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#1 Midas1

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Posted 06 November 2019 - 04:24 PM

Good thing didn't short this yet
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#2 Midas1

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Posted 06 November 2019 - 07:26 AM

Article dischem...And Dis-Chem’s update after the close on Friday was a shocker! This has been one of our core shorts for ages and we were looking for the first half to be down around 6% on a reported basis, but some clients thought we might see a result as bad as -20%. NO-ONE was expecting the -39-41% (pre-IFRS16) and -38-40% (Post IFRS16). Lots of once offs impacting numbers but they are still very, very messy (down 9%) if we strip these out. Consensus is looking for 92c for the full year, already down from 105c around 6 months ago and the ~31c for the first half means that 80c for the FY will be a miracle (the first half is normally stronger btw). The really interesting debate is what multiple you put my very generous ~80c on? Despite everything that mgmt. have achieved to build up this business from scratch, DCP’s track record in the listed environment is chequered at best and despite the well-documented tailwinds for formalised pharma, I would suggest a 20x multiple is seriously generous and that gives you R16 TP, 6 months forward and LOTS of downside. Some market participants will buy into a view that the numbers will turnaround later in the forecast period and call a floor around the recent R20 lows….good luck to them…
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#3 Midas1

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Posted 05 November 2019 - 05:07 PM

Dischem, anyone thinking shorting this and how low can it go..😁 missed the boat yesterday as didnt see sens...think another drop could be due...not much going for them
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#4 Midas1

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Posted 31 October 2019 - 05:43 AM

Bought 1000 tfg yesterday 170.50...results on 7th..hoping up tick..
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#5 soutie

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Posted 29 October 2019 - 03:18 PM

Was agreeing with you and observing about others. Not you. The overtrader one got it right, go see.

Always better to check that you understand.

Not that anything thrown at me hereabouts surprises or concerns. 

 

OK sorry my bad.

More coffee before engaging with others next time... :(


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#6 Snippit

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Posted 29 October 2019 - 02:15 PM

Why would I have an agenda...? On more than many occasions I've supported your argument as to the oft "Grooming" that's taken place on this forum.

I don't have broker friends...I do promote Wescoal & have for yrs (Note to newbies....I'm overly emotional of this share & I know I shouldn't be)

What I do have "feelings" about is this place is now as you prefer it a vacuum inhabited by yourself with the odd occasion of outside comments.

So congratulations on your success it's lonely at the top or so they say...

Cheers.

 

Was agreeing with you and observing about others. Not you. The overtrader one got it right, go see.

Always better to check that you understand.

Not that anything thrown at me hereabouts surprises or concerns. 


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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#7 soutie

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Posted 29 October 2019 - 09:39 AM

Funny you should note this. I have been thinking the same and about there is never any why other than "feelings".

Its quiet atm. I expect the next foray of broker friends to arrive as a gaggle of long lost associates at any ordained moment.

Why would I have an agenda...? On more than many occasions I've supported your argument as to the oft "Grooming" that's taken place on this forum.

I don't have broker friends...I do promote Wescoal & have for yrs (Note to newbies....I'm overly emotional of this share & I know I shouldn't be)

What I do have "feelings" about is this place is now as you prefer it a vacuum inhabited by yourself with the odd occasion of outside comments.

So congratulations on your success it's lonely at the top or so they say...

Cheers.


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#8 Midas1

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Posted 29 October 2019 - 09:12 AM

Got in at 101 this am so worked out well
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#9 Midas1

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Posted 28 October 2019 - 04:08 PM

Doubt soutie has a conspiracy theory I think just being helpful..in my book banking .8 percent better than waiting share to drop below what you paid, I'd rather buy back cheaper, but don't need explain myself too you...my account doing ok, my broker is private and doing nicely out of my learning curve. Appreciate soutie and actually polly warned me watch risk to rewards...have a charming evening
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#10 Snippit

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Posted 28 October 2019 - 01:44 PM

 

Posted 23 October 2019 - 09:31 AM

Thanks Soutie, yes I too took profit which was great...re entered around 103 mark....now just waiting game..rand was very strong yesterday as well...still s#it when you shares look from even if temporarily

 

Looking at the above you're only enriching the market maker...Re entered at R103 out today at R103ish & wanting to re enter at R102 that's not volatility....that's over trading.

Create some space between you & the market to breathe bud...

 

 

Funny you should note this. I have been thinking the same and about there is never any why other than "feelings".

Its quiet atm. I expect the next foray of broker friends to arrive as a gaggle of long lost associates at any ordained moment.


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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#11 Midas1

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Posted 28 October 2019 - 11:50 AM

Thanks, I've noted your comments on this before..I still struggle to get bottom or top...so for eg could bought few days later about 101.80 but went in bit too high..and range to me at mo about 102 to 104.50...do like take profit off table though...cheers..still learning so advise welcome
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#12 soutie

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Posted 28 October 2019 - 10:42 AM

Sold imp...going try buy back 102 or less..this share nice volatile

Posted 23 October 2019 - 09:31 AM

Thanks Soutie, yes I too took profit which was great...re entered around 103 mark....now just waiting game..rand was very strong yesterday as well...still s#it when you shares look from even if temporarily

 

Looking at the above you're only enriching the market maker...Re entered at R103 out today at R103ish & wanting to re enter at R102 that's not volatility....that's over trading.

Create some space between you & the market to breathe bud...


Edited by soutie, 28 October 2019 - 10:46 AM.

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#13 Midas1

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Posted 28 October 2019 - 10:05 AM

Sold imp...going try buy back 102 or less..this share nice volatile
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#14 Midas1

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Posted 25 October 2019 - 05:29 PM

Still holding impala...hoping next week the upswing week, has slowly climbed last few days..but who knows..see dow well up tonight
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#15 Midas1

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Posted 16 October 2019 - 04:47 PM

Took my lekker profit on jubilee..but had them equities...took about 6 months to get up nicely
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#16 Midas1

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Posted 14 October 2019 - 11:35 AM

Another good imp buying opportunity imo...paladium still at high level...106 achievable I think for nice profit
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#17 Midas1

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Posted 08 October 2019 - 09:36 AM

Bought imp cfds on drop today...opportunity imo
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#18 Midas1

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Posted 23 September 2019 - 05:41 PM

Jubilee starting to pump, knew it would come...
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#19 Midas1

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Posted 05 September 2019 - 09:51 AM

Phew imp pulled it out the bag
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#20 Midas1

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Posted 04 September 2019 - 07:08 PM

And for those who think it's easy, it's not.. my nerves shot today..again..not really sure its worth it plus pretty f ing boring being attached to your screen all day cause scared not pay attention...all my cfds slightly green..but panicking impala...know rand stronger but behaved very weak for day before results...broker says big traders messing...I dunno
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