Share Forum - Discuss JSE shares and join the Investor Challenge

A few more items that may need attention -
1.
At cash holdings of R400K, buying @ 260 per share allows you to purchase up to 153230 shares. Calculate it out and you have available cash of R 8.41 thereafter, so you could have bought 153233 shares. Seems you calculate the max shares allowed based on the max comm you will pay on the total available cash holding. Not a major issue.
2.
At cash holdings of R 94.86 you appear to allow the purchase of 1049 shares @ 9cents - Seems you are not taking the minimum comm of R120.00 into consideration at clculation of what you can purchase. (You do prevent the actual purchase from going through though). Not a major issue either.
3.
My previous blog comment is no longer viewable - was it cleaned/deleted?

Nothing else to report, all other calculations appear in order (although I have not bombarded the site with all variations).

Great job.

1. Yep, that's what Idid, right before thinking nobody would ever notice!
2. Hmm, I'll have to double check.
3. Yep.

Definitely need lines between the shares or an alternating background shade on the purchase page (already mentioned by someone above)

Done.

Include something on the front page about the portfolio valuation methodology - (Semi-live, closing price or whatever)

Done, but I'll have to re-write it when I'm more awake...

Please acknowledge the source of the pricing data - The JSE is very particular about who uses their data and how it was sourced - you might need to get permission from them to re-publish the data even though they provide it on a public web site and it is delayed.

Done, I've also sent them a mail asking if they're ok with that. If not I'll take the prices from another site, it'll just mean a fair amount of extra work.

Thanks so much for the input guys.

Are you sure you want to be spending all day approving/rejecting blog comments? Would it not be easier if only registered users were allowed to add, and then remove moderation/approval from this?

True

I would still like to validate the calculations etc., e.g. purchase fees and price updates. Suppose that can only be conclusive after the overnight price update (I am assuming you update on the daily close?) I would recommend a start date of 1st May (with R500K if you'd like) if all else is equal. That should also give you enough time to "advertise"? However, knowing developers - you'd want this live today if possible - gotta show off the work 

I update every 10 minutes, from the JSE website which updates every 15 minutes, so at best we're 15 minutes late with prices, at worst 25 minutes late... For the calculations I'm not bothering with strate or vat as the amounts are so small.

I would recommend a start date of 1st May (with R500K if you'd like) if all else is equal. That should also give you enough time to "advertise"? However, knowing developers - you'd want this live today if possible - gotta show off the work

You know us well!

On the point I forgot previously, letting people see all the members holdings, I'm not sure. If it's a competition, someone may not want someone else copying his purchases. I have a few options: Keep everything closed; Show the previous months trades, but not the current months; Give the user the option if he wants to share. Maybe I'll bring it in for a vote once people actually start using the site.

I'll give it a go - being a Tester in my day job has it's benefits.

Thanks, you should have access, try the link above.

I think it's about ready to go, but I know better than releasing untested code onto the masses 

So I'm looking for volunteers to give it a quick run through. 

No need to worry about making wise choices now as I'll be cleaning the database before the real go-live date, so you can be as brave as you like. Even as far as buying some Telkom!

If you're keen to help reply here and I'll add you to the private challenge section.

Cheers

I'd like to incorporate it into the competition I'm working on, but I'm struggling to find the details.Anyone know of a good site I can scrape from?

I see you're quite the unix guru

How slow is slow for you? No delay here for me either. The only change I've made in the last 24 hours was the google search bar I added, doubt that would affect things.

I do see some packet loss on mtr, but I'm getting pretty much 100% of my pings back. Here's my traceroute to compare:

patrick@patrick-laptop:~$ traceroute www.shareforum.co.za
traceroute to www.shareforum.co.za (108.174.145.70), 30 hops max, 60 byte packets
 1  192.168.1.1 (192.168.1.1)  14.686 ms  14.653 ms  14.997 ms
 2  10.11.227.107 (10.11.227.107)  19.572 ms  25.860 ms  25.850 ms
 3  69.67.38.81 (69.67.38.81)  26.780 ms  38.315 ms  38.321 ms
 4  41.202.49-21.reverse.CMCNETWORKS.NET (41.202.49.21)  38.300 ms  38.293 ms  38.270 ms
 5  69.67.32.45 (69.67.32.45)  39.618 ms  39.607 ms  45.342 ms
 6  69.67.32.83 (69.67.32.83)  48.201 ms  9.130 ms  9.936 ms
 7  41.202.37-204.reverse.CMCNETWORKS.NET (41.202.37.204)  180.204 ms  180.102 ms  193.277 ms
 8  41.202.53-177.reverse.CMCNETWORKS.NET (41.202.53.177)  198.760 ms  198.785 ms  200.706 ms
 9  41.202.32-77.reverse.CMCNETWORKS.NET (41.202.32.77)  200.691 ms  200.666 ms  207.933 ms
10  GIG-0.0.ldn-ipa-2.CMCNETWORKS.NET (69.67.34.14)  207.868 ms  207.853 ms  207.824 ms
11  gigabitethernet5-0.106.gw1.lnd6.alter.net (158.43.52.221)  269.916 ms  270.713 ms  274.127 ms
12  ge-7-2-0.XT2.LND9.ALTER.NET (158.43.236.133)  274.090 ms  251.782 ms  252.686 ms
13  xe-11-0-0.BR1.PAR7.ALTER.NET (146.188.5.78)  190.510 ms  190.072 ms  188.644 ms
14  prs-b5-link.telia.net (213.248.90.245)  190.493 ms  200.040 ms  201.894 ms
15  prs-bb2-link.telia.net (213.155.130.22)  201.866 ms prs-bb1-link.telia.net (213.155.130.20)  274.037 ms  277.424 ms
16  ash-bb4-link.telia.net (80.91.254.214)  277.413 ms ash-bb3-link.telia.net (80.91.252.36)  274.306 ms ash-bb4-link.telia.net (80.91.254.214)  263.705 ms
17  ash-b1-link.telia.net (80.91.248.161)  335.490 ms ash-b1-link.telia.net (80.91.248.163)  284.345 ms ash-b1-link.telia.net (80.91.248.159)  308.716 ms
18  xe-3-0-1.bbr01.eq01.wdc02.networklayer.com (213.248.78.130)  262.549 ms  270.918 ms  328.009 ms
19  ae0.bbr01.tl01.atl01.networklayer.com (173.192.18.153)  286.347 ms  288.727 ms  285.345 ms
20  ae13.bbr02.eq01.dal03.networklayer.com (173.192.18.134)  310.708 ms  306.097 ms  316.051 ms
21  ae5.dar02.sr01.dal05.networklayer.com (173.192.18.217)  320.386 ms  327.491 ms ae6.dar01.sr01.dal05.networklayer.com (50.97.18.195)  293.635 ms
22  po1.fcr04.sr03.dal05.networklayer.com (173.192.118.149)  299.555 ms  306.767 ms po2.fcr04.sr03.dal05.networklayer.com (173.192.118.151)  308.765 ms
23  108-174-145-70.worldwidewebhosting.com (108.174.145.70)  302.793 ms  303.510 ms  326.213 ms
patrick@patrick-laptop:~$

