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#81 Polly

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Posted 08 April 2019 - 02:31 AM

No worries this was designed to call your bluff and you took sinker and bait!!! Time will tell!!!

 

confirms what i have been saying for yonks about you. and you finally admitting it..

everything you post is about you being a fisherman...not sincere posting but to mislead with ulterior motives... :ph34r:


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#82 DayTraderDad

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Posted 06 April 2019 - 03:32 PM

Thanks for the concerns but already bought more this week....
All the above you mentioned is irrelevant to me as i have my own viable investing strategy. If anyone wants to build  a successful investing career, first and foremost , they have to learn to think for themselves and not accept some hot tips or incorrect info in a chat room posted by some fake Gurus.
 
 
I can guarantee from my side I do certainly look at risk and in fact it plays a big part of my investment decision. One thing I certainly don't do is play the pump game (this I learned in the Pyramid scheme thread) and take a TATA MA CHANCE. Another thing I don't do is take notice of misleading statements by so called " Gurus" and " Mafias "with hidden agendas to change my investment decisions.
I have been trading over 35 years and I can tell you how many times ive seen this property share cycle playing. I take in all information available and try to understand it, believe me even the "Gurus" misleading posts .I read and try to understand but I cannot ever get any sensible information all I see is a serious misleading info and a serious pump and dump for a share  and the fakers who cant see the woods from the trees.
I acknowledge there is lots of risk in DLT but for me there is more positives than negatives. This you call risk management and bringing the odds on your side. Note i am not gambling as in my opinion the share is attractive and offers value at R1.80.
 
I always read the market myself and have learnt to trust my own judgement. I never ever rely on the opinions and  readings of others especially those who are fake. I am no market predictor only an expert risk manager.
 
 
This is exactly what makes good investors. To have the ability to look for value though all the noise and the patience for delivery.
 
Warren Buffett once said that as an investor, it is wise to be “Fearful when others are greedy and greedy when others are fearful.”


No worries this was designed to call your bluff and you took sinker and bait!!! Time will tell!!!
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#83 Polly

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Posted 06 April 2019 - 12:49 PM

Great..hows auz..talking of which was looking at investec for equities and need do research...don't particularly want sa shares...any opinions..fancy plc as uk..but not sure if wise investment..enjoy hols

OZZ is great...In Melbourne for 5 days...checked out some sandpaper businesses to export to SA...heard they have the best quality to do the job here... :D


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#84 Midas1

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Posted 06 April 2019 - 12:39 PM

Great..hows auz..talking of which was looking at investec for equities and need do research...don't particularly want sa shares...any opinions..fancy plc as uk..but not sure if wise investment..enjoy hols
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#85 Polly

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Posted 06 April 2019 - 12:34 PM

more leases signed....go you good thing,,,,bought last lot today....average now R2.38...im happy with that.....

 

after buying an aeroplane full , got my average down to R2.11   !! So highly over exposed but divi is there..Wont be long before price is above my average and then ill start disposing to lighten up on over exposure..

 

Did same for GPL..bought from 3.50 to low of R1.80..average....again was overexposed....Then sold 50% at average R3.00 on that shareholder revolt  to being my average down to about 1.66 on exising 50%...Now share trades at R2.60...nav above R6.00


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#86 Polly

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Posted 06 April 2019 - 10:28 AM

Take a look in this link for the lots of vacancies areas in all properties.

 

http://www.deltafund...3-156d2136-a1bc

 

Issues with property shares:

 

1 - Rental income pays the bond off so no rental no payments= Debt restructuring.

2 - Property valuation can be misleading - Ask Markus Jooster he will tell you. The value of property is = to how much people are prepared to pay for it

3 - 23/03/2017 Share price reached R9.32 on 19/03/2019 reached R1.27 this is a fall of 87%. So asking the experts why????

4-  SA not doing well at all and looks like a downturn coming to the world economies slowing how will rental prices increase or vacancies reduce.

5 - Growthpoint warning all rental privces droping in all sector 

     "It remains incredibly tough for all three of our SA sectors. Three-month key performance indicators (KPIs) tend to be lumpy, but early indications are

      that they will remain under pressure for FY19."

6 - All calculations of profit/dividend yield etc are based on past results which can misleading.

 

So for the experts would like to know why does a share of such a profitable outfit drop 87% in two years????

 

Thanks for the concerns but already bought more this week....

All the above you mentioned is irrelevant to me as i have my own viable investing strategy. If anyone wants to build  a successful investing career, first and foremost , they have to learn to think for themselves and not accept some hot tips or incorrect info in a chat room posted by some fake Gurus.

 

 

I can guarantee from my side I do certainly look at risk and in fact it plays a big part of my investment decision. One thing I certainly don't do is play the pump game (this I learned in the Pyramid scheme thread) and take a TATA MA CHANCE. Another thing I don't do is take notice of misleading statements by so called " Gurus" and " Mafias "with hidden agendas to change my investment decisions.

I have been trading over 35 years and I can tell you how many times ive seen this property share cycle playing. I take in all information available and try to understand it, believe me even the "Gurus" misleading posts .I read and try to understand but I cannot ever get any sensible information all I see is a serious misleading info and a serious pump and dump for a share  and the fakers who cant see the woods from the trees.

