709 replies to this topic

[Polly]

Midas you in luck,,,,newco listing delayed....My luck too as i made 300p on alsi as bears read it wrong...lol

[Argento]

Naspers, New York, NPSNY

 

The [A]-[B] leg is not impulsive. The correction is of Cycle degree. The typical target is the 4th wave ending of one order less = Primary wave [4]. This target is also indicated by the equal legs abc projection.

 

https://wavecount.bl...york-npsny.html

 

 

 

peritissimus

nullamque causam

 

 

Think you have it totally wrong here, very bullish pattern in the works on Naspers, should see a higher low downleg again in August but building to something really a big breakout coming end of the year!!

 

A

[Snippit]

Naspers, New York, NPSNY

 

The [A]-[B] leg is not impulsive. The correction is of Cycle degree. The typical target is the 4th wave ending of one order less = Primary wave [4]. This target is also indicated by the equal legs abc projection.

 

https://wavecount.bl...york-npsny.html

 

 

 

peritissimus

nullamque causam

 

 

[Midas1]

Will do thanks P...unlike you to be sensitive re arb comments...everyone's opinion allowed in our democracy I hope...so keep chirping.when you havetime.....i for 1 think you very knowledgeable ...a little harsh if you disagree maybe 😁 but heyho we adults here..well most us 😂

[Polly]

check thsi link

 

https://www.sharenet...seq=6&scode=NPN

 

look at tax consequences...especially the capital gains tax on cap shares....All depends on which option you choose..

 

ask you broker for proper advise..If he cant speak to NPN secretaries for more tax info...all to complicated for me to explain here as ill be thrashed for giving tax advise here again.....

 

 

If all that fails contact  some new young blood on the forum for advise ...If that fails message me 

[Polly]

Hi P, why do you say that? Surely this no different to other dual listed? Thanks...obviously all profit is taxable on any shares /cfds..

check thsi link

 

https://www.sharenet...seq=6&scode=NPN

 

look at tax consequences...especially the capital gains tax on cap shares....All depends on which option you choose..

 

ask you broker for proper advise..If he cant speak to NPN secretaries for more tax info...all to complicated for me to explain here as ill be thrashed for giving tax advise here again.....

[Midas1]

Hi P, why do you say that? Surely this no different to other dual listed? Thanks...obviously all profit is taxable on any shares /cfds..

[Argento]

Hey A, when do you estimate this pullback will commence? It seems to have started bullish today.

 

R

Hi Rex,

 

NPN already red again, so my take already started, seasonals down into mid next week for a good buy before newco!

 

We started running way before TC so not at par atm!

 

A

[Polly]

Thanks.  Am also looking for a good Opportunity to get some before NewCo

before you do, get some proper tax advise because this has some serious tax implications!!!

[nosh]

Ye, just my views and I also get it wrong, but seasonals still the best guide! Due to futures roll over next week the funds like to push her down hard into around the 27th June so could be your potential low for your buy, mid July markets would have already rallied back up due to earnings season.

 

A

Thanks.  Am also looking for a good Opportunity to get some before NewCo

[Rex]

REX with all due respect , Argento and myself had a good chuckle about that....

 

KEY is you trade npn purely on whats happening in alsi...IF alsi hits resistance expect npn to go down first  irrespective of what tc and techinals on npn shows..if alsi goes down , bears use npn to do that....Simple

 

IF later today alsi breaks resistance , watch npn shoot the lights out!!

 

Glad I could bring some chuckle into your live   

Do you guys have any NPN shares at the moment?

[Rex]

Cool P, thanks for the advice

[Polly]

another very important factor to consider in NPN..

 

due to iys high market cap , any price surge takes it market cap higher..Lots of funds invested in here have a mandate that any one share muts make up max a certain % age of its portfolio...once prices surges that cap normally gets exceeded...so they forces to sell irrespective of tc going up...

 

read on Monday PIC their biggest shareholder will be lightening its holding...  MR M always a step ahead of us...Thats why u have to be on the ball with info when trading...

 

only experience in the market gets you this info..

 

young new blood as someone suggested to run this forum???  Will they know thsi info?

 

Pity some much to tell your guys but eish rather keep quiet!!

[Polly]

another very important factor to consider in NPN..

 

due to iys high market cap , any price surge takes it market cap higher..Lots of funds invested in here have a mandate that any one share muts make up max a certain % age of its portfolio...once prices surges that cap normally gets exceeded...so they forces to sell irrespective of tc going up...

 

read on Monday PIC their biggest shareholder will be lightening its holding...  MR M always a step ahead of us...Thats why u have to be on the ball with info when trading...

[Polly]

The technical analysis on investing.com says it will be be bullish this whole week though. Although it's not always accurate, it could also be used as a guide.

REX with all due respect , Argento and myself had a good chuckle about that....

 

KEY is you trade npn purely on whats happening in alsi...IF alsi hits resistance expect npn to go down first  irrespective of what tc and techinals on npn shows..if alsi goes down , bears use npn to do that....Simple

 

IF later today alsi breaks resistance , watch npn shoot the lights out!!

[Polly]

Hey A, when do you estimate this pullback will commence? It seems to have started bullish today.

 

R

and going RED!!!

[Midas1]

Hi A can answer you but tencent up so guess thats why bullish and us futures look green...but just my opinion would like here A s opinion

[Rex]

Doubt 8% M, but reasonable pullback.

 

A

 

Hey A, when do you estimate this pullback will commence? It seems to have started bullish today.

 

R

[Argento]

Hi A, just hope drops about 8 percent plus before newco...but think thats a stretch...really want buy about 100 shares before newco...could go more but trying balance my risks these days..do you reckon all alsi shares including retailers banks etc will go down...hope not...am hoping fed annouces at least interest stand still and sa shares generally go up..

Doubt 8% M, but reasonable pullback.

 

A

[Midas1]

Hi A, just hope drops about 8 percent plus before newco...but think thats a stretch...really want buy about 100 shares before newco...could go more but trying balance my risks these days..do you reckon all alsi shares including retailers banks etc will go down...hope not...am hoping fed annouces at least interest stand still and sa shares generally go up..