Share Forum - Discuss JSE shares and join the Investor Challenge

I'm also hoping he wins. If you pay tax when you earn, and pay tax on any money made while investing, why should you have to pay again when you leave.

I can get my salary paid into a US account (tax exempt, my NGO has an agreement with the government), and from there invest it where I choose. I've been putting it firstly into my bond, and now into the JSE but I'm starting to rethink what I do with it now.

I'm an ETF person, so I don't want to pick individual shares, but I need to think about which markets ETFs I'd like to invest in. Any thoughts?

I was too busy to pay attention to the markets today, but what the bleeep happened out there today? I took nearly a 3% knock overall, and my watchlist looks like an episode of spartacus!

If you are wondering about the huge jump up and then back down the leaderboard today, it's due to the fact that Central Rand Gold changed the way they value each share. The change in every day english, is that for every 50 shares you had, you now have 1.

If you had them in your portfolio you'll see the change. Hope you enjoyed the day waaaay on top of the leaderboard, and did some good bragging for a while too 

Here's the SENS announcement:

(b) in relation to the register of members of the Company maintained in South Africa:
(i)
49 of every 50 Ordinary Shares held by a member as at 5.00 p.m. (South African time) on Friday, 14 June 2013 shall each be redesignated as Deferred Shares;
(ii)
any Ordinary Shares held by a member who, as at 5.00 p.m. (South African time) on Friday, 14 June 2013, holds less than 50 Ordinary Shares shall each be redesignated as Deferred
Shares; and
(iii)
any additional Ordinary Shares held by a member following the redesignation in sub-paragraph (b)(i) above shall each be redesignated as Deferred Shares.

Seems to have happened yesterday, but there must be some error somewhere as if I log onto fnb ittells me buyers 4c sellers 6c , sharenet says buyers R1.70 sellers R1.90.

There also appears to be a calcualation error on gizmmo,s  portfolio, he does not own own crd, I get to his toal holding when adding up his portfolio or is something not showing

Absa also has R1.70 and R1.90. Quite strange. No calculation error on gizmmo's profile, he's just delaying his holdings by 14 days, and only bought CRD recently.

Patrick, my screen is not working again. Last I checked I was about 317th, where is I now? 

Can you speak a little louder, I can't hear you over that clanging sound

Patrick. If most people have equities, would it not be great to have an index in the "Groups" to beat? I vote the INDI.

Not sure I follow you here, the INDI and the top40 are on the leaderboard already, explain.

If there is a rights issue on a stock example RBA, will this come through on the our portfolio's or will this not cater for it in the investor challenge?

Tough one, could you explain in english what it means? If I understand right, all holders will get 28.69 shares per 100 shares held? What happens to people who are due fractions of a share?

How would you imagine it should be handled?