Thinking about buying 50% now, if it doesn't turn now I'll average it down.
good strategy..i use a similar discipline in 80% of my trades with very few losses to win ratio
Posted 02 December 2013 - 01:31 PM
Thinking about buying 50% now, if it doesn't turn now I'll average it down.
good strategy..i use a similar discipline in 80% of my trades with very few losses to win ratio
“melior diabolus quem scies”
Posted 02 December 2013 - 12:32 PM
Did you buy ? Im also watching but just want to make sure it finds support.
Waiting for a SAB long @ R520
Also waiting for support to kick in. Thinking about buying 50% now, if it doesn't turn now I'll average it down.
Posted 02 December 2013 - 12:27 PM
Waiting for a SAB long @ R520
Did you buy ? Im also watching but just want to make sure it finds support.
Posted 02 December 2013 - 11:32 AM
The press release looks like a case of last minute desperation on the part of Bidvest. Compared to the CFR proposition I don't see any material value being created by going with Bidvest. Looks to me like they are just trying to garner support from PIC so they can stick a spanner in the spokes of the deal.
Posted 02 December 2013 - 10:45 AM
Bidvest bid R70 a share for 34% stake. Now what will the price do this morning? Will it react as if a bidding war has started? Or will it fall as a result of the CFR deal being in jeopardy. Probably R70 is a floor either way.
The press release looks like a case of last minute desperation on the part of Bidvest. Compared to the CFR proposition I don't see any material value being created by going with Bidvest. Looks to me like they are just trying to garner support from PIC so they can stick a spanner in the spokes of the deal.
IG SA40
Posted 02 December 2013 - 10:25 AM
Waiting for a SAB long @ R520
Posted 02 December 2013 - 10:18 AM
I'm long KIO looking for the reversal not sure if this is it......to be continued
Moved stop to just below R395
Lock in tintsy profit & cover costs.
Anyone need a heads up...!
Posted 02 December 2013 - 09:57 AM
FSR raised to 'BUY' vs 'NEUTRAL' by CITI
FSR coming back strong
Posted 02 December 2013 - 09:45 AM
Go NPN! Almost there!!
Posted 02 December 2013 - 09:38 AM
adding more to existing BHP contract..from >308.00
“melior diabolus quem scies”
Posted 02 December 2013 - 09:24 AM
entered long CML 7990
“melior diabolus quem scies”
Posted 02 December 2013 - 08:50 AM
Tightened my stop to 72
Bidvest bid R70 a share for 34% stake. Now what will the price do this morning? Will it react as if a bidding war has started? Or will it fall as a result of the CFR deal being in jeopardy. Probably R70 is a floor either way.
Posted 29 November 2013 - 07:06 PM
I'm long KIO looking for the reversal not sure if this is it......to be continued
I'm long KIO looking for the reversal not sure if this is it......to be continued
If you can hold for a while I am sure you will be rewarded for patience. This is a great share and product that is in a long term demand cycle. Am waiting to see what happens if it starts hovering around R378 at that level its a progressive buy.
IG SA40
Posted 29 November 2013 - 05:21 PM
Posted 29 November 2013 - 04:25 PM
Big Long Impala R118
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 29 November 2013 - 03:17 PM
Just read this mornings articles to get clarity. Hmmm, seems like they have already agreed to achieving 25.1% over 10 years. Think I will hold off on a short for the time being.
Posted 29 November 2013 - 10:22 AM
going to start my weekend early ...enjoy everyone, see you all next week!
“melior diabolus quem scies”
Posted 29 November 2013 - 10:14 AM
I'm long KIO looking for the reversal not sure if this is it......to be continued
Anyone need a heads up...!
Posted 29 November 2013 - 10:05 AM
order in..long BIL 309.00
“melior diabolus quem scies”
Posted 29 November 2013 - 09:48 AM
Think I might just join you on this one. How is someone from Chile supposed to understand that giving away a 1/4 of the company you have just bought makes good business sense?
Just read this mornings articles to get clarity. Hmmm, seems like they have already agreed to achieving 25.1% over 10 years. Think I will hold off on a short for the time being.
IG SA40