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

Toothless

Banned
Joined
Oct 28, 2015
Messages
1,106
True point... I never know when stuff finally hit bottom

Neither do I. But, I agree with you, if one can wait out the urge to throw money at the markets, you could by end of 2016 get shares at huge bargains. Big question, however, is when will they hit rock-bottom. Also, will the exchange survive a drop to junk, with virtually no foreign investors? I wonder what consequences such downgrade will have on the exchange, money already invested.

I am looking to build myself a new portfolio to invest in next year, but only for the year. I am busy looking at companies who performed the past 2-4 years constantly. Yes, I know that past performance does not dictate future success, but I think our economy is at a point where this may actually just have turned around.

I think the few companies who withstood the economical and political landscape we saw in 2015, actually may have a good chance of success in 2016.
 
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techead

Honorary Master
Joined
Apr 11, 2008
Messages
12,187
markets are pretty quiet this time of the year, quite frustrating when there isnt much work to do :)
 

Toothless

Banned
Joined
Oct 28, 2015
Messages
1,106
I am still confused but happy that my Lonmin shares are on the rise. I see Lonmin is about to hit R19

Just remember that there is quite a lot of volatility in Lonmin at this time after the consolidation. They issued a Sense on this. While all other platinum stocks are falling today, Lonmin is climbing, but this has all to do with the consolidation. I think it will start leveling out by next week. From then it will be interesting to see what happens.
 

thehuman

Expert Member
Joined
Nov 2, 2004
Messages
4,240
Hiked Wednesday and Thursday 3 km round trip to try find cellphone signal to check on stocks. Was a nice walk in nature too atleast :)
 

johnjm

Expert Member
Joined
Jul 26, 2005
Messages
2,541
Sold the sasol and woolies shares today. 12% realised in 2 weeks. The lonmin shares are now in the black but I have a feeling they will do another 10% tomorrow.
 

thehuman

Expert Member
Joined
Nov 2, 2004
Messages
4,240
R8 loss yesterday r8 gain today
If only jse would not close early , lonmin uk is up 9% :(
 

FrankieK

Senior Member
Joined
Jan 14, 2015
Messages
819
Maybe one day I'll be involved in something like this:

Screen Shot 2015-12-31 at 7.09.08 PM.png

Hope y'all have a prosperous 2016!!!
 
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syfret

Well-Known Member
Joined
Dec 4, 2015
Messages
219
AMEX... I found it on MS Money. Seems Lucas Energy (LEI) has signed deals to purchase new oil and gas properties and the share price sky-rocketed on the back of that.
 

Swa

Honorary Master
Joined
May 4, 2012
Messages
31,215
Tongaat has hit another dip. So only if you are willing to hold out for years. On the other hand Aquarius Platinum has been outperforming for several months now
 
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