Stock Watch [Disclaimer: "by non-registered amateurs"]

[Thor]

What did I miss?

New finance pion.

Eskom conveniently signed off on a few deals that Gordhan blocked.

Was in the Sunday times this morning.

 

[dj2381]

I see Discovey is down 5% the last week, is it a good time to buy?

 

[HunterNW]

I see Discovey is down 5% the last week, is it a good time to buy?

According to an investor advisor on stockwatch buy @ R128....

 

[Thor]

Always a good time to buy discovery

 

[dj2381]

I see it's at R129 atm, might as well buy now, is there any indication when they are launching Discovery Bank?

 

[Thor]

I see it's at R129 atm, might as well buy now, is there any indication when they are launching Discovery Bank?

None yet, that I'm aware of.

 

[Hamster]

I see it's at R129 atm, might as well buy now, is there any indication when they are launching Discovery Bank?

IIRC first phase is supposed to be Oct this year and a second phase to onboard consumers only a year after that. My info is old though and because of tenders etc. the timelines can swing any way. Experience tells me stuff like this is never delivered on time though

 

[dj2381]

IIRC first phase is supposed to be Oct this year and a second phase to onboard consumers only a year after that. My info is old though and because of tenders etc. the timelines can swing any way. Experience tells me stuff like this is never delivered on time though

Thanks, would be interesting to see what happens with the price in October.

 

[Hamster]

Thanks, would be interesting to see what happens with the price in October.

Don't read too much into the October deadline

 

[dj2381]

TAW to the mooooon! I don't see how it could carry on for much longer, it's making me nervous for the opening.

 

[HunterNW]

TAW to the mooooon! I don't see how it could carry on for much longer, it's making me nervous for the opening.

Yep.. I sold at R4.50.... Waiting for the drop, then buy in again.

 

[akescpt]

Yep.. I sold at R4.50.... Waiting for the drop, then buy in again.

what drop? is the world going to stop needing lithium?

i want to buy in. is the consensus there are no more legs?

 

[Hamster]

what drop? is the world going to stop needing lithium?

i want to buy in. is the consensus there are no more legs?

The 8% drop today? Currently at 420

 

[HunterNW]

The 8% drop today? Currently at 420

Yep... A drop like that.....

 

[akescpt]

The 8% drop today? Currently at 420

that graph from the last three months is ridiculous though. missed this damn boat. 60c to 4.50 was brilliant. dont think 8% is enough. where is this share headed. its acquisitions look good. lithium should be bullet proof but i haven't went so far as to check if their lithium is ending up in smartphones.

 

[HunterNW]

that graph from the last three months is ridiculous though. missed this damn boat. 60c to 4.50 was brilliant. dont think 8% is enough. where is this share headed. its acquisitions look good. lithium should be bullet proof but i haven't went so far as to check if their lithium is ending up in smartphones.

The do have a contract to supply Samsung I think...

 

[dj2381]

that graph from the last three months is ridiculous though. missed this damn boat. 60c to 4.50 was brilliant. dont think 8% is enough. where is this share headed. its acquisitions look good. lithium should be bullet proof but i haven't went so far as to check if their lithium is ending up in smartphones.

13% now, hopefully another 10% then i'll buy back in.

 

[FoXtroT]

Yeah, I've sold TAW. It looked liked it was plateauing and this morning's drop confirmed my decision. Anyway, got a good 75% return in a week

 

[The_Mowgs]

I tried to sell now but could only sell to an amout of R1205 and then I only received R756??? Why is that?

 

[akescpt]

I tried to sell now but could only sell to an amout of R1205 and then I only received R756??? Why is that?

EE?