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Author Topic: CML  (Read 285518 times)

Orca

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Re: CML
« Reply #240 on: November 14, 2014, 10:54:42 pm »
Quote from: yozzi on November 14, 2014, 12:03:10 pm
Are we seeing the price rise to over R102 due to buyers getting in to benefit from the expected divi?

Yes, but expect the post divi to take ages to revive as normal.
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jaDEB

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Re: CML
« Reply #241 on: January 15, 2015, 03:15:09 pm »
ASSETS UNDER MANAGEMENT

Shareholders are advised that Coronation’s updated figure for
Assets under Management (AUM) as at 31 December 2014 will be
available on the Shareholder Information section of
www.coronation.com within an hour of this release.

This is done for each calendar quarter end.

Cape Town
15 January 2015

Assets under management as at 31 December 2014 total R604 billion
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jaDEB

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Orca

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Re: CML
« Reply #242 on: January 21, 2015, 08:54:02 pm »
Looking better but not out the woods yet. Movements of R4 to R6 in a day seems too common in this market climate.

Sorry, the 26 MA should be 9 MA.
« Last Edit: January 24, 2015, 06:15:12 pm by Orca »
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Orca

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Re: CML
« Reply #243 on: January 27, 2015, 04:07:00 pm »
Quite strong support levels as shown here. Three support levels come together here.
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Orca

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Re: CML
« Reply #244 on: February 18, 2015, 10:05:41 pm »
jaDEB requested a prediction for 2015 so here goes.

A brief history in time.---- Now this rings a bell. Some scientist said this. Perhaps Richard Dawkings or Richard Hawkings. I'm sure it was not Branson. Not sure but anyway. The reason why jaDEB asked me this is because he and I are the longest members of what he calls "The Dark Side"forum and he remembers how I hyped up CML since 2009 with much criticism as she was the only stock in my portfolio. I call her "She" as I was married to her. I had a blog there that I updated monthly with my actual money balance that I had in her with my withdrawals as I had retired early and relied on her performance.

As my balance grew over time, the criticism dwindled to the point that I got emails thanking me for pointing them to this relatively unknown stock trading at under R20 at the time. I did not mean to give advice. I was only giving my personal experience. 

The reason I chose CML. Well, my managed account lost 45% of my "pension money" during the crash of 2008/9 so I as a dumbo with stocks was thrown in the deep end to do it myself. So I sold at the very bottom and went into cash then looked into past good momentum stocks and found CML to be the best to regain my losses. This was my pension money after all and I just could not make a mistake as I was not getting any younger. I was hell bent on recouping my loss.

I meant that to be a brief history but..... Anyway, I was on a good stock that more than met my needs and allowed me to retire in Portugal before I expected. She made about 1,450% returns but I actually did not do as well as that as I sold and re bought on occasions. Stupid me. Tax tax tax.

Sorry about the preamble and long post but I will give my opinion next.









 
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Orca

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Re: CML
« Reply #245 on: February 18, 2015, 10:42:53 pm »
CML was very predictable in her youth as she was a momentum stock and not traded. Now she has become a trading stock as can can be seen on the large volumes traded per day and will follow traders technical charts to some degree.

My concern is that her purse is now full and cannot accommodate any more investments into her. So the Assets Under Management (AUM) will decrease. It has to as how is it possible to buy a stock on market for R100M? They now have to negotiate Off Market Bulk Purchase with the Co's concerned.

So now I am bowing out of CML but it is still a good stock and expect a modest 35% pa return for this year. Yes, this is great if you compare it to STXIND 23%
Topi 40 10% for the year.

The good green bodied candles and the MACD has made a buy on Short Term only.

Over 2 years:
CML 127%
INDI 60%
TOPI 35%

No bonuses paid to CML managers for the next results so I expect good earnings as I see that their UT's are doing exceptionally well over the benchmarks.
 

« Last Edit: February 18, 2015, 10:50:42 pm by Orca »
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Orca

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Re: CML
« Reply #246 on: April 11, 2015, 10:06:20 pm »
i have been rather negative with CML as of late as she has given me 0% over the past year but things may have changed. Here in Europe, the market analysts have targeted Emerging Markets as the "Money to be in" compared to developed markets. This has been big on Business News here from last week.

Perhaps this is why CML has "revived" as more foreign investments are expected to pour into the bulging Coronation purse.
Over full in my view as they cannot do acquisitions but have to negotiate Off Market share buying as buying R1Billion On market is just impossible.

Here is a chart of CML. The short term chart shows lower lows and lower highs that put her into her down trend. Note that this chart has "weekly candles" and not the daily so it is more for longer term. Seems like she has to get to R120 soon.
   
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Patrick

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Re: CML
« Reply #247 on: April 13, 2015, 08:35:03 am »
That would be good news, not only for CML, but the market in general. If you find a good news link pleae post it.
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Mr_Dividend

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Re: CML
« Reply #248 on: April 18, 2015, 07:43:19 pm »
I have CML to release a trading update on the 24th or (because of the ph 28)? Not sure where I am getting that from, but I guess previous SENS?

I am expecting pretty decent results for the simple reason that CML is a proxy for the market. Market did badly last year - CML lagged, yet the market has done well this year but CML has still flat lined.

Gut says we will see a jump soon to R125 - R130 level - after this trading statement.

Could be wishfull thinking - I have over 10% in CML.

If not I'll pull out my sour grapes card and say I'm in it for the dividend, which I am....  8)
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Orca

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Re: CML
« Reply #249 on: April 20, 2015, 01:28:23 pm »
If no trading statement by next Friday, I will sell my entire CML holdings but I am positive due to the following:
Coronation's flagship UT continues to be by far the best 5 year performer. Up by +-230%.
Coronation UT's are the most clicked on UT's. Moneyweb, I think stated this. Or was it MoneyMorning?
Foreigners targeting superior gains in emerging markets.

Hopefully they will pay performance bonuses out as shares and not in cash again this year.
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Mr_Dividend

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Re: CML
« Reply #250 on: April 23, 2015, 07:10:20 pm »
Bought a few more this morning - so I hope the news I am expecting is in SENs tomorrow...
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Mr_Dividend

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Re: CML
« Reply #251 on: April 28, 2015, 04:55:31 pm »
The board of directors of Coronation is satisfied that a reasonable degree of certainty exists that
diluted headline earnings per share (“DHEPS”) for the half year ended 31 March 2015 are expected
to be between 5% (261.6 cents) and 15% (234.1 cents) lower than the DHEPS for the half year ended
31 March 2014 (275.4 cents).

 :'(
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Patrick

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Re: CML
« Reply #252 on: April 28, 2015, 05:52:32 pm »
Ouch yeah I felt that drop!
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Orca

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Re: CML
« Reply #253 on: April 29, 2015, 01:18:35 am »
I felt it big time in like R200k gone in 30 minutes. Hopefully it was overdone and will not carry on down. . Coronation did after all win the Raging Bull Award for this year This means all the other UT Managers did worse.
The AUM gain was not too bad and more than I expected.
 
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gcr

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Re: CML
« Reply #254 on: April 29, 2015, 08:51:45 am »
Well I see some joker is bidding R 101.29 against offers of R 95
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