286
Introductions / Re: Robot 101
« on: February 03, 2017, 09:28:27 pm »
Been watching SPG for the past year now. Might buy some, do you think they are going to go much lower still?
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287
The Investor Challenge / Re: Blog post: What is the average South African’s biggest expense?
« on: February 03, 2017, 09:25:22 pm »
Rent/Morgage
288
Shares / Re: Alsi Forum
« on: February 03, 2017, 08:33:20 pm »Hi O..
nice to see you again..
Well trading the alsi is never easy..It can make or break you!!
Purpose of forum is to teach you one thing and one thing only....first 3 years is to preserve capital!!
Once the expereince comes in and you last the 3 years school fees, you will soon be one of the 5 % who can tame this beast!
I have now been trading the alsi for about 30 months max...and i can confidently say that the fact im still in the game makes me a better trader.
About 3 members did lose all thier capital and quit..Other 5 i say make consistent profits...balance hard to tell..We try to show all our entries with exits...so no past the event trades posted so we all learn along. Each member shares his trading system and all help improve etc...Therefore its a closed private forum.
Sharechat is history due to one and and only one member and you know who.
I do not charge for my services and am just doing it for my passion....fully fully committed as im a full time trader. I stop trading cfds etc and give this 100% of my time and commitment. We have members such as Farouk, Argento , JJ and a few others from the sharechat forum...
and as Argento rightly said, ' Its a privilege and not a right to be part fo the HDB forum"
Let me say, i have kicked out quite a few free loaders who i feel where not adding value by catching a free ride on my forum. My motto is "Share and you will receive". If you only want to take, then i have no place in my forum..
HDB
Interesting
289
Shares / Re: ABIL - now African Phoenix - Listing 1 February 2017
« on: February 03, 2017, 08:31:07 pm »Interesting how on some forums - investors are confused as to what the shares (AXL) are worth - and think that they can add the Preference Share Capital to the Ordinary Share Capital - and hence they think that the Ordinary share is cheap at 40-60c. Why would you want to pay more for cash than NAV - the NAV is around 36c - this should be discounted and therfore once the short squeeze is over the share will drift down into the 25-40c area
As for the Prefs (AXLP) - well they need to know when they are to be paid their first dividend !! - At R30-R40 they are priced for no dividends for the next 4-5 years !!!!!
100% Agreed.
With that said, ordinary shares where do you see it going in the next 6 months?
291
Shares / Re: ABIL - now African Phoenix - Listing 1 February 2017
« on: January 31, 2017, 06:55:55 pm »293
Shares / Re: ABIL - now African Phoenix - Listing 1 February 2017
« on: January 30, 2017, 08:54:52 am »And that is why we call it a market - constant price discovery - opposing views and often "anchoring"
Amazing how people anchor the olde ABIL - and therefore will not touch them despite new directors, new strategy, no bank and over R1.5bn cash on consolidated Balance Sheet
So what if the preference shares (AXLP (ABLP previously)) in a months time are trading at R24 and the company resumes paying dividends related to Prime of say R 8 p.a
- that's a yield of 33% - and the main shareholders remain Allan Gray, Coronation and PIC - one cannot say I will never touch that share again !!
"So what if the preference shares (AXLP (ABLP previously)) in a months time are trading at R24 and the company resumes paying dividends related to Prime of say R 8 p.a "
Still won't touch them.
294
Shares / Re: ABIL - now African Phoenix - Listing 1 February 2017
« on: January 28, 2017, 09:48:03 pm »
I wont touch them
295
Off topic / Re: JSE End Of Day Data Download
« on: January 23, 2017, 07:48:21 pm »
I see sharenet's prices as increased five fold.
Anywhere else where I can get the following:
Stock Exchange News Service feed
World Markets (Spot Prices)
Major Moves Up
Major Moves Down
Essentially I want to create this (With a few news sections and the likes):
Anywhere else where I can get the following:
Stock Exchange News Service feed
World Markets (Spot Prices)
Major Moves Up
Major Moves Down
Essentially I want to create this (With a few news sections and the likes):
297
Shares / Re: Why It Is Important to Keep Fees Low
« on: January 20, 2017, 01:22:29 pm »
Foking lol - Accurate.
298
Shares / Re: Coreshares Preftrax
« on: January 19, 2017, 01:08:01 pm »
We had a discussion about this ETF and preference shares in general this morning on MyBB and I must say, dammit I like this whole Preference share business since I do not really care so much to forfeit my voting rights in turn for solid dividends looking at the share the last year going forward it seems PREFTRAX might be worth climbing in this year?
299
The Investor Challenge / Re: 2016 results
« on: January 19, 2017, 01:02:45 pm »
Last year we took a knocking of note.
Here is to hoping this year will be better.
Here is to hoping this year will be better.
300
Shares / Re: Sygnia ETFs coming
« on: January 17, 2017, 11:34:28 am »I would like to see:
1. World small cap ETF
2. World mid cap ETF
3. Local small cap ETF
4. Local long term gov bond ETF
That just made my body tingle! YES.