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

[Thor]

Same with Capitec, you buy Jannie's badboys when they go on special

 

[Hamster]

You will never achieve that in real life.

You buy a quality company when it's dick is in the sand and you make up for it every single day afterwards when the trouble subsides.

Curro I'm buying Curro at a 40 percent discount.

They WILL recover just like every other single quality company that is currently on sale.

Specials like these comes once evey decade of your lucky.

There's a old saying... When there's blood in the streets.

You're missing the point. We're not saying don't buy it, we're saying let it lose most of it's value and when it starts to seriously recover buy bulk!

Another thing worth considering with COH is that it was very hyped and may have been oversold.

 

[Thor]

You're missing the point. We're not saying don't buy it, we're saying let it lose most of it's value and when it starts to seriously recover buy bulk!

Another thing worth considering with COH is that it was very hyped and may have been oversold.

Edit ( my mistake, thought that was eoh, read to fast) they are expensive thou but that appears to be normal for PSG companies

I have a fck load invested in Curro and Capitec

Buying all the way down doesn't make a dent on my gains over the past 4 years.

So all I'm doing is buying specials bringing my average price down and when they recover they will easily exceed their current high within the next 2 - 3 years.

I'm investing 20 - 30 years

This is but a blimp in the time span of my portfolio

 

[Swa]

Also that's BS what you explained.

Buying now lowers your average price.

No, most of your trades will be at a much higher price than the current discount price. To lower it substantially you have to keep buying more and more as what you buy will have less and less of an effect against the majority of your stock.

You will never achieve that in real life.

You buy a quality company when it's dick is in the sand and you make up for it every single day afterwards when the trouble subsides.

Curro I'm buying Curro at a 40 percent discount.

They WILL recover just like every other single quality company that is currently on sale.

Specials like these comes once evey decade of your lucky.

There's a old saying... When there's blood in the streets.

Buy that's not what you're doing. You're buying while it keeps burying its dick in the sand further and not when it starts pulling it out. Sure you're getting Curro at a 40% discount now but that's not when you started buying it. The downtrend has been going on for 3 weeks with only one up that I saw. So how much more will you buy while it most likely keeps heading down? I will rather buy at 10% higher after a low and lose out a bit and make profit from day 1 than have an average purchase 30% higher than current lows having to wait 6+ months for it to recover.

But I guess this is what separates investors. The ones that can predict when a company will most likely will be heading up and the ones that just keep buying till it eventually recovers.

 

[Thor]

No, most of your trades will be at a much higher price than the current discount price. To lower it substantially you have to keep buying more and more as what you buy will have less and less of an effect against the majority of your stock.


Buy that's not what you're doing. You're buying while it keeps burying its dick in the sand further and not when it starts pulling it out. Sure you're getting Curro at a 40% discount now but that's not when you started buying it. The downtrend has been going on for 3 weeks with only one up that I saw. So how much more will you buy while it most likely keeps heading down? I will rather buy at 10% higher after a low and lose out a bit and make profit from day 1 than have an average purchase 30% higher than current lows having to wait 6+ months for it to recover.

But I guess this is what separates investors. The ones that can predict when a company will most likely will be heading up and the ones that just keep buying till it eventually recovers.

You are very near sighted my friend.

 

[Swa]

Same with Capitec, you buy Jannie's badboys when they go on special

So glad I got rid of that one as it just keeps going down. Will buy it once it's hit a low.

 

[Swa]

You are very near sighted my friend.

Pot + kettle :erm:

 

[Thor]

Pot + kettle :erm:

You strike me as a short term attempt to get rich quick "trader" and not a wealth building, long term "investor"

 

[DeathStrike]

I'm still 16 shares in curro. Watching it fall and wondering if I should jump ship before it becomes next lonmin.

I am planning to invest long term so not too worried about losing little for now. Do you guys think curro will recover and make a decent profit over next 5 years?

My other shares.
Lonmin
Woolies
Naspers
Sirrius real estate
DBXWD

Everything ended down today except lonmin that jumped 28%. But still at 30%+ loss

 

[syfret]

Sitting in the Commodore hotel's conference room listening to Alec Hogg's take on the WEF.

 

[Swa]

You strike me as a short term attempt to get rich quick "trader" and not a wealth building, long term "investor"

Just because you invest doesn't mean you should buy something that will continue to lose value. Same principle applies, you buy what will be going up.

