1306
Shares / Re: Today's Outlook
« on: February 18, 2014, 06:12:33 pm »
With 20 minutes to go, Europe mostly red with FTSE exception.
In US DOW & S&P flat, Nasdaq still hanging on.
In US DOW & S&P flat, Nasdaq still hanging on.
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1307
Shares / Re: Building a portfolio from scratch
« on: February 18, 2014, 08:49:14 am »as a beginner one should take some risk.
Some yes.
Not like me, started CFD's and went directly for Alsi, had no clue what was going on but did it anyway.
Four parts stupid, one part brave.
1308
Shares / Re: Today's Outlook
« on: February 18, 2014, 08:30:46 am »
At the BoJ MP meeting earlier this morning, not really changing policy (asset purchases/eco assessment/interest rate) but did extend some existing lending programs.
Yadda-yadda-yadda.
Didn’t do much at first but then dollar surged unexpectedly and the Nikkei ignited for some reason. Now being speculated to be possible automatic computer trading using algo programs.
Japan’s Nikkei +3.4%
Hang Seng flat
Shanghai ended +0.2%
Kospi flat
Sensex +0.8%
Eco Calendar:
11:30 GB CPI (YoY)
12:00 GER ZEW Eco Sentiment
F&G @ 39 Fear, IGM T40 @ +130 pips
Back home, SA stocks closed highest on record with T40 @42 478 & Alsi 47 027.
Starring were Naspers (+4.4% @ 1268.20, highest point ever 1275 which was hit intraday), courtesy Tencent’s 6% gain in Hong Kong. Another shooting star Sibanye (+3% @ 20.40) after economically extractable reserves were found to be 46% above previous estimates.
New highs for Group-5 (4799), Naspers (127500), Sibanye (2074), Assore (45270), Glencore (6240), Mondi intraday 18890.
New low Massmart, Astral & Ellies.
Gold @ 3½ month high on weak dollar/US growth concerns.
Dual:
Barc:LN +1.21%
SNHFY:US +2.05 (Friday’s close remember)
BHP:AU +2.29%
Yadda-yadda-yadda.
Didn’t do much at first but then dollar surged unexpectedly and the Nikkei ignited for some reason. Now being speculated to be possible automatic computer trading using algo programs.
Japan’s Nikkei +3.4%
Hang Seng flat
Shanghai ended +0.2%
Kospi flat
Sensex +0.8%
Eco Calendar:
11:30 GB CPI (YoY)
12:00 GER ZEW Eco Sentiment
F&G @ 39 Fear, IGM T40 @ +130 pips
Back home, SA stocks closed highest on record with T40 @42 478 & Alsi 47 027.
Starring were Naspers (+4.4% @ 1268.20, highest point ever 1275 which was hit intraday), courtesy Tencent’s 6% gain in Hong Kong. Another shooting star Sibanye (+3% @ 20.40) after economically extractable reserves were found to be 46% above previous estimates.
New highs for Group-5 (4799), Naspers (127500), Sibanye (2074), Assore (45270), Glencore (6240), Mondi intraday 18890.
New low Massmart, Astral & Ellies.
Gold @ 3½ month high on weak dollar/US growth concerns.
Dual:
Barc:LN +1.21%
SNHFY:US +2.05 (Friday’s close remember)
BHP:AU +2.29%
1312
Shares / Re: My look at shares
« on: February 17, 2014, 05:14:31 pm »Monneypenny and Atlatsa Resources Corporation (ATL)
No, no jaDEB, that one is not mentioned in polite company.
I get what Neil is saying (welcome Neil
) and I agree on his system for 90% of a portfolio.But damn, I do also need those 10% wildcards to keep things interesting, ATL being the latest one. Previous ones that were good to me, making no sense at the time of purchasing were RLO (2004), MRF (2007 & 2011) Brait (2009), ARQ & UUU (2010), MUR, IPSA & AET think it was 2006 or there a bouts.
But as I've said, wildcards - not putting somebody’s pension fund in there.
