Author Topic: Pulverized Sand Box  (Read 209034 times)

jaDEB

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Re: Pulverized Sand Box
« Reply #60 on: August 01, 2013, 10:37:39 am »
I bought 1/2 at R98.11 & 1/2 at R95.09.   ??? High was R98.76. But fine, I see what you mean. My tablets was wearing off, off course we also know, now that I sold CML it will shoot the lights out.

I will go sit in the corner and think about what i did.

jaDEB

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Orca

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Re: Pulverized Sand Box
« Reply #61 on: August 01, 2013, 11:10:54 am »
Now keep OCE. The market has not yet priced in the acquisition of Glenryke. It will shoot the lights out with the next set of results. Plus the fact that we had a warmer than normal winter increasing the sardine and pilchard catches. :TU:
I started here with nothing and still have most of it left.

Patrick

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Re: Pulverized Sand Box
« Reply #62 on: August 01, 2013, 11:38:24 am »
Added to my competition portfolio  8)

jaDEB

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Re: Pulverized Sand Box
« Reply #63 on: August 01, 2013, 11:44:31 am »
Thanks Orca.. sounds good.

Al Debbo....  :wall: see he passed away 2011 --- Son brillietjies

jaDEB

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gcr

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Re: Pulverized Sand Box
« Reply #64 on: August 01, 2013, 12:00:43 pm »
I am not convinced that this share will shoot the lights out - it made some of its profits on exchange rate differences and in some cases it's quotas have been reduced. The share was trading at R 79.50 on 25/06/2013 so I do think at current levels it is fully priced having increased quite dramatically in just over a month. Its P/E and future P/E are both above 16 which in their sector may or may not be acceptable 
Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

jaDEB

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Re: Pulverized Sand Box
« Reply #65 on: August 01, 2013, 12:35:25 pm »
I would agree with you, but then we both would be wrong ......  :LHST:

Just kiddin, yes, all you say is correct. The reasons I bought is as follows:-

1. Tablets was wearing off.
2. I felt that CML has less potential to go up. (Do not shout at me Orca. just my opinion)
3. I was thinking of buying, but was delaying, then I saw the price go to R98, thus I thought there might be some action as it is a tightly held share.

my 2 fishies.
jaDEB

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ptomli

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Re: Pulverized Sand Box
« Reply #66 on: August 01, 2013, 03:17:42 pm »
Now keep OCE. The market has not yet priced in the acquisition of Glenryke.

Do you really read and digest the news?

Can I quote from the SENS of the acquisition:

Quote
It is the intention of Oceana to enter into an agreement to dispose of the Glenryck
Trademark should the Transaction become unconditional. Should Oceana not be
successful in disposing of the Glenryck Trademark then Foodcorp will have the
alternative to retain the Glenryck Trademark and reduce the purchase consideration
accordingly or alternatively cause the Transaction to fail.
http://dashboard.fin24.com/News/SENS/?ArticleId=428076&Ticker=OCE

Their intent it clearly to dispose of the brand, so "pricing in" is not really relevant. Neither has anything further been announced regarding its disposal.

Orca

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Re: Pulverized Sand Box
« Reply #67 on: August 01, 2013, 03:47:50 pm »
I did read that and am just as pleased as OCE that the cautionary was withdrawn.
I started here with nothing and still have most of it left.

Orca

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Re: Pulverized Sand Box
« Reply #68 on: August 02, 2013, 06:08:33 pm »
I am not convinced that this share will shoot the lights out - it made some of its profits on exchange rate differences and in some cases it's quotas have been reduced. The share was trading at R 79.50 on 25/06/2013 so I do think at current levels it is fully priced having increased quite dramatically in just over a month. Its P/E and future P/E are both above 16 which in their sector may or may not be acceptable
They won't let the Glenryke label issue get them off buying the fishing rights and quotas. This acquisition will reflect positively in their next results and even more in time to come.
I started here with nothing and still have most of it left.

Moonraker

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Re: Pulverized Sand Box
« Reply #69 on: August 02, 2013, 08:16:40 pm »
OCE ? well sure, but like agri shares one is at the mercy of nature.

jaDEB

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Re: Pulverized Sand Box
« Reply #70 on: August 05, 2013, 07:31:22 am »
OCE ? well sure, but like agri shares one is at the mercy of nature.

Thus Mr Bond, what you saying is that God is looking after my investment...........I can live with that. O:-)
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Moonraker

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Re: Pulverized Sand Box
« Reply #71 on: August 05, 2013, 03:08:38 pm »
OCE ? well sure, but like agri shares one is at the mercy of nature.

Thus Mr Bond, what you saying is that God is looking after my investment...........I can live with that. O:-)
Maybe, maybe not.


jaDEB

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Re: Pulverized Sand Box
« Reply #72 on: August 05, 2013, 03:12:07 pm »
Nice one Mr Bond, Nice one.
jaDEB

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jaDEB

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Re: Pulverized Sand Box
« Reply #73 on: August 19, 2013, 01:55:32 pm »
with letters to be read,
i must have gone to lunch 1/2 past 12
the day before you came.....

ABBA blasting full volume....   ???  ???  :wall:

jaDEB

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Orca

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Re: Pulverized Sand Box
« Reply #74 on: August 19, 2013, 03:00:02 pm »
You kicking sand into my face jaDEB. Move to the far end.
I started here with nothing and still have most of it left.