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Author Topic: Risky business  (Read 22421 times)

jaDEB

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Risky business
« on: June 20, 2016, 10:08:14 am »
Risky business

I am going to use this thread to look at risky investments, i.e. PPC, LON, MTN etc.. Please feel free to add.
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jaDEB

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jaDEB

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Re: Risky business
« Reply #1 on: June 20, 2016, 10:11:37 am »
 :question:
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jaDEB

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jaDEB

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Re: Risky business
« Reply #2 on: June 21, 2016, 07:35:29 am »
PPC - market value 4Bil, need to raise 4Bil (Rights issue)   :question:
MTN - Fine down to 1.6 Bil $, over 3 years, new CEO, Nigerian moola down 40% against dollar  :whistle:
LON - Just sold mine 114% up.  :TU:
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jaDEB

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

jaDEB

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Re: Risky business
« Reply #3 on: June 21, 2016, 12:21:23 pm »
LON Down to R38.

 South Africa's Amplats warns H1 profit to fall at least 20 pct

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jaDEB

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jaDEB

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Re: Risky business
« Reply #4 on: June 21, 2016, 01:02:29 pm »
BSI Steel
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jaDEB

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jaDEB

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Re: Risky business
« Reply #5 on: June 21, 2016, 03:13:29 pm »
NUT
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jaDEB

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dividendtycoon

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Re: Risky business
« Reply #6 on: June 21, 2016, 03:48:12 pm »
Quote from: jaDEB on June 21, 2016, 03:13:29 pm
NUT
JOB..

Seriously though, I think this not even worth gambling money. NAV is 1.2c and it loss making...no real margin of safety.
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jaDEB

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Re: Risky business
« Reply #7 on: June 21, 2016, 03:54:29 pm »
Thanks, appreciate the advice. Just building up a list  ::) , was going to buy PPC Yesterday, but my broker is not in.... maybe a sign  :question:
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jaDEB

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dividendtycoon

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Re: Risky business
« Reply #8 on: June 21, 2016, 04:00:52 pm »
Quote from: jaDEB on June 21, 2016, 03:54:29 pm
Thanks, appreciate the advice. Just building up a list  ::) , was going to buy PPC Yesterday, but my broker is not in.... maybe a sign  :question:
Well, perhaps do some research anyway to convince yourself...I have not looked at it in detail, but a 1c share is normally 1c for a reason.. good luck with your others. I do not like PPC as a business, but could be a short term trading opportunity.
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jaDEB

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Re: Risky business
« Reply #9 on: June 21, 2016, 04:11:44 pm »
HLM
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jaDEB

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Mr_Dividend

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Re: Risky business
« Reply #10 on: June 22, 2016, 03:00:36 pm »
I am also thinking about doing a little trading - but not looking at distressed companies - whole catching a falling knife thing - more looking at fairly liquid small caps that are very volatile.  Thinking some of the junior miners, CSG, GPL ect. Trying to catch 15 - 20% over a few weeks, sell, repeat. - But being prepared to hold for a few months and maybe having a SL at around 10% or so. 
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dieWerner

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Re: Risky business
« Reply #11 on: June 22, 2016, 03:46:47 pm »
Quote from: jaDEB on June 21, 2016, 03:13:29 pm
NUT
BEG

Seems to be doing the same thing as NUT, one day 2c a share, next day 3 cents a share... buy @ 2c, tomorrow sell @ 3c...
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jaDEB

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Re: Risky business
« Reply #12 on: June 22, 2016, 04:50:33 pm »
BEIGE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/006871/06)
(“Beige” or “the Group”)
ISIN Code: ZAE 000034161 Share code: BEG

UPDATE ON DELISTING AND RENEWAL OF CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the cautionary announcement released on SENS on 13 May 2016
and are advised that the intended offer price is R0.03 per share. A firm intention
announcement containing the full details of the offer and scheme of arrangement will be
published once the offeror has obtained the required confirmation of funds.

Accordingly, shareholders are advised to continue to exercise caution when dealing in the
Group’s securities until such time that a full announcement is issued.

Johannesburg
22 June 2016
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jaDEB

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jaDEB

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Re: Risky business
« Reply #13 on: June 23, 2016, 11:21:06 am »
KIO.
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jaDEB

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dieWerner

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Re: Risky business
« Reply #14 on: June 23, 2016, 03:44:11 pm »
I know it's not on the JSE, but on the NYSE, but how about something like this:
http://www.bloomberg.com/quote/NUGT:US
year to date return: 311.61%
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