909 replies to this topic

[marcoza]

Fair enough, TFG is on a pe of 11 when most your retailers are on a 20+ PE. It does seem like the cheapest buy in the retail sector but then you need to ask yourself, why is it trading at such a PE discount relative to the rest of the sector?

[delta66]

CML has been making quite a few acquisitions lately (SPP, EXX, TFG). One wonders whether its a case of them getting a bit "big" in terms of assets under management and the need to utilize the capital inflows from new clients or whether there is indeed value in their selected stocks. I find it interesting that they have taking positions in retailers, both SPAR and FOSCHINI given the pessimistic outlook from the rest of the market. This will be interesting to watch in the up and coming months.

its not just them, there seems to be general consensus among fund managers that TFG is a value buy at current levels.  give me some time and i'll post a few articles relating to this.

[marcoza]

CML has been making quite a few acquisitions lately (SPP, EXX, TFG). One wonders whether its a case of them getting a bit "big" in terms of assets under management and the need to utilize the capital inflows from new clients or whether there is indeed value in their selected stocks. I find it interesting that they have taking positions in retailers, both SPAR and FOSCHINI given the pessimistic outlook from the rest of the market. This will be interesting to watch in the up and coming months.

 

 

[gamma]

   

 

HDB, what you open your short at? 50 somethin?

[HDB]

HDB, the Doom and Gloom prophet has spoken. I can't wait to tell him that he has been stopped out TWICE with CML. I bet he's sweating now.

Please leave me the honours to do so. You can clap later.

 

   

[orca]

HDB, the Doom and Gloom prophet has spoken. I can't wait to tell him that he has been stopped out TWICE with CML. I bet he's sweating now.

Please leave me the honours to do so. You can clap later.

[HDB]

Still short!! patience required!!

 

a pyramid scheme ..they see "value" where others don't(or perhaps fearful)

you still open on that "short"? i closed my position

[delta66]

a pyramid scheme ..they see "value" where others don't(or perhaps fearful)

you still open on that "short"? i closed my position

 

Which basically comfirms what I always felt about CML..

 

They operate a pyramid scheme!!    

 

Don't say u were not warned!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[HDB]

Which basically comfirms what I always felt about CML..

 

They operate a pyramid scheme!!    

 

Don't say u were not warned!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

 

looks like they see value in TFG..good news for holders of TFG(yes, me ) and i'm sure high returns for CML down the proverbial road.

[delta66]

18 June 2013

THE FOSCHINI GROUP LIMITED

NOTIFICATION OF ACQUISITION OF BENEFICIAL INTEREST IN SECURITIES


In compliance with section 122(3) of the Companies Act (71
of 2008) and regulation 121(2) of the Companies Act
Regulations 2011, the Company advises shareholders that it
has been notified by Coronation Asset Management (acting on
behalf of their clients) that it has acquired shares in the
Company resulting in Coronation's clients' collective
beneficial interest in the Company increasing to 10.19% of
the issued share capital of the Company.

 

looks like they see value in TFG..good news for holders of TFG(yes, me ) and i'm sure high returns for CML down the proverbial road.

Edited by delta66, 19 June 2013 - 04:09 PM.

[Safrican]

.... how about those STUPID  Proteas at 120/8 .....!!   

Edited by Safrican, 19 June 2013 - 01:56 PM.

[Sheldyn]

Wow this Thread really is a Soap Opera.  

 

Subscribe.

 

[Cold Night]

You were missing the point of my post.. I dont care if you hold R5 000 000 worth of CML

 

I have a VERY big holding in CML.. Yet I do not worry about it on a daily basis and keep a book of the share. And continuously posting about the share is not gonna help the share go up   

Calm down... you sound like a grumpy old man... ( a rich one tho! hahaha)

[Perreby]

Sorry if I offended you Perreby but I was merely replying to your post about "mine is bigger than yours".

 

You were missing the point of my post.. I dont care if you hold R5 000 000 worth of CML

 

I have a VERY big holding in CML.. Yet I do not worry about it on a daily basis and keep a book of the share. And continuously posting about the share is not gonna help the share go up   

[orca]

You are a fool! No one cares how much you hold in CML..

 

Like to brag much Marcos?

Sorry if I offended you Perreby but I was merely replying to your post about "mine is bigger than yours".

[Perreby]

More than R1.35m! Geez man. You have a whack of CML.

 

You are a fool! No one cares how much you hold in CML..

 

Like to brag much Marcos?

[orca]

Orca, I think I hold more CML shares than you .... But I am not so worried about its daily movements.

 

You guys cry and cheer about this stock every day. Panic when it falls and walk around big chested when it gains.

 

Its like a soap opera on here... 

More than R1.35m! Geez man. You have a whack of CML.

[Perreby]

Perreby has been around along time. 3,357 posts, yip over 3000. He use to give some good info, go back look who he works for, or use to. He stopped posting, cause I think some1 gave him crap. But please do not assume you talking to some1 that does not know about investing.

 

Hello Perreby....

 

Jadeb, I still work for them

[Mad Max]

Hi,

 

On the old forum I posted a list of all my shares I hold..

 

If I have time I will do so again (ill start a new thread, dont want to spoil Orca/Marcos' beloved CML thread)

 

Many thanks , Sir .  I will try to search for that post.

 

 

Perreby has been around along time. 3,357 posts, yip over 3000. He use to give some good info, go back look who he works for, or use to. He stopped posting, cause I think some1 gave him crap. But please do not assume you talking to some1 that does not know about investing.

 

Hello Perreby....

 

Hello, no offense intended to Perreby  and from his reply above it does indicate he did not think so either .  He looks like he has more polish (and  money) than most of us on this forum !

[Perreby]

 Perreby,  if you can, what stocks are you invested in beside CML and what percentage ?

 

Hi,

 

On the old forum I posted a list of all my shares I hold..

 

If I have time I will do so again (ill start a new thread, dont want to spoil Orca/Marcos' beloved CML thread)