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Author Topic: Live chat  (Read 2973768 times)

jaDEB

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« Reply #7650 on: January 06, 2020, 11:56:58 am »
SSK - Nice :)
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jaDEB

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Pilot

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Re: Live chat
« Reply #7651 on: January 08, 2020, 01:11:55 pm »
Hi Patrick

Regarding last year's challenge. I was heavily invested in LONMIN and this was my only holding before they were merged with Sibanye. On my Holdings, it showed that it had zero value, but should in fact be changed to 0.976 SGL shares for every LON share.  I had 37897 LON shares and should have been converted to 36646 SGL shares on the 10th of June 2019 (R14-63).

The price ended on 31 Dec 36646 shares @ R35-89 = R1 315 224. Plus the R700 000 in cash should change my position considerably. (Could be close to top spot)

Could you rectify this?

Thank you and regards
 
Pilot
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Patrick

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« Reply #7652 on: January 08, 2020, 04:48:41 pm »
Hi Pilot, yes you're right, I'll go back in and correct it soon. Just one note, the competition closed on the 20th December, so you'll end up with the price on that day.
« Last Edit: January 08, 2020, 04:57:09 pm by Patrick »
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Patrick

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« Reply #7653 on: January 08, 2020, 05:18:42 pm »
Done, looks like you ended up in second place, if the contest ran till year end you'd have won, but we always end the last Friday before christmas!
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Pilot

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Re: Live chat
« Reply #7654 on: January 10, 2020, 01:32:31 pm »
 :TU: Thank you Patrick for the update!
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George

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« Reply #7655 on: January 10, 2020, 09:25:13 pm »
congrats too Diesel & Dust...  may everybody except me eat your dust again this year..🤣
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floydthebarber71

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Re: Live chat
« Reply #7656 on: January 14, 2020, 10:00:09 am »
Hey guys. I'm pretty new to investing, currently threw in a bit at US stocks a couple years back and that market seems to be soaring. What is your process on selling invested stock? Do you sell off profits once a year for example, or do you sell specific stocks at specific points based on performance and outlook? The US markets are surely going to correct soon, they seem pretty overbought. But I have no "sell" plans yet, not sure what the norms are and what I should be looking to experiment with...
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jaDEB

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« Reply #7657 on: January 15, 2020, 10:10:01 am »
I sell based based on performance & Outlook. I have Amazoon & Uber. Will sell some NPN in March and buy something new. Maybe Apple. ps. I sold Tesla at 308, still crying . . .
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jaDEB

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floydthebarber71

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« Reply #7658 on: January 15, 2020, 10:45:36 am »
Ok, but is there a figure you set to take out when it is time to sell, or do you just re-invest a lot of it? I guess I'm talking about cash flow...This probably should be in a separate forum post :)
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floydthebarber71

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« Reply #7659 on: January 15, 2020, 10:52:09 am »
Yeah I stayed away from Tesla because it looked so volatile, looks like you could win or lose big there short term...I am still happy with my AMD stock, same game I guess
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jaDEB

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« Reply #7660 on: January 15, 2020, 04:20:19 pm »
No currently I sell JSE (last 4 years) and buy offshore. Stay invested, not take cash. Just move some i.e. Sold Tiensent and bought Amasoon. Sold Tesla and bought Uber. Still need a Afrikaans name for Uber.
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jaDEB

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

jaDEB

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« Reply #7661 on: January 15, 2020, 04:31:14 pm »
And I buy small amount of BTC every payday.
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jaDEB

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floydthebarber71

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« Reply #7662 on: January 16, 2020, 12:05:38 pm »
Ah ok thanks! So at no point is this supplementing your income? I don't mean to actively rely on it, just wanted to know the thought process on how you guys look at it..
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jaDEB

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« Reply #7663 on: January 20, 2020, 02:45:17 pm »
How can Steinhoff still be the most viewed share on Sharenet ? 30% Top viewed
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jaDEB

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Patrick

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« Reply #7664 on: January 20, 2020, 03:44:27 pm »
It takes so many views to see the numbers properly from behind the tears
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