trading halt since 7th November 2008
NOTE #02 - BNB - Brett sold his shares on the 9th May 2008 for $15.72 each - today they finished trading at just $0.25 per share!!!

Aussie shares down after positive start
The Australian sharemarket closed lower on profit-taking despite a positive start to the trading day
The benchmark S&P/ASX200 index was down 23.6 points, or 0.67 per cent, at 3,499,.6 while the broader All Ordinaries index had shed 29.9 points, or 0.85 per cent, to 3,483.2
IG Markets research analyst Ben Potter said the release the Westpac-Melbourne Institute index showing a downbeat economic outlook didn't help the market
Mr Potter said the lifting of a short-selling ban - excluding financials - also explained some of the selling pressure
"The Westpac-Melbourne Institute index of economic activity, which indicates the likely pace of growth three to nine months into the future, came in at 1.1 per cent for September" Mr Potter said
"This is down from 3.5 per cent in August and is the biggest drop since the mid 1980's Given the data, the likelihood of a recession in 2009 seems to be increasing There is the very real possibility that the first two quarters of 2009 could produce negative GDP growth"
Mr Potter said the rapidly deteriorating domestic economy meant a 100 basis point interest rate cut in December by the Reserve Bank "looks more like a necessity, rather than an option"
ANZ Bank was a top performer among the banks, up 78 cents, or 5.98 per cent, to $13.82, Commonwealth Bank had added 83 cents, or 2.76 per cent, to $30.93, National Australia Bank had found 53 cents, or 2.77 per cent, to $19.68 and Westpac had gained 70 cents, or 4.5 per cent, to $16.25
Mining giant BHP Billiton fell $1.00, or 4.13 per cent, to $23.20 while its takeover target Rio Tinto gave up $2.10, or 3.09 per cent, to $65.90
Babcock & Brown Ltd has decided to transform itself into a specialist infrastructure business and sell its remaining assets and operations to raise funds to pay down debt
Shares in Babcock & Brown plunged six cents, or 19.35 per cent, to 25 cents
Spot gold in Sydney was trading at $US737.60 an ounce, down $US2.15 on Tuesday's local close of $US739.75
Major gold stocks were mixed Newcrest was down four cents to $18.95, Newmont gained five cents to $3.60 and Lihir Gold dipped six cents, or 3.43 per cent, to $1.69
The most traded stock on volume was Australia's third largest diversified miner OZ Minerals, with 71.99 million units changing hands worth a total of $46.72 million
OZ Minerals shares were down 10 cents, or 13.7 per cent, to 63 cents

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Thursday 20th November 2008
$163978 = down by $177068 since Thursday 8th May
and this is a 51.92% fall in the value of this portfolio !!
NOTE #01 - TSE - shares have been in a trading halt since 7th November 2008
NOTE #02 - BNB - shares have been in a trading halt since 19th November 2008
NOTE #02 - BNB - Brett sold his shares on the 9th May 2008 for $15.72 each - today they finished trading at just $0.25 per share!!!

