241 replies to this topic

[Leadingedge]

Eish, just fallen to 61c...wish I hadn't just purchased a chunk at 71c this morning.

[Investment novice]

Thanks DT

[Investment novice]

Thank DT

[DividendTycoon]

Andi , this dog share has been a surprise. But many got in at 30c odd i think and looked away. I need to check the portfolio. This was one share Polly also bought into for the risk, but very unpredictable. Thought this one was a complete loss until botswana trading privided hope.

Another example....where you evaluate buy and look away....and wait out with patience the recovery.....


Andi whats your nav evaluation here..

Personally I sold 60% of my holding at prices between R1 and R2 on Tuesday when there was a weird spike. As to the other 40% I plan to keep half long term and will exit the other half above 80c should I need the funds, although may wait a while as the AGM is coming up and CEO may want to consolidate his control and need to buy quite a few. 80c seems cheap if they are successful in implementing strategy, but fair if they struggle.

[Investment novice]

Andi , this dog share has been a surprise. But many got in at 30c odd i think and looked away. I need to check the portfolio. This was one share Polly also bought into for the risk, but very unpredictable. Thought this one was a complete loss until botswana trading privided hope.

Another example....where you evaluate buy and look away....and wait out with patience the recovery.....


Andi whats your nav evaluation here..

[andi222]

I got out at around R1.5. Will start getting some between 60 amd 80 cents.

Management has bought tons at around 90 cents and today 4.4 Million shares where traded at average of 1.2 rands

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[Leadingedge]

Well done to those who managed to get something out here...I'm sure many of you were in this for the long haul (unwillingly). Looks like the dump has begun, wonder where it will level out eventually.

[J3TM4N]

Haha awesomeness...ka-ching time!

No jokes... Nice one.

[Lionelza1]

Finally!! Bought a few more at 64c. Might go .lower initially, but directors in Botswana were buying milions at 60thebe, which is close to 90c..

Haha awesomeness...ka-ching time!

[Leadingedge]

Must have been a way of bringing the share price in check with Botswana...price is now in the region of where the directors were buying at.

[Leadingedge]

Not sure what to make of the numbers today, someone is trying to offload over 1 million shares at R1.20. Interesting times ahead i hope. Looks like one will have to pay a little extra to get decent volumes.

 

Just an observation from my side, no insight here.

[DividendTycoon]

Finally!! Bought a few more at 64c. Might go .lower initially, but directors in Botswana were buying milions at 60thebe, which is close to 90c..

[Lionelza1]

Finally.... Lucky Friday the 13th?

[Shi]

https://www.sharenet...0&seq=28&scode=

 

Choppies are pleased to announce that, following extensive engagement with the JSE Limited
(“JSE”), the JSE has agreed to lift the suspension of the Company’s shares and to
recommence trading on the JSE from today, 13 November 2020.

[Lionelza1]

Directors are buying shares, any news on why this share is still suspended?

[Lionelza1]

Yes, about 90c in SA currency, but very little volume traded and I cannot see the spread. Think in SA it would be much more active.

Yea I agree will see more volumes when SA opens...

[DividendTycoon]

But from what I can tell on the Botswana stock exchange.... Trade is horizontal?

60p?

Yes, about 90c in SA currency, but very little volume traded and I cannot see the spread. Think in SA it would be much more active.

[Lionelza1]

But from what I can tell on the Botswana stock exchange.... Trade is horizontal?

60p?

Edited by Lionelza1, 25 August 2020 - 02:08 PM.

[Lionelza1]

Quite annoying that nothing said by JSE. My understanding is that they (JSE) have some iissues that clearly not yet resolved, but surely an announcement should be made. The share has been trading for almost a month in Botswana.

Yea I wudve expected choppies to let the market know why trade is still suspended, judging by the amount of corruption that went on within the company, perhaps that's still their culture... Who knows... Wait and see game now

[DividendTycoon]

Yea... Interesting how market will play this when it eventually opens for trade,

Alot has happened since suspension

Quite annoying that nothing said by JSE. My understanding is that they (JSE) have some iissues that clearly not yet resolved, but surely an announcement should be made. The share has been trading for almost a month in Botswana.