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Everything posted by Noobly

  1. Why not keep it like it is now, if you click the red button you get taken to the last post and if you click the link you get taken to the start of the thread. If I share threads on WhatsApp or Facebook or something I just want the thread url so I copy the thread title's link in the side bar, but when I want to view or participate I click the "last" button next to the thread title to take me to the last post. What I'd like is to have it like that screenshot essentially a bigger click area and spelled out so people don't get confused on what it is there for. What do you guys think?
  2. Listing of AMI Big50 ex-SA Participatory Units The information as it appears below has been extracted from the Programme Memorandum and the Supplement relating to the AMI Big50 ex-SA ETF and utilises the terms and definitions contained therein. Introduction The JSE Limited (“JSE”) has approved the listing on the Main Board of the JSE, Participatory Units in the AMI Big50 ex-SA ETF which aims to track the AMI Big50 ex-SA Index and is an ETF in the Cloud Atlas Collective Investment Scheme in Securities. The AMI Big50 ex-SA Index The AMI Big50 ex-SA Index is a market capitalisation weighted index designed to serve as a benchmark for a broader representation of the African equity markets, excluding South Africa. In order to be eligible for inclusion in the AMI Big50 ex-SA Index a company must be listed on an African exchange that is a member of the African Securities Exchange Association (“ASEA”). The current ASEA member exchanges are seen on http://www.african exchanges.org/members/.
  3. /waits for 10am. Oscar was the best series I’ve ever watched, won't mind having this broadcasted as well. (Can you use broadcasted in that sentence?)
  4. Noobly


    Sweet, Hi and welcome to the forum.
  5. That actually was a fantastic read, not a bike person myself, but the cost savings you mentioned in the article especially the price of the bike to fuel economy ratio is insightful.
  6. Hello and welcome to the forum. Hope to see a myriad of posts from you sir.
  7. Founder and chairman of PSG Group, Jannie Mouton has been listed as the newest dollar billionaire in South Africa by Forbes in its annual Billionaire List for 2017. Mouton, known as the “Boere Buffett” for his successes on the stock market, founded PSG Group in 1995 and has seen it grow into one of the country’s biggest business success stories. PSG is an investment holding company with investments in a wide variety of sectors, including financial services, banking, private equity, agriculture and education. The group has a 30.7% stake in the hugely successful Capitec Bank, with a majority shareholding in private education group, Curro (56.4%) – two companies which have recorded outstanding performances over the past few years. According to Forbes, Mouton’s success came after being fired by his partners at a stockbroking firm he co-founded, Senekal, Mouton & Kitshoff. He started PSG Group, and has now turned it into a R61.8 billion family business. Full article available on BusinessTech
  8. Some good progress on AXL. Still not breaking the 70 cent mark, but getting there. I have this feeling that if AXL can manage to break 70 cents that it would start climbing.
  9. Zambia’s government has just banned the imports of some farm produce as a way of promoting the growth of the agriculture sector. The Conversation Africa’s Samantha Spooner asked Calestous Juma about the impact this will have on African countries and their agricultural sectors. Which African countries are the biggest importers of fruit and vegetables and how much do they rely on to meet local demand? In 2013, the import value of all fruit and vegetable categories for the African region was about $1.2bn. However, the trade tends to be localised in countries that have poor infrastructure. They have short shelf lives so it’s important to get them to the market quickly. Consumers are also discerning and avoid buying produce on the edge of being spoiled. Many of them may not have refrigeration at home so are selective in what they buy. Poor infrastructure means that countries such as Nigeria end up being major tomato importers because they can’t keep up with the demand. Over the last 12 months Nigeria imported 189.5 tons of tomato paste. This is despite the fact that they have states with ample land for growing tomatoes close to major urban centres such as Lagos. The importance of investing in infrastructure, as I argue in The New Harvest, has significant implications for food production, storage and distribution. But poor infrastructure isn’t the only driver of imports, especially of fruit. Other factors such as taste, widely available variations among nations – like India – in fruit production, and seasonal availability are important forces behind the globalisation of the fruit trade. Advances in freight technology and expansion of shipping have also made it possible for exporters to achieve economies of scale that out compete local producers. China, for example, is emerging as a major fruit exporter partly because of its world class capacity in shipping and logistics. Is banning imports a good way to boost the local agricultural sector? Has it worked elsewhere? Banning imports is a blunt tool for stimulating local production. It often triggers unnecessary trade reprisals unless there’s evidence of health concerns. And they’re a poor substitute for measures such as investments in local infrastructure that would enable local producers to compete favourably. But it’s also important to take into account the political context that leads to bans. Countries like Zambia, for example, don’t have a long agricultural tradition and are under pressure to protect the emerging sector. Zambia historically specialised in mineral exports and relied on food imports from neighbouring countries and international markets. It sought to diversify it’s economy when global copper markets tanked late last century and the economy collapsed. As a recent entrant into the green vegetable export market, Zambia has previously faced phytosanitary barriers to its exports. Given the circumstances it’s clear why the government would want to protect local producers. But the ban is unlikely to result in the desired outcomes except to provide relief for existing producers. Bans are usually not permanent and so do serve as incentives to encourage new investment that may take a long time to show results. Are international trading rules inclusive enough to accommodate a country’s different needs and pressures? While I think bans don’t work in many cases, international trade rules cannot operate well without any consideration for their implications on ordinary people. International trade can be designed as a positive-sum game. And it should be. But it will continue to be challenged when it carries the seeds of irreparable loss of livelihoods. Of course we need international trade, but it needs to be guided by different ethical stands such equity so countries are not pushed into continuous conflict because of the fear of being excluded from the global market. 4. What impact does importing agricultural produce have on local agricultural sectors? Imports are not necessarily bad in themselves. They are part of a global system that’s theoretically built on the principle of reciprocity. This includes the expectation of reasonable balance of trade between the partners. Quite often bans are motivated by imbalances in trade relations. Banning imports simply because one is seeking to protect local agriculture – and without just cause – is generally a poor approach to achieving food security. In many cases, imbalances in agricultural trade exist because African countries haven’t made the necessary investments – such as storage facilities and capacity building in international trade practices – that allow them to become important players in the global economy. Therefore, imports and suppressed local production tend to reinforce each other. Even when countries increase production they still have to contend with the challenges of breaking long-term import contracts or violating international trading rules. 5. Have other African countries introduced similar bans? Many countries tend to introduce bans to reduce the amount of foreign exchange used for imports, not necessarily to stimulate local production. When foreign exchange earnings improve they tend to reverse the bans. This often affects those local businesses that may have thought the bans would benefit them. It’s therefore important to first put in place policies and incentives that promote local production. Their effective implementation often makes the need to introduce bans unnecessary. Nigeria has previously imposed bans on imports. One example was barley. This helped to stimulate the use of sorghum to produce beer. But the motivation was foreign exchange management, not necessarily to promoting innovation in brewing. In another Nigerian case, foreign exporters of wheat stifled efforts to introduce bread that was made with 40% cassava. The government didn’t ban wheat imports but a bill put to the legislature to require the blend was starved of support and defeated. Such is the power of food import lobbies. In this case the initiative would’ve stood a better chance of success if it had found a way to extend benefits to those who were likely to lose from reduced wheat imports. It’s such losers who become the sources of resistance to new ideas, as I argue in Innovation and Its Enemies. 6. Apart from banning imports, what should African countries be doing to grow their agricultural sectors? Banning imports may protect a few existing producers but in the long run it should not be considered as a tool to grow the agricultural sector. The focus should be on laying foundations for agricultural productivity, starting with infrastructure and working up the value chain to developing agro-industries. Without reliable roads, power supply and irrigation there is little chance that Africa will radically transform its agriculture. Much effort is going into scientific research, which is commendable. But the gains from productivity will have little impact if produce can’t reach the market because of poor infrastructure and a lack of competence in logistics. And more than anything else Africa needs agricultural engineering. Today Africa exports less food than Thailand. The immediate goal should be to learn how Thailand became an agricultural force and apply the lessons to regional trade. Africa will become a more serious international player when it can trade effectively with itself. It’s like the world of football. Those countries that don’t have strong regional leagues tend to shine in the first rounds of the World Cup tournament then they flounder. Source: https://theconversation.com/why-african-countries-banning-imports-of-fruit-and-veg-is-a-blunt-tool-74624
  10. I think he probably stored his coins in FNB safety deposit boxes which FNB now discontinued after all the inside jobs and robberies the past year and few months.
  11. Poof, just like that, the entire week's worth of gains wiped off in the a day.
  12. Noobly


