61
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62
Off topic / Re: Live chat
« on: January 15, 2014, 10:37:06 am »still chatting awayShould we join the conversation?
63
Shares / Re: Today's Outlook
« on: January 15, 2014, 08:29:48 am »
Despite strong gains in gold mining shares, the JSE All Share had slipped 0.10% by end of day on Tuesday. The rand continued to weaken, trading at R10.83 to the US dollar and R17.75 to the British pound as investors were concerned about the economic outlook for SA. Gold had fallen 0.14% to sell at $1251.50 an ounce, while Brent crude oil had also dipped 0.63% to $106.57 a barrel.
Huge Group (HUG) was the top gainer on Tuesday as shares rose 16.28% to R0.50 after 58 deals traded 1,328,100 shares. Runner up was Oando (OAO) which climbed to R1.72 after 377,072 shares were exchanged in 38 deals, a boost of 10.97% in share price. After investors sold 17,000 shares in 1 deal, Stratcorp (STA) slid 83.33% to R0.01 a share to become the top mover downwards. African Eagle Resources (AEA) lost 20% to take second place after 3 deals traded 40,050 shares, resulting in a share price of R0.04.
New Highs - Naspers, Capco, Glencor, FMBrands and Steinhof.
Dow +0.7%, FTSE +0.1%, DAX +0.3%, HangSeng +0.5%, +2.3%, AllOrds +0.8% - So all green - perhaps we'll follow.
USD 10.93, EUR 14.90, GBP 17.95, Yen 9.64. If the ZAR continues it's slide to 11.00 against USD, we should see some positive movement in Naspers, Steinhof, SAB and others.
Brent 107.04, Gold 1240.91, Plat 1427.25, Silver 20.15
F&G - 71 (Greed) [Yesterday 61, Last week 67, Last Month 38]
Huge Group (HUG) was the top gainer on Tuesday as shares rose 16.28% to R0.50 after 58 deals traded 1,328,100 shares. Runner up was Oando (OAO) which climbed to R1.72 after 377,072 shares were exchanged in 38 deals, a boost of 10.97% in share price. After investors sold 17,000 shares in 1 deal, Stratcorp (STA) slid 83.33% to R0.01 a share to become the top mover downwards. African Eagle Resources (AEA) lost 20% to take second place after 3 deals traded 40,050 shares, resulting in a share price of R0.04.
New Highs - Naspers, Capco, Glencor, FMBrands and Steinhof.
Dow +0.7%, FTSE +0.1%, DAX +0.3%, HangSeng +0.5%, +2.3%, AllOrds +0.8% - So all green - perhaps we'll follow.
USD 10.93, EUR 14.90, GBP 17.95, Yen 9.64. If the ZAR continues it's slide to 11.00 against USD, we should see some positive movement in Naspers, Steinhof, SAB and others.
Brent 107.04, Gold 1240.91, Plat 1427.25, Silver 20.15
F&G - 71 (Greed) [Yesterday 61, Last week 67, Last Month 38]
64
Shares / Re: Today's Outlook
« on: January 10, 2014, 08:54:51 am »
Share prices bucked the global trend to drop for a fifth day running on Thursday as global investors shifted out of emerging markets and into the recuperating West. Impala Platinum was the biggest loser on the All-Share index after sliding more than 6 percent to 118.01 rand with investors unnerved by Zimbabwe's demand for local refining of the precious metal. Bigger platinum producer Anglo American shed 2.4 percent to 372.07 rand.
The Top-40 index declined 0.59 percent to 40,719.11, while the All-Share was down 0.55 percent to 45,444.59.
Equities scaled multiple lifetime records for much of 2013 as the U.S. Federal Reserve bond-buying policy encouraged investors to seek risky assets in less-developed markets. But the Fed is reducing that stimulus package and upbeat jobs data earlier this week has increased expectations the scaling back might be more aggressive than anticipated.
