501 replies to this topic

[@sirgrantfleming]

short coronation...

 

long coronation

[Queen B]

I got 75000 shares at 30 cents and just sold for 65 cents

Not bad for an hours work

[zoner]

Someone bought R100000 @35c

It's now @ 60c !

[Magnet]

Have a buy order in at 12c...cheeky or waste of money...

 

What's the right time...

Buy order at 15c.  With basically 1% of my portfolio. like a game of roulette lol

[soutie]

Have a buy order in at 12c...cheeky or waste of money...

 

What's the right time...

Edited by soutie, 07 August 2014 - 01:29 PM.

[HDB]

short coronation...

[Magnet]

25 cents

[Shortboy]

The main bond holders (Investec, Nedbank and Momentum) hold a lot of the fixed income in their money market funds significantly more than the market cap. When it gets cheap enough I reckon they will step in on the equity side to ensure that no hair cuts are taken on the bonds.  

Heh Heh! When you talk about hair cuts I couldn't help thinking of the trading term "scalp" which now has new meaning for ABIL investors.

[stoffels]

Yikes! That really puts things into perspective.Its an absolute stuff up. Took a small punt on them yesterday and didn't sell by cob. Now holding that razor sharp knife!! Wonder when the okes at Coronation are going to make a statement....should be interesting.

The main bond holders (Investec, Nedbank and Momentum) hold a lot of the fixed income in their money market funds significantly more than the market cap. When it gets cheap enough I reckon they will step in on the equity side to ensure that no hair cuts are taken on the bonds.  

[Shortboy]

from Marc Hasenfuss on twitter
Abil market cap now less than Finbond. If the Abil share drops any further, who knows little old Finbond could even become a predator...

Yikes! That really puts things into perspective.Its an absolute stuff up. Took a small punt on them yesterday and didn't sell by cob. Now holding that razor sharp knife!! Wonder when the okes at Coronation are going to make a statement....should be interesting.

[Shi]

from Marc Hasenfuss on twitter
Abil market cap now less than Finbond. If the Abil share drops any further, who knows little old Finbond could even become a predator...

[McEdama]

Good luck.

 

This company is insolvent and will probably go into business rescue in the next few months.

Dominant, this is one loss I won't lose sleep over, even if it gets to zero, its just a small gamble...

Tjo! 90c now! WTF? Hahaha, Serves me right for being greedy, there goes my single malt money...

[HDB]

to me this whole abil fiasco is unfair!!  This share should have been suspended yesterday on a drop of 10%....let things cool off and get proper rescue guys in to see if this thing can be salvaged!! Current management is total incompetent...2 right offers and still no light at the end of tunnel!!  Come on JSE...where is your regulations...enforce them....

 

This share is a gamble between going bust and surviving with additional funding!!!

Edited by HDB, 07 August 2014 - 12:33 PM.

[zoner]

Me!

See my crazy eyes kicking in... 

[soutie]

question is if they stop trading due to going insolvent or price goes to zero....is your short worth anything??

Got to remember your'e betting against the MM not the market. Only time UN-regulation works in your favour.

[Magnet]

Who has balls to go long R1.00?

[zoner]

Seems to be a bit of resistance around 100c

I may just buy it @ 95c and sell it @ 120-130

[seesider]

http://www.moneyweb....strand-for-abil

Just for laughs

[HDB]

ellerines is worth 0 ...so if they sell it, they get nothing...Someone will be doing them a favour taking it away...exactly like ok bazaars...Checkers paid R1.00 for that!!

[Magnet]

Lol bought at 2.55 and sold at 3.00 yesterday... No way I am buying ABL today even at 50c