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31

Shares / Re: Share Buyback

« on: March 11, 2015, 12:53:37 pm »

Repurchased shares are sometimes held as treasury shares and later used for acquisitions. They will then not need to issue new shares - which negatively affects the share price, also they don't have to raise cash for the acquisition either.

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Off topic / Re: Live chat

« on: October 05, 2014, 11:40:46 pm »

rate hike quicker than you think for US then?

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Off topic / Re: Live chat

« on: August 26, 2014, 10:10:22 am »

I'd be happy with 1500c. A steady move up to about 1800c (in about a week) and I'm out.

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Shares / Re: Red Hot Penny Shares.

« on: August 21, 2014, 10:06:51 am »

Many novice investors get duped by them - this often puts them off for life. RHPS gives the public a warped idea of what investing is all about.

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The Investor Challenge / Re: Looks who's article is on news24

« on: August 13, 2014, 10:36:17 am »

Well done Patrick!

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Shares / Re: African Bank

« on: August 11, 2014, 10:20:49 am »

could be a while before the suspension is lifted - depends on what the criteria is for the suspension to be lifted - at worse I recon it is when the underwriters get out of the deal - not sure how they could agree to this (seemingly so easy). Abil will look completely different then.

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Off topic / Re: Live chat

« on: August 08, 2014, 12:43:32 pm »

Quote from: jaDEB on August 08, 2014, 11:59:32 am

Yip, mean in reality.

Noted. Very risky.

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Off topic / Re: Live chat

« on: August 08, 2014, 11:35:13 am »

Quote from: jaDEB on August 08, 2014, 08:28:06 am

Gold @ 1321 - good luck to all that bought ABL yesterday.

Don't think any1 could as it was not in the list cause it was under 100c

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Shares / Re: African Bank

« on: August 08, 2014, 11:33:01 am »

Just look at the bottom of the leaderboard ... some guys have less than 100K - YOU'RE FIRED

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Off topic / Re: Live chat

« on: August 06, 2014, 11:57:15 am »

For comp ... thinking of going all in with ABL ... I'm far down the leaderboard so why not

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Off topic / Re: Live chat

« on: July 21, 2014, 09:12:23 pm »

Not sure Peter01, I'm not familiar with them.

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Off topic / Re: Live chat

« on: July 18, 2014, 03:06:11 pm »

Quote from: Peter01 on July 18, 2014, 12:55:02 pm

I see Alexander Forbes had its IPO, when could we start trading in its shares?

The settlement date and expected listing date of Alexander Forbes, subject to achieving a spread of
shareholders acceptable to the securities exchange operated by the JSE Limited, is expected to be
Thursday, 24 July 2014 (the “Listing Date” or “Settlement Date”). Any change in that date will be announced
on SENS.

Based on a total of 1,302,356,263 Alexander Forbes ordinary no par value shares outstanding at the
Settlement Date, the Offer Price implies a total market capitalisation of R9,768 million for Alexander Forbes.

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