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Messages - Maurice

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16
Shares / Re: Mind engaging with a newbie broker?
« on: February 15, 2018, 01:31:43 pm »
Thanks for the reply.
Steinhoff a lot of people got wrong. But read this article https://www.moneyweb.co.za/investing/psg-why-we-didnt-own-steinhoff/ and PSG who had ties with Steinhoff avoided them! How could they read the signs?
What worries me about not being able to beat the Top40/ALSI is if this is true we may as well just buy the ETFs and forget about trying to manage a portfolio. Especially if you can identify the "Dogs" and not have them in your portfolio wouldn't that enable you to beat the market? That was the reason for the Steinhoff question.
For resources the view should be only if you actively manage your portfolio and can get in and out at the right time should they be considered.
Hopefully we can discuss this more. :TU:

17
Shares / Re: Mind engaging with a newbie broker?
« on: February 13, 2018, 07:24:46 pm »
Hi new broker,
My two Rands worth:

Taking Steinhof as an example was this a recommended share by you or your brokerage.
What strategy would you recommend to beat the Top40/ALSI over 5 years.
What companies are overvalued?
What companies are undervalued?
Do you think ETFs are the answer considering the cost charged for running a fund?
Do you think mining/resources stocks are a good fit for an individual long term portfolio?

I hope the list works

18
Off topic / Live chat
« on: January 11, 2018, 11:32:09 am »
RES has issued a SENS notice saying profits will be up 13% this has helped. Let's see!

19
Off topic / Live chat
« on: January 11, 2018, 10:25:54 am »
Is there any other speculation on RES besides Viceroy.?

20
Off topic / Live chat
« on: December 27, 2017, 10:14:01 am »
Well done Snapper! KIO is a winner

21
Shares / Re: Steinhoff
« on: December 15, 2017, 04:58:30 pm »
Why have Shoprite shares fallen? I would think Shoprite not being in STAR is an advantage! ::)

22
Shares / Re: Steinhoff
« on: December 06, 2017, 07:39:25 am »
This is bad news for SNH shareholders https://www.businesslive.co.za/bd/companies/retail-and-consumer/2017-12-06-markus-jooste-quits-as-steinhoff-ceo/

"Steinhoff International CEO Marcus Jooste resigned on Tuesday night, ahead of the furniture retailer’s results scheduled for release on Wednesday.

The group’s chairman, retail tycoon Christo Wiese, alongside former Pepkor CEO Pieter Erasmus, will run Steinhoff until a new CEO is appointed, a statement issued at 10.45pm on Tuesday night said.

“The supervisory board of Steinhoff wishes to advise shareholders that new information has come to light today which relates to accounting irregularities requiring further investigation,” the statement said.

“The supervisory board, in consultation with the statutory auditors of the company, has approached PwC to perform an independent investigation.”

Jooste had tendered his resignation with immediate effect, and the board had accepted it, Tuesday night’s statement said."

Or maybe good news shareholders in for one hell of a ride.

23
Off topic / Live chat
« on: November 22, 2017, 02:55:46 pm »
Naspers taking quite a knock today 3.42% down is what I see!

24
Off topic / Live chat
« on: November 15, 2017, 02:29:35 pm »
NPN is flying it is a good hold at the moment. Who will be brave enough to short it?

25
Shares / Re: What are your Favourite REITS?
« on: October 18, 2017, 03:25:57 pm »
I have Fortress Income Fund B shares. Up 21% in less than a year. I bought as they don't own mainstream properties plus there is the gearing effect of the B shares. The A shares get something like a 6% increase in divs per year and the balance goes to the B shares. So far so good.

26
Shares / Re: Naspers (NPN) - reaching all time high?
« on: September 28, 2017, 12:35:07 pm »
How is the Investor Challenge going to handle the Novus unbundling from Naspers?

27
Shares / Re: Pulverized Sand Box
« on: September 28, 2017, 12:30:21 pm »
@jaDEB
How are you handling the Novus shares you got from your Naspers holdings?

28
Off topic / Live chat
« on: August 07, 2017, 10:03:58 am »
SHP down 5.2% so far today. The market does like the SNH deal!

29
Shares / Re: BTI ..... what to do what to do!
« on: July 31, 2017, 01:14:03 pm »
BTI going down slowly. Will this be a temporary blip?

30
Off topic / Live chat
« on: July 20, 2017, 10:47:27 am »
Thanks  nice site Big charts

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