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Messages - dividendtycoon

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1
Shares / Re: What are your Favourite REITS?
« on: October 17, 2017, 10:18:37 pm »
Offshore
Atlantic Leaf Properties
Sirius Real Estate

SA
Tower
Stor-age (SSS)
Indlu Property

Property Developer
Balwin Property (will use dividends to add to SSS)

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Off topic / Re: Live chat
« on: September 19, 2017, 05:19:53 pm »
Quote from: Orca on September 19, 2017, 04:17:51 pm
So far ADI has dropped about 12% in 2 days and tomorrow it goes ex-divi so will drop some more. Been checking and find no reason for this. It should be going up with the zar weakening. I will hold as she always comes up with a hat trick like a new acquisition. Results were good in this stagnant economy.
I do not invest in tech shares so am not by any means an expert in this share, but if I was invested I would be a bit worried. By all accounts it is a good stock, I would also probably not sell until I could confirm the reason behind the fall, but these sorts of falls make me think somebody might know something the rest of us do not. Good luck though, as you say it has normally bounced back.

3
Shares / Re: BTI ..... what to do what to do!
« on: July 31, 2017, 01:33:20 pm »
Quote from: Maurice on July 31, 2017, 01:14:03 pm
BTI going down slowly. Will this be a temporary blip?
Perhaps, these stocks tend to be resilient, but I still stand by what I wrote earlier in this thread about not wanting to invest in a product that kills its own customers.

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Off topic / Re: Live chat
« on: July 31, 2017, 11:17:00 am »
Quote from: dividendtycoon on July 31, 2017, 10:16:30 am
Is anybody else having trouble logging into Standard Bank Share Trading?
Working now.

5
Off topic / Re: Live chat
« on: July 31, 2017, 10:16:30 am »
Is anybody else having trouble logging into Standard Bank Share Trading?

6
Off topic / Re: Live chat
« on: May 30, 2017, 05:03:56 pm »
It will be interesting. Regarding the experience, my sincere hope is that Burger King etc will be 'sold' to Spur for an increased shareholding in Spur. Spur will then take over the food business including Burger King etc, and they are very qualified. By the way, Hassen Adams jointly owns Cape Town Fish Market, in his private capacity.

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Off topic / Re: Live chat
« on: May 30, 2017, 03:52:22 pm »
Quote from: gcr on May 30, 2017, 02:08:35 pm
Quote from: dividendtycoon on May 30, 2017, 01:09:01 pm
Personally I prefer Grand Parade, but at the current share price of TAS not sure I would sell out either. Starbucks and domino's could do very well if they get through the next few years, so patience will be required. Fortunately there is an anchor shareholder with very deep pockets so it is likely they will survive, but I would monitor this one very closely as the cash position would worry me.
Now here I differ Grande Parade has wallowed along for years ( 9 to be precise) not knowing what business it wanted to be in from piggy backing on Sun International, their Worcester Casino, Real Africa holdings etc. The problem for me was Hassen Adams made almost daily bulletins on what the business was going to do and also the rapid change of directors. So after all these years in gaming they have decided to focus on foods. Not sure if they have updated their brands data recently as they show all their gaming brands but nothing about dunkin donuts

I used to hold their shares way back but sold out . Their best period seems to have been around September 2014 when the price got to R 7.60 and it has progressively dropped since then - now on offer at around R 3.60
So in my opinion you may have to hold these shares for 10 years to see them get their act together, and I don't believe they are au feit with the food industry - so why go into it :question:
Respectfully disagree completely. I have attended some of their presentations lately as well as the AGM every year , they are very focused on the food business. What they have left of the gaming business is for annuity income, and Grandwest is still a cash cow. They have Burger King and Dunkin Donuts/Baskin Robbins, but also a big chunk of Spur now (about 18%). I believe Hassen Adams wants control of Spur, which has been grinding out profits and dividends since 1987.
I have been holding this share since 2010 and am a big shareholder, so may be biased, but think their capital allocation skills much better. Since 2010 I have received R1.72 in dividends, TAS shareholders about 25c. In 2010 there were about 200m TAS shares, after latest rights issue about 460m. In 2010 there were about 469m GPI shares, after recent buybacks about 450m. GPI could also probably sell remaining gaming assets for about R1,5bn, who knows what TAS will get for jewellery biz, but not even half of this. GPI cash flush without even selling gaming assets, TAS on their knees without rights issue and selling jewellery.

