7058 replies to this topic

[Hooligan]

Looks like NPN long from yesterday will pay off nicely today, Tencent up.

 

Anyone keen on some DSY long?

Looks like R80 has FINALLY been breached and will probably test 84.

 

[delta66]

eyeing GFI - and have an order in for CML at 94! let's see perhaps some panic'd seller - will add more if it goes lower

 

order in at 9401..also allowing for buy back in case falls lower

[WINH]

couldn't resist adding to SGL from 2150..

Managed to add some @R2143. I've seen how this monster runs whenever the Gold price ticks up... just wait for some Russia/Ukraine madness to pop up, and i'll start planning for my mid-year holiday!

[@sirgrantfleming]

couldn't resist adding to SGL from 2150..

eyeing GFI - and have an order in for CML at 94! let's see perhaps some panic'd seller - will add more if it goes lower

[delta66]

couldn't resist adding to SGL from 2150..

[Ninja]

Come on guys keep buying woollies at R72..... It's a R100 share like Paul Theron keeps saying.... Never mind our economy or consumer cycle

Ps woollies to have her tencent day soon

Edited by Ninja, 27 March 2014 - 02:03 PM.

[Hooligan]

Any short takers on SHP at the underside of that (now) horizontal resistance?

I have my eye on the 156-162 range.
Almost there

[AJS]

Any short takers on SHP at the underside of that (now) horizontal resistance?

[delta66]

Any turn around for SGL in the horizon, where are the experts on this baby?

gold price strongly tied to SGL performance..still in, will add lower down(20.00-21.00)

[@sirgrantfleming]

will start accumulating NPN(long) from 1100

Got in yesterday, but looking to add - short lived, I reckon - tech stocks taking a hit after zucker decided to throw his monopoly money around

[WINH]

Any turn around for SGL in the horizon, where are the experts on this baby?

[delta66]

tencent down 6.5% on close in HK

[WINH]

I have work at one of the big 4 banks as part of the finance team and the analysis did show that small amounts of increase actually increased revenue with no adverse effect on new or existing loans.

Actually increase in short terms loans.

 

But the market traders use their own logic

And as a trader who do you follow, the market or the balance sheet?  . The thinking between an investor and a short term trader is often times very different... and me as a person who wants short term trades on banks, don't even look at the balance sheets! I do deep research into the other sectors, and invest for the long term, as for banks, i love the volatility, the up and down on a weekly basis.

 

So guys, don't take my comment if you're investors on banks

[Hooligan]

Also a order in on NPN @1100 

I'm already in @ 1109 with cost, will add again at 1040 with a stop just above 1000

[Godfather]

anyone looking to short Imperial at 17400?

[Godfather]

I have work at one of the big 4 banks as part of the finance team and the analysis did show that small amounts of increase actually increased revenue with no adverse effect on new or existing loans.

Actually increase in short terms loans.

 

But the market traders use their own logic

[Gspot]

High rates = Expensive money/ Low affordability = less loans taken = decreased revenue for Lenders = Fall in share price on the Market.... that's what has been observed from way back.

 

I see you say interest income will increase, yes that's true, but then the economics of scale come in, revenue lost due to fewer loans being taken tends to be higher  than revenue gained due to higher interest charged!

I totally understand your comments, very valid. (from my perspective, I cannot see how an interest rate hike of .05% biting the consumers spending and their affordability of existing loans (to reflect bad debts) or their uptake of new loans.  If rates went up 3-5% I would say definitely a major concern.  

 

I got a tight stop loss - just in case.  

[Godfather]

I am gld you guys mentioned the theory that Banks should run on rate increase.

That was my logic but markets don't do that.

 

If people are over indebted they don't have much choice to borrow. People will not lower standard until they loose their car / house.

 

Markets don't seem to think the same. They think the same as WINH. Both theories make sense

[alexander]

will start accumulating NPN(long) from 1100a

Also a order in on NPN @1100 

[WINH]

My thinking if there is a rate hike - the banks would run (as interest income would increase substantially).  My reasoning for shorting the bank (specifically BGA) is the recent rally of over 14% (perhaps dividend chasers pushing the price up to hard to quickly, although I do agree it was cheap then (from R130s level), so expecting a pullback, but also if the Reserve bank does not increase interest rates, such would be deemed a negative as annuity income margins are not increased.....

High rates = Expensive money/ Low affordability = less loans taken = decreased revenue for Lenders = Fall in share price on the Market.... that's what has been observed from way back.

 

I see you say interest income will increase, yes that's true, but then the economics of scale come in, revenue lost due to fewer loans being taken tends to be higher  than revenue gained due to higher interest charged!