Choppies

Wouldn't this make sept and October good months to buy as ur buying “cheap“?

Yes but patience required....will still get cheaper some stocks as can be seen today...month is still early....watch alsi for direction...

 

So i was correct then..Thank you.
 
I said look at big picture. Includes all that. Perfect storm including US treasury rates and interest rate hike. And the seasonal cycle. Why do you think i was negative September and October but you were promoting buying of shares. Come November perfect time to get back in for Xmas rally. 
 
Anyway i am out of all my short positions and smiling. In fact i went long top 40 last night and this morning and made a few. So time to long and short .(nothing about negative person as time for everything)
 
Lesson for newbies.
 
Sometimes ones got to sit back and smell the roses before investing into shares. Timing is critical.

 

Polly you are a trader, you buy/sell long and shorts. From an investor perspective there are many shares that is a good buy for each of these conditions. Regrettably we are on the Choppies post and not something I would invest in for several reasons and none of them listed in previous post.

And no Polly you are not right - your initial claims were that September and October are not good times to invest. I stick to my guns that your statement is mythical.

Off course you are right when you say timing is important, like stating the obvious.

Thus, if there is a share that is cheap (and currently many shares in SA is undervalued). Then it is a good time to invest regardless if it is September or October. A couple of points up or down while short sellers make a living is irrelevant in the long run. Specially if you do monthly investments into a specific portfolio of shares.

Oil will retract to between $65 and $75, Trump and China will make peace, China strategy to lower duties for other trading partners may just pull the rabbit out of the hat. Rand may strengthen as policies are falling into place one by one. FED plan to raise rates more next year. There is at this point no drought expected this year. Things actually are looking pretty rosy from where I am sitting.

In my humble opinion, it is never a bad time to invest in quality shares. And nothing wrong to take a punt now and again depending on your risk appetite.

I myself don't worry about whether it is full moon, september or october, I personally prefer the facts.

Wouldn't this make sept and October good months to buy as ur buying “cheap“?

Got nothing to do with October though, then you might as well believe in the easter bunny. It has to do with Rand vs.$ or better $ against emerging economies. GDP growth or lack thereof. ANC Inc Policies and tax squeeze including VAT increase. Trump bullying China to soften up before talks. OPEC and Russia manipulating Oil price. Consumer fatigue. just a perfect storm - unless all these conspired to make it happen in October :-)

So i was correct then..Thank you.

 

I said look at big picture. Includes all that. Perfect storm including US treasury rates and interest rate hike. And the seasonal cycle. Why do you think i was negative September and October but you were promoting buying of shares. Come November perfect time to get back in for Xmas rally. 

 

Anyway i am out of all my short positions and smiling. In fact i went long top 40 last night and this morning and made a few. So time to long and short .(nothing about negative person as time for everything)

 

Lesson for newbies.

 

Sometimes ones got to sit back and smell the roses before investing into shares. Timing is critical.

Edited by Polly, 04 October 2018 - 11:44 AM.

Got nothing to do with October though, then you might as well believe in the easter bunny. It has to do with Rand vs.$ or better $ against emerging economies. GDP growth or lack thereof. ANC Inc Policies and tax squeeze including VAT increase. Trump bullying China to soften up before talks. OPEC and Russia manipulating Oil price. Consumer fatigue. just a perfect storm - unless all these conspired to make it happen in October :-)

Again fake news . We observe more negativity , as yes there are more than me using sharechat. That would amount to we.
https://www.investop...tobereffect.asp

and.....

 

top 40 high 54000

current 48400

 

10% down...10% to go to +-44000

 

Fake news ok.. believe what you want.

   

hey, i like Polly, and I like how she gives everyone insights that will take decades to acquire with associated schooling fees.

Likewise have to protect my platform for buying longs at zero commission.

Trades I do on a different platform.

Wish there were more ladies to keep us cowboys leashed.

Hi JK001, 

 

 

Sorry, I thought you were female....I see you say "cowboys"

 

Agree with you - Polly is experienced....& I like when she takes her Whip Out...

 

 

M

Edited by Motivated, 03 October 2018 - 08:37 PM.

 

Hi
 
I appreciate the different views voiced by both Polly and JK001.
 
It is up to the reader to understand the comments and make an informed decision by taking everything into consideration including their own research lol.
 
I also appreciate seeing 2 ladies going at it (OK let me stop before I get a Warning)
 
Thank you, Thank you...
M

 

hey, i like Polly, and I like how she gives everyone insights that will take decades to acquire with associated schooling fees.

Likewise have to protect my platform for buying longs at zero commission.

Trades I do on a different platform.

Wish there were more ladies to keep us cowboys leashed.

Pray and hope no one got sucked in again long with that mattress firm article doing its rounds 

Hi Polly, 

 

Well from my side - I have no more money left to invest hehe so my game ends here....

 

Stashed my last bit in Greenbay

 

M

Pray and hope no one got sucked in again long with that mattress firm article doing its rounds 

Edited by Polly, 03 October 2018 - 02:17 PM.

Hi

 

I appreciate the different views voiced by both Polly and JK001.

 

It is up to the reader to understand the comments and make an informed decision by taking everything into consideration including their own research lol.

 

I also appreciate seeing 2 ladies going at it (OK let me stop before I get a Warning)

 

Thank you, Thank you...

