Jump to content


Photo
- - - - -

Pollys Help Desk


  • Please log in to reply
779 replies to this topic

#21 Midas1

Midas1

    Advanced Member

  • Members
  • PipPipPip
  • 327 posts

Posted 22 February 2019 - 02:03 PM

L. this quick  rich scahemes with buying into small caps does not work....If you bought top 40 shares like Midas is doing , you will make money..albeit smaller but at least consistent profits... Small caps not a sector to be in especially south africa...

 

PPC , acl etc are mid caps and may be worth a punt but long term...wont see money immediately..

Thank you P....cough cough...I have been listening very carefully for long time, particularly to those with logical view on each share , doing lots share research and practising, in last months seems to sticking to my plan working..just started cfds too but very strict re no more than 2% loss of capital per trade...little step by step and try keep the bank balance..hope you in the $ again


  • 0

#22 Lionelza1

Lionelza1

    Master

  • Members
  • PipPipPipPipPip
  • 1,062 posts

Posted 22 February 2019 - 01:52 PM

Hi L...i dumped mine after that sens @ 5.30..

 

dont want another in house squabble brewing...

ya neh.....and there's also no mention of who the replacement is.....i havent bought into this just watching and trying to learn


  • 0

#23 Polly

Polly

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,472 posts

Posted 22 February 2019 - 01:42 PM

http://www.sharenet....eq=25&scode=BLU Hi P....a up run on blu?

Hi L...i dumped mine after that sens @ 5.30..

 

dont want another in house squabble brewing...


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#24 Lionelza1

Lionelza1

    Master

  • Members
  • PipPipPipPipPip
  • 1,062 posts

Posted 22 February 2019 - 01:34 PM

http://www.sharenet....eq=25&scode=BLU Hi P....a up run on blu?

market seems to be liking it


  • 0

#25 Lionelza1

Lionelza1

    Master

  • Members
  • PipPipPipPipPip
  • 1,062 posts

Posted 22 February 2019 - 01:21 PM

http://www.sharenet....eq=25&scode=BLU Hi P....a up run on blu?
  • 0

#26 Lionelza1

Lionelza1

    Master

  • Members
  • PipPipPipPipPip
  • 1,062 posts

Posted 21 February 2019 - 12:53 PM

L. this quick  rich scahemes with buying into small caps does not work....If you bought top 40 shares like Midas is doing , you will make money..albeit smaller but at least consistent profits... Small caps not a sector to be in especially south africa...

 

PPC , acl etc are mid caps and may be worth a punt but long term...wont see money immediately..

yup thnks P......ive learnt some of that in the time ive been doing this 


  • 0

#27 Milo

Milo

    Newbie

  • Members
  • Pip
  • 32 posts

Posted 21 February 2019 - 12:50 PM

all the best brother...thats all i can say.....can go up or can go down....pure gamble...rather i invest in aeg where i know my limit is 0 from 4 c....

 

AMCU is threatening to strike at platinum mines like Lonmin and Sibanye etc… next week so I think I will stay away from shares like Sibanye … for a while. Will look at Aeg.


  • 0

#28 Polly

Polly

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,472 posts

Posted 21 February 2019 - 12:45 PM

i bought aveng and ppc in anticipation of govenrment pumping monies into this sector, its generally what they do to turn a weak economy around. what i did not take into account is that with all the corruption that went on within SOE's, governemnt does not have monies to pump into construction as they doing now, using the monies in "saving" SOE's. going to be a while then

L. this quick  rich scahemes with buying into small caps does not work....If you bought top 40 shares like Midas is doing , you will make money..albeit smaller but at least consistent profits... Small caps not a sector to be in especially south africa...

 

PPC , acl etc are mid caps and may be worth a punt but long term...wont see money immediately..


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#29 Lionelza1

Lionelza1

    Master

  • Members
  • PipPipPipPipPip
  • 1,062 posts

Posted 21 February 2019 - 12:39 PM

aveng is a dog...you buy and put away and  write it off to zero...come back in 5 years and check...either bust or R1.00

 

problem is this years loss gona effect cash flow....If tjey dont start making profits , those losses have to be financed from somewhere..Hopefully they get bought off..

 

Worst case scanario is  bust or have a share consolidation eg 100:1

 

in that case you bought at say 5c...should be worth R5.00  but then may drop to R2.00 once consolidated going foward...could also drop back to 1c after consolidation...lol...so big risk

i bought aveng and ppc in anticipation of govenrment pumping monies into this sector, its generally what they do to turn a weak economy around. what i did not take into account is that with all the corruption that went on within SOE's, governemnt does not have monies to pump into construction as they doing now, using the monies in "saving" SOE's. going to be a while then


  • 0

#30 Polly

Polly

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,472 posts

Posted 21 February 2019 - 12:35 PM

Ha Ha yes I don't really know what is going to happen. Will know next week. I have a good feeling about it anyway. A gut feeling ha ha. 

all the best brother...thats all i can say.....can go up or can go down....pure gamble...rather i invest in aeg where i know my limit is 0 from 4 c....