I acknowledge there is lots of risk in DLT but for me there is more positives than negatives. This you call risk management and bringing the odds on your side. Note i am not gambling as in my opinion the share is attractive and offers value at R1.80.

 

I always read the market myself and have learnt to trust my own judgement. I never ever rely on the opinions and  readings of others especially those who are fake. I am no market predictor only an expert risk manager.

 

 

This is exactly what makes good investors. To have the ability to look for value though all the noise and the patience for delivery.

 

Warren Buffett once said that as an investor, it is wise to be “Fearful when others are greedy and greedy when others are fearful.” 


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#87 DayTraderDad

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Posted 02 April 2019 - 11:23 AM

Take a look in this link for the lots of vacancies areas in all properties.

 

http://www.deltafund...3-156d2136-a1bc

 

Issues with property shares:

 

1 - Rental income pays the bond off so no rental no payments= Debt restructuring.

2 - Property valuation can be misleading - Ask Markus Jooster he will tell you. The value of property is = to how much people are prepared to pay for it

3 - 23/03/2017 Share price reached R9.32 on 19/03/2019 reached R1.27 this is a fall of 87%. So asking the experts why????

4-  SA not doing well at all and looks like a downturn coming to the world economies slowing how will rental prices increase or vacancies reduce.

5 - Growthpoint warning all rental privces droping in all sector 

     "It remains incredibly tough for all three of our SA sectors. Three-month key performance indicators (KPIs) tend to be lumpy, but early indications are

      that they will remain under pressure for FY19."

6 - All calculations of profit/dividend yield etc are based on past results which can misleading.

 

So for the experts would like to know why does a share of such a profitable outfit drop 87% in two years????


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#88 JK001

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Posted 01 April 2019 - 08:56 PM

Dividend not based on current share price, Dividend not based on price you bought the share at, Dividend is actually just based on financial results date. With share falling more per year than dividend value this is a classic 'how to make a dead horse run'.  

Next would be a committee in public interest to see how and what was paid to who.  No arrests, No convictions and no shareholder value.

 


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#89 Polly

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Posted 01 April 2019 - 09:42 AM

Good day guys...

 

 
05/11/2018 Interim                   39.40
04/06/2018 Final                     50.84
31/10/2017 Interim                  46.40
 
OK we in final dividend stage...last year 50 c
total divi last year 97c
 Current share price about +-R1.80
 
trading  statement said divi will be at lower end of scale ( worst case scenario).74% of last years 50c and  company will retain  25% of this  = 50c *.74*.75 = 27.75c
so just this final  divi gives you return of 27.75/1.80 =15%
 
Interim last year 40c...lets apply same  assuming worst case =39*.74*.75 = 21.64c
 
so should get total divi of 49c if you bought and held for a year from now..return = 49c / R1.80  = 27%
 
so someones claim of a 15% totally incorrect..out by nearly 180% ..eish..poor calculations...back to school for him.
 
Im my case average cost about R2.38    =  49/2.38 =20.5%    ill take this anyway...
 
 
Note reits dividend is taxable as taxable income..No dividend exemption. So make sure you buy in some family name eg wife or kids who have no taxable income or below tax threshold.
 
 
Now for the attackers and so called Gurus and there comments:
 
 
1. Divi down 25% ....yes
2. occupatuion rate down 15%...20% more likely imo
3. margins flat : if not lower 
4. Building unsafe . have you seen the properties to make this comment? One rotten egg does not make all eggs rotten.Go do some more homwork. Already R32m capex budgeted and about R10m already spent on this building.
 and so again you post incorrect info..Go see my post . Ive said  ive seen all the buildings in Durban and they in tip top condition. Did i say Pretoria? another misleading post (on a side note : i can physically see 4 of their buildings in the city centre while i lie on my  bed in my bedroom.. so now you can guess where i live) 
5. debt over affordability level. Did you listen to any of the podcasts or looks at AFS? What is a fair affordability level in this sector? Anyway they sold 4 and in process to sell 7 more buildings which will bring that below 40%
6. Govt social spend blah blah. This is a sovereign riet with top Bee status.. hence the leases are vital for there future..and the signings have already started. If not signed they get higher rentals but have to pay higher interest on debt as banks need to see secure tenants via signed long term leases.
7. pinky and brain dead..More insults...is that all you Gurus know as a comeback?
 
