Share Forum - Discuss JSE shares and join the Investor Challenge

CR has no authority to send Zuma or anyone to jail. He has achieved so much in 1 month however. He kick started a process that may take years to resolve.

ZAR opened up 11c lower than previous close so it might at some stage want to close it again. Sub 12 is inevitable though.

Oh my goodness. You guys are living in a Turd World country. Not Shithole at all. 

Thanks for the explanation. Looks easy to follow. Yes. Sigh. 

My stock picks have been dismal. Three of my 4 are negative but luckily my winning one is DIVTRAX and it is about 70% of my portfolio.

Portugal takes the exchange rate into consideration for CGT whereby the cost is converted to Euros on day of purchase and so far it is to my advantage. This is not the case for SA residents with foreign investments. You have to use the simplified calculation that effectively rules out currency movements.
 

Of the 12 Computer Services stocks 9 are suspended and only 3 survive but with low PE ratios and downtrends. No reason for this except EOH.

The JSE is a gambling casino nowadays with politic and corruption going on and no one can predict anything anymore. You never know what is going to happen tomorrow.

Going for companies that pay high dividends, CML comes to mind. They have very little capex and can afford to pay substantial dividends. They also cannot make new acquisitions as they are already too bloated so they have no need to skimp on dividends.

Only problem is that if we get downgraded to total crap then a very quick exit by foreign institutional investors will have to happen by there countries laws. I strongly doubt this will happen.

If you want a monthly income then look at Preference Shares or DIVTRAX  that tracks stocks that consistently increased their dividends. 

Companies that consistently increase dividends can only be good growing companies like ummmm....Steinhoff.