Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.


Messages - Moonraker

Pages: 1 ... 52 53 [54] 55 56 ... 73
796
Shares / Re: All things ZA economic outlook
« on: December 03, 2013, 12:35:55 pm »
South Africa’s Current-Account Deficit Widens to 6.8% of GDP

Including the BNLS countries in the trade data didn't help much at all. If excluded would have been 7.4% - Banana state !


Quote
South Africa’s current-account deficit widened to 6.8 percent of gross domestic product in the third quarter, the biggest gap in more than five years, as a weak rand boosted import costs while strikes and subdued global demand hurt exports.

The gap in the current account, the broadest measure of trade in goods and services, grew to an annualized 233 billion rand ($22.6 billion), the Reserve Bank said in its Quarterly Bulletin, released today in the capital, Pretoria. The median estimate of 11 economists surveyed by Bloomberg was for a deficit of 6 percent of GDP. The second-quarter shortfall was revised to 5.9 percent from 6.5 percent.

Quote
“If it were not for the revision in the previous quarter, the deficit would have been 7.4 percent,” Ilke van Zyl, an economist at Vunani Securities Ltd. in Johannesburg, said by phone. “We need ever-increasing financing to fund our external imbalances, which is a worry. It’s an ongoing symptom of the mismanagement of the country.”

797
Shares / Remgro
« on: December 01, 2013, 05:31:30 pm »
Rupert makes R2.3bn offer for Caxton
Question is "why"? Turn it into a NPN clone ?
Wish I knew.

798
Off topic / The real Zumaville
« on: November 29, 2013, 05:20:00 pm »
 >:(


799
Shares / Re: LDT - Dividend amounts and Last Day to Trade
« on: November 28, 2013, 08:28:38 pm »
Finally found a useful source of data for the dividends: http://www.profiledata.co.za/moneyweb/sharedata/data/indicators/DividendWatch.htm

They should auto update now, apart from the non ZARc valued dividends.

Yes, useful but one needs to be aware that those are all gross dividend amounts, sans the deduction of withholding tax.
Furthermore one needs to ascertain whether STC credits were wholly or partially utilised which would ameliorate the
15% tax or offset it altogether.

800
Shares / Re: Gold & Gold Shares
« on: November 27, 2013, 01:48:06 pm »
So, JaDEB, you think that's a good move by Investec ?
I am not a resources guru, but agree with what P. Theron says in the video. Not Hot.

Sibanye-Hot or not

 8)

801
Shares / Re: All things ZA economic outlook
« on: November 26, 2013, 12:17:59 pm »
South Africa’s Economic Growth Slows to Four-Year Low of 0.7%

Quote
Gross domestic product rose an annualized 0.7 percent compared with a revised 3.2 percent in the three months through June, Statistics South Africa said in a report released in Johannesburg today. The median estimate of 19 economists in a Bloomberg survey was 1 percent.

802
Shares / Re: Short term lump sum investment
« on: November 26, 2013, 10:38:03 am »
As advised by gcr.

Check also Nedbank Rates
These:-

Nedbank MoneyTrader 

EasyAccess Deposit 

803
Shares / Re: FED tapering ?
« on: November 26, 2013, 09:37:55 am »
Is it better to stay in cash or use a fixed deposit than invest on the JSE at the moment,if so for how long?
Nobody will be able to advise on that, least of all moi. The knock-on effects to EM's may be somewhat ameliorated if the
FED reduces the $85 billion monthly purchase of Treasury bonds and mortgage backed securities in a subdued, gradual
manner, and at the same time ensures that interest rates don't get raised, or are only marginally raised, until such time as there is
real strength in the economy with inflationary pressures becoming hard to ignore - i.e. over 2% p.a.
That could take a while.
Regarding our market, I don't think we will see any growth in 2014 at all. Stock picking will be important.
But, truth be told, I am unable to answer your question.

PS. Please vote if you haven't already done so.

804
Shares / Re: Naspers (NPN)
« on: November 26, 2013, 09:19:31 am »

805
Shares / Re: Pulverized Sand Box
« on: November 25, 2013, 02:13:41 pm »
wonder who is having a good week.
Yup, seconds from disaster.  ;D


806
Shares / Re: DRD
« on: November 25, 2013, 12:57:59 pm »
Check this  ..
(For an explanation of P&F charts see HERE


807
Shares / Re: FED tapering ?
« on: November 22, 2013, 02:37:05 pm »
All hinges on the FED tapering. Good news in US is bad news for emerging markets as it will give impetus to tapering earlier.
I voted Jan. 2014 and think the most likely start to tapering will occur either in Jan. or in March 2014.
We are already seeing this nervousness affecting or market and other (mainly) emerging markets.

Goldman’s top 10 themes for 2014


• ….but EM differentiation to continue

Countries with high current account deficits, high inflation and weak institutions were punished more heavily than those with stronger current accounts in 2013′s sell off in emerging markets, and the level of differentiation is likely to be even greater in 2014. Goldman Sachs expects a greater separation between countries with credible tightening policies, such as Brazil and India, and those where imbalances are allowed to grow, such as Turkey.

The note said: “There is also likely to be increased focus on the small number of countries showing more classic EM-style problems. The macro environment in Venezuela is deteriorating rapidly and we expect a large devaluation and further credit pressure. Argentina’s macro backdrop is also unfriendly. And we continue to think that Ukraine will choose to devalue and seek external support in the coming months.”

• Commodity downside risks grow

Goldman Sachs expects 15% plus declines in prices in gold, copper, iron ore and soybeans. Energy prices, while more stable, also face downside risk which is growing over time.

The note said: “These pressures are also likely to reinforce some of the other core themes discussed here – loosening what has been a key constraint on DM and global growth in recent years, keeping inflation subdued and preventing long rates from rising much above forwards.”

808
Off topic / shareforum has mention in Moneyweb !
« on: November 21, 2013, 02:25:55 pm »
It's the JSE's shareforum, so they say, not Patrick's.  ;)

Don’t Google like crazy

Scroll down to personal finance communities, the link "JSE’s share forum"   :TU:
 


809
Shares / FED tapering ?
« on: November 21, 2013, 01:48:42 pm »
The broader European trading mood was also subdued on the outlook for less quantitative easing in the U.S. Minutes from the Federal Reserve's October meeting published late Wednesday showed the central bank could decide to taper its $ 85-billion-a-month asset purchases at one of its next meetings if the economy continues to improve.

Currently odds are:-

25% in December meeting
25% in January 2014
50% in March 2014

810
Shares / Re: Today's Outlook
« on: November 21, 2013, 12:38:09 pm »
When I also saw this, and the dogs started barking, I said to my wife "where's the phone"!


Pages: 1 ... 52 53 [54] 55 56 ... 73