7058 replies to this topic

[AJS]

WHL average cost is 6104 after my "add"  next buy back will be under 5700..if it reaches that, highly doubtful but in this market anything could happen

 

A lot of buying power coming through on WHL today! Like that candle being formed on high volumes.

[delta66]

HDB..we complete opposites..      i'm long VOD at 11572 but on very small initial entry position(as always)

 

 

[HDB]

Double down on my VOD short @ R116.00

[alexander]

Growthpoint final results June 2013

 

Revenue rose to R5.8 billion (R5.3 billion). Operating profit increased to R4.3 billion (R4 billion). The net attributable loss widened to R1 billion (loss of R921 million). However, headline earnings per linked unit nearly doubled to 138.67cplu (72.69cplu).

 

Distribution

Notice is hereby given of declaration of final dividend number 54 of 0.07622c and debenture interest payment number 54 of 76.22378cps, totalling 76.30000cps (cash distribution) for the six months ended 30 June 2013 bringing the total income distribution for the year ended 30 June 2013 to 149.00000cps.

 

 

EOH looking good, strong interest judging order depth..

 

added CML 6650 (adding to current position 6750)

 

entered TRU at 8056 (i know HDB advised holding but small position and can/will buy back if needed)

 

order in long on PNC at 2394

 

order in long on MPC at 11890

 

order in GRT 2330 (adding to my current position 2405)

[delta66]

WHL average cost is 6104 after my "add"  next buy back will be under 5700..if it reaches that, highly doubtful but in this market anything could happen  

 

 

[AJS]

EOH looking good, strong interest judging order depth..

 

added CML 6650 (adding to current position 6750)

 

entered TRU at 8056 (i know HDB advised holding but small position and can/will buy back if needed)

 

order in long on PNC at 2394

 

order in long on MPC at 11890

 

order in GRT 2330 (adding to my current position 2405)

 

And your WHL?

[delta66]

EOH looking good, strong interest judging order depth..

 

added CML 6650 (adding to current position 6750)

 

entered TRU at 8056 (i know HDB advised holding but small position and can/will buy back if needed)

 

order in long on PNC at 2394

 

order in long on MPC at 11890

 

order in GRT 2330 (adding to my current position 2405)

 

 

[Sunesis]

How about Shorting AVENG- the construction sector does not look lively.

[AJS]

The setup on the WHL dailies looks really nice with volumes high today so far...

[delta66]

not good enough for market...once again confirms our market is too highly priced...everything is a bloody short in my opinion!!APN , FBR etc etc 

 

thanks for the heads up, spoke to one of the derivative's traders from BoE recently and his opinion was also similar to what you've just stated..ie. market way overbought - short everything

[HDB]

DSY bleeding profusely..down over 6%..tempted to long but with our ZAR southbound i'm going to stand on the sidelines....for now

 

Shareholders are advised that normalised headline earnings per share are expected to be between
15% and 25% higher...

 

not good enough for market...once again confirms our market is too highly priced...everything is a bloody short in my opinion!!APN , FBR etc etc 

 

Ps..expect the DSY selloff to continue for next few days..so don't think of going long yet!!

Edited by HDB, 28 August 2013 - 11:06 AM.

[delta66]

DSY bleeding profusely..down over 6%..tempted to long but with our ZAR southbound i'm going to stand on the sidelines....for now

[@sirgrantfleming]

and now long @ R116.00

about time - absolutely detest when you are opposite my positions!! (still reeling with SHP long)

[HDB]

 

Any advise on which stocks we can keep shorting will be welcomed.

 

Its all here in this thread!

[Sunesis]

When markets are bleeding like this, its advisable to buy only on bullish confirmation.

 

The best plan is to short the weaker sectors on the JSE. Dont fight the trend.

especially when we have so much risk.

 

Also remember that Strike season is also here together with Syria military strikes, thats a double blow for JSE.

Keep Shorting the weaker sectors.

 

South Africa may face strikes involving as many as 335,000 workers after deadlocks in wage negotiations between employers and the country’s biggest unions spread to gas stations and car dealerships.

About 72,000 motor industry workers will walk out on Sept. 2 after a breakdown in wage talks between the National Union of Metalworkers of South Africa, the Fuel Retailers Association and Retail Motor Industry Organization, the union said in a statement today. They will join workers in the auto manufacturing, construction and aviation industries who are already on strike, while gold mining companies face the threat of labor action.

 

Any advise on which stocks we can keep shorting will be welcomed.

 

[HDB]

Closed IMP short @ R115.50

Now considering going long!!

and now long @ R116.00

[HDB]

Imp reaching a key resistance level of R120.00! if it breaks this convincingly no stopping in... Im shorting at R119.50 with a stop at R122.01 .. lets see what happens

 

Closed IMP short @ R115.50

Now considering going long!!

[delta66]

advice taken, thanks.  its defo a "short" market under current conditions. 

[HDB]

HDB, what about TRU? its heading to your TP for closing?  i'm unashamedly considering adopting your strategy by longing them from 8000 

seems like it may fall below R80.00 in this falling markets...Only go long on a confirmed reversal candle,a major up day or a break above R85.00, otherwise you will get burnt!!

[delta66]

HDB, what about TRU? its heading to your TP for closing?  i'm unashamedly considering adopting your strategy by longing them from 8000