1186
Budget speech today?
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1187
Shares / Re: Metair. Titan or Titanic?
« on: February 25, 2015, 12:15:45 am »
This was my 10 bagger stock but seems that the investors are spooked by their Mutlu acquisition. Turkey is in political turmoil and surrounded by countries like Syria and Iraq where ISIS is wreaking havoc. Their Romanian Rombat acquisition is no better.
Apart from this, I cannot see the share price plummeting due to the Eskom saga. They also manufacture solar panels, UPS's, and the like.
Apart from this, I cannot see the share price plummeting due to the Eskom saga. They also manufacture solar panels, UPS's, and the like.
1188
Shares / Re: My retirement blog.
« on: February 24, 2015, 07:04:23 pm »
While I'm on this subject. The UK has very stringent border and immigration controls. A case in point.
A British citizen married an Argentinian Doctor and they had one child in Argentina. She was a housewife with no personal income of her own. They decided to relocate to the UK. Her Doctor husband had a Spouse Visa that expires after 3 months as do all visas.
When he applied for residency, it was refused and he was sent back to Argentina to reapply for a visa. You cannot apply for a visa inside the UK.
The reason for the refusal is that the British spouse must sponsor the third country spouse. To do this she had to have an income of around R27k pm or savings of R1.8M but as she was a housewife she had none. It does not matter that her husband is a high earning Doctor.
British citizens bringing in a foreign spouse now have to use the EU Treaty laws. To do this, they have to live and work in an Shengen member state for at least 3 months and get residency in that state. Then enter the UK using Treaty Rights as it overrides UK's internal laws.
This can be done via Ireland as many do due to the language. South Africans can enter Ireland without a visa and can apply for residency if the spouse is an EU member citizen.
A British citizen married an Argentinian Doctor and they had one child in Argentina. She was a housewife with no personal income of her own. They decided to relocate to the UK. Her Doctor husband had a Spouse Visa that expires after 3 months as do all visas.
When he applied for residency, it was refused and he was sent back to Argentina to reapply for a visa. You cannot apply for a visa inside the UK.
The reason for the refusal is that the British spouse must sponsor the third country spouse. To do this she had to have an income of around R27k pm or savings of R1.8M but as she was a housewife she had none. It does not matter that her husband is a high earning Doctor.
British citizens bringing in a foreign spouse now have to use the EU Treaty laws. To do this, they have to live and work in an Shengen member state for at least 3 months and get residency in that state. Then enter the UK using Treaty Rights as it overrides UK's internal laws.
This can be done via Ireland as many do due to the language. South Africans can enter Ireland without a visa and can apply for residency if the spouse is an EU member citizen.
1189
Shares / Re: My retirement blog.
« on: February 24, 2015, 06:28:36 pm »
For me it was simple as I have a Finnish passport but was more difficult for my wife as she has a SA passport. I had to exercise my EU Treaty Rights that state that your non EU spouse can travel and live with you in any EU member country except the UK. UK negotiated different border control laws for non EU spouses.
1192
Off topic / Re: Live chat
« on: February 20, 2015, 07:12:01 pm »
Looking at the chart, I see it made an artificial price spike that was quickly reversed. I think you took advantage of the time lap.
1195
The Investor Challenge / Re: Share price calculation
« on: February 19, 2015, 01:37:07 pm »
How could Levit Holdings buy STPROP today at 5100 when it opened at 5770 and never went lower.
1198
CML was very predictable in her youth as she was a momentum stock and not traded. Now she has become a trading stock as can can be seen on the large volumes traded per day and will follow traders technical charts to some degree.
My concern is that her purse is now full and cannot accommodate any more investments into her. So the Assets Under Management (AUM) will decrease. It has to as how is it possible to buy a stock on market for R100M? They now have to negotiate Off Market Bulk Purchase with the Co's concerned.
