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Everything posted by Noobly

  1. [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.
  2. Did Pembury Group not list today?
  3. Stop it! Stahp. Leave AXL alone. Kidding. I think looking slightly longer (compared to ranger's rich by friday short term), buying AXL under 80 cents still provides significant potensial in the next 12 - 18 months. How much I do not know, but R1.30 - R1.80 does not feel impossible to me.
  4. Fat wallet show answered the Over the counter question @Dancshares and @groovy https://justonelap.com/podcast-tax-tax-tax/
  5. Solar fund heads for the JSE Solar fund heads for the JSE Promises stable returns and a 6% yield. Now a solar energy fund run by UK investment firm Foresight will be listed on the JSE in early April, via the JSE’s fast track process. The placement of a maximum of 250 million shares will be a private placement to institutions, with the minimum investment being R1 million. The Foresight Solar Fund is the second largest of its kind in the UK, with a gross asset value of about £614.2 million (R9.8 billion), a net asset value of £360.2 million (R5.7 billion) and a market capitalisation on the LSE of about £369.93 million (R5 918 million), as of March 1 2017. It is aiming to raise £50 million via both this listing and a rights offer and private placement of shares in the UK and a further £200 million during the course of the year.
  6. How was Donald Trump's speech? Does it affect us? @Purply give us some juice.
  7. Totally agree with you there, back then I was still noobly I think I should ask for a username change I am now Intermediately I added some other stocks namely dbxWD and NFEMOM so two diversified ETFs plus my two private schools I am a happy camper so far. Welcome to the Forum btw!
  8. Agreed, Shoprite is also a favorite of mine because of it. Spreadsheet ranger also likes KAP quite a bit, which is another stock I like due to it not only being as diversified as it is, but also that is a logistical stock and I firmly believe logistics is one of the foundations of a growing economy.
  9. I agree with you and spreadsheet, in this case I am not interested in market noise I too know the company I am certain they will grow more unless, government kills all farmers... then this stock is dead in the water.
  10. The stock quote gives plenty of insight into the company. Understand how to read this information in order to make better purchase decisions. When you look up a stock quote, there a variety of numbers, prices and diagrams that will appear. Understanding what they all mean will help you make an informed decision when purchasing a stock. Learning about stocks and how they work is essential to achieving strong investment returns and will allow for significant financial advantage. Here is the elements of a quote page you need to read stocks: It is important to use a website that can provide all of this when looking up a stock. I would suggest https://za.investing.com/equities/ or https://www.google.com/finance as both these options are free. Tip: The investing.com app also has a very nice Watch-list function and provides all the info needed to read a stock as well. Last Price The most recent price that the stock has traded at. The last price, however, is not the price you will be paying for the stock. Bid The highest price a buyer is currently willing to pay for a stock. Ask The lowest price at which a seller is currently willing to sell the stock at. When placing a market order, you are buying or selling a stock at the best available price. Today's Change The change in price (and the percentage change) compared to yesterday's closing price. Previous Day's Close This is the price of the stock for the last trade of the previous day. Today's Open The first price at which this stock traded when the markets opened this morning. Note that stocks do not open at the same price that they closed at the day before due to after hours trading. Volume This indicates the number of shares that have traded hands today. Some stocks may trade millions of shares each day, and others only trade a few hundred or even zero (the higher the volume, the more liquid the stock is). 52 Week High This is the highest price the stock has traded at during the last 52 weeks. 52 Week Low This is the lowest price the stock has traded at during the last 52 weeks. The 52 week high/low allow you to compare the current price to its 52-week range. Charts Stock charts come in a variety of formats and have a whole investing technique based around them. They all track pricing data, usually the OHLC (open, high, low close), but they can display this information in different styles (lines, bars, candlesticks), different date ranges (day, week, month, year, 5 years, 10 years) and other information like volume, moving averages and dozens of other indicators. Annual Dividends The amount, in dollars, the company will (but not obligated) pay to shareholders on a regular basis (usually monthly or quarterly). Annual Dividend Yield This is an important measure of return of the stock and is calculated by dividing the annual dividend amount by the current stock price. If the stock is at $10 and the company pay out a cash dividend of $0.50 per share, then the annual dividend yield is 5%. EPS Displays the company's earnings (profit) per share. It is calculated by dividing the company's most recent annual income by the number of shares outstanding. Market Cap (aka Market Capitalization) Is the total dollar market value of all of a company's outstanding shares. Market cap is calculated by multiplying a company's shares outstanding by the current market price of one share. This figure determines the company's relative size. Price-Earnings Ratio (P/E) Is the ratio for valuing a company and measures its current share price relative to its per-share earnings. Beta Is used to measure the volatility of a stock as compared to the market as a whole. A beta of 1 means the stock moves up or down more quickly than the market overall; a beta between 0 and 1 means the stock doesn't move as much as the market, and a negative beta means the stock moves in the opposite direction of the market.
