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Messages - Orca

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436
Shares / Re: The Rand
« on: September 21, 2016, 09:25:43 pm »
As of now the ZAR has gained over 2% for the day and we have had 6 consecutive days of gains. Now who in their right minds will short the ZAR after a 9 month bull run.
Some traders do but only after an anomalous short term sharp strengthening and getting in on the rebound making it volatile.

Had it not been for our number one doing a No. 1 on the ZAR in his Nkandla toilet we would have a much stronger ZAR.

Interest rates in developed countries are next to nil and even negative so what do the fund managers do? Invest in EM's that have a superior interest rate at 6 to 8%. A no brainer for them. This will strengthen the ZAR.

To top it all, InBev has almost more money than the SA reserve bank has and now has to buy ZAR to pay the investors in ZAR.
This will take weeks of buying so expect more upside for the ZAR.





 

437
Off topic / Re: Live chat
« on: September 21, 2016, 11:08:15 am »
I read that in some financial site about 2 months ago. Think it was Moneyweb. Highly unlikely to get there though.

438
Shares / Re: My new LT CGT portfolio
« on: September 21, 2016, 11:04:26 am »
Here is an example.

439
Shares / Re: My new LT CGT portfolio
« on: September 21, 2016, 10:46:07 am »
@saints. You have to calculate the base cost yourself. I use the weighted average method but you can opt for the First in First out method.

Weighted Average: Add all the "Due By You" amounts on the contract notes and divide by the total number of shares. This will be your Base Cost. No need to work out costs as the "Due By You" amounts already includes this. When you sell, you use this base cost multiplied by the number of shares sold.

FIFO: Not recommended. You sell the first tranche that you bought first at the Base Cost you calculated.
Each batch will have a different Base Cost. If "Sell" amount is more than your first batch then you will have to use up the first batch and do a new calculation at the base cost of the next batch and so on. Very tedious method.

Tip: Keep a folder for each share for the Contract Notes and do your calculations in Excel and file it. Discard the Excel sheet when you top up the share and print an updated one. I will post an example of mine soon.

SARS has a Residence Based system so I pay no CGT to SARS.

440
Shares / Re: My new LT CGT portfolio
« on: September 20, 2016, 04:29:22 pm »
You will have to sell every 3 years not every year. One good thing about doing that will be that your base cost gets readjusted every 3 years so it won't be a huge tax bill if you hold for 15 years.

@jonb. I always look at the history of a stock and CSEW40 has none. Companies that increase their dividends every year can only be good growing companies. That is why I prefer DIVTRX over NFEMOM.
Also, the divies are better and I don't pay DWT on the foreign portion. 

441
Off topic / Live chat
« on: September 20, 2016, 11:02:44 am »
Real value of ZAR should be 8,2.

442
Off topic / Live chat
« on: September 20, 2016, 09:46:51 am »
The rand is still weak boet.

443
Shares / Re: My new LT CGT portfolio
« on: September 19, 2016, 06:58:41 pm »
Good to see that you have my 2 favorite shares there. Adaptit and CIL but you forgot PGR.

My entire pension is in the following:
ADI
CIL
PGR
DIVTRX at ~ 60%


444
Off topic / Re: Live chat
« on: September 14, 2016, 03:08:46 pm »
Both are iliquid penny stocks. In real life you would not be able to buy Stratcorp for 1c.

445
Off topic / Live chat
« on: September 14, 2016, 10:13:39 am »
Is it a public holiday today? Cant get prices on Sharenet or my broker.

446
Off topic / Live chat
« on: September 12, 2016, 09:52:07 pm »
But not if Zuma opens his mouth.

447
Off topic / Re: Live chat
« on: September 12, 2016, 09:50:44 pm »
If we don't have a good day Tuesday you can all "smite" me.

448
Off topic / Re: Live chat
« on: September 09, 2016, 07:22:27 pm »
http://citywire.co.uk/money/emerging-markets-roar-and-oil-soars-as-us-stutters/a947366?re=42087&ea=394747&utm_source=BulkEmail_Money_Daily_Summary&utm_medium=BulkEmail_Money_Daily_Summary&utm_campaign=BulkEmail_Money_Daily_Summary

449
Off topic / Re: Live chat
« on: September 09, 2016, 05:42:22 pm »
EM's soar this year. Brazil up over 90% despite being downgraded to junk. Russia up over 50% and SA by a mere 7%.

450
Shares / Re: CoreShares
« on: September 09, 2016, 12:37:54 pm »
They are extremely liquid at the prices quoted by the robots Not outside of them as there are not enough buyers and sellers.
The robots will note market movements and modify buy and sell quotes in the direction of the market movements  so you will not benefit from older market prices that have not yet moved. That is how ETF's work.

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