Author Topic: Live chat  (Read 2928159 times)

Moneypenny

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« Reply #540 on: March 06, 2014, 08:22:40 am »
Hallo jaDEB

Motown Capital

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« Reply #541 on: March 06, 2014, 12:21:58 pm »
I wonder how load shedding will affect share movements...? Will miners be affected due to the possibility of production loss? But I'm guessing most companies have generators now, after 2008.

Orca

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« Reply #542 on: March 06, 2014, 12:51:13 pm »
Mines and other big companies are not swiched off. They have to cut back 10% usage.
I started here with nothing and still have most of it left.

jaDEB

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« Reply #543 on: March 06, 2014, 12:51:29 pm »
No I think Eishkom only release it when they want an increase in their prices
jaDEB

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Motown Capital

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« Reply #544 on: March 06, 2014, 12:55:50 pm »
Do you think commodity prices will be affected still, even though the mines are not switched off (international perception)?

Hstig

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« Reply #545 on: March 06, 2014, 12:59:56 pm »
why after selling does the ave. include previous shares sold?

Hstig

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« Reply #546 on: March 06, 2014, 01:01:09 pm »
Cause if I buy again, the ave price includes the price of the sold shares when calcing ave?

Hstig

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« Reply #547 on: March 06, 2014, 01:02:12 pm »
this is skewing my tactic of selling up and buying down, as the percentage gain is not accurate

Moneypenny

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« Reply #548 on: March 06, 2014, 01:02:29 pm »
Power just went off, so much for schedule, guess 1-2hrs?

Patrick

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« Reply #549 on: March 06, 2014, 02:06:00 pm »
@Hstig, could you give me something to base the calculations on? Shouldn't the ave buy price not be affected by sales? Anyone else know? Even so, the%gain or loss doesn't affect your standing, only your current holdings, cash on hand and tax owed do.

Hstig

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« Reply #550 on: March 06, 2014, 02:12:21 pm »
@Hstig, could you give me something to base the calculations on? Shouldn't the ave buy price not be affected by sales? Anyone else know? Even so, the%gain or loss doesn't affect your standing, only your current holdings, cash on hand and tax owed do.
I have just bought 1 Telkom share. According to how understand, the cost should now be R33.00 per share, as I have sold all my previous holdings, effectively rebasing my gains/losses, but on my holdings, It now shows the average price of R30.78 and 7.21% growth. This should show 0% growth and average price of R33.00, as after having sold all my holdings in Telkom, I am coming in at a new base

Mofokeng

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« Reply #551 on: March 06, 2014, 02:14:22 pm »
CRD

Patrick

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« Reply #552 on: March 06, 2014, 02:19:10 pm »
good point, now how to put that into a calculation? What if you'd only sold half... head scratch...

Hstig

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« Reply #553 on: March 06, 2014, 02:23:37 pm »
Selling a portion brings a weighted cost into play instead of average cost i.e
10 Telkom shares @ R30.78
Sell 3 at X price leaving 7
Purchase 3 new @ R33
then gives 3/10X R33 +7/10x R30.78 = R9.9+R21.54 = R31.44
How to keep track of which shares at which value is what I am unsure of

Patrick

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« Reply #554 on: March 06, 2014, 02:39:48 pm »
Maybe I should still use the sell numbers, but not the sell values when calculating averages... I'll run some trials...