1313
Shares / Atlatsa Resources Corporation (ATL)
« on: February 17, 2014, 02:27:25 pm »
Atlatsa Resources Corporation (Anooraq Resources in former life) now also trading on Toronto Stock Exchange (TSX) since 5 Feb 2014, symbol ATL.
Already on NYSE MKT: ATL & JSE ATL.
Up +346% 2013, 3rd best performer on JSE 2013.
And as a side note, released on 12 Feb: ATL achieved ranking in 2014 TSX Venture 50®: Every year, the TSX Venture 50 ranks the strongest companies on the exchange by share price, trading volume, market capitalisation and analyst coverage. Each of these companies has seen impressive growth over the past year, offered strong return to their shareholders and is actively traded in the market.
www.atlatsaresources.co.za.
Still some way to go for this one I think, for the sake of transparency
, yes I do own this since Jan 2013 @168
Already on NYSE MKT: ATL & JSE ATL.
Up +346% 2013, 3rd best performer on JSE 2013.
And as a side note, released on 12 Feb: ATL achieved ranking in 2014 TSX Venture 50®: Every year, the TSX Venture 50 ranks the strongest companies on the exchange by share price, trading volume, market capitalisation and analyst coverage. Each of these companies has seen impressive growth over the past year, offered strong return to their shareholders and is actively traded in the market.
www.atlatsaresources.co.za.
Still some way to go for this one I think, for the sake of transparency
, yes I do own this since Jan 2013 @1681315
Shares / Re: Today's Outlook
« on: February 17, 2014, 12:46:36 pm »
You must have picked up by now that the US is on holiday today. 
Washington's Bday.
Washington's Bday.
1317
Shares / Re: My look at shares
« on: February 17, 2014, 12:40:29 pm »
Next 3 months, none of those for me.
Indifferent on OCE, haven't looked at that one yet.
Indifferent on OCE, haven't looked at that one yet.
1319
ACL narrowed full-year loss (7 Feb 2014, Reuters) on weaker rand & firmer steel price which offset decline in sales.
Diluted headline loss/share (31 Dec 2014) 56c, prev year loss/share 129c.
UBS raised target price to R50 from 46.30, rating neutral.
Company expected improved Q1 performance (on international price pickup & higher sales volume after seasonal slowdown Q4)
Despite all this, I changed this one from my short watch list to short now until at least end Apr. Q1 Earnings release 9 May.
Anybody aware of a reason (except above ones) not to do this?
Input guys?
Diluted headline loss/share (31 Dec 2014) 56c, prev year loss/share 129c.
UBS raised target price to R50 from 46.30, rating neutral.
Company expected improved Q1 performance (on international price pickup & higher sales volume after seasonal slowdown Q4)
Despite all this, I changed this one from my short watch list to short now until at least end Apr. Q1 Earnings release 9 May.
Anybody aware of a reason (except above ones) not to do this?
Input guys?
1320
Shares / Re: Today's Outlook
« on: February 14, 2014, 09:00:29 am »
Chinese CPI earlier constant @ 2.5% YoY, French GDP QoQ better than expected @ 0.3% (prev 0.2%). German GDP @ 9:00 & Euro GDP @ 12:00.
US ended +0.40%, +0.95% & +0.59% respectively and in Asia Nikkei closed -1.5% earlier this morning with Topix @ +1.3.
Gold rises to highest level since Nov’13, IGM T40 @ + 302 atm.
New highs yesterday for Reinet, Sibanye, Naspers, Billiton, Anglo, Glencore, Arm.
Results expected for Anglo (Dec final) & Implats (Dec interim) today.
And its Valentines today, be kind to those around you.
US ended +0.40%, +0.95% & +0.59% respectively and in Asia Nikkei closed -1.5% earlier this morning with Topix @ +1.3.
Gold rises to highest level since Nov’13, IGM T40 @ + 302 atm.
New highs yesterday for Reinet, Sibanye, Naspers, Billiton, Anglo, Glencore, Arm.
Results expected for Anglo (Dec final) & Implats (Dec interim) today.
And its Valentines today, be kind to those around you.