European stocks extended a rally into a third day on Thursday, betting on further economic improvements in the bloc, while U.S. shares rose at the open on upbeat labour market data. Johannesburg's market volume is remains low with some traders and investors still away. Some 148 million shares were traded with decliners outpacing advancers 171 to 150.
Dow -0.1%, FTSE -0.5%, Dax -0.8%, HSeng +0.4%, Nikkei -0.1%, AllOrds -0.2%
Gold 1235.08, Plat 1426.10, Silver 19.73, Brent 107.53
USD 10.80, GBP 17.88, EUR 14.77, Yen 9.76
F&G = 68 (Greed)
New Highs for Advtech, Distell, Capco, Investec PLC, Old Mutual, Telcom, Glencor (yeah JaDEB), new lows for Massmart, Truworths, Shoprite and Foschini.
The Top-40 index declined 0.59 percent to 40,719.11, while the All-Share was down 0.55 percent to 45,444.59.
Equities scaled multiple lifetime records for much of 2013 as the U.S. Federal Reserve bond-buying policy encouraged investors to seek risky assets in less-developed markets. But the Fed is reducing that stimulus package and upbeat jobs data earlier this week has increased expectations the scaling back might be more aggressive than anticipated.
European stocks extended a rally into a third day on Thursday, betting on further economic improvements in the bloc, while U.S. shares rose at the open on upbeat labour market data. Johannesburg's market volume is remains low with some traders and investors still away. Some 148 million shares were traded with decliners outpacing advancers 171 to 150.
Dow -0.1%, FTSE -0.5%, Dax -0.8%, HSeng +0.4%, Nikkei -0.1%, AllOrds -0.2%
Gold 1235.08, Plat 1426.10, Silver 19.73, Brent 107.53
USD 10.80, GBP 17.88, EUR 14.77, Yen 9.76
F&G = 68 (Greed)
New Highs for Advtech, Distell, Capco, Investec PLC, Old Mutual, Telcom, Glencor (yeah JaDEB), new lows for Massmart, Truworths, Shoprite and Foschini.
65
The Investor Challenge / Re: How to identify frequently traded shares
« on: January 08, 2014, 03:38:38 pm »That would be a good start, ideally I need trade frequency. Shares that are traded continuously throughout the day can't be manipulated as easily as a share that sits at either the buy or sell price for very long.
CRD for example is too stagnant and has an extremely large spread.
Sent you a PM with a list of shares for scrutiny. See if it helps.
66
The Investor Challenge / Re: How to identify frequently traded shares
« on: January 08, 2014, 03:17:57 pm »
Patrick
I can provide you with lists of shares who's average daily deals, value or volume (over 52 weeks) is less than a certain amount. Not sure what deal count, value or volume should be applied though - 'cause NPN 1000 shares (low volume) is over R 1 mill (high value) even with just 2 deals (low count), when comparing to others.
Let me know if I can assist here
I can provide you with lists of shares who's average daily deals, value or volume (over 52 weeks) is less than a certain amount. Not sure what deal count, value or volume should be applied though - 'cause NPN 1000 shares (low volume) is over R 1 mill (high value) even with just 2 deals (low count), when comparing to others.
Let me know if I can assist here
67
Shares / Re: My retirement blog.
« on: December 18, 2013, 08:24:25 am »
It's Xmas at the Cape - Everyone trying to rip off the Tourists and visitors as well as their own kind.......
Happens every year around this time. You should have stocked up in Nov to carry you through to mid/end Jan.
Happens every year around this time. You should have stocked up in Nov to carry you through to mid/end Jan.
68
The Investor Challenge / Re: investor challenge
« on: December 17, 2013, 12:42:10 pm »
CVN - CONVERGENET HOLDINGS LIMITED
10:1 Share consolidation on 13th December
10:1 Share consolidation on 13th December
69
Shares / Re: Gold & Gold Shares
« on: December 13, 2013, 11:13:39 am »Aggg damit, now I have see what the bitcoins is about.....There are entertaining debates on the go at the moment around if Bitcoin is a Ponzi scheme or not., where do you buy it. Is it the same as my XP points I get on my battlefield 4?
