2176
Shares / Re: Esor Franki (ESR)
« on: July 03, 2013, 05:21:25 pm »
She's determined to reach 1c. Buying this is like gambling and you will loose. Only buy up trending stocks on dips.
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.
2177
Shares / Re: Long term investments
« on: July 03, 2013, 02:21:03 pm »
Got a list of the best performing funds over 6 months. Two of my 3 funds are listed here. CML and PNC. I will have to do some research on these to find the best one to replace my MTA.
2178
The Investor Challenge / Re: investor challenge
« on: July 02, 2013, 07:22:35 pm »A threesome? Sies Patrick. I only do onesomes.Orca & Patrick, please stop playing footsie on the leader board.
Don't feel left out, come join us
Moneypenny, with the Indi as your largest fund, you just cannot win but will be at a respectable level. Add to your other funds.
2180
Another tax question.
If you have your account managed by a brokerage firm in their Managed Portfolio Account such as Imara SP Reid has, and they often swop stocks then you are considered a trader. Losses and gains must be added to your other income.
If you have Unit Trusts that you keep for 10 years and although the stocks within the UT's are also sold and replaced from time to time, you will not be liable for tax until you sell the UT.
Am I correct?
If you have your account managed by a brokerage firm in their Managed Portfolio Account such as Imara SP Reid has, and they often swop stocks then you are considered a trader. Losses and gains must be added to your other income.
If you have Unit Trusts that you keep for 10 years and although the stocks within the UT's are also sold and replaced from time to time, you will not be liable for tax until you sell the UT.
Am I correct?
2181
I'm curious Orca, it doesn't look like you added any PNC in the competition this month. Why not?
New auto sales picked up in June so I added to MTA. She has been flat for a long time and should pick up soon.
2183
Help Moon. Just got this email from SARS.
Dear Taxpayer
Taxpayers earning less than R250 000 a year may not have to submit a tax return this year
1 July marks the beginning of Tax Season. As from this date taxpayers can submit their Income Tax Return (ITR12) to the South African Revenue Service (SARS). The good news this Tax Season is that the annual income threshold for submitting a tax return has been raised from R120 000 to R250 000.
This means that any taxpayer earning R250 000 or less during a tax year (1 March to the end February the next year) may not need to submit an income tax return as long as they also meet the requirements listed below.
· You earn a salary from only one employer (i.e. you get only one IRP5 or IT3A certificate)
· You don’t have any other form of income (e.g. interest or rental income)
· You don’t want to claim any tax deductions (e.g. medical expenses, retirement annuity contributions or business travel expenses).
And according to our records from last year you may be one of those taxpayers who no longer needs to submit a tax return to SARS! So if nothing has changed in your tax affairs since last year – and your income for the year is still under R250 000 – you don’t need to complete and submit a return this year.
Dear Taxpayer
Taxpayers earning less than R250 000 a year may not have to submit a tax return this year
1 July marks the beginning of Tax Season. As from this date taxpayers can submit their Income Tax Return (ITR12) to the South African Revenue Service (SARS). The good news this Tax Season is that the annual income threshold for submitting a tax return has been raised from R120 000 to R250 000.
This means that any taxpayer earning R250 000 or less during a tax year (1 March to the end February the next year) may not need to submit an income tax return as long as they also meet the requirements listed below.
· You earn a salary from only one employer (i.e. you get only one IRP5 or IT3A certificate)
· You don’t have any other form of income (e.g. interest or rental income)
· You don’t want to claim any tax deductions (e.g. medical expenses, retirement annuity contributions or business travel expenses).
And according to our records from last year you may be one of those taxpayers who no longer needs to submit a tax return to SARS! So if nothing has changed in your tax affairs since last year – and your income for the year is still under R250 000 – you don’t need to complete and submit a return this year.
2184
See my fishies is recovering, bought at R90 and OCE now R87, was R90 high today.jaDEB. OCE is often on the Biggest Movers of the day up and down but the trend has been UP for long time. Just hang in there.
2185
The Investor Challenge / Re: investor challenge
« on: July 01, 2013, 06:14:20 pm »Thanks Bundu, I'll correct it on the next email.
Orca your prediction about CML not going higher seems to have been off. Consequently, other than one share wonders and the penny share fakers, you're currently the accepted leader...
Don't talk too soon Patrick. CML does on occasion go too high above the sma but she is scared of heights and will retract back. The higher she goes, the longer the fall. This is one stock that respects the 20SMA and hopefully, as she normally does, she will bounce off it.
ATM she is pushing the BB up higher than the SMA can follow and this is not good.
2188
Another great stock to have in one's portfolio is Pinnacle Technology. An unstoppable, high growth Co. with forward thinking management at the helm.
Their frequent acquisitions will ensure long term profitability of the Co. The most recent one was 30% of Datacentrix which they acquired last month and paid R237M in cash. In Dec. last year they acquired JAG Engineering.
Here is a 3 year chart that compairs it to CML.
Their frequent acquisitions will ensure long term profitability of the Co. The most recent one was 30% of Datacentrix which they acquired last month and paid R237M in cash. In Dec. last year they acquired JAG Engineering.
Here is a 3 year chart that compairs it to CML.
2189
The Investor Challenge / Re: investor challenge
« on: June 28, 2013, 07:06:46 pm »
Oops. I just let one off there. Close your nose Patrick 
2190
Shares / Re: Aspen Pharmacare
« on: June 28, 2013, 12:24:28 pm »Why did we miss this one?
Haha funny enough we didn't. I just posted in the long term thread reminding about my choice
Orca I'm breathing down your neck in the contest!
Yea. But I'll be eating your dust soon. CML just cannot go any higher at this stage.