451
Off topic / Re: Live chat
« on: June 26, 2016, 11:59:53 pm »This will reverberate throughout the markets for some months but I see the UK may have early erections before year end. The UK will never exit as they cannot loose London.
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452
Off topic / Re: Live chat
« on: June 21, 2016, 02:58:50 pm »Sorry, why are you buying NUT ?These are my high risk shares in my portfolio and I want them to climb to 10 cents over the next 5 years and if they do I will make a bucket load of cash. They may even consolidate their shares in the future maybe on a 100 : 1 basis ( I am hoping they go this route once they get themselves sorted out). Should they go nowhere and get liquidated then I will use the loss to offset CGT on shares that I sell in the future. They have been as high as 4 cents in the last year, but if I lose out then I can afford to take the knock
453
Off topic / Re: Live chat
« on: June 21, 2016, 12:59:55 pm »I sold my AVL, 4 trades same time, but diff prices. and trade cost was same as if I sold 1 trade.If one or more trades are executed on the same day then you pay brokerage based on a single sale, however if it is only partially filled and it rolls over to the next day then you pay brokerage for the first days transaction and then brokerage is charged at the next days transactions
454
Off topic / Re: Live chat
« on: June 21, 2016, 12:12:18 pm »
I have a conundrum which some forum peoples may have experienced and got a solution to the problem
I want to buy a further 500,000 (NUT) at 1 cent (I have no problem waiting weeks to have the order executed), but I don't want to place the order myself over my brokers on line system as the chances are high that the order will not be executed in a single parcel, thus for every transaction executed it would incur brokerage per transaction. My brokers are not prepared to make it known to other brokers within the country that they have an order for 500,000 shares and then establish what the other brokers have to sell so that the parcel can be fully met. Initially they put me onto a portfolio manager who confirmed that this could not be done, but they were more than eager to assist with my portfolio and evaluate buys and sells.
So my question is has any other forum person been confronted with such a problem and whether their brokers assisted them with such a purchase/sale
Would be interested in knowing, as some 45 years ago when I was in a scrip department this was a normal function of stockbrokers in those days.
Thanks in anticipation to responses
I want to buy a further 500,000 (NUT) at 1 cent (I have no problem waiting weeks to have the order executed), but I don't want to place the order myself over my brokers on line system as the chances are high that the order will not be executed in a single parcel, thus for every transaction executed it would incur brokerage per transaction. My brokers are not prepared to make it known to other brokers within the country that they have an order for 500,000 shares and then establish what the other brokers have to sell so that the parcel can be fully met. Initially they put me onto a portfolio manager who confirmed that this could not be done, but they were more than eager to assist with my portfolio and evaluate buys and sells.
So my question is has any other forum person been confronted with such a problem and whether their brokers assisted them with such a purchase/sale
Would be interested in knowing, as some 45 years ago when I was in a scrip department this was a normal function of stockbrokers in those days.
Thanks in anticipation to responses
455
Shares / Re: new to this
« on: June 20, 2016, 11:02:36 pm »
Bread - if you want to take risks with a company like PPC, you need to look at 2 things 1) what are the construction companies doing and are their project pipelines healthy. 2) What business building plans are in the pipeline and what have been approved.
PPC has steep competition from Afrisam (inside RSA) and also has competitors sitting outside of RSA.
Mall of Africa has been the latest large development but that was hatched 15 years ago - there is the development out at Modderfontein and PPC will undoubtedly get a slice of the action, but there are currently not enough large developments to sustain all the cement makers
So I would not invest in PPC - though I did invest in them in early 2000 to about 2009 when they were chugging along with an expanding economy going into the World Cup - I did making money out of this counter
PPC has steep competition from Afrisam (inside RSA) and also has competitors sitting outside of RSA.
Mall of Africa has been the latest large development but that was hatched 15 years ago - there is the development out at Modderfontein and PPC will undoubtedly get a slice of the action, but there are currently not enough large developments to sustain all the cement makers
So I would not invest in PPC - though I did invest in them in early 2000 to about 2009 when they were chugging along with an expanding economy going into the World Cup - I did making money out of this counter
456
Shares / Re: My retirement blog.