Stocks end weaker
The Australian sharemarket closed more than four per cent weaker, with losses in all sectors particularly among the major miners and energy stocks after Wall Street's lowest close since 2003
The Dow Jones Industrial Average lost 427.47 points, or 5.1 per cent, to 7997.28, its lowest since March 2003
The index has fallen 30 per cent since mid-September
The Australian market slumped 4.19 per cent yesterday, taking its losses since the November 1 peak to 50.9 per cent
The selling wave has slashed $905 billion from listed companies
The benchmark S&P/ASX200 index was down 146.7 points, or 4.19 per cent, at 3,352.9 while the broader All Ordinaries index had shed 150.6 points, or 4.32 per cent, to 3332.6
Bell Potter senior adviser Stuart Smith said the majority of Thursday's trade consisted of forced sales
"What I can see is that the distressed selling is continuing and at a greater rate than it has in the last three or four weeks" Mr Smith said
"The market has absorbed $4.2 billion of turnover today and most of that is distressed selling"
The mining giants were among the day's worst performers
BHP Billiton fell $2.10, or 9.05 per cent, to $21.10 while its takeover target Rio Tinto gave up $8.65, or 13.13 per cent, to $57.25
"It's forced selling There can be no other reason" Mr Smith said
"The market's trying to find an absolute floor It will happen just as night follows day, but when is the story It's just a matter now of having patience This is the greatest test of patience I've experienced in thirty years"
Among the banks, ANZ Bank fell 82 cents, or 5.93 per cent, to $13.00, Commonwealth Bank dropped $1.62, or 5.24 per cent, to $29.31 and National Australia Bank lost 86 cents, or 4.37 per cent, to $18.82
Westpac shed 65 cents, or four per cent, to $15.60 after unveiling its senior executive line-up after merging with St George Bank
Among the investment banks, Macquarie Group added to its gains of the past two days, rising $1.84, or 7.3 per cent, to $27.00 after trading more than 7% lower this morning
Babcock and Brown shares were placed in a trading halt today over a dispute with a bank
The shares fell 6 cents, or 19 per cent, to close at 25 cents yesterday
Spot gold in Sydney was trading at $US737.60 an ounce, down 75 US cents on Wednesday's local close of $US738.35
Newcrest was steady at $18.95, Newmont lost 13 cents $3.47 and Lihir Gold fell 6.5 cents to $1.625
The most traded stock on volume was OZ Minerals, with 84.4 million units changing hands worth a total of $46.2 million
OZ Minerals shares were down 10.5 cents, or 16.67 per cent, to 52.5 cents
The world's second-largest zinc miner and a major supplier of copper, warned this week of lower profits and possible asset writedowns

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DATE	PORTFOLIO VALUE	DAILY "+" or "-"	DIFFERENCE SINCE 8th MAY 2008	COMMENTS
21 - 11 - 2008	$165906	+$1928	-$175140	x
24 - 11 - 2008	$171282	+$5376	-$169764	x
25 - 11 - 2008	$182432	+$11150	-$158614	*TOTAL* - has increased by $18454 over the past three trading days

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Wednesday 26th November 2008
$170465 = down by $170581 since Thursday 8th May
The Collapse of Rio Tinto
Brett sold when the shares were $147.15 each
Today they are at $42.01 per share
When Brett sold his 600 shares he received $88290.00
Today he would get just $25206.00
!! A DIFFERENCE OF $63084.00 !!
NOTE #01 - TSE - shares have been in a trading halt since 7th November 2008
NOTE #02 - BNB - shares have been in a trading halt since 19th November 2008

Rio margin calls pull Aussie market down
The Australian share market closed around two and a half per cent weaker despite gains in resource giant BHP Billiton and a positive lead overnight from Wall Street
At the close, the benchmark S&P/ASX200 index was down 83.4 points, or 2.3 per cent, at 3540.0, while the broader All Ordinaries dropped 95.8 points, or 2.68 per cent, to 3479.6
Margin calls after BHP Billiton scrapped its $US66 billion ($A100 billion) proposed bid for Rio Tinto had the equities market finish in negative territory
IG Markets research analyst Ben Potter said the market had drifted throughout the day, with sellers selling into the strength
"The BHP/Rio issue is an absolute mess for anyone who holds Rio Tinto" he said
"There has been a few big margin calls go out for that today" he said
"I think there is going to be an overhang of stock being sold for Rio Tinto over the next couple of days"
Market talk was that Rio would have to raise capital as well, Mr Potter said
BHP Billiton finished $1.03, or 3.93 per cent, stronger at $27.25, while Rio Tinto plunged $21.89, or 34.26 per cent, to $42.01
Also, OZ Minerals was down 2.5 cents, or 4.5 per cent, to 52.5 cents
Newmont Mining Corporation was the only bright spot in the gold sector, gaining seven cents to $4.86, while rival Newcrest Mining eased 45 cents, or 1.77 per cent, to $25.00 and Lihir Gold was up 1 cent, or 0.4 per cent, at $2.22
Spot gold in Sydney was trading at $US813.75 an ounce, down $US2.40 on Tuesday's local close of $US816.15
Losses across the banking sector were a surprise given the bailout package for Fannie Mae and Freddie Mac in the US, Mr Potter said
"I think it's just about short term profit taking in a bear market," he said
Westpac dropped $1.23, or 6.9 per cent, to $16.60, while Commonwealth Bank fell $1.34, or 3.94 per cent, to $32.66
ANZ Bank lost 50 cents, or 3.44 per cent, to $14.05 and National Australia Bank gave up 30 cents to $19.57

