561 replies to this topic

[Bread]

Resilient = 100%

[Bread]

Well.

 

Redefine looks good for an upswing soon and they have a divi coming up. Resilient looks the same but they've already paid their divi. Investec ltd also looks good and also have a divi coming up but I reckon their trend is sideways for now. So of the 3 I'd say Resilient is the most likely to give me a 6.4% return over the next 3 weeks. Problem is, their Directors sold a whole whack o' shares 2 weeks or so ago. Hopefully the Rand will weaken to around the 12.50 mark or weaker.

[Bread]

Redefine, Resilient or Investec LTD?

[Mr.Balls]

I agree Mr Dividend

 

I personally bank at Capitec, the banking business is perfect, no hassles and low fees, only draw back is the limited services, maybe in the future they will give car and house loans?  But the main income is on the unsecured lending side R10.7bn , transaction fee income R 2.6bn. So essentially you are invested in an unsecured lender not a bank, and that's the problem, unsecured.. Id rather have some sort of security if people default on their loans, CPI impaired R 4bn last year.

 

Just feels to me like this is a growing bubble which will pop as soon as our economy takes a hit with high unemployment and rising inflation...

[Timonr]

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[MrDividend]

I also sold out CPI at R280, bought at R 180 so was happy with the profit, however now I also got sellers regret, next time ill just use a trailing stop loss +- 10%, so not to miss out on the upside potential.

 

Also CPI not really convinces me, the business model I don't see as sustainable, I might be wrong, but they basically lure people in with the "no fee" banking services, then loan the money out to the working class (who cant afford it) and ask high interest, so as long as more people deposit money the bubble can keep growing, the more they lend out the better, just make ample provision for bad debt and they continue to grow, might be my sour grapes speaking here but if it works out good for them, otherwise here comes another ABL!

 

My main portfolio still has a fair amount of Capitec avg R185 and 6.5% of the porfolio. The only reason I bought was it had dropped at the time and divi yield was around 3%, so could fit it in. But still think it's a great bank - wife and I just bank with them these days - more of the "middle classes" are as the service is generally better as well as the fees. Nothing like ABL in my book - and still lot's of client to nick of the big 4 as well as other sectors to move into - homeloans and vehicle financing being two.

 

Then, off course, there is the rest of africa - and their product is perfect for it, same as MPC.

[orca]

All short term metrics on the banking sector are bullish. Perhaps a bit early to sell now.

[Mr.Balls]

I also sold out CPI at R280, bought at R 180 so was happy with the profit, however now I also got sellers regret, next time ill just use a trailing stop loss +- 10%, so not to miss out on the upside potential.

 

Also CPI not really convinces me, the business model I don't see as sustainable, I might be wrong, but they basically lure people in with the "no fee" banking services, then loan the money out to the working class (who cant afford it) and ask high interest, so as long as more people deposit money the bubble can keep growing, the more they lend out the better, just make ample provision for bad debt and they continue to grow, might be my sour grapes speaking here but if it works out good for them, otherwise here comes another ABL!

[MrDividend]

That's proving to be quite hard. I find it a hell of a lot easier buying a quality company and having a very long term view (for me 15% per year) than looking for a 5 - 10% increase over a month or so.

 

Have changed my mind - 5 is too many, going for 3 shares with a 2 month out look.

 

I doubt this will beat my normal portfolio - but at least would have tried to trade.

 

But here goes: Using easyequities - so not exact amounts as you also get parts of shares - including fees

 

CML 9708

Taste 319

Capitec 46938

 

Ok - trading isn't for me

 

Got my 10% from Capitec - then sold. Now I think I have sellers regret! Although I have no problem selling a share that's ether nosediving or I have given it a year or so and it's not moving - selling a share that I like for a small gain is just not for me.

 

Different strokes for different folks I guess. More than happy with the main portfolio - so will make a new one with less focus on dividends - but mainly mid and large caps. Boring, just like me

[Bread]

Cash = 100%

 

Sold Telkom at 7948.

[Bread]

[MrDividend]

What are those five shares, Mr. Div?

 

That's proving to be quite hard. I find it a hell of a lot easier buying a quality company and having a very long term view (for me 15% per year) than looking for a 5 - 10% increase over a month or so.

 

Have changed my mind - 5 is too many, going for 3 shares with a 2 month out look.

 

I doubt this will beat my normal portfolio - but at least would have tried to trade.

 

But here goes: Using easyequities - so not exact amounts as you also get parts of shares - including fees

 

CML 9708

Taste 319

Capitec 46938

Edited by MrDividend, 23 March 2015 - 09:24 AM.

[Sugafoot]

What are those five shares, Mr. Div?

[MrDividend]

lol

 

Portfolio 2 is made up of share that I liked, but did not make it into the main portfolio - usually because of lack of a decent dividend. Total value is only around 5% of the main portfolio - so very small and just for fun.

 

Contains:

 

AVL, APN, CLS, DBXUS, DBXEU, DBXUK, EOH, FBR, FSR, JSE, MDI, MDC, NPN, OMN, OLG, KST, REB, SNV, SOL, SHF, TWR, TTO, WHL and ZED

 

Guess I enjoy reading SENS!!

 

I've left green open...

 

I have decide to change tack with this one - and limit myself to 5 shares and use it for trading. I was debating opening a CFD account - but hate the fees. 

[Bread]

Oh, ok, thanks. Ja, I was hoping my explanation addressed to Queen B about not choosing either Barclays or Nedbank would've avoided any confusion :-)

 

Nah nothing malicious Bread, Barclays or Nedbank were the options mentioned yet Telkom was the choice. Hence crank call.

That's a problem with the written word sometimes lost in translation.

Anyhow nice one.

Cheers. 

[soutie]

Nah nothing malicious Bread, Barclays or Nedbank were the options mentioned yet Telkom was the choice. Hence crank call.

That's a problem with the written word sometimes lost in translation.

Anyhow nice one.

Cheers. 

[Bread]

Huh?

 

 

Crank call...?

[soutie]

B-AFRICA or NEDBANK ?

 

Telkom - 100%

 

Bought at 7516.

Crank call...?

[Bread]

Telkom - 100%

 

Bought at 7516.

[Bread]

Queen B,

 

B-AFRICA, Barclays in Africa and Europe, is going to have a tough time of it because of the massively strong dollar so their earnings are going to take a knock one way or the other. Maybe their divi will prop up the share price until the LDT but there's a very good possibility it'll tank the 1st day it goes ex divi.

 

NEDBANK is backed by Old Mutual but I reckon they're more or less in the same boat.

 

So, what to do?

 

Euro and dollar earning shares look the most attractive, like RESILIENT, NEPI and ROCKCASTLE, but that's not to say that there aren't any other SA shares that will do just as well. There are a few but the one that looks most attractive to me at this point in time is TELKOM.