CFD Trades
#41
Posted 05 September 2019 - 09:51 AM
#42
Posted 04 September 2019 - 07:08 PM
#43
Posted 21 August 2019 - 10:27 AM
#44
Posted 18 August 2019 - 09:03 PM
Impala Platinum (Buy, TP - R85.00): FY19 trading statement. Nkateko writes that the numbers were actually slightly better than expected. The following are the main high-level points of relevance:
Impala’s FY19 HEPS expected between ZAR406c/share and ZAR440c/share. On average, this is +348% vs FY18 but -29% vs Bloomberg consensus and -36% versus our estimates
Earnings were impacted by a non-cash expense of ZAR1 560 million, or 217 cents per share (no tax impact), relating to the mark to market of the conversion of USD convertible bonds at year end
Accounting for this non-cash expense, HEPS guidance would have been between ZAR623c/share and ZAR657c/share, which would have been a 7% beat to the Bloomberg consensus number
Guided range
BB consensus
Investec
vs BB consensus
vs Investec
vs FY18
HEPS
406
440
597
662
-29%
-36%
#45
Posted 16 August 2019 - 09:17 AM
#46
Posted 16 August 2019 - 09:02 AM
Sasol
- delayed result
- lake charles still an issue
- I think the dividend might also be cancelled
I am thinking of shorting at around R270 to R280 with R250 my exit target.
Any thoughts?
#47
Posted 15 August 2019 - 01:21 PM
#48
Posted 12 August 2019 - 09:38 AM
#49
Posted 08 August 2019 - 09:27 PM
#50
Posted 08 August 2019 - 03:30 PM
#51
Posted 08 August 2019 - 01:00 PM
Closed out my Long on Anglo Gold. Don't want to be caught with it into the long weekend and happy to say made some moola for the weekend. Can buy 2 chops instead of one now.
Isn’t that, in essence, the South African dream my boet
#52
Posted 08 August 2019 - 12:49 PM
Midas1,
I also played DRD from low R3 something and tapped out yesterday at R5.80. This was in normal share trading Not CFD's.
I did buy Anglo Gold at R310.03 and hope to get out at R320 before close of day (don't want to hold a long position over long weekend. Too much time for Trump to f things up)
Closed out my Long on Anglo Gold. Don't want to be caught with it into the long weekend and happy to say made some moola for the weekend. Can buy 2 chops instead of one now.
#53
Posted 08 August 2019 - 12:45 PM
If you can hold off till next week would be wise, traders will be un-winding their respective positions today as public holiday tomorrow. Could spoil your long w/end having an open position & being unable to act.
Anyone need a heads up...!
#54
Posted 08 August 2019 - 10:31 AM
#55
Posted 08 August 2019 - 10:21 AM
Midas1,
I also played DRD from low R3 something and tapped out yesterday at R5.80. This was in normal share trading Not CFD's.
I did buy Anglo Gold at R310.03 and hope to get out at R320 before close of day (don't want to hold a long position over long weekend. Too much time for Trump to f things up)
#56
Posted 08 August 2019 - 10:03 AM
#57
Posted 08 August 2019 - 09:40 AM
Goes to show why I don't do this for a living.
I would be hungry permanently.
How quickly can things go belly up. Faster than it took me to write this.....
#58
Posted 08 August 2019 - 09:02 AM
Let me correct the entry price to R310?
#59
Posted 08 August 2019 - 08:50 AM
Hi all.
With the gold price up and a fairly good update out this morning what do you all think about a long on Anglo Gold Ashanti?
Try and get in at around R320 and get out at R330 to R340.
What the experts think?
#60
Posted 07 August 2019 - 06:19 PM