Share Forum - Discuss JSE shares and join the Investor Challenge

Support you suggestion, but, as I noted on this forum the last R 100, 000 only now has some 14 working days to grow the value of your portfolio. Suggest we try it and learn what the real ramifications are and then in need compensate in the 2014 challenge

tgg78703 - if you were a seller of tcs you would argue that the real value of the company is 3 cents. Last week there were buyers for Alert Steel at something like 14 cents and sellers in the 60 and 70 cent range - what was/is the real value of Alert. Both are speculative shares so one will often get wide bids/offers prices and that the fund of have some spec shares in ones portfolio (real portfolio not this competition portfolio) that if your punt does come off you can make significant amounts of money, but you need to limit such spec shares - I limit my spec shares to 3 to 4% of total portfolio

I don't think we should be too concerned about aberrations such as these - this competition runs for another 6 1/2 months and I can't see the share maintaining this level through to end December. Also the person who picked these shares has a quandary in future months as they will get 100,000 per month going forward, will they invest in the same counter at the higher price or sit in cash - if they buy in at the higher price they could take a large smack when the price returns to 2 cents. This person is playing in the penny stock realms and as such may well experience the real worth of investing in some of those categories as penny stocks. The important thing is that this is a competition and it is to test your ability to invest over an extended period, penny stocks don't give you that, so we should just sit back and watch how the speculators do manage i this competition. There is no need to change the rules for the competition as they stand at present (though I am still of the opinion that one should be permitted to sell out of one counter either fully or partially once a quarter - called taking profits off the table)   

One of the cheaper ways of getting into the stock market without take huge risks with CFD or SSF's is through the vehicle of instalment shares. Normally you purchase full quantity of parcel of shares but only commit about 55% of face value cost up front - so in principle you could buy different counters. These are not warrants but instalment shares and they are put into the market by most of the banks. The shares are not traded as the normal share but have less churn. They are put in place for 1 year and you have the option to take them up at the strike price or you sell just before they come to term. One can expect fairly steady growth in their value in a bull market as they move in line with the main share

Very interesting article on the worlds 5 hottest stock markets. At the right hand side once entering the article is another article on the Worlds 40 best performing stock markets in 2013 - Botswana is ranked 7th and RSA doesn't even feature in top 40 even Kenya is listed

Seems like buyers are trying very hard to pull PSG's price down ahead of the LDT date on Friday - trying to top up my holdings but will see if it drops to my order price which is below R64 - here's hoping

But it seems the market already knew that their results were going to be good as the price movement seems to have been very muted

Ta - was just a question as there are many more participants than previous Sharechat competitions - so seems that this challenge is more to the liking of far more people
Well done