8
Off topic / Re: Live chat
« on: May 30, 2017, 01:09:01 pm »
Personally I prefer Grand Parade, but at the current share price of TAS not sure I would sell out either. Starbucks and domino's could do very well if they get through the next few years, so patience will be required. Fortunately there is an anchor shareholder with very deep pockets so it is likely they will survive, but I would monitor this one very closely as the cash position would worry me.

9
Off topic / Re: Live chat
« on: May 30, 2017, 10:50:48 am »
Quote from: gcr on May 29, 2017, 05:03:04 pm
Here's a conundrum which I just can't fathom the logic of the markets reaction to. Taste is instituting a claw back offer wherein existing shareholder can take up (on a ratio basis) additional shares at R 1.50 and that they will rank with the existing shares at the same par value. Now I can fathom that the share should move marginally lower than current prices to offset the greater quantity of shares in circulation. But surely the sellers would want to get a better price for their shares if they were selling based on the price of the share on the announcement date, which as the order of about R 1.95. However I see it is trading at about R 1.76. So buyers should theoretically pay more for the share right now to take advantage of being allocated shares and at the lower price, and they can then sell at a better price above the R 1.50 and make a small profit. I just find it strange that the market is seeing something that I am not seeing, because without a doubt I will follow my rights and take up the shares as the majority of their costs for conversion and the acquiring of the right to sell international product has been largely taken up in their last results released today

It makes sense give the results released yesterday. They were terrible, and I would be quite worried if I had a material shareholding, the cash situation is pretty dire.
To answer more specifically the price will move according to how valuable the market views those R1.50 TAS shares to be issued. Last week people were still prepared to pay R2 for 1 share knowing that they would need to spend R1.50 per share to maintain their existing shareholding.
 I think the point that one can forget is that after you acquire your R1,50 shares, which are about 20% of the total number you have, ALL your shares will (in theory) drop in price at the effective date, to take into account the dilution. So while you may make a profit of say 18c on your 100 R1.50 shares if the share go's to R1,68 after dilution, you will make a loss of 7c (175c-168c) on your original 500 shares after dilution. In that case you would be a net loser, but this is just a theoretical example. Think in terms of a share going ex-div.


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Off topic / Re: Live chat
« on: April 03, 2017, 10:28:52 pm »
Sad what is happening in our country, but purely from an investment perspective I am quite excited about the next few weeks, will be lots of opportunities presenting themselves.

11
Shares / Re: My retirement blog.
« on: March 11, 2017, 12:15:19 pm »
Dealing with state bureaucracy as well as having to use multiple public transport must be very difficult at a time like this, but that is excellent news that is treatable. Hope you and your wife go from strength to strength from here.

12
Off topic / Re: My Story as a Seller of Books
« on: February 08, 2017, 08:19:15 am »
Quote from: Fawkes85 on February 08, 2017, 12:30:05 am
Post 4: GCR You Bastard

You were right. I did not like what you had to say. I actually took a bit of offence. I half-expected pats on the back left, right, and center, then you came and did exactly not that. But you were right. I am humbled. I got ahead of myself and just all round cocky. All I could see was the money. It was no good.
Then you came along and pissed all over my world. Thank you. I needed that. You made me realise that I was doing it all wrong and for all the wrong reasons. You made me realise that if I am going to do this, then I should do it right. Instead of churning out garbage on an as regular schedule as possible, I should rather take a step back and reassess. I should take pride in my product. I should take pride in my writing. Quality over quantity.
So I have canned the idea of releasing a novella every month and just focus on the short stories. They will also not be weekly, but bi-weekly. That will give me two weeks to write a 3000-5000 word story and then some. I can focus on it for two weeks and make it as good as possible. I will continue releasing these short stories until they have a strong following, no matter how long it takes, and then look into selling them instead of giving them away for free.
I will not write anything else until I got the short story thing on firm ground. It will have my undivided attention.
I have been doing it like that for two days now and I have to say, I actually enjoy the writing more. I am not even thinking about the money. Just focusing on making it the best it can be and it feels as good as f...

