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Purply

Expert Member
Joined
Mar 4, 2013
Messages
3,999
To be honest I really hate people writing these kind of articles, they have the worst impact on markets.

If 30% of people reading this **** decides to sell everything before the "big crash", the end result will be a "medium crash", just because people write this kind of crap.

It's really sad
 

Piesank

Honorary Master
Joined
Aug 2, 2012
Messages
13,158
You'll never predict that.

And I bought at 2012

If you bought then it was smart, shilling it now when the company hasnt paid any dividends, is trading at a price that has already factored in 10 years of growth (250 p/e) and the laymen are all talking about 800 schools in one year.

Ask yourself this - where are these 800 schools going?
100 in Cape Town
100 in Joburg
100 in Durban
50 in PE, PTA and Bloem

Now you are going to places that have less than 500, 000 people and they are nowhere close to their target.

Or will they be buying schools like Grey, Paul Roos and KES?

Curro was a smart buy in 2012 not now.

The smart people have realised it and are selling off.

Every trade you make above your initial purchase in 2012 is bumping up your average purchase price which is eroding your gains should you decide that Curro cant deliver on its potential.
 

Thor

Honorary Master
Joined
Jun 5, 2014
Messages
44,236
Sources Thor, sources.

To be honest I really hate people writing these kind of articles, they have the worst impact on markets.

If 30% of people reading this **** decides to sell everything before the "big crash", the end result will be a "medium crash", just because people write this kind of crap.

It's really sad

It's from http://newsletters.bulk-mail.co.za/...oken=1e111d175af9bd5e9713c419d68e6b1f6266c6d7

prestigebulletin.co.za
 

Hamster

Resident Rodent
Joined
Aug 22, 2006
Messages
42,928
The smart people have realised it and are selling off.

I dunno about that, the consensus seems to be that it is a buy. The emotional "I fscking loath seeing my shares tank and I prefer ETFs" people like me sold it off.
 

Thor

Honorary Master
Joined
Jun 5, 2014
Messages
44,236
If you bought then it was smart, shilling it now when the company hasnt paid any dividends, is trading at a price that has already factored in 10 years of growth (250 p/e) and the laymen are all talking about 800 schools in one year.

Ask yourself this - where are these 800 schools going?
100 in Cape Town
100 in Joburg
100 in Durban
50 in PE, PTA and Bloem

Now you are going to places that have less than 500, 000 people and they are nowhere close to their target.

Or will they be buying schools like Grey, Paul Roos and KES?

Curro was a smart buy in 2012 not now.

The smart people have realised it and are selling off.

Every trade you make above your initial purchase in 2012 is bumping up your average purchase price which is eroding your gains should you decide that Curro cant deliver on its potential.

Have faith in Jannie son.



https://youtu.be/OgzDn7sUUTg?t=1m9s

For english people: ( This is a good one to watch )
https://www.youtube.com/watch?v=9-UU1QNXXKc
 
Last edited:

Dragonflower

Member
Joined
Nov 26, 2015
Messages
25
Hi everyone i'm searching for a share that listed a while back. Where you could buy krugerrands as an equity stock. Can't remember the company. They listed on the jse as you can buy krugerrands as stock and they would keep it for you. Anyone know the stock code for this one?
 

Hamster

Resident Rodent
Joined
Aug 22, 2006
Messages
42,928
Hi everyone i'm searching for a share that listed a while back. Where you could buy krugerrands as an equity stock. Can't remember the company. They listed on the jse as you can buy krugerrands as stock and they would keep it for you. Anyone know the stock code for this one?

GLD (Absa) and ETFGLD (AfriGold)?
 

Kwadi

Banned
Joined
Jan 27, 2016
Messages
2
Investing in any company on the JSE is a risk. It is ludicrous to think you will make money while international investors are withdrawing and running away with their money. This year alone, in less than 20 days, international investors already withdrew R20bn from the JSE. By end of February, this amount will be close to R70bn.

Over and above China, a weakening Rand, the biggest problem is the junk credit rating awaiting the country. Many investors will rather lose some money than all their money. This is in line with what happened in Brazil between January 2015 and August 2015 - $500bn withdrew by investors.

Due to this, all share prices will continue to fall on the JSE this year. Where it will end is a good question. You will see this decline in all holdings on the JSE - ETFs, bonds, everything.
 

Thor

Honorary Master
Joined
Jun 5, 2014
Messages
44,236
Investing in any company on the JSE is a risk. It is ludicrous to think you will make money while international investors are withdrawing and running away with their money. This year alone, in less than 20 days, international investors already withdrew R20bn from the JSE. By end of February, this amount will be close to R70bn.

Over and above China, a weakening Rand, the biggest problem is the junk credit rating awaiting the country. Many investors will rather lose some money than all their money. This is in line with what happened in Brazil between January 2015 and August 2015 - $500bn withdrew by investors.

Due to this, all share prices will continue to fall on the JSE this year. Where it will end is a good question. You will see this decline in all holdings on the JSE - ETFs, bonds, everything.

No sir,

Investing in the wrong companies is ludicrous, if you play your cards right 2016 will be your best year ever!
 

Kwadi

Banned
Joined
Jan 27, 2016
Messages
2
No sir,

Investing in the wrong companies is ludicrous, if you play your cards right 2016 will be your best year ever!

Good Sir, do keep a big eye open on the markets. Gradually, surely your investments will be eroded in front of you. No matter the company, ETF, Bond, locally, offshore, no matter. As with Brazil, shares in the hundreds of Dollars will be worth no more than 10. Be prepared and on standby to remove your money when needed.
 

Piesank

Honorary Master
Joined
Aug 2, 2012
Messages
13,158
Lel

Just googled Curro - Piet Mouton is a director.
Piet Mouton is also the director of Capitec

So the apple doesnt shill far from the tree :D

http://www.bloomberg.com/research/stocks/private/person.asp?personId=37748234&privcapId=878118

https://www.google.com/finance?q=JSE:COH&ei=X5qoVqiPPIK7U9OKh7AJ

http://www.biznews.com/leadership/2...n-20-lessons-from-building-my-r44bn-business/

Trust me my son's businesses will make it that is why I'm recommending you buy!
I w-woulndt shill something I dont believe h-honest
 

pratlou

Senior Member
Joined
May 2, 2014
Messages
616
Anyone still have Zeder in Portfolio ? I am 38.47% down alone on the stock since i bought it. Drought effect certainly has played its part on this stock. Should have taken note when Wayne Mccurrie in December highlighted that anything to do with agriculture its not a buy until drought issue is sorted. :'( :'( :'(
 

DeathStrike

Expert Member
Joined
Jan 12, 2009
Messages
2,390
So I decided to cut my losses with curro. Down 10%.

Then against my better judgment I decided to purchase more lonmin. It is going up and I hoping to offset my losses with it.

Currently at R14.36 and I need it to go up to R15.53 to break even.

So here is to hoping lonmin has a good day.
 
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