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Re: KIO [message #85010] Mon, 12 March 2012 14:19 Go to previous messageGo to next message
orca  South Africa
Messages: 1595
Registered: December 2005
Location: Cape Of Good Dope
Senior Member
drummer wrote on Mon, 12 March 2012 13:33


Yup! But they must be reasonable quality.

I have Kio,Cml,Vod,mml

Cool Cool Cool

Add AVI to that. The PE should be 14 not 18 as stated. Good defensive stock in this type of climate.
It will be a hedge if the others fall.

[Updated on: Mon, 12 March 2012 14:22]

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Re: KIO [message #85011] Mon, 12 March 2012 14:44 Go to previous messageGo to next message
drummer  South Africa
Messages: 152
Registered: February 2008
Location: Cape Town
Senior Member

Orca,

I totally agree, and have been trying to buy AVI the past ten days - but the price has moved nearly 10% - must now wait for a pullback! last 3 yrs has moved sideways or down til June. Will watch for an opportunity.

Cool Cool Cool
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Re: KIO [message #85012] Mon, 12 March 2012 15:01 Go to previous messageGo to next message
ClockworkOrange  South Africa
Messages: 589
Registered: January 2011
Senior Member
drummer wrote on Mon, 12 March 2012 14:44

Orca,

I totally agree, and have been trying to buy AVI the past ten days - but the price has moved nearly 10% - must now wait for a pullback! last 3 yrs has moved sideways or down til June. Will watch for an opportunity.

Cool Cool Cool


Still beating myself up for dumping AVI at measly 12% profit last year. It went up 66% since I bought it.
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Re: KIO [message #85013] Mon, 12 March 2012 15:03 Go to previous messageGo to next message
orca  South Africa
Messages: 1595
Registered: December 2005
Location: Cape Of Good Dope
Senior Member
drummer wrote on Mon, 12 March 2012 14:44

Orca,

I totally agree, and have been trying to buy AVI the past ten days - but the price has moved nearly 10% - must now wait for a pullback! last 3 yrs has moved sideways or down til June. Will watch for an opportunity.

Cool Cool Cool

And to think I sold this share last week to buy a big chunk of SOL futures. The good results today dropped SOL -1%???
Now I have to marry it.
Once in a while AVI gives a short lived dip that you have to watch for to get in.
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Re: KIO [message #85334] Mon, 19 March 2012 10:42 Go to previous messageGo to next message
Katanator  South Africa
Messages: 5
Registered: March 2012
Junior Member
Hey guys,was just looking at some share data for kumba from my source and noted that their NAV is only R49, is this possible and if so can anyone explain why this is so low in relation with the share price
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Re: KIO [message #85455] Thu, 22 March 2012 10:18 Go to previous messageGo to next message
hanzo  South Africa
Messages: 466
Registered: December 2009
Location: Cape Town
Senior Member
reason for major drop in share price?
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Re: KIO [message #85462] Thu, 22 March 2012 10:32 Go to previous messageGo to next message
hdbb  South Africa
Messages: 2222
Registered: August 2009
Location: By the sea
Senior Member
plenty more drop still to come..Iron ore demand falling from China and ore prices comming dowwn too!! Watch BIL and Exx fall too!!

hdb
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
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Re: KIO [message #85463] Thu, 22 March 2012 10:33 Go to previous messageGo to next message
nosh  South Africa
Messages: 498
Registered: July 2007
Senior Member
Iron ore demand to be flat in short to medium term, I think thats the reason.
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Re: KIO [message #85464] Thu, 22 March 2012 10:38 Go to previous messageGo to next message
nosh  South Africa
Messages: 498
Registered: July 2007
Senior Member
thinking of adding more KIO to my port.
Good idea, bad idea?
Good entry level?

Thanks in advance

Nosh
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Re: KIO [message #85469] Thu, 22 March 2012 10:51 Go to previous messageGo to next message
jaDEB  South Africa
Messages: 2720
Registered: February 2006
Location: Boksburg
Senior Member
The last time BIL was at a PE ratio of 7, the neanderthal man bought some. I think I will follow his guidance.

jaDEB

I got my heebie-jeebies in a hidden bag

Oasis




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Re: KIO [message #85471] Thu, 22 March 2012 10:55 Go to previous messageGo to next message
nosh  South Africa
Messages: 498
Registered: July 2007
Senior Member
hdbb

So wait?
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Re: KIO [message #85474] Thu, 22 March 2012 11:12 Go to previous messageGo to next message
hdbb  South Africa
Messages: 2222
Registered: August 2009
Location: By the sea
Senior Member
nosh wrote on Thu, 22 March 2012 10:55
hdbb

So wait?


