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General Category => Shares => Topic started by: bidbud68 on February 06, 2017, 07:39:36 am

Title: Small Cap Picks
Post by: bidbud68 on February 06, 2017, 07:39:36 am
Hi

If you are interested in investing in small caps please post your favourite picks and why.

I am interested in Winhold, Jubilee, Pallinghurst, Trustco, Silverbridge, Stellar, Calgro. Do you have any others ?
Title: Re: Small Cap Picks
Post by: gcr on February 06, 2017, 12:11:22 pm
Before you go diving into these shares have a look at their shares prices over the last 3 years and then decide Jubilee I lost interest in as they seemed to be going nowhere, Pallinghurst set up 5/6 years ago when Gilbertson was booted from Billiton and the share has gone nowhere - I think they still deal in precious stones which doesn't seem to excite the market. on your list I would probably only be interested in Calgro as historically they have been a solid company and seem to be well managed

Just my opinions - as to which ones I would select that subjective but for what its worth I hold shares in Rolfes,  Rhodes, Taste - all for longer term growth - 2 - 4 years down the road 
Title: Re: Small Cap Picks
Post by: PlatinumWealth.co.za on February 06, 2017, 01:37:40 pm
TAS, Primier Fishing, Rolfes, Consolidated Infrastructure Group, AdaptIT

All in all, I will only buy Rolfes and Tas below 180
Title: Re: Small Cap Picks
Post by: Orca on February 06, 2017, 03:09:46 pm
CIL-- Relatively unknown company. Every 6m result comes with a trading statement warning of 20 to 50% increase in HEPS. April results will shoot the lights out as it has recently acquired Conlog for R850m. This will put her in the cross hairs of institutional investors. Low PE ratio making it good for long term.

ADI-- IT company involved in 38 countries. Great management and expects to make at least 1 acquisition per year. Has a very high cash surplus for the next acquisition that accounts for the PE ratio of 26. Following EOH management style.

PGR-- Financial services company. Unlike CML, makes money in up or down markets for investors. Low PE of 10 so good for long term. The next CML as I stated some time ago but has not quite woken up yet.

I hold all these in my real portfolio.
Title: Re: Small Cap Picks
Post by: czc on February 07, 2017, 07:06:29 pm
I hold ADI and SNV.

I have recently started eyeing out CSG.
Title: Re: Small Cap Picks
Post by: PlatinumWealth.co.za on February 07, 2017, 07:26:53 pm
Second time now I see people talking about CSG, what exactly do they do?
Title: Re: Small Cap Picks
Post by: gcr on February 07, 2017, 09:37:43 pm
Second time now I see people talking about CSG, what exactly do they do?
Their nature of business is stated as "a contract services group offering a wide range of services including staffing solutions, facilities management (nice way of saying running your canteen operations) industrial, mining and related services in Southern Africa to an array of mostly blue - chip clients
If you are on a broker platform punch in the company code and then look at statutory data. From my JSE records there highest price in the last 12 months has be R 1.76 and a low of R .96
Bulelani Ngcuka used to be the Public Protector some years back and he is chairman of this company

Hope that helps
 
Title: Re: Small Cap Picks
Post by: Orca on February 07, 2017, 10:07:38 pm
But that is a Penny Stock and not liquid at all. Not to say that it is not a good Co but you will get in at a premium and take you forever to get out at a further premium. Hold for long term may be the way.
Title: Re: Small Cap Picks
Post by: Mr_Dividend on February 08, 2017, 07:53:13 am
Small caps in my portfolios.

Rhodes, curro, csg, cil, finbond, santova, adi, Taste, aeei, afrimat, calgro, ascendis,balwin, micromega,rolfes, sygnia, CMH, accelerate, atlanitic leaf, sirus, safari, fairvest, texton, tower, greenbay, IAPF, maradelta, polska, sereit, storage.

I'm a collector, not a investor.... :D

Title: Re: Small Cap Picks
Post by: jaDEB on February 08, 2017, 09:44:15 am
Polska , aeei - at least the names made me smile .  ;D
Title: Re: Small Cap Picks
Post by: Shi on February 08, 2017, 11:00:59 am
Rhodes and Afrimat - solid companies that quietly keeps on doing good.
Title: Re: Small Cap Picks
Post by: gcr on February 08, 2017, 11:08:37 am
Small caps in my portfolios.

