Author Topic: Live chat  (Read 2948752 times)

Bread

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Re: Live chat
« Reply #7500 on: May 29, 2019, 07:24:44 am »
The Ront appears to be in an extended inverted head and shoulders with the possibility that it'll weaken back up to the 15.40 mark by or about the end of July and then strengthening down to or below the 13.63 level by the end of September or October. But I'm usually wrong about these things  :question:

Bevan

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Re: Live chat
« Reply #7501 on: June 03, 2019, 09:34:10 am »
ZAR is crosscurrent i.e. short term strength against medium term weakening. Expect choppy, sideways action (wind blowing against current in ocean) until we revert to concurrent weakening again (to ride big swells), probably later in week. Fundamentally, emerging markets to weaken against bleak global risk-off sentiment.
Audi, vide, tace, si vis vivere in pace. Pax vobiscum.
Happiness belongs to the self-sufficient - https://www.thrivecentre.co.za

George

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« Reply #7502 on: June 03, 2019, 12:23:27 pm »
in the challenge we pay taxes and transaction fees, but we don't earn daily interest on uninvested cash , i`d like to see daily interest income introduced since USstocks seem to be starting a possible  longterm downtrend.

Patrick

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« Reply #7503 on: June 03, 2019, 02:00:21 pm »
Hmm, good point George. Anyone know what ABSA and EE pays in interest? I could implement it, but it would probably be fairer to do it from next year.

rietrot

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« Reply #7504 on: June 05, 2019, 07:53:24 am »
Anybody have an idea about what's happening at Goldfields?

rietrot

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« Reply #7505 on: June 05, 2019, 10:48:42 am »
York Timbers  YRK doesn't appear on the list of shares you can buy in the challenge .

Orca

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Re: Live chat
« Reply #7506 on: June 05, 2019, 11:47:42 am »
YRK is a penny stock and too few trades per day.
« Last Edit: June 05, 2019, 11:50:35 am by Orca »
I started here with nothing and still have most of it left.

Bevan

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Re: Live chat
« Reply #7507 on: June 07, 2019, 10:21:22 am »
...until we revert to concurrent weakening again (to ride big swells), probably later in week....

We are in strong concurrent weakening on the Rand, now targeting 16 to USD by end June. However, for now we are quite overbought (i.e. USD) and Rand pushing outside the elastic bands (Bollingers), thus expect a little contraction and sideways, choppy price action. Especially as momentum (the wind) starts moving against signal and trend (the current). This will form the typical bull flag pattern, whilst momentum catches its breath. Following the bull flag, I expect further weakening to the expected 16 level.
Audi, vide, tace, si vis vivere in pace. Pax vobiscum.
Happiness belongs to the self-sufficient - https://www.thrivecentre.co.za

George

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« Reply #7508 on: June 10, 2019, 09:23:06 pm »
is vodacom a good investment?

Mr_Dividend

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« Reply #7509 on: June 13, 2019, 08:58:33 am »
Capital growth, no. Dividends yes. Bit pricey @ 120 on a pe of 14. Better would be around 80-90

gcr

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Re: Live chat
« Reply #7510 on: June 13, 2019, 10:02:27 am »
Vodacom is a dog have held shares for in excess of 18 months and have managed to make a profit of R 2,000 on an investment of R 125,000 - would have been better served with a 32 day account with a bank.
Also as a service provider they are very tardy in following explicit instructions and keep sending "special announcement messages" and how much data I have used and can't explain what consumed the data
Pretty ordinary company
Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

George

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« Reply #7511 on: June 13, 2019, 10:24:20 am »
oh, well. i got lots still to learn about making proper investments. you guys are cool. thanks

Bread

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Re: Live chat
« Reply #7512 on: June 13, 2019, 04:03:55 pm »
Thanks, Bevan.

gcr

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Re: Live chat
« Reply #7513 on: June 14, 2019, 04:54:17 pm »
I see today Vodacom has issued a whole bucket load of forfeitable shares to a number of "executives" and whats more they have been issued at R 117.3259 per share on 14th June - current price R 125.75 and the lowest price I have for the day is R 125.38 - so how did Vodacom acquire these shares - certainly not on the open market. Seems like the "executives" got their shares at a discount to market prices. My understanding is that if the market doesn't move to the higher side then the "executives" suffer no hardship, also at its present price all these people are in the money.
If I look at the companies histogram on prices they have dropped from R 183.09 July 2017 to current levels - hence my comment the other day that the share is a dog - to my mind the company executives are milking the business and robbing their subscribers
Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

Bread

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Re: Live chat
« Reply #7514 on: June 20, 2019, 12:46:50 pm »
Would've bought NepiRock NRP in the Investor Challenger but SOMEONE has chosen to NOT make it available.