Author Topic: Peregrine  (Read 41996 times)

Orca

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Re: Peregrine
« Reply #45 on: January 26, 2016, 04:29:42 pm »
DBX very bad dividend payers!!!

Hehe - also true, but our beloved ZAR made up for all of that!

Good article on Moneyweb today. The JSE was the 3rd best performing market in the world for the past 111 years in Dollar terms.
InBev did not look at hedging the dollar or euro when they looked at SAB and it's holdings in ZAR.
« Last Edit: January 26, 2016, 04:31:15 pm by Orca »
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Patrick

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Re: Peregrine
« Reply #46 on: January 27, 2016, 12:24:17 pm »
DBX very bad dividend payers!!!

Hehe - also true, but our beloved ZAR made up for all of that!

Good article on Moneyweb today. The JSE was the 3rd best performing market in the world for the past 111 years in Dollar terms.
InBev did not look at hedging the dollar or euro when they looked at SAB and it's holdings in ZAR.

Link please Orca.

Orca

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Re: Peregrine
« Reply #47 on: January 27, 2016, 01:30:46 pm »
RYK VAN NIEKERK: But investors see rands, obviously the return in rands is the currency in South Africa, how should investors then look at it?

HLELO GIYOSE: Don’t spend time thinking about that. For the last 111 years, whether you splice this over the full 111 years, 50 years, 75 years, 20 years, South Africa is the third-best performing stock market in the world in dollar terms. So what does that say about that rand thesis?

http://www.moneyweb.co.za/moneyweb-radio/market-commentator-moneyweb-radio/when-volatility-happens-find-certainty/
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Moonraker

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Re: Peregrine
« Reply #48 on: January 27, 2016, 02:08:34 pm »

Orca

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Re: Peregrine
« Reply #49 on: January 27, 2016, 03:22:29 pm »
Was alluded to before. http://shareforum.co.za/shares/cherrypicking-tapouts/msg12564/#msg12564
I posted charts of the JSE INDI vs foreign large markets and it showed a similar performance. Investors see the weakening ZAR and scramble to get out without looking at the bigger picture.
They fail to realize that getting out creates a tax event and other costs and before they realize, the SA markets and the ZAR has normalized and gaining in value. Then they have to get the money back causing more expenses.
We have lived through many downgrades and ZAR/USD peaks and still managed to do better locally on a longer term.
Dawie Roodt is not a fool when he said last week that after every ZAR surge in weakness, it rapidly corrects and this may just happen as soon as next month and the boat is missed.
I started here with nothing and still have most of it left.