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

[SZN]

I have been too greedy in the past trying to call a top and then waited too long, today I just felt like banking a reasonable profit and walk away. My feeling is that this rally was too aggressive as often happens on a Friday afternoon after such a week and that it might fall back on Monday, but who knows.

Congrats man, you made your money.

Now to do it all again

 

[Thor]

Shares on special lately

 

[Swa]

There was a 10:1 split in the shares

No there were 3 negative splits of 1:10. Iow they consolidated shares. But besides that the graphs show the price corrected for after the consolidation and it just kept dropping.

 

[Swa]

Shares on special lately

Got rid of Capitec and Curro as I don't see any turnaround in the near future.

 

[Thor]

Got rid of Capitec and Curro as I don't see any turnaround in the near future.

Big mistake.

 

[syfret]

Big mistake.

I'm with Thor on that one. I'm buying As much Curro as I can afford. I'm down a pretty sizable chunk on my portfolio but I'm feeling confident (read hopeful) that Curro will start climbing again once everyone has gotten their cr@p together

 

[Thor]

I'm with Thor on that one. I'm buying As much Curro as I can afford. I'm down a pretty sizable chunk on my portfolio but I'm feeling confident (read hopeful) that Curro will start climbing again once everyone has gotten their cr@p together

It's a yard sale Jannie's shares are on an absolute special I'm buying all the way down

 

[Swa]

Comments on jse:gai ?

GAIA Infrastructure Capital Ltd

Don't see much movement of shares or price. So the question is going to be what is their vision and the chance of the sector they're operating in seeing some good growth. They have a broad investment focus of general infrastructure so will probably see an average growth if they succeed. Like with Renergen could be worth it if you're willing to take the risk and invest long term.

 

[Swa]

Big mistake.

Could be the case with Curro. As for Capitec it's been falling for weeks now even when other banking shares were picking up again. Can always buy back when the price hits a low but only see my loss increasing over the next week or two at least.

I'm with Thor on that one. I'm buying As much Curro as I can afford. I'm down a pretty sizable chunk on my portfolio but I'm feeling confident (read hopeful) that Curro will start climbing again once everyone has gotten their cr@p together

And when will that be? That was my strategy to decrease average purchase price but it's only been falling the last week without having gained much before that.

 

[thehuman]

Also sold some of my curro . Will buy back later again . Got myself some sab shares

 

[syfret]

That's my portfolio right there. Bleeding big time on 4 of my 5 stocks. Going to buy some SGL on Monday in the hope that it'll continue heading north and bolster my capital balance a bit. I can't be wrong 100% of the time

 

[Swa]

Made the mistake of selling Aquarius when I thought it could be heading south. Ironically it's the only thing that looks like it's going to be heading up. Maybe I should buy an equal share in Sibanye as well.

 

[Thor]

I spoke to a friend who works at the JSE. He told me on Wednesday that the specials are yet to come. Apparently there is a huge and continuous sell off of shares by international investors. Billions already left the country the past 2 weeks. He said the sell off is massive and share prices will continue to fall. The main cause, they suspect, is in anticipation of the possible junk rating later this year. We will read more about this soon.

I also spoke to him in regards to investing in ETFs locally and abroad. He gave me a stern warning against investing in ETFs abroad, especially in the US. His reason was that ETFs were artificially outgrowing the original company shares in the basket. While some companies under performed and other only increased slightly, ETFs grew massively. He warned me against a bubble that is about the burst and billions of dollars that will be lost.

So, as for me, not sure I want to be caught up in any markets at this point in time.

Any speculation on the JSE already reflected in the price.

As for ETFs abroad, all depends on what index they tract. Some indexes will burst others won't.

As for me, I'm buying the quality to big to fail companies that's on special

I'm also buying Reinet Investments to get exposure to British American Tobacco who benefits from the weak Rand.

Then I also buy Remgro for mediclinic and their prospects for 2016

Lastly I also buy Firstsrand which is on a fire sale! And their capital surplus should make for some innovative acquisitions in 2016 and expansion into Ghana.

 

[akescpt]

List of Janine's shares?

 

[syfret]

NEWUSD ETNs look to be a good and simple option if you're simply looking for a Rand hedge. I guess one would need to look at the fees involved and decide which option is most cost effective... FNB Global or NewWave USD ETNs.

 

[Thor]

I think he is actually correct.

http://www.iol.co.za/business/markets/equity-fund-exodus-continues-1971681 - $5.7 trillion already wiped off international stocks to date. South Africa will not release their figures due to fears of a collapse. Stock markets across the globe is falling and will continue to do so during the course of the year. SA have one extra negativity - possible junk status. By the end of 2016 all shares will be down. No investor will make money by end 2016 on the JSE

All I see is good news.

I wish I bought during 2008/9

Now we are heading for the next collapse so I am excited as shiat!!!

Yard Sale!

I am buying.

Do the opposite, everyone is selling, go hunt for specials.

Everyone is buying, go hunt for a lowzy buyer.

 

[Inviter]

All I see is good news.

I wish I bought during 2008/9

Now we are heading for the next collapse so I am excited as shiat!!!

Yard Sale!

I am buying.

Do the opposite, everyone is selling, go hunt for specials.

Everyone is buying, go hunt for a lowzy buyer.

So are you saying now is the time to buy? Or wait for it to drop further (and also for how long) and then buy?

 

[Thor]

So are you saying now is the time to buy? Or wait for it to drop further (and also for how long) and then buy?

Waiting for the time to buy never works.

You buy when everyone sells.

So for me it's time to buy an I buy all the way through.

*( I buy quality companies)

 

[pratlou]

*Restructures portfolio *

 

[Thor]

Way too risky to do this.

Naspers already dropped from R2k+ to R1.8k. If you buy now, it may seem like a bargain, but potentially, Naspers can, and probably will still drop down to R1.7k, R1.6k or eveen R1.5k. In the event of junk status credit rating, it may dip below the R1k mark at the end of the year. Then it will not be such a bargain anymore.

You can take a look at what happened to Brazil's stock market last year. Only one company declared them junk. But, before that, starting January 2015, international investors started withdrawing (much the same happening on the JSE now). By August investors already withdrew around $500 billion from Brazil stocks. Most of their stocks already dropped between 30-60% in value by then. When they were declared junk, the stock market fell. Investors who still had money invested lost about 30% in one day and they could no longer find buyers.

The problem after such incident is that you do not know where the value of your stocks will end up. The next problem is that the value that remain may actually stay that low for the next 10-20 years. The value may not even return to where it was in our lifetime.

So, knowing a country is about to be declared junk is a huge risk to have any investments left.

I don't buy for short haul.


I'm a investor not a trader.

We are talking 30 - 40 years investing.