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

[buyeye]

Any views on the Acerlomittal rights offer?

The stock is trading at +-R3 and they offer a rights issue at R6,50 at a ratio of 1:1?

What am I missing here why would anyone want to pay more for a stock trading at half the price?

 

[Swa]

that's not what I'm saying - the share simply doesn't trade, so you can't easily get "in" or "out" - not something I would look at before trading picks up

It's not about the option of easily getting in or out. It's about energy having a good future in terms of monetary value for the foreseeable future at least with relatively little risk. So if you buy something like this it's for long term gain and not to easily buy or sell as price goes down or up.

 

[techead]

Harmony Gold Mining Company up 10% already this morning. Insane stuff.

closed 14.86 currently trading at 16.30

 

[Purply]

Same with Lonmin, up 7% already @ 1,704.00

 

[owl]

Sasol looks like a bargain at R357.

got out today for R428. Not bad for a 2 weeks work

 

[ActivateD]

Anyone have a reason why commodities seem like they are gradually rising? I see Lonmin is on a steady rise and Anglo?

 

[techead]

Anyone have a reason why commodities seem like they are gradually rising? I see Lonmin is on a steady rise and Anglo?

I asked the same question a few pages back. No answer...

 

[Bundu]

I asked the same question a few pages back. No answer...

if you take a look at how mining and especially plat mining has been beaten down over the past 3 years, I'm guessing the market is perhaps expecting some form of recovery - many producers are also downsizing now, which will hopefully drop supply below demand, to increase prices

 

[Dragonflower]

Can anyone explain the acl rights to me? I just logged into my easy equity account and apparently i have 33 which suddenly appeared. How does this work do you automatically get the rights allocated to you even though you didn't buy it?

 

[Bundu]

normally existing shareholders are allocated a certain number of rights shares, depending on how many normal shares they own at that stage - they then have the opportunity to buy these rights shares at the declared price and will then own them - if they don't buy them, they forfeit them

 

[Thor]

quite a bold claim?

Not really.

I aimed for R150, it is Jannie mouton after all

 

[Park@82]

Not really.

I aimed for R150, it is Jannie mouton after all

Kinda like your prediction that Lonmin would hit R2 a couple of weeks ago? Glad i didn't buy any

 

[Thor]

Kinda like your prediction that Lonmin would hit R2 a couple of weeks ago? Glad i didn't buy any

Yea, they went well pass R2

Hehehe, but in all seriousness luckily I sold at over R1 so made a k@k house of money which bought my xbox one

 

[Toothless]

My portfolio have average 0.6% gain per day for past 10 days . Today i had 1.5% best performing is curro , astoria , tiger brands , firstrand for me . Loosers purple , Balwin, lonmin

Your problem with Purple is that you went in too late. If you went in earlier in 2015, you would have seen a 30%+ increase on your investment for 2015 alone. http://www.sharecheck.net/share-index-results.php?term=PPE - you can also use the Investment Calculator to see what you would have made more or less.

 

[R13...]

So where are the "registered amateurs"?

 

[Toothless]

Sasol looks like a bargain at R357.

Sasol has been on a big decline mostly for the past 4 years. Would not touch them for now.

 

[Bundu]

Sasol has been on a big decline mostly for the past 4 years. Would not touch them for now.

I've been trading SOL over the past two months and made around R80k

 

[Toothless]

I've been trading SOL over the past two months and made around R80k

If you went into short 1-2 day trades, probably. But, October was a good month.

1 sept 2015 - 410.00
30 sept 2015 - 387.60
1 Oct 2015 - 397.17
30 Oct 2015 - 443.18
2 Nov 2015 - 447.00
30 Nov 2015 - 402.56
1 Dec 2015 - 404.00
14 Dec 2015 - 374.00

However, if you stayed in from September, you would have lost. Take a look at the prices above.

http://www.sharecheck.net/share-index-results.php?term=SOL

 

[Toothless]

http://www.fin24.com/Economy/sa-tops-2016-rating-watch-list-20151227

I think next year will be a bad year for investing and trading for South Africa. A lot of international investors already pulled investments and the JSE went into a huge dive. I think more will pull out of SA markets come 2016. News like that above, if we are rated junk, could see a huge collapse in the stock markets. Local investors alone will not be able to grow the economy and markets.

I suspect, this coming year, most bigger stocks will tumble. It may only be a few smaller stocks that could see an increase. But, they will be far and few between.

So, for everyone in local markets, good luck for 2016!

 

[Thor]

http://www.fin24.com/Economy/sa-tops-2016-rating-watch-list-20151227

I think next year will be a bad year for investing and trading for South Africa. A lot of international investors already pulled investments and the JSE went into a huge dive. I think more will pull out of SA markets come 2016. News like that above, if we are rated junk, could see a huge collapse in the stock markets. Local investors alone will not be able to grow the economy and markets.

I suspect, this coming year, most bigger stocks will tumble. It may only be a few smaller stocks that could see an increase. But, they will be far and few between.

So, for everyone in local markets, good luck for 2016!

A bad year means opertunity.

Look at 2009 big companies went on a yard sale