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Shares / Re: Small Cap Picks
« on: April 18, 2020, 10:32:05 pm »
Thanks grc - good to know I've got company!
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Shares / Re: Small Cap Picks
« on: April 18, 2020, 10:09:31 pm »
Hi all
Any thoughts on COMAIR?
With their fleet grounded due to COVID it is obviously not a great time, but with SAA likely liquidation and very low oil prices is this not a good long term value pick*?
They have also derecognised the legal claim from SAA so that has washed through. They are changing technical servicing to Lufthansa from SAA which they expected to result in double costs for at least a year...but if SAA is liquidated that additional cost may fall away. My only concern is their cash position which could be larger.
*I have a long position in COMAIR but just interested in other opinions.
Any thoughts on COMAIR?
With their fleet grounded due to COVID it is obviously not a great time, but with SAA likely liquidation and very low oil prices is this not a good long term value pick*?
They have also derecognised the legal claim from SAA so that has washed through. They are changing technical servicing to Lufthansa from SAA which they expected to result in double costs for at least a year...but if SAA is liquidated that additional cost may fall away. My only concern is their cash position which could be larger.
*I have a long position in COMAIR but just interested in other opinions.
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Shares / Re: Offshore broke4s
« on: September 30, 2018, 06:25:15 pm »
Just read through this thread and seems to give some answers - thanks Patrick.
https://shareforum.co.za/shares/us-shares-for-those-with-ee-accounts/30/
https://shareforum.co.za/shares/us-shares-for-those-with-ee-accounts/30/
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Shares / Re: Offshore broke4s
« on: September 30, 2018, 05:54:07 pm »
Hi francismichael
I am in the same boat. I am a saffa based in Austria. Opened an Ireland (so its in english and to avoid BREXIT issues) based DeGiro Custody account. So far done one EUR1000 VWRL purchase which I am happy with.
I am however now nervous to increase my holdings due to estate issues.
@Patrick, I would be interested to know how you have set up a will in foreign countries. Do you use a South African based lawyer? And as francismichael mentions, do you need the will in the country of your DeGiro account or where the company is domiciled? Your input would be great
Thanks for the great blog and putting your thoughts out there, I enjoy following it!
I am in the same boat. I am a saffa based in Austria. Opened an Ireland (so its in english and to avoid BREXIT issues) based DeGiro Custody account. So far done one EUR1000 VWRL purchase which I am happy with.
I am however now nervous to increase my holdings due to estate issues.
@Patrick, I would be interested to know how you have set up a will in foreign countries. Do you use a South African based lawyer? And as francismichael mentions, do you need the will in the country of your DeGiro account or where the company is domiciled? Your input would be great
Thanks for the great blog and putting your thoughts out there, I enjoy following it!
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