Rio Tinto Limited ... twelve month chart

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DATE	PORTFOLIO VALUE	DAILY "+" or "-"	DIFFERENCE SINCE 8th MAY 2008	COMMENTS
27 - 11 - 2008	$174860	+$4395	-$166186	x
28 - 11 - 2008	$183680	+$8820	-$157366	*TOTAL* - has increased by $13215 over the past two trading days ... and has increased by $19702 over the past six trading days since reaching THE RECORD LOW OF $163978 on Thurday 20th November 2008
01 - 12 - 2008	$175124	-$8556	-$165922	*TSE* - shares have been in a trading halt since 7th November 2008 - started trading again today at $3.50 ... and finished the day at just $1.245 per share!!
02 - 12 - 2008	$167013	-$8111	-$174033	*TSE* - up a little bit!! - finished the day at $1.36 per share TOTAL - has dropped by $16667 over the past two trading days
03 - 12 - 2008	$164319	-$2694	-$176727	*BNB* - shares have been in a trading halt since 19th November 2008 - selling halted at $0.25 per share TSE - up again! - finished the day at $1.76 per share TOTAL - has dropped by $19361 over the past three trading days TOTAL - today's finish at $164319 is only $341 above THE RECORD LOW OF $163978 on Thurday 20th November 2008

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Thursday 4th December 2008
$160976 = down by $180070 since Thursday 8th May
and this is a 52.80% fall in the value of this portfolio !!
TSE - refer above - shares finished the day at $1.93 each
BNB - refer above - back trading as from today and finished at $0.39 per share
TOTAL - has dropped by $22704 over the last four trading days

Stocks close marginally lower
The Australian share market lost its earlier strong gains to close little changed after the miners dragged the bourse down on fears of more commodity price falls
The insurers and banks gained
The benchmark S&P/ASX200 index was down 1.4 points, or 0.04 per cent, at 3,532.4, while the broader All Ordinaries lost 8.4 points, or 0.24 per cent, to 3,468.1
The local market had been as much as two per cent higher after opening after a stronger lead from Wall Street
On Wall Street, the Standard & Poor's 500 Index climbed for the seventh time in eight days, rallying 2.6% to 870.74, the Dow Jones Industrial Average added 172.6, or 2.1%, to 8591.69, and the Nasdaq Composite increased 2.9% to 1492.38
Burrell Stockbroking associate Peter Wright said trading here was subdued with low volumes as many investors sat on the sidelines
"It's very underwhelming" he said
"There's a pretty constant concern out there that there will be another fall in commodity prices That's hit the resource stocks"
The credit crunch continues to exact a toll from the shares of companies in need of funds
Doubts over funding needs have weighed down a number of companies in the sharemarket, said Jamie Spiteri of Shaw Stockbroking
"That trend has continued in recent days Looking at major falls across our market, it's a lot of mining companies with the gathering uncertainty about further development and expansion programs'' Mr Spiteri said
"And the difficulties they've had with a lot of lower commodities prices and capital requirements to fulfil growth''
One example is Rio Tinto's share price slump since BHP Billiton called off its acquisition bid two weeks ago
BHP Billiton fell 31 cents, or 1.11 per cent, to $27.50, while Rio Tinto shares slumped $4.30, or 11.68 per cent, to $32.50
While data showed Australia posted a record trade surplus of nearly $3 billion in October, building approvals fell for the fourth month in a row
Spot gold was trading at $US766.80 an ounce, down $US12.05 on Wednesday's Sydney close of $US778.85
Lihir Gold dropped four cents to $2.30 and Newcrest fell 86 cents to $24.65
The big banks were all stronger
Commonwealth Bank added 40 cents to $31.60, National Australia Bank rose 87 cents to $19.46, ANZ Bank gained 26 cents to $14.42 and Westpac lifted 44 cents to $16.94
"The banks were stronger, probably because they won't have to write the Babcock exposure off for another year" Mr Wright said
Babcock & Brown shares jumped 14 cents, or 56 per cent, to 39 cents after announcing it had secured new funding from its bankers and rearranged aspects of its debt repayment obligations
The investment bank was granted more time and an extra $150 million in funds to help it restructure and survive
The shares more than doubled after the stock resumed trading, surging as much as 128%, or 32 cents, to 57 cents after the beleaguered investment group reached a deal with its syndicate of creditors
The deal will buy Babcock & Brown time while it hammers out a new business plan aimed at an ''orderly'' sell-down of assets over the next two to three years
OZ Minerals moved to allay market concerns about its $1.27 billion debt burden, saying it was not behind in its payments or in default
The shares were flat at 55 cents - trading halt