M

 

 

https://www.newsday....oppies-control/

Eish these guys taking money from tills should rather open spaza shops

I stick with Polly and some sensibility and respect. It is important to value the comments made and understand the logic and guidance even if it does not resonate. Polly and I are polar on investment strategies and therefore would not necessarily agree... However when we talk about companies tructure strategy and fundamentals it may create some overlap or alignment.

Choppies is a pumped share. There is overt fraud within Zimbabwe. And excessive valuations and accounting irregularities. Penalties will be paid. Impairments made and a law suit directed at directors and auditors. Ceo will be required to leave. Expect a second dip. This story has many more chapter.
Interest in the market is on the back that this is a likely takeover target. However with dirty books realization will set in and will see this share resume negative trending before a tumultuous recovery.


Sent from my SM-G950F using Sharenet Sharechat mobile app

I also enjoy Polly's views, even if am at odds with them sometimes.

 

I also disagree with you on this IN. Fraud in Zimbabwe is not understood properly, there is a dispute over ownership which is the major issue, although the local partner is accused of stealing about $50000 cash. Very much doubt Choppies CEO will step down, as he is 20% shareholder and has been the brains behind the success to date. I believe any retailer who can beat Shoprite and Pick n Pay as they have in their home market is very good at what they do. 

 

I have bought a lot of shares in the last week (and many more before that), but they are for keeping, not trading as I think it going to go way north of R1, but please do your own homework, I am clearly talking my book and am relying on my own intuition on this, which could be wrong of course.

Hi Lionel, 

 

I was a bit late for Choppies.  Took a nibble at it...

 

Thank God for MTN lol or I would be in the negative.........

 

Just waiting for the others to rise...........

 

Will invest more after this month   DRY SPELL NOW

hi Lady M......glad ur on the up with MTN, i was weary when that drop happened and didnt think they'd recover that well.....choppies not yet done..market seems to be keeping it around 80c.....its gonna move up or down when results r published but u gotta be fast when info comes out.....i came in just for snh but now find myself having 3 useless shares and this one and jussis i dont have much savings left..... its all pumped in share investor haha....scary......am also waiting for the others to change colour to GREEN ...friggen hate red!

Jussis thats scary kak.....my eyes lit up when this was sitting on R1 when i saw balance.....like a dickhead i didnt sell eish!...gonna be patient for up but hit sell on 75c and run for the hills

Hi Lionel, 

 

I was a bit late for Choppies.  Took a nibble at it...

 

Thank God for MTN lol or I would be in the negative.........

 

Just waiting for the others to rise...........

 

Will invest more after this month   DRY SPELL NOW

I stick with Polly and some sensibility and respect. It is important to value the comments made and understand the logic and guidance even if it does not resonate. Polly and I are polar on investment strategies and therefore would not necessarily agree... However when we talk about companies tructure strategy and fundamentals it may create some overlap or alignment.

Choppies is a pumped share. There is overt fraud within Zimbabwe. And excessive valuations and accounting irregularities. Penalties will be paid. Impairments made and a law suit directed at directors and auditors. Ceo will be required to leave. Expect a second dip. This story has many more chapter.
Interest in the market is on the back that this is a likely takeover target. However with dirty books realization will set in and will see this share resume negative trending before a tumultuous recovery.


Sent from my SM-G950F using Sharenet Sharechat mobile app

Jussis thats scary kak.....my eyes lit up when this was sitting on R1 when i saw balance.....like a dickhead i didnt sell eish!...gonna be patient for up but hit sell on 75c and run for the hills

Gentlemen , we have a new spokesman for the group. "We"

So its me against ull now huh? Interesting..

Negativity is the positivity to bank account is what matters end of the day.

Means youll not reading the big market picture..hahaha

If you read my earlier posts about what happens in Sept and OCT you will understand what i mean...20% remember?????

I stick with Polly and some sensibility and respect. It is important to value the comments made and understand the logic and guidance even if it does not resonate. Polly and I are polar on investment strategies and therefore would not necessarily agree... However when we talk about companies tructure strategy and fundamentals it may create some overlap or alignment.

Choppies is a pumped share. There is overt fraud within Zimbabwe. And excessive valuations and accounting irregularities. Penalties will be paid. Impairments made and a law suit directed at directors and auditors. Ceo will be required to leave. Expect a second dip. This story has many more chapter.
Interest in the market is on the back that this is a likely takeover target. However with dirty books realization will set in and will see this share resume negative trending before a tumultuous recovery.


Sent from my SM-G950F using Sharenet Sharechat mobile app

Gentlemen , we have a new spokesman for the group. "We"

So its me against ull now huh? Interesting..

Negativity is the positivity to bank account is what matters end of the day.

Means youll not reading the big market picture..hahaha

If you read my earlier posts about what happens in Sept and OCT you will understand what i mean...20% remember?????

Again fake news . We observe more negativity , as yes there are more than me using sharechat. That would amount to we.
https://www.investop...tobereffect.asp

Polly,

 

we have came to know you as a negative person,

 

Gentlemen , we have a new spokesman for the group. "We"  

 

So its me against ull now huh? Interesting..

 

Negativity is the positivity to bank account is what matters end of the day.

 

Means youll not reading the big market  picture..hahaha

 

If you read my earlier posts about what happens in Sept and OCT you will understand what i mean...20% remember?????

markets reaction to this share is so much similar to snh....but choppies not reporting same issues as that of snh......from R1.50 down to 30c in 2hrs damn thats hardcore....

 

interesting to see if market self corrects this to over R1....or will they play cautiously till financials out?