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Messages - gcr

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421
Off topic / Re: Live chat
« on: August 22, 2016, 05:54:53 pm »
Watching live feed of the voting in JHB.
Yip - I was watching paint dry this afternoon as well :'(

422
Shares / Re: My retirement blog.
« on: August 15, 2016, 08:55:28 pm »
Orca - with the hot climates you speak to in your area is there a problem with flies - especially when preparing food or is it fairly similar to the Highveld where it is advisable to have fly traps around the yard. Does the sme conditions apply to Spain? - heat and flies?

423
Off topic / Re: Live chat
« on: August 15, 2016, 03:37:48 pm »
One thing about Wade van Niekerk and also the 100 metre SA sprinter is that they have been very quiet about their capabilities and to all intents and purposes humble in their approach to the big events. So refreshing compared to out cricketers and rugby player who seem to think they walk on water yet choke at every significant event in rugby and cricket
Well done the medal winners

424
Off topic / Re: Wood you like to make a wedding ring?
« on: August 15, 2016, 12:47:07 pm »
Wild Olive is a very hard wood, but, it has absolutely brilliant graining

425
Off topic / Re: Holidays - Show us what you did
« on: August 08, 2016, 03:35:21 pm »
Your photo of London reminds me very much of what Zoo lake use to look like in the early '80's when I came up to Jhburg 8)

426
Shares / Re: The Rand
« on: August 04, 2016, 04:34:56 pm »
Still hoping it will go closer to R12/$

427
Off topic / Re: Live chat
« on: July 21, 2016, 06:35:12 pm »
Mine too - thanks to whoever attended to the error

428
Off topic / Re: Live chat
« on: July 21, 2016, 04:27:10 pm »
How to go from position +/-174 to 341 - simple someone zeroed my Bid Corp share price
Do we have a stand in administrator while Patrick is away?

429
Shares / Re: Measuring Share Portfolio Performance (Accurately!!!)
« on: July 21, 2016, 10:22:24 am »
J - what you are saying is totally plausible.
Personally I worked on a different set of criteria - my objective was to be a $ millionaire by 2020 based on an exchange rate of R 6.55 to $1. The timeframe I was working on was from 2005 through to 2020 so 15 years. Also I then broke down my milestones into yearly recordings but I re evaluate every quarter. Based on the exchange rate at that time I will meet my objective but the reality is that the exchange rate has moved decidedly against me so I shan't be a $ millionaire by a long way - but that does not stop me striving for the original goal. In 2019 I will set another objective and goal for a further 10 years. I have a brilliant package for managing and controlling my finances called Quicken - it was brought to market by Intuit a South African company but they sold the package to the Americans and as is typical of the Yanks they have made it their own and won't provide me with a copy with the capability to do all financial operations in Rand so I am stuck with the program unsupported and dread the day it falls over. This program allows you to capture all financial transaction across bank accounts,investment accounts, share transactions and you can drawn down reports like net wealth, CGT liabilities on your portfolio based on this countries tax year - so as I say a brilliant package but no longer available in SA - my last version update was 2005 so nothing since then ad it is still running   

430
One would have thought that the governments experience with the building of RDP houses would have taught them a lesson on dishing out housing projects to BEE companies. Hope this time around the government holds back 20% of contract amount - payment subject to validation that the contract has been completed in terms of scope and quality assurance checks and balances

431
Shares / Re: Measuring Share Portfolio Performance (Accurately!!!)
« on: July 20, 2016, 06:31:15 pm »
My account shows % total growth since I bought it, per share, that is what I keep eye on, see "Pulverized Sand Box "

What the market does is important, but what your individual shares are doing is more important, if you down 5% and market is up 10%, then you are in say commodities, if the market is down 5% and you up 10%, then you in commodities.  :LHST:  :LHST:

If u wanna perform same as market the ETF people and fund trackers on this site will tell u which ones to go for.

But if u wanna do it, every Monday put your figures (share price showing Share growth) in spread sheet and put in JSE index  showing growth. Next Monday put it in again and you will have it vs JSE.

but u gonna beat it some weeks and some weeks the JSE will beat you, depending on which sectors your shares are in.
J - what you say is valid, but,my question still is why would one want to relate capital appreciation on a counter against the JSE index (Alsi or Top40) surely the objective is to gain capital appreciation primarily and a dividend stream secondary. My opinion - it is irrelevant comparing my counters capital growth to any of the two indices - it illustrates nothing other than the direction that the indices are moving on a daily, weekly, monthly or annual basis. I run a spreadsheet which I update weekly where I plug in that Mondays closing prices, but I include mutual funds TFSA's but this is merely to establish my overall wealth on a weekly basis. What this spreadsheet illustrates is what value increase/decrease you suffered on a weekly basis and what it did to your overall wealth and whether your share portfolio is performing well or badly by counter held

432
Shares / Re: Measuring Share Portfolio Performance (Accurately!!!)
« on: July 20, 2016, 03:15:18 pm »
Trafulha - I am battling to understand what you are trying to track/compare/benchmark against. Firstly are you really trading or are you buying and holding particular counters in a single portfolio. Secondly what are you trying to beat the ALSI or the sector average of the counter you are holding in the portfolio. Thirdly if you are going the route of trading then you know your tax situation will differ materially compared to holding counters for 3 years and only being assessed for CGT.
You may also want to subscribe to Sharenets daily report as it shows sector indices and whether they incremented/declined per the previous day, the newsletter I find informative and maybe it will give you some clues as to how you want to track your performance and against what.
So if you crystalise your thoughts then maybe one or more of the forumites will be able to assist in achieving what you want to achieve/measure

433
Off topic / Re: Live chat
« on: July 19, 2016, 04:06:50 pm »
Shareholders are therefore advised that MTN expects to report negative basic headline earnings per share
Yup and the trades show it all 8.1 million trans; R 1.134 billion

434
Off topic / Re: Live chat
« on: July 19, 2016, 01:54:22 pm »
I think the situation should be fully investigated, and the facts drawn out before making disparaging comments or labeling someone a cheat - let sanity prevail over emotion 8)

435
Off topic / Re: Live chat
« on: July 18, 2016, 10:33:23 pm »
Not having followed this debate, but, is it not possible to unwind the whole transaction and then re create the transaction as it should have happened. Not sure if you purchase prices are hard coded - this could be a problem if they are

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