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Messages - gcr

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406
Off topic / Re: Live chat
« on: October 16, 2016, 10:19:17 pm »
If you want to see an interesting article then read
www.iol.co.za/news/politics/is-the-writing-on-the-wall-for-zuma-2080113

407
Off topic / Re: Live chat
« on: October 14, 2016, 03:38:25 pm »
If Zuma, Des the Di&& and the ANC gang try and bury the report it will be curtains for them all. Thuli is a clever cookie - a copy has been lodged with the court - it has been sealed, but more importantly it bears her signature. I don't believe she is a sloppy operator and she would have probably interrogated every word and fact in the report, to ensure it has full weight.
Can't wait for the leaked copy to hit the internet - then the Zuma acolytes can really start their dancing and blessing ceremonies

408
Off topic / Re: Live chat
« on: October 11, 2016, 03:48:39 pm »
What I find extraordinary is the list of ministers making up the ministerial task force looking into student unrest at the uni's - the only missing acolyte seems to be Zwane - wonder if he is going to be reshuffled out of the cabinet. Where is Des van die rooi een

409
Off topic / Re: Live chat
« on: October 11, 2016, 02:20:11 pm »
I do believe banks and retaqil ops are all suffering from this last piece of lunacy. I hold Massmart, Mr Price, Pick n Pay,
Truworths, and Woolworths and they are all down 3.0% or more - the banks have had R 50 billion wiped off their capitalisation which is big number   

410
Off topic / Re: Live chat
« on: October 11, 2016, 11:45:19 am »
I see the termites are once again gnawing away at the ANC tree - I wonder if they will even be a creditable opposition party after 2019.Can't recall a single terrorist organization that turned to politics actually surviving the long term haul

411
Shares / Re: Steinhoff
« on: October 01, 2016, 03:19:23 pm »
My opinion on the Steinhoff/Shoprite tie up will be that the directorate will have to make decisions around restructuring the enlarged entity, and you well may see a division of the entity as well. It may well be that the retail operations will constitute a division (Pep, Checkers, Shoprite Tekkie Town and others) and back end manufacturing and production in a separate pillar. So you may well see more Hyperama's through which they will sell groceries, shoes/clothing and furniture (out of their own stable) They well may try and achieve a one stop shop that can satisfy the customers total needs, they also have a tie up with a chemist chain so they can offer a wide service
I do think that when there is a tie up between Shoprite/Checkers/Pep/Steinhoff they are going to have to look at their delivery model, which could take bucket loads of cash/debt/or share auctions
Just my opinion 

412
Shares / Re: Steinhoff
« on: September 28, 2016, 06:33:46 pm »
Moon - you are absolutely right the tie up will undoubtedly happen. My contention still stands that Christo Wiese is trying to emulate Brain Joffe by creating an international conglomerate. The big curiosity for me is what will happen with Brait as it is heavily invested in Wiese controlled entities and he sits on the board as a non ex. There are some interesting directors at Brait - Jabu Moleketi who was Finance MEC for Joburg Metro before he saw the political light, Chris Seabrooke who was with Massmart, and Herman Troskie whose family pretty much owned most of Bloemfontein, and Leon Porter who used to COF for Nedcor Bank - so some movers and shakers in this grouping
Still undecided about Steinhoff as if acquisitions continue it is going to take years to bed down and restructure the enlarged conglomerate and my investment horizon doesn't align with how long it will take to settle the dust

413
Off topic / Re: Live chat
« on: September 22, 2016, 03:11:10 pm »
The way the All Share is performing today and the resilience of the Rand I don't see any repo rate adjustment today

414
Shares / Re: LDT - Dividend amounts and Last Day to Trade
« on: September 19, 2016, 02:57:40 pm »
According to my personal holding DBXWD paid dividend on July 21st 2016

415
Off topic / Re: Live chat
« on: September 19, 2016, 01:51:28 pm »
isn't woolies suppose to pay divi today?
My Woolies divi's in my private portfolio were paid by my brokers on Friday already, along with Bidcorp; Adaptit; Massmart; and Truworths

416
Off topic / Re: Live chat
« on: September 15, 2016, 03:08:25 pm »
I think Ellies were hurt when they couldn't roll out their set top boxes with the TV migration, and then their quality assurance on their products became non existent - I today will not buy any of their products because they are worse than the imports ex China. I don't believe they will ever return to their former glory days - I am glad I exited their shares when they were around R 6.10 - but still made handsome profits

417
Off topic / Re: Live chat
« on: September 09, 2016, 01:02:31 pm »
PTXTEN - last night I attended a talk on wealth creation at the JSE. One of the counters that came up was this Property tracking counter. My broker/JSE platform gives very little detail on this counter other than its quarterly distribution which seems fairly erratic with dividends ranging between 11 cents and +/-32 cents over 2015/6. Looking at SENS they listed 150,000 securities on 16/8/2016 only to delist 200,000 on 2/9/2016 - there are quite a number of occasions where securities are listed/delisted.
Can anybody throw some light on this index and whether they are holders in their own portfolios (not competition portfolio)
Thanks

I do..

http://coreshares.co.za/products/coreshares-proptrax-ten-ptxten/

Basically take the top 10 property shares and creates an equally weighted (+- 10% each) ETF from it. Quarterly payouts and rebalancing.
Thanks Hamster

418
Off topic / Re: Live chat
« on: September 09, 2016, 09:57:38 am »
PTXTEN - last night I attended a talk on wealth creation at the JSE. One of the counters that came up was this Property tracking counter. My broker/JSE platform gives very little detail on this counter other than its quarterly distribution which seems fairly erratic with dividends ranging between 11 cents and +/-32 cents over 2015/6. Looking at SENS they listed 150,000 securities on 16/8/2016 only to delist 200,000 on 2/9/2016 - there are quite a number of occasions where securities are listed/delisted.
Can anybody throw some light on this index and whether they are holders in their own portfolios (not competition portfolio)
Thanks

419
Off topic / Re: Live chat
« on: September 05, 2016, 02:31:49 pm »
Thanks guys! Lots of fun running on 2 hrs sleep...
Congrats stealth - if you are a father to a daughter then get used to the shortened sleep time - when they get to about 13 you will be all night waiting for her to be brought home safely. If a boy you will get the sleep you need as he will be some ones else parents problem :LHST:

420
Off topic / Re: Live chat
« on: September 01, 2016, 01:06:12 pm »
I too bought MPR with my Sept allocation in the competition and in my real portfolio am trying to sell some shares in other companies to enable me to buy more MRP - so far their drop has cost me +/- R 138,000 in profits. I have no doubt they will return to previous prices - it may just take 6 months or so

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