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Author Topic: Live chat  (Read 2926607 times)

MrMafia

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« Reply #1470 on: September 23, 2014, 10:05:25 am »
The whole JSE seems to be dropping.  Any chance for a turnaround?
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MfanakhitiInvestment

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« Reply #1471 on: September 23, 2014, 11:00:18 am »
Russia. -_-
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Orca

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« Reply #1472 on: September 23, 2014, 11:16:59 am »
Overdone.
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Patrick

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« Reply #1473 on: September 23, 2014, 02:41:53 pm »
Welcome back Orca, how's Portugal treating you?
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Orca

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« Reply #1474 on: September 23, 2014, 10:37:02 pm »
Great. Will update my "blog".
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gcr

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« Reply #1475 on: September 24, 2014, 09:37:29 pm »
Patrick - how is your system going to handle the Woolworths nil paid letters, can we take up to, what we have as a balance in our accouts?
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Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

Patrick

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« Reply #1476 on: September 25, 2014, 11:32:01 am »
I haven't followed woolworths, so I'll need a brief description and also some recommendations.
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gcr

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Re: Live chat
« Reply #1477 on: September 25, 2014, 02:07:23 pm »
If you look at the WHL sens it spells out the deal, but, in essence shareholders have been allocated NPL which had to be taken up last Friday or the letters lapsed. I hold WHL in my private portfolio and have taken up my shares as they are priced at a discount to current trading prices (Price is R 60 and some change per share) so once they list these shares they will ranks with the current ordinary shares. One can expect the price of WHL to drop a bit as there will be more shares in circulation but I think it is already in the price as they are trading at about R 71.00
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Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

Patrick

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« Reply #1478 on: September 25, 2014, 02:44:11 pm »
Great, I'll find the sens. Generally with rights issues, we force all holders to take them here, even if it puts their cash into a negative. I think the same should be done in this situation.
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jaDEB

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« Reply #1479 on: September 25, 2014, 04:40:13 pm »
OCE :'(
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jaDEB

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gcr

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Re: Live chat
« Reply #1480 on: September 26, 2014, 10:26:35 am »
Agree that they should be taken up
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Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

Patrick

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« Reply #1481 on: September 26, 2014, 11:32:54 am »
What's up with the market today? I bought STXIND at R59.72 yesterday sigh!
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gcr

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Re: Live chat
« Reply #1482 on: September 26, 2014, 03:49:35 pm »
Personally I would sit on the side lines for the next few days to a week and then buy on dips - if you have spare cash. Sometime in mid October our new finance minister is going to tell us how bad the financial system is in RSA and how much the state has borrowed and also how it is going to avoid a sovereign downgrade - this unfortunately will happen and the Rand will weaken once again - why we may even see R 11.75 to R 12.00 to the dollar
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Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

Luna

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« Reply #1483 on: September 29, 2014, 09:31:02 am »
I agree
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jaDEB

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« Reply #1484 on: September 29, 2014, 03:48:18 pm »
Here we go again - Dow down .8%
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jaDEB

If it scares you, it's a sign you need to do it
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