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#1 Shi

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Posted 25 June 2020 - 08:50 AM

Thanks... Read up on it.

Was thinking maybe another steinhof

 

https://www.moneyweb...s-down-over-90/

 

Gives breakdown of what is left and an idea of what it is worth.


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“One day Alice came to a fork in the road and saw a Cheshire cat in a tree. Which road do I take? she asked. Where do you want to go? was his response. I don't know, Alice answered. Then, said the cat, it doesn't matter.” - Lewis Carroll

#2 Lionelza1

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Posted 24 June 2020 - 12:58 PM

Unbundling of First Rand shares?


Thanks... Read up on it.

Was thinking maybe another steinhof
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#3 Shi

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Posted 24 June 2020 - 12:51 PM

Rmbh?

 

Unbundling of First Rand shares?


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“One day Alice came to a fork in the road and saw a Cheshire cat in a tree. Which road do I take? she asked. Where do you want to go? was his response. I don't know, Alice answered. Then, said the cat, it doesn't matter.” - Lewis Carroll

#4 Lionelza1

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Posted 24 June 2020 - 11:58 AM

Rmbh?
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#5 Shi

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Posted 20 May 2020 - 11:02 PM

Best and worst for 2020 thus far

Attached Files


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“One day Alice came to a fork in the road and saw a Cheshire cat in a tree. Which road do I take? she asked. Where do you want to go? was his response. I don't know, Alice answered. Then, said the cat, it doesn't matter.” - Lewis Carroll

#6 soutie

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Posted 29 April 2020 - 10:40 AM

Back above R28 as I type.....

Get on the bus to R30+change...

 

Sold 50% of holding....Moved stop to lock in some nice green should it retrace...

Didn't take too long in the end..


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#7 soutie

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Posted 29 April 2020 - 09:48 AM

Morning Pilot.

Yeah there's an awful lot more which unfortunately will only be known when results are out....

There was a SENS out from Standard Bank last week reporting a 27% drop in revenue compared to Q1 2019..

So now that's a week or so before lockdown. What is Q2 2020 numbers gonna look like.... :ph34r:

The only thing that's left to give is the currency....So if we think it's weak ATM phew...!!!!!

Also from an investment point the only thing I can think of of any value post Corona is the Platinum mines as the gold ones are mostly break even at best...

Maybe tailings plants also but how secure are they to armed attack..Another topic conveniently keep out of the media.

Have a great day & thanks again for your valueable insights & commentary... ;)


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#8 Pilotpilot

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Posted 29 April 2020 - 07:47 AM

I reckon there's a short squeeze hitting...

Sasol 

Woolies

Nedbank

& maybe MTN...

 

All price action looking more than suspect to the underlying or their peers.

My 2c

Soutie....I agree

 

These prices are not guided by Investment companies doing calculations on their value, earnings etc. ect.

 

They are in the hands of the BIG gamblers!

 

I am concerned about SA banks in general, although NED looks to be worst affected. I predict we might see a downfall in this sector because of loan payment failure by their customers, and drop in earnings of course. It's much larger than we think. 

 

We might see some of them ask for bail-outs from government if things worsen....and I think they will. Our Corona data is very suspect....and we are not flattening the curve or slowing growth at the moment. This situation will  surely prolong further... 


Edited by Pilotpilot, 29 April 2020 - 07:48 AM.

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#9 soutie

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Posted 28 April 2020 - 02:44 PM

I reckon there's a short squeeze hitting...

Sasol 

Woolies

Nedbank

& maybe MTN...

 

All price action looking more than suspect to the underlying or their peers.

My 2c


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#10 soutie

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Posted 24 April 2020 - 12:19 PM

Picked up some Woolies just now on a re-take of R27.50...

Let's see if it holds.....

 

Beeeeeg seller @ R27.50-R27.70 area.....Also suppressing any buyers out there...This may take some time..... :rolleyes:


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#11 soutie

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Posted 23 April 2020 - 04:03 PM

Picked up some Woolies just now on a re-take of R27.50...

Let's see if it holds.....

Back above R28 as I type.....

Get on the bus to R30+change...


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#12 soutie

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Posted 23 April 2020 - 01:09 PM

Picked up some Woolies just now on a re-take of R27.50...

