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Miss Behavin

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Everything posted by Miss Behavin

  1. Miss Behavin

    Stock Watch Thread

    Only picked up on this story today, don't know who else saw it ? TWK Agri trading on a 4 PE and 4% Div yield ... looks like a bit of a diamond in the rough , any thoughts ? https://www.moneyweb.co.za/news/companies-and-deals/there-is-life-in-agri-yet/ https://www.zarx.co.za/company-list/entry/twk-investments-limited
  2. Miss Behavin

    Blockchain for business

    A simple demonstration of how SA businesses can use blockchain technology Very cool demo https://businesstech.co.za/news/technology/186705/a-simple-demonstration-of-how-sa-businesses-can-use-blockchain-technology/
  3. Miss Behavin

    Blockchain for business

    With all the pain being felt in the crypto currency space its interesting to note how the market is maturing. The market for STO's is huge !! Security Token Offerings – the next Multi-Billion Dollar Market in 2019? Initial coin offerings (ICOs) were all the rage in 2017, raising a massive US$5.6 billion, but this year saw the emergence of the security token offerings (STOs), a market that’s predicted to be worth some US$10 trillion by 2020. In opposition to tokens offered in an ICO which do not give any rights or obligations and instead provide access to a specific network, platform or service, tokens offered in a STO are actual financial securities that are backed by something tangible like the assets, profits, or revenue of the company, and which offer legal rights such as voting or revenue distribution. A security token performs the same function as a conventional security, except that it confirms ownership through blockchain transactions http://fintechnews.ch/blockchain_bitcoin/security-token-offerings-the-next-multi-billion-dollar-market-2019/23849/
  4. Miss Behavin

    Blue Label Telecoms

    R1mil for Larry Nestadt is pocket change he pays the parking attendant. He is probably neck deep in BLT since pre-listing
  5. Miss Behavin

    Thoughts on Bank Zero

    We can now expand the conversation to include Tyme Bank ...any thoughts on these guys. I heard ARC they let 60% of the staff at Tyme go yesterday ....so how is Patrice creating jobs ? https://www.moneyweb.co.za/news/companies-and-deals/tymebank-disrupts-market-with-a-free-transactional-account/ (Free is my favorite brand )
  6. Miss Behavin

    Thoughts on Bank Zero

    I agree on the fee issue, but what is a much bigger problem for me is the fact that when we pay someone money via EFT that money leaves my bank account and only reflects in a day or two with the recipient. Banks earn interest on these "overnight transfers" there is no reason for them to do so. In fact the SARB can and do settle all money transfers on a RTGS basis Real Time Gross Settlement , regardless of size of transfer. Which means that we can have our cash paid instantaneously....but nooooo the banks want to hold to earn the interest. They make money despite themselves !
  7. Miss Behavin

    ZarX Stock Exchange

    Anyone know what this is all about ?
  8. Miss Behavin

    Blockchain for business

    By way of an update market is now talking Block chain 3.0 some interesting startups in the space Stackr (https://www.gostackr.com/) What happens to your Crypto when you die ??? Stackr allows you to designate beneficiaries to receive your assets without going through a possibly lengthy and expensive probate process and estate taxes. In many jurisdictions, moving assets between crypto and traditional investments can trigger unnecessary taxable events. Stackr can be isolated from such events due to the trust structure, which means that it is only when you really need your money and remove it from the trust that you might pay any tax. Stackr is a secure long-term crypto and US$ savings solution that cuts out the middleman. Combining traditional finance with modern-day financial technology & expertise has enabled Stackr to pioneer this innovative, secure and flexible savings solution for the blockchain community. (These are South Africans that run a very cool shop !) Celsius Network (https://celsius.network/) Celsius is banking on the blockchain. Its borrowing and lending platform will allow users to earn up to 5% interest on their crypto while taking loans at 9% interest, using their crypto as collateral. Celsius Network’s goal is to bring the next 100 million people into crypto, ultimately becoming the first killer app in the space. Risky or not, this is one to keep an eye on. This FinTech startup is primed to disrupt traditional banking. Gameflip (https://gameflip.com/flp) is an online marketplace backed by Silicon Valley venture capital. It allows gamers to transact any type of digital goods, and currently has 3 million members. After successfully hitting its token-sale hard cap, the FLP utility token can now be used to transact digital goods within the Gameflip marketplace. In the coming months, pilot program partners and publishers will begin integrating the Gameflip SDK, which will enable the transactions of approved in-game goods via the Blockchain. (Basically trading gaming stuff...wow) ADBIT The ADBIT token will be the core function of CIINCH Media Marketplace, the world’s first blockchain-powered media planning and buying platform for traditional media (print, TV, radio and out-of-home) assets. CIINCH and ADBIT were created to help automate the multiple layers of manual processes that currently plague the industry. Traditional media has failed to innovate and adapt to the current state of our age. Highly fragmented and operating on legacy software developed in the 1990's, ADBIT and CIINCH aim to bring these processes into the present. (Here we are trading media space....trade everything !!! )
  9. Miss Behavin

