Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.


Messages - gcr

Pages: 1 ... 23 24 [25] 26 27 ... 68
361
Shares / Re: Nandos listing on LSE
« on: January 31, 2017, 09:58:18 am »
Sharenet carried a story about Nandos coming back to the stock market. The Telegraph carried a more detailed story about Nandos including the obvious benefit of raising funds in GBP instead of ZAR.

I will be buying if there's a duel-listing on JSE. What were the reasons they un-listed from the JSE in 2003?
Greed by the directors and they were more interested in expanding in Australian than running their SA outlets.
Still haven't decided whether they were just stupid or exceedingly arrogant as business managers
Today I don't think Nando's is relevant in the SA market anymore.
Myself I never invest in companies who left the JSE under a cloud or through sheer arrogance by management, only to return so if Nando's return I shan't be buying - Holdsport is a returned entity and Edgars is also likely to return but I will not take up any investment in either of these companies - firmly believe in "once bitten twice shy"

362
Off topic / Re: My Story as a Seller of Books
« on: January 30, 2017, 12:10:57 pm »
I have read through this thread and the things that strike me is are not only the comments but also the dreams of some or their families who wanted to write, or at least try the writing trip.
However if I look at this thread pragmatically then other issues strike me, these being that there seems to a compulsion for the end result monies that one hopes to generate by having ghost writers or articles/writings released under there own name. There is also a sense (I get) of doing as little as possible for maximum financial returns, and that in essence you are more into what you can skim off for your own financial well being. In other words there is very little writing that you really want to do yourself, and if you can get others to write for your account

So maybe what you should consider doing is to set up a web page wherein you firstly appeal to aspirant writers to write into the web page (they cn't publish on your web page unilaterally the articles need to be vetted by you as the moderator) with their articles and or books which you will vet and then publish making a financial recompense for each article published on the page.
This may take a bit of pain to get it up and running but as they say no pain no gain - it is a fact of life that no business was ever created from a dream - there was always research, testing, planning, dipstick testing and planning, launching as part of the journey.

So without busting your bubble you need to do more work around how to get from your dream to the launch of the product and some very specific planning and understanding what the touch points are to realise the dream and let me say that, that talks effort and sweat and more importantly huge sacrifices, and keeping your eyes wide open
Nevertheless good luck on your journey 

363
Off topic / Re: Live chat
« on: January 25, 2017, 06:44:38 pm »
So the $ has peaked. This is good for commodities and ZAR. My prediction of sub 13 is looking real if Z does not move Pravin out.
Maybe read "The Rand" thread where some of us made predictions - quite interesting to see that the direction has so far been correct

364
Off topic / Re: Live chat
« on: January 17, 2017, 11:47:10 am »
Busy reading the "How I Made $ 2,000,000 In The Stock Market" u posted. On page 10 of 127. Will take about 4 months :'(
Well if you really want to test yourself you can always read one of Benjamin Graham's books - I got halfway through the book and then stuck it in my library and have never been back to finish it

365
Shares / Re: List of Companies on Industrial 25 [JSE:J211]
« on: January 14, 2017, 11:01:26 pm »
The above site listed by Patrick shows the top 10 holdings, but, more importantly the rebalancing is listed as September 2016 whereas there was a rebalancing in December 2016.
If you are operating on a broker platform and your look up Sens notifications for SATRIXIND it list the full investment portfolio of this ETF plus the most current % holdings
There is a bit of an unknown as to the value of the ETF going forward (I do and will continue to maintain my holdings) as it includes both Steinhoff and Shoprite and with the cross holdings/merges and splits it may change the structure of the ETF and also the % holdings
So some interesting times ahead around the whole SNH and SHP integration
 

366
Off topic / Re: Live chat
« on: January 12, 2017, 03:02:48 pm »
I am not an investor in REIT's but I know a number of forumites do invest in REIT's.
The Rand has supposedly strengthened against the Euro, Pound and Dollar
The quoted REIT's in this country are largely Rand denominated but invested in foreign assets. There has also been a substantial correction in housing and rentals in shopping centres

What I am interested to know is whether those who had invested in REIT's 1 or more years ago whether they are still showing profits and reasonable dividend returns or are they taking strain.
Also further to the above question would you consider further investing in REIT's now or would you wait awhile to see where things are headed

