86 replies to this topic

[Fuxx]

Good sign but this is petty cash for these guys...

 

Am sure there will be a short term bounce back but long term... not the best asset class perhaps with increasing interest rates...

[Hooligan]

Listed property in for a difficult time:

http://www.moneyweb....y-sector-cools/

 

ROC has dropped 25% in less than 3 months... insane, with some more pain to come possibly.

Perhaps this will sooth your pain a little.

http://www.sharenet....17141500&seq=35

[Fuxx]

Listed property in for a difficult time:

http://www.moneyweb....y-sector-cools/

 

ROC has dropped 25% in less than 3 months... insane, with some more pain to come possibly.

[Hooligan]

Took some profit on ROC (which is a highly geared vehicle).

NEPI still  great long term hold.

I did the same at around R35 - just some risk management, I don't like a single counter to be worth more than 20% of my LTP.

In retrospect it was good timing. 

[Fuxx]

Took some profit on ROC (which is a highly geared vehicle).

NEPI still  great long term hold.

[Sugafoot]

Market is correcting???

Both been dropping radically in the past week, any ideas?

[donaldb]

Both been dropping radically in the past week, any ideas?

 

[Fuxx]

Yeah crazy drop! Down over 7% initially!

[Queen B]

Whats up with Rockcastle today

Dropped below R29

[Fuxx]

flexbender - I think we just got that pullback you mentioned! Painful day today!

That was good advice...thanks!

[flexbender]

Fuxx you have repeatedly asked this question and I have humoured you by replying "have you read the financials", my stock has grown by leaps and bounds and continues to grow - for me the question is academic as I have fully invested my capital as well all I could further lay hands on and state categorically "I HAVE NEVER SOLD A SINGLE SHARE OF NEPI OR ROCKCASTLE AND HAVE BOUGHT MORE AT EVERY OPPORTUNITY" - so there, I shall not answer that question again - the facts speak for themselves.

 

 

haha.

 

Fuxx, I don't mind giving my opinion. After all, this is a 'discussion FORUM' where we share opinions. It's not a wealth advisory service where one can be held accountable for bad advice. Sharing views are what forums are for. Don't be a **** merlin.

 

Anyway,

I think both are getting close to being overvalued at the moment, especially if you're a short term investor looking for a quick buck in the next year or two.

However, they are great investments if you have a long term outlook (like Merlin has) because in my opinion these 2 are excellent vehicles if you want to get investment into the property sector AND have currency exposure against the Rand in your investment portfolio.

 

If you intend to hold for a long time, then invest your money and don't sit on cash that isn't working for you.

If you're looking for a shorter turnaround, I'd wait for a pull back. OR, look for something else that isn't so overvalued.

 

Good luck to you.

[M e r l i n]

Fuxx you have repeatedly asked this question and I have humoured you by replying "have you read the financials", my stock has grown by leaps and bounds and continues to grow - for me the question is academic as I have fully invested my capital as well all I could further lay hands on and state categorically "I HAVE NEVER SOLD A SINGLE SHARE OF NEPI OR ROCKCASTLE AND HAVE BOUGHT MORE AT EVERY OPPORTUNITY" - so there, I shall not answer that question again - the facts speak for themselves.

 

 

Merlin, would you/ are you still buying NEP/ ROC at these levels? They are obviously expensive, but doesn't really mean that much necessarily...

[Fuxx]

Merlin, would you/ are you still buying NEP/ ROC at these levels? They are obviously expensive, but doesn't really mean that much necessarily...

[M e r l i n]

151.50 (4.48%) today, it is more like NEPI following Rockcastle which has had a hell of a run of 72% in 10 months, whilst NEPI did 57%

 

Up up and away Merlin .

 

Am sure Roc will follow suit...

[Fuxx]

Up up and away Merlin .

 

Am sure Roc will follow suit...

[M e r l i n]

And another 2.26% today closing @ 145.00 

 

Nepi quarterly results announced on SENS associated with a 1.28% rise to 141.80

 

 

 

 

 

nepi-results-q1-2015-en.pdf

[M e r l i n]

Nepi quarterly results announced on SENS associated with a 1.28% rise to 141.80

 

 

 

 

 

 nepi-results-q1-2015-en.pdf   89.71KB   19 downloads

[M e r l i n]

Well if you are happy with the financials why sell

 

Yes - was happy with them.. Not sure if I would buy in now, but validated not selling out.

[Fuxx]

Yes - was happy with them.. Not sure if I would buy in now, but validated not selling out.

[M e r l i n]

Fuxx Have you read their quarterly financials ?

 

Merlin, you are still seeing value, right? Sufficient value at least to hold?