Jump to content


Photo
* * * * - 4 votes

ABIL

Started by soutie , Oct 25 2013 05:21 PM

  • Please log in to reply
501 replies to this topic

#401 delta66

delta66

    "Veni, vidi, vici"

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,918 posts
  • Location37.2350° N, 115.8111° W

Posted 06 August 2014 - 11:20 AM

yes!..i'm long @245


  • 0

“melior diabolus quem scies”

#402 Magnet

Magnet

    Advanced Member

  • Members
  • PipPipPip
  • 309 posts

Posted 06 August 2014 - 11:13 AM

Got in at 2.58 reckon it is a slight over reaction<br /><br />Sent from my GT-I9500 using Sharenet Sharechat mobile app<br /><br />
  • 0

#403 soutie

soutie

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,787 posts

Posted 06 August 2014 - 10:53 AM

Now the excitement has dipped...anyone buying...?


  • 0

Anyone need a heads up...!

#404 stoffels

stoffels

    Newbie

  • Members
  • Pip
  • 39 posts

Posted 06 August 2014 - 10:45 AM

Contribution of the position to performance (because of size) will be marginal. 

30 June 2014 AUM - R576 billion. 4billion position = 69bp. Loose 50% = 35bp loss. Market movements of other positions swallow that up.     


  • 0

#405 stoffels

stoffels

    Newbie

  • Members
  • Pip
  • 39 posts

Posted 06 August 2014 - 10:42 AM

AUM has nothing to do with performance.... You can have a 10 trillion AUM but perform real bad.

Contribution of the position to performance (because of size) will be marginal. 


  • 0

#406 soutie

soutie

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,787 posts

Posted 06 August 2014 - 10:34 AM

Agreed Stoffels still it's minimum couple billion rand.

 

Been said on this forum many times....Never Never add to losing position..


  • 1

Anyone need a heads up...!

#407 AJS

AJS

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,971 posts
  • LocationJohannesburg

Posted 06 August 2014 - 10:30 AM

Drop in the oceans compared to their AUM. Will hardly notice it in there performance. 

 

AUM has nothing to do with performance.... You can have a 10 trillion AUM but perform real bad.


  • 0
"Trade what you see, not what you think"

#408 stoffels

stoffels

    Newbie

  • Members
  • Pip
  • 39 posts

Posted 06 August 2014 - 10:29 AM

Probably along the lines of F^ck got that wrong.....How much..... :unsure:

Kiss that raging bull award goodbye.

I stand to be corrected but they have about 15-20% each PIC &CML that is.

Drop in the oceans compared to their AUM. Will hardly notice it in there performance. 


  • 0

#409 soutie

soutie

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,787 posts

Posted 06 August 2014 - 10:23 AM

What are the gurus at CML thinking?

Probably along the lines of F^ck got that wrong.....How much..... :unsure:

Kiss that raging bull award goodbye.

I stand to be corrected but they have about 15-20% each PIC &CML that is.


  • 0

Anyone need a heads up...!

#410 AJS

AJS

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,971 posts
  • LocationJohannesburg

Posted 06 August 2014 - 10:21 AM

how much exposure to ABL does CML have?

 

303 million shares or 20.19% (as of yesterday). PIC owns 15.15%


  • 0
"Trade what you see, not what you think"

#411 sequoia

sequoia

    Member

  • Members
  • PipPip
  • 104 posts

Posted 06 August 2014 - 10:16 AM

how much exposure to ABL does CML have?


  • 0

Markets can remain irrational longer than you can remain solvent – John Maynard Keynes

#412 HendrikB

HendrikB

    Advanced Member

  • Senior Member
  • PipPipPip
  • 427 posts
  • LocationSouth East Asia

Posted 06 August 2014 - 10:09 AM

What are the gurus at CML thinking?
  • 0

#413 Queen B

Queen B

    Little Master

  • Members
  • PipPipPipPip
  • 545 posts
  • LocationDurban

Posted 06 August 2014 - 09:59 AM

I see that trading is suspended. Haven't seen that before.

What is the process with this?


  • 0

#414 HendrikB

HendrikB

    Advanced Member

  • Senior Member
  • PipPipPip
  • 427 posts
  • LocationSouth East Asia

Posted 06 August 2014 - 09:51 AM

There could be some buy out on the cards but the African Bank we know is finished.
  • 0

#415 soutie

soutie

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,787 posts

Posted 06 August 2014 - 09:42 AM

They did with banks in the Euro zone the other year so it's not as if it's gone, just who is gonna bail them out.

Yeah... only PIC & CML come to mind as they're BEEEG hitters in this counter

Last I recall Sanlam had about 6% also 

But if you burn through 5billion in 6mths not too many takers around me thinks.

 

Maybe it's Leon Kirkis throwing his toys out of the cot after being fired....


  • 0

Anyone need a heads up...!

#416 Rolycpt

Rolycpt

    Member

  • Members
  • PipPip
  • 124 posts
  • LocationCape Town

Posted 06 August 2014 - 09:35 AM

and CPI remains bullet proof..up this morning :rolleyes: :blink:


  • 0

#417 delta66

delta66

    "Veni, vidi, vici"

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,918 posts
  • Location37.2350° N, 115.8111° W

Posted 06 August 2014 - 09:34 AM

anyone buying..half price! :lol:

 

 


  • 0

“melior diabolus quem scies”

#418 HDB

HDB

    The Oracle

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 5,229 posts
  • LocationBy the sea

Posted 06 August 2014 - 09:31 AM

Looks like they've suspended trading  :unsure:

good as gone!!  CML in big trouble Orca...hehe


  • 0

HDB

The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!

#419 soutie

soutie

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,787 posts

Posted 06 August 2014 - 09:30 AM

Looks like they've suspended trading  :unsure:


  • 0

Anyone need a heads up...!

#420 soutie

soutie

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,787 posts

Posted 06 August 2014 - 09:29 AM

Surely must be touching it's NAV down here...?


  • 0

Anyone need a heads up...!

Back to ShareChat



Sponsored by Sharenet and VPSNine Linux VPS Hosting
  1. ShareChat
  2. → ShareChat
  3. → ShareChat
  4. Privacy Policy