Here are two opposing points of view:
http://www.garynorth.com/public/11828.cfm
http://www.reddit.com/r/Bitcoin/comments/1rxmk3/my_open_letter_to_peter_schiff_followup_from_the/?utm_source=buffer&utm_campaign=Buffer&utm_content=buffer501c6&utm_medium=twitter
70
Shares / Re: Today's Outlook
« on: December 13, 2013, 08:25:06 am »
Blood spilled onto more than just the streets yesterday. Stocks slide, gold shares hammered in global sell-off.
Stocks suffered their biggest daily drop in almost six months on Thursday, led by gold firms like AngloGold Ashanti as global equities fell on speculation the U.S. Federal Reserve may start trimming stimulus next week. Shares of bullion producers were hammered as the prospect of Fed tapering increased global risk aversion. Johannesburg's Gold Mining Index, which has lost over half its value this year, shed 6.50 percent to 1,028.00 as spot gold fell over 2 percent. AngloGold was the biggest decliner on the Top-40, tumbling over 7 percent to 122.50 rand, though charts suggest it is moving into oversold territory. Rival Gold Fields sank over 6 percent.
The Top-40 index ended the session 2.92 percent lower at 38,575.26, while the wider All-share index fell 2.67 percent. For both indices it was biggest daily percentage decline since June 20. Decliners outnumbered advancers 225 to 73 with 41 issues unchanged. Trade was fairly brisk with almost 220 million shares changing hands.
Britain's FTSE 100 fell on Thursday, heading for its longest run of weekly drops since 2008. U.S. stocks fell for a third day amid uncertainty over how soon the Federal Reserve will trim its market-friendly stimulus program. European stocks extended a two-week selloff as investors booked profits. The dollar rose and global equity markets slipped to a one-month low on Thursday after stronger-than-expected U.S. retail sales data.
New Highs - You're joking right..... New Lows for Goldfield, Harmony, SunInt, TigerBrands, Massmart.
FTSE -0.96%, Nikkei +0.82%, Gold 1227.50, Silver 19.36, Rand/Dollar 10.41, Rand/Pound 16.99
F & G = 43 (Fear)
Edit: - Off on Hols at the end of today, but will check in on the forum every now and so often. Happy trading and happy holidays to all. Catch you again in the New Year.
Stocks suffered their biggest daily drop in almost six months on Thursday, led by gold firms like AngloGold Ashanti as global equities fell on speculation the U.S. Federal Reserve may start trimming stimulus next week. Shares of bullion producers were hammered as the prospect of Fed tapering increased global risk aversion. Johannesburg's Gold Mining Index, which has lost over half its value this year, shed 6.50 percent to 1,028.00 as spot gold fell over 2 percent. AngloGold was the biggest decliner on the Top-40, tumbling over 7 percent to 122.50 rand, though charts suggest it is moving into oversold territory. Rival Gold Fields sank over 6 percent.
The Top-40 index ended the session 2.92 percent lower at 38,575.26, while the wider All-share index fell 2.67 percent. For both indices it was biggest daily percentage decline since June 20. Decliners outnumbered advancers 225 to 73 with 41 issues unchanged. Trade was fairly brisk with almost 220 million shares changing hands.
Britain's FTSE 100 fell on Thursday, heading for its longest run of weekly drops since 2008. U.S. stocks fell for a third day amid uncertainty over how soon the Federal Reserve will trim its market-friendly stimulus program. European stocks extended a two-week selloff as investors booked profits. The dollar rose and global equity markets slipped to a one-month low on Thursday after stronger-than-expected U.S. retail sales data.
New Highs - You're joking right..... New Lows for Goldfield, Harmony, SunInt, TigerBrands, Massmart.
FTSE -0.96%, Nikkei +0.82%, Gold 1227.50, Silver 19.36, Rand/Dollar 10.41, Rand/Pound 16.99
F & G = 43 (Fear)
Edit: - Off on Hols at the end of today, but will check in on the forum every now and so often. Happy trading and happy holidays to all. Catch you again in the New Year.
