Author Topic: Live chat  (Read 1845171 times)

Moonraker

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Re: Live chat
« Reply #6540 on: December 15, 2017, 09:09:17 am »
Surely the share should be suspended? That was one of the reasons I got out...and lost mucho dineiro.

vencat

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« Reply #6541 on: December 15, 2017, 10:06:41 am »
was the sale of the shares not a forced sale by the lenders who held his shares as security?

Moonraker

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Re: Live chat
« Reply #6542 on: December 15, 2017, 10:24:08 am »
was the sale of the shares not a forced sale by the lenders who held his shares as security?
Yes, those were shares lodged with banks as surety for financing the business. As a result voting pool drops to below 30% - breaks voting pool control over Steinhoff.

Jay

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« Reply #6543 on: December 17, 2017, 11:44:16 am »
Thoughts for a long term hold?

Mr_Dividend

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« Reply #6544 on: December 17, 2017, 04:53:53 pm »
ABinbev, Shoprite, Discovery, Aspen, NPN.

Hamster

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Re: Live chat
« Reply #6545 on: December 17, 2017, 05:22:19 pm »
Thoughts for a long term hold?
As an experiment I recently (like a week ago) bought this (even split 10 ways):

AVI   AVI Ltd.
BVT  Bidvest Group Ltd
CLS  Clicks Group Ltd
SHP  Shoprite Holdings Ltd
DSY  Discovery Ltd
NPN  Naspers Limited
CPI   Capitec Bank Holdings Limited
KIO   Kumba Iron Ore Ltd.
RES  Resilient REIT Limited
SRE  Sirius Real Estate Ltd

So far NPN has lost me money :p

gcr

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Re: Live chat
« Reply #6546 on: December 18, 2017, 09:18:11 am »
Thoughts for a long term hold?
As an experiment I recently (like a week ago) bought this (even split 10 ways):

AVI   AVI Ltd.
BVT  Bidvest Group Ltd
CLS  Clicks Group Ltd
SHP  Shoprite Holdings Ltd
DSY  Discovery Ltd
NPN  Naspers Limited
CPI   Capitec Bank Holdings Limited
KIO   Kumba Iron Ore Ltd.
RES  Resilient REIT Limited
SRE  Sirius Real Estate Ltd

So far NPN has lost me money :p
Interesting choices - I hold 4 on your list of which 3 are showing profits of + R 240,000 and the 4th R 68,000 but then I have had it in my portfolio for a much shorter time than the others.
Also look at Cashbuild it too is giving me a paper profit of over 1/4 million Rand
I see in early trading Capitec took a big smack this morning but seems to have recovered a bit
Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

Patrick

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« Reply #6547 on: December 19, 2017, 07:49:55 am »
One more week for the competition!

floydthebarber71

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« Reply #6548 on: December 19, 2017, 10:24:26 am »
Wow, Discovery has been hauling the past few days

Moonraker

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Re: Live chat
« Reply #6549 on: December 19, 2017, 11:48:52 am »
Note, half of top six are NDZ aligned and two of those are linked to state capture. CR has a problem.
Once that sinks in Rand will weaken again.
« Last Edit: December 19, 2017, 11:53:36 am by Moonraker »

Orca

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Re: Live chat
« Reply #6550 on: December 19, 2017, 12:37:28 pm »
The top 6 had to be chosen from both factions so as to not split the ANC. They can now reconcile.
It is inevitable that the rand will weaken as traders book profits in the short term.
I started here with nothing and still have most of it left.

Patrick

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« Reply #6551 on: December 19, 2017, 12:38:25 pm »
DIVTRX really seems to be liking Cyril!

Moonraker

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Re: Live chat
« Reply #6552 on: December 19, 2017, 12:58:05 pm »
Orca, CR is going to have a hard time. http://www.sharenet.co.za/views/From-The-Dealing-Desk-191217/22956934f395ab85403706d299f65cfc?from=2
Reconciliation? I think they will thwart him at every turn.

Bread

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Re: Live chat
« Reply #6553 on: December 19, 2017, 03:42:49 pm »
I agree, Moonraker. And things like Radical Economic Transformation are still very high on the NEC's agenda.

Moonraker

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