Share Investing Tips For 2013

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Stocks at month's low in risk rout


South African shares sank to a one-month low as investors globally dump risky assets such as emerging market stocks.

Overnight market talk of a hedge fund liquidating big positions in commodities, as well as worries the U.S. Federal Reserve could prematurely wind down its bond buying programme, has rattled investor sentiment around the world.

Just before midday, Johannesburg's Top-40 index was down 1.44% at 35502 and the wider All-Share index 1.29% weaker at 39906.

On Wednesday the stocks fell as shares of major mining companies including BHP Billiton and AngloGold Ashanti tumbled on disappointing earnings coupled with a drop in metal prices. The Top-40 index closed 0.84% lower at 36,022.45, and the All-share 0.75% down at 40,428.28.

"Everybody is quite nervous at this stage," said Martin Lentsoane, managing director of Lehumo Capital, a Johannesburg-based stockbroker said on Wednesday.

"We have seen the results out of the mining companies. They have just confirmed what we were expecting, which is the sector is under so much pressure with costs and the unrest."
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http://www.moneyweb.co.za/moneyweb-markets/stocks-at-months-low-in-risk-rout
 
Chris said:
CML going up and up! :D Hitting new 52 week highs..

Invested in Ellies a week or two @ 900c...now at 878c. Depressing.
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Chris. Here is a link to a page where stocks are discussed. Scroll down to the chart of CML and you will see a green line in the chart. This line is the 20 day moving average. CML almost always bounces off it when the price drops or corrects.
If it deviates too high above it, it will drop back down towards it. This does not apply to all stocks but does to CML.
It only breaks lower on very bad news. You can see from the chart that it needs to drop down somemore.

I will ask them for an analysis of ELI for next week.

http://www.sharechat.co.za/index.php/t/13310/
 
My portfolio manager recently recommeded selling my hudaco shares and purchasing mpact for a number of reasons. I have to admit that I dont know that much about mpact but so far so good. Cml has been a star in my portfolio for a number of years now.
 
retired said:
My portfolio manager recently recommeded selling my hudaco shares and purchasing mpact for a number of reasons. I have to admit that I dont know that much about mpact but so far so good. Cml has been a star in my portfolio for a number of years now.
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MPT December 2012 Final estimated to be released on Thursday , 07 March 2013.

On a high at this stage. Perhaps the results will be better than expected and he knows this.
 
Perhaps I can get some opinions on an overseas investment concern I have. One of my family members that have very little experience regarding investing recently sold out of one of the businesses they controlled and generated approximately B/Stg 580.000 which they currently have invested in a call account with Barclays earning no interest I believe. I suggested at the very least investing the B/Stg 500.000 in a share like SA Brews where even at a 3% dividend they would earn B/Stg 15.000 a year compared to zero. I would appreciate any other recommendations?
 
retired said:
My portfolio manager recently recommeded selling my hudaco shares and purchasing mpact for a number of reasons. I have to admit that I dont know that much about mpact but so far so good. Cml has been a star in my portfolio for a number of years now.
Click to expand...

http://www.sharechat.co.za/index.php/m/0/13310/60/#msg_13310

Scroll down to the Hudaco chart. You will see a "Head and Shoulder" pattern. When this pattern completes the right shoulder it more than likely falls. This is a very good example of a H&S that worked. Traders watch for patterns to get in or out of a stock.With a H&S, they sold hence the stock tanked. Perhaps this is what your broker saw?
 
marco said:
Chris. Here is a link to a page where stocks are discussed. Scroll down to the chart of CML and you will see a green line in the chart. This line is the 20 day moving average. CML almost always bounces off it when the price drops or corrects.
If it deviates too high above it, it will drop back down towards it. This does not apply to all stocks but does to CML.
It only breaks lower on very bad news. You can see from the chart that it needs to drop down somemore.

I will ask them for an analysis of ELI for next week.

http://www.sharechat.co.za/index.php/t/13310/
Click to expand...

See what I mean with CML and the 20 day Moving Average? Tried all day to break through it but couldn't. Kept bouncing off it.
 
marco said:
http://www.sharechat.co.za/index.php/m/0/13310/60/#msg_13310

Scroll down to the Hudaco chart. You will see a "Head and Shoulder" pattern. When this pattern completes the right shoulder it more than likely falls. This is a very good example of a H&S that worked. Traders watch for patterns to get in or out of a stock.With a H&S, they sold hence the stock tanked. Perhaps this is what your broker saw?
Click to expand...

Thanks for that. Apparently Hudaco also have quite an issue with SARS that needs sorting out.

http://www.bdlive.co.za/business/in...-slaps-hudaco-with-r1.93bn-tax-for-bee-scheme
 
Good bounce off the 20 SMA don't you think retired? I can give you a website where you can get free graphs with the 20MA if you want. You can watch CML and predict it's every move.
 
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retired said:
That would be great. Thanks.
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Sorry for the delay.
http://www.reuters.com/finance/stocks

On the above website. In the "Search Stocks" type CMLJ.J (j.j is the code for JSE) Enter.
Click on the correct code that comes up. CMLJ.J should be the only one.
A daily chart will open. Now click on the "Charts" box.
A 3 mos chart will open.
Now click on "Overlays" and check the box "Simple Moving Average".

You must select 6 mos or 1 year chart to follow the chart action against the SMA. You will see how it behaves towards the sma in the fact that it likes to hug it.
Too high and it drops back again sometimes slightly overdone but quickly corrects.
This makes CML easier to predict.

Now you can compare CML to any other stock or stocks in your portfolio by clicking on "Compare" and enter the code one at a time in the box with the J.J.
It will now be in percentage and not price.
 
marco said:
Sorry for the delay.
http://www.reuters.com/finance/stocks

On the above website. In the "Search Stocks" type CMLJ.J (j.j is the code for JSE) Enter.
Click on the correct code that comes up. CMLJ.J should be the only one.
A daily chart will open. Now click on the "Charts" box.
A 3 mos chart will open.
Now click on "Overlays" and check the box "Simple Moving Average".

You must select 6 mos or 1 year chart to follow the chart action against the SMA. You will see how it behaves towards the sma in the fact that it likes to hug it.
Too high and it drops back again sometimes slightly overdone but quickly corrects.
This makes CML easier to predict.

Now you can compare CML to any other stock or stocks in your portfolio by clicking on "Compare" and enter the code one at a time in the box with the J.J.
It will now be in percentage and not price.
Click to expand...

Thanks a lot. Yeah CML definitely had a spike in the latter part of Jan but has since corrected and looks to be steadily climbing which is great. Nota share I would be in any hurry to sell. :)
 
Why do you say that DJ? Give us your input please.
 
Well. It seems that I cannot use Quotes due to my infractions but please explain what is suspicious alf. DJ refuses.
This is not my thread so please don't start an argument here.
 
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