71
Shares / Re: Stock Picks 2014
« on: December 12, 2013, 10:12:45 am »
Some interesting choices on the list.
What would your top 5 picks for 2014 be? I guess we'll see by the investments made in next year's comp.
What would your top 5 picks for 2014 be? I guess we'll see by the investments made in next year's comp.
72
Shares / Re: Today's Outlook
« on: December 12, 2013, 08:37:07 am »
The rand was on a weaker footing on Wednesday as slightly better-than-expected retail sales data failed to make an impression. The rand was at 10.3835 to the dollar at 1511 GMT, down nearly 0.3 percent from the previous day's New York close. South Africa's retail sales grew at 1.3 percent year-on-year in October, from a revised 0.1 percent in September, Statistics South Africa said on Wednesday. Economists polled by Reuters had forecast year-on-year growth of 1.2 percent. The data suggests that household spending could remain a drag on growth in the fourth quarter.
Gold prices fell on Wednesday after a three-day rally driven by investors short-covering, as a tentative U.S. budget deal supported expectations for an earlier reduction in U.S. monetary stimulus. The bipartisan budget deal announced in the U.S. Congress on Tuesday is expected to end three years of impasse and fiscal instability in Washington that culminated in October with a partial government shutdown.
Stocks fell for a second straight session on Wednesday, with trading volumes starting to thin out ahead of the Christmas holidays. But shares of junior gold producer Wits Gold soared 30.49 percent to 10.70 rand after Sibanye Gold made a cash offer to acquire all of its shares.
The Top-40 index was down 0.5 percent to 39,736.78. while the wider All-share index ended 0.46 percent lower at 44,436.86.
Decliners included diversified mining firm African Rainbow Minerals, which fell 2.37 percent to 182.05 and retailer Massmart, down 2.18 percent to 134.50. Media and e-commerce group Naspers Holdings, led the advancers on the Top-40, adding 1.76 percent to 1,038.00. The company is the most valuable on the Johannesburg bourse, with a market value of $40 billion. Around 176 million shares changed hands. Decliners outnumbered advancers 170 to 136, with 61 issues unchanged.
New Highs - NASPERS, Steinhof, Curro. New Lows - Massmart, B-Africa.
South Africa's headline consumer inflation slowed to 5.3 percent year-on-year in November from 5.5 percent in October. On a month-on-month basis, CPI also came in slightly lower at 0.1 percent compared with 0.2 percent in October. Economists surveyed by Reuters expected a year-on-year rate of 5.4 percent and 0.2 percent month-on-month.
FTSE -0.24%, Nikkei -1.12%, Gold 1254.74, Silver 20.25, Rand/Dollar 10.41, Rand/Pound 17.00.
F&G = 50 (Neutral)
Gold prices fell on Wednesday after a three-day rally driven by investors short-covering, as a tentative U.S. budget deal supported expectations for an earlier reduction in U.S. monetary stimulus. The bipartisan budget deal announced in the U.S. Congress on Tuesday is expected to end three years of impasse and fiscal instability in Washington that culminated in October with a partial government shutdown.
Stocks fell for a second straight session on Wednesday, with trading volumes starting to thin out ahead of the Christmas holidays. But shares of junior gold producer Wits Gold soared 30.49 percent to 10.70 rand after Sibanye Gold made a cash offer to acquire all of its shares.
The Top-40 index was down 0.5 percent to 39,736.78. while the wider All-share index ended 0.46 percent lower at 44,436.86.
Decliners included diversified mining firm African Rainbow Minerals, which fell 2.37 percent to 182.05 and retailer Massmart, down 2.18 percent to 134.50. Media and e-commerce group Naspers Holdings, led the advancers on the Top-40, adding 1.76 percent to 1,038.00. The company is the most valuable on the Johannesburg bourse, with a market value of $40 billion. Around 176 million shares changed hands. Decliners outnumbered advancers 170 to 136, with 61 issues unchanged.