    Blockchain for business

    I agree with you, having said that it will have major impact on financial markets and how securities settle which will have a knock on effect on custodians and banks
  10. Miss Behavin

    New JSE listings

    Hey boys did you miss me ?? ;-) (Sorry been away for a while) Follow Anthony Clark on Twitter he calls a spade a ...donkey with lipstick in the case of Libstar https://twitter.com/SmallTalkDaily/status/994202365841551361
  11. Miss Behavin

    Blockchain for business

    HSBC Completes First Trade-Finance Deal Using Blockchain, Opening $9 Trillion Market For Mass Adoption Just a few hours after German online bank Bitbond announced it now allows users to transfer loan anywhere in the world using bitcoin and other cryptos , a move which we said would result in a rapid adoption of blockchain technologies within the bank-disintermediation space, the FT reported that in a somewhat parallel transaction, UK-based banking giant HSBC has completed the world’s first commercially viable trade-finance transaction using blockchain, in the process opening the door to mass adoption of the technology in the $9tn market for trade finance, a process which ironically culminates with traditional banks such as HSBC becoming disintermediated from the fund flows process, i.e., obsolete. HSBC said the blockchain trade, which processed a letter of credit for US food and agricultural group Cargill, had shown the platform was ready to be commercially adopted across the industry. In many ways the news will be welcome, especially when it comes to trade finance: traditionally one of the most convoluted and burdensome pillars of modern finance, one which has been deeply in need of disruption. As a result, the FT notes that the introduction of blockchain "is expected to shake up the centuries-old trade-finance industry, reducing the numerous documents and several days of processing needed for a single transaction to a paperless task that can be completed in hours." And, as Vivek Ramachandran, head of innovation and growth for commercial banking at HSBC, said, "the next stage is actually encouraging as many participants as possible to sign up to the utility" adding that banks, shipping companies, ports and customs operations would have to take up the same technology before it could gain widespread usage. "We don’t envisage the platform as anything other than a utility." Think of blockchain is to trade finance as DTCC was to old-school stock certificates (incidentally, blockchain is set to revolutionize DTC as well). https://www.zerohedge.com/news/2018-05-13/hsbc-completes-first-trade-finance-deal-using-blockchain-opening-9-trillion-market This is going to upset a few apple carts !
  12. Miss Behavin

    Blockchain for business

    Sierra Leone Holds World's First "Free And Fair" Blockchain-Backed Election. Nice article on how BC is slowly but surely taking over everyday functions...bring it on https://investingmatters.co.za/sierra-leone-holds-worlds-first-free-and-fair-blockchain-backed-election/
  13. Miss Behavin

    ZarX Stock Exchange

    The Public Investment Corporation (PIC), one of Africa’s largest asset managers, has bought a 25% stake in ZAR X for an undisclosed amount. The equity injection would bolster ZAR X’s balance sheet and listings pipeline and enable it to better drive financial inclusion, CEO Etienne Nel said on Thursday. "We were looking to bolster our BEE [black economic empowerment] credentials and went through an extensive process last year, talking to various strategic BEE partners. The additional benefits that the PIC brought to the table won the day," he said. ZAR X now had a 36% black shareholding.The exchange was already in discussions with the PIC around listing some of its considerable private equity assets, Nel said. ZAR X was the first of four new stock exchanges to be launched in SA over the past 12 months, in what is the first challenge in decades to the JSE’s dominance. Its February debut was followed by the take-offs of 4 Africa Exchange, A2X Markets and Equity Express Securities Exchange.The PIC’s investment in ZAR X is a strong vote of confidence in the exchange and augurs well for its rivalsWhile few dispute that the new exchanges will promote competition and financial inclusion, they have got off to a slow start, primarily stocks listing that had traded over the counter before or in which trade was restricted. Only A2X, which provides a secondary listing platform for JSE-listed heavyweights, has managed to list large companies such as Coronation and Afrimat. In 2017, Patrice Motsepe’s African Rainbow Capital Investments bought a 25% stake in A2X. The PIC’s investment in ZAR X is a strong vote of confidence in the exchange and augurs well for its rivals. It gave the PIC, which manages more than R1.9-trillion in assets, "an alternative platform from which to trade and on which to list", said corporate affairs head Deon Botha. It had chosen ZAR X over other new exchanges based on "the opportunity presented". "This transaction will assist us in our resolve to bring about meaningful change in and transformation of the domestic capital markets and overall financial services industry landscape in SA." The PIC holds a 9.86% stake in JSE Ltd on behalf of the Government Employees Pension Fund, Bloomberg data shows. January had been ZAR X’s biggest in terms of trading values since its launch almost a year ago, said Nel. It had now signed up 10 stockbrokers, including one of SA’s largest prime brokers, Peregrine Securities. This would boost trading on the exchange, which had a market value of about R3.7bn. The listings pipeline was also looking healthier, as the malaise that gripped the market in 2017 began to lift after the ANC elective conference. "Since the beginning of last week we’ve had inquiries for five new listings. The discourse with issuers is significantly more positive."
  14. Miss Behavin

    Is gold a good investment?

