76
Shares / Re: Naspers (NPN)
« on: December 06, 2013, 09:30:09 am »
Broke the R1000.00 barrier today!!!!
Where to now?
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Broke the R1000.00 barrier today!!!!
Where to now?
77
Shares / Re: Today's Outlook
« on: December 06, 2013, 08:51:18 am »
South African stocks rose 0.84 percent on Thursday as the rand's fall to its weakest in nearly five years boosted media firm Naspers, furniture maker Steinhoff and other companies with overseas operations.
Adcock Ingram edged up in active trade, finishing at 70.75 rand, just above the offer price of 70 rand from suitor Bidvest.
The benchmark Top-40 index advanced 0.84 percent to 39,587.66.
The broad All-Share index gained 0.71 percent to 44,297.66.
The rand fell to 10.5395 to the dollar, its weakest since March 2009 after it broke through key technical levels.
Naspers rose 3.6 percent to 989.71 rand. A weaker rand lifts earnings when profits from abroad are brought home.
Steinhoff gained 2 percent to 40 rand.
Trade was light, with just 152 million shares changing hands.
South Africa's rand breached 10.5000 against the dollar on Thursday, touching its weakest level in nearly five years as investors dumped riskier assets in anticipation of a slowdown in U.S. central bank asset purchases.
The rand hit a session low of 10.5395 per dollar, the softest it has been since March 2009, before coming back to 10.4350 by 1605 GMT, 0.14 percent off its previous close.
Government debt also weakened, with the yield on South Africa's 2026 bond ticking up one basis point to 8.47 percent. At the shorter end of the curve, the 2015 benchmark closed 3 basis points higher at 6.34 percent.
Latest
Dow -0.4%, FTSE -0.2%, DAX -0.6%, HSeng 0.0%, Nikkei +0.5%, AllOrds -0.7%
EUR 14.34, GBP 17.13, USD 10.50
Gold 1227.03, Platinum 1362.14, Brent 111.29
Adcock Ingram edged up in active trade, finishing at 70.75 rand, just above the offer price of 70 rand from suitor Bidvest.
The benchmark Top-40 index advanced 0.84 percent to 39,587.66.
The broad All-Share index gained 0.71 percent to 44,297.66.
The rand fell to 10.5395 to the dollar, its weakest since March 2009 after it broke through key technical levels.
Naspers rose 3.6 percent to 989.71 rand. A weaker rand lifts earnings when profits from abroad are brought home.
Steinhoff gained 2 percent to 40 rand.
Trade was light, with just 152 million shares changing hands.
South Africa's rand breached 10.5000 against the dollar on Thursday, touching its weakest level in nearly five years as investors dumped riskier assets in anticipation of a slowdown in U.S. central bank asset purchases.
The rand hit a session low of 10.5395 per dollar, the softest it has been since March 2009, before coming back to 10.4350 by 1605 GMT, 0.14 percent off its previous close.
Government debt also weakened, with the yield on South Africa's 2026 bond ticking up one basis point to 8.47 percent. At the shorter end of the curve, the 2015 benchmark closed 3 basis points higher at 6.34 percent.
Latest
Dow -0.4%, FTSE -0.2%, DAX -0.6%, HSeng 0.0%, Nikkei +0.5%, AllOrds -0.7%
EUR 14.34, GBP 17.13, USD 10.50
Gold 1227.03, Platinum 1362.14, Brent 111.29
78
Shares / OML - Old Mutual
« on: December 04, 2013, 12:18:03 pm »
Seems like they are on a bit of a buying spree at the moment - just from today's SENS the following total beneficial interests have been announced by various companies -
Share / OML total beneficial interest
SA Corporate Real Estate Fund = 5.47%
Transaction Capital Limited = 10.39%
Trencor Limited = 16.69%
Allied Electronics Corporation Limited = 10.94%
MURRAY & ROBERTS HOLDINGS LIMITED = 12.31%
NETCARE LIMITED = 6.03%
And we're only half way through the day...