New Highs - NASPERS, Steinhof, Curro. New Lows - Massmart, B-Africa.
South Africa's headline consumer inflation slowed to 5.3 percent year-on-year in November from 5.5 percent in October. On a month-on-month basis, CPI also came in slightly lower at 0.1 percent compared with 0.2 percent in October. Economists surveyed by Reuters expected a year-on-year rate of 5.4 percent and 0.2 percent month-on-month.
FTSE -0.24%, Nikkei -1.12%, Gold 1254.74, Silver 20.25, Rand/Dollar 10.41, Rand/Pound 17.00.
F&G = 50 (Neutral)
73
Shares / Re: Today's Outlook
« on: December 11, 2013, 08:42:44 am »
Stocks snapped a four-day rally on Tuesday, falling into the red with investors taking profits in stocks such as retailer Woolworths, which have helped lead the recent surge. Woolworths helped lead blue chips lower as it shed over 2 percent to 73.70. Over the previous three sessions it had added almost 5 percent. The Top-40 index fell 0.23 percent to 39,934.74. The wider All-share index ended 0.2 percent lower at 44,640.98. Advancers pipped decliners 164 to 154 with 52 issues unchanged. Around 180 million shares changed hands.
The rand gained to its strongest in nearly a week on Tuesday after upbeat mining and manufacturing data improved economic growth prospects for the economy. Mining data showed production surged 22 percent year-on-year in October, from 0.6 percent the previous month. Manufacturing rose 1.5 percent from a 3.3 percent contraction, and against market expectations for a further fall in October. The data took the rand to 10.2725 against the dollar, breaking through resistance and gaining over 1 percent.
Australian shares fell 0.8 percent to a 3-1/2-month low this morning as big banks and miners weighed on the market, while gold miners jumped on firmer bullion prices. Most Asian share markets lurched lower today as investors booked profits on a range of once-crowded positions, largely to the benefit of bonds and the detriment of the U.S. dollar. News that U.S. budget negotiators had reached a provisional two-year deal to avoid another government shutdown offered some relief, but not enough to overcome the year-end blues.
F&G = 55 (Neutral)
FTSE -0.55%, Nikkei -0.55%, Gold 1258.83, Silver 20.28, Rand/Dollar 10.36, Rand/Pound 16.99
Opinion - Flat and boring day for traders ahead today.
The rand gained to its strongest in nearly a week on Tuesday after upbeat mining and manufacturing data improved economic growth prospects for the economy. Mining data showed production surged 22 percent year-on-year in October, from 0.6 percent the previous month. Manufacturing rose 1.5 percent from a 3.3 percent contraction, and against market expectations for a further fall in October. The data took the rand to 10.2725 against the dollar, breaking through resistance and gaining over 1 percent.
Australian shares fell 0.8 percent to a 3-1/2-month low this morning as big banks and miners weighed on the market, while gold miners jumped on firmer bullion prices. Most Asian share markets lurched lower today as investors booked profits on a range of once-crowded positions, largely to the benefit of bonds and the detriment of the U.S. dollar. News that U.S. budget negotiators had reached a provisional two-year deal to avoid another government shutdown offered some relief, but not enough to overcome the year-end blues.
F&G = 55 (Neutral)
FTSE -0.55%, Nikkei -0.55%, Gold 1258.83, Silver 20.28, Rand/Dollar 10.36, Rand/Pound 16.99
Opinion - Flat and boring day for traders ahead today.
74
Shares / Re: Today's Outlook
« on: December 10, 2013, 09:00:54 am »
Stocks eked out a fourth straight session of gains on Monday, lead by retailers such as Spar Group and Woolworths, which analysts say are now presenting value after underperforming the wider market this year. Food retailers especially are seen getting a boost as consumers' restraint eases over the approaching Christmas period, though the national mood has been subdued by the death of Nelson Mandela.