Let's see if it holds.....


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#13 soutie

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Posted 16 April 2020 - 12:01 PM

Why have we gone into a close out scenario....? 

Thought that was only due in June....!

Thanks in advance.


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#14 JR7800

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Posted 15 April 2020 - 12:38 PM

Soutie, Sorry my prevous respose incomplet, was cut off for some reason.

 

Picked up shareshere and there, not at 1c unfortunately:

- Ascendis Health Bought at 63c     I think over long  term they will recover and get their debt sorted out.

- Brait  R3.50 (bought today) Long term view. The rich are not going anywhere and based on 2008 QE the rich only got richer so I think they will recover

- Nampak - On my watch list - Want to buy this below R1.30 currently at R1.70. I think they will be able to restructure debt and will then be ok in long run

- Tongaat-Hulets - On my watch list - Want to buy this below R2 currently at R2.84. I think they will be able to restructure debt and will then be ok in long run

- EOH - On my watch list - Want to buy this below R2 currently at R3.09. I think they will be able to sort out issues and generate new (bribe free) revenue over long term will then be ok in long run

- Aveng - Bought at 2c. Pure gamble. Hoping that infrastructure spending will pick up as part of plans to stimulate the economy (even if it is with borrowed money) and they are one of but a few construction companies left to get the tenders

- Curro Bought at R4.95. Hopeing to top up again at aroun R8

- Mittal steel Bought 55c. Gamble. Hoping infrastructure spending will pick up

- Imperial Holding Bought at R27. Once recovery takes hold people will buy cars again and logistic will pick up.

- PPC On my watch list - Want to buy this below R1.20 currently at R1.59. Gamble. Hoping infrastructure spending will pick up

- MTN On my watch list - Want to buy this below R35 currently at R49.74. Gamble. Although all prices data/voice are falling I think volume/usage growth in data will make up for it in long run.

 

Some will make money and some will lose. Hopefully the winners make more than the losers.


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#15 JR7800

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Posted 15 April 2020 - 12:23 PM

Morning JR..

Has your buying spree started & yeah with what & more so what's on the watchlist & why....?

Only if you care to share.... :)

Cheers.

Soutie,

 

Picked up shareshere and there, not at 1c unfortunately:

- Ascendis Health 63c     I think over long  term they will recover and get their debt sorted out.

- Brait  R3.50 (bought today) Long term view. The rich are not going anywhere and based on 2008 QE the rich only got richer so I think they will recover

- Nampak - On my watch list - Want to buy this below R1.30 currently at R1.70. I think they will be able to restructure debt and will then be ok in long run

- Tongaat-Hulets - On my watch list - Want to buy this below R2 currently at R2.84. I think they will be able to restructure debt and will then be ok in long run

- EOH - On my watch list - Want to buy this below R2 currently at R3.09. I think they will be able to sort out issues and generate new (bribe free) revenue over long term will then be ok in long run

- Aveng


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#16 soutie

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Posted 15 April 2020 - 08:50 AM

So, looks like the world has decided all shares has a value of Zero rand.

 

I will thus sit back, keep calm and buy a lot of shares at 1c and retire by 2025 when everything is at their peak again and everyone realised it is not the end of the world.

 

Morning JR..

Has your buying spree started & yeah with what & more so what's on the watchlist & why....?

Only if you care to share.... :)

Cheers.


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#17 soutie

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Posted 14 April 2020 - 01:35 PM

Watched a WALL of money flood into Woolies this morning given the extension.... logic should have been short...Ditto MrPrice....

Both on strong upwards buying....Well for today anyway...


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#18 Shi

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Posted 10 April 2020 - 12:20 PM

Wonder if the JSE had the lockdown extension priced in. 


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#19 soutie

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Posted 07 April 2020 - 01:28 PM

& Shoprite.....WTF...? I have no answers to today's trading pattern....


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#20 soutie

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Posted 02 April 2020 - 10:53 AM

Any comments on the HUGE reversal in financials.....?

Is it sustainable....? looking at the Rand it's losing 2% a day...

Dead cat bounce & equally HUGE sell off coming...?   But when to load up the shorts...?

I can't figure how FNB isn't included in this rally to the same degree.


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