Author Topic: Live chat  (Read 2978211 times)

Fanus

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« Reply #3000 on: December 11, 2015, 12:23:51 pm »
@chang9015 Don't sell. The waterfront still exists. The banks still run. Sanral is still not collecting tolls. I would venture 90% of SA citizends don't even know what happened (stock wise). They will still rent, buy, spend and eat the same they did yesterday and the day before.  Just a year or two and the divvies will start roling in again

czc

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« Reply #3001 on: December 11, 2015, 12:30:40 pm »
I learnt my lesson buying on the way down with Aspen, will wait it out this time.

chang9015

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« Reply #3002 on: December 11, 2015, 12:37:57 pm »
@Fanus I suppose your right, but macro economics work differently, unless your holdings made you +25% this year, you're actually going backwards in dollar terms, our bond yields increased by 25% since Nene got removed. you're right in saying people will still rent, buy and spend, but it'll cost everyone that much more, expect SARB to increase interest rates by 50-100bps come january if this debacle isn't controlled.
« Last Edit: December 11, 2015, 12:43:13 pm by chang9015 »

chang9015

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« Reply #3003 on: December 11, 2015, 12:38:53 pm »
and, if we do go to junk status.... SA inc are not the holdings you want to be in....

Fanus

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« Reply #3004 on: December 11, 2015, 12:48:12 pm »
Yeah, I know our costs are spiralling upwards... but cheer up. Gold is accepted in most countries :) Just don't head for Europe. They seem a bit full these days

Fanus

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« Reply #3005 on: December 11, 2015, 12:55:27 pm »
SAB is really busting a move right now

chang9015

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« Reply #3006 on: December 11, 2015, 12:57:03 pm »
people who were shorting gold must've had a good laugh hahah

marguerittereed

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« Reply #3007 on: December 11, 2015, 01:23:54 pm »
The fall in stocks.. reminds me of the last week of the Sanlamitrade competition..

Patrick

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« Reply #3008 on: December 11, 2015, 04:28:17 pm »
I wonder if any of JZ's family or friends have made an absolute fortune shorting shares in the last week... The Gupta's are smart enough to, and were most likely consulted before hand...
« Last Edit: December 11, 2015, 04:31:22 pm by Patrick »

gcr

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Re: Live chat
« Reply #3009 on: December 14, 2015, 12:11:15 am »
So Pravin is back as Finance minister - lets see whether he heads off the dudu
Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

Orca

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Re: Live chat
« Reply #3010 on: December 14, 2015, 12:15:45 am »
I knew something had to happen this week end and it did. Zuma had no other option.
I started here with nothing and still have most of it left.

Fawkes85

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« Reply #3011 on: December 14, 2015, 07:16:14 am »
Zuma blinked. That is a good sign. He has finally realised he is not untouchable.

jaDEB

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« Reply #3012 on: December 14, 2015, 07:28:29 am »
I have no idea what the JSE going to do at open...
jaDEB

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Fawkes85

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« Reply #3013 on: December 14, 2015, 07:35:43 am »
Well the Rand went up by 6% after the announcement so that is a good sign.

Patrick

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« Reply #3014 on: December 14, 2015, 07:41:30 am »
Did anyone have the balls to go long on banking stocks last week?