  11. Wish he would've shown balls, but hey maybe the new Finance mister ex eskom ceo will.
  12. The main tax proposals are: • A new top personal income tax rate of 45 per cent for those with taxable incomes above R1.5 million. • An increase in the dividend withholding tax rate from 15 per cent to 20 per cent. • Limited bracket creep relief, increasing the tax free threshold from R75 000 to R75 750. • An increase of 30c/litre in the general fuel levy and 9c/litre in the road accident fund levy. • Increases in the excise duties for alcohol and tobacco, of between 6 per cent and 10 per cent. Relief will be provided in the affordable housing market through an increase in the threshold above which transfer duty is paid from R750 000 to R900 000. The annual allowance for tax free savings accounts will be increased to R33 000. The medical tax credit will be increased in line with inflation this year. It should be noted though that consideration is being given to possible reductions in this subsidy in future, as part of the financing framework for National Health Insurance. Further consultations are currently taking place on the tax on sugary beverages. Arising from these discussions, and working closely with the Department of Health, the proposed design has been revised to include both intrinsic and added sugars. The tax will be implemented later this year once details are finalised and the legislation is passed. The proposed carbon tax and its date of implementation will be considered further in Parliament this year.
  13. ZAR X says it is in advanced discussions with five companies interested in listing on the fledgling exchange, which was launched on Monday and settled its first trade in 10 seconds. The exchange is the first new entrant into a sector that has been dominated by the JSE for decades, and will compete with the incumbent for listings and investors. ZAR X was also in talks with restricted share schemes, such as broad-based black economic empowerment schemes, said CEO, Etienne Nel. The speed at which Monday’s sole trade — a buy order for 100 shares in agricultural group Senwes at R10.50 per share — was matched, settled and cleared demonstrated the effectiveness of ZAR X’s platform, Nel said. ZAR X used technology to create a more efficient financial market for investors and issuers, Nel said. "We are passionate about driving financial inclusion in SA’s capital markets." The exchange offered free real-time share data, such as stock prices and trades. The ZAR X publishing service (Zaps) the equivalent of the JSE’s stock exchange news service (Sens), was also freely available on its website. ZAR X’s real-time settlement is a first in SA. The JSE moved its settlement cycle from six days to four days, known as T+3 (trade plus three days), in July 2016. It said at the time that this would attract more foreign flows, as a shorter settlement cycle reduced risk since fewer unsettled trades were being made at any point in time. Petri Redelinghuys, founder of Herenya Capital Advisors, said the competition introduced by ZAR X would reduce share trading costs. It would also increase flows into financial markets and enable smaller companies to list. Senwes, which had to move its shares from an over-the-counter trading platform to a regulated exchange, was proud to be associated with ZAR X, said CEO Francois Strydom. For the six months to October 2016, Senwes delivered profit after tax of R91m, an 11.6% decrease on the previous period due to the drought. Senwes was an inexpensive stock that would benefit from drought alleviation in large parts of SA, said Andrew Vintcent, a portfolio manager at ClucasGray Asset Management. The 107-year-old group, with a market value of about R2bn — trading on a price:earnings multiple of seven — focuses on the supply of equipment, seed, storage and financial services to the agricultural sector. It stores 25% of SA’s grain output. Senwes has separately listed its majority shareholder Senwesbel, a tightly held investment business. Investors could "expect action on the double listing" in future, Strydom said, suggesting a possible collapse of Senwesbel into Senwes. Source: BD live
  14. I am not sure I think A2X and 4AX was battling for the 2nd spot. South Africa's second stock exchange in more than 100 years sounds a lot better than South Africa's 3rd stock exchange.