So now I am bowing out of CML but it is still a good stock and expect a modest 35% pa return for this year. Yes, this is great if you compare it to STXIND 23%
Topi 40 10% for the year.
The good green bodied candles and the MACD has made a buy on Short Term only.
Over 2 years:
CML 127%
INDI 60%
TOPI 35%
No bonuses paid to CML managers for the next results so I expect good earnings as I see that their UT's are doing exceptionally well over the benchmarks.
My concern is that her purse is now full and cannot accommodate any more investments into her. So the Assets Under Management (AUM) will decrease. It has to as how is it possible to buy a stock on market for R100M? They now have to negotiate Off Market Bulk Purchase with the Co's concerned.
So now I am bowing out of CML but it is still a good stock and expect a modest 35% pa return for this year. Yes, this is great if you compare it to STXIND 23%
Topi 40 10% for the year.
The good green bodied candles and the MACD has made a buy on Short Term only.
Over 2 years:
CML 127%
INDI 60%
TOPI 35%
No bonuses paid to CML managers for the next results so I expect good earnings as I see that their UT's are doing exceptionally well over the benchmarks.
1199
jaDEB requested a prediction for 2015 so here goes.
A brief history in time.---- Now this rings a bell. Some scientist said this. Perhaps Richard Dawkings or Richard Hawkings. I'm sure it was not Branson. Not sure but anyway. The reason why jaDEB asked me this is because he and I are the longest members of what he calls "The Dark Side"forum and he remembers how I hyped up CML since 2009 with much criticism as she was the only stock in my portfolio. I call her "She" as I was married to her. I had a blog there that I updated monthly with my actual money balance that I had in her with my withdrawals as I had retired early and relied on her performance.
As my balance grew over time, the criticism dwindled to the point that I got emails thanking me for pointing them to this relatively unknown stock trading at under R20 at the time. I did not mean to give advice. I was only giving my personal experience.
The reason I chose CML. Well, my managed account lost 45% of my "pension money" during the crash of 2008/9 so I as a dumbo with stocks was thrown in the deep end to do it myself. So I sold at the very bottom and went into cash then looked into past good momentum stocks and found CML to be the best to regain my losses. This was my pension money after all and I just could not make a mistake as I was not getting any younger. I was hell bent on recouping my loss.
I meant that to be a brief history but..... Anyway, I was on a good stock that more than met my needs and allowed me to retire in Portugal before I expected. She made about 1,450% returns but I actually did not do as well as that as I sold and re bought on occasions. Stupid me. Tax tax tax.
Sorry about the preamble and long post but I will give my opinion next.
A brief history in time.---- Now this rings a bell. Some scientist said this. Perhaps Richard Dawkings or Richard Hawkings. I'm sure it was not Branson. Not sure but anyway. The reason why jaDEB asked me this is because he and I are the longest members of what he calls "The Dark Side"forum and he remembers how I hyped up CML since 2009 with much criticism as she was the only stock in my portfolio. I call her "She" as I was married to her. I had a blog there that I updated monthly with my actual money balance that I had in her with my withdrawals as I had retired early and relied on her performance.
As my balance grew over time, the criticism dwindled to the point that I got emails thanking me for pointing them to this relatively unknown stock trading at under R20 at the time. I did not mean to give advice. I was only giving my personal experience.
The reason I chose CML. Well, my managed account lost 45% of my "pension money" during the crash of 2008/9 so I as a dumbo with stocks was thrown in the deep end to do it myself. So I sold at the very bottom and went into cash then looked into past good momentum stocks and found CML to be the best to regain my losses. This was my pension money after all and I just could not make a mistake as I was not getting any younger. I was hell bent on recouping my loss.
I meant that to be a brief history but..... Anyway, I was on a good stock that more than met my needs and allowed me to retire in Portugal before I expected. She made about 1,450% returns but I actually did not do as well as that as I sold and re bought on occasions. Stupid me. Tax tax tax.
Sorry about the preamble and long post but I will give my opinion next.
