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Messages - Moonraker

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496
Shares / Re: Aspen Pharmacare
« on: September 26, 2015, 03:59:48 pm »
Mmm ok will digest. Thanks.

So would you say this is the dip to buy, or is there further downside to this?

Btw, not selling im in for the very long run. ;)

If you are in for the long run, just hold. Having retreated this far the share is looking pretty attractive should you want to add.

497
Shares / Re: Aspen Pharmacare
« on: September 25, 2015, 04:44:32 pm »
Any ideas why this is continually slipping, currently below R300.00 with volumn of around 2.8 mil in shares?

The main reason - currency. R has strengthened over the past year against major trading currencies. Only recently has it weakened considerably against the Euro, but is still
stronger against eg. the Brazilian Real.
Have patience - one of the best shares on the JSE.

Quote
Currency volatility has weighed on the results of the past year. The Group remains exposed to the strength of the US

Dollar against its primary trading currencies.

Best read the financial results for the year ended 30/06/2015

Chris Gilmour on the results ..

Quote
CHRIS GILMOUR: That’s quite right. Look, this set of results I actually think is a very good set of results, frankly. I have to disclose we do hold Aspen as a core holding on behalf of our clients. It’s a great operation, it’s really incredibly well run, and I think what you’ve got to do with this set of results is you’ve got to try and distinguish between the operational side – which was very, very good indeed in virtually every jurisdiction in which they operate, including Australia, including the CIS, Russia basically, and Latin America – and, Stephen Saad touched on this, the currencies. Let’s take Australia as a classic example. They are heavily invested in Australia and the Australian dollar has been very, very weak against the US dollar. And the same goes for the Brazilian real, for example. So yes, you can do a bit at the margin in terms of hedging and the like but nevertheless, from a currency perspective, the company has taken a real hit.

Over the reporting period the R has strengthened against Aspen's main trading currencies, Euro, Aussie $, Brazilian Real, Russian Rubel. Their input costs are mainly in US$ which has strengthened against the R quite substantially over the reporting period being the 6 months to 30/06/2015.

498
Shares / Re: SAB
« on: September 24, 2015, 03:38:49 pm »
SABMiller bid could hit R840/share

Something to chew on when making decisions to hold/sell/buy more ..

Quote
Van Cuyck also questions ABI’s ability to add long-term value. “SABMiller is already highly efficient,” he says. “There is probably also more opportunity in SABMiller as it exists today than as part of ABI.”


499
Shares / Re: SAB
« on: September 18, 2015, 01:06:58 pm »
I was going to sell my 1500 but am a few months short of holding them for 3 years. Don't want to be classified as a trader so will continue to hold for now.
The deal will go through because ABI will do their utmost to make it attractive to SAB board and shareholders. A 10% premium over the current price
is expected.

500
Off topic / Live chat
« on: September 18, 2015, 09:43:47 am »
gcr wins by ⅛% :)

501
Shares / Re: SAB
« on: September 18, 2015, 09:41:50 am »
What to do ? Should I hold for now hoping the deal will be clinched when there will be another ± 10% premium on the current price and then receive the cash if not dual listed ?
Or sell some or all now in case the deal is rejected by SAB ?
Or simply hold and hope for a dual listing ?

502
Shares / Re: For Questions That Don't Fit
« on: September 17, 2015, 04:05:12 pm »
Yes, but shares issued (as per my prev. post) form part of a companies equity.

503
Shares / Re: For Questions That Don't Fit
« on: September 17, 2015, 03:01:05 pm »
Misunderstanding. I took it you meant equities = shares as you said equities rather than equity.

504
Shares / Re: For Questions That Don't Fit
« on: September 17, 2015, 01:56:24 pm »
Share capital is the value of shares the company has issued. Take your RPL they have issued X number of shares at 8 pence each so X multiplied by 8 pence will be the share capital amount. The market price at which they are traded is of course much higher than when the shares were originally issued. Share premium can come about as a result of additional issuance, for example resulting from a rights issue.
I am not an accountant, but maybe there is one in-house  ;)

505
Shares / Re: For Questions That Don't Fit
« on: September 17, 2015, 01:22:21 pm »
Nope, it's share capital plus share premium. Those represent all the shares issued for cash to shareholders.

506
Off topic / Live chat
« on: September 17, 2015, 10:29:20 am »
To agree to disagree is fun. I think there may well be an increase, let's say ⅛ %

507
Shares / Re: SAB
« on: September 16, 2015, 05:35:06 pm »
It will happen.

Quote
An offer for SABMiller would probably have to be at least a 30 percent premium to its stock price before yesterday’s rise, or more than 39 pounds ($60) per share, according to an analyst note from Sanford C. Bernstein Ltd. That would value SABMiller at about 63 billion pounds, according to data compiled by Bloomberg.

U.S. regulators are likely to ask for the disposal of SABMiller’s stake in Miller Coors in the U.S., while AB InBev may also have to sell SABMiller’s 49 percent stake in CR Snow Zeijang in China, the analysts said.

According to David Shapiro, if the deal goes through, SAB shareholders may receive cash as a dual inward listing may not come about due to the tiny SA holdings. Altria holds 27% and the Columbian family interests 14%. Biggest shareholder here, the PIC only holds 3%.
That would be rather sad.

508
Shares / Re: LDT - Dividend amounts and Last Day to Trade
« on: September 16, 2015, 03:54:00 pm »
Dear Fawkes85, maybe this will help ?


509
Shares / Re: LDT - Dividend amounts and Last Day to Trade
« on: September 16, 2015, 03:02:14 pm »
I am sure somewhere among these 63 pages someone already answered this, but is there a website I can go to to see the dividend history of any and all companies listed on the JSE?

I have tried itrade.co.za but I can't find anything on there. Maybe I just don't know where to look?
Yes, go to Reults>In Full select the from - to - dates and tick finals and share/unit statistics.

510
Off topic / Re: Live chat
« on: September 16, 2015, 01:07:45 pm »
Mega brewing deal nears as AB InBev approaches SABMiller

It seems to be uBlock₀ (Will check).

Mega brewing deal nears as AB InBev approaches SABMiller

No, funny it's OK now. Thanks. Thought it was @@||www.google.com/cse/cse.js?cx=015213305976783395510:fdoiloqbbuk$script,domain=shareforum.co.za which I allowed as you can see, but no difference.

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