Nosh KIO is an extra ordinary share..Alyhough demand may fall from China they said they will ramp up production because at moment in their case demand exceeds supply.. ie all there ore mined is being sold because of their quality. So even ifore prices fall they will compensate that be increasing sales.

Having said that, the market is hitting down all iron ore companies. So i will wait for the right time to get in. I see more downside in short term. You could nibble on some at R500.00 and then more at around R480.00 where it had good support!!

hdb
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
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Re: KIO [message #85475] Thu, 22 March 2012 11:13 Go to previous messageGo to next message
nosh  South Africa
Messages: 498
Registered: July 2007
Senior Member
hddb
thanks so much!
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Re: KIO [message #85485] Thu, 22 March 2012 12:22 Go to previous messageGo to next message
FJ  South Africa
Messages: 133
Registered: January 2010
Location: South Africa
Senior Member
hdbb wrote on Thu, 22 March 2012 11:12
nosh wrote on Thu, 22 March 2012 10:55
hdbb

So wait?


Nosh KIO is an extra ordinary share..Alyhough demand may fall from China they said they will ramp up production because at moment in their case demand exceeds supply.. ie all there ore mined is being sold because of their quality. So even ifore prices fall they will compensate that be increasing sales.

Having said that, the market is hitting down all iron ore companies. So i will wait for the right time to get in. I see more downside in short term. You could nibble on some at R500.00 and then more at around R480.00 where it had good support!!


Demand from china isn't falling its still going to grow at 100 million tonnes for the year.

The rate at which demand is growing is falling though.

But hey, if you buy 500 million tonnes this year (after growing 10% last year) and you say you'll only grow demand by 7% this year it can't be that bad right?
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Re: KIO [message #85526] Thu, 22 March 2012 16:13 Go to previous messageGo to next message
drummer  South Africa
Messages: 152
Registered: February 2008
Location: Cape Town
Senior Member
After Aug 10 Int Div price dropped 18% in 2 wks - recovered !

After Mar 11 Final Div price dropped 15% in 2 wks - recovered !

After Aug 11 Int Div price dropped 15% in 5 wks - recovered !

After Mar 12 Final Div price drop to ?? (maybe 490)

Then - RECOVER ??

(makes you think !!)

Cool Cool Cool Cool
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Re: KIO [message #95532] Fri, 01 June 2012 09:06 Go to previous messageGo to next message
hdbb  South Africa
Messages: 2222
Registered: August 2009
Location: By the sea
Senior Member
Somethings happening here??? Rolling Eyes Rolling Eyes Rolling Eyes

Good volumes in opening auction and was up R19.00???

[Updated on: Fri, 01 June 2012 09:11]

hdb
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
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Re: KIO [message #95533] Fri, 01 June 2012 09:13 Go to previous messageGo to next message
nosh  South Africa
Messages: 498
Registered: July 2007
Senior Member
yes. I wonder whats up?
Guys who got in at R503 just week or so ago are up 8-9%.
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Re: KIO [message #95534] Fri, 01 June 2012 09:15 Go to previous messageGo to next message
nosh  South Africa
Messages: 498
Registered: July 2007
Senior Member
institutional buyers?
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Re: KIO [message #95535] Fri, 01 June 2012 09:26 Go to previous messageGo to next message
hdbb  South Africa
Messages: 2222
Registered: August 2009
Location: By the sea
Senior Member
nosh wrote on Fri, 01 June 2012 09:15
institutional buyers?


Maybe inside info on trading statement... Expect a good 6 months with rand at R8.50

hdb
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
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Re: KIO [message #95536] Fri, 01 June 2012 09:37 Go to previous messageGo to previous message
nosh  South Africa
Messages: 498
Registered: July 2007
Senior Member
Ya very possible.
their trading update usually comes out well ahead of results (due in July)
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