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Friday 5th December 2008
!! THE LOWEST !!-----$157666 = down by $183380 since Thursday 8th May
and this is a 53.77% fall in the value of this portfolio !!
TSE - refer above - shares finished the day at $1.88 each----------BNB - refer above - shares finished the day at $0.255
RIO - refer to Wednesday 26th November above - shares now at just $32.00 each
TOTAL - has dropped by $26014 over the last five trading days

Aussie stocks lower after oil price drop
The Australian stock market closed lower on Friday, dragged back by weakness in the resources sector after a big drop in the price for oil
At the close, the benchmark S&P/ASX200 index had fallen 42.5 points, or 1.2 per cent, to 3,489.9, while the broader All Ordinaries reversed 40.9 points, or 1.18 per cent, to 3,427.2
In the US on Wall Street on Thursday, the Dow Jones Industrial Average index fell 215.45, or 2.51 per cent, to 8,376.24
ABN Amro Morgans senior client adviser Roger Chandler said resource stocks had led the market down
"People are a little bit skittish about the slowdown in the economy and what will happen" he said
"The big drop in the oil price last night doesn't really do a lot of good for Santos, Woodside - any of the oil stocks - and BHP Billiton is part oil stock, so it's included"
Mr Chandler said Rio shares were down because investors had concerns that it may not be able to refinance some of its debt
The oil price fell $US3.12 to $US43.67 in New York, the lowest in almost four years, due to growing concerns about demand in the world's biggest energy-consuming nation, the United States
On the local market in the resources sector, global miner BHP Billiton lost $1.35, or 4.91 per cent, to $26.15
Rio Tinto shed 50 cents to $32.00
Among the major banks, the National Australia Bank was 35 cents richer at $19.81, ANZ Bank picked up 18 cents at $14.60, Westpac dipped nine cents to $16.85 and Commonwealth Bank was 70 cents poorer at $30.90
Among gold stocks, Lihir Gold gave away five cents at $2.25, Newmont picked up one cent at $4.65 and Newcrest improved 43 cents to $25.08
The price of gold in Sydney was $US766.05 per fine ounce, down $US4.55 on yesterday's close of $US770.60
Investment firm Babcock & Brown lost 13.5 cents to 25.5 cents as an analyst said its banking syndicate had extended its lifeline because Babcock was likely to sell its assets at higher prices than an administrator would

