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Morning

Quote from: Moonraker on June 14, 2016, 04:36:57 pm

@gcr ANC stuff playing second fiddle to Brexit. Have you checked the world markets ?

FTSE 100 has run a range of 5862 Feb 16th to 6044 per June 13th so no real massive changes it is a drop since June 7th when it was 6284 - so not convinced Brexit is having a substantial effect on our market

At loggerheads again I see. No, the decline in our market as well as in markets worldwide over the past couple of weeks, is attributable practically solely to Brexit fears as a result of several polls putting the leave camp ahead. Fear of the chaos that could result is best illustrated by this Bloomberg article http://www.bloomberg.com/news/articles/2016-06-13/eu-referendum-the-first-100-days-of-brexit
European markets have in many cases declined by more than our market - witness the nearly 9% decline of the STOXX50 since May 21st. in the attached chart.
So, ANC stuff for a change, IS playing second fiddle to Brexit.
Funny nobody here seems worried about a possible Brexit and the consequences. I hope it will not occur.
Brexit has contributed to a strong risk-off situation worldwide, our market follows EU and US markets etc. etc.

Quote from: gcr on June 14, 2016, 06:22:37 pm

Quote from: Moonraker on June 14, 2016, 04:36:57 pm

@gcr ANC stuff playing second fiddle to Brexit. Have you checked the world markets ?

FTSE 100 has run a range of 5862 Feb 16th to 6044 per June 13th so no real massive changes it is a drop since June 7th when it was 6284 - so not convinced Brexit is having a substantial effect on our market

At loggerheads again I see. No, the decline in our market as well as in markets worldwide over the past couple of weeks, is attributable practically solely to Brexit fears as a result of several polls putting the leave camp ahead. Fear of the chaos that could result is best illustrated by this Bloomberg article http://www.bloomberg.com/news/articles/2016-06-13/eu-referendum-the-first-100-days-of-brexit
European markets have in many cases declined by more than our market - witness the nearly 9% decline of the STOXX50 since May 21st. in the attached chart.
So, ANC stuff for a change, IS playing second fiddle to Brexit.
Funny nobody here seems worried about a possible Brexit and the consequences. I hope it will not occur.
Brexit has contributed to a strong risk-off situation worldwide, our market follows EU and US markets etc. etc.

Moon - Not at loggerheads - just a view which seems diametrically opposed to yours - so don't take umbrage when others have a different view or don't subscribe to your views, after all this is a forum for expressing opinions. Also not everybody expresses opinions on this forum so your statement "Funny nobody .......... consequences" seems somewhat dismissive of peoples views on Brexit
So let's both suck it up and move on as it is obvious we differing views of local and external markets   

What happened at Oakbay share seems to have dropped by some R 20.86 to R 2.14 - that's a significant correction

Moon - Not at loggerheads - just a view which seems diametrically opposed to yours - so don't take umbrage when others have a different view or don't subscribe to your views, after all this is a forum for expressing opinions. Also not everybody expresses opinions on this forum so your statement "Funny nobody .......... consequences" seems somewhat dismissive of peoples views on Brexit
So let's both suck it up and move on as it is obvious we differing views of local and external markets

Haven't taken 'umbrage'. Was I rude or nasty ? Merely expressed my opinion and don't care who agrees or disagrees. Food for thought for the forum members that's all, besides it adds spice to a discussion if not everyone has the same view point me thinks. Seems that only Orca has realised the consequences of a Brexit. Where are the people in this forum whose views on Brexit I am supposed to be dismissive of ? If I am getting on everyone's t**s maybe this is my last post here.

Wow that's quite a spread!

buyers @ R4.02