Would be interesting to get some opinions

Thanks

367
Introductions / Re: Noobie Lurker
« on: January 06, 2017, 03:19:26 pm »
Welcome to the site.
I read on one of the web sites this a.m. that you can double your wealth in 8 years if you achieve a 10% return on your investments; and, if you get a 15% return on your investments it would double in 5 years. 2016 has been a volatile year so achieving these types of return may prove somewhat difficult to achieve, but, never stop trying.
Given the time frame within which you wish to retire you would probably need quite a large sum of money to invest to achieve a reasonable nest egg - i.e. wealth which is there to supplement your pension, as CPI and other charges start eroding your pension.
Maybe you need to look at is a pension that will give you a minimum of 70 - 75% of your last earned salary, and that you are in a position where you don't need to commute any portion of that pension on retirement. Also if working for a boss check out the rules of the pension fund - will you incur any penalties to your pension fund if you retire ahead of a given age - some companies impose a retirement age of anything between 55 and 63 - so be aware of the requirements so that you don't suffer penalties. Also by commuting part of your pension at retirement date all future increases awarded by your pension will  (my Dad worked for the government of old and his pension increase annually was basically 1.0% below CPI - not a healthy position to be in) be based on the residual pension and by the time you get to your late 60's you suddenly realize that you don't have enough funds to sustain yourselves as you are still part and parcel of escalating costs for medical, medical aid contributions, tax, municipal rates and taxes (only get some relieve after age 70) and basic cost of living.
Also be aware that banks are loathe to lend pensioners money because their longevity in indeterminable and you may well have to take very short term loans to meet household needs and maybe the replacement of a car.

I retired early without penalties and live very comfortable on my pension, my investment portfolio has been strengthened through reasonably astute investments (plus some disasters) so I don't want to pop your bubble of dreams.
Do yourself a favour put yourself in a retired position at say 70 - then envisage how you want to live (forecasted salary at that stage of your life) and then work backwards, and then challenge your pension fund (presuming you do belong to a pension fund) to tell you how much you would need to set aside annually/monthly to meet that particular target. If you see that there is gong to be a gap, then that is where your investment strategy comes in to play to fill that gap

Hope this help in not only looking forwards but also backwards so that you can run your journey with your eyes wide open. I haven't mentioned it but I am extremely prejudiced against RA's so do your homework especially around fees and fees for extending the time horizon of the RA
Good luck       

368
Off topic / Re: Live chat
« on: January 03, 2017, 03:35:04 pm »
I see that GCR, it looks like there are a few people who's names aren't showing up, I'll see if I can correct it.
Mine corrected thanks gcr

369
Off topic / Re: Live chat
« on: January 03, 2017, 01:49:12 pm »
Click on my holdings, that'll charge you up with cash. You'll need to start new groups again though.
Hi Patrick - did this and placed 2 "buys" - both executed but my name does not appear on the list though it highlighted my share value at position 30. The holding form did show "Hullo gcr"
Can you correct on my behalf please
Thanks  - gcr

370
Off topic / Re: Live chat
« on: January 03, 2017, 09:33:50 am »
New competition ? no money!

371
Shares / Re: REINVESTING DIVIDENDS
« on: December 23, 2016, 10:31:50 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.
If you are in one of the Vanguard funds you can supposedly reinvest dividends back into the fund, but, you would need to check this with your "broker" because it may be cheaper to automatically reinvest rather than take the dividend and then have to invest

372
Off topic / Re: Live chat
« on: December 17, 2016, 06:28:38 pm »
Wow. So that means you have +-R30M invested if they all in stocks.
+1

373
Off topic / Re: Live chat
« on: December 14, 2016, 08:28:47 pm »
Hi Kwaila83, why not introduce yourself :)
+1

374
Shares / Re: Steinhoff
« on: December 14, 2016, 04:05:46 pm »
I am sure Whitey Basson was asked to stay on for this merger,but, probably looked at the size of the merger and said that he would be tied up for the next 5 years bedding entities down. Don't blame him going on retirement. I worked with the project teams on 3 mergers when I was in banking and it is a frustratingly slow process because of the implications of decision making on the organisation

375
Shares / Re: Steinhoff
« on: December 14, 2016, 02:25:40 pm »
I can't see this deal not going through if you look at the directors (cross directorships) of the entities throw on PSG and Tradehold; then at the end of the day it will merely be an incestuous marriage of convenience. The interesting thing to me will be how they land this monster and dictate office space to the sub entities. Checkers Shoprite are traditionally food supermarkets so incorporating other operations is going to be space challenging. In the Hyperrama's  no problems as they already sell furniture and white goods and electronics can easily sit under Hi Fi or Incredible Connection. Think this is going to take years to rationalise which takes considerable expenditure, consolidating, merging, up/down scaling. Can't see it having an impact on staff numbers, yet, but maybe in next 3 -5 years but they will reduce number through normal attrition
Some interesting times ahead for these brands
   

Pages: 1 ... 23 24 [25] 26 27 ... 68