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DATE	PORTFOLIO VALUE	DAILY "+" or "-"	DIFFERENCE SINCE 8th MAY 2008	COMMENTS
08 - 12 - 2008	$164691	+$7025	-$176355	*BNB* - refer to 3rd, 4th and 5th December above - the share price at the end of today's trading was just $0.165 each!!
09 - 12 - 2008	$170059	+$5368	-$170987	*BNB* - refer above - the share price at the end of today's trading was just $0.155!!
10 - 12 - 2008	$174903	+$4844	-$166143	*TOTAL* - has increased by $17237 over the past three trading days ... since reaching THE RECORD LOW OF $157666* on Friday 5th December 2008*
11 - 12 - 2008	$172592	-$2311	-$168454
12 - 12 - 2008	$165148	-$7444	-$175898
15 - 12 - 2008	$171930	+$6782	-$169116
16 - 12 - 2008	$170807	-$1123	-$170239
17 - 12 - 2008	$175745	+$4938	-$165301	x
18 - 12 - 2008	$177419	+$1674	-$163627	x
19 - 12 - 2008	$180376	+$2957	-$160670	*TOTAL* - is at $180376 ... and this is the highest since 28th November 2008
22 - 12 - 2008	$177876	-$2500	-$163170
23 - 12 - 2008	$175036	-$2840	-$166010
24 - 12 - 2008	$176537	+$1501	-$164509
29 - 12 - 2008	$177762	+$1225	-$163284
30 - 12 - 2008	$180845	+$3083	-$160201	*TOTAL* - is at $180845 ... and this is the highest since 28th November 2008
31 - 12 - 2008	$184688	+$3843	-$156358	*TOTAL* - is at $184688 ... and this is the highest since 17th November 2008
02 - 01 - 2009	$185342	+$654	-$155704	*TOTAL* - is at $185342 ... and this is the highest since 17th November 2008
05 - 01 - 2009	$183571	-$1771	-$157475
06 - 01 - 2009	$184517	+$946	-$156529
07 - 01 - 2009	$184406	-$111	-$156640	*BNB* - refer to 9th December above - the shares have been placed in a trading halt again - the last price was $0.325
08 - 01 - 2009	$177773	-$6633	-$163273
09 - 01 - 2009	$186282	+$8509	-$154764	*TOTAL* - is at $186282 ... and this is the highest since 17th November 2008
12 - 01 - 2009	$183252	-$3030	-$157794
13 - 01 - 2009	$182732	-$520	-$158314
14 - 01 - 2009	$181449	-$1283	-$159597
15 - 01 - 2009	$172715	-$8734	-$168331	*BNB* - refer to 7th January above - shares are still in trading halt TOTAL - has dropped by $13567 over the last four trading days TOTAL - is at $172715 ... and this is the lowest since 16th December 2008
16 - 01 - 2009	$177622	+$4907	-$163424
19 - 01 - 2009	$183561	+$5939	-$157485
20 - 01 - 2009	$176261	-$7300	-$164785
21 - 01 - 2009	$179957	+$3696	-$161089
22 - 01 - 2009	$182761	+$2804	-$158285
23 - 01 - 2009	$177116	-$5645	-$163930	*Babcock shares worthless as banks bleed* - and elsewhere in the financial sector, Babcock and Brown Ltd remained in a trading halt after it said there would be nothing left for shareholders after its lenders take their cut under a plan the debt laden investment firm is discussing with its bankers - BNB last traded at 32.5 cents
27 - 01 - 2009	$187395	+$10279	-$153651	*TOTAL* - is at $187395 ... and this is the highest since 17th November 2008
28 - 01 - 2009	$188067	+$672	-$152979	*TOTAL* - is at $188067 ... and this is the highest since 17th November 2008 BNB - refer to 23rd January above - and the shares are still in trading halt
29 - 01 - 2009	$187579	-$488	-$153467
30 - 01 - 2009	$191587	+4008	-$149459	*TOTAL* - has increased by $14471 over the past four trading days TOTAL - is at $191587 ... and this is the highest since 14th November 2008 BNB - refer to 23rd January above - and the shares are still in trading halt
02 - 02 - 2009	$188707	-$2880	-$152339
03 - 02 - 2009	$186052	-$2655	-$154994
04 - 02 - 2009	$182528	-$3524	-$158518
05 - 02 - 2009	$189289	+6761	-$151757
06 - 02 - 2009	$193290	+4001	-$147756	*TOTAL* - has increased by $10762 over the past two trading days TOTAL - is at $193290 ... and this is the highest since 12th November 2008 BNB - refer to 23rd January above - and the shares are still in trading halt
09 - 02 - 2009	$196832	+3542	-$144214	*TOTAL* - has increased by $14304 over the past three trading days TOTAL - is at $196832 ... and this is the highest since 12th November 2008 BNB - refer to 23rd January above - and the shares are still in trading halt
10 - 02 - 2009	$195630	-$1202	-$145416
11 - 02 - 2009	$196694	+1064	-$144352
12 - 02 - 2009	$198204	+1510	-$142842	*TOTAL* - is at $198204 ... and this is the highest since 11th November 2008
13 - 02 - 2009	$200617	+2413	-$140429	*TOTAL - is at $200617 ... and this is the highest since 10th November 2008*
16 - 02 - 2009	$199630	-$987	-$141416
17 - 02 - 2009	$200459	+829	-$140587
18 - 02 - 2009	$199444	-$1015	-$141602
19 - 02 - 2009	$200230	+786	-$140816
20 - 02 - 2009	$195865	-$4365	-$145181
23 - 02 - 2009	$191163	-$4702	-$149883
24 - 02 - 2009	$192400	+1237	-$148646
25 - 02 - 2009	$191883	-$517	-$149163
26 - 02 - 2009	$191028	-$855	-$150018
27 - 02 - 2009	$191300	+272	-$149746
02 - 03 - 2009	$187014	-$4286	-$154032	*TOTAL* - is at $187014 ... and this is the lowest since 4th February 2009 BNB - refer to 23rd January above - and the shares are still in trading halt
03 - 03 - 2009	$184752	-$2262	-$156294	*TOTAL* - is at $184752 ... and this is the lowest since 4th February 2009 BNB - will advise when halt has finished
04 - 03 - 2009	$181965	-$2787	-$159081	*TOTAL - is at $181965 ... and this is the lowest since 23rd January 2009*
05 - 03 - 2009	$184981	+3016	-$156065
06 - 03 - 2009	$185103	+122	-$155953
09 - 03 - 2009	$189042	+3939	-$152004
10 - 03 - 2009	$189628	+586	-$151418
11 - 03 - 2009	$191737	+2109	-$149309
12 - 03 - 2009	$189308	-$2429	-$151738
13 - 03 - 2009	$194774	+5466	-$146272	*TOTAL* - is at $194774 ... and this is the highest since 20th February 2009 BNB - refer to 23rd January above - administrators have been appointed!!
16 - 03 - 2009	$192374	-$2400	-$148672
17 - 03 - 2009	$195865	+3491	-$145181	*TOTAL* - is at $195865 ... and this is the highest since 19th February 2009
18 - 03 - 2009	$190421	-$5444	-$150625
19 - 03 - 2009	$189156	-$1265	-$151890
DATE	PORTFOLIO VALUE	DAILY "+" or "-"	DIFFERENCE SINCE 8th MAY 2008	COMMENTS