Let me illustrate for you:
Share price: Amount bought:
R10.00 1.000
R9.50 1.053
R9.00 1.111
R8.50 1.176
R8.00 1.250
R7.50 1.333
R7.00 1.429
R6.50 1.538
R6.00 1.667
R5.50 1.818
R5.00 2.000

That's 15.375 shares for R110. If we can expect it to rise R0.50 per day it will take 5 days to recover your R7.15 you paid per share. If I buy on day 3 I would pay R6.50 per share. But here is the important part, after 10 days of holding your shares you would make 39.86% while after holding my shares for 7 days I would make 53.85%.

 

[Thor]

Just because you invest doesn't mean you should buy something that will continue to lose value. Same principle applies, you buy what will be going up.

Let me illustrate for you:
Share price: Amount bought:
R10.00 1.000
R9.50 1.053
R9.00 1.111
R8.50 1.176
R8.00 1.250
R7.50 1.333
R7.00 1.429
R6.50 1.538
R6.00 1.667
R5.50 1.818
R5.00 2.000

That's 15.375 shares for R110. If we can expect it to rise R0.50 per day it will take 5 days to recover your R7.15 you paid per share. If I buy on day 3 I would pay R6.50 per share. But here is the important part, after 10 days of holding your shares you would make 39.86% while after holding my shares for 7 days I would make 53.85%.

You'll never predict that.

And I bought at 2012

 

[Thor]

Rhodes vs Taste

Please, the floor is open

 

[seanyp00h]

Rhodes vs Taste

Please, the floor is open

I'm buying into Taste as the Starbucks opening in June is making me think that prices will rise.

 

[Thor]

I'm buying into Taste as the Starbucks opening in June is making me think that prices will rise.

I also did based on that but won't that be factored into their price already?

At 2 bucks a share they are lekker low but I don't know this market.

Rhodes is trading at 20 od bucks

 

[Swa]

You'll never predict that.

And I bought at 2012

Ok if you say so. But I'm making money from other shares while Capitec and Curro continue their downward trend and will be picking them up real cheap when they start heading up again while you wait to make back what you paid.

 

[Hamster]

Ok if you say so. But I'm making money from other shares while Capitec and Curro continue their downward trend and will be picking them up real cheap when they start heading up again while you wait to make back what you paid.

Over the very long term buying consistently regardless of movement does have it's benefit. Yes it is more optimal to have COH crash a whole lot more before buying again but the habit of consistent buys might work out better for him.

He has a lower risk appetite than you. His capital/value at the end of the day won't be the highest but it is more "guaranteed".

 

[Swa]

Over the very long term buying consistently regardless of movement does have it's benefit. Yes it is more optimal to have COH crash a whole lot more before buying again but the habit of consistent buys might work out better for him.

He has a lower risk appetite than you. His capital/value at the end of the day won't be the highest but it is more "guaranteed".

Yes but he's not behaving in the way he says he is. Buying until it hits bottom and then hoping for a (very) long term return is more akin to trading than investing. I buy on an upturn when research shows there is likely to be an upturn and hold or sell on a downturn when research shows there's likely going to be one.

Yes his approach has its advantages but also disadvantages. His return will be from waiting say 5 to 10 years for it IF it happens but he's guaranteed to lose initially. There's no real investment strategy. He buys low and sells high and without an exit strategy for falling stock prices he in fact has a bigger risk appetite.

 

[Swa]

Let me put it like this. He's relying on hope instead of strategy. If he was buying down when it has every reason to climb it would be different but he isn't. Over the long term inflation will also eat into his profits so if he invests too long without a high return he may as well keep his money in a fixed deposit.

 

[Thor]

Let me put it like this. He's relying on hope instead of strategy. If he was buying down when it has every reason to climb it would be different but he isn't. Over the long term inflation will also eat into his profits so if he invests too long without a high return he may as well keep his money in a fixed deposit.

Completely wrong.

I rely on extensive research and have a far guarantee than your short term trades has.

My portfolio is a testimony to this.

I am in the green, heavy in the green and will remain there.

My year on year growth out performed the market for the past 5 years.

The only share I am in the red, after I made a substantial profit is Lonmin, and why is that? It's because Lonmin was done on hope without any research.

That's it.