Rhodes, curro, csg, cil, finbond, santova, adi, Taste, aeei, afrimat, calgro, ascendis,balwin, micromega,rolfes, sygnia, CMH, accelerate, atlanitic leaf, sirus, safari, fairvest, texton, tower, greenbay, IAPF, maradelta, polska, sereit, storage.

I'm a collector, not a investor.... :D
I can't really disagree with your portfolio selection as I also hold some on your list, but what is not evident is what your bankers are/or more precisely what is in your portfolio (not disclosed) relative to larger cap shares.
Many of the shares in your small cap shares are subject very frequent price movements and seem to react to noise in the market. If we get a situation like 2007/8 again then you could be burnt quite severely with these smaller cap shares.
In my experience I limit my portfolio so that small cap shares do not exceed more than 12% of my total portfolio by value so in an advancing market one can then maintain the 12% by buying more in small caps. Also with small caps you have to be patient and maybe wait years before it starts adding value to your wealth. Santova and Taste are particularly true examples for me - both have dropped in price since purchase     
Title: Re: Small Cap Picks
Post by: Mr_Dividend on February 08, 2017, 02:32:16 pm
GCR - it's just under half my portfolio. You are right, probably a bit dangerous. On the whole though, would not change a single one (rethink - maybe Safari) - I did buy them all because of some or other reason. Biggest looser has been Taste, yet a still feel once things have bedded down, that it could do very well and might have more upside than all the others.

But I am not naive - a couple of these ARE going to let me down, but also hoping to hit it out the park with a couple as well.
Title: Re: Small Cap Picks
Post by: bidbud68 on February 09, 2017, 07:38:17 am
Thanks I also added Santova as it seems like it has had solid results year after year. Pallinghurst was bought at around R 3 so not too bad in the last year I think now that Platinum is heading up it will do even better with Sedibelo Platinum and their Gemfields and Iron operations now getting good prices.

Title: Re: Small Cap Picks
Post by: gcr on February 09, 2017, 08:06:40 am
Thanks I also added Santova as it seems like it has had solid results year after year. Pallinghurst was bought at around R 3 so not too bad in the last year I think now that Platinum is heading up it will do even better with Sedibelo Platinum and their Gemfields and Iron operations now getting good prices.
Just as a matter of interest I sold out of Pallinghurst at R 3.14 - but this was in 2011 thus why I say they have done very little over the years
Title: Re: Small Cap Picks
Post by: PlatinumWealth.co.za on February 09, 2017, 01:00:25 pm
Thanks I also added Santova as it seems like it has had solid results year after year. Pallinghurst was bought at around R 3 so not too bad in the last year I think now that Platinum is heading up it will do even better with Sedibelo Platinum and their Gemfields and Iron operations now getting good prices.
Just as a matter of interest I sold out of Pallinghurst at R 3.14 - but this was in 2011 thus why I say they have done very little over the years

Agreed Pallinghurst was pretty meh
Title: Re: Small Cap Picks
Post by: Dusty Mountain on June 07, 2017, 02:52:45 pm
Tawana, waiting in anticipation!!!

"Tawana and AMAL are in the advanced stages of completing a feasibility study with off-take pricing, metallurgical and process engineering aspects of the study completed, and the mining engineering and infrastructure capital costs nearing completion. The results of the study are expected to be released within two weeks."

So looks like we are just waiting for the mining engineering and infrastructure capital costs to be completed. I think Primero has completed their bit of the feasibility study.

From their website: http://www.primero.com.au/minerals/
DFS.JPG
Title: Re: Small Cap Picks
Post by: bidbud68 on July 31, 2017, 12:35:17 pm
How is Tawana doing?

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Title: Re: Small Cap Picks
Post by: bidbud68 on July 31, 2017, 12:37:34 pm
Any new smallcap tips?

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Title: Re: Small Cap Picks
Post by: gcr on July 31, 2017, 04:24:40 pm
Go to Moneyweb's site and have a look at the small cap picks that were punted by Keith McLauchlan at the Money Expo on Saturday. I have known Keith and have interacted with him on purely an investor level and do not follow his picks like a slave and he will admit that he has got some wrong over the years - so read and make your own determination
Title: Re: Small Cap Picks
Post by: bidbud68 on August 01, 2017, 07:15:59 pm
Go to Moneyweb's site and have a look at the small cap picks that were punted by Keith McLauchlan at the Money Expo on Saturday. I have known Keith and have interacted with him on purely an investor level and do not follow his picks like a slave and he will admit that he has got some wrong over the years - so read and make your own determination
Thanks. I have seen his stocks in his portfolio and some are disasters and some ok but overall I think his overall returns are not that great. I do however also like Santova and 1 or 2 other picks.