  15. ZAR X debuts on Monday and settles first trade in 10 seconds ZAR X made its debut on Monday and settled its first trade in 10 seconds — a buy order for 100 shares in agricultural group Senwes at R10.50 a share. The trade was matched, settled and cleared in 10 seconds, demonstrating how well ZAR X’s platform worked, said CEO Etienne Nel. In 2016, the JSE implemented a four-day settlement cycle known as T+3, making ZAR X’s real-time settlement the quickest in the domestic capital markets and in line with global best practice. "This is the first time in 50 years that a company has listed on a [south African] exchange other than the JSE," Nel said. "This is an exciting moment in our lives. ZAR X has brought new initiative to the market… transforming the competitive landscape in SA," said Francois Strydom, the CEO of 107-year-old Senwes. While Nel did not expect a large volume of Senwes shares to be traded on Monday, he said ZAR X could not have asked for a better first listing, considering the calibre of Senwes. The group, which has a market capitalisation of about R2bn and 25%-27% of its shares in free float, focuses on the supply of equipment, seed, storage facilities and financial services to the agricultural sector. Its 60 silo complexes allow storage of 25% of SA’s grain output. A number of the group’s subsidiaries are in joint-venture agreements with companies such as WesBank, Imperial Logistics and Afgri. Senwes has separately listed Senwesbel, the investment arm of the group, which holds 51.58% of group equity. Jurgen Boyd, the registrar of securities services at the Financial Services Board (FSB), said it was exciting to introduce a new competitor, in the form of ZAR X, into the market. "Competition is always good for any market," Boyd said on the sidelines of the Senwes listing. The FSB had beefed up its staff complement to serve additional exchanges and would continue to uphold the same high standards it always had, he said. ZAR X began its licence application process more than two years ago and was awarded a licence on August 31 2016. A recent appeal against the award of the licence, brought by the JSE and 4 Africa Exchange (4AX) against the registrar and ZAR X, was dismissed with costs by the FSB’s appeal board. 4AX, which was awarded a licence at the same time as ZAR X, said on Monday that it would challenge the decision of the appeal board. Source: BD
  16. Gold’s fans advocate owning the yellow metal as a hedge against inflation and stock market disaster. But other investors, including Warren Buffett, believe it has no role in a modern portfolio. Over the long term, he says, gold is no match for a diversified portfolio of stocks and bonds. Since 1986, the price of gold has increased by roughly 200%; in the same period, the Dow Jones industrial average rose 900%. If you’re determined to own gold, it’s best notto hold it in physical form. A safer—and cheaper—approach is to buy an ETF backed by the precious metal, in any given year, gold can outshine stocks (and vice versa), but over the long term, equities beat the precious metal.
  17. Hey LentilSoup! Welcome to the forum. Totally get it, 2016/17 has been a tough year and this one seems to be the same with prices just going up and up. Predominately for me it was overtime. Worked almost any and all overtime that was available to earn more money.
  18. That would make the forum sound like a job ;-) Bunch of folk would be pushing for that promotion!
  19. I once bought MTN before the Nigerian fine...
  20. I guess there share price will now drop drastically since if Coronation no longer seems value why would we?
  21. Newbie: 10 or fewer posts Commoner: 11 to 50 posts Gentry: from 51 to 100 posts Aristocracy: 101 to 250 posts Nobility: 251 to 500 posts Courtier: 501 to 1,000 posts Serene Highness: 1,001 to 1,500 posts Royal Highness: 1,501 to 2,000 posts Heir Presumptive: 2,001 to 3,000 posts Heir Apparent: 3,001 to 6,000 posts Majesty: 6,001 to 10,000 posts Imperial Majesty: 10,000 posts and above
  22. We’re giving you first dibs! You might have heard about a company called Premier Food & Fishing Limited, which will be listing on the JSE on 2 March 2017. For those of you who are keen on getting first dibs on investing in the company, they have offered EasyEquities the opportunity to participate in a Private Placement. This means you’ll be able to put in a request to be the first to buy the new shares before they are available on the market. Need to knows: • If all the requests from our users collectively amount to R1 million or more we’ll send this through to Premier Food & Fishing and they’ll allow us to execute those requests. If we don't make it to R1 million, we'll unfortunately all lose out and the amount you put forward will go back into your available funds. • The placement price is set at R4.50 per share. To give you an idea, this would mean that if you put forward an offer of R450 and we make the R1 million requirement (holding thumbs team!) you'd potentially get 100 Premier Food & Fishing shares when they list. • BUT Premier Food & Fishing has a limited amount of shares available for the private placement. This limit applies for all the offers they get over and above ours. So even though the price per share is set, the amount of shares you'll be able to get isn't. For example, they might come back to us and say that they are only able to issue half of the amount we’ve requested, which would mean that if you put forward R450 you’d only end up with R225 worth of shares and the difference would go back into your available funds. They'll be announcing the outcome in a SENS announcement on 24 February, which you'll be able to find here. • Did we mention you pay no brokerage fees on this investment? Yep. How cool is that? This offer is only available in your normal EasyEquities account (not TFSA) and closes at 5pm on Monday, 20 February 2017, so if you want first dibs - get in there! Let's get Team Easy over the R1 million mark...
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