Author Topic: Live chat  (Read 2926272 times)

Orca

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Re: Live chat
« Reply #7320 on: November 09, 2018, 12:19:58 pm »
It is quite normal for profit taking to happen after a short bull run.
I started here with nothing and still have most of it left.

gcr

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Re: Live chat
« Reply #7321 on: November 09, 2018, 02:40:21 pm »
Oversix - I have recorded ALSI and T40 highs (not daily just when they have achieved highs) the current ALSI was sitting 52310.70 and the T40 47115.55 and these were the new highs on 29/07/2014 - so if related to todays values we have experienced a significant pull back already, so we would need a significant event to destruct our bourse - what is that event likely to be, I have no idea but the politicians have been pretty good at destroying wealth in this country. I think the event may only come next year when Cyril the squirrel gets in but with a reduced a majority and we see some prosecutions of a number of politicians and get some money back for the taxpayers - jail would be a good alternative as a disincentive for other politicians   
Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

Bevan

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Re: Live chat
« Reply #7322 on: November 10, 2018, 08:46:42 am »
Top 40 is heading for a crash setup

Doubt it. Market already quite oversold and recent profit-taking hasn't even hit the 50% retracement level of last week's move. Medium term momentum is going into positive territory. So not exactly boom or bust, better to sit on interest-earning liquid bonds for now.

But watch Nassim Taleb on youtube about how the system is more fragile now than in 2007 going into GFC. Couldn't agree with him more. All that QE has found its way into the market. Household debt has become corporate and government debt now, and interest rates are starting to push up fast around the world. No nation in history has even been able to handle an excessive debt bubble and the US is not immune, even though they have the world's reserve currency. The GFC led to an excessive widening between rich and poor as the rich milked the system on easy money. Expect a levelling pretty soon with property (especially high-end) coming in for some of the earliest and biggest knocks. Then the markets will of course bleed. What we've seen so far is just early jitters from the professional community. But the dumb money and tracker funds have all kept investing, keeping a bottom under the market.

The global crash is coming although it's impossible to tell when. Meanwhile, best to keep watching momentum for those early signals....
Audi, vide, tace, si vis vivere in pace. Pax vobiscum.
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jaDEB

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« Reply #7323 on: November 14, 2018, 07:42:13 am »
Tiensent out wiff results today. Nervous
jaDEB

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jaDEB

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« Reply #7324 on: November 14, 2018, 03:48:13 pm »
:)
jaDEB

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yozzi

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Re: Live chat
« Reply #7326 on: November 18, 2018, 08:08:19 pm »
It is quite normal for profit taking to happen after a short bull run.

Orca, are you still invested in CML?

Is it a buy at the present price and what's the outlook?

Orca

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Re: Live chat
« Reply #7327 on: November 19, 2018, 10:25:52 am »
No yozzi. I make a point of not looking at stocks I have sold. I sold at around R87.00 and have no wish to know the price now.
I started here with nothing and still have most of it left.

yozzi

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Re: Live chat
« Reply #7328 on: November 20, 2018, 10:58:25 am »
No yozzi. I make a point of not looking at stocks I have sold. I sold at around R87.00 and have no wish to know the price now.

Good decision to sell Orca, it's half that price now!

jaDEB

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« Reply #7329 on: November 20, 2018, 04:29:15 pm »
ohh lovely !!!! %$#@#
jaDEB

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Orca

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Re: Live chat
« Reply #7330 on: November 20, 2018, 08:57:09 pm »
Seems we have broken below the end Oct support level so a double bottom may be in the pipeline. With the zar drop plus the ALSI drop, it adds to about 4% today. This is bad.
I started here with nothing and still have most of it left.

gcr

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Re: Live chat
« Reply #7331 on: November 22, 2018, 10:14:31 am »
Hi Patrick - Imperial have split out Motus out of the holding company today, are you looking to effect the split on the challenge board over the next couple of days? I hold Imperial so is somewhat of a self interest matter
Ta
Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

Patrick

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« Reply #7332 on: November 23, 2018, 08:34:18 am »
Looking at the sens now. Tell me if this is right. There's a name change from holdings to logistics, but the share code stays IPL right? And then for each IPL you hold you get 1 MTH, but what I can't figure out, is when you need to be holding the shares to get that, what is the cutoff date?

gcr

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Re: Live chat
« Reply #7333 on: November 23, 2018, 04:46:07 pm »
Hi Patrick - the split was effected on Thursday (yesterday). You are right for each Imperial share (IPL) you got 1 Motus (MTH) share. There was a sens announcement 17/9/2018 regarding the unbundling of Motus - according to the same sens last day to trade to be eligible fot participate in the unbundling 21st November 2018

Hope that helps
Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

Patrick

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« Reply #7334 on: November 26, 2018, 09:52:35 am »
Graham, you were the only person holding imperial, so I added the motus shares for you manually. Could you double check that all is in order.