patrick@patrick-laptop:~$ mtr -r -c5 shareforum.co.za
HOST: patrick-laptop              Loss%   Snt   Last   Avg  Best  Wrst StDev
  1.|-- 192.168.1.1                0.0%     5    9.0   4.5   2.6   9.0   2.8
  2.|-- 10.11.227.107              0.0%     5    3.0   3.8   3.0   6.9   1.7
  3.|-- 69.67.38.81                0.0%     5    5.7   4.8   3.8   6.3   1.1
  4.|-- 41.202.49-21.reverse.CMCN  0.0%     5    5.0   5.6   5.0   6.6   0.8
  5.|-- 69.67.32.45                0.0%     5    5.0   7.2   5.0  15.0   4.4
  6.|-- 69.67.32.83                0.0%     5    7.8   9.3   5.8  17.1   4.6
  7.|-- 41.202.37-204.reverse.CMC  0.0%     5  177.0 176.8 175.5 179.1   1.5
  8.|-- 41.202.53-177.reverse.CMC  0.0%     5  176.2 175.9 175.6 176.3   0.3
  9.|-- 41.202.32-77.reverse.CMCN  0.0%     5  176.1 175.6 175.2 176.2   0.5
 10.|-- GIG-0.0.ldn-ipa-2.CMCNETW  0.0%     5  176.9 179.6 176.9 188.0   4.8
 11.|-- gigabitethernet5-0.106.gw  0.0%     5  249.7 260.5 249.2 296.5  20.3
 12.|-- ge-7-2-0.XT2.LND9.ALTER.N  0.0%     5  260.8 250.8 246.7 260.8   5.9
 13.|-- xe-11-0-0.BR1.PAR7.ALTER.  0.0%     5  201.7 189.6 184.1 201.7   6.9
 14.|-- prs-b5-link.telia.net      0.0%     5  186.8 187.2 184.4 194.3   4.0
 15.|-- prs-bb1-link.telia.net     0.0%     5  189.9 201.5 188.5 248.3  26.2
 16.|-- ash-bb3-link.telia.net    20.0%     5  271.7 270.4 269.7 271.7   0.9
    |  `|-- 80.91.251.98
 17.|-- ash-b1-link.telia.net      0.0%     5  283.9 289.9 266.8 327.9  25.1
    |  `|-- 80.91.248.159
    |   |-- 80.91.248.157
 18.|-- xe-3-0-1.bbr01.eq01.wdc02 20.0%     5  263.6 264.0 263.1 265.8   1.2
 19.|-- ae0.bbr01.tl01.atl01.netw 40.0%     5  276.2 279.6 276.2 284.8   4.6
 20.|-- ae13.bbr02.eq01.dal03.net 20.0%     5  300.7 298.9 297.9 300.7   1.3
 21.|-- ae5.dar02.sr01.dal05.netw 20.0%     5  301.6 302.1 301.6 303.0   0.7
 22.|-- po2.fcr04.sr03.dal05.netw 20.0%     5  298.5 299.7 298.5 303.0   2.2
 23.|-- 108-174-145-70.worldwidew 20.0%     5  298.6 300.6 298.6 304.2   2.5
patrick@patrick-laptop:~$

--- shareforum.co.za ping statistics ---
118 packets transmitted, 117 received, 0% packet loss, time 117080ms
rtt min/avg/max/mdev = 298.660/302.428/331.297/4.633 ms
patrick@patrick-laptop:~$

It reminds me of futuristic sci-fi movies where you need ‘credits’ for services or products, swiping a device or implant. Who knows, maybe paying by Smartphone with virtual money is our future but yes, it will be ridiculed at first.

I spend a good chunk of my time in central and eastern africa. Mobile money is far far bigger than credit cards already. In my view virtual money is definitely the way we're heading. Paypal is the halfway point, but something like a bitcoin is quite likely where we'll end up. I doubt it will be the bitcoin itself. Even though it's an increadibly beautiful algorithm, the fact that it's not based on anything of real value will be it's demise. My prediction is that governments will start "printing" their own virtual currencies in the medium term future.

I've set up a custom google search on the top of this page. It'll search not only this site, but also all the old threads on ShareChat.

Hope it helps.

Patrick