3226
jaDEB it is Tuesday as doubts crept in about a turnaround plan that has seen the stock double in value this year
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3228
Shares / Re: Pulverized Sand Box
« on: September 16, 2014, 09:38:34 am »
Clover -
COMMENTARY
OPERATIONAL REVIEW
The year under review proved exceptionally challenging for consumers, producers and the dairy industry as a whole. Against a backdrop of a
weakening rand, rising CPI and high food inflation, these systemic issues were further impacted by one of the most protracted series of industrial
actions in our democracy's history.
The net effect was a decrease in earnings per share of 30,8 cents, down 23,1% and a decrease in headline earnings per share of 17,2 cents, some
14,3% lower than the comparative year.
For Clover, the following factors impacted on the business:
- Costs: We experienced strong overall inflationary cost pressures, especially on packaging and ingredient costs (which are dollar-based).
In addition, we increased the price we pay for raw milk to ensure on-farm sustainability.
These cost increases could not immediately be recovered due to a very constrained trading environment and weakened discretionary
consumer spend which necessitated a gradual price increase strategy.
- Lower sales volumes as a result of further selling price increases;
- The erosion of sales volumes due to rising inflation, especially in the non-alcoholic beverages segment; and
- A milk shortage during the winter following Clover's rebalancing of its milk purchasing agreements in preparation for its exit from
supplying raw milk at cost to Danone Southern Africa on 1 January 2015.
Lets hope this is not going to happen to my fishies - OCE ....
COMMENTARY
OPERATIONAL REVIEW
The year under review proved exceptionally challenging for consumers, producers and the dairy industry as a whole. Against a backdrop of aweakening rand, rising CPI and high food inflation, these systemic issues were further impacted by one of the most protracted series of industrial
actions in our democracy's history.
The net effect was a decrease in earnings per share of 30,8 cents, down 23,1% and a decrease in headline earnings per share of 17,2 cents, some
14,3% lower than the comparative year.
For Clover, the following factors impacted on the business:
- Costs: We experienced strong overall inflationary cost pressures, especially on packaging and ingredient costs (which are dollar-based).
In addition, we increased the price we pay for raw milk to ensure on-farm sustainability.
These cost increases could not immediately be recovered due to a very constrained trading environment and weakened discretionary
consumer spend which necessitated a gradual price increase strategy.
- Lower sales volumes as a result of further selling price increases;
- The erosion of sales volumes due to rising inflation, especially in the non-alcoholic beverages segment; and
- A milk shortage during the winter following Clover's rebalancing of its milk purchasing agreements in preparation for its exit from
supplying raw milk at cost to Danone Southern Africa on 1 January 2015.
Lets hope this is not going to happen to my fishies - OCE ....
3230
Shares / Re: Pulverized Sand Box
« on: September 16, 2014, 09:15:09 am »
Tencent - 
NPN -
OCE - Please go up, so I can sell and Buy more NPN
NPN -
OCE - Please go up, so I can sell and Buy more NPN
3231
Shares / Re: Pulverized Sand Box
« on: September 15, 2014, 02:23:31 pm »
Oil - 
OCE -
Tencent -
Naspers -
OCE -
Tencent -
Naspers -
3235
Shares / Re: Pulverized Sand Box
« on: September 12, 2014, 09:07:19 am »
Tencent - 
NPN - - I need this 1 to stay here 4 a while
OCE -
Bought @ R74, need this 1 to recover to say R85 then switch to NPN (Yes I know, leave hope at the door, I know)
But, Tiger Brands own 41% + others, thus very tightly held and somebody was selling last week hence the price drop I think.
Oceana shareholder Number of shares held Percentage of total issued shares
Tiger Brands 41,92
Brimstone 16,82
Oceana Empowerment Trust 11,70
Other 29,56
APN - Sold to soon
NPN -
- I need this 1 to stay here 4 a whileOCE -
Bought @ R74, need this 1 to recover to say R85 then switch to NPN (Yes I know, leave hope at the door, I know)But, Tiger Brands own 41% + others, thus very tightly held and somebody was selling last week hence the price drop I think.
Oceana shareholder Number of shares held Percentage of total issued shares
Tiger Brands 41,92
Brimstone 16,82
Oceana Empowerment Trust 11,70
Other 29,56
APN - Sold to soon
3236
Shares / Re: Which platform to use?
« on: September 12, 2014, 07:55:50 am »
No sorry Hamster, I only do shares, use a broker...
I do believe that it will be listed per platform, i.e. your holdings on 1 platform, say FNB will not be listed on a different platform.
I do believe that it will be listed per platform, i.e. your holdings on 1 platform, say FNB will not be listed on a different platform.