After gaining 45 percent last year, Johannesburg's general retail index is down 10 percent so far in 2013 compared to a 13 percent rise in the All-share index, which remains within striking distance of recently scaled life highs.
Gold shares were under pressure as bullion's spot price was pinned near 5-month lows around $1,230 an ounce. Africa's top producer of the precious metal AngloGold Ashanti shed almost 1.5 percent to 125.50, the lowest in about 2-1/2 months.
The rand was slightly weaker against the dollar on Monday ahead of a data-heavy week but is expected to trade rangebound until the U.S. Federal Reserve's next policy meeting next week. The rand was at 10.3530 to the dollar at 1539 GMT, down 0.3 percent from Friday's New York close. Data expected this week include October mining and factory output data and third quarter employment numbers on Tuesday and November consumer inflation statistics on Wednesday.
New highs for NASPERS, Pick'nPay and Steinhof, whilst Harmony and Goldfields continue to make new lows.
F&G = 66 - Greed
HSeng -0.15%, Nikkei -0.24% whilst the Dow closed a fraction up.
Euro 14.34, GBP 17.17, USD 10.43
After gaining 45 percent last year, Johannesburg's general retail index is down 10 percent so far in 2013 compared to a 13 percent rise in the All-share index, which remains within striking distance of recently scaled life highs.
Gold shares were under pressure as bullion's spot price was pinned near 5-month lows around $1,230 an ounce. Africa's top producer of the precious metal AngloGold Ashanti shed almost 1.5 percent to 125.50, the lowest in about 2-1/2 months.
The rand was slightly weaker against the dollar on Monday ahead of a data-heavy week but is expected to trade rangebound until the U.S. Federal Reserve's next policy meeting next week. The rand was at 10.3530 to the dollar at 1539 GMT, down 0.3 percent from Friday's New York close. Data expected this week include October mining and factory output data and third quarter employment numbers on Tuesday and November consumer inflation statistics on Wednesday.
New highs for NASPERS, Pick'nPay and Steinhof, whilst Harmony and Goldfields continue to make new lows.
F&G = 66 - Greed
HSeng -0.15%, Nikkei -0.24% whilst the Dow closed a fraction up.
Euro 14.34, GBP 17.17, USD 10.43
75
Shares / Re: Today's Outlook
« on: December 09, 2013, 08:53:56 am »
Stocks rose for the third straight day on Friday. The blue-chip JSE Top-40 index ended 0.8 percent higher at 39,905.22 and the broader All-Share index was up 0.7 percent at 44,616.21. Trade was active, with just 172 million shares changing hands according to preliminary bourse data. Advancers outnumbered decliners, 158 to 125, with 65 shares unchanged.
The rand ended the week firmer on Friday, bouncing back from oversold levels that saw the currency fall to a 4-1/2 year low after upbeat U.S. jobs data. By 1612 GMT, the local unit had shaken off those losses and was trading 1.3 percent stronger against the dollar at 10.3250.
Naspers broke through the 1000.00 mark and reached a new high of 1012.99. New highs also for Gridrod and Distell, while Tigerbrands, Goldfields and Harmony hit new lows.
H. Seng +0.3%, Nikkei +2.1%, All Ords -0.3%
Brent 111.85, Gold 1 229.40, Platinum 1 355.73 Silver 19.58
Euro 14.22, GBP 16.96, USD 10.38
The rand ended the week firmer on Friday, bouncing back from oversold levels that saw the currency fall to a 4-1/2 year low after upbeat U.S. jobs data. By 1612 GMT, the local unit had shaken off those losses and was trading 1.3 percent stronger against the dollar at 10.3250.
Naspers broke through the 1000.00 mark and reached a new high of 1012.99. New highs also for Gridrod and Distell, while Tigerbrands, Goldfields and Harmony hit new lows.
H. Seng +0.3%, Nikkei +2.1%, All Ords -0.3%
Brent 111.85, Gold 1 229.40, Platinum 1 355.73 Silver 19.58
Euro 14.22, GBP 16.96, USD 10.38