Easy Equities good or bad?

zerocool2009 said:
I moved some to my TFSA
The rest (juggled it between existing)

Added :
Jubilee Metals Group PLC
Ascendis Health Limited

Crossing fingers for the 2 new horses :)
Click to expand...
EE not allowing to sell Ascendis Health Limited. EE is behaving like Robinhood.
 
surface said:
EE not allowing to sell Ascendis Health Limited. EE is behaving like Robinhood.
Click to expand...
I see

"This security is currently only available for trading through a SELL INSTRUCTION. A SELL INSTRUCTION will execute within a reasonable time of the instrument becoming available on the platform again. This could be after the market has re-opened or when the particular instrument is unsuspended. For more information on SELL INSTRUCTIONS click here."

Clearly "Ascendis Health Limited" is a SA share ...
 
surface said:
EE not allowing to sell Ascendis Health Limited. EE is behaving like Robinhood.
Click to expand...

www.moneyweb.co.za

ASCENDIS HEALTH LIMITED – Proposed Transaction for the Recapitalisation of Ascendis Health and Further Cautionary Announcement - Sens

KEY HIGHLIGHTS • Ascendis Health is pleased to announce that it has entered into a Restructuring Support Agreement with the Forbearance Creditors to recapitalise and restructure the Group • The Group Recapitalisation addresses the Group’s unsustainable capital structure and...
www.moneyweb.co.za www.moneyweb.co.za
 
zerocool2009 said:
I see

"This security is currently only available for trading through a SELL INSTRUCTION. A SELL INSTRUCTION will execute within a reasonable time of the instrument becoming available on the platform again. This could be after the market has re-opened or when the particular instrument is unsuspended. For more information on SELL INSTRUCTIONS click here."

Clearly "Ascendis Health Limited" is a SA share ...
Click to expand...

Its now open to sell
 
cr@zydude said:
www.moneyweb.co.za

ASCENDIS HEALTH LIMITED – Proposed Transaction for the Recapitalisation of Ascendis Health and Further Cautionary Announcement - Sens

KEY HIGHLIGHTS • Ascendis Health is pleased to announce that it has entered into a Restructuring Support Agreement with the Forbearance Creditors to recapitalise and restructure the Group • The Group Recapitalisation addresses the Group’s unsustainable capital structure and...
www.moneyweb.co.za www.moneyweb.co.za
Click to expand...
Thanks, so it is suspended for this reason and now open once they are done ? It is open now as @zerocool2009 mentioned - thanks.
 
Prepaid tax:

If you buy a share, then get dividends on same.
Thereafter, the share drops. You sell at the point where you break-even - loss on share price equals dividend.

You now have a capital loss on the share and dividends (that have been already taxed).

Any profit on shares up to loss above incurs no capital gains...

Just a thought (in light of RMH dividend)...

Thoughts?
 
AirWolf said:
Prepaid tax:

If you buy a share, then get dividends on same.
Thereafter, the share drops. You sell at the point where you break-even - loss on share price equals dividend.

You now have a capital loss on the share and dividends (that have been already taxed).

Any profit on shares up to loss above incurs no capital gains...

Just a thought (in light of RMH dividend)...

Thoughts?
Click to expand...

I think the golden rule is to take divs out of the equation ... but rather work on the rule, you can have R40k gains when selling (looking at cgt), before you get taxed again. Thats how I see it
 
AirWolf said:
Thoughts
Click to expand...
This sounds doable but there are two issues I see:

* Transaction costs (Assuming there are costs)
* Timing

surface said:
my life on EE.

View attachment 1067569
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You aren't alone. I made bad decisions with my ZAR account that's dragging me down. My TFSA has only been in the positives for the last year. And my US account has been carrying the weight of everything. Overall I am still up 10%, but this week things are taking a serious beating.
 
So what is happening see everything is taking a dive some worse than others. So what are you guys doing?

1. Selling or sold before it crash.
2. Buying more of the same on the cheap.
3. Checking and investing into new stocks.
4. Waiting to see what will happen.
 
Quicks said:
So what is happening see everything is taking a dive some worse than others. So what are you guys doing?

1. Selling or sold before it crash.
2. Buying more of the same on the cheap.
3. Checking and investing into new stocks.
4. Waiting to see what will happen.
Click to expand...

Crash? I was there in March 2020.
 
Quicks said:
So what is happening see everything is taking a dive some worse than others. So what are you guys doing?

1. Selling or sold before it crash.
2. Buying more of the same on the cheap.
3. Checking and investing into new stocks.
4. Waiting to see what will happen.
Click to expand...
3 & 4
 
Quicks said:
So what is happening see everything is taking a dive some worse than others. So what are you guys doing?

1. Selling or sold before it crash.
2. Buying more of the same on the cheap.
3. Checking and investing into new stocks.
4. Waiting to see what will happen.
Click to expand...
A mixture of 2, 3, and 4. The bulk of my portfolio was bought to hold. But lately I have taken risks that have turned into bags. I have a mixture of hope and didn't expect things to happen in the short term, so even those I will carry on holding. I am waiting for money to come through because of other commitments, but when it does I'll be buying the dip if it's still around. Otherwise I'll be buying high :cool:
 
Quicks said:
So what is happening see everything is taking a dive some worse than others. So what are you guys doing?

1. Selling or sold before it crash.
2. Buying more of the same on the cheap.
3. Checking and investing into new stocks.
4. Waiting to see what will happen.
Click to expand...
2 and 4. :)

I believe the companies I've invested in are financially sound and will be able to ride the storm.
 
3WA said:
Crash? I was there in March 2020.
Click to expand...

If only I bought back then. I know it's not really a crash, but things are not looking good at the moment. I read somewhere most stocks were over valued and it's basically auto correcting? Don't know too much about it. Apparently people also on selling of fears of another world lockdown, India and covid stories.
 
Quicks said:
So what is happening see everything is taking a dive some worse than others. So what are you guys doing?

1. Selling or sold before it crash.
2. Buying more of the same on the cheap.
3. Checking and investing into new stocks.
4. Waiting to see what will happen.
Click to expand...
2
 
I am still confused about RMH. This share has been moving from 1.26 to 1.30 but volume traded per day is at least 10 million. Is it happening because of algorithmic (or something like that) trading?
 
surface said:
I am still confused about RMH. This share has been moving from 1.26 to 1.30 but volume traded per day is at least 10 million. Is it happening because of algorithmic (or something like that) trading?
Click to expand...
What is the historical volume on that stock?
 
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