CML

Fine, sellers please call me, I'm buying

 

Usual story..buy the rumour sell the news.

 

Watch where it will be this time next week

Don't you just hate people that say 'I told you so'! 

still a little short of my short term target of R61 but I suspect it will get there soon. High of the 6073 so far..

Latest broker note on CML by JP Morgan sets TP at R67

Up over 3% today. I will have to reprimand her to stop going up so fast. It is not a race as there is no finish line. My portfolio looks good but I have reconciled myself for a 10% drop or even 20% for that matter. For tax sake, I cannot sell it as I still have 2 years left from my last trade to keep me as a non trader.

I look at it this way. She has done over 110% the past year and her normal was 60%. So a drop of 20% will still be better than normal gain py. The other plus would be the PE ratio will be back to normal.

Good. A healthy drop today. Hopefully another drop tomorrow and one last one on Monday. The gains looked good in my portfolio but just too high too fast. This is not sustainable for long term.

It must get back to the 20sma but there is a problem. The sma has steeped upwards more than usual and it might break through it and carry on down to get the sma back to normal. This might take time but ride it out as things will normalize back to a good footing for long term gains.

The great divi might just drive it back up towards month end to confuse things more.

No drop today unfortunately, up more than 2.5% already. This stock just doesnt want to slow down, not complaining short term but you are right long term, there future results won't be able to sustain this pace. All I want is 60% year on year so it is sustainable, is that too much to ask

Anyone know anything about HWN - Howden, seems to have been doing very well

1 yr return 60%

ROE>50

PE 14

Latest Earnings growth ~25%

very illiquid, subsidiary of a UK business of the same name. makes air conditioning for power stations... solid business, stable management consistent growth business. another one of those you buy and forget. 

Anyone know anything about HWN - Howden, seems to have been doing very well

1 yr return 60%

ROE>50

PE 14

Latest Earnings growth ~25%

Good. A healthy drop today. Hopefully another drop tomorrow and one last one on Monday. The gains looked good in my portfolio but just too high too fast. This is not sustainable for long term.

It must get back to the 20sma but there is a problem. The sma has steeped upwards more than usual and it might break through it and carry on down to get the sma back to normal. This might take time but ride it out as things will normalize back to a good footing for long term gains.

The great divi might just drive it back up towards month end to confuse things more.

Std Bank's Daily Equities has a SELL recommendation with a TP of R49

Imara got stopped out twice the past 2 months with shorts. Strong support at the 20sma and if it does drop, the 2 will meet at 5660. If it goes lower than that then it will be the first correction ever without news being the cause.

Not including the crash, it had only one correction and that was June last year with the 6% HEPS report and she was back up within a month.

I don't consider pullbacks to the 20sma as corrections. They are healthy pullbacks to keep it sustainable for longer.

There is another thread dealing with this. please move this discussion to that.

 

but I use ABSA and Standard and Standard is better for research while Absa better for costs.

Hi Yes I see that now, thanks

Hi All, Hope you doing well with CML.

 

I have been lurking here for some time, and I would just like to say thank you to everyone on this thread for the great info and insights. Thanks especially to Orca for convincing me this is a good share, got in at 30 and while i dont have my life savings in it, it has been good enough for me as a newb to start with. Very please so far. So again... Thank you.

 

Just one question, what trading platform is everyone using? I am using the fnb sharestrader platform, but I am starting to see limitations in it, so I was wondering what the experienced traders are using?

 

Thanks... :-)

There is another thread dealing with this. please move this discussion to that.

but I use ABSA and Standard and Standard is better for research while Absa better for costs.

Hi All, Hope you doing well with CML.

I have been lurking here for some time, and I would just like to say thank you to everyone on this thread for the great info and insights. Thanks especially to Orca for convincing me this is a good share, got in at 30 and while i dont have my life savings in it, it has been good enough for me as a newb to start with. Very please so far. So again... Thank you.

Just one question, what trading platform is everyone using? I am using the fnb sharestrader platform, but I am starting to see limitations in it, so I was wondering what the experienced traders are using?

Thanks... :-)

Good job, all in all a bit of a gift Gamma. Wish it was always so easy!

Closed my contracts this morning @ 5940. Thanks for the pocket money CML.

Edited by gamma, 16 May 2013 - 10:12 AM.

Std Bank's Daily Equities has a SELL recommendation with a TP of R49

Target of 5923, not based on Perreby's fair value although that does make me feel better. But simply on yesterdays close plus the div...

 

What you looking at Gamma?

Closed my contracts this morning @ 5940. Thanks for the pocket money CML.

I have a few questions.

1. Which broker trades CML CFD's and at what gearing  ?

2. If I had 15000 CML shares what would the dividend payment be ?

If this one is going to shoot the lights out again this year = drink myself into another blood type, this one is just insane!

fyi...the 20SMA is the simple moving average over the past 20 periods. If you want to be sure you are looking at the same trend then you need to ensure your periods are the same. My guess is Orca's are days while yours is likely 15 minute or lesser periods..

 

different periods can have radically different results

Orca, here's that 4hr chart with the 20 and 100 MA's; eventually got it right...look at it touching the 20MA line and once in blue moon the 100MA.  CML15-5.png   393.25KB   31 downloads

OK, about to sell a bunch of OML and buy into CML - stupid or smart move? Killing me!!

Amen! Learned an expensive lesson yesterday:

1. Never trade on day of results (for investment).

2. Never trade on what you think the market's going to do.

3. Never have a trade in the market with a close stop loss, because you think it's not going to happen!

4. Don't make other appointments and leave your computer when you WANT to trade on results (and then keep those fingers steady).

My order for CML was filled at 5750 and stopped out at 5600, within half an hour!

Edited by BBW, 15 May 2013 - 11:33 AM.