« on: June 17, 2016, 08:50:16 am »If you scroll up you will see the time stamp of your message and the time stamp of my message and they are different by about an hour. Nothing wrong with my time on my computer or clock in my study.Time stamp on messages seems a little awry - above post was done at 12.38 today yet my computer clock says time is 11.38Sounds like a timezone misconfiguration on your pc. Perhaps even a daylight savings setting.
Sent from my iPhone using Tapatalk.
457
Off topic / Re: Live chat
« on: June 16, 2016, 12:42:10 pm »I did say that the JSE was NOT hacked. Read properly.semantics
458
Off topic / Re: Live chat
« on: June 15, 2016, 10:51:16 pm »
Orca - Oakbays website was hacked - not the JSE
459
Off topic / Re: Live chat
« on: June 15, 2016, 04:21:44 pm »
Seems like hackers got into their website and pulled it down
460
Off topic / Re: Live chat
« on: June 15, 2016, 01:36:38 pm »
What happened at Oakbay share seems to have dropped by some R 20.86 to R 2.14 - that's a significant correction
461
Off topic / Re: Live chat
« on: June 15, 2016, 11:57:45 am »Moon - Not at loggerheads - just a view which seems diametrically opposed to yours - so don't take umbrage when others have a different view or don't subscribe to your views, after all this is a forum for expressing opinions. Also not everybody expresses opinions on this forum so your statement "Funny nobody .......... consequences" seems somewhat dismissive of peoples views on Brexit@gcr ANC stuff playing second fiddle to Brexit. Have you checked the world markets ?FTSE 100 has run a range of 5862 Feb 16th to 6044 per June 13th so no real massive changes it is a drop since June 7th when it was 6284 - so not convinced Brexit is having a substantial effect on our market
At loggerheads again I see. No, the decline in our market as well as in markets worldwide over the past couple of weeks, is attributable practically solely to Brexit fears as a result of several polls putting the leave camp ahead. Fear of the chaos that could result is best illustrated by this Bloomberg article http://www.bloomberg.com/news/articles/2016-06-13/eu-referendum-the-first-100-days-of-brexit
European markets have in many cases declined by more than our market - witness the nearly 9% decline of the STOXX50 since May 21st. in the attached chart.
So, ANC stuff for a change, IS playing second fiddle to Brexit.
Funny nobody here seems worried about a possible Brexit and the consequences. I hope it will not occur.
Brexit has contributed to a strong risk-off situation worldwide, our market follows EU and US markets etc. etc.
So let's both suck it up and move on as it is obvious we differing views of local and external markets
462
Shares / Re: My retirement blog.
« on: June 15, 2016, 11:37:59 am »
Time stamp on messages seems a little awry - above post was done at 12.38 today yet my computer clock says time is 11.38 
463
Off topic / Re: Live chat
« on: June 14, 2016, 06:22:37 pm »@gcr ANC stuff playing second fiddle to Brexit. Have you checked the world markets ?FTSE 100 has run a range of 5862 Feb 16th to 6044 per June 13th so no real massive changes it is a drop since June 7th when it was 6284 - so not convinced Brexit is having a substantial effect on our market
464
Off topic / Re: Live chat
« on: June 14, 2016, 04:28:57 pm »
I see the JSE is taking strain
Date Alsi Top 40
14/6/16 51656 45654
20/6/14 51380 46274 (all time highs on this date)
Very volatile market lately - due mainly to all the ANC good story to tell syndrome
Date Alsi Top 40
14/6/16 51656 45654
20/6/14 51380 46274 (all time highs on this date)
Very volatile market lately - due mainly to all the ANC good story to tell syndrome
465
Off topic / Re: Live chat
« on: June 11, 2016, 08:42:47 am »hiWell this salutation really deserves a response
Hi