This from yesterday -
Share / OML total beneficial interest
Wilson Bayly Holmes-Ovcon Limited = 8.42%
Business Connexion Group Limited = 7.71%
SOVEREIGN FOOD INVESTMENTS LIMITED = 28.65%
VUKILE PROPERTY FUND LIMITED = 6.31%
Lewis Group Limited = 9.83%
Consolidated Infrastructure Group Limited = 9.54%
DATATEC LIMITED = 15.72%
HULAMIN LIMITED = 7.92%
Investec plc = 6.58%
AFRICAN BANK INVESTMENTS LIMITED = 6.33%
Share / OML total beneficial interest
SA Corporate Real Estate Fund = 5.47%
Transaction Capital Limited = 10.39%
Trencor Limited = 16.69%
Allied Electronics Corporation Limited = 10.94%
MURRAY & ROBERTS HOLDINGS LIMITED = 12.31%
NETCARE LIMITED = 6.03%
And we're only half way through the day...
This from yesterday -
Share / OML total beneficial interest
Wilson Bayly Holmes-Ovcon Limited = 8.42%
Business Connexion Group Limited = 7.71%
SOVEREIGN FOOD INVESTMENTS LIMITED = 28.65%
VUKILE PROPERTY FUND LIMITED = 6.31%
Lewis Group Limited = 9.83%
Consolidated Infrastructure Group Limited = 9.54%
DATATEC LIMITED = 15.72%
HULAMIN LIMITED = 7.92%
Investec plc = 6.58%
AFRICAN BANK INVESTMENTS LIMITED = 6.33%
79
Shares / Re: Today's Outlook
« on: December 04, 2013, 08:51:24 am »
The JSE All Share ended 1.56% lower on Tuesday, with 4.19% losses in gold miners and 2.06% losses in financial shares weighing on the local bourse.
The rand weakened further to trade at R10.31 to the US dollar and R16.88 to the British pound by 5pm.
Gold had edged up 0.17% to sell at $1218.10 an ounce, while Brent crude oil had gained 1.56% to $111.40 a barrel.
Latest -
Dow closed down 0.6%. East Red this morning - Nikkei down 2.0%, HangSeng down 0.5%, All Ords down 0.3%
Brent 114.36, Gold 1222.98, Platinum 1360.00, Silver 19.19
The Rond under the whip - ZAR/USD 10.37, ZAR/EUR 14.11, ZAR/GBP 17.02
The rand weakened further to trade at R10.31 to the US dollar and R16.88 to the British pound by 5pm.
Gold had edged up 0.17% to sell at $1218.10 an ounce, while Brent crude oil had gained 1.56% to $111.40 a barrel.
Latest -
Dow closed down 0.6%. East Red this morning - Nikkei down 2.0%, HangSeng down 0.5%, All Ords down 0.3%
Brent 114.36, Gold 1222.98, Platinum 1360.00, Silver 19.19
The Rond under the whip - ZAR/USD 10.37, ZAR/EUR 14.11, ZAR/GBP 17.02
80
Shares / Re: All things ZA economic outlook
« on: November 21, 2013, 12:42:07 pm »
Source = SBK Equities Research
Food Inflation falls to 4.2%y/y
Global deflation counters rand weakness to lower inflation to 5.5% y/y
Food Inflation falls to 4.2%y/y
Global deflation counters rand weakness to lower inflation to 5.5% y/y
Quote
Headline CPI in October slowed from 6.0% y/y to 5.5% y/y, largely due to food
and fuel. Food Inflation declined from 6.0 to 4.2%y/y and petrol declined from
12.8 to 9.3% y/y shaving 0.27ppts and 0.20ppts respectively off September's
6.0% y/y inflation rate. The decline in food inflation was led by unprocessed
food, which fell from 4.6 to 1.9% y/y. Processed food slowed more
moderately from 7.4 to 6.6% y/y. Excluding Food, NAB and petrol, CPI
remained flat at 5.4% y/y. We expect CPI to average 5.8% in 2013 and 5.6% in
2014.
There were some interesting developments within the components of CPI:
■ Vehicle prices are starting to show some recovery and contributed
0.05ppts more to CPI versus last month.
■ Alcoholic beverages contributed 0.04ppts more versus last month.
