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Messages - gcr

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91
Off topic / Re: Live chat
« on: October 30, 2018, 11:46:16 am »
Markets move in cycles and have done ever since I started investing in 1967 when I started work - in '69 Retco and Glenanil took our market down significantly - we have had many corrections as well. The 2007/8 market drop cost me about R .5 million in 4 months - this latest correction in SA started in about January and my holdings have been reduced by a similar amount to date. This latest movement stems to my mind purely on political infractions which has had a severe effect on the economy and the constant reference to EWC to such an extent that farmers are not planting full harvest as they don't want to borrow funds to plant and fertilise if their farms are at risk. This non committal by farmers in the long run could have serious repercussions on food supplier; inflation, wages and government spending. Buying and selling shares/ETF is a very patient operation and I think that currently what is happening is that the speculators and the buy on overdraft brigade are being shaken out of the market 

92
Shares / Re: Hot Tip - BLU
« on: October 25, 2018, 10:05:35 am »
Quote from: PlatinumWealth.co.za on October 25, 2018, 09:50:30 am
I won't touch them. :)
Why??

93
Off topic / Re: Live chat
« on: October 19, 2018, 03:27:24 pm »
Well I wouldn't bank on that, given the idiot female running their IT operation. It was fairly obvious from her interview recently not only does she not know what to do with her paper packet, she doesn't even know it has an opening at one end :LHST:

94
Shares / Re: Hot Tip - BLU
« on: October 17, 2018, 07:08:16 pm »
The big shareholders of BLU are Allan Gray 19.46%; Shotput Investments (PTY) Ltd 14.83%; and Levy BM 12.52%; Levy MS 11.42%. The interesting aspect here is Shotput as this is a private company but directors are not listed - if you had access to CIPC you could determine who the directors are. There is a reasonable assumption on my part that you may well find the directors at Shotput are also directors at BLU - if so then they combined own +/- 38% of the shareholding and could well sway market direction. Also if you look at sens notifications then directors have been buying up shares, and the Levy's converted contracts for difference in September 2018
So do your homework before you dive into this "rumour"   

95
Off topic / Re: Live chat
« on: October 11, 2018, 03:41:57 pm »
Quote from: Patrick on October 11, 2018, 10:14:18 am
Anyone else thinking it's looking like buying time? I have some cash due to clear in a few days...


Patrick - my view is buy in smallish parcels of shares that you are interested in. Just remember that if your order is not filled and you roll it over you will be charged brokerage based on each days deals.
If you are placing your orders via a broker and not buying/selling live across their platform you may be able to swing it that he/she buy/sells during the broker window 08:50 - 9:00 a.m. and 17:00 - 17:10 p.m. daily

96
Off topic / Re: Live chat
« on: October 08, 2018, 09:59:48 pm »
Just having a look at our exchanges performance today as they say it is currently the lowest it has been for some time. My records show that on 16/04/2015 the Alsi was 54262.27 and the T40 was at 48003.52

The amount of political noise in our markets is certainly hurting all investors local and foreign.
The Reserve Bank used to publish inflows/outflow into/leaving our economy/market are these figures still published - used to be monthly - anybody know?

97
Off topic / Re: Live chat
« on: October 08, 2018, 04:13:37 pm »
4Q  :LHST:

98
Off topic / Re: Live chat
« on: October 03, 2018, 09:20:21 am »
Quote from: jaDEB on October 02, 2018, 04:45:18 pm
WHat IS haPpeNIng wiff CML ?
Nelson handed over the reins and now is merely a director

99
Off topic / Re: Live chat
« on: September 28, 2018, 04:13:57 pm »
And when does the competition finish December sometime?

100
Off topic / Re: Live chat
« on: September 25, 2018, 02:40:04 pm »
App - Here's a challenge to all those who play around and create apps. I pick my grandchild up one week day each week and the road (was dual direction in the early days) in front of the school is now single direction with a number of diagonal parking bays have been demarcated for parents and grandparents to park awaiting the children's release from school. Every time I go to collect the youngster I have to be selective in choosing a bay as the parkers of vehicles are parked so poorly that probably 10% - 15% can't be used.
Can someone develop an app to assist the mothers and grandmothers (predominantly - but there are some male persons who also experience difficulty in parking) to park their >:D vehicles correctly in these bays. Maybe the app can be used in conjunction with a transponder to ensure accuracy of parking

Any ideas and a solution would be most gratifying   >:D >:D :LHST:

101
Off topic / Re: Live chat
« on: September 21, 2018, 12:55:57 pm »
Hi Patrick - Libstar (LBR) does not appear on the listing of shares which can be purchased/sold - is this an omission or is it not available due its price limits

102
Off topic / Re: Live chat
« on: September 10, 2018, 02:44:43 pm »
Quote from: Nivek on September 10, 2018, 02:00:34 pm
Zuma is a very broke lame duck. He's no danger anymore.
Never underestimate a desperate and vile character person - their motivation is sheer revenge, and assuming unwarranted power 

103
Off topic / Re: Live chat
« on: September 04, 2018, 04:32:44 pm »
Yesterday my sister enquired on the Rand/Pound exchange rate 19.01 today 19.705

104
Off topic / Re: Live chat
« on: August 27, 2018, 02:56:50 pm »
Rules have changed slightly. Wonder what tax rate they use for the people who trade Sanlams system and how they are going to manage the tax aspects

105
Off topic / Re: Taking Money legally offshore
« on: August 23, 2018, 03:37:37 pm »
Ta
The bigger question is what is the purpose of the post count - does someone get a prize for the greatest or least number of posts :LHST:

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