Author Topic: investor challenge  (Read 321489 times)

Patrick

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Re: investor challenge
« Reply #75 on: June 11, 2013, 01:17:03 pm »
Seems to have happened yesterday, but there must be some error somewhere as if I log onto fnb ittells me buyers 4c sellers 6c , sharenet says buyers R1.70 sellers R1.90.

There also appears to be a calcualation error on gizmmo,s  portfolio, he does not own own crd, I get to his toal holding when adding up his portfolio or is something not showing

Absa also has R1.70 and R1.90. Quite strange. No calculation error on gizmmo's profile, he's just delaying his holdings by 14 days, and only bought CRD recently.

tgg78703

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Re: investor challenge
« Reply #76 on: June 11, 2013, 01:29:45 pm »
 would rather see 14p than 0.3p any day. I know we have 50 times less shares, but we also have 50 times less shares in the market (for now). It means that if we can really sort out production & keep cash tight this shares has a chance in time to be very good share to be in. The consolidation had to happen as just to many shares in issue. Good luck and IMHO.Today 00:44OpiumRE: Conned13.50No Opinion
I wouldn't. You are not worse off in this particular case, IMO. Makes sense if CRND is to stay in the FTSE.Mon 22:29lawco280Conned13.50No Opinion
Yes we have been , i'm selling first thing in the morning at a 60% loss because this is going all the way down to nothing, consolidation is a way of stealing peoples money, take your money out before its all gone.

See they talking about a share consolidqation in the uk. did it happen here as well

tgg78703

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Re: investor challenge
« Reply #77 on: June 11, 2013, 01:38:18 pm »
read the results of their agm, 49 of each 50 shares have become deferred shares

http://demo.crg-sa.com/wp-content/uploads/CRD%20AGM%20SENS%20RNS%20Announcement%20V4%20070613.pdf

Patrick

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Re: investor challenge
« Reply #78 on: June 11, 2013, 03:01:14 pm »
Thanks for that. I'm not familiar with deferred shares, but for the competition,  does that mean I need to decrease the number of all the CRD shares by a factor of 50?

tgg78703

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Re: investor challenge
« Reply #79 on: June 11, 2013, 03:34:22 pm »
That the way I understand it and also the the guys in the uk are talking

Icarium

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Re: investor challenge
« Reply #80 on: June 12, 2013, 09:45:37 am »
Would it be possible to limit shares purchased to be above a certain value? Given that this is an "investor" challenge the current winning strategy of buying penny stocks (literally - the leader has only bought shares that cost 1c) is highly unrealistic. Buying shares that you'd be hard pressed to sell and are probably in real danger of being delisted/liquidated is harldy a sane real world investing strategy.

Patrick

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Re: investor challenge
« Reply #81 on: June 12, 2013, 09:58:38 am »
I don't want to add too many rules during the competition run, but for next year there'll be some sort of filter to remove the real penny shares. Quite likely a cost minimum as that is the simplest to implement, but I may try get a list of shares that are illiquid and filter those out too.

As for a penny share holder leading the chart, I think most of the users are smart enough to simply ignore penny share holders!
« Last Edit: June 12, 2013, 10:00:18 am by Patrick »

Orca

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Re: investor challenge
« Reply #82 on: June 12, 2013, 10:41:42 am »
I did some research on Penny Stocks and found that any stock under 10 in any currency is regarded a penny stock these days. Regardless of it's market cap.
I started here with nothing and still have most of it left.

Aragorn

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Re: investor challenge
« Reply #83 on: June 14, 2013, 08:42:37 am »
As I slowly make my way further down the leaderboard with the help of CPI, MMI and WHL, I start to get excited that I may soon be in the bottom 50% of the table....... :'(
Not idly do the leaves of Lorien fall.

Shi

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Re: investor challenge
« Reply #84 on: June 17, 2013, 09:57:11 am »
Just been browsing thru some of the portfolio's and I think it would be beneficial to start another topic to discuss them (one at a time of course) - what u say. For example, out of the top 5, 3 members only have 1 share. Not good practise in reality but it is working for them.

Patrick

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Re: investor challenge
« Reply #85 on: June 17, 2013, 09:58:29 am »
Suits me fine, go right ahead.

Orca

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Re: investor challenge
« Reply #86 on: June 17, 2013, 03:43:36 pm »
Patrick. Can you highlight the STXIND index in the groups as it is on the LeaderBoard? Thanks.
I started here with nothing and still have most of it left.

Patrick

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Re: investor challenge
« Reply #87 on: June 18, 2013, 10:03:44 am »
Patrick. Can you highlight the STXIND index in the groups as it is on the LeaderBoard? Thanks.
Done

Orca

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Re: investor challenge
« Reply #88 on: June 18, 2013, 11:14:11 am »
Thanks Patrick.
I started here with nothing and still have most of it left.

Orca

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Re: investor challenge
« Reply #89 on: June 18, 2013, 06:28:41 pm »
Now don't you guys forget that I should be 3% higher due to my inability to register for a day.  :frustrated: I will remind yous from time to time.
I started here with nothing and still have most of it left.