7906
The Investor Challenge / Re: investor challenge
« on: November 18, 2013, 12:30:42 pm »Hey Patrick, JSE delays not playing ball again?
Well it is a Monday... Backup now on
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Well it is a Monday... Backup now on
7907
The Investor Challenge / Re: investor challenge
« on: November 15, 2013, 07:35:43 am »both - allowed to sell the rights or buy the rights shares
Giving the option would be a tough ask. I'd like to fix on one solution. Either assume everyone would sell their rights and just increase the total cash on hand, the easiest solution, if I can figure out what the sale price of the rights is. Option B is to assume everyone would exercise their rights and allocate the right amount of shares to people. This could be a little problematic as I have to do that before the next deposit, and let the cash go into negative until the deposit has been made.
What generally happens in a case like this, do most people exercise their rights or sell their rights? And if they sell, is there a standard price?
7909
Shares / Re: Pulverized Sand Box
« on: November 13, 2013, 04:03:50 pm »
Sometime you'll have to explain your one share at a time strategy, and let us know if it's working for you...
7910
The Investor Challenge / Re: investor challenge
« on: November 12, 2013, 08:52:30 pm »Patrick how are going to handle the Abl right issue. Can the holders take up their rights from their last deposit in december or will they just forfeit them and retain what they have
I'm hoping for some suggestions. What would be considered to be the fairest?
7911
The Investor Challenge / Re: Challenge closing date for 2013
« on: November 12, 2013, 07:28:06 am »20th Dec.... No problem. Are going to DHL my Bar One to me if I am still in the top 5?
20th it is, I'll be gearing up as a bike courier for all bar one deliveries
7912
Shares / Re: LDT - Dividend amounts and Last Day to Trade
« on: November 11, 2013, 09:37:35 am »
Finally found a useful source of data for the dividends: http://www.profiledata.co.za/moneyweb/sharedata/data/indicators/DividendWatch.htm
They should auto update now, apart from the non ZARc valued dividends.
They should auto update now, apart from the non ZARc valued dividends.
7914
The Investor Challenge / Re: investor challenge
« on: November 10, 2013, 09:50:35 am »I'm here to learn...competition or not
Code: [Select]
CML CORONATION FUND MNGRS LD 2737 7357 8380 13.9% R229,360.60 18.99%
FGL Finbond Group Ltd 44267 225 292 29.78% R129,259.64 10.7%
SOL Sasol Limited 639 46650 50598 8.46% R323,321.22 26.77%
STXIND Satrix INDI Portfolio 8273 4835 5202 7.59% R430,361.46 35.63%
VOD Vodacom Group Ltd 830 11850 11492 -3.02% R95,383.60 7.9%
Quite a good looking portfolio. Your only losing share is Vodacom, and their dividend will make up for that.
7915
Off topic / Re: fin24 dashboard closing down
« on: November 06, 2013, 07:37:40 am »
Never used the fin24 one, but I quite like ft.com: http://markets.ft.com/portfolio/all.asp
7916
Off topic / Re: retiring early
« on: November 06, 2013, 07:20:54 am »
I like his style, and unlike many others, he actually took the plunge and stopped working at 30... He's pretty US focused though, and it does seem that you have a better chance of retiring young there than pretty much anywhere else. High income, good investment vehicles, low tax and the ability to keep costs very low.
I like the idea of retiring young, not from work, but from my desk job. I quite like the idea of getting a paycheck, but I like the idea of deciding for myself how it's done even more. While I could pack up the bags and "head to Portugal" when my current contract ends in December, I have other plans (taking my boy around the world on a catamaran when he finishes school) so I'll need a pretty decent sized stash, and a contingency for the worst case scenario. Realistically I'll hang up the tie sometime during my 43rd year on this planet...
I like the idea of retiring young, not from work, but from my desk job. I quite like the idea of getting a paycheck, but I like the idea of deciding for myself how it's done even more. While I could pack up the bags and "head to Portugal" when my current contract ends in December, I have other plans (taking my boy around the world on a catamaran when he finishes school) so I'll need a pretty decent sized stash, and a contingency for the worst case scenario. Realistically I'll hang up the tie sometime during my 43rd year on this planet...
7917
Off topic / Re: Google ads
« on: November 06, 2013, 07:09:33 am »"iForex -- I made 2100% profit in 1 month...."
Sadly, these particular adds make it look like your site is trawling for the gullible. I know that's not the case but it does look a bit dodgy.
iforex.com has been blocked. Takes about 24 hours to take effect.
7918
The Investor Challenge / Re: investor challenge
« on: November 04, 2013, 03:18:52 pm »
I'm still confused. This is what I see (http://www.investorchallenge.co.za/com_holdings_public.php?user_id=234):
Code: [Select]
Code Name No. of shares Ave. cost (excl fees) Current price % growth Value % of portfolio
RDF Redefine Properties Ltd 19433 1013 1010 -0.26% R196,273.30 3.37%
RIN REDEFINE PROP INT LTD 607272 19 780 3914.31% R4,736,721.60 81.34%
Purchase date Code Name No. of shares Purchase price Cost incl. fees
2013-04-25 11:19:01 RDF Redefine Properties Ltd 9433 1060 R100,389.76
2013-11-01 20:49:11 RIN REDEFINE PROP INT LTD 600000 13 R78,312.00
Now it could be that the backup links are confusing things today, but surely either the number of RIN shares, or the price per share was incorrect. Or RIN should have not been purchasable on the 1st of Nov...
7919
The Investor Challenge / Re: investor challenge
« on: November 04, 2013, 02:24:19 pm »
Ah ok, somehow he bought on the 1st of Nov for 13c a share. I assume there was some hold on that day so it should have been impossible to purchase correct? If that's the case I'll just roll back the transaction.
7920
The Investor Challenge / Re: investor challenge
« on: November 04, 2013, 11:22:17 am »
Another early retiree!
Ok can someone try decode this sens:
http://www.sharenet.co.za/free/sens/disp_news.phtml?tdate=20131018114500&seq=21&scheme=default
Obviously I need to adjust the number of shares held, but I have no clue what the ratio is this time???
Ok can someone try decode this sens:
http://www.sharenet.co.za/free/sens/disp_news.phtml?tdate=20131018114500&seq=21&scheme=default
Obviously I need to adjust the number of shares held, but I have no clue what the ratio is this time???