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Author Topic: Advice on Stock Picks  (Read 14952 times)

Junz

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Advice on Stock Picks
« on: March 06, 2014, 02:15:00 pm »
Hi All,

Im new to this forum and also fairly new to trading,

I want to invest in the following companies, I have made up my mind to invest in them over the short term ( 1 - 3 years ) but would like know your thoughts on them

GLN - Glencore Xstrata
GIJ - Gijima Holdings
AQP - Aquarius Platinum


Thanks again
Junz
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jaDEB

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Re: Advice on Stock Picks
« Reply #1 on: March 06, 2014, 05:15:04 pm »
I have GLN and will keep it till mid year or later.

GIJ I do not follow or like, to much issues in the past
AQP I prefer gold above Platinum.


My 2c.
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Aragorn

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Re: Advice on Stock Picks
« Reply #2 on: March 07, 2014, 08:58:08 am »
Quote from: Junz on March 06, 2014, 02:15:00 pm
Hi All,

Im new to this forum and also fairly new to trading,

I want to invest in the following companies, I have made up my mind to invest in them over the short term ( 1 - 3 years ) but would like know your thoughts on them

GLN - Glencore Xstrata
GIJ - Gijima Holdings
AQP - Aquarius Platinum


Thanks again
Junz
Wouldn't touch Gijima with a barge pole.
GLN - won't shoot the lights out, but should be a steady bet.
AQP - I'm not into Platinum shares, but could be a good bet if the plat price continues with an upward trend (we all know the ZAR is going to weaken anyway).
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Moneypenny

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Re: Advice on Stock Picks
« Reply #3 on: March 07, 2014, 09:34:26 am »
Hallo Junz

Like the fact that you have made up your mind regardless of other opinions (even if its only time-frame wise at this stage), that is rule no.1 of trading/investing.

With regards to your Q and I'm only looking at year 1 now:

GIJ:  No
AQP: No
GLN: Fair chance

Check out the Tax-thread and time-frames with regards to investing, important.  Good luck.
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Junz

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Re: Advice on Stock Picks
« Reply #4 on: March 07, 2014, 11:54:56 am »
Thanks,

Although GIJ has been doing really bad lately i believe it can turn around, at the price it costs the investment is worth the risk for me, just the big question of how long,

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yozzi

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Re: Advice on Stock Picks
« Reply #5 on: March 07, 2014, 04:13:08 pm »
Quote from: qriffin on March 07, 2014, 12:15:13 pm
Quote from: Junz on March 07, 2014, 11:54:56 am
Thanks,

Although GIJ has been doing really bad lately i believe it can turn around, at the price it costs the investment is worth the risk for me, just the big question of how long,

Why risk your investment, just buy CML

A while back the CML price was predicted to peak at R92 so with it hitting R90 today do you still see more upside and if so how much?
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Orca

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Re: Advice on Stock Picks
« Reply #6 on: March 07, 2014, 04:54:18 pm »
She will carry on up to at least September results. No doubt about it. I predicted 90 by month end!!!!!
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yozzi

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Re: Advice on Stock Picks
« Reply #7 on: March 07, 2014, 05:04:15 pm »
Orca, where do you see it going by Sept? Did you give a price of about R140 before?
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Orca

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Re: Advice on Stock Picks
« Reply #8 on: March 07, 2014, 05:59:39 pm »
Quote from: yozzi on March 07, 2014, 05:04:15 pm
Orca, where do you see it going by Sept? Did you give a price of about R140 before?

I did state 140 by September as the fees paid are locked in and not yet reported in their next trading report. The markets have not done badly to date.
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Orca

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Re: Advice on Stock Picks
« Reply #9 on: March 07, 2014, 07:23:06 pm »
Lookie here. Broken through resistance that is now support. Plus the round number of 90 is also psychological support. Went through with a breeze. Come Monday, we will see if she gets sold by traders taking money off the table.
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Neil

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Re: Advice on Stock Picks
« Reply #10 on: March 08, 2014, 03:41:06 pm »
This is why I wouldnt touch Gijima:

http://www.iol.co.za/news/politics/anc-funder-probed-1.1654804#.UxsbQ_ldVdU

There are many other articles to substantiate this one. I investigated Gijima in late 2012 and found all sorts of articles like this one.

To cut it short Gijima's success in the past has been due to goverment contracts which Robert Gumede has gotten because he is a ANC benefactor. So without his "friends in high places" Gijima wouldnt even exist (i.e. bankrupt).

DO YOUR HOMEWORK, IT PAYS TO DO SO, AND YOU WILL LOSE MONEY IF YOU DONT. ;)
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Disclaimer:The views/opinions expressed in this post are that of the writer and are not to be interpreted as advice, nor as a indication to buy/sell any investment or equity. The writer will not be held liable for any profit or loss resulting from reading of this post by the reader in any form.
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