93 replies to this topic

[PickApprentice]

But why would Wiese buy if he saw downside on the share, and especially for the amount he bought for??

I dont think he would buy if he saw the same thing as you.

Hedging. The deal still has to go through. We know he is a smart person so he must have some plans to mitigate his risk. 

 

Also, the amount he purchased is really immaterial given that the person is a billionaire. Sometimes, you need to go deeper to see the big picture. 

[Mr_SA]

It will be interesting to see how Brait values SHF in its annual report. Based on my brief calc, the NAV per share excluding Pepkor is around R10 based on its 2014 financials. Currently, the share price excluding the consideration received for Pepkor is about R19. 

 

Based on the above, more downside is expected if market is rational. 

 

But why would Wiese buy if he saw downside on the share, and especially for the amount he bought for??

I dont think he would buy if he saw the same thing as you.

[gamma]

Sold at 72.

Bought at 28 just over 2 years ago.

 

Shame really, was looking to hold at least 3 years but too much uncertainty at the moment.

 

[PickApprentice]

It will be interesting to see how Brait values SHF in its annual report. Based on my brief calc, the NAV per share excluding Pepkor is around R10 based on its 2014 financials. Currently, the share price excluding the consideration received for Pepkor is about R19. 

 

Based on the above, more downside is expected if market is rational. 

[gamma]

Not sure what to make of today. Seems like an over reaction.

[gamma]

Brait's share price is killing it at the moment. up around 88 at the moment. Been a great year so far. 

[gamma]

Good Results

[brendonfiddes]

It does look like it has run up a little too far - http://www.relativev....co.za/bat.html

[Dust]

Yeah.. noticed this too. Some purposeful trading pushing the price up and then yesterday at close a very big trade went through. The sens announcement is due.. maybe today??<br /><br />Sent from my GT-I9500 using Sharenet Sharechat mobile app<br /><br />

[gamma]

Guys, what's cooking here? I don't see much in the way of news.  Share's flying last few months

Results are about  a month away but it doesn't really explain this move...somethings up..

 

 Screen Shot 2014-05-06 at 12.31.18 AM.png   38.13KB   68 downloads

[soutie]

Hey Procrastinator.

I'm not interested in that kind of investment & neither should Brait be (my opinion) leave it to the people who know what they're doing with regard to unsecured loans via a national retail footprint. Ironically ABL has a quarterly report out today why ironically well they bought Ellerines for exactly the same reason.

If specialist lenders can't do it successfully how can Brait...?  

Plus take a look at companies that Dr Wiese has been investing into Pallinghurst domiciled in Guernsey (tax haven) now 37% of SVF domiciled in Bermuda (tax haven) conspiracy stuff possibly....?

Anyway it detracts away from what was encouraging acquisitions into the fast moving consumer goods space you know Unilever/Proctor & Gamble etc...all be it smaller well much smaller but Dr Wiese knows retail & that's where I thought Brait was heading & now this little waste of my hard earned sorry bud I'm out..I'll wait it out & see from the sidelines while it unfolds.

As for spinning SVF off well it's already listed on the ALTX ....   Those are the reasons, my average buy in was R30 so....nice while it lasted.

Happy investing/trading....

[Procrastinator]

Sold my holdings after hearing of their stake in SVF

Hi Soutie, what specifically about the SVF stake made you get out, think the whole exposure to this entity was about 1 Bn, and Brait had indicated they were selling this out or spinning off as separate listing.
Apart from the dodgy directors domicile (Bermuda ??) and the CEO from Aston university, sorry where?....cough.

Just interested to know.

[Procrastinator]

Wow, hammering taking place down to 46.60 off from 55 couple of weeks ago, my stop loss bailed me at 48, keen to get back in but where is the biggie?, why is this stock getting hammered, is it the retail exposure?, will this share do a shoprite?

[soutie]

Sold my holdings after hearing of their stake in SVF

[Sheldyn]

today looks like a potential buying opportunity? any thoughts...?

[Davidish]

BAT has hit a nice dip - closing in at R50.56 today. Views on this share going below 50? Or is this a good time to get in for a long up to the +-R52 level?

[soutie]

General Share Information Short Name SVF (SVF) Long Name Southern View Finance Ltd JSE Sector ALTX (ALTX)

 

Period Close Move %move High Low Volume 7 Days   0 0.00     0 14 Days   0 0.00     0 21 Days   0 0.00     0 1 Month   0 0.00     0 2 Months   0 0.00     0 3 Months   0 0.00     0 6 Months   0 0.00     0 1 Year   0 0.00     0 2 Years   0 0.00     0 3 Years   0 0.00     0 5 Years   0 0.00     0
 

 

Quite tightly held me thinks

[soutie]

Again un-inspiring yet solid update.

 

For those like myself who are nervous of forays into the unsecured lending space.

 

 

http://www.southernv....com/about.html

 

 

 

[RoyM]

Not sure why you stressing...
Up 40% over the past year.

You're right.. Solid play, no new news, up 40%. Probably even worth picking up a few more

[gamma]

Shuda kept my mouth shut... I think I jinxed it!

 

Not sure why you stressing...

Up 40% over the past year.