Author Topic: CML  (Read 204342 times)

Orca

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Re: CML
« Reply #120 on: September 12, 2013, 10:13:20 am »
Orca, if CML does tank will you climb in and buy more shares?
No yozzi. I am almost done with active investing as I have just about reached my target and will go for ETF's. Not that CML might be a has been great stock. She will still outperform other fund managers on the safety, risk and consistancy of their portfolios thereby attracting large institutional investors into the future. As the CEO said. " We cannot YET draw a line in the sand and say "This is as far as we can go","
At some stage this "YET" must come to an end as it is becoming increasingly difficult for them to buy and sell billions of Rands in shares. We have seen lately that they have resorted to acquisitions in companies.
I started here with nothing and still have most of it left.

Orca

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Re: CML
« Reply #121 on: September 23, 2013, 07:39:35 pm »
If Immobilier and gcr will allow me, I will post this chart. CML is at the end of her FY earnings. If the results are lower than expected then here is the support she will be headed to. That will be -18%. Not too bad and will be a good correction for her PE ratio to normalize.
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Orca

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Re: CML
« Reply #122 on: September 23, 2013, 07:58:27 pm »
Oops. Forgot to add that the results will be out in November and the 200sma will have gone up some. Perhaps to 6000 at most. Depending if it flattens.
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jaDEB

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Re: CML
« Reply #123 on: October 01, 2013, 02:39:58 pm »
Nice to see you having a good day Orca .....  :TU:
jaDEB

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Orca

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Re: CML
« Reply #124 on: October 01, 2013, 02:54:45 pm »
Nice to see you having a good day Orca .....  :TU:
Thanks jaDEB. Sure am after weeks of watching grass grow.
To be expected though because their FY books closed yesterday and as there were no corrections during the last half year, they locked in the profits for Nov report. The profits can only be excellent.
« Last Edit: October 01, 2013, 02:59:54 pm by Orca »
I started here with nothing and still have most of it left.

jaDEB

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Re: CML
« Reply #125 on: October 04, 2013, 12:15:19 pm »
See you above R70 again. I think your call for R90 by year end might be a good call, I think. I hope that my fishies clap the R105 level by year end.

It was at R97 in August.  O:-)
jaDEB

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Orca

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Re: CML
« Reply #126 on: October 04, 2013, 01:14:25 pm »
Above 70 and buy volumes much higher than sells. We should see a new high today.   ;D
I started here with nothing and still have most of it left.

Orca

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Re: CML
« Reply #127 on: October 04, 2013, 01:34:19 pm »
Just did. Went to 7077. Previous high was 7048.
Shouldn't go higher though. Perhaps only during auction.
I started here with nothing and still have most of it left.

Orca

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Re: CML
« Reply #128 on: October 06, 2013, 08:16:29 pm »
Just as I thought. Got stuck at 7070. The previous high was 7048 so frustrated traders were selling at a small profit after waiting so long to get out at a small profit or evens after costs.  8)
I started here with nothing and still have most of it left.

Orca

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Re: CML
« Reply #129 on: October 16, 2013, 11:03:00 am »
Funds under management coming out soon. CML is the best performing stock on the JSE over the past 5 year period with total returns of 1685%.
I started here with nothing and still have most of it left.

Orca

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Re: CML
« Reply #130 on: October 17, 2013, 07:26:32 pm »
Oh dear. Running past her feet again. She never learns. Due for a pullback very soon like in tomorrow. Then again the media (Best stock over 5 years) she has had lately might just be the cause of this upsurge. A pullback of R6 towards the 20sma will be good for long term sustainability.
I started here with nothing and still have most of it left.

Orca

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Re: CML
« Reply #131 on: October 22, 2013, 07:28:40 pm »
Too high too fast once again. Or is it results coming up.
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Moonraker

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Re: CML
« Reply #132 on: October 25, 2013, 12:15:23 pm »
Now who was throwing that 40% odd figure around ?

Trading Statement for the financial year ended 30 September 2013

Coronation Fund Managers Limited
(Incorporated in the Republic of South Africa)
(Registration number 1973/009318/06)
ISIN: ZAE000047353
Share code: CML
("Coronation" or “the Company”)

TRADING STATEMENT FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2013

In terms of the Listings Requirements of the JSE Limited, and further to the
SENS announcement of 13 August 2013, Coronation is pleased to report to
shareholders that earnings per share and headline earnings per share for the
financial year ended 30 September 2013 are expected to be between 90% and
110% higher than those for the prior financial year. Diluted headline
earnings per share are expected to be between 100% and 120% higher than those
for the prior financial year.

Coronation’s results for the year ended 30 September 2013 will be released on
or about 12 November 2013.

The financial information on which this trading statement is based has not
been reviewed or reported on by Coronation’s auditors.

Shareholders are further advised that Coronation’s total Assets Under
Management (AUM) figure as at 30 September 2013 (updated for each calendar
quarter end) will be available on the Investor Relations section of
www.coronation.com within an hour of this release.

Cape Town
25 October 2013

Orca

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Re: CML
« Reply #133 on: October 25, 2013, 12:41:02 pm »
I wonder if she will tank now? HY results was 88% and FY +- 110%. This makes it around 20% for second HY. Not bad but much less.
« Last Edit: October 25, 2013, 12:55:12 pm by Orca »
I started here with nothing and still have most of it left.

Moonraker

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Re: CML
« Reply #134 on: October 25, 2013, 12:53:59 pm »
I wonder if she will tank now?

Please Orca, don't wonder too much, you are making me nervous.  :))