183 replies to this topic

[SoleTrader]

Damn I am kicking myself for investing in this rubbish. Sold all at 300c

[MrDividend]

Sold some time ago when they started with that very odd deal buying that mine from Van Rooyen

[SoleTrader]

Google Raymond Heathcote, one of the Trustco directors - charming.  This investment is a turning into a load of rubbish, smoke and mirrors.  I am selling      Namib Times - I'M NOT A FUGITIVE FROM JUSTICE ...

https://www.facebook...10108339036326/

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I'M NOT A FUGITIVE FROM JUSTICE – HEATHCOTE Following a report in the ... for Heathcote's arrest”, it has emerged that Advocate Raymond Heathcote had  ...

 

 

 

 

[SoleTrader]

This is opportunistic, What does van Rooyen know about medicine. 

 

 

 

https://wikileaks.or...VILLE393_a.html

 

8. (U) Jean Daniel Ovaga, the director of a private clinic Securex, met with Quinton Van Rooyen of Namibia Medical Investment to sign an agreement in which Namibia will supply Congo both equipment and medical assistance in the threatment of asthma and rheumatism. The Namibian company will provide Secure with Immunox to support the body's resistance to infection and promote a healthy immune system.

 

 

[SoleTrader]

i hope we are not saddled with something sinister here,,,,there are rumours floating around that something is wrong here.

 

The Financial director sold his shares last week, the company secretary was re-appointed and then fired a few weeks later

 

I am selling.my shares

Edited by SoleTrader, 02 March 2016 - 02:48 PM.

[SoleTrader]

I hope we are bottoming. Management seems confident that they haven't overpaid for the diamond asset. If van Rooyen was really out to screw shareholders, he would have sold for cash iso shares i recon. I still believe that this got the making of a well diversified conglomerate.

So long and praying daily!

[SoleTrader]

I bought some more at 450c. Hopefully they address the mining issue in tomorrow's conference call to investors

[SoleTrader]

@ Sugafoot

 

See the article in the FM by Marc Hassenfus and the company's arrogant/rude response.

 

We have got to assume that van Rooyen and the management of TTO is acting in all our interests, and that the purchasing of the mine will add value

 

Share down to 480c on the article

 

 

 

[Sugafoot]

I remember the complaints about them buying a mine. What has become of it?

[Wolkie]

Great company with excellent management and getting better by the day. Will add some more to my holding on a pullback methinks.

[Bits]

If we can annualize the growth in this trading statement the company will deliver 55-60c for the full year. The stock is worth R8 on my calcs

ST I'm a (very) slow learner, and only wish I'd paid more attention to your calls since I become an accredited lurker on sc. Dipped my LTP toes into this one earlier, v grateful to you, but also cursing my lack of conviction & need to simultaneously diversify into other dogs 

[SoleTrader]

If we can annualize the growth in this trading statement the company will deliver 55-60c for the full year. The stock is worth R8 on my calcs

[Wolkie]

The market is liking the good trading statement.<br /><br />TRUSTCO GROUP HOLDINGS LIMITED<br />Incorporated in the Republic of Namibia<br />(Registration number 2003/058)<br />NSX share code: TUC<br />JSE share code: TTO<br />ISIN Number: NA000A0RF067<br />("the Group")<br />TRADING STATEMENT FOR INTERIM PERIOD ENDED 30 SEPTEMBER 2015<br /><br />Shareholders are advised that the Group is still presently finalising its interim results for the 6 months ended 30 September 2015.<br /><br />The Group expects:<br /> headline earnings per share of between 19.14 cents and 20.68 cents, being between 23.8% and 33.8% higher respectively than the previous comparable period, being the 6 months ended 30 September 2014 (“prior period”) of 15.46 cents; and<br /><br /> earnings per share of between 19.37 cents and 21.21 cents, being between 4.8% and 14.8% higher respectively than the prior period of 18.48 cents<br /><br />Further details will be provided in the interim results for the 6 months ended 30 September 2015, due to be released on or about 4 November 2015.<br /><br />The financial information on which this trading statement is based has not been reviewed or reported on by the Group's auditors.<br /><br />30 October 2015<br />JSE Sponsor<br />Sasfin Capital<br />(a division of Sasfin Bank Limited)<br />NSX Sponsor<br />IJG (Pty) Limited

[SoleTrader]

The results are due on 5 Nov. Hopefully we get a strong trading update at month end.

[Queen B]

Solid run today - up 12.5%

[SoleTrader]

Directors were buying at the 370x level. The operational update was very solid. The diamond profits are guaranteed for three years. I bought more today

[Sugafoot]

Any chartists here?<br />Could it go down to 300? I kind of considered 350 to be a support

[SoleTrader]

Bought some more at 350c today. Share being given away at these levels

[Sugafoot]

I'm hoping to see the share closer to 350. I'd like to top up.

[SoleTrader]

6m shares bid at 360c since 16h00 this afternoon. I hope this is the bottom. Sad how a share in a 5%+ GDP economy is being sold down with the rest of the overvalued south African shares. The business model is blatantly copied from Berkshire Hathaway. A cash cow with excess returns invested in growth assets.

Edited by SoleTrader, 18 August 2015 - 07:21 PM.