7058 replies to this topic

[HendrikB]

CML is buying for the long term.  If you're a CFD trader that's hardly relevant.  If you wanna go long on retailers now in this climate then you'll get hurt.  Plain and simple.

[yusufm]

 

Now this could spark some interest...CORONATION ADDING FOSCHINI, WOOLWORTHS TO HOLDINGS: CABLE

 

 

very interesting. I thought most analysts were expecting rates to increase further by half-year though....

[AJS]

 

Now this could spark some interest...CORONATION ADDING FOSCHINI, WOOLWORTHS TO HOLDINGS: CABLE

 

 

 

Thanks man, that is indeed news with a bit more to it!

[Zero Hedge]

Now this could spark some interest...CORONATION ADDING FOSCHINI, WOOLWORTHS TO HOLDINGS: CABLE

 

 

[Zero Hedge]

I am completely aware of it. I was just mentioning it. ( so yes, sorry, must have probably mentioned it as well just incase someone rushes off to buy WHL).

 

*edit* and because of Witchery and Country Road, I was saying that I hope the good retails sales figures do WHL good as well...

No problem...but CR and Witchery won't be enough to change sentiment towards WHL. Stronger/stable ZAR will be the trigger!

[AJS]

Woolies in Ozz has nothing what so ever to do with Woolies in SA...two completely different and totally unrelated entities. They just happen to sharfe the same name. Woolies interests in Ozz are through Country Road and Witchery.

 

I am completely aware of it. I was just mentioning it. ( so yes, sorry, must have probably mentioned it as well just incase someone rushes off to buy WHL).

 

*edit* and because of Witchery and Country Road, I was saying that I hope the good retails sales figures do WHL good as well...

Edited by AJS, 06 February 2014 - 07:22 AM.

[Zero Hedge]

Well, Woolies up > 2% in ASX.

Woolies in Ozz has nothing what so ever to do with Woolies in SA...two completely different and totally unrelated entities. They just happen to sharfe the same name. Woolies interests in Ozz are through Country Road and Witchery.

[Zero Hedge]

Hopefully the Aussie retail sales number will get WHL to life albeit for a brief moment.<br /><br /><br /><br />

Won't place too much hope on that...only 15% of group profits. Right now it's all about rising rates in SA...which I have highlighted as the biggest risk to WHL investment case in my very first post on this topic back in Aug 2013. That said think the market got ahead of itself by pricing in a number of rate hikes this year...listening to some of the SARB officials this may not be the case which means WHL at 6000 can just be an opportunity if the ZAR behaves. But remember to sell around the 6800-7000 levels!

[AJS]

Hopefully the Aussie retail sales number will get WHL to life albeit for a brief moment.<br /><br /><br /><br />

 

Well, Woolies up > 2% in ASX.

[AJS]

Hopefully the Aussie retail sales number will get WHL to life albeit for a brief moment.<br /><br /><br /><br />

[loading.....]

But take your time to build a position...choose your levels. No need to rush in. The bull market from 2009 lows is over...

thanks. oml was good so far for trading long and shorts

[Zero Hedge]

I like OML at current levels...have fallen VERY hard in London...all the way from GBP2.15 to GBP1.70 currently. Stock has a valuation underpin (trading at discount to conservatively stated EV) plus number of catalysts i.e. increased dividend pay-out, listing of US AM (although with the current turmoil in markets the opportunity may be slipping), plus the inevitable sale of UK platform business, the closure of UK headoffice and the return to their roots i.e. SA. On the negative side...too complicated to understand for some foreign investors, the Emerging market turmoil is weighing on sentiment, company report in GBP and with bulk of earnings from SA, the GBP earnings will be under pressure when translated).

But take your time to build a position...choose your levels. No need to rush in. The bull market from 2009 lows is over...

[Zero Hedge]

Zero Hedge, what's your take on Old Mutual ?

I like OML at current levels...have fallen VERY hard in London...all the way from GBP2.15 to GBP1.70 currently. Stock has a valuation underpin (trading at discount to conservatively stated EV) plus number of catalysts i.e. increased dividend pay-out, listing of US AM (although with the current turmoil in markets the opportunity may be slipping), plus the inevitable sale of UK platform business, the closure of UK headoffice and the return to their roots i.e. SA. On the negative side...too complicated to understand for some foreign investors, the Emerging market turmoil is weighing on sentiment, company report in GBP and with bulk of earnings from SA, the GBP earnings will be under pressure when translated).

[loading.....]

Zero Hedge, what's your take on Old Mutual ?

Edited by loading....., 05 February 2014 - 05:31 PM.

[Zero Hedge]

thanks but my entry price was way off, had to keep averaging down on costs until in the money..win in the end but high stress

 

have my doubts as well but remain cautiously optimistic..that 37+ level should help support a push higher +-37.80  feeling somewhat unsettled trading this market, techs/fundamentals don't mean anything in this landscape..appears 'sentiment" is the driving force in our market lately

Correct...sentiment and flows...

[delta66]

good call on LHC

thanks but my entry price was way off, had to keep averaging down on costs until in the money..win in the end but high stress

 

Doubt whether it will hang onto its gains come close of business...whole SA Inc space is tired.

have my doubts as well but remain cautiously optimistic..that 37+ level should help support a push higher +-37.80  feeling somewhat unsettled trading this market, techs/fundamentals don't mean anything in this landscape..appears 'sentiment" is the driving force in our market lately

[Zero Hedge]

...hoping LHC breaks and holds R37+ convincingly by end of day trading

Doubt whether it will hang onto its gains come close of business...whole SA Inc space is tired.

[loading.....]

...hoping LHC breaks and holds R37+ convincingly by end of day trading

good call on LHC

[delta66]

...hoping LHC breaks and holds R37+ convincingly by end of day trading

[alexander]

SAB very oversold in London...don't panic now but as I have said keep close eye on those Latam currencies.

watching SAB in London small upwards movement