■ Countering these increases, electricity declined from 7.7 to 7.5%, books,
newspaper and stationary declined from 9.3 to 3.9%, and funeral (other)
services slowed from 5.9 to 2.8% y/y. Respectively these components
contributed 0.01, 0.03, 0.05, 0.04 less to CPI, reducing CPI by 0.08ppts
versus August.
■ Administrative price inflation ex petrol increased marginally from 7 to 7.1%
y/y. Administrative inflation has been well above CPI since January 2009.
Excluding administrative prices inflation dropped from 5.3% to 4.9% y/y, in
October, well within the target band.
■ The gap between durable and non-durable inflation is starting to close;
durable inflation rose from 1.3% to 1.9% y/y and non-durable inflation
slowed from 7.3% to 6.1% y/y. We think this is indicative of the
business cycle turning.
Looking ahead: Rand weakness vs. oil price:
While the rand should start to exert upward pressure on CPI in 2014, oil price
inflation in ZAR is moderating. We expect oil price inflation in USD terms to
remain contained over 2014 and ameliorate ZAR related inflationary effects.
81
The Investor Challenge / Re: investor challenge
« on: November 19, 2013, 09:25:36 am »
Rare Holdings - RAR
Seems like they had a 100:1 share consolidation. Those holding the share in the challenge have suddenly become millionaires with massive growth (e.g. RAR RARE HOLDINGS LTD 500000 6 800 13233.33% R4,000,000.00 76.81%)
Found this in a SENS released in July -
Seems like they had a 100:1 share consolidation. Those holding the share in the challenge have suddenly become millionaires with massive growth (e.g. RAR RARE HOLDINGS LTD 500000 6 800 13233.33% R4,000,000.00 76.81%)
Found this in a SENS released in July -
Quote
Consolidation
The Board proposes that the company consolidate its authorised and issued share capital on a basis of 100:1 (subsequent to the Share Increase) with the aim of easing the administrative burden and costs incurred by the company in dealing with such a large number of shares.
82
Shares / Re: Today's Outlook
« on: November 15, 2013, 09:01:40 am »Oooooooooooooooh!
Sugar Pie, Honey Bunch
You know that I love you
I can't help myself
I love you and nobody else.
I'm talking about Federal Reserve Chair nominee, Janet Yellen as she suggested last night that the Fed's bond-buying stimulus will continue until US economy has recovered and job creation could be sustained.
Me love you long time......
83
Shares / Re: DSY - Discovery Limited
« on: November 12, 2013, 08:36:23 am »Any idea why Discovery has joined the undead and moving up abnormally today?
Currently up +2.33% to R82.89 in a lacklustre market.
Apart from Credit Suisse cutting its target price from R82 to R74 (25 Sep ’13), shareholder meeting on 3rd of Dec and a director buying R1.8m since last month, I don’t see any other news of this one.
DSY up +47.1% in past year, -14.3% in past 90 days.
I can'tr seem to find a vailid reason for its fall in the last couple of weeks either..... (i understand the dip caused by the worse than expected results end Aug). But I'm not complaining about the climb today - still got a CFD position that has been red for quite a while now.
84
Shares / Re: African Bank
« on: November 11, 2013, 10:26:55 am »There's a rights issue coming up allowing shareholders to buy additional shares at R8.00. I believe that this will have a negative effect on the price, bringing it down to between R12.50 / R13.50. But hey! If you hold the shares already and then participate in the issue, you'd be averaging down along with the price anyway. Otherwise, wait until after the rights issue, then buy at a lower price.
Is there money to be made here ?
Long term though - not my kettle of fish (excuse the pun).
85
Shares / Re: Oceana Group Ltd
« on: November 07, 2013, 06:11:44 pm »
Latest SENS
Quote
AUDITED PRELIMINARY GROUP RESULTS AND DIVIDEND DECLARATION
FOR THE YEAR ENDED 30 SEPTEMBER 2013
HEADLINE EARNINGS PER SHARE INCREASE BY 7 %
DIVIDENDS PER SHARE INCREASE BY 7 %
86
Off topic / Re: JSE End Of Day Data Download
« on: November 07, 2013, 11:22:12 am »Sharenet provide end of day data downloads. About R60pm. Also FNB if you subscibe to their trading setup.Thanks Yissarian
Unfortunatly I'm not with FNB - Sharenet is R164.00 per month for the Download module.