x
!!--THE--FINAL--RECORDING--FOR--THIS--PORTFOLIO--!!
x

x
IMPORTANT -- the figures in the "Difference since 8th May 2008" column above are based upon the value of Brett's portfolio on that date ... this amount was $341046, as detailed at the top of this page ... since 8th May 2008, Brett would have received a number of Cash Dividends plus increases in share holdings via the Dividend Reinvestment Plans offered by some of the companies ... these, naturally, would have increased the Portfolio Value ... it is almost impossible to determine the exact amount involved but, being VERY GENEROUS, even if an amount of $10000 was added to the total value, Brett is still way, way, way better off by selling when he did !!...ABOUT..$140000..TO..$150000..BETTER..OFF..!!
x
x
IMPORTANT -- as you can see above, Babcock and Brown Limited went into voluntary administration on Friday 13th March 2009 ... Brett bought his shares for $28746.90 and sold them for $16914.26 net ... that is a loss of $11832.64 ... however, today they would be worth ZERO !!
x
x
IMPORTANT -- just as a matter of interest, the lowest value of this portfolio was on Friday 5th December 2008 and the details are listed above ... it's value then was $157666, which represented a drop of $183380 !!
x
x
SUMMARY -- Thursday 8th May 2008 = EXACTLY THE RIGHT TIME TO DECIDE TO SELL !!
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x
Update on Friday 19th June 2009
x
An email to Sharon and Brett
------------"Before Home Unit" Portfolio
------------I stopped reporting on this portfolio back on the 19th March 2009
------------But I keep it listed and check it every now and again
------------On the 19th March it was at a total of $189156
------------On the 11th June it had jumped up to $225777
------------Yesterday, the 19th June, it had fallen back down to $203091
------------Now, being very, very, very generous !!
------------Let's say we add on $12000 for dividends ... cash and reinvestments
------------That would give a total of $215000
------------When Brett sold up to buy the unit, he got $341000
------------$126000 BETTER OFF !!
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PLEASE NOTE

This is PAGE THREE of Brett's Portfolio Report and History
and covers the period from 18th November 2008 onwards

CLICK HERE to go to PAGE ONE
covering from 8th May 2008 to 4th August 2008

CLICK HERE to go to PAGE TWO
covering from 5th August 2008 to 17th November 2008