Now the  the crucial part ..
Nav +R9.00
What was the share  price 4 months ago?  high of about R6.60
Price now R1.80
Price overrides everything else in investing. Its your main and key indicator.Price is objective.  everything else is subjective including value , nav , earnings dividend , blah blah.
Now dont you think all the points you mentioned above is priced in...Drop from R6.60 to R 1.60 low? ...Clever money sold . But whats happening now? There is a term in investing called " Attractive" and the price now is drawing attention for its attractiveness at this  price. Go check volumes at R1.60/R1.80
Clever money started buying with fair volumes...Of cos its not going to shoot the lightsoff but if you buy today at R1.80 which Lionel said he did , he is more or less guaranteed a minimum 20% return on his capital in form of divi. Also if you read the trading statement and podcast i took the worst case scenario mentioned to calculate divi.. May be higher.
Going forward this to me looks like a solid buy at R1.80 or lower. i topped up nearer R1.60 last week .  If all the leases are singed , why should it not go back to R6.60 or worst case 50% of that R3.30??
Im not pumping this share , its just that i see value especially the divi which is my main attraction. Anyone else wants to invest do your own homework.Comments welcome if im wrong
 
PS : you cant compare this this with the Pyramid scheme. No fraud , no corruption , no firesale , brick and mortar net asset value , good dividend , etc.. It only turned into an ugly duckling because fo the Govt leases..should that correct in next 6 months why not back to highs?
 
Now the Gurus how are you valuing the Pyramid scheme huh? Using  historical figures in your models of cos? But thats unlike Delta. Theres fraud , corruption , contingent liabilities , claims over ownership disputes , specialists fees , poor management , a company virtually on the verge of insolvency  and you tell me its historical figures can be relied upon especially its nav , sales , income  and debts? Get a life man...
You comparing apples with pigs here...Gurus cant see that past there noses. Their emotional bias  towards this pyramid scheme is absolute investing suicide.
 
PS bought another 100000 on Friday while in Ozz...Will keep on adding..
 

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#90 Milo

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Posted 28 March 2019 - 01:56 PM

I believe so Milo.... Signing leases is security of income, listen to that clip that Polly put here tho...

I also find comfort in their bee status... Government must support and I believe c. R's leadership will

 

 

Sounds good hope they work tomorrow Friday is 29 March

Latest sens

Delta Property Fund Ltd - Dpw's Stated Intention Is To Renew A Sizeable Portion Of Leases By 31 March 2019


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#91 Lionelza1

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Posted 28 March 2019 - 12:01 PM

I believe so Milo.... Signing leases is security of income, listen to that clip that Polly put here tho...

I also find comfort in their bee status... Government must support and I believe c. R's leadership will
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#92 Milo

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Posted 28 March 2019 - 11:47 AM

So with this share if long term leases are secured by THIS WEEK then share price will go up ????


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#93 Lionelza1

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Posted 28 March 2019 - 11:24 AM

Looking good here P.... Got some at R1. 80
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#94 JK001

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Posted 27 March 2019 - 05:32 PM

Thanks for posting DtD.

 

Seems the Troll after all decided not to respond even after you posted on the 'correct' threat.

 

 


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#95 DayTraderDad

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Posted 27 March 2019 - 10:09 AM

WARNING POLLY AND ITS MINI MI'S ARE TROLLS'

 

Members PipPipPipPipPipPip 1,764 posts Posted Today, 06:54 AM Posted Yesterday, 05:52 PM JK001, on 26 Mar 2019 - 5:44 PM, said:snapback.png JK001, on 26 Mar 2019 - 3:44 PM, said: Told you before Maths resembles 'uhhh let me think - clue >> ' https://www.youtube....h?v=6lCSaLPNT2I Same goes for DLT, divi is closer to 15% than 20%, and you stated that buildings are in top condition ', you mean similar to Eskom right?', "Thomas Tebele, representing the landlords Delta Property Fund running correctional services' Poyntons Building tried in vain to negotiate with Mayor Solly Msimanga to avoid the high-rise building being shut down for non-compliance with fire and evacuation regulations. Video: Jonisayi Maromo / ANA" https://www.iol.co.za/news/politics/pics-msimanga-shuts-down-non-compliant-correctional-services-head-office-17034663 So, let's summarize: Divi down about 25%, occupation rate down 15% margins are flat Some buildings already unsafe for occupation - (trend?) Goverment Social spend will soon exceed income generated - Debt already over affordability level. I think P and Minni Me, not adequate. Let's go for pinky and the braindead? Haha lovely could have not been better!!!! This thread is tainted..Post in appropriate Delta thread and ill respond!!


Edited by DayTraderDad, 27 March 2019 - 10:10 AM.

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#96 Lionelza1

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Posted 26 March 2019 - 05:24 PM

Looking good here P... I see volumes good also
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#97 Polly

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Posted 26 March 2019 - 04:19 PM

more leases signed....go you good thing,,,,bought last lot today....average now R2.38...im happy with that.....


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#98 Polly

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Posted 26 March 2019 - 10:44 AM

up 15% today... :)


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#99 Polly

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Posted 22 March 2019 - 04:39 PM

got half my load @ average R1.68 today.......leave some powder dry for next week in case she drops further!!


Edited by Polly, 22 March 2019 - 04:39 PM.

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#100 Polly

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Posted 21 March 2019 - 03:55 PM

started readin up on this one

 

think u meant share closed 1.68 on wednesday

ooops..yes sorry L...check this link first...listen to it...the value destruction

 

http://www.deltafund.co.za/financials/

 

 

listen to conference call at end feb 2019

 

 

then check out the properties....most grade 1....ive seeen all thier proiperties in Durban...top notch....only problem is the leases...its a sovereign reit....


Edited by Polly, 21 March 2019 - 03:56 PM.

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