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Messages - gcr

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286
Off topic / Re: Live chat
« on: May 30, 2017, 04:53:18 pm »
Well I suppose we have our preferences - which does make for interesting times.
I held shares in Grande Parade, but still when they were Cape Empowerment - from recollection the Spur holding goes back to the early BEE days. What does concern me then and still now is that Adams does not have any expertise in food businesses other than strategic holding where as Gonzaga has and Taste have taken on as directors Grant Pattison (Massmart) who is pretty astute when it comes to massmarkets

287
Off topic / Re: Live chat
« on: May 30, 2017, 02:08:35 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: 

288
Off topic / Re: Live chat
« on: May 30, 2017, 12:24:27 pm »
I hold 60,500 of Taste shares and at present they are a tax advantage  :'(. But feel that over the next 5 years their price will improve as the benefits of their 2 primary brands start contributing. Seems pizza's and coffees are the flavor of the decade?

289
Off topic / Re: Live chat
« 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   

290
Off topic / Re: Live chat
« on: May 25, 2017, 11:09:56 am »
Orca - all strength to you and the kids through this very trying period. They say every cloud has a silver lining - may this be true

291
Off topic / Re: Live chat
« on: May 19, 2017, 09:51:22 am »
If has probably got something to do with fees :LHST:

292
Off topic / Re: Live chat
« on: May 18, 2017, 06:39:12 pm »
Must be desperate to raise cash :))

293
Shares / Re: Small Cap Investment Clubs ?
« on: May 15, 2017, 02:35:30 pm »
Sorry do not know of 1, others might be able to help. I use Twitter and follow some people doing graphs and indicating what they think on shares. U learn as you go along, i.e. one person got some nasty tweets after suggesting a couple years ago to buy a certain small cap.
Make contact with the JSE and get yourself registered with Simon Brown who runs what is termed the "Power Hour" these presentation tend to be around small cap shares/TFSA and other topics. Simons company is Just One Lap.
You could also look up Keith McLachlan as he is also talks about small cap businesses.
The JSE also used to have a quarterly presentation forum where small cap companies had 1/2 hour to present their businesses to the invited guests - this I found very useful to get a helicopter view of the companies and where they were heading

294
Off topic / Re: Live chat
« on: May 01, 2017, 10:36:12 pm »
I thought it was an exceptionally good day for the ANC and its alliances. The alliance warned Zuma783 not to attend the meeting in Bloemfontein and he was roundly welcomes with lots of booes and hisses and some rather cryptic posters, and the photo of him glumly sitting on the podium was a classic shot of him looking glum/confused/petulant all at once. Then Mbete and Duarte (both lesser criminals the former faking her driver license and the latter hiding the fact that one of her family members severely damages her official vehicle) were also roundly welcomed by an enthusiastic crowd. Then Buffalo bill and Mkize (sp) were warmly welcome by their crowd but alas no invective posters to be seen.

Seems the gang is breaking up and we will soon have 2 very distinct camps. By the way what has happened to Jub Jub he has been remarkable quiet these last few days >:D 

295
Shares / Re: DIVTRX vs NFEMOM
« on: April 28, 2017, 04:23:18 pm »
jonb - trust you still hold your STXIND - R 72.44 per 15:25's last trade

296
Shares / Re: DIVTRX vs NFEMOM
« on: April 28, 2017, 04:18:08 pm »
I read a sens this morning that DIVTRX is listing a further 1798517 securities - seems like it is popular, but my question is really around the dividend paid. With these additional securities surely it affects the dividend return, or, are they pooling funds and committing to a set dividend percentage declaration. Also if that pool of funds is inadequate to meet the dividend return are they required to sell off securities to meet the dividend payouts.
Just curious to know whether this DIVTRX is still a fair investment option

297
Off topic / Re: Live chat
« on: April 28, 2017, 02:50:58 pm »
If checking your portfolio regularly is considered working then am working - even though I have been retired for almost 12 years now

298
Shares / Re: Risky business
« on: April 28, 2017, 02:46:49 pm »
Rather than risky - I would say that it was crazy not to get out of PPC in late 2014 at latest. In this instance charts tell you nothing of the impending disaster which actually started around 2011/2 with other producers muscling in on their turf and that they took forever to get their new CT factory up and running

299
I am not sure that you will find shares that pay dividends monthly - and are you looking local or foreign markets. If you are able to generate an investable amount of R 5,000 per month (presumption) then you may be better off investing a 32 day account with interest back into the source account. There are not too many ETF that will give you a reasonable dividend return that will compete with a short term bank investment, and I am not aware that any equity based investment gives you a monthly dividend stream most are quarterly as the shortest cycle

It may pay you to accumulate some funds as a short term approach in a monthly returning investment and then when you have the prescribed minimum deposit requiremtn move the funds to that account to purchase your equities.
The big issue for me is your need for a monthly dividend stream which I don't think you will find - maybe a forumite can clarify if such funds do in effect exist

300
Off topic / Re: Live chat
« on: April 21, 2017, 12:21:47 pm »
If I recall my scrip days in banking the payment date is the company elected date, and what you will find is that a tape (or similar medium) would be passed to the banks ahead of the payment date as beneficiaries have already been identified as the last day to register has already passed. The banks then credit their clients, in my case my shares are in nominees so the company does not know that I am a shareholder. My dividends are always paid on the payment date or 1 day prior to payment date, but, never late. Also it depends how you elect to receive your dividends - if you elect to receive into a current account (as an example) then that has to be processed through the data processing systems of the banks. If you elect to have the dividends paid into your trading account then there is no delay in terms inter bank exchanges.
So I suspect that maybe those persons who elect to receive dividend to an account other than their trading account with their broker that they could end up with a delay due to the interbank exchange system which would delay dividend receipts by 24 or 48 hours

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