    "You're Going To See A Rush For Gold" - Katusa Warns De-Dollarization Is Accelerating Global strategist Marin Katusa is the New York Times best selling author of The Colder War, which details the geo-political power shift that threatens the global dominance of the United States. He’s also a well known resource hedge fund manager who legendary investor Doug Casey has called one of the best market analysts he’s ever worked with. His prior forecasts noted that countries around the world would soon stop trading commodities like oil in the U.S. dollar, something we’re already seeing with China, Russia, Iran, and Venezuela, all of which are preparing non-dollar, gold-backed mechanisms of exchange. This trend, according to Katusa in a must see interview with Future Money Trends, will only continue to weaken the U.S. dollar going forward and the result will be a massive capital flight to gold in coming years: I think we’ll have a near term bounce on the U.S. dollar… then it’s going to be very weak… and then it’s going to go much, much lower… With China and Russia working together to de-dollarize the U.S. dollar starting with oil, which is the biggest market… and then all the other commodities. You’re going to start seeing a massive unwind of these U.S. dollars in the emerging markets. When that money comes back… which it will… and the world starts cluing in that the emerging markets need gold to convert the Yuan and the Ruble and all these different factors, you’re going to see a massive rush for gold. Katusa notes that he is preparing to “load up” on gold-based assets as the dollar strengthens and puts additional pressure on gold prices, but says that by next year major fund managers will start moving capital back into precious metals in response to dollar weakness, global de-dollarization and economic crisis: Everybody wants to rush in when something’s exciting… but you take your position before the massive flow of money… I think we have a near term dead cat bounce for the U.S. dollar… which will mean we’re going to have a little bit of weakness here in gold in the near term… the next six months is my time to load up. …And when the funds flow come in… it’s going to be the equivalent of Niagra Falls coming through your garden hose. The geo-political realignment taking place now stands to upend the financial and economic systems as we know them. This shift will not come without crisis and panic. The time to position yourself in gold-based assets is now.
  15. Miss Behavin

    ZarX Stock Exchange

    Picked up this thread on twitter. Looks like EE are able to trade ZAR X shares ! All these things happening on quiet !? Has anybody asked EE how to trade on ZAR X ? https://twitter.com/dutchie_analyst/status/908592323126349825 https://www.zarx.co.za/broker-list
  16. Miss Behavin

    Blockchain for business

    With Tencent adding their weight behind BC its going to become significantly more mainstream
  17. Miss Behavin

    Blockchain for business

    Tencent Taps Intel's Hardware for IoT Blockchain Solution Chinese internet conglomerate Tencent announced a blockchain research partnership with multinational tech corporation Intel at a conference yesterday. The deal, which will see a new R&D lab established in Wuxi, Jiangsu Province, aims to fuse Intel Core technology with the Tencent User Security Infrastructure (TUSI) standard to develop a secure blockchain system for the Internet of Things (IoT). The effort aims to develop accounts secured by "hardware keys and blockchain," so that IoT devices can "enjoy unified security capabilities," a local news source states. Intel has been pursuing blockchain technology for some time, with a particular emphasis on its own hardware-based security. As reported by CoinDesk, the firm uses so-called "software guard extensions" (SGXs) to create secure enclaves within its processors to protect vital data.Tencent, which notably developed the WeChat messaging app, also has a history with blockchain technology. Back in April, the company released a white paper detailing a suite of blockchain services currently in development. And, in June, the firm revealed work with Bank of China on a blockchain research effort. https://www.coindesk.com/tencent-taps-intels-hardware-for-iot-blockchain-solution/
  18. Miss Behavin

    Stock Watch Thread

    Are there any updates on the cautionary that they posted a while back ?
  19. Miss Behavin

    Stock Watch Thread

    Sanlam acquires 30% of EasyEquities...looking very positive for EE https://www.moneyweb.co.za/news/companies-and-deals/sanlam-investment-holdings-acquires-30-of-easyequities/
  20. Miss Behavin

    Blockchain for business

    This is very big news...it basically means Cryptos and Blockchain will become more mainstream
  21. Miss Behavin

    Blockchain for business

    SEC declares digital assets can be "securities" under U.S. law WASHINGTON (Reuters) - Wall Street's main regulator said on Tuesday that initial coin offerings (ICOs), a means of crowdfunding for blockchain technology companies, should be subject to the same safeguards required in traditional securities sales.ICOs have become a bonanza for digital currency entrepreneurs by allowing them to raise millions quickly by creating and selling digital "tokens" with no regulatory oversight. But the Securities and Exchange Commission (SEC) has declared that the tokens can be considered securities, and therefore, may be need to be registered unless a valid exemption applies. The decