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Author Topic: CML  (Read 284970 times)

tgg78703

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Re: CML
« Reply #60 on: June 09, 2013, 07:23:31 pm »
ok so you see the stock market increasing in value as it has since 2009, I don,t

I actually thought it would have had a decrease last year already, but did not, some of our local shares have started going  down hill, but the abroad shares will follow, so I really do not see them generating the same profits from here on.

and this type of share has no value behind it is only income generated, so if the income has to fall the share suddenly has no value
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tgg78703

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Re: CML
« Reply #61 on: June 10, 2013, 07:30:49 pm »
Many unit trusts have had the same or better performances with an fraction of the risk. To invest all in one company is never and good idea.

many people rely on cml for the high income, what will happen to the price of cml if that income is not high enough.

Will there be enough buyers.

I am not trying to bad mouth the share. But many seem to be investing without following the basics. I invest and trade on the jse, but spread my risk.

I do not put my life savings into shares but have a complete portfolio, Own property I stay in, Own property I rent out for a income guaranteed to increase, Have money in insurance products, invest on the jse to enhance growth and make a couple of bucks if I read it correctly.

Investing consists of 3 pillars, Spread your risk


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yozzi

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Re: CML
« Reply #62 on: June 26, 2013, 10:22:55 am »
Hi guys, haven't been online for a few months and of course went to the old website but nobody home! Trying to tell me something?  :))

CML - do you see any dips in the near future or is it on it's way to bigger things as I want to buy R83k's worth?
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AVM

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Re: CML
« Reply #63 on: June 26, 2013, 10:39:13 am »
Quote from: yozzi on June 26, 2013, 10:22:55 am
Hi guys, haven't been online for a few months and of course went to the old website but nobody home! Trying to tell me something?  :))

CML - do you see any dips in the near future or is it on it's way to bigger things as I want to buy R83k's worth?

CML is a purely profit based company. As long as the JSE keeps going up, they'll keep making profits, pay good dividends and likely increase in value. Some valuations I've seen put fair value in the early 90's. If the market keeps heading up that shouldn't be a problem. Pity you didn't have the money to put away a couple of days ago!
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jaDEB

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Re: CML
« Reply #64 on: June 26, 2013, 02:22:04 pm »
Quote from: yozzi on June 26, 2013, 10:22:55 am
Hi guys, haven't been online for a few months and of course went to the old website but nobody home! Trying to tell me something?  :))

CML - do you see any dips in the near future or is it on it's way to bigger things as I want to buy R83k's worth?

OK so I see you buying with your R83k and pushing the price up, thanks. Now do the same with OCE thanks.
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jaDEB

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jaDEB

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Re: CML
« Reply #65 on: June 26, 2013, 03:31:05 pm »
Thanks will do so.
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jaDEB

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MarketMaker

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Re: CML
« Reply #66 on: June 26, 2013, 08:27:48 pm »
Quote from: Orca on June 26, 2013, 02:29:35 pm
Profit taking started when she climbed too high above the center 20 SMA line that was also her support as can be seen further back.

Moving averages are not support or resistance levels. What on earth are you talking about?

Quote from: Orca on June 26, 2013, 02:29:35 pm
She broke through the sma and stopped on the lower Bollinger Band support and slowly climbed back up to the sma that became resistance.

You're making the fundamental mistake that all amateurs make when attempting to read technicals. You're recursively attempting to analyse the movements without understanding what it is you're looking at. And again, moving averages are not support and resistance levels. Never have they indicated such, nor will they ever.

You are attempting to discuss technical analysis that you clearly haven't the foggiest idea about...

Quote from: Orca on June 26, 2013, 02:29:35 pm
Today she managed to break through it and with good volumes and if she can close above it today then the sma should become support once more and her next target is the top BB at 6500.

What the hell are you talking about again? See previous posts...

Quote from: Orca on June 26, 2013, 02:29:35 pm
Now 6500 will once again be too high above the sma and it will drop again towards the sma support with profit taking.

You're really fixated on SMAs for some reason. They do not represent market sentiment and certainly don't dictate CML's movements. Again, you're analysing technicals incorrectly. If the SMA dictated CML volatility and trading range (as you incorrectly imply) then why are you not trading it?

Quote from: Orca on June 26, 2013, 02:29:35 pm
If this support can hold then the BB's channel will get narrower with time and make her less volatile.
This is a perfect scenario and nothing is perfect on the markets.

Actually this is a bullshit scenario - one that you concocted in your own head...
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yozzi

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Re: CML
« Reply #67 on: June 27, 2013, 10:06:40 am »
Quote from: jaDEB on June 26, 2013, 02:22:04 pm
Quote from: yozzi on June 26, 2013, 10:22:55 am
Hi guys, haven't been online for a few months and of course went to the old website but nobody home! Trying to tell me something?  :))

CML - do you see any dips in the near future or is it on it's way to bigger things as I want to buy R83k's worth?

OK so I see you buying with your R83k and pushing the price up, thanks. Now do the same with OCE thanks.

No haven't bought yet had an order to buy at R57 but don't see it going back there so will try and get the best price under say R60
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AVM

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Re: CML
« Reply #68 on: July 02, 2013, 01:48:36 pm »
There is no resistance  >:D
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jaDEB

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Re: CML
« Reply #69 on: July 02, 2013, 04:24:30 pm »
Orca, u by the coast? Please feed my fishies ..  :laugh:
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jaDEB

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AVM

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Re: CML
« Reply #70 on: July 08, 2013, 11:18:35 am »
The fair value calculation you're mentioning was based on the last set of results. As CML is a purely profit based share a bad set of results could change that drastically for the worse. On the plus side, a good set of results could also change it drastically for the better.
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jaDEB

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Re: CML
« Reply #71 on: July 15, 2013, 11:04:07 am »
Orca, can you please sell, then it will shoot past R70.  8)

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jaDEB

If it scares you, it's a sign you need to do it

jaDEB

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Re: CML
« Reply #72 on: July 15, 2013, 12:02:49 pm »
Dammit Orca, concentrate, concentrate .....  >:(

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jaDEB

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gcr

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Re: CML
« Reply #73 on: July 15, 2013, 12:13:11 pm »
Quote from: Orca on July 15, 2013, 11:48:27 am
Just tried to jaDEB. Too volatile. Tried at 6840, then at 6828 and then it dropped to 6785 so left it.
Just put an order on to sell at R 70 expiring end September and sit back and wait for it to get to that level. If the funds under management are not stella I doubt that the sensible investor will punish them it will only be the trader who may take flight.  :TU:
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Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

gcr

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Re: CML
« Reply #74 on: July 15, 2013, 02:18:46 pm »
Quote from: Orca on July 15, 2013, 12:47:40 pm
We will see what happens next week. Put an order in at 6800 for half my holding. Portfolio too heavy with CML.
Would that be your 12267 shares sitting there just about to be gobbled up - currently trading 67.91 and should hit 68 this afternoon. OOPs some have gone at 68 already
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Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein
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