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#1 Investment novice

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Posted 05 September 2019 - 08:36 AM

Interesting discovery challenging government.... Brave and foolish... Discovery administrator has more to lose from health reform as regulatiin can prevent brokers from selling the produxts and limit the admin charge levied from scheme to parent administrator....
Pla dont antogonise gov... Revenues already threatened.....

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#2 Bread

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Posted 21 August 2019 - 10:38 PM

Health care stocks in the US are also tanking. So that and the NHI have contributed big time. When the US stocks start turning so will ours.


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#3 Investment novice

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Posted 21 August 2019 - 10:18 AM

Some damnimg stuff in media on accounting practice

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#4 Investment novice

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Posted 19 August 2019 - 05:41 PM

Shares down 8% today.... Is something other than nhi driving the price down... Perhaps it's reforms limiting revenue... Perhaps it's something else.... We will find out eventually

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#5 Investment novice

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Posted 15 August 2019 - 05:27 PM

Speaking to a broker today, concerned that brokerage fees will be lost and discovery will lose their greatest marketing channel.
Also indicated discovery administrator bills discovery scheme almost 250% more than what gems pays their administrator.
Even if nhi does not happen.... Discovery in for loss in revenue and the bad exposure on some of their actions may further impact price... None confirmed but inauramce brokers usually have the inside track, especially now that they will lose all the fringe benefits

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#6 Investment novice

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Posted 14 August 2019 - 10:58 AM

Absolutely. And they have been managing this risk since 2010 odd... The guys on top are clever... Moved alot of their money out of the country and arbitrage share holding.. That's why I am worried that the smart guys will have margin calls and the share price will take a further hammer ring...
Great share, clever entrepreneurs

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#7 soutie

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Posted 14 August 2019 - 07:49 AM

My guess the market will start to go into their other businesses in finer detail arrive at a figure for those & apportion the SA discount to their SA business thus the new price range.

Once SA business is ring fenced market settles down...Plenty of examples Anglo American & Billiton being the largest I recall & Goldfields the most recent..!

 

These guys at the top have serious skin in the game & are very clever peops who can ply their trade elsewhere maybe they go the Old Mutual route & relocate head office split the business & adios...

The Adrian Gore's of the world don't rest 


Edited by soutie, 14 August 2019 - 07:52 AM.

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Anyone need a heads up...!


#8 Investment novice

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Posted 13 August 2019 - 05:51 PM

Whether nhi is a reality or not is not the issue...
The real question would be the middle ground that discovery and medical aids will have to achieve.
Which would reduce membership of private insurance and any other business would be at a significantly lower costs than currently achieved.
The financial impact is massive to moderate and the market is pricing this in. The market is inflated and all stakeholders will see fat trimmed.

The market has valid concerns and the share will bottom and get a new base.

Issues on banking and foreign dumping may also contribute as well as possible margin calls. Guessing here.
I like the company and would buy especially at the right price.. Hopefully it reached r75 or lower... But if not will get on the turnaround especially under r105

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#9 Investment novice

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Posted 13 August 2019 - 04:25 PM

Wonder how many margin calls will be induced by this

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#10 soutie

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Posted 13 August 2019 - 08:57 AM

Market is being irrational, NHI is not going to happen, full stop. 

 

+1

But Mr Market knows when to buy in I don't....Sidelines till then as this could go waaaaaaay lower purely on fear & short selling the rumour..


Edited by soutie, 13 August 2019 - 08:58 AM.

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#11 SB45

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Posted 13 August 2019 - 08:54 AM

Nhi definately has an impact here, but foreigners dumping sa stock and where they may have held onto this share now have more than one reason to sell.
Analysts had this as a majority sell for sometime.

NHI is an Eskom on steroids....

I wonder if this share would hit lows seen prior to 2014....anything is possible... Will definately buy this share at r40


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Market is being irrational, NHI is not going to happen, full stop. 


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#12 Investment novice

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Posted 12 August 2019 - 09:13 PM

Nhi definately has an impact here, but foreigners dumping sa stock and where they may have held onto this share now have more than one reason to sell.
Analysts had this as a majority sell for sometime.

NHI is an Eskom on steroids....

I wonder if this share would hit lows seen prior to 2014....anything is possible... Will definately buy this share at r40


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#13 Midas1

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Posted 12 August 2019 - 08:33 PM

Pretty sure this is a reaction to government healthcare proposal for future...although 2026...well that's my take
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#14 Shi

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Posted 12 August 2019 - 08:24 PM

Big drop today, what's happening here?


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#15 Shi

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Posted 13 March 2015 - 09:59 PM

Some put the post rights issue price at 120 come Monday.

 

So, the N share will then trade around 30 bucks.


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“One day Alice came to a fork in the road and saw a Cheshire cat in a tree. Which road do I take? she asked. Where do you want to go? was his response. I don't know, Alice answered. Then, said the cat, it doesn't matter.” - Lewis Carroll

#16 dominant

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Posted 06 March 2015 - 06:22 AM

Do you expect the fire claims to be material?


Thought it may be, although since it's more or less under control, probably not. Some houses that were in danger are valued and insured for more than R50m per house. But then again, Discovery insure is surely quite small compared to the likes if Santam and Zurich in that arena.
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Cash is a fact, EPS is an opinion.

#17 gamma

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Posted 05 March 2015 - 08:09 PM

Unsure why this is going up - claims will start piling in soon with these fires in Cape Town.

 

Once that's priced in, perhaps a good time to get in.

 

Do you expect the fire claims to be material?


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#18 delta66

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Posted 04 March 2015 - 01:10 PM

perhaps div on 16th providing underlying strength<unsure :ph34r: >  in any event have order @11000 which may/may not hit post div


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“melior diabolus quem scies”


#19 dominant

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Posted 04 March 2015 - 10:21 AM

Unsure why this is going up - claims will start piling in soon with these fires in Cape Town.

 

Once that's priced in, perhaps a good time to get in.


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Cash is a fact, EPS is an opinion.

#20 UpAnDdOwN

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Posted 01 September 2014 - 11:16 AM

what is going on here? they released a strong trading update and have been struggling since.


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