1165 replies to this topic

[Midas1]

Out at 8..dcp

[Midas1]

Think dcp only out today?

[Polly]

today im shorting retailers...surely power cuts going to have some effect on bottom line going foward...also yesterdays retail sales numbers told a sad story...expect a hit of 3 to 4% very soon on them on a nice red day....yesterday they held up cos of rising alsi after numbers out!!

[Midas1]

And you think will go 20? In 3 years? Still fuming re dawn...just hope guy gets cold feet..ellies and dawn my dodgy equities ..but ellies average at 20r so maybe in time

[Polly]

Mcz low today...P you still like this share but long term?

yep...bought with a 3 year view...will add below R8.00

[Midas1]

Mcz low today...P you still like this share but long term?

[Milo]

advise is not per say sgl but in general for gap close....

Yes it makes sense thank you. I am going for it. I am shorting  Sibanye Gold.  I think the load shedding and strikes etc… will help me to make a few bucks.  I hope ha ha

[Polly]

 

 

Don’t want to wait so long. It rallied so much I thought it will go down because it looks like it’s turning from hitting R15.00. Thanks for the advice 

 

advise is not per say sgl but in general for gap close....

[Milo]

gap trade is risky especially if its not todays gap ..will close but could take an hour, a day , a month , 3 months etc....could go to R20.00 and then reverse to R10.00... so not worth the risk imo..

 

Don’t want to wait so long. It rallied so much I thought it will go down because it looks like it’s turning from hitting R15.00. Thanks for the advice 

[Polly]

gap trade is risky especially if its not todays gap ..will close but could take an hour, a day , a month , 3 months etc....could go to R20.00 and then reverse to R10.00... so not worth the risk imo..

damn shouldn't use the word will......rather say 95% chance of it closing

[Polly]

 

I see there is a price gap between R 13.27 and R13.42 on Sibanye Gold.  Maybe I can short the share because gap will be closed? Or is the gap to small

 

gap trade is risky especially if its not todays gap ..will close but could take an hour, a day , a month , 3 months etc....could go to R20.00 and then reverse to R10.00... so not worth the risk imo..

Edited by Polly, 13 February 2019 - 04:05 PM.

[Milo]

Thanks for that explanation P.... I readup they also in the process of aquring lonmin...

Am waiting for the drop to buy in but it ain't comming! I won't go in now... Must wait for drop, I got too much experience buying high haha... Will check next week

I see there is a price gap between R 13.27 and R13.42 on Sibanye Gold.  Maybe I can short the share because gap will be closed? Or is the gap to small

[Polly]

What are the odds of your premiums being a 20 bagger as well 

so far hasnt...

[Shi]

if you bought discovery in 2003.....was 6.9...now a 20 bagger in 16 years!!

 

What are the odds of your premiums being a 20 bagger as well 

[Polly]

if you bought discovery in 2003.....was 6.9...now a 20 bagger in 16 years!!

[Polly]

Insurance has always been a necessary 'grudge' purchase. Its the thought of ending up in ICU which can run in the millions, that gets us lowly medical aid payers 

exactly...thats why depends on family medical history and weather you drive like a cowboy!! lol

 

but remember discovery is not a non profit business...they make money out of u...all monies go into a pool and then depends on your luck i suppose...

 

question is...do u buy the service or the service provider....

Edited by Polly, 13 February 2019 - 02:04 PM.

[nosh]

My daughter employed last 10 years and paying discovery..part of her contract is to pay...so far paid in excess of  R300000....so far hasnt claimed or used it yet...If she invested that monthly in discovery shares will be worth a cool million today..No need to use govt hospitals if something happens...pay the private hospital charges and you will be still smiling over the long run...Its purely a risk or something ahappening innyour early years.. Once i finished articles , cancelled my medical and last 30 odd years investing the discovery amount in discovery shares...Guess how much that is worth now...

 

But i suppose it depends on your family medical hostory..My dad turned 85 this year...never wentto hosptial and hardly to doctors entire life besides 3 years ago when contacted TB...heart is absolutely fine...So so far private payments not too bad...max R50000 in charges..So at 85 he saved a packet of medical aid expenses...never had entire life...

 

 

Horses for courses i suppose.....nothing about being a burden to the state!!!

Insurance has always been a necessary 'grudge' purchase. Its the thought of ending up in ICU which can run in the millions, that gets us lowly medical aid payers 

[Midas1]

Just sold richemont shares..lekker..going try few cfds soon but not going big until ready..cause fnb fees killing me on shares

[Midas1]

Good to hear....i Just make sure stress levels ok haha,

[Polly]

If sa had proper medical which we pay taxes for no one would need medical its a joke..i have but at esculation rate will be about double cost in about 9 years

My daughter employed last 10 years and paying discovery..part of her contract is to pay...so far paid in excess of  R300000....so far hasnt claimed or used it yet...If she invested that monthly in discovery shares will be worth a cool million today..No need to use govt hospitals if something happens...pay the private hospital charges and you will be still smiling over the long run...Its purely a risk or something ahappening innyour early years.. Once i finished articles , cancelled my medical and last 30 odd years investing the discovery amount in discovery shares...Guess how much that is worth now...

 

But i suppose it depends on your family medical hostory..My dad turned 85 this year...never wentto hosptial and hardly to doctors entire life besides 3 years ago when contacted TB...heart is absolutely fine...So so far private payments not too bad...max R50000 in charges..So at 85 he saved a packet of medical aid expenses...never had entire life...

 

 

Horses for courses i suppose.....nothing about being a burden to the state!!!