Share Forum - Discuss JSE shares and join the Investor Challenge

I have always used the Momentum and Trend system with good success to date. This MUST be coupled to fundamentals as well. Future prospects for further growth is very important.
Not putting a feather in my cap but was it not me that exposed CML as the stock of the future in 2009 on the other forum? I had a "blog" on it since 2009. It was a relatively unknown stock then. Look at it now.
Your system of looking for stocks that are oversold does not always work. Look for stocks that JUST KEEP GOING UP AND UP. They are the winners. There is a reason why they keep going up and up.
OMN is a good example. Look at the chart and read up on it. A steady growth of +- 60% pa.
MTA is another. (The next CML)

Stay away from those TOPI stuff and cyclical stocks. Look at the 3 year charts for a continuous uptrend then do research.

Bet i will get flack here. 



 

In my book, all those above the STXIND are winners and beating most Fund Managers.   

Not talking about the 1c and 2c Penny stock holders. 

Aragorn, if I read you correctly, you are saying that ETF's are exempt from the 3 year thingy?

I still have just over a year to go for the 3 year period. My CML gains are massive so selling now would attract tax of about R200k.
Between a rock and a hard place now.

Thanks Bunbu. I don't intend selling when I leave but it does remind me about the Exit Tax. What a bummer. I will have to "deem" all my assets as "sold" on exit and pay CGT or income as in my case.

Yes. I agree with MP Patrick. 
You should have built the competition smaller. That way we will all be higher up all the time.

Weakening $ ?

NPN was being discussed on Business News and the others were not mentioned.

Thanks XXXXX. I will read those sections but don't think it applies to me as I don't want a reduction. I want SARS to take my R170k tax loss for 2009 into consideration going forward.
The letter also states:
"In terms of section 99(1)(a) read with section 100(1)(b) of the TAA, the assessment is final and conclusive".

My only hope is that the new Draft bill on 5 year Prescription period for "Self Assessment" tax for Income Tax gets gazetted soon.