Test your investment savvy on the JSE

[RexxGrim]

I've spend 90% of my cash resources. How do I withdraw the other 10%? Would like to buy myself a power suit, a financial mail subscription and treat myself to an very expensive business lunch.

 

[tcofran]

12th - make that 11th

 

[ShaunSA]

Eat my dust Sammy boy!

Celebration time for lament. He is out of the bottom 5

OK well he was

 

[Noob-Noob]

Eat my dust Sammy boy!

Celebration time for lament. He is out of the bottom 5

OK well he was

Agg FFS, dropped 2 places again....
You guys just wait, when Woolworths clear their name from this Water Buffalo crap, the prices are going to soar!!, im going to laugh all the way to the bank!!

 

[Noob-Noob]

...give me 2 min and I already fcked up.

What are you moaning about??, you are in the 70ties with vodacom shares, try being ranked 101 out of 103

 

[ShaunSA]

Agg FFS, dropped 2 places again....
You guys just wait, when Woolworths clear their name from this Water Buffalo crap, the prices are going to soar!!, im going to laugh all the way to the bank!!

That's the spirit! At least you're still in the Top 100... for now

 

[Noob-Noob]

Seems like the best growth has been in fact gold, with MTN, Vodacom and some of the banks.

I should have went with gold, the prices dropped drastically the last 2 weeks, im sure there is only one way from here, and thats up!!

 

[DrewChan]

Damnit Shaun get back behind me - at least I am still ahead of Sam ^_^

 

[ShaunSA]

Damnit Shaun get back behind me - at least I am still ahead of Sam ^_^

Are you saying Sam is the meat in our sandwich? :erm:

 

[DJ...]

Agg FFS, dropped 2 places again....
You guys just wait, when Woolworths clear their name from this Water Buffalo crap, the prices are going to soar!!, im going to laugh all the way to the bank!!

Wooles investors couldn't care about the water buffalo. Their concerns are more to do with stagnant growth prospects and margin squeezing as competitors tighten the perception gap. Woolies' value is artificial in terms of the market.

I doubt Woolies are going to be your saving grace. Nor any of the retailers for that matter. Even Mr Price is no longer the golden-boy it once was...

 

[DJ...]

I should have went with gold, the prices dropped drastically the last 2 weeks, im sure there is only one way from here, and thats up!!

That's not how you invest. You might be able to get away with stating that there is value to be found in the sector but that's not to say that the bottom of the trough has been found yet, nor that it has the legs to correct upwards...

 

[ABCpt]

Woohoo, I'm not last.

 

[Fafa]

I actually did not know you cannot sell after you have invested. Would it be possible to ask for a once off reset? (I can just create a new account, but that defeats the point of the leaderboard)

 

[Noob-Noob]

Wooles investors couldn't care about the water buffalo. Their concerns are more to do with stagnant growth prospects and margin squeezing as competitors tighten the perception gap. Woolies' value is artificial in terms of the market.

I doubt Woolies are going to be your saving grace. Nor any of the retailers for that matter. Even Mr Price is no longer the golden-boy it once was...

Woolies is a very good long term investment, look at their growth the last 5 years, the problem is like i think you said earlier, it’s not good for making a quick buck.

But small things like the whole “donkey meat” episode does have an impact on the business, maybe not that big, but any negative news being released about a company and the share prices wil drop, same with good news,
For example, DataDanamics announces all there employees wil be getting Mac books, their share prices wil rise!, but over 2 weeks you read on the news DataDanamics can’t afford new Mac books, shares prices will drop, but you probably know all this....
Guys that wil do good with this game are people who has 4 screens open, just monitoring news......

 

[DJ...]

Woolies is a very good long term investment, look at their growth the last 5 years

That is not sound logic when making an investment decision. Worldcom were also a great buy for many years and showed solid growth. Their past performance was not an indicator of future performance. Same principle rings true to this day.

If you want to forecast a company's long term growth then look at their current financial position, and their forward looking plans, strategies and positioning statements. Don't look backwards to attempt to extrapolate future growth. Not unless you have designed some sort of algorithmic trading model on your own?

but any negative news being released about a company and the share prices wil drop, same with good news,

Not true. Some stocks are far more resilient to traditional external pricing factors, and the market will always price in easily forecastable news/statements before they happen...

For example, DataDanamics announces all there employees wil be getting Mac books, their share prices wil rise!, but over 2 weeks you read on the news DataDanamics can’t afford new Mac books, shares prices will drop, but you probably know all this....

Well, that really isn't how it works at all, in terms of the specific examples you provided, and yes, I do understand that some news pertaining to the company, its industry, sector, the global market, export market, currencies etc have, to some degree, an impact on price. However not to the extent that you think, and not for all stocks.

Companies intentionally try to mitigate against their stock price swinging on news as it is a risk factor. Remember that their price dictates market capitalisation, so they want to be able to forecast it to some extent and they want less volatility. Ergo they hedge themselves against massive "news" or events, like currency movements, interest rate movements, their own stock price and many more, in the same way as they minimise transactional currency risk on imports through forward contracts and interest rate derivative products...

Guys that wil do good with this game are people who has 4 screens open, just monitoring news.....

Not at all. Picks are final - there is no trading of a position at all. Even weightings are set in stone...

 

[Noob-Noob]

That is not sound logic when making an investment decision. Worldcom were also a great buy for many years and showed solid growth. Their past performance was not an indicator of future performance. Same principle rings true to this day.

If you want to forecast a company's long term growth then look at their current financial position, and their forward looking plans, strategies and positioning statements. Don't look backwards to attempt to extrapolate future growth. Not unless you have designed some sort of algorithmic trading model on your own?



Not true. Some stocks are far more resilient to traditional external pricing factors, and the market will always price in easily forecastable news/statements before they happen...



Well, that really isn't how it works at all, in terms of the specific examples you provided, and yes, I do understand that some news pertaining to the company, its industry, sector, the global market, export market, currencies etc have, to some degree, an impact on price. However not to the extent that you think, and not for all stocks.

Companies intentionally try to mitigate against their stock price swinging on news as it is a risk factor. Remember that their price dictates market capitalisation, so they want to be able to forecast it to some extent and they want less volatility. Ergo they hedge themselves against massive "news" or events, like currency movements, interest rate movements, their own stock price and many more, in the same way as they minimise transactional currency risk on imports through forward contracts and interest rate derivative products...



Not at all. Picks are final - there is no trading of a position at all. Even weightings are set in stone...

And that folks, is why i'm in the bottom 5

But thanks for explaining it!!

 

[Hamster]

What are you moaning about??, you are in the 70ties with vodacom shares, try being ranked 101 out of 103

81 now.

Shows you, even when there is no cellphone involved Vodacom still finds a way to ruin my day

 

[ShaunSA]

81 now.

Shows you, even when there is no cellphone involved Vodacom still finds a way to ruin my day

rofl

 

[DJ...]

patrick, are you including fees in the pricing methodology?

I ask because (cost price x shares) + cash = a few grand less than the initial capital amount, moments after the purchase. So is it priced at brokerage rates or direct access to market, and are costs included?

 

[Bundu]

patrick, are you including fees in the pricing methodology?

I ask because (cost price x shares) + cash = a few grand less than the initial capital amount, moments after the purchase. So is it priced at brokerage rates or direct access to market, and are costs included?

he uses ABSA fees but not the tax and insurance, i.e. 0.4% commission with minimum of R120 per transaction

edit: see it has been answered