The JSE and finance forum for South Africa
General Category => Shares => Topic started by: Fawkes85 on October 09, 2015, 08:15:55 am
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Some new listings on the JSE:
http://www.moneyweb.co.za/news/companies-and-deals/are-you-ready-for-the-new-jse-listings/
-Capital & Regional
-Sygnia
-International Hotel Group
-Balwin
-Capital Appreciation (My pick)
-Trellidor
-Waco
Which one is your pick?
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Some new listings on the JSE:
http://www.moneyweb.co.za/news/companies-and-deals/are-you-ready-for-the-new-jse-listings/
-Capital & Regional
-Sygnia
-International Hotel Group
-Balwin
-Capital Appreciation (My pick)
-Trellidor
-Waco
Which one is your pick?
None of the above
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None of the above
Mind elaborating?
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Moneyweb had a reasonable analysis of the respective companies - see your link.
Listings by relatively unknown tend to be more about hype than fundamental
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I like Sygnia as a company. They are very low cost providers. Lower in some cases than even buying ETFs through a broker. To me they're as close as we currently have to a Vanguard type company in SA. Sadly they're still for profit, so Vanguard does of course kick their asses, but with people finally taking notice of costs I think they could be in for growth in future.
Will I put my money behind them though? No, while I might invest with them, I'm not so convinced that I'd invest in them. I'll stick to my usual strategy of ETFs only.
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My choice of the lot would be ''Capital Appreciation'' one might even place some milk money on them.
The founders all have experience, I assume that they are smarter than myself which if true would indicate that they will have a master plan and or some money making investment insight in preparation.
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One way of testing these new listings is to buy them up into the annual share competition - no money sunk into them and if they don't perform as expected you can always dump them without losing any money
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This is true gcr, but the Samurai might commit ritual seppuku if a virtual profit cannot be converted into actual cash.
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Moneyweb had a reasonable analysis of the respective companies - see your link.
Listings by relatively unknown tend to be more about hype than fundamental
I did read it and I agree with Samurai. Capital Appreciation is being set up by some experienced and capable individuals. That shouldn't be the only factor to consider when investing but good management is definitely one of the factors to be looked at it.
I must admit though, I should have been more clear in my question. I didn't necessarily mean which one will you invest in. Kind of meant more along the lines of which one of these do you think will be the best performer. ::)
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None of the above
Ditto
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Seems like Sygnia is doing rather well so far and its not even lunchtime yet.
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Seems like Sygnia is doing rather well so far and its not even lunchtime yet.
If you ask me it's just the hype surrounding their listing. They had A LOT more people applying for shares for their listing than they could accommodate. All those people who couldn't get shares on the primary market are now trying to get shares on the secondary market which is driving up the price. Give it time and it will come crashing back down.
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I was thinking along the same lines, having read something similar on moneyweb about their sold out IPO.
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See they reach R16 this morning good for them and their share holders, but is this based on emotions, I don't know, I tend to agree with Fawkes85, thinking that in a couple of months time we might see a different picture.
The fact that they made such a disaster during their IPO makes me think that perhaps their management aren't as brightest as we were led to believe, but then again we all make mistakes.
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See they reach R16 this morning good for them and their share holders, but is this based on emotions, I don't know, I tend to agree with Fawkes85, thinking that in a couple of months time we might see a different picture.
The fact that they made such a disaster during their IPO makes me think that perhaps their management aren't as brightest as we were led to believe, but then again we all make mistakes.
It's not just you and me. Simon Brown from JustOneLap predicted that the price would shoot up in the first couple of days but that it won't last. He made it very clear that if he got in on the IPO that he would sell all those shares within the first two days.
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Isn't it ironic (or conspirarcy) that the big institutions that bought IPO shares before listing were the ones that made the most money yesterday!! The small guys have to pay premium price!! Sorry not interested..
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After watching Anchor sail away from me have taken a tiny (0.5%) nibble.
BTW anyone know what P/E they are on?
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Marguerittereed I don't usually go for conspiracy theories, but you might be right seeing as some of those companies might be potential customers down the line makes one wonders.
Mr Dividend I also have seen Anchor sailing a way from me :'(
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That's the whole problem with the Sygnia listing. It's the Anchor effect. Many people saw the Anchor listing sailing away from them and they don't want to make the same mistake so they are all rushing into Sygnia which heaps even MORE hype on to the listing driving the price up even further. It's all gonna come crashing down soon in my humble newbie opinion.
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Balwin O:-)
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Hi Vishal, Yes I like Baldwin as well and understand that their management has a record of paying decent dividends.
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Hi Vishal, Yes I like Baldwin as well and understand that their management has a record of paying decent dividends.
If you look at their pre-listing SENS they will not be paying a dividend at all this year and only a 2-3% over the next two years
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Seems like Capital Appreciation is not doing too badly on its first day started off @1.00 now @1.10, not as great a start as Sygnia but lets see in a couple of months.
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Yeah, I like Capital Appreciation. Very capable management and now would be the best time to get in. After they start acquiring businesses their share price will shoot up.