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General Category => Shares => Topic started by: JohnnyH on February 22, 2016, 01:05:26 pm
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Hi all
I need some advice/inputs on the above mentioned companies. I am looking to invest long term and I want to pick one or two that will form part of my current portfolio listed below :
Old Mutual
Discovery
Santova
Aspen
Clicks
Santam
Balwin
First Rand
( All shares added together is ~25-26% of portfolio value)
DIVTRX ( 40% )
PTXTEN ( 5% )
STXIND ( ~9% )
DBXUS ( 11% )
DBXEU ( 9% )
As you can see, I have quite a big financial sector exposure, thus my reason for wanting to add. I guess I could also just keep buying STXIND or GiviIND, but I like the idea of adding 2 shares more.
I really like Bidvest as a long term play. Good (boring) company that grow consistently over time. BUT, I am open to suggestions etc.
Which two would you add & why. Again, this is with a 30 year view, at least. Obviously things can change significantly over such a long time, but buy & hold as far as possible. :)
Thanks
J
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Bidvest is probably a good long term share to hold - as you say it just chugs along producing acceptable results year after year. When they spin their food operations out there may also be opportunities. I held DBXEU for over a year and they did not perform very well over this time so I sold and bought DBXWD which is faring better. So just my opinion on your considerations
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Bidvest is probably a good long term share to hold - as you say it just chugs along producing acceptable results year after year. When they spin their food operations out there may also be opportunities. I held DBXEU for over a year and they did not perform very well over this time so I sold and bought DBXWD which is faring better. So just my opinion on your considerations
Thank you gcr.
Ja I am starting to think that DBXWD might be a good option as well.
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Looking back at Bidvest history. After every sharp upturn, she corrected back down soon after. Now she has a lamp pole formation and could correct back down soon. Be wary of this before you climb in.
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Looking back at Bidvest history. After every sharp upturn, she corrected back down soon after. Now she has a lamp pole formation and could correct back down soon. Be wary of this before you climb in.
Not being a great believer in charts I don't see any significant reversal in Bidvest's situation - (I prefer to read tea leaves myself and I am sure they have a tea business within the group - after all they have Orca marine which is a huge plus anyway) However I am always wary of a number of statements like "its time in the market and not timing the market that counts" also we are a few months away from the "sell in May and go away" deciples. Investing in the market is all about risk and risk taking - not recklessness but calculated risk taking so when you enter a share it should be based on your knowledge of the company and your own sound judgement
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Steinhoff, Bidvest and Remgro are all in my portfolio. Held them for a long time and very pleased. These are some of the 'safest' shares to hold long term.
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Seems like at this stage anything can happen. We can only dream about tomorrow. JaDeb will find a song to go with this.
Like this one. https://www.youtube.com/watch?v=5PzL8aL6jtI
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Thanks for all the replies everyone. I will be watching these closely in the weeks to come.