93 replies to this topic

[jaDEB]

No it is cool, skip FUU, and no, UUU is done and dusted. Will not move unless the offer to buy it goes up. Stuck at R24 range. Waiting for end Feb then selling mine.

[delta66]

orca wrote on Thu, 14 February 2013 19:48

Where to start? ABC Got it. It is C. C stands for Coronation.

share of the day - it's CML for me as well. has never let me down. if i had invested 90% of my capital 4yrs back i would be sipping pina coladas on a white sanded beach somewhere in the pacific

[walter10]

Everyone still shorting WHL I see. Target price?

[Bev]

Vader wrote on Thu, 14 February 2013 18:47

Hi Gents. I find myself only watching certain shares day in and day out. I know this makes sense as you need to follow the shares that you know and have a greater knowledge of. BUT - there might be one or two other shares that you could add to your watchlist. I propose that everyday, we pick a different share (one that is not as common as the others) and look at the charts, sens, divs, patterns, etc and see if between us we can find a gem or two. I still think that they must be large companies with high volumes of trades. What do you think? Maybe we do it alphabetically? Do you have the time? Cheers Vader

An excellant idea.

[Nick B]

hdbb wrote on Fri, 15 February 2013 09:22

jaDEB wrote on Fri, 15 February 2013 09:16 FUU. If u think this is a waste of time as it is not a blue chip. just ignore it. Jadeb not this crap of a share please..!! ps i know u meant UUU and not Fuu!!!

Think it is FUU.

I have no problem looking at the smaller shares. The problem FUU and other similar shares is the low volumes. This makes it very difficult to pick up trends, gaps, etc because R100 trade can throw the whole chart out of kilter.

[HDB]

jaDEB wrote on Fri, 15 February 2013 09:16

FUU. If u think this is a waste of time as it is not a blue chip. just ignore it.

Jadeb not this crap of a share please..!!

ps i know u meant UUU and not Fuu!!!

[jaDEB]

FUU.

If u think this is a waste of time as it is not a blue chip. just ignore it.

[Nick B]

Not knowing Coronation very well, this is what I see:
Very nice steady growth.
Tends to bounce off MA20 line - similar to the upward trend line.
Should be a small pull back to MA20 soon - based on pattern and stoch and RSI.
If I had to trade, I would not go against the trend and short till it hits the MA20 as there is not much value to he had.
Maybe the option would be to wait for the bounce off the MA20 and go long.
This is not what I typically trade - prefer the range bound trades, but maybe this would be an ideal time to try going with the trend.
I would seriously consider buying a few for my long term portfolio.
Anyone else see/know something else that has potential.

[jaDEB]

and as they say on the show "The Dragons" - I will make u an offer, thus am in. Good Idea, I will certainly keep an eye and appreciate it, on this thread if u keep it updated .

[Nick B]

Hear you loud and clear gcr.
This is obviously of little benefit to those of you who have been trading for years and are fimiliar with most of the stocks.
I have only been doing this a couple of hours a day for a couple of years so still have a great deal to learn.
Happy trading.

[gcr]

I think this type of exercise will be arduous to most my primary watch list has 52 counters on it and includes shares previous held but sold, current holdings, shares interested in but waiting on prices to drop to more acceptable levels. I have 3 other watch lists which I look at once a week to see trends in price changes. My brokers show a number of columns of which 3 are relatively important D/Y% P/E and future/forward P/E.
The question is where do you draw the line in assessing shares you would like to buy and those that may have potential as a future buy - you are now getting inot the realms of what fund managers and their keyboard jockeys do daily - looking for a gem to invest in that will shoot the lights out.
Many of your choices for purchasing a share is based on your believe the company will do well, that they have got good management, the company is growing organically rather than by acquisition.
Then again when do you share your convictions with other forum people - as soon as you purchase the share or some weeks after purchase and when the share has run up sufficiently.
Some people believe in small porfolios while other have diverse porfolios as they want to be in segments which will show growth even if a segment doesn't show acceptable capital growth.
People select shares based on their criteria and the criteria is probably very varied - if we all used the same criteria then there probably wouldn't be much of a market.
These are just some of my thoughts on the topic - and as they say on the show "The Dragons" - I'm out

[Nick B]

Coronation:

Company Description:
Coronation Fund Managers Limited (Coronation) is a South Africa-based, third-party fund management company. The Company offers both individual and institutional investors access to local and global across all asset classes, including specialist Global Emerging Markets and Africa units. The Company's clients include some of the retirement funds, medical schemes and multi-manager companies in South Africa, banking and insurance groups, investment advisory businesses, independent financial advisors, individuals and direct unit trust accounts. The Company operates under three segments: institutional, retail and international. Its subsidiaries include Coronation Investment Management (Pty) Limited, Coronation Investment Services (Pty) Limited, Coronation Life Assurance Company Limited and CFM (Isle of Man) Limited.

Fundamentals:
Market Cap ZAR 14.39
BEPS Recent Fiscal Year ZAR 1.96
Dividend Yield 4.51%
Profit Margin 0.52%
Return on Investment 1.55%
P/E Ratio 23.36
Dividend per Share ZAR 2.06
Price/Earnings 23.12
Beta 0.59

BRIEF:
For the fiscal year ended 30 September 2012, Coronation Fund Managers Ltd revenues increased 14% to RAN1.98B. Net income increased 10% to RAN684.1M. Revenues reflect International segment increase of 71% to RAN332.4M, South Africa segment increase of 7% to RAN1.64B. Net income was partially offset by South Africa segment income decrease of 11% to RAN700.7M. Dividend per share increased from RAN1.72 to RAN2.06.

Broker Ratings:
Strong Buy 0
Buy 1
Hold 3
Sell 0
Strong Sell 0

[orca]

Where to start? ABC
Got it. It is C. C stands for Coronation.

[Nick B]

Hi Gents.

I find myself only watching certain shares day in and day out.
I know this makes sense as you need to follow the shares that you know and have a greater knowledge of.
BUT - there might be one or two other shares that you could add to your watchlist.
I propose that everyday, we pick a different share (one that is not as common as the others) and look at the charts, sens, divs, patterns, etc and see if between us we can find a gem or two. I still think that they must be large companies with high volumes of trades.
What do you think? Maybe we do it alphabetically? Do you have the time?

Cheers
Vader