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brait

Brait has been in a bear run with no indication of a reversal and with their exposure to the sterling she may continue for a long time. Never buy stocks that are in a bear mode until a reversal is confirmed.

ZAR at 13.5 and cannot break below it despite attempts to do so by mere blips. Some months back I said it would get to 13.5 and not go lower as it has reached its resistance. This happened and if Zuma keeps falling asleep at Parliament sittings or sleep ins at parliament the ZAR will be safe to go to 13.4 or if Zuma keeps sleeping   
It may well get to 13. 2 or lower.
Now is the time to chuck your money at the TRUMPED UP DOLLAR but it might not be a good move. Time will tell. I just don't know.

I had to drastically change my portfolio since 2013. MTA started tanking due to the Syrian war. A PNC director had bribery charges against him and she too tanked. OMN just went out of favour.
Here is a 1 yr chart of what I had for 2016 and still have today. Note that it does not include divies so I added 3%. DIVTRX is 75% of my portfolio and my best performer after the exchange rate of course.

Last week SA was Bloomberg's 2'nd best choice for investment growth for 2017 and now this;
https://businesstech.co.za/news/finance/149353/rand-named-one-of-top-currencies-to-invest-in-2017/

Well, we managed to get to the UK and back over the holidays despite me having concerns about my wife's ability to get into the bus to get to the airport and then getting into the plane.
The ever so friendly airport staff put her into a wheelchair and wheelied her to the assistance section from where we were the first to enter the plane via a special lift. So cool.

We arrived in the UK after a 2 hour flight and had to wait for all to disembark via the stairs before we were taken down with the lift.

The ever so unfriendly UK customs staff as always snubbed my wife off for not having a visa but we were expecting this. They called their supervisor who told us that the UK was not a member of the Schengen free movement agreement so my wife would need a visa.
When I told her that we are not using the Schengen system but the EU regulation on free movement of a spouse of a EEU member state citizen (me) and my wife has a bio metric Portuguese Residency card, she quickly signed her entry card and shuffled off without a word.

The word got out here that customs and immigration has been briefed to make it as difficult as possible for anyone to enter the UK. So I was expecting it. What is so funny is that when we departed, we were hassled to a degree that I thought they wanted to deport my wife back to Portugal although we were on our way there.

I have more to say but this is getting longer than an attention span can take.



 

Thanks Moon and jaDEB. 

Seems Reuters have removed their free charting. Anyone know where I can get charts? I like jaDEB's charts but don't know where he gets them.

In the comp we get paid divies on LDT day and not when the actual payment gets paid or when the price goes ex divie. Lamak sold before ex divie day and scored that way. The Record Date for IPF was 15th and he sold on the 13th which was the LTD day. The payment date was 19th. This will never work in real life.