1165 replies to this topic

[Polly]

Dear Polly.

Please help me here with a plan

 

Im sitting with a problem here.

 

Drove from Pretoria to Graaf Reinet today and saw lots of AVENG vehicles doing road construction. Reading about Group 5 as well battling. Both these companies are very large and I just cannot see them failing. If we can get the ANC to start spending money on infrastructure and not stealing it these two shares can boom...

 

Now what must I rather buy?

Aveng, Group5 or buy another lot of Steinhoff. My ave price on Steinhoff is R 4.7 and i have a large lot. Pumping in another R 400k will only bring my average down to R 3.8

 

Any of you more than intelligent people have ideas. Im in it for the long run as I dont have time to speculate!

Buy and will see it out till at least July 2019.

What is the best punts between you people?

Thanks for the assistance.

Hi C

 

If you look at my previous comments , i said those already in , hold tight...either make big or go bust...Do not add...only add if R5.00 breaks to upside..

 

As far as the other shares go , i wonder why new investors always want to invest in riskier stocks..Does not make sense.. Some good large and medium cap stocks offering value here...Check this thread for some recommendations i already made...

 

PS: you cant make quick money on the stock exchange...always remember that...

[Chris101]

Dear Polly.

Please help me here with a plan

 

Im sitting with a problem here.

 

Drove from Pretoria to Graaf Reinet today and saw lots of AVENG vehicles doing road construction. Reading about Group 5 as well battling. Both these companies are very large and I just cannot see them failing. If we can get the ANC to start spending money on infrastructure and not stealing it these two shares can boom...

 

Now what must I rather buy?

Aveng, Group5 or buy another lot of Steinhoff. My ave price on Steinhoff is R 4.7 and i have a large lot. Pumping in another R 400k will only bring my average down to R 3.8

 

Any of you more than intelligent people have ideas. Im in it for the long run as I dont have time to speculate!

Buy and will see it out till at least July 2019.

What is the best punts between you people?

Thanks for the assistance.

[Lionelza1]

this share does it own thing...although may be influenced slightly by overall green days and red days

OK thanks Polly

[leo]

this share does it own thing...although may be influenced slightly by overall green days and red days

Lion. See the Steinhoff thread. Poundland trading update.

[Polly]

Hi Polly.... Is this the reason we see the gains on steinhoff?

this share does it own thing...although may be influenced slightly by overall green days and red days

[Polly]

That's good news for me. see on cnn all talking long as well. Do you have any ideas exit point on npn, don't want exit too early but thinking about 3250?  Or not realistic...just watching closely next weeks..Rest Im exiting on 10% increase, policy now bank regularly don't get greedy and buy again.

just hold till end of year now and tighten stops for take profit....

[Lionelza1]

expecting a massive rally tonight as shorts in US are all trapped.....

Hi Polly.... Is this the reason we see the gains on steinhoff?

[Midas1]

expecting a massive rally tonight as shorts in US are all trapped.....

That's good news for me. see on cnn all talking long as well. Do you have any ideas exit point on npn, don't want exit too early but thinking about 3250?  Or not realistic...just watching closely next weeks..Rest Im exiting on 10% increase, policy now bank regularly don't get greedy and buy again.

[Polly]

expecting a massive rally tonight as shorts in US are all trapped.....

[Polly]

If any advantage will probably only reflect Thursday late..but someone sueing tc music at moment..

yeah saw that over weekend...original shareholder homding about 30% of shares was duped/ forced/threatened  into selling while still a private company being told company going to fail

[Midas1]

Yes looking ok today..tencent ipo out Wednesday but will only show on our trading last 30 minutes so Ill watch tomorrow late or Thursday to decide what do...I reckon will reflect on the thrusday once tc has traded after the us...not sure though

If any advantage will probably only reflect Thursday late..but someone sueing tc music at moment..

[Midas1]

well us survived last night..actually went down 2% but recovered all the losses...is this the turn??

Yes looking ok today..tencent ipo out Wednesday but will only show on our trading last 30 minutes so Ill watch tomorrow late or Thursday to decide what do...I reckon will reflect on the thrusday once tc has traded after the us...not sure though

[Polly]

Midas i wont go long anything next few days...safety first....US had death cross on daily....50ema broke below 200ema.....when this happens usually markets breaks big time....Let see what do do tonight,,,,IF it falls more than 2 % , i say get out off all stocks...BUT US have this habit of confusing us here...been a very diccifult market to trade this last 2 weeks...all expecting the xmas rally , but  US markets giving different signals.

well us survived last night..actually went down 2% but recovered all the losses...is this the turn??

