Long term portfolio.

I've added Tsogo Sun to my LT portfolio at R25.00 a pop.

adding to my Aspen holdings.

http://www.moneyweb....-right-or-wrong

SPP VS SHP

 

Thanks for that -have been wanting to add a food retailer to my shares and have been looking at SPAR...

SPP VS SHP

Agree but probably best to wait for a clear turnaround. Not apparent yet..

Great performance dude.

Ellies has taken a proper pounding. Not yet a dripping roast, but looking like there is limited downside now.

 

So half a day left to trade in 2013:

 

Made very little changes to my LTP this year.

 

Current holdings

 

Share Code

ASPEN APN

BRAIT BAT

CALGRO M3 CGR

CORONAT CML

ELLIES ELI

FAMBRANDS FBR

LIFEHC LHC

METROFILE MFL

MIXTEL MIX

MR PRICE MPC

SAB SAB

VODACOM VOD

WOOLIES WHL

 

Made 15 trades in 2013

3 Sells, 12 Buys

 

Sold Litha, GLD

 

Opened new positions in MTA (then reconsidered and closed it) and Aspen

Added to Brait, Calgro, Famous Brands, Ellies and Mix

 

Total portfolio growth after trading and other fees sitting at 42%. My target for the year was 25%. JSE ALSI sitting at ~17%

 

Mistakes - Made bad decision opening MTA based but corrected it. Also bought Ellies on the way down despite lots of negative sentiment. Hopefully bottom is in and 2014 will see a turnaround but 2013 has been terrible for this stock.

 

Will post performance of individual stocks once I calculate it.

 

 

Great performance dude.

 

Ellies has taken a proper pounding. Not yet a dripping roast, but looking like there is limited downside now.

Well done Gamma, that is really good stuff! Hope 2014 is just as rewarding!

 

Thanks. Gut tells me 2014 won't be easy but then given that we've just been through the 2nd worst period in 200 years I'll be very happy with 20%.

My strategy remains unchanged. Pick good quality SA stocks positioning themselves to capitalize on Africa's growth.

So half a day left to trade in 2013:
 
Made very little changes to my LTP this year.
 
Current holdings
 
Share Code
ASPEN APN
BRAIT BAT
CALGRO M3 CGR
CORONAT CML
ELLIES ELI
FAMBRANDS FBR
LIFEHC LHC
METROFILE MFL
MIXTEL MIX
MR PRICE MPC
SAB SAB
VODACOM VOD
WOOLIES WHL
 
Made 15 trades in 2013
3 Sells, 12 Buys
 
Sold Litha, GLD
 
Opened new positions in MTA (then reconsidered and closed it) and Aspen
Added to Brait, Calgro, Famous Brands, Ellies and Mix
 
Total portfolio growth after trading and other fees sitting at 42%. My target for the year was 25%. JSE ALSI sitting at ~17%
 
Mistakes - Made bad decision opening MTA based but corrected it. Also bought Ellies on the way down despite lots of negative sentiment. Hopefully bottom is in and 2014 will see a turnaround but 2013 has been terrible for this stock.
 
Will post performance of individual stocks once I calculate it.
 
 
 
 

Well done Gamma, that is really good stuff! Hope 2014 is just as rewarding!

So half a day left to trade in 2013:

 

Made very little changes to my LTP this year.

 

Current holdings

 

Prices are unsustainable so time to do some tidying up at these exceptionally high levels.....selling MTN

 

VOD

 

KUMBA

 

MPACT

 

REUNERT

 

DISCOVERY

 

Starting the new year with a pile of cash and planning to invest offshore.

Time to calculate full year returns boys. 

What's your alpha?

What is everyones thoughts on Glencoe Xstrata? It is a new listing on the JSE, has been going down since listed. Has now turned around in last two days. Will it continue to go up or some turbulance ahead?

PSG?? What's up Jannie?!

Anyone else have some money in gpl? What are your thoughts?

yes, i have a small stake.  bought in at 3.80, happy to hold for next 3years

Anyone else have some money in gpl? What are your thoughts? I bought in mainly due to burger king, still very busy in cape town and expansion of burger king looks very promising and lucrative. Anyone got reasons I should be worried?

