Author Topic: The Investor Challenge Competition begins Monday the 22nd April 2013  (Read 45586 times)

Patrick

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Re: The Investor Challenge Competition begins Monday the 22nd April 2013
« Reply #15 on: April 28, 2013, 11:02:30 am »
Dividends have been tough to figure out. There isn't a list of LDTs I can grab on a website. I did manage to find most of the ex-dividend dates. AFAIK if you hold shares before the ex-div date you get a payment. OMLs ex dividend date was the 22nd, so even though it was after LDT, they did technically own the shares at the right time...

I'll go with thoughts from others here?

Unless I find a site offering all those dates, the only way I could see of having things perfect would be to have humans entering the dates for me. Perhaps double checked by someone else. That way contestants would have to enter the LDTs and ex dividend dates.

Krypt0n1te

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Re: The Investor Challenge Competition begins Monday the 22nd April 2013
« Reply #16 on: April 28, 2013, 11:12:46 pm »
Patrick, looking at some of the people who have Old Mutual shares. These guys have dividends, but the OML LDT was 19 April. The competition only started on the 22nd, so the guys would not have qualified for the divvie. I just did a quick check so please correct me if I got this wrong.

Don't want to nitpick, but I do agree with Shi. In order to qualify for a dividend you must hold the share in your portfolio at close of business day on LDT.

I will post LDT dates on a weekly basis (if I forget please remind me).

My bad... Already being posted
http://shareforum.co.za/index.php?topic=13.0
« Last Edit: April 28, 2013, 11:18:04 pm by Krypt0n1te »

Goliath

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Re: The Investor Challenge Competition begins Monday the 22nd April 2013
« Reply #17 on: May 02, 2013, 12:18:04 pm »
How do you sell some of your shares?

Patrick

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Re: The Investor Challenge Competition begins Monday the 22nd April 2013
« Reply #18 on: May 02, 2013, 12:33:00 pm »
How do you sell some of your shares?

From the front page:
Quote
Please note, this is an investment club, not a trading club, and you will not be able to sell any shares, so plan your purchases wisely!
From next year you'll probably be able to dump losing shares, but most likely no profit taking. In keeping with the theme of an investment contest...

Nice going btw, i see you're in second place. Care to give us some insight into your choices?

Goliath

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Re: The Investor Challenge Competition begins Monday the 22nd April 2013
« Reply #19 on: May 02, 2013, 12:55:43 pm »
Ah my mistake!

I like my smallcaps.. hence the choices! As is my personal strategy, back the winners like Calgro M3, Rolfes and Afrocentric as they have proven themselves in recent times, just remember Aspen, Capitec, Famous Brands etc all started small.. Hopefully one of these 3 will shine in the long term! Added Transaction Capital as well, newly listed with great management.. still need to prove themselves thus the drop in price from listing and hence my position added :)
« Last Edit: May 02, 2013, 02:10:32 pm by Goliath »

smiley

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Re: The Investor Challenge Competition begins Monday the 22nd April 2013
« Reply #20 on: May 02, 2013, 04:57:33 pm »
Ah my mistake!

I like my smallcaps.. hence the choices! As is my personal strategy, back the winners like Calgro M3, Rolfes and Afrocentric as they have proven themselves in recent times, just remember Aspen, Capitec, Famous Brands etc all started small.. Hopefully one of these 3 will shine in the long term! Added Transaction Capital as well, newly listed with great management.. still need to prove themselves thus the drop in price from listing and hence my position added :)

We both share the same philosophy.

I read this somewhere, (think it was Ben Graham - the intelligent investor(a must read btw- have pdf if anyone's interested) ) Something to the effect that if one invests x amount in a company than one can only lose x amount but if you pick a winner then over a long term the gains can be astronomical.

If even 1 in 5 of your shares does exceptionally well then it would cover the failures and more.

So lets hope we have chosen at least 1, hopefully more than 1  ;D