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Author Topic: Live chat  (Read 2975451 times)

jaDEB

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« Reply #2115 on: May 15, 2015, 08:45:03 am »
OCE also Results & Cautionary :)
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jaDEB

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

jaDEB

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« Reply #2116 on: May 15, 2015, 09:42:51 am »
OCE :'(
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jaDEB

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Datura

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« Reply #2117 on: May 15, 2015, 10:00:35 am »
My OCE just died :(
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Patrick

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« Reply #2118 on: May 15, 2015, 10:10:13 am »
Anyone know a good accountant? In jhb perhaps if possible. A collegue is leaving SA and needs to make sure her tax etc is in shape.
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Moneypenny

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Re: Live chat
« Reply #2119 on: May 15, 2015, 10:41:54 am »
Charl is our guy and has been for years, very proficient, in Pretoria though.

Charl Mocke & Vennote
Midas Ave 17
Olympus, Pretoria
Email: [email protected]
Tel: 0861 268 268 / 012 991 4400
Fax: 0861 268 329 / 012 991 3001

http://prsync.com/cmv-group/cmv-group-one-stop-solution-for-accounting-in-pretoria-gauteng-625606/
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Patrick

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« Reply #2120 on: May 15, 2015, 10:59:28 am »
Thanks
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Orca

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Re: Live chat
« Reply #2121 on: May 15, 2015, 12:33:53 pm »
Hugo van Zyl. SA's top cross border tax CA and lecturer to SARS staff. The mere mention of his name to SARS gets them running. Very approachable and down to earth guy. Saved me plenty money for free.
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I started here with nothing and still have most of it left.

jaDEB

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« Reply #2122 on: May 15, 2015, 12:59:20 pm »
@ Datura - OCE real life or competition
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jaDEB

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Patrick

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« Reply #2123 on: May 15, 2015, 01:06:43 pm »
Thanks Orca
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Datura

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« Reply #2124 on: May 15, 2015, 01:25:35 pm »
Comp
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Bloodburner9000

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« Reply #2125 on: May 15, 2015, 04:11:17 pm »
I am beginning to think that the only way to do well in this compitition is to limit ones entire shareholding to a few (3) shares. Having good diversification will only ensure that one is not last on the leaderboard, and definitely not first.
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Patrick

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« Reply #2126 on: May 15, 2015, 05:17:13 pm »
Very true blood burner. Like in real life, higher risk can bring higher reward. Not sure I'd want to put all my real life money into so few shares though.l
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gcr

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Re: Live chat
« Reply #2127 on: May 15, 2015, 06:44:41 pm »
I don't know how many people read through the sens notifications out of the JSE daily - I tend to read extensively.
Ryan Otto of Ellies has taken many zero cost collars and many of them have ended up with what I think is a cost to him as the strike price and the execution price are a mismatch. Not sure how he is paying off these losses but I see many of these zero cost collars were "pursuant to a pledge and securities loan arrangement" Do we have a bright spark on this forum who can explain these zero cost collars and whether this Otto fellow is taking a bath or not. Also see that he holds some 8.57% of the companies shares Elli Salkow (the original owner now chairman) hold 29.27% and Mazi Capital - some obscure investment house hold 17.79% of Ellies
Anybody capable of throwing some light on this operation - I used to hold Ellies but got out when they were just over R 3.50 and now they are languishing at 97 cents
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Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

Mr_Dividend

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Re: Live chat
« Reply #2128 on: May 16, 2015, 09:57:33 pm »
Quote from: Patrick on May 15, 2015, 05:17:13 pm
Very true blood burner. Like in real life, higher risk can bring higher reward. Not sure I'd want to put all my real life money into so few shares though.l

I am sure rules have been debated - and maybe the way you have it is best. I would be interested to see what the portfolios would be if you where not allowed to spend more than 20% of your total holdings on 1 share. I very quickly fell into the hold one share for big gains bucket - not that it worked for me, I'll be happy now just finishing in the 100's and getting out the 200's.

But then we might debate a person buying 5 junior coal miners and if that was realistic for an investment club - there will always be something!

Have found it very interesting - esp the way the ETF's perform. And kudo's on the programming - I am sure you command top dollar!
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Moneypenny

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« Reply #2129 on: May 17, 2015, 08:36:26 pm »
Tsk, tsk. Et tu Brute?
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