Yes, but in their latest report it is also mentioned that a dividend for 2013/2014 will be considered barring unforeseen circumstances.

That does not change the fact that Rei is not a pure BTi play, (the point of my original comment).

My understanding from having read annual report from Reinet is that the dividend income that Rei receives from it's BTi stake, some 79 million shares, is used to seek other investment opportunities in very diverse areas eg the investment in pension corp UK, as well as many other private equity opportunities, vanterra etc.
If people like BTi, then they should buy it directly.
I have got Rei as I like the concept of using the ciggie cash to diversify into many other investments, I think to take a simplistic view of this share as a BTi play is a mistake.
The annual reports make for interesting reading.

 

Yes, but in their latest report it is also mentioned that a dividend for 2013/2014 will be considered barring unforeseen circumstances.

Some sound advice from investmentu.com (working for trading as well):

 

12 Timeless Rules of Investing

12 Timeless Rules of Investing: Guidelines Every Investor Should Embrace, But Few Actually Do
An Investment U White Paper Report
By Dr. Steve Sjuggerud, Advisory Panelist, Investment U

In the special report below, I identify 12 classic investing rules that every investor can use throughout their lifetimes. These time-honored guidelines are proven in helping investors achieve their goals, sometimes in capitalizing on gains and sometimes in mitigating losses. Enjoy!

1. An attempt at making a quick buck often leads to losing much of that buck.

• The people who suffer the worst losses are those who overreach.
• If the investment sounds too good to be true, it is.
• The best hot tip I’ve found is “there is no such thing as a hot tip.”

2. Don’t let a small loss become large.

• Don’t keep losing money just to “prove you are right.”
• Never throw good money after bad (don’t buy more of a loser).
• When all you’re left with is hope, get out.

3. Cut your losers; let your winners ride.

• Avoid limited-upside, unlimited-downside investments.
• Don’t fall in love with your investment; it won’t fall in love with you.

4. A rising tide raises all ships, and vice versa. So assess the tide, not the ships.

• Fighting the prevailing “trend” is generally a recipe for disaster.
• Stocks will fall more than you think and rise higher than you can imagine.
• In the short run, values don’t matter.

5. When a stock hits a new high, it’s not time to sell something that is going right.

• When a stock hits a new low, it’s not time to buy something that is going wrong.

6. Buy and hold doesn’t ALWAYS work.

• If stocks don’t seem cheap, stand aside.

7. Bear markets begin in good times. Bull markets begin in bad times.

8. If you don’t understand the investment, don’t buy it.

• Don’t be wooed. Either make an effort to understand it or say “no thanks.”
• You can’t know everything, so don’t stray far from what you know.

9. Buy value, and sell hysteria.

• Paying less than the underlying asset’s value is a proven successful investing strategy.
• Buying overvalued stocks has proven to under perform the market.
• Neglected sectors often offer good values.
• The “popular” sectors are often overvalued.

10. Investing in what’s popular never ends up making you any money.

• Avoid popular stocks, fad industries and new ventures.
• Buy an investment when it has few friends.

11. When it’s time to act, don’t hesitate.

• Once you’re in, be patient and don’t be rattled by fluctuations.
• Stick with your plan… but when you make a mistake, don’t hesitate.
• Learn more from your bad moves than your good ones.

12. Expert investors care about risk; novice investors shop for returns.

• If you focus on the risks, the returns will eventually come for you.
• If you focus on the returns, the risks will eventually come for you.

Good investing,

Steve

My understanding from having read annual report from Reinet is that the dividend income that Rei receives from it's BTi stake, some 79 million shares, is used to seek other investment opportunities in very diverse areas eg the investment in pension corp UK, as well as many other private equity opportunities, vanterra etc.
If people like BTi, then they should buy it directly.
I have got Rei as I like the concept of using the ciggie cash to diversify into many other investments, I think to take a simplistic view of this share as a BTi play is a mistake.
The annual reports make for interesting reading.