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FinBond One for medium term I wonder

FGL

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#1 Goliath

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Posted 05 July 2022 - 09:20 PM

It's a nice gamble play, bought some at 60c and looking at their financials thought it worth a small gamble, might dip in a bit more when below 40c again
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#2 Billions

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Posted 05 July 2022 - 06:45 PM

Patiently awaiting that mexico deal that they canceled 2 years ago and now are back in discussions on.. Hoping for a pump if that comes through... if i recal they have cash on hand for this.. not a very liquid share...
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#3 andi222

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Posted 01 July 2022 - 10:46 AM

Anyone monitoring this?

Given the current market price I believe this is a good entry point.

Do you guys have some insights?

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#4 SoleTrader

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Posted 27 February 2017 - 02:13 PM

@DividendTycoon - best of luck with that charlatan! Van Rooyen is classic high risk, high potential reward.  He is not my cuppa tea, but clearly he has got some fans out there! 


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#5 DividendTycoon

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Posted 27 February 2017 - 09:29 AM

And unlike Trustcos Dr Q, Dr Willie van Aardt of Finbond has got a genuine, real, regte PhD.

Well Doctors are known to be poor businessman and investors, so I would probably prefer a fake one  ;)

 

And as long as the Doctor keeps making me rich he can keep his practice.


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#6 SoleTrader

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Posted 26 February 2017 - 07:00 PM

And unlike Trustcos Dr Q, Dr Willie van Aardt of Finbond has got a genuine, real, regte PhD.
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#7 SoleTrader

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Posted 26 February 2017 - 06:57 PM

I see that Finbond got a $10m loan from major shareholder NET1. And then they issued a cautionary. Can we expect further expansion in the USA? Technically looking like a bottom is in place. This business is highly cash generative (unlike Dokters' Trustco that is slowly moving into a little cash crunch)
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#8 Shi

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Posted 20 June 2015 - 10:54 PM

Finbond credit life premiums ‘excessive’, says NCR

 

http://www.iol.co.za...23#.VYXRPP4w-M8


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#9 RojoVert

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Posted 08 January 2015 - 01:42 PM

Anybody know what happened with the drop in price today? I literally got an alert that the price plummeted from 323 to 281 and within a matter of minutes recovered?


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#10 Bushwakka

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Posted 19 December 2014 - 07:27 AM

26 million shares traded in two deals just after 4 pm yesterday - anyone have info?


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#11 Sugafoot

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Posted 10 November 2014 - 08:26 AM

If I'm not mistaken, it's trading at a 52week low. And some 27% off it's all time high.
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#12 JLFB

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Posted 18 September 2014 - 12:48 PM

Good results, wondering if it was already priced in?


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#13 Manjana

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Posted 16 September 2014 - 01:20 PM

Took a punt on FGL after good trading update


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#14 Sugafoot

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Posted 06 September 2014 - 09:33 AM

I'd like to take stab at Finbond.<br />I had at 148c but I was extremely new to trading and my lack of patience got the better of me.<br />At 265, it's rather attractive.<br />Just worried that Capitec and FNB pose it's biggest competition
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#15 Jonny

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Posted 03 September 2014 - 03:25 PM

Finbond really taking a beating last couple of days. R3 to R2.40 low today (sofar).

 

Wonder if this is a opportunity to accumulate more shares?

 

Any thoughts?

Depends on your view. There seems to be some worries after the whole ABIL thing.


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My posts are my opinion and shouldn't be seen as investment advise from me or the view of the organisation I work for.

Do your own research before engaging in trades/investments  :)


#16 JR7800

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Posted 03 September 2014 - 09:55 AM

Finbond really taking a beating last couple of days. R3 to R2.40 low today (sofar).

 

Wonder if this is a opportunity to accumulate more shares?

 

Any thoughts?


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#17 SoleTrader

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Posted 04 June 2014 - 04:47 PM

I am long this one from 40c.  The share is either cheap or expensive, really don't know how to value this.

 

On a P/CF basis the share is 25% undervalued to Capitec.  On a traditional PB ROE relationship its very expensive, although arguably the latter isn't relevant for a growth counter. I have reduced my holding over the past couple of weeks as the relative momentum wanes, reallocating the cash to Trustco (TTO) and Transaction Capital (TCP)


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#18 Magnet

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Posted 04 June 2014 - 04:26 PM

4,995,000 shares sold/bought now?

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#19 RojoVert

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Posted 20 May 2014 - 05:19 PM

Yeah, definitly have not thrown all the eggs into FGL. Buying into quite a few speculative shares for the medium to long term. My belief is that they will bring good returns over the next 12-18 months.

 

looking at some of the other "traders" have a very similar portfolio. HBD what are you buying into?


Edited by RojoVert, 20 May 2014 - 05:21 PM.

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#20 HDB

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Posted 16 May 2014 - 02:53 PM

Bought FGL when they sat at 205. To date making a reasonably good profit and am continuing to add to the portfolio. Once I reach my target my strategy is to hold for a period of 12 - 24 months.  I have considered the strategy from the Last SENS alert and really really like what they want to do..

 

Anyone taking this approach or is it just good for a short to make quick profits?

High risk high return!!

 

Only don't put all your eggs in one basket!!

 

Unsecured lending business not a healthy spot to be in!!


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HDB

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