87
Off topic / Re: JSE End Of Day Data Download
« on: November 07, 2013, 07:52:06 am »Www.investordata.co.za, not free I believe, waiting for pricing myself.Thanks Nios
They are one of the cheaper providers in SA - If I recall correctly it's R189.00 per month, but you get a discount if paid annually in advance.
But it's not free.
88
Off topic / JSE End Of Day Data Download
« on: November 06, 2013, 08:01:45 pm »
Hi folks
Does anyone have an idea where I can get software that will download JSE EOD data (O,H,L,C,V) for free - preferably with the ability to get historic prices as well? Metastock format would be a bonus, but I can work with .txt or .csv as well.
I have been managing my portfolio using a fund manager application that allows you up to 60 times to open it before it stops and insists that you purchase a licence. I started using version 9, and when that exipired, I used v 10 (another 60 times), then v 11, and finally v 12, each giving me 60 times access. But now - over a year later - there's no later version. The management portion is not too bad (pretty good actually), but the main reason I use it is because it has a download functionality that allows for the importing of JSE EOD prices from Bloombergs, as well as historical prices. I use this to download specific share prices and then use the export facility to export such into a Metastock format file. I then use this file to import data into my charting software - which I need to plan my trading activities. The charting software does not have any download capabilities.
So why not purchase a licence you ask? Well it's a lot cheaper to buy Windows 8 - and you still have to pay additional fees for version upgrades. So in my opinion the cost of the app just for the downloading portion is not worth it. Hence my request. I am aware that you can subscribe to various data providers who are able to provide the required data, but hey!! - we all need to save as much moola as we can where we can.
So if anyone is prepared to share info and provide assistance in this regard I will be most appreciative.
Does anyone have an idea where I can get software that will download JSE EOD data (O,H,L,C,V) for free - preferably with the ability to get historic prices as well? Metastock format would be a bonus, but I can work with .txt or .csv as well.
I have been managing my portfolio using a fund manager application that allows you up to 60 times to open it before it stops and insists that you purchase a licence. I started using version 9, and when that exipired, I used v 10 (another 60 times), then v 11, and finally v 12, each giving me 60 times access. But now - over a year later - there's no later version. The management portion is not too bad (pretty good actually), but the main reason I use it is because it has a download functionality that allows for the importing of JSE EOD prices from Bloombergs, as well as historical prices. I use this to download specific share prices and then use the export facility to export such into a Metastock format file. I then use this file to import data into my charting software - which I need to plan my trading activities. The charting software does not have any download capabilities.
So why not purchase a licence you ask? Well it's a lot cheaper to buy Windows 8 - and you still have to pay additional fees for version upgrades. So in my opinion the cost of the app just for the downloading portion is not worth it. Hence my request. I am aware that you can subscribe to various data providers who are able to provide the required data, but hey!! - we all need to save as much moola as we can where we can.
So if anyone is prepared to share info and provide assistance in this regard I will be most appreciative.
89
Shares / Re: Oceana Group Ltd
« on: November 04, 2013, 09:51:52 am »
Following from SBK OST
Quote
Action/Event: The Competition Commission has approved Oceana’s
acquisition of FoodCorp’s fishing assets with conditions.
■ The two conditions imposed include:
1. The Glenryck brand must be sold by Oceana
2. The small pelagic quota allocations must be sold.
■ Reaction/Impact: Oceana was always aware that it would have to sell the
Glenryck Brand as it is Lucky Star’s largest competitor in the canned pilchards market.
■ Upon announcement of the deal in June 2013, Oceana management
mentioned that there were a number of potential buyers for the
Glenryck Brand which we value at c. R 70m.
■ In our opinion, the deal breaker may be the Competition Commission’s
decision that Oceana would have to sell off FoodCorp’s small pelagic
quota (which includes pilchard quota).
■ Oceana management is in the process of appealing the decision on the
small pelagic quota.
90
The Investor Challenge / Re: investor challenge
« on: November 04, 2013, 08:34:18 am »Yeah!!! MO MONEY today.....Went for DSY - looking for a 5-8 % upswing in price by year end (well, competition end anyway).
What to buy.... What to buy.......??