3541
What did u buy it at?
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3547
Shares / Re: Today's Outlook
« on: April 29, 2014, 09:16:52 am »
Gold 1293 vs 1284 , $/R 10.56 vs 10.58, Copper 6.75 vs 6.67 , Nickel 18.09 vs 18.52 , Oil 101.17 vs 101.67
3548
Shares / Re: Pulverized Sand Box
« on: April 28, 2014, 10:45:23 am »
JOHANNESBURG (Reuters) - African Bank Investments has entered a non-binding agreement with Edcon to be a secondary credit provider for the South African retailer's customers, the two companies said on Friday.
The bank, which also sells furniture on credit, has suffered from a rise in bad loans as debt-laden South Africans struggle to meet their obligations against a backdrop of stubborn unemployment and rising inflation.
Absa, the South African unit of Barclays Africa Group, became the primary credit provider for Edcon customers when it bought the private label store's card portfolio for 10 billion rand ($940 million) in 2012.
"As a secondary credit provider, African Bank would provide credit to Edcon customers who do not fit within the Absa Bank credit criteria," Edcon said in a statement.
Abil said signing the term sheet with Edcon formed the basis for negotiations and customers would be granted credit subject to its lending criteria.
Despite relatively easy access to credit, many South Africans have scaled back consumption, hit by higher fuel and electricity prices and rising interest rates in Africa's most advanced economy.
Retail sales growth in February came in at 2.2 percent year-on-year in February, much lower than the 3.5 percent analysts had expected.
The bank, which also sells furniture on credit, has suffered from a rise in bad loans as debt-laden South Africans struggle to meet their obligations against a backdrop of stubborn unemployment and rising inflation.
Absa, the South African unit of Barclays Africa Group, became the primary credit provider for Edcon customers when it bought the private label store's card portfolio for 10 billion rand ($940 million) in 2012.
"As a secondary credit provider, African Bank would provide credit to Edcon customers who do not fit within the Absa Bank credit criteria," Edcon said in a statement.
Abil said signing the term sheet with Edcon formed the basis for negotiations and customers would be granted credit subject to its lending criteria.
Despite relatively easy access to credit, many South Africans have scaled back consumption, hit by higher fuel and electricity prices and rising interest rates in Africa's most advanced economy.
Retail sales growth in February came in at 2.2 percent year-on-year in February, much lower than the 3.5 percent analysts had expected.
3552
Shares / Re: Pulverized Sand Box
« on: April 24, 2014, 08:55:10 am »
Nope, still have it. And also in Comp.
ABL -
GNL -
OCE -
BIL -
ABL -
GNL -
OCE -
BIL -
3553
Shares / Re: Today's Outlook
« on: April 24, 2014, 08:28:15 am »
Gold 1284 vs 1283 , $/R 10.58 vs 10.54, Copper 6.67 vs 6.61 , Nickel 18.52 vs 18.46 , Oil 101.67 vs 101.68
Shares in tech heavyweights Apple and Facebook held hefty after-hours gains on Thursday as their results handily outpaced Wall Street expectations, though Asian markets managed only a mumbled cheer. The Nikkei slipped 0.97 percent with some investors apparently disappointed that a meeting between Japanese Prime Minister Shinzo Abe and U.S. President Barack Obama made no concrete progress on a trade
Shares in tech heavyweights Apple and Facebook held hefty after-hours gains on Thursday as their results handily outpaced Wall Street expectations, though Asian markets managed only a mumbled cheer. The Nikkei slipped 0.97 percent with some investors apparently disappointed that a meeting between Japanese Prime Minister Shinzo Abe and U.S. President Barack Obama made no concrete progress on a trade
x 2 . 3555
Shares / Re: Pulverized Sand Box
« on: April 23, 2014, 03:09:53 pm »
Any one have an Idea why ABL is up 7% .... 
