Share Forum - Discuss JSE shares and join the Investor Challenge

Quote from: Moonraker on December 05, 2017, 02:58:25 pm

I like NPN, but not Bekker (pompous, haughty, just lucky that's all).
US law firm investigates Naspers Threatens class action lawsuit if fraud or unlawful behaviour is discovered.
Joining the class action if it comes about Bundu? 

whoooo, I can't even think straight any more, after the repeated SNH whipping today - jissas daai boertjies fork my op 

NPN is still a R500B discounted tencent proxy........ but the way these skelms are carrying on, R500B is probably peanuts 

Bundu - hope you don't hold Steinhoff/Checkers/Psg as well as they too look like they are going to be interrogated quite minutely

It's pretty normal. See https://www.msn.com/en-us/money/stockdetails/history/fi-193.1.GRP.JSE
Check Volume over 1 Year

Ta - very busy share - volatility 7.1

I never seem to be able to see the issues you mention. Everytime I check it's all back to normal!

I could well imagine that because prices are time stamped there is every possibility that we may see different prices/non prices - could also have something to do with the spooling of prices by Bloombugs

I blame Bloomberg, but don't worry, it'll sort itself out soon.

All fair and well but today my Rolfes have no current value

Quote from: Hamster on November 28, 2017, 10:11:08 am

Can't buy the IPO on EE though because it says there are no available funds in the account. The same screen says differently at the top, but hey, I'm sure their support staff will eventually open the tick and fix it.

I really hate that site. If it wasn't so cheap and convenient... *sigh*

I have the same issue...Sold some GLPROP to move over to this 2 days ago, but getting the same error. Asked them on twitter & they responded saying you can't buy IPOs with uncleared funds.

So, now I wait for 6 Dec like you. If any other broker removes their minimum trade limits I will definitely move!

If you have a reasonable standing with your broker there should be no need to wait the 3 days - this ruling has everything to do with banks clearing periods where funds flow from one institution to another, but even today with ACB there is no need to hold onto these clearing rules.
Since all scrip today is held electronically and you don't have paper share certificates which have to be dematerialized of certificates split it is ludicrous that the broker insists on the window period

How come my Mr Price and Discovery shares on my portfolio have a zero value
Patrick - please have a look and see whether this is a glitch or not - Thanks

Hamster - it really depends on how you structure the contract.
I will use my case as an example as I have just paid off my vehicle
I made a sizable deposit when purchasing the car and used my then current car as a trade in as well. I structure the deal over 72 months (with a 20% ballon payment) as I wanted to keep the monthly repayments below R 6,000 per month. The instalment came in at about R 5900 for the car that I purchased, but ideally I only wanted to pay R 4,000 per month as that was financially acceptable to me as I am on pension. I also put a proviso in the contract that I could introduce capital within the overall period at my discretion and then choose either to reduce the monthly premium, or, retain the same monthly premium and as such conclude the contract quicker than 72 months. I also stipulated that I could also pay off the balloon payment at anytime and again choose reduced monthly premium or shorten the repayment period. One thing that needs to be borne in mind is that if you pay off you contract period quicker than agreed the bank can invoke penalties for early repayment. This needs to be sorted out as in my case they wanted to charge me some R 5,000 in penalties which I contested on the basis that I had recorded in the contract that I could introduce capital and choose to reduce premiums, and or shorten the period. The question of penalties was never explained or pointed out to me at signing of the contract so in effect it was not a condition of the contract that I would be called upon to pay penalties. Also banks have a responsibility to explain the T & C's to you. I always ask the question "What T & C will or may have an effect on me financially that I should know about now and in the future" - if they don't run you through them then it is an omission on their part and they may not charge the penalties. Ultimately I did not pay any penalties for early exit from my contract and exited after 40 of the 72 months
Prior to signing any documents with a bank ask all your question and get satisfactory answers and in need have special or specific answers included in the contract - banks love to have reams of T & C's but never explain them and they are duty bound to explain them to you. I quite often record above my signature "T & C's not explained" I was in banking for many years