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Messages - Bundu

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76
Shares / Re: Tax
« on: February 09, 2014, 09:16:20 pm »
Guys these are just things that pop into my head.

I trade shares via Standard Bank. When dividends are payed out, it is payed out to my trading account. I then immediately buy more shares with it. The share statement will reflect that I received dividends, but in reality I did not take the money to use for day-to-day living. Must I still declare it as income for tax purposes?


Your divvie is taxed before it gets paid to you.

do you actually read when people answer? ::)

77
The Investor Challenge / Re: How to identify frequently traded shares
« on: February 03, 2014, 02:10:47 pm »
I would not add ITE - none traded today so far and quite big swings in price
see attached
I can't agree with you on this - this competition is all about investing and if the company can have a swing of between R 5.50 to say R 8.00 over a 12 month period then surely that change could be meaningful in such a competition - we should not exclude such shares from the competition. In my private portfolio I bought Poynting Holdings at R0.82 cents 2 years ago and today they are trading at R 2.70 - Poynting I think is also excluded from shares one can buy though why I have no idea

we normally have a 'budget' of R100k and in the past 136 days, ITE has only traded more than R100k on 51 days - not what I would call a liquid share

78
The Investor Challenge / Re: How to identify frequently traded shares
« on: February 03, 2014, 01:09:36 pm »
I would not add ITE - none traded today so far and quite big swings in price
see attached

79
The Investor Challenge / Re: investor challenge
« on: January 29, 2014, 10:10:27 pm »
...........
Should anyone wonder tgg78703 and aae are the same person. One is at home with a few dops in his arse and the other at work with a hangover.

Neither make good investments
:LHST:
this year will be very different - my private portfolio is doing extremely well so far

80
The Investor Challenge / Re: New feature requests go here
« on: January 13, 2014, 08:03:09 pm »
so it seems to just be a mistake?  which would have not benefited the 'scheemers'  ;) :D

do you have to pay for your delayed data?

81
The Investor Challenge / Re: New feature requests go here
« on: January 13, 2014, 06:01:23 pm »
@Patrick
it seems like the prices here are not the closing prices as on the JSE?
as an example: KIO here R420.56   and on JSE closing price R422.82

Can people still buy after hours?

82
The Investor Challenge / Re: How to identify frequently traded shares
« on: January 10, 2014, 02:04:11 pm »
the last traded price sometimes means nothing, especially if the volume is very low, as in only one or a couple of shares traded

the bottom-line is, that a share is only 'worth' what the highest bidder is prepared to pay - illiquid and seldom traded shares often have large gaps between bid and offer

83
The Investor Challenge / Re: How to identify frequently traded shares
« on: January 10, 2014, 12:46:00 pm »
not likely.... why would he offer 68% more than the present highest bid?

84
The Investor Challenge / Re: How to identify frequently traded shares
« on: January 10, 2014, 11:56:49 am »
I assume R96000-00 if an offer of R3,20 a share is taken?

nope, the highest buyer is only offering 1000 shares at R1.90

85
The Investor Challenge / Re: How to identify frequently traded shares
« on: January 10, 2014, 11:31:19 am »
Surely then shares in a stock can suddenly become frequently traded should something in the market change?  Wouldn't that make administration on this site a bit difficult?  Perhaps rather then impose a small penalty on buying price based on a stocks average volume?   :)

if you wanted to sell say 30 000 CRD now, what should your income be?

86
The Investor Challenge / Re: The 2014 Challenge has begun!
« on: January 10, 2014, 10:27:57 am »
CRD trades too low volumes and infrequently

edit: and if you look at CRD at this moment


87
The Investor Challenge / Re: How to identify frequently traded shares
« on: January 09, 2014, 12:07:04 pm »
fair enough :TU:

88
The Investor Challenge / Re: How to identify frequently traded shares
« on: January 09, 2014, 11:58:16 am »
do you get the bid and offer prices?
That would be closest to reality IMO

89
The Investor Challenge / Re: How to identify frequently traded shares
« on: January 09, 2014, 11:41:13 am »
Patrick this probably a stupid question, but do we buy at the last transaction price or at the offer price?
and do we sell at the last transaction price or at the bid price?

90
The Investor Challenge / Re: How to identify frequently traded shares
« on: January 08, 2014, 09:54:11 pm »
tgg, you have no time limit, you have a whisky limit  :LHST:

I agree with the rules thing and would suggest that the basic rule should be "don't do or try to do anything you can't do on the JSE", which would include time-jumping  ;)

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