8206
Up and up and up... I want to buy more in June/July can't it just hold the increases till then 
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8207
Shares / Re: Pulverized Sand Box
« on: May 10, 2013, 09:35:57 am »
Most commodities I don't really understand. Gold for example I don't get. It looks pretty and people use it for gift and jewellery, but it only has a few really specialised uses. Copper on the other hand I get (I like building things with it: http://mybroadband.co.za/vb/showthread.php/485176-My-new-toy). It has a job to do. Demand is climbing at an accelerated rate, and will keep doing so as more and more EVs are put into production, and china keeps increasing the rate of electrical appliance manufacturing. I would expect the copper price to start behaving like the oil price in the long term.
8208
The Investor Challenge / Re: New feature requests go here
« on: May 09, 2013, 02:37:17 pm »Can you show the ALSI on the investors page so that we can see if we are at least beating the ALSI
I would love to if I could just figure out how. It would mean monthly purchases of R100k, but then the question is when do you purchase because timing would be everything... I noticed one user called SAFEX40 is doing something close. Buying just satrix40 shares pretty much at month opening. Don't know who he is, but I'm glad he's doing that. For me that's the target to beat.
8209
The Investor Challenge / Challenge closing date for 2013
« on: May 09, 2013, 10:41:51 am »
This notice might be a little premature, but I like putting the cards on the table early.
Obviously the end of the competition is going to mean I need to do some admin work before the next round kicks off. So either I'll have to end the comp a week before the end of the year, or start the next a week after new year. My suggestion is to close the competition on Friday 20 December and use that days leaderboard as the final standings. That way the new challenge can kick off as soon as markets open on the 2nd on Jan 2014.
Obviously the end of the competition is going to mean I need to do some admin work before the next round kicks off. So either I'll have to end the comp a week before the end of the year, or start the next a week after new year. My suggestion is to close the competition on Friday 20 December and use that days leaderboard as the final standings. That way the new challenge can kick off as soon as markets open on the 2nd on Jan 2014.
8210
The Investor Challenge / Re: Meaning of greyed out names - Leaderboard ?
« on: May 08, 2013, 10:21:40 pm »
Ok let's look at the first issue, hiding your holdings. Since it seems that practically everyone wants everything visible I suggest the following. Instead of allowing the holdings to be hidden, we allow members to put a delay on the holdings, so you can only see what they've bought a week or two (is that long enough) later.
Now as this would be a rule change mid-competition, something I don't really like, we handle it democratically. I'll start a vote next week, and put a notice in the monthly deposit email asking members to vote. Then we give it until mid June to give everyone a chance to vote. As it's a change, we'll deal with it like a constitution change. Ie we need a two-thirds majority to change the rule.
Does that work for most?
On the penny share issue I'll let the debate continue for a while since feelings still appear mixed.
Now as this would be a rule change mid-competition, something I don't really like, we handle it democratically. I'll start a vote next week, and put a notice in the monthly deposit email asking members to vote. Then we give it until mid June to give everyone a chance to vote. As it's a change, we'll deal with it like a constitution change. Ie we need a two-thirds majority to change the rule.
Does that work for most?
On the penny share issue I'll let the debate continue for a while since feelings still appear mixed.
8211
The Investor Challenge / Re: Meaning of greyed out names - Leaderboard ?
« on: May 08, 2013, 05:20:51 pm »at least leave the alt x shares out of the game
Thoughts from the others?
tgg78703 do you know where I could find a list of the altx shares?
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Neat idea Patrick - How far in the future should we list these? Currently we are listing for the week ahead only, but data is available for a good many weeks ahead.
Doesn't really matter, as far as suits you. For the competition I'm just going to wait until the Saturday morning after the LDT and allocate dividends to everyone who bought the share before the LDT date.
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Just in case someone doesn't realise that there is a new first post... Please take a look. If you could update that table with the LDT values we'll only have to check the very first post. The table is displayed from newest to oldest, and right at the bottom of the table are the fields to add dividends. Anything added to the table will also automatically be created as a post here.