[Polly]

Hi thanks, red today looking otherway...aspen looking ok at 139...

Midas i wont go long anything next few days...safety first....US had death cross on daily....50ema broke below 200ema.....when this happens usually markets breaks big time....Let see what do do tonight,,,,IF it falls more than 2 % , i say get out off all stocks...BUT US have this habit of confusing us here...been a very diccifult market to trade this last 2 weeks...all expecting the xmas rally , but  US markets giving different signals.

[Midas1]

Hi thanks, red today looking otherway...aspen looking ok at 139...

[Polly]

Hi Polly,

 

I know you don't hold Ellies, I don't have many but just curious how they released nothing re agm on sens and also now changed their interim results date from 6 Dec to 13th...Are they allowed to do that? I think they could be in trouble. Thanks.

 

Also Dawn,,,is it game over after today? this is last day the competitors board can intervene. And can you hold the shares after they delist or do you have to take the 1c per share. If I have the option Ill hold and take dividends from company as guy offering 6 million must have something up his sleeve...Thanks.

 

Know you trading so Ill wait to hear response when you can..

 1. Ellies...yes can delay results..allowed as long as within JSE stipulated time frame

 

2. if offer accepted , you are forced to accept the offer if 75% of votes agree to it....You have no choice

[Midas1]

Hi Polly,

 

I know you don't hold Ellies, I don't have many but just curious how they released nothing re agm on sens and also now changed their interim results date from 6 Dec to 13th...Are they allowed to do that? I think they could be in trouble. Thanks.

 

Also Dawn,,,is it game over after today? this is last day the competitors board can intervene. And can you hold the shares after they delist or do you have to take the 1c per share. If I have the option Ill hold and take dividends from company as guy offering 6 million must have something up his sleeve...Thanks.

 

Know you trading so Ill wait to hear response when you can..

[Midas1]

This whole thing is dodge omw. Can't believe they just burned 390 million of cash in a year. and as you said, i think there is some dodgy deals behind this. Tod buying this company for 6 million. I'm pretty sure he promised management a lekker bonus after a year if this thing will go through. Can't believe this is allowed on the JSE. And even if u look at equity they should at least pay 13 cents. But now its a real joke. 

Their firm offer said 5 working days for competition authority to approve. I think that would be Monday, I sincerely hope they don't approve sounds so dodgy!

[andi222]

they will obviously make it look real bad writing off as much fat as possible..in order for sharegolders to0 approve 1c

 

i find this very interesting and laughable..

 

The financial results on which this trading statement has been based, have not been reviewed and reported
on by DAWN's auditors.

The trading statement has been reviewed by SNG Grant Thornton, a JSE accredited auditor in compliance
with section (111)(9) of the Companies Regulation, 2011 and paragraph 3.4( (viii)(1)(aa) of the Listings
Requirements. Their unmodified report is available for inspection at DAWN registered address.

 

 

Never ever heard a trading statement been reviewed by auditors before...and what unmodified report they referring to for a trading statement?

 

 

This whole thing is dodge omw. Can't believe they just burned 390 million of cash in a year. and as you said, i think there is some dodgy deals behind this. Tod buying this company for 6 million. I'm pretty sure he promised management a lekker bonus after a year if this thing will go through. Can't believe this is allowed on the JSE. And even if u look at equity they should at least pay 13 cents. But now its a real joke. 

[Polly]

Dawn Trading statement looks bad.

they will obviously make it look real bad writing off as much fat as possible..in order for sharegolders to0 approve 1c

 

i find this very interesting and laughable..

 

The financial results on which this trading statement has been based, have not been reviewed and reported
on by DAWN's auditors.

The trading statement has been reviewed by SNG Grant Thornton, a JSE accredited auditor in compliance
with section (111)(9) of the Companies Regulation, 2011 and paragraph 3.4((viii)(1)(aa) of the Listings
Requirements. Their unmodified report is available for inspection at DAWN registered address.

 

 

Never ever heard a trading statement been reviewed by auditors before...and what unmodified report they referring to for a trading statement??