Tongaat Hulett Troubles

BTTB

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Feb 6, 2004
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The financial managers recommended Steinhof, we sold out of those at R4 odd.
The financial managers recommended Tongaat, the JSE and LSE suspended trading on them in June this year, so still holding those at a large paper loss.
Which South African Company is next? It’s better to hold cash or Kruger Rands these days.

Other than the sugar issues of course the elephant in the room for Tongaats could also be that their huge estates essentially became worthless after Expropriation Without Compensation was announced. While people may comment here that those properties are not threatened, the fact remains who in their right minds would plough in B/Millions into a property development when tomorrow a squatter camp could spring up next to you. Over and above that, the EWC announcement has further depressed the already stagnant property market to such an extent I think Tongaats valuations were probably overstated by a large margin on their balance sheet.
Either way it’s very sad, we will only lose a few thousand Rand in our portfolios but I feel for the people on the ground who are about the lose their jobs, that’s a very bad situation.
 

surface

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This is true,in order to make products low fat, they put sugar in to make it taste sweeter and not so awful. We went from one big bad to another.
:unsure: We usually take low fat mozarella from woolies and I didn't taste any sugar. Just checked a slab we have at home. For a 200g of slab, it has 675mg of sodium and 2g of sugar. Is that bad?
 

R13...

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:unsure: We usually take low fat mozarella from woolies and I didn't taste any sugar. Just checked a slab we have at home. For a 200g of slab, it has 675mg of sodium and 2g of sugar. Is that bad?
That's less than a teaspoon not so bad.
 

BBSA

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This is true,in order to make products low fat, they put sugar in to make it taste sweeter and not so awful. We went from one big bad to another.

There is nothing wrong with fat.
 

My_King

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I tried to assist but I can only consume so much sugar. Coke is getting too expensive same with Cadbury Chocolates.

And Coke taste like **** these days
 

ForceFate

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Too some people yes, but it's not addictive like actual real things like cigarettes. You get people addicted to video games, sex, cutting themselves etc... Doesn't mean those are on the same level as actual physical addiction whereby when you stop you actually get physically ill.
In other words it's not highly addictive.
If I understand Lupus, he says it doesn't shift chemical imbalance in the brain so as to affect function of neurotransmitters like cigarettes and other drugs do.
 

Lupus

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If I understand Lupus, he says it doesn't shift chemical imbalance in the brain so as to affect function of neurotransmitters like cigarettes and other drugs do.
Exactly, thanks. It's not physically addictive and you don't need more sugar each time to get a "high".
 

BBSA

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If I understand Lupus, he says it doesn't shift chemical imbalance in the brain so as to affect function of neurotransmitters like cigarettes and other drugs do.
Like drugs, sugar spikes dopamine release in the nucleus accumbens. Over the long term, regular sugar consumption actually changes the gene expression and availability of dopamine receptors in both the midbrain and frontal cortex. Specifically, sugar increases the concentration of a type of excitatory receptor called D1, but decreases another receptor type called D2, which is inhibitory. Regular sugar consumption also inhibits the action of the dopamine transporter, a protein which pumps dopamine out of the synapse and back into the neuron after firing.

 

ɹǝuuᴉM

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People, no matter what the reasons might or might not be, South Africa's economy goes down. Where are the promised investments. Ramaphosa, where are your promises?
 

ForceFate

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People, no matter what the reasons might or might not be, South Africa's economy goes down. Where are the promised investments. Ramaphosa, where are your promises?
Off topic. There's a separate thread about promised investments.
 
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