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Title: Re: Small Cap Picks
Post by: gcr on August 01, 2017, 08:37:45 pm
Go to Moneyweb's site and have a look at the small cap picks that were punted by Keith McLauchlan at the Money Expo on Saturday. I have known Keith and have interacted with him on purely an investor level and do not follow his picks like a slave and he will admit that he has got some wrong over the years - so read and make your own determination
Thanks. I have seen his stocks in his portfolio and some are disasters and some ok but overall I think his overall returns are not that great. I do however also like Santova and 1 or 2 other picks.

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Of his punts I only hold Santova but it is also a volatile share
Title: Re: Small Cap Picks
Post by: Exponentx on April 18, 2020, 10:09:31 pm
Hi all

Any thoughts on COMAIR?

With their fleet grounded due to COVID it is obviously not a great time, but with SAA likely liquidation and very low oil prices is this not a good long term value pick*?
They have also derecognised the legal claim from SAA so that has washed through. They are changing technical servicing to Lufthansa from SAA which they expected to result in double costs for at least a year...but if SAA is liquidated that additional cost may fall away. My only concern is their cash position which could be larger.

*I have a long position in COMAIR but just interested in other opinions.
Title: Re: Small Cap Picks
Post by: gcr on April 18, 2020, 10:19:04 pm
I recently bought a fair number of Comair shares - they may benefit from SAA's malaise, but, this will have to be a longer term shareholding as I believe it could take them 3 - 5 years to get back to current levels
Title: Re: Small Cap Picks
Post by: Exponentx on April 18, 2020, 10:32:05 pm
Thanks grc - good to know I've got company!
Title: Re: Small Cap Picks
Post by: BussoV6 on May 05, 2020, 04:16:49 pm
I recently bought a fair number of Comair shares - they may benefit from SAA's malaise, but, this will have to be a longer term shareholding as I believe it could take them 3 - 5 years to get back to current levels

I think they are now in Business Rescue...
Title: Re: Small Cap Picks
Post by: gcr on May 05, 2020, 07:04:27 pm
They are indeed in Business Rescue - I've been buying more shares (even today prior to BR) and now hold 33,000 shares.
As posted previously I'm holding for the long term - my averaged price is R 1.42 but what ay happen with SAA could become a game changer for Comair or I could lose quite a bit of money
Title: Re: Small Cap Picks
Post by: BussoV6 on May 06, 2020, 04:23:26 pm
Too risky for me. Hope they come back from the brink as they are quite well managed. If they could get a few of the regional SAA/SAX routes, they could do very well.

Hold thumbs ;D
Title: Re: Small Cap Picks
Post by: LeonDude on November 15, 2021, 05:07:49 pm
Sub
As small caps, I hold

ACL - Think mid to long term this will go up with the building cycle, but will see what the Chinese get up to.
OCE - Not sure if this is really a small cap. Plan on getting out next time the share gets close to R70
SNH - Caught a falling knife there, first bought at R24 and again at R12, then bought a bunch at just over R1. Sold my initial investment worth when the price went back to R3.50. Will decide whether I hold or sell this one.

Is there any kind of reading one can do on picking small caps, or is it all 'gut feel' kind of stuff?
Title: Re: Small Cap Picks
Post by: gcr on November 16, 2021, 09:29:26 pm
Speak to Simon Brown (has articles on Moneyweb), and attend any evening presentation that the JSE may run 8)
Title: Re: Small Cap Picks
Post by: LeonDude on November 17, 2021, 05:25:33 am
Speak to Simon Brown (has articles on Moneyweb), and attend any evening presentation that the JSE may run 8)
Cool, thanks.
Title: Re: Small Cap Picks
Post by: LeonDude on April 06, 2023, 07:45:17 am
I pick small caps the way small kids walk on thorns. It hurts, but you soon learn not to do it again.
Jasco my point in question.  :wall:
Back to basics for me.