Share Forum - Discuss JSE shares and join the Investor Challenge

Ok, following on from all the changes made yesterday, as the competition allows selling, I need to remove infrequently traded shares. Any ideas how to identify them?

Patrick
I can provide you with lists of shares who's average daily deals, value or volume (over 52 weeks) is less than a certain amount. Not sure what deal count, value or volume should be applied though - 'cause NPN 1000 shares (low volume) is over R 1 mill (high value) even with just 2 deals (low count), when comparing to others.
Let me know if I can assist here

Patrick
I can provide you with lists of shares who's average daily deals, value or volume (over 52 weeks) is less than a certain amount. Not sure what deal count, value or volume should be applied though - 'cause NPN 1000 shares (low volume) is over R 1 mill (high value) even with just 2 deals (low count), when comparing to others.
Let me know if I can assist here

I think it should be "value" and definitely not less than R100k/day, as that is what many here buy in one go

instead of all the loophole closing and writing of programmes. just post a set of rules (which seems absent)

and anyone that does not abide by the rules just has his portfolio deleted.

simple and klaar, no issues, no fights

I agree tgg. There are enough guys here with Real Time Quotes and checking other investor's stocks to see any anomalies. We can then vote the trade in or out. This will also keep the forum more lively and interesting. That way we can all learn as we go along. Keeping it as it is will be more educating. Look at how lively it has become lately. We can then all stay up till 01am like some okes here.
Oops. 7.30pm. Sorry. Delete. Delete.... Burp. Can't find that Delete thingie.

Orca - you really need to watch your mouth especially after 6.30 p.m
 

whats my cutoff time Bundu, can I still post a reply

Some people like the game and want to make it work, others are just learners and don,t know how or why, other are loopholers and seek a gap.

I should most probably admit that If I was a newbie to this, I would not do research , I would go and check shares see what has fallen the most and just buy them in ignorance and hope that something happens.

Then it happens my share shoots up and suddenly I get chucked out of a game.

BTW, that is how I bought my first shares when I was 18, was Zandpan

Are there somewhere some rules, regulations and quidelines posted, The closest I have seem is a disclaimer on the 1c shares portfolio.

May I go and sleep now, die voggies trek

my whisky limit is close to 8 in the evening, still outlast orca by n hour, but give it time.

I am much younger than him. still a virgin actually.

Patrick has an good thing going, but to many people try and mess it up with all kind of tricks.

The game is not main stream, but we all learn a bit and enjoy, last year the 1c guys buggered it up. But we learnt to look past them and it was fun, although I took a crushing defeat on second portfolio.

Which I might vindicate in 2014.

I might add here that in 1983 when I bought my first gold shares, I got a annual report, took one look at it and sold, there is was no  future in that metal, they were bringing out more dirt from the core of the earth and getting less for it, still told the auntie working with me, om gold andele te koop is om kak te soek.

I think I have had enough whiskey now and will wait for orca to wake up and see if I can make a plan with my virginity issues in the interem

The cause of many issues that will crop up is the difference between live pricing and the 15 min delay, not infrequently traded shares. Since the spirit of the game is to be an investment club, and not a live trader or scalper, then wouldn't it be better to delay all trades (buys and sells) by 15 minutes as well. That way you execute at the prevailing price at the time the trader sees the real time price.

Clearly it would be unrealistic to have live pricing here (because of the cost) so a delay seems most appropriate to synchronise everything.

Have you purchased/sold in the last 24 hours

You'll notice a pending next to your line item with a price update once live prices are in!