1591
Shares / Re: Metair. Titan or Titanic?
« on: February 12, 2014, 05:59:13 pm »
Hotstoxx chose MTA as Extremely Hot to Hot yesterday. 
Saw it myself on TV.
Saw it myself on TV.
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1592
Off topic / Re: Live chat
« on: February 12, 2014, 05:48:21 pm »
I sold some at R82 in Nov and bought more MTA. Will do the same in new tax year. CML is overweight in my port.
1594
Off topic / Re: Live chat
« on: February 12, 2014, 10:00:21 am »
65% of my portfolio is in CML and that is a bit too high.
1598
Shares / Re: Stock trading and investment buying strategies.
« on: February 11, 2014, 10:50:12 am »
You are absolutely correct. That is the reason I would never touch resources. Candle patterns by themselves do not move stocks in a certain direction. It is the traders that act upon the patterns. We all know that.
1599
Shares / Re: Stock trading and investment buying strategies.
« on: February 10, 2014, 07:06:23 pm »
Now here is my favorite. CML. This is a different kettle of fish to predict. I haven't seen any candle patterns on it so I used the 20ma for years as she would always bounce off it upwards. This is particularly true for non volatile stocks. The more volatile, the longer MA you should use. Some work on the 50ma. You just have to find it. The long term 200 or 150ma works well on the TOPI and IND25. Too high above it and they will retract back down.
Back to CML. Since June last year when she broke down through the 20ma, she has become more volatile and does not respect that MA at all now. Freely flying through it with no hesitation at all.
Now look at the Bollinger Bands. The bottom BB has become her support and she now always bounces off it and heads for the top BB to bend it upwards as she goes higher. She never bends the bottom BB down. The middle line is the 20ma.
Back to CML. Since June last year when she broke down through the 20ma, she has become more volatile and does not respect that MA at all now. Freely flying through it with no hesitation at all.
Now look at the Bollinger Bands. The bottom BB has become her support and she now always bounces off it and heads for the top BB to bend it upwards as she goes higher. She never bends the bottom BB down. The middle line is the 20ma.
1602
Shares / Re: Metair. Titan or Titanic?
« on: February 10, 2014, 05:50:34 pm »So in 5 weeks time MTA will be trading at a nice fat discount to it's SP?
Public Investment Corporation, Investec and Coronation have made major acquisitions in Metair long after MTA made this announcement in a SENS. They all understand why the HEPS will be very low as do most of the major investors.
The FY report ended end Dec before their R207B Turkish acquisition could add to profits.
So it might be priced in.
1603
Shares / Re: Metair. Titan or Titanic?
« on: February 10, 2014, 03:53:32 pm »
Results out in 5 weeks. Expect around zero % profits due to costs of their Turkey acquisition and the 2 month strike. A trading statement should confirm this soon.
1604
Shares / Re: Stock trading and investment buying strategies.
« on: February 10, 2014, 11:49:24 am »Orca,Do you have any short term buying signals for Metair?You did mention before that its not really a trading stock,so maby any signals wont be valid?
All I can see from technicals is resistance at 4500. Nothing else. Volumes are too low still but growing.