    Hello Brendan, welcome to the forum! I think the admin is currently writing an E-book for people new to investing on how to start out. I think a safe start would be to climb into 1 or 2 ETFs to start out with. Here is a nice thread that I think would be able to present you with a few ETFs to chose from: https://www.platinumwealth.co.za/forum/Thread-Advice-needed-for-starting-out-with-ETFs?pid=2682#pid2682
  13. I also think it is a pretty neat addition to the site.
  14. Do any of you trade the ALSI? I am toying with the idea to maybe start trading this on a weekly basis as Day Trading would be a bit difficult given I have a 9 - 5 job. Where do you guys see the ALSI going today?
  15. My average is also too low I bought when spreadsheet bought so currently sitting at 40 cents If I buy more now it will lift the average a lot since I want to buy more now than I did previously.
  16. I did, now I am confused. If those bought such large stakes it should mean there is less shares available hence higher price, classic supply and demand? I assume this works nothing like that.
  17. AXL has a Volume of 35,740,012 so far. Is it just me or is that A LOT?
  18. HaHaHa DbxJP, Rolfes and AXL taking a knock of note today.
  19. @Kristia van Heerden, Ma'am, is there a SRI ETF? If not, there should be, justonelap should bring out a SRI basket! Why is Tannie Nerina Visser not on here yet, so many ETF questions.
  20. AXL Trovica Proprietary Limited has acquired a beneficial interest in the ordinary securities of the Company, such that its entire beneficial interest amounts to 5.14 % of the total number of ordinary securities in issue.
  21. I think outlook was saying that tongue in cheek implying they probably conspired together not to include easyequities as it would render them all irrelevant with those high costs.
  22. [video=youtube] FRONTLINE correspondent Martin Smith goes inside the government’s ongoing, seven-year crackdown on insider trading, drawing on exclusively obtained video of hedge fund titan Steven A. Cohen, incriminating FBI wiretaps of other traders, and interviews with both Wall Street and Justice Department insiders.
  23. Did Pembury Group not list today?
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