1114 replies to this topic

[yusufm]

KEH results out end of next week or so. Should be a trading statement out soon 

Awesome  target 320 short term, 500 - 700 3 year view

[HDB]

Zeder
Santova
Afrimat
Afrocentric
Metrofile
Hulamin
Consolidated Infrastructure Group

The only spoiler has been afrocentric. The SP just doesn't want to get moving despite steady results.

 

Hendrik do you really think all these shares will be 10 baggers in the next 2 to 3 years?     

[HendrikB]

Zeder
Santova
Afrimat
Afrocentric
Metrofile
Hulamin
Consolidated Infrastructure Group

The only spoiler has been afrocentric. The SP just doesn't want to get moving despite steady results.

[yusufm]

POPI should provide huge returns for this one

 

 

ISA

 

Microcap with potential for rapid growth.

 

Illiquid but once institutions take an interest this will change and the price will rocket.

Good earnings growth, seems strong. From what I can tell only a 'Cannon MET Flexible Fund' holds them.

Their NAV is a bit low 23c, rapid growth is possible as you said, but I don't see much upside in the short-term. Will wait for more stimulus before considering a position I think. Perhaps before their next results

[longterm413]

ISA

Microcap with potential for rapid growth.

Illiquid but once institutions take an interest this will change and the price will rocket.

POPI should provide huge returns for this one

[Bullhunter]

ISA

 

Microcap with potential for rapid growth.

 

Illiquid but once institutions take an interest this will change and the price will rocket.

[Goliath]

Any particular reason why RBA is a punt for lots of people (myself included, though its a small gamble and so much a punt)?

 

In short, think most guys betting on this one to be another Calgro as they (seem) to have a turn around strategy but Yusuf right, if they don't pull it off within next 12-24 months with at least making small profit etc it's dead in the water, I'm also in for small punt on this one..

[yusufm]

Any particular reason why RBA is a punt for lots of people (myself included, though its a small gamble and so much a punt)?

Loss per share of 6.6c up from 2012's 2.35c. Share is trading at 9c which is at a premium to NAV which is only at 6.43c (and declining).

Unless they can report a turnaround in their next few periods, they will be insolvent soon at the rate they going (ie another period of LPS of 6.6c will put the NAV into negative territory)

 

Have they got something in the pipeline (or already being implemented) that can turn them around from a loss to a profit? I don't generally follow this share so I am not sure, was just basing my opinion on their financial statements. Maybe you can shed some light?

Edited by yusufm1, 06 June 2014 - 04:09 PM.

[Rosh]

Any particular reason why RBA is a punt for lots of people (myself included, though its a small gamble and so much a punt)?

[yusufm]

My whole strategy around small caps is to grow my capital

ADI (love the acquisition trail and a mate of mine had studied the share at business school)

Afdawn (a punt)

Calgro (stable management and steady results)

Pallinghurst (exposure to platinum field, indirectly)

Pan-Af (cheapest miner and only gold stock I've held for last two years)

Ponyting (the world will never stop fighting, love the acquisition trail. Tried buying it when it was 110c. Sale was rejected. Only entered in Feb)

Purple (punt)

RBA (punt)

Wescoal (found this gem on advise of red hot penny shares. Bought at 66c. Average cost now 139c)

Zeder (not sure, but controlling food source is to have power)

I have the patience (I hope) to hold for a minimum three years
*some of these may not be small caps though

pan-af looks interesting, good earnings growth. I'll be looking into it

POY is slightly overpriced for my taste but the market doesn't seem to care

RBA is definitely a bit of a gamble in the long run unless they can get into a profit. Maybe more suited to short-term trading?

WSL looks great, especially with results coming out soon. I suspect a Trading Statement will be issued soon. I may decide to enter it if my WEA trade goes well.

 

Thanks for the ideas Sugafoot 

Edited by yusufm1, 06 June 2014 - 03:50 PM.

