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Delta Property Fund


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#161 Polly

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Posted 04 March 2019 - 02:02 PM

long story here S..

 

Mr M never wrong hay...

 

keep away for moment...will post later tonight..

 

i did ass today at 2.00 though...but deep in kuk with this one

im in from R6.00..added at R5.00 R4.00 R3.00 and today R2.00

 

 

 

average R3.50

 

 

share has lost 66% in last 3 weeks....value destruction by Govt...


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


#162 Polly

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Posted 04 March 2019 - 02:00 PM

as a start hear this conference call from Friday :

 

 

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


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


#163 Polly

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Posted 04 March 2019 - 01:57 PM

Been watching this on the way down...think it's way overdone but that's just me.... :rolleyes:

My reasoning is they have R535ish million income some of which will be a divi & 715ish million shares in issue.

Interim divi was about 39c so final could be around 30c & you can pick up some today for around R2

Mr Market never wrong so what am I missing here...?

Anyone else on this...?

long story here S..

 

Mr M never wrong hay...

 

keep away for moment...will post later tonight..

 

i did ass today at 2.00 though...but deep in kuk with this one


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


#164 soutie

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Posted 04 March 2019 - 01:18 PM

Been watching this on the way down...think it's way overdone but that's just me.... :rolleyes:

My reasoning is they have R535ish million income some of which will be a divi & 715ish million shares in issue.

Interim divi was about 39c so final could be around 30c & you can pick up some today for around R2

Mr Market never wrong so what am I missing here...?

Anyone else on this...?


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Anyone need a heads up...!


#165 Polly

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Posted 10 December 2018 - 10:39 AM

Despite reduced dividend and government tenants this must be on almost 20% yield. Worth the risk? Any views?

im loading big time  on every dip...bought some this morning as well.,,,,,However property not the space to be at the moment...but if u want to hold for 2 yrs min will pay off


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


#166 DividendTycoon

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Posted 10 December 2018 - 10:14 AM

Despite reduced dividend and government tenants this must be on almost 20% yield. Worth the risk? Any views?


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