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Messages - Moonraker

Pages: 1 ... 16 17 [18] 19 20 ... 73
256
Shares / Re: Steinhoff
« on: August 10, 2016, 01:00:14 pm »
You can see the effect of the stronger Rand as applied to one of my stocks. Steinhoff (SNH) has risen sharply in Frankfurt over the past month (14%), but only about 4,7% here.


257
Shares / Re: The Rand
« on: August 09, 2016, 04:43:12 pm »
Holy s*** My Rand hedge stocks. £ is even worse.


258
Shares / Re: BTI ..... what to do what to do!
« on: August 08, 2016, 02:27:15 pm »
Some post Brexit broker views ..


259
Shares / Re: BTI ..... what to do what to do!
« on: August 08, 2016, 12:34:58 pm »
I would hold. Have them since early 2009 (212% capital gain EXCL. dividends). Will continue to be a great dividend payer.



Should benefit from weaker £ on LSE when next results published. See current rates vs. constant rates. (The R/£ exchange rate is another story)


260
Shares / Re: The Rand
« on: August 07, 2016, 05:37:27 pm »
Rand euphoria will in my opinion not last. I think ANC will form coalitions with EFF who have gained more since 2011 percentage wise than the DA. So it's up to the ANC, will they move more towards the redistributive policies of the EFF or embrace the more market friendly DA policies. Both ANC and EFF are anti 'white monopoly capital' etc.
Of course if such a coalition would happen, they will screw up to such an extent that DA will gain even more come 2019.
Z. will reshuffle his cabinet - let's see what happens.
My year end R/$ est. is ± 15 unless resources really shoot the lights out. But we will be downgraded.

261
Off topic / Live chat
« on: August 05, 2016, 02:32:42 pm »
Very strong July US payrolls (rise to 255000).Watch Rand xchange

262
Off topic / Re: Live chat
« on: August 03, 2016, 02:53:57 pm »
US good preliminary jobs report. Will see whether confirmed by NFP on Friday.

ADP said private sector employment increased by 179,000 jobs in July after climbing by an upwardly revised 176,000 jobs in June. 170,000 were expected.

263
Shares / Re: DOES ANYONE HAVE A BOND ETF IN TFSA ?
« on: August 01, 2016, 06:09:41 pm »
Quote from: jonb on August 01, 2016, 05:15:10 pm
For some reason I have been looking at putting a small 10% element of bonds into my TFSA

Looking at Ashburton Inflations ETF or Newfunds Govi

Anyone have any opinions on those two or on including bonds into TFSA as a solid building block ?
Well, if you think bond yields will go down further from where they are now over the next year or so, then by all means as you will get capital appreciation.
On the other hand should you think yields will rise, you will have capital depreciation but due to reinvestment of interest this will to some small extent be smoothed out.

If you see the bond yields hitting the lows of 2013 you will be rather pleased.


South Africa Government Bond 10Y decreased 0.095 percent or 1.09% to 8.65 on Friday July 29 from 8.75 in the previous trading session. South Africa Government Bond 10Y changed -1.59% during the last week, -1.14% during the last month and +4.85% during the last year. Historically, the South Africa Government Bond 10Y reached an all time high of 20.69 in August of 1998 and a record low of 5.77 in May of 2013.


264
Shares / Re: SAB Miller for AB Inbev ??
« on: August 01, 2016, 10:13:00 am »
Will sell my remaining SAB on 2/8 when they will be ex dividend. £ may weaken after 4/8 when/if BOE reduces lending rates.

265
Shares / Re: CoreShares Dividend Aristocrats ETF/S&P SA Dividends Aristocrat
« on: July 30, 2016, 01:36:42 pm »
Only because R strength ..


266
Shares / Re: SAB Miller for AB Inbev ??
« on: July 30, 2016, 10:56:56 am »
Well no, it's not over yet unfortunately. SABMiller backs AB InBev offer for biggest-ever consumer takeover

I will be selling my second batch on 3/8 to still get the dividend, just hope the £ doesn't weaken even more before I sell.

 Oops 3/8 is voting day, a holiday.

SAB Dividend payment date = 12/8/16
Div. = 1142.87796 cps (net, after withholding tax)

The dividend will be payable on Friday, 12 August 2016 to all shareholders

registered on the London and Johannesburg registers on Friday, 5 August 2016.

The last date to trade with dividend rights will be Wednesday, 3 August 2016 on

the London Stock Exchange and Monday 1 August 2016 on the JSE Limited.

The ex-dividend trading dates will be Thursday, 4 August 2016 on the London

Stock Exchange and Tuesday 2 August 2016 on the JSE Limited.

267
Shares / Re: SAB Miller for AB Inbev ??
« on: July 29, 2016, 05:12:26 pm »
SABMiller Board Recommends AB InBev's Improved Offer.

Good - no more uncertainty.

268
Off topic / Live chat
« on: July 29, 2016, 04:38:29 pm »
Strong R is poison for our market. Nearly 70% of JSE revenue derived from outside ZA

269
Shares / Re: SAB Miller for AB Inbev ??
« on: July 26, 2016, 09:12:47 am »
SABMiller shareholders will be entitled to receive 45 pounds ($59) a share, AB InBev said in a statement Tuesday, from 44 pounds previously. ABI also increased the amount of cash for shareholders who choose a cash-and-stock alternative. They’ll now receive about 4.66 pounds in cash compared with 3.78 pounds previously. That offer, valued at about 39 pounds a share when the acquisition was announced last year, had surged to more than 50 pounds late Monday. With the increased cash, it’s now worth about 51.14 pounds a share.

270
Shares / Has Treasury been captured by the black business lobby? Article.
« on: July 20, 2016, 06:56:42 pm »
Unbelievable - nowhere else, only here. Oh to be one of the priveleged masses.

Has Treasury been captured by the black business lobby?

Extract:-


Draft preferential procurement regulations recently gazetted by the National Treasury suggest that Pravin Gordhan’s department has finally been captured by the black business lobby.

The Treasury has long resisted demands for increased preferential procurement, saying this leads to inflated prices and leaves less revenue available to meet the needs of the poor. But now its regulations (published for comment by 15th July) propose major increases in BEE procurement in various ways.

Under the Preferential Procurement Policy Framework Act of 2 000 (the Act), a 90:10 formula currently applies to tenders worth more R1m.

According to this formula, 90 points are allocated on price and 10 points for BEE status, which means a BEE firm can charge 10% more and still get the contract. Under the current rules, a 80:20 formula applies to contracts below R1m, so allowing BEE firms to charge 20% more and still win the tender.


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