Stock Picks - Darlings and Dogs

How successful have you been in trading your own equities, etfs and funds ?

  • Extremely successful (make a living off my takings)

    Votes: 4 1.9%
  • Beating passive investment returns

    Votes: 97 47.1%
  • About par with normal returns from banks and money markets

    Votes: 39 18.9%
  • Lost a few pennies of spare cash to play with

    Votes: 21 10.2%
  • Should have rather left my money in the bank

    Votes: 17 8.3%
  • Took a knock

    Votes: 16 7.8%
  • Cremated

    Votes: 12 5.8%

  • Total voters
    206

SoldierMan

Executive Member
Joined
Aug 3, 2019
Messages
7,415
I'm actually surprised that the price of silver has been so low for so long. Silver is used in other areas apart from money and jewellery in which it is never recovered, so the supply of silver is always decreasing unlike gold.

But then you always have to factor in the manipulators. But now even the likes of JP Morgan are buying loads of silver, so who knows maybe they will be manipulating the price up instead on down for a change, or maybe just taking their hands off and leaving it to rise on it's own.
 

Kashman

Active Member
Joined
Jan 13, 2019
Messages
49
Hi Everyone, Not sure if this is the right forum but can someone tell me what the difference is in investment classes? Looking through some factsheets and I see a Class A and a Class R with difference in TER. Other than the fees, is there a fundamental difference I should be aware of?
 

BBSA

Honorary Master
Joined
Jul 11, 2005
Messages
17,021
I'm actually surprised that the price of silver has been so low for so long. Silver is used in other areas apart from money and jewellery in which it is never recovered, so the supply of silver is always decreasing unlike gold.

But then you always have to factor in the manipulators. But now even the likes of JP Morgan are buying loads of silver, so who knows maybe they will be manipulating the price up instead on down for a change, or maybe just taking their hands off and leaving it to rise on it's own.
Hope you had some silver in your portfolio.
 

saturnz

Honorary Master
Joined
May 3, 2005
Messages
16,669
my silver and oil picks have gone crazy the past two months

now I just have to wait for stocks to start their fall, maybe that happens later today should the FED say something that doesn't go down well.

I'm already short on the NASDAQ
 

3WA

Honorary Master
Joined
Sep 25, 2012
Messages
12,186
What the hell is Europa Metals and why is it shooting up?
 

saturnz

Honorary Master
Joined
May 3, 2005
Messages
16,669
Yip wanted to buy silver a month ago but not sure which mines / companies invest in it.. Looks like a pump and dump from 17,26 to 80,00 down to 17

you can just buy a silver contract or bet on it going up
 

Ishould_BeWorking

Well-Known Member
Joined
Dec 5, 2019
Messages
368
Some positive news for Shoprite, hope this fuels a recovery in the price


''Shoprite ups sales and market share despite pandemic
Rise in average basket spend outweighs drop in customer visits

03 AUGUST 2020 - 08:10 KARL GERNETZKY

Shoprite, the owner of Checkers and Usave stores, says it gained market share during the lockdown, with sales growing despite a reduction in traffic at its stores.

Group sales rose 6.4% to about R156.9bn in the 52 weeks to June 28, the group said in a trading update, with customer visits declining 7.4%, while average basket spend increased 18.4%.

Market share figures, which are only available up to end-May, reflect consecutive monthly market share gains for the past 15 months, Shoprite’s trading update reads.

“SA Covid-19 lockdown regulations implemented from March 27 restricted trade in several categories within our supermarket business and as such, affected the business differently at different times,” the group said.

“However, across the board, our Checkers, Checkers Hyper, Shoprite and Usave brands performed admirably in what can only be described as incredibly difficult conditions for our employees and customers.”

Shoprite, which has a market capitalisation of R61.8bn, said on Monday it is writing down its businesses by R1.3bn due to a deteriorating outlook. This largely affected operations outside SA, and its furniture business.

The group’s furniture segment, representing 3.5% of group sales, reported a decline in sales of 11.9% for the year.

Adjusted basic headline earnings per share is expected to rise as much as 25.7%, Shoprite said. This figure is adjusted to exclude the after-tax effect of exchange rate gains or losses and the impact of hyperinflation. It also includes once-off Covid-19 costs.''
 

L-Dog

Expert Member
Joined
Oct 25, 2017
Messages
2,016
Yip Bad BEEE deal in 2008 cost them although I don't quite understand the transaction funding and why the amount is so high

 
Joined
Mar 6, 2004
Messages
35,773
Well done all those who got into gold (not me)...highest price ever I believe.

But the one instrument to "invest in gold" - the ABSA New Gold ETF - hasn't had as a spectacular rise as the gold price itself.
 
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