True, but KAP is solid.
That said the fact that Santova doesn't own any physical trucks and logistical expenses and stuff is great as they operate as an overlord which makes them quote profitable I presume?
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Small caps to watch?
- Thread starter Papsak
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True, but KAP is solid.
That said the fact that Santova doesn't own any physical trucks and logistical expenses and stuff is great as they operate as an overlord which makes them quote profitable I presume?
Not sure exactly - if I can remember they also have some good software - not sure if they just use it or sell it/licence it as well. But a fair amount of their earning come from overseas I think - so there is the rand hedge element.
Good move, have you started your TFSA yet? If not, start one with ABSA or EE, and keep your Indi in there and pay no dividend/income and CGT taxes.
That is what I meant they don't do physical logistics like KAP, like the oil price wont have such a big effect on them directly as it would on KAP
Noseworthy
Expert Member
YUP!
Hey guys, noob here so please excuse me! What platform do you guys use to trade? I have signed up with Standard Bank Online Share Trading so I'm gonna go with that for now. I'm trying to look for one with lowest brokerage fees etc because I intend to trade frequently. Also I'm going to start with around 10k, should I spread them between 5 shares? What would you suggest? (And which ones). Thanks in advance.
Unpossible
Well-Known Member
If I remember correctly, about 50% of their earnings is from offshore.
Thanks bud! will have a look now.
So I dived in on the frequently mentioned curro after checking up on this Jannie Mouton character and the company itself.It looks good so 60 shares for now and and some Discovery to .Here's hoping ANC don't decide to force free education on every institution .
Can't go wrong with Oom Jannie
Firstly, you need to ask if you're self a few question - it can be fairly costly, and a hassle, to move your portfolio later on
1) Are you putting together a long term portfolio or do you plan to start day trading
2) how much will you be investing every month
EE is nice for small amounts as there is no minimum fee - for almost everyone else, because of the fees, R5K per trade would be probably be minimum for long term (some say 10 or 20). Most have real time trading when you are making the purchase as well as being able to see and set your buy/sell price. With EE all trades are 15 minutes delayed and you cannot set your buy/sell price - you will, of course, see what you will get. EE was not set up for day traders looking for a few point here and there, but could probably be used if you where dipping your toes into the water and where looking to trade on a weekly bassis. Days trader though, normally leverage their money and use CFD's - using IG, GT247, PSG or other more advanced platforms. There is, of course, I lot more risk involved.
EE did have a few teething problems initially (mainly due to dividend payments), but on the whole these have been ironed out - nothing comes close to it when it comes to low cost - there is a pretty poor FNB offering with very limited chose. The nice thing with EE is you really can start putting R100 p/m away into shares - no problem.
For you with R10K - the rule I follow for myself is no more than 10% in small caps and diversify between sectors and countries. IF you stay with standard you might get away with 2 trades, but with EE I would start building up positions in 9 mid/large caps and two small caps. IMO
BTW - like Thor have a referral to EE link - gives me a couple of bucks! http://bit.ly/1Z0isWP
I think, for most people, putting there long term portfolio in EE then at a later stage opening a separate account for CFD's and trading is a good way to go. Keeping them separate makes tax (individual vs CGT) a lot easier.