Thanks,
Patrick
Thanks,
Patrick
8214
The Investor Challenge / Re: Meaning of greyed out names - Leaderboard ?
« on: May 08, 2013, 12:46:36 pm »Close out value of shares at end should be what the last buyer is prepared to pay and not last sale
Any idea where I would get that info on a public website?
8215
The Investor Challenge / Re: Meaning of greyed out names - Leaderboard ?
« on: May 08, 2013, 10:12:31 am »a penny share that hardly trades?
A very strange trade was taken. The share was on 2c, and someone bought 5000 shares at 3c. Why on earth would anyone spend R150 on a penny share when the fees would be just about as much. I can't imagine someone would do that just to get to the top of the leaderboard, but you never know I guess, maybe they have some money riding on a personal challenge...
Thoughts on how to deal with cases like this?
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The Investor Challenge / Re: Meaning of greyed out names - Leaderboard ?
« on: May 07, 2013, 03:24:50 pm »
They've decided to hide their holdings. Check at the bottom of the holding page, the option is there. I imagine you're asking because of the new leader. He got lucky with a penny share!
A couple of people suggested the hiding option should be taken away, obviously those in hiding will disagree. I won't change it this year, but haven't decided on next year. Thoughts?
A couple of people suggested the hiding option should be taken away, obviously those in hiding will disagree. I won't change it this year, but haven't decided on next year. Thoughts?
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Shares / Re: Long term investments
« on: May 07, 2013, 12:54:05 pm »
I have some money coming in a couple of months after a property sale. I'm busy debating whether to go with an etf like the satrix indi or picking some shares.
If I go shares my thoughts are as follows:
CML - It's done well, future prospects look good and I really don't see it underperforming the market in the next 3 years.
SAB - Solid company, expanding, a fair amount of income from offshore sources.
Aspen - Wish I had the money about a month ago as I was planning on aspen then. Recently bought licenses to nestle SA infant formula. I imagine it will benefit from the new healthcare plan in SA. The only concern I have here is the p/e is too high right now.
Invicta - There's another thread on it here with all the reasons. I like the look of it for a long term share.
WHL - I like their business model of smaller stores in more areas. Great history too. I do a lot of travelling in southern africa, and I can see them expanding in similar ways to how shoprite has done over the last few years.
Any comments?
If I go shares my thoughts are as follows:
CML - It's done well, future prospects look good and I really don't see it underperforming the market in the next 3 years.
SAB - Solid company, expanding, a fair amount of income from offshore sources.
Aspen - Wish I had the money about a month ago as I was planning on aspen then. Recently bought licenses to nestle SA infant formula. I imagine it will benefit from the new healthcare plan in SA. The only concern I have here is the p/e is too high right now.
Invicta - There's another thread on it here with all the reasons. I like the look of it for a long term share.
WHL - I like their business model of smaller stores in more areas. Great history too. I do a lot of travelling in southern africa, and I can see them expanding in similar ways to how shoprite has done over the last few years.
Any comments?
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Shares / Re: Welcome to the share forum
« on: May 06, 2013, 08:01:22 pm »Hey Patrick .... u have adds ..... "Are you a Stock Investor?" ... nice congrats.... man......
Thanks yeah, still early days, but so far it seems like I'm getting 2500 page views per day between the forum and the competition. I'm not sure how profitable they'll be, but I'm expecting to cover the server costs. Now hopefully a bunch more people will join so I can actually make a profit here (well not if I cost out my time of course
, but at least money in rather than out!).
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Shares / Re: Big 4 Banks - Relative Valuation Comparison
« on: May 06, 2013, 10:30:05 am »
Yeah I gathered that 
. I'm just wondering where you got the average as it's data I've been looking for too and I haven't found a website that has historical P/Es or NAVs.
. I'm just wondering where you got the average as it's data I've been looking for too and I haven't found a website that has historical P/Es or NAVs.
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Shares / Re: Big 4 Banks - Relative Valuation Comparison
« on: May 06, 2013, 09:17:49 am »
Mind if I ask where you get the historical number from?