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#41 new john

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Posted 31 July 2019 - 09:34 AM

https://www.supermar...-Store Openings

 

https://www.supermar... and technology


Edited by new john, 31 July 2019 - 09:35 AM.

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#42 new john

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Posted 31 July 2019 - 09:10 AM

https://www.business...g-update-2019-7


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#43 new john

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Posted 31 July 2019 - 08:57 AM

Morning 

My theory from a longer term equity stance (3+yrs) is there is a new reality confronting retail SA. Shoprite has for while been trading on it's proven reputation to deliver. I'm not so sure that is the case going forward, consumers don't have much scope to trade lower than what Shoprite offers through it's other outlets Usave etc...I'm not saying it's plateaued but I don't know where the growth will come from to move the needle.

For this post I'm kinda lumping Pick N Pay with Shoprite as they're both facing the same hurdles from a growth/what's next perspective.

Massmart tried to take them on & well failed miserably. Wallmart arrogance.... well this is Africa boet...!

Woolies customers can trade down to what Shoprite are now offering in their convenience section & the upper priced lines they are expanding into.

Shoprite has a decent furniture section yet they could go into clothing more meaningfully...? 

My biggest issue with Shoprite is this African expansion...Hopefully it's not a balls to the wall attitude....! Think Tiger Brands scenario or even Woolies down under disaster...Even more money in the toilet backing a CEO who won't fall on his own sword.

The overseas investor market wants a growth for growth sake result every year & when it doesn't appear they dump. Now 951k is not alot when over 6mil traded yesterday but it's the herd mentality it speaks to coming from the outside.

Anyway all comments/views & contradictions welcome.... ;)

Have a great day at market...

 

Opinion certainly appreciated. 

 

Have you done any research RE: OK Foods? SHP is throwing a LOT of weight behind their franchise division and has earmarked it as a direct competitor to SPAR and Pick n Pay Family stores. 


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#44 Midas1

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Posted 31 July 2019 - 08:40 AM

Opinion appreciated as always...I'm not static with equities...if go up enough I sell and bank...so who knows if I own shp on a year....I'm long on my cfds and you short.....so cant even say good luck...was article on web yesterday re checkers up market shops...guess people have buy food somewhere it's just where
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#45 soutie

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Posted 31 July 2019 - 08:22 AM

Morning 

My theory from a longer term equity stance (3+yrs) is there is a new reality confronting retail SA. Shoprite has for while been trading on it's proven reputation to deliver. I'm not so sure that is the case going forward, consumers don't have much scope to trade lower than what Shoprite offers through it's other outlets Usave etc...I'm not saying it's plateaued but I don't know where the growth will come from to move the needle.

For this post I'm kinda lumping Pick N Pay with Shoprite as they're both facing the same hurdles from a growth/what's next perspective.

Massmart tried to take them on & well failed miserably. Wallmart arrogance.... well this is Africa boet...!

Woolies customers can trade down to what Shoprite are now offering in their convenience section & the upper priced lines they are expanding into.

Shoprite has a decent furniture section yet they could go into clothing more meaningfully...? 

My biggest issue with Shoprite is this African expansion...Hopefully it's not a balls to the wall attitude....! Think Tiger Brands scenario or even Woolies down under disaster...Even more money in the toilet backing a CEO who won't fall on his own sword.

The overseas investor market wants a growth for growth sake result every year & when it doesn't appear they dump. Now 951k is not alot when over 6mil traded yesterday but it's the herd mentality it speaks to coming from the outside.

Anyway all comments/views & contradictions welcome.... ;)

Have a great day at market...


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#46 new john

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Posted 30 July 2019 - 08:17 PM

What I'm inferring is that on your first link there's a Lazard EM fund dumping 951k of script & the local guys mopping it up Coro for instance upping their holdings.


Correct me if I’m wrong but they’ve been steadily selling. Maybe a strategic move that’s not necessarily related to the current price. But yeah, I certainly can understand the point you’re making. Why sell on the way up?
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#47 Midas1

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Posted 30 July 2019 - 08:09 PM

They could have sold now as shares up...but makes you wonder if they think no more upside right now
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#48 new john

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Posted 30 July 2019 - 07:52 PM

My g d,,, just seen that and my omu shares...looks f### d.....saw this re shoprite...hope this doesn't mean further dip tommorrow....Lazard Asset Management reducing to 4.16% of the total issued Shoprite Holdings ordinary shares.


SENS released at 16:22 so will see if it has any major effect tomorrow.

I think SHP released today to divert news from their “quota squad” Springbok cake 😂
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#49 Midas1

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Posted 30 July 2019 - 07:32 PM

My g d,,, just seen that and my omu shares...looks f### d.....saw this re shoprite...hope this doesn't mean further dip tommorrow....Lazard Asset Management reducing to 4.16% of the total issued Shoprite Holdings ordinary shares.
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#50 new john

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Posted 30 July 2019 - 07:13 PM

Hi John, I'm also chuffed results and long...but did sell half my cfds when dropped 149.....got shudders...after which flipping went up...so hope make profit on that half....have quite lot in equities too so also quite happy with positivity


How’s your OMU looking after the news today ;)
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#51 Midas1

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Posted 30 July 2019 - 07:09 PM

Hi John, I'm also chuffed results and long...but did sell half my cfds when dropped 149.....got shudders...after which flipping went up...so hope make profit on that half....have quite lot in equities too so also quite happy with positivity
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#52 Midas1

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Posted 30 July 2019 - 07:07 PM

Spent the whole day behind the wheel of a car which was probably the safest place to be :D

Cannot have asked for more. That last quarter % was exactly what I was hoping for.

Africa weighing heavily but there’s little they can do about it.

Full disclosure: I’m looooong on this equity, and as a lifetime shareholder, I’m glad we’ve weathered through this past year and can look forward to more stability.

Will wait and see what tomorrow has in store but have already got the finger on the trigger.


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#53 new john

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Posted 30 July 2019 - 07:05 PM

Spent the whole day behind the wheel of a car which was probably the safest place to be :D

Cannot have asked for more. That last quarter % was exactly what I was hoping for.

Africa weighing heavily but there’s little they can do about it.

Full disclosure: I’m looooong on this equity, and as a lifetime shareholder, I’m glad we’ve weathered through this past year and can look forward to more stability.

Will wait and see what tomorrow has in store but have already got the finger on the trigger.
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#54 Midas1

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Posted 30 July 2019 - 05:07 PM

Yes understand short selling..not such a newbie....haha..I'm still long..but down from my 157.50 buy price...who knows what tommorrow brings....I'm short on impala..
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#55 soutie

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Posted 30 July 2019 - 04:43 PM

I sold to go short.....Short selling.

To exit the trade I must buy same back, sometimes refered to as short covering, depends who you're talking to.

Leaving 1/4 running to keep my attention focused. 


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#56 Midas1

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Posted 30 July 2019 - 04:39 PM

To go long...?
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#57 soutie

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Posted 30 July 2019 - 04:32 PM

Bought back 3/4 on re-take of R153.


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#58 Midas1

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Posted 30 July 2019 - 03:29 PM

Thanks
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#59 soutie

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Posted 30 July 2019 - 03:18 PM

Apply the 3 day rule here.

Check volume  on this time Thursday.


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#60 Midas1

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Posted 30 July 2019 - 03:16 PM

Thinking about buying them back lower and start praying haha..
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