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

[Thor]

Quick question.. would you guys pull out all your shares even though 90% of mine is in the Red since this Junk Status.. or is their still chance it will go up again and when? Or will it continue to go down, I have R400 Loss.. probably not much but still not sure what to do.. keep and hope it will go up again or pull out now before it gets worse?

Reason for asking is.. Would you rather take the money out and put it towards your Bond Payment on your Home Loan.

What shares to you have atm?

For me that would be the deciding factor

 

[Shirou]

What shares to you have atm?

For me that would be the deciding factor

Nu-World (Only One in Green), Capitec, Discovery, PLG Schools, Ecsponent Limited, African Phoenix Investments Limited, Visual International Holdings Limited

And then I have those 3 Mentioned in your E-Book for TFSA

 

[Thor]

Keep it. Wait. Why do you have Nu world?

 

[Shirou]

Keep it. Wait. Why do you have Nu world?

haha.. was asked the same on Platinum Wealth, and was told to sell them.. So i have done so But made such a loss.. as i did not check the buy/sell Ratio, sold it with like a R10 Lost per share, not happy with that, at least I've learned from that mistake.

 

[Greglsh]

Thor can you tell me whats going on with DCP and DSY, each of them are down +_ 6.5% on my side and SHP is down 8.5% and they started dropping before Zupta opened his mouth?

 

[Thor]

haha.. was asked the same on Platinum Wealth, and was told to sell them.. So i have done so But made such a loss.. as i did not check the buy/sell Ratio, sold it with like a R10 Lost per share, not happy with that, at least I've learned from that mistake.

Hahaha Eish that's sad. How did you end up with nuworld

 

[Thor]

Thor can you tell me whats going on with DCP and DSY, each of them are down +_ 6.5% on my side and SHP is down 8.5% and they started dropping before Zupta opened his mouth?

I will need to read up tonight then I'll come back to you. ( don't know off my head)

 

[Greglsh]

No Problem, I did find some info about SHP being over bought but not sure what that means and not sure if would drive it down so far? Thanks

 

[Idiosyncratic]

Quick question.. would you guys pull out all your shares even though 90% of mine is in the Red since this Junk Status.. or is their still chance it will go up again and when? Or will it continue to go down, I have R400 Loss.. probably not much but still not sure what to do.. keep and hope it will go up again or pull out now before it gets worse?

Reason for asking is.. Would you rather take the money out and put it towards your Bond Payment on your Home Loan.

Personally, and I'm sure many here would disagree, I'd rather pay off debt than hold on to shares. Yes, there's good debt and bad debt, but most debt is enslaving, so getting rid of that is always a priority for me. If I'm starting a business with limited liability, then sure, debt isn't something I'd worry about, but this case is different.

 

[Swa]

Quick question.. would you guys pull out all your shares even though 90% of mine is in the Red since this Junk Status.. or is their still chance it will go up again and when? Or will it continue to go down, I have R400 Loss.. probably not much but still not sure what to do.. keep and hope it will go up again or pull out now before it gets worse?

Reason for asking is.. Would you rather take the money out and put it towards your Bond Payment on your Home Loan.

I pulled out of most of my financial and resource shares. If you waited up to now it's probably too late as they seem to be recovering/fizzling out so you'll only take the loss.

Nu-World (Only One in Green), Capitec, Discovery, PLG Schools, Ecsponent Limited, African Phoenix Investments Limited, Visual International Holdings Limited

And then I have those 3 Mentioned in your E-Book for TFSA

PLG and AXL I'm keeping. Those are the 2 big tickets down the line.

 

[Shirou]

Hahaha Eish that's sad. How did you end up with nuworld

Seen from articles from https://www.sharenet.co.za/ that Nu-World was the new thing and best to invest in them, made like a R700 loss now by selling it, lol.. oh well.

 

[Shirou]

Personally, and I'm sure many here would disagree, I'd rather pay off debt than hold on to shares. Yes, there's good debt and bad debt, but most debt is enslaving, so getting rid of that is always a priority for me. If I'm starting a business with limited liability, then sure, debt isn't something I'd worry about, but this case is different.

I pulled out of most of my financial and resource shares. If you waited up to now it's probably too late as they seem to be recovering/fizzling out so you'll only take the loss.


PLG and AXL I'm keeping. Those are the 2 big tickets down the line.

Thanks for the feedback guys, appreciate it.. taking it all in and helping me to make choices for sure

 

[Swa]

Seen from articles from https://www.sharenet.co.za/ that Nu-World was the new thing and best to invest in them, made like a R700 loss now by selling it, lol.. oh well.

That was before tv-gate. :crylaugh:

 

[Shirou]

That was before tv-gate. :crylaugh:

Yea, haha it was.. but i did not bother to pull out ;/

 

[Papsak]

9700 MDI's sold at 29c each - usual price around 1700 a quick R165K for someone(s) - someone else, ouch!

 

[Thor]

Seen from articles from https://www.sharenet.co.za/ that Nu-World was the new thing and best to invest in them, made like a R700 loss now by selling it, lol.. oh well.

Oh damn dude! ! A loss like that is aweful I can only imagine. Just stay at it perhaps that's your lesson.

I lost quite a bit as well in the beginning I bought Exxaro at the high in end 2014.

 

[Shirou]

Oh damn dude! ! A loss like that is aweful I can only imagine. Just stay at it perhaps that's your lesson.

I lost quite a bit as well in the beginning I bought Exxaro at the high in end 2014.

I bought Nu-World 1 Month ago for R36 Per Share.. sold today for R26 Per Share.. did not see.. even though it said on EE I have R240 Profit in the green on the portfolio.. So i then though let me sell it while it shows green.. after i sold everything i noticed.. WTF I made a loss here and not profit.. then i noticed the Buy / Sell Price per share is like R10 apart, this is quiet strange? So i took a real beating here.

 

[Thor]

I bought Nu-World 1 Month ago for R36 Per Share.. sold today for R26 Per Share.. did not see.. even though it said on EE I have R240 Profit in the green on the portfolio.. So i then though let me sell it while it shows green.. after i sold everything i noticed.. WTF I made a loss here and not profit.. then i noticed the Buy / Sell Price per share is like R10 apart, this is quiet strange? So i took a real beating here.

Ahhhh, horrid you got slapped with the spread. Fck me that happened to me as well, unfortunately that price is currently price the the market is willing to pay for the share there's a explanation of it here somewhere and on PW but I'll need to go look

 

[Bundu]

I'm not with EE, but if I was, I would stay well clear of these illiquid stocks

 

[Swa]

Pembury really falling.