[Sugafoot]

My whole strategy around small caps is to grow my capital

ADI (love the acquisition trail and a mate of mine had studied the share at business school)

Afdawn (a punt)

Calgro (stable management and steady results)

Pallinghurst (exposure to platinum field, indirectly)

Pan-Af (cheapest miner and only gold stock I've held for last two years)

Ponyting (the world will never stop fighting, love the acquisition trail. Tried buying it when it was 110c. Sale was rejected. Only entered in Feb)

Purple (punt)

RBA (punt)

Wescoal (found this gem on advise of red hot penny shares. Bought at 66c. Average cost now 139c)

Zeder (not sure, but controlling food source is to have power)

I have the patience (I hope) to hold for a minimum three years
*some of these may not be small caps though

[yusufm]

I would be interested to know what smallcaps everyone is holding currently (and why)

 

Here are mine:

 

BSS - growing company, construction is in at the moment, trading at a discount to NAV and earnings are steadily increasing.

 

KEH - trading at around a 30% discount to NAV, turnaround from a loss to a profit recently. Also positive cashflow reported. 

 

Furthermore, both BSS and KEH will be announcing results next Friday or so. Hopefully they will move, they have been stagnant recently.

 

 

MZR - increase in earnings and paying a steady dividend annually. Also trading at a slight discount to NAV.

 

VIL - management is not the greatest, but Swanepoel has added to his holdings recently (though marked as 'Indirectly Beneficial'). Trading at a large discount to NAV and EPS has increased in the last 6 month period reported. This is my high risk smallcap by far.

 

WEA - held for short term trading purposes, did however generate a positive EPS in their last reporting period

 

I have looked at SNV (which I will wait for a pullback before considering buying) and ADW (which does not appeal to my selection criteria)

Would appreciate any feedback and would like to see anyone else's portfolios for some ideas as well 

Edited by yusufm1, 06 June 2014 - 02:50 PM.

[Procrastinator]

I am also an owner of a few, bought them 6 months ago with the last results. A company making a relatively high EPS trading at a discount to its NAV. Even if it doesn't move, I'm going to keep holding....

You and me both.

[Staghorn]

Steel business is not the right time to be in now or next few years!!

 

With the construction sector lifting its head, shouldn't that have an impact in the steel business?

 

I also thought that the BSI shares should do much better given their results, the turn in construction sector and their growing African business...but I reckon you can't beat market sentiment?!

[yusufm]

No reaction to BSI trading statement

I hold a large portion of these shares and I am baffled by the unresponsiveness of the market  

I am also an owner of a few, bought them 6 months ago with the last results. A company making a relatively high EPS trading at a discount to its NAV. Even if it doesn't move, I'm going to keep holding....

[HDB]

No reaction to BSI trading statement

I hold a large portion of these shares and I am baffled by the unresponsiveness of the market  

Steel business is not the right time to be in now or next few years!!

[Queen B]

Having said that, trading statement came out late afternoon. So hopefully there will be some action tomorrow

[Queen B]

No reaction to BSI trading statement

I hold a large portion of these shares and I am baffled by the unresponsiveness of the market  

[yusufm]

Further trading statement

BSI Steel Limited
(Incorporated in the Republic of South Africa)
(Registration number 2001/023164/06)
JSE code: BSS
ISIN: ZAE000125134
("the company")

FURTHER TRADING STATEMENT

Shareholders are referred to the trading statement
announcement published on SENS on 26 March 2014 where
they were advised that the company expected earnings per
share and headline earnings per share for the year ended
31 March 2014 to be at least 20% higher than that of the
prior comparative period.

Shareholders are further advised that the company
expects:
-    earnings per share for the year ended 31 March 2014
    to be between 25% and 30% higher than that of the
    prior comparative period of 4.1 cents; and
-    headline earnings per share for the year ended
    31 March 2014 to be between 20% and 25% higher than
    that of the prior comparative period of 4.2 cents

The information in this trading statement has not been
reviewed or reported on by the company`s auditors.

It is expected that the results for the year ended
31 March 2014 will be published on or about 12 June 2014.

Johannesburg
5 June 2014

Designated Advisor
Sasfin Capital

[vlam]

Santova up 11% so far today...  Volume has been elevated the last 5 days...

 

Article on Santova published today: [link]

Edited by vlam-hobbyist, 05 June 2014 - 02:13 PM.