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Messages - Moonraker

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751
Shares / Re: Today's Outlook
« on: February 05, 2014, 10:55:29 am »
Johannesburg - South Africa's seasonally-adjusted HSBC Purchasing Managers' Index slipped further in January to 50.3 from 50.5 in December.

It is just managing to stay within expansionary territory as the economy starts the year in a fragile state.

"This month's reading illustrates that the economy faces an uncomfortable combination of weak growth and upside price pressures," said HSBC economist David Faulkner.

This was the weakest reading of the index since September 2013, when it was at 49.8.

752
Off topic / Live chat
« on: February 05, 2014, 09:35:40 am »
@Fundamental - see my 'dead in the water' post.

753
Shares / Re: SAB - dead in the water
« on: February 05, 2014, 09:34:52 am »
Fundamental says SAB is undervalued. I wish that would be the case, but ..

SABMiller

754
Shares / Re: CML
« on: February 03, 2014, 06:55:44 pm »
:TU: Over R20m was vested to managers today from the "Coronation Bonus Pool Trust". Mostly to 3 managers. So far so good.
Diligent reporting on CML & MTA.. deserves applaud.

755
Shares / Re: Today's Outlook
« on: February 02, 2014, 05:32:22 pm »
 :(

756
Shares / Re: SAB - dead in the water
« on: January 31, 2014, 01:23:20 pm »
SAB again tanking today. On LSE the vertical axis of their chart is being regularly extended downwards to accommodate
the tanking process.
One would think beer drinking and craft beer drinking has been outlawed, with the death penalty for those daring to imbibe.
Hello Fundamental, are the fundamentals still OK ?  ;)

 :wtf:

Edit: Spelling mistake corrected, I still have some of the stuff in the fridge.

757
Shares / SAB
« on: January 30, 2014, 12:30:08 pm »
This so called Rand Hedge is performing so poorly on the LSE that its Rand Hedge status here has been more than a
total disaster. It is one of my LT holds so am pretty disappointed.
BTI is a similar story - dead in the water on LSE. I hold those as well.

 :wall:


758
Off topic / Live chat
« on: January 29, 2014, 01:48:53 pm »
After the enormous Turkey hike, I revise my opinion and now forecast a ½% increase in repo.

759
Shares / Re: Advtech (ADH) vs. Curro (COH)
« on: January 29, 2014, 01:25:02 pm »
COH had a small correction of nearly 10% but peanuts really. Way overvalued, need much much more.

760
Shares / Re: Today's Outlook
« on: January 28, 2014, 03:38:17 pm »
Orders for U.S. Durable Goods Unexpectedly Slump

Quote
Bookings (DGNOCHNG) for goods meant to last at least three years dropped 4.3 percent after a 2.6 percent gain in November that was smaller than previously reported, a Commerce Department report showed today in Washington. The median estimate of 82 economists surveyed by Bloomberg called for a 1.8 percent advance. Orders for non-military capital goods excluding aircraft also declined.

Today’s report is the first to indicate that the slowdown in growth last month went beyond the unusually cold temperatures. Stagnant wages and inconsistent job gains probably mean consumer spending, which accounts for almost 70 percent of the economy, will not be able to sustain recent gains.

761
The Investor Challenge / New Rand ETF closing down
« on: January 28, 2014, 12:52:39 pm »
Absa’s NewRand ETF set for closure

Can be removed from the competition.

Yes, we are still getting punished with onerous exchange control regulations. Damn fartbrains.

762
Off topic / Tlokwe vote rigged ?
« on: January 27, 2014, 05:37:12 pm »
If true, we should all join Orca in Portugal; when he takes the plunge.

Tlokwe vote ‘fixed’

Quote
False addresses, voting outside registered areas and bussing in out-of-town voters were allegedly uncovered in Potchefstroom’s recent by-elections – amounting to what could be South Africa’s first proven case of vote-rigging.

and...

http://www.timeslive.co.za/politics/2014/01/27/elections-need-to-be-independently-monitored-agang-sa



763
Shares / Re: CML
« on: January 27, 2014, 03:52:11 pm »
Moving strongly against the trend today, Orca.  :) ± 2% up.
Any news out ?

764
Off topic / Re: Live chat
« on: January 27, 2014, 01:24:21 pm »
Should happen, but won't. Eh, and why always in increments of ½% ?
(What's wrong with ¼% - no rule states must be half).

765
Shares / Re: Income Portfolio Question
« on: January 26, 2014, 08:50:37 am »
Thanks guys. Highly appreciated.

Another question - Excluding property stocks, REITS and ETF's, what else can I buy on the JSE that would give me an income and as I stated, I am not concerned about growth? I just want income as often as possible.
Pref. shares ? Subject to withholding tax. Yield varies. eg. SBPP = just over 7% When interest rates rise the yields will improve.

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