Photo: Workstation has been upgraded a bit. The screen is just on lend though. I have to give it back once the person who lent it to me needs it again.

Would agree that you need to do something you enjoy, or can add value, if you do it well the money will follow, even though it may take years.

Have you considered starting a blog?, you could write short stories there, or review others etc. If your blog takes off you could even potentially monetize that, but it would also be a vehicle which you could use to sell books through (have an Amazon store on your blog for example). Blogs are also good for marketing via twitter etc.

From my experience, it can be enjoyable, I started my Dividend Tycoon blog (knowing nothing about websites etc) with the intention of perhaps making some money down the line, but quickly realised it not worth focusing on that as you first need to write good content. It has been a year and I do not make any money out of it, but it has helped in other ways such as clarifying my investment process and thoughts. I do almost no marketing and site is fairly basic, but think that if I keep doing it and enjoy it, something good will flow from it, although most likely not financially. I prefer to make my money from shares, mostly long term, but a little trading too, so making money from the blog is not necessary or a priority. However, in your case where this is where your talents and enjoyment are, and given you are driven to do a lot of marketing etc, I think it could potentially be a good platform for you.

Just my 2 cents. Good luck.


13
Off topic / Re: My Story as a Seller of Books
« on: January 24, 2017, 08:44:38 am »
@Fawkes85 I understand where you are coming from, it does take money to make money with dividend investing and you do perhaps need to first make a large lump sum in some other way. If I was starting over I would perhaps look at using the JSE to make shorter term trades on undervalued stocks, I made a good lump sum profit from Gooderson recently for example which is about to be delisted. The price a year or so ago was obviously ridiculously low. I would not invest long term or for dividends in such stocks anymore, but a few of these can give you a lump sum fairly quickly, although with some risk.
However, if you are wanting to stay away from the JSE you will need to look for a business that generates a lot of cash. Could you use some of your returned angel investment to buy a fast food franchise, or a cheap property that can be redeveloped, or buy and sell something you have knowledge of. My worry with writing is that you are not guaranteed anything, I would perhaps do it part time while looking for another area to make money, while keeping the books as another stream of income.
Unfortunately I do not have a Kindle as I would be interested to read your book, but perhaps it time to enter the modern age.

14
Off topic / Re: My Story as a Seller of Books
« on: January 23, 2017, 12:20:12 pm »
Interesting story.  It will be interesting to note your progress with selling books. I write for my blog, but would perhaps like to write a book relating to dividend investing, or something in that line. However, my first love is still the actual investing. Do you think if you had rather placed the angel investment in say listed property yielding 10-12% you would be better off? Can you share more about what put you off the JSE, as it can also become a good way of making passive income ie not very time consuming, if you pick shares with high and growing dividend yields.

In my experience I did not reach financial independence quickly from investing on the JSE, but it did work, and now is pretty secure unless I mess too much with the portfolio. I feel people do not give it enough of a chance and rather seek the get rich methods, which usually do not work. I am not criticizing your angel investment, as one learns these things by trial and error, but would be interested if your decisions were based more on your area of interest or if it was more impatience.

Good luck with the publishing empire though, earning royalties would be a great way to live should you succeed.

15
Shares / Re: REINVESTING DIVIDENDS
« on: December 23, 2016, 08:13:32 am »
Quote from: conradl on December 23, 2016, 06:53:57 am
Seeing as the title is relevant to my question i'd like to hear your guys' opinions:

1. I have money investing in 2 dividend ETFs in the US.
2. A pays every month giving me about $50 per month
3. B pays quarterly at $110 per quarter.
4. So the total dividend is approximately $1000 per annum

To buy more etfs costs minimum $20 ie R350. The conflict im sitting with is, do I save up to $1000 and then buy some more of these ETFs (only one of the two, because of the $20 per trade) and miss out on a year's growth potential or less and let the fees corrode my return  :wall: What would you do?

Conrad
Could you not perhaps add some extra funds to your offshore portfolio so that you have enough to make an economical trade. If not I would rather wait till you have at least $1000, markets could also be lower in a year, and paying more than 2% upfront on assumption they will be higher is to me not a worthwhile risk/return analysis.

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