Edited by Polly, 21 February 2019 - 12:36 PM.

  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#31 Milo

Milo

    Newbie

  • Members
  • Pip
  • 32 posts

Posted 21 February 2019 - 12:26 PM

disagree there...think odds against you big time...

 

Ha Ha yes I don't really know what is going to happen. Will know next week. I have a good feeling about it anyway. A gut feeling ha ha. 


  • 0

#32 Polly

Polly

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,472 posts

Posted 21 February 2019 - 12:18 PM

 

Well it is still low. Not too late for a little gamble with good odds. :)

 

disagree there...think odds against you big time...


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#33 Milo

Milo

    Newbie

  • Members
  • Pip
  • 32 posts

Posted 21 February 2019 - 12:17 PM

well done then...u got in late which was good!! so r/r good for u...

 

 

Well it is still low. Not too late for a little gamble with good odds. :) 


  • 0

#34 Polly

Polly

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,472 posts

Posted 21 February 2019 - 12:17 PM

ok in aveng my avg is 7c, it dropped all they way to 1c and that scared me so i did not buy. it then went to 6c and i thought ok missed the bus. at 4c i wanted to buy more but then i thought wait, because now its dropping again. after about 2+mnths it now dropped to 2c

 

that is what im still confused about...what is low, and what is high? what is cheap and what is expensive? how do you determine that?

aveng is a dog...you buy and put away and  write it off to zero...come back in 5 years and check...either bust or R1.00

 

problem is this years loss gona effect cash flow....If tjey dont start making profits , those losses have to be financed from somewhere..Hopefully they get bought off..

 

Worst case scanario is  bust or have a share consolidation eg 100:1

 

in that case you bought at say 5c...should be worth R5.00  but then may drop to R2.00 once consolidated going foward...could also drop back to 1c after consolidation...lol...so big risk


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#35 Lionelza1

Lionelza1

    Master

  • Members
  • PipPipPipPipPip
  • 1,062 posts

Posted 21 February 2019 - 12:14 PM

if i look at EOH, its pumping, but the volumes are low......do you consider the current price of EOH to be cheap or expensive, low or high?.....or is it just luck of the draw?....or does all of this come with years of experience? but then even with years of experience sadly Polly and some seemed to have gotten it wrong, and i am not dissing anybody, just trying to make sense


  • 0

#36 Lionelza1

Lionelza1

    Master

  • Members
  • PipPipPipPipPip
  • 1,062 posts

Posted 21 February 2019 - 12:06 PM

I bought low so I am already in a profit I was lucky I guess.

 

ok in aveng my avg is 7c, it dropped all they way to 1c and that scared me so i did not buy. it then went to 6c and i thought ok missed the bus. at 4c i wanted to buy more but then i thought wait, because now its dropping again. after about 2+mnths it now dropped to 2c

 

that is what im still confused about...what is low, and what is high? what is cheap and what is expensive? how do you determine that?


  • 0

#37 Polly

Polly

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,472 posts

Posted 21 February 2019 - 11:54 AM

I bought low so I am already in a profit I was lucky I guess.

well done then...u got in late which was good!! so r/r good for u...


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#38 Milo

Milo

    Newbie

  • Members
  • Pip
  • 32 posts

Posted 21 February 2019 - 11:53 AM

Whats ur average cost Milo

 

I bought low so I am already in a profit I was lucky I guess.


  • 0

#39 Polly

Polly

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,472 posts

Posted 21 February 2019 - 11:47 AM

 

Yes I am all in. my stop loss is R0 and limit anything above R5. I know it is maybe not the right thing to do but if you don’t take a risk you not going to make any big money.  If you put a stop loss it just gets taken out anyway or you take a little bit profit and miss out on a good run. So that is way I give Steinhoff time to sort out all the negative news and maybe there is a surprise for all of us later who bought shares at a low price.

 

Whats ur average cost Milo


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#40 Milo

Milo

    Newbie

  • Members
  • Pip
  • 32 posts

Posted 21 February 2019 - 11:46 AM

Last possible little jump next week. Think the afs will be horrible. Possibility of it going under R1 or to R4. Massive gamble.



Sent from my SM-G935F using Sharenet Sharechat mobile app

 

 

Yes I am all in. my stop loss is R0 and limit anything above R5. I know it is maybe not the right thing to do but if you don’t take a risk you not going to make any big money.  If you put a stop loss it just gets taken out anyway or you take a little bit profit and miss out on a good run. So that is way I give Steinhoff time to sort out all the negative news and maybe there is a surprise for all of us later who bought shares at a low price.


  • 0





Sponsored by Sharenet and VPSNine Linux VPS Hosting