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Orca, see you stocked up on some more cml, your top performer, I stocked up on some more gfi, my bottom performer.

Jadeb and patrick still to decide, sj the cheater with a loophole also quiet

I also used to buy those toys when I was your age you know.
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I,m not young, just immature.

I take it you are are a pensioner then

Schindehutte suspended pending a disciplinary hearing.

JOHANNESBURG - A trade in Telkom SA SOC Ltd. stock by Chief Financial Officer Jacques Schindehutte has been referred to South Africa’s Financial Services Board’s Department of Market Abuse by the Johannesburg Stock Exchange, according to the FSB department’s head Solly Keetse.


I wondered about the ethics there

I don,t know quite how to explain my point in this , but let me try.

It might also be more appropriate to an trader and not investor.

There are always article comparing the growth in various shares, but they all have certain times frames involved.
i.e. Year to date
      1 Year
      2 Years

But they never ever show the true picture.

To sort of explain my point (the prices ar,nt exact and there might be some calculation errors

Take Telkom, if you bought in January at a about R18.50 you would have had about 50% growth year to date
but if you bought in may at R12 you would have had 134% at the moment.

SGL if you bought in February when they listed you would have paid R16.30 a share , trading at R14.18 today, a 13% loss
If you bought them in May R6.75, would would have made 110% Profit

This is one of the reasons that trading remains a viable despite the tax implication.

I think the point I trying to get across is that there are different ways of investing.

My way has always been to look for a company that is oversold , because of short term bad news and market sentiment but is a good company.

That way you maximise profits.

Otherwise you might as well just spread your risk and go Satrix and be content with 16% growth.

There are however many good shares that just grow, like cml 138% for the 12 months without many dips, but there are very few and far between.

But on 90 day growth they are 20%, SGL 60%, TKG 54%.

Just a different perspective I suppose

Amazing how a diversed portfolio with 2 or 3 bad counters bring a average down. Where one share can make you tops.

Apart from the penny guys I now know why all the other competitions limit a buy of a certain share  to 25% of your portfolio.

A fund manger must be risk adverse, not an opportunist. My portfolio is also wrong in that I have to much SGL, but it was the share of the moment as jaydeb has shown, telkom as jaymed has shown was also a buy .


but neither is a good investment strategy.

So apart from the nice blond you cannot link me up with , it is still fun

Was wondering about the buying strategy for the last 2 months.

Buy or just hold the cash.

Or in my situation, put more into the down shares and hope they recover with a better cost average

Well that's that for MoneyPenny. Who's next? tgg? I think he has posted here so he is my next target. 
This is getting tiring but I will persevere. After tgg, it will be my good fiend Alf101. Oh no. He has penny stocks so he is dissed. Sorry my fiend. jaDEB is next but he is far too high for me.

 

If my gfi and aeg recover it could be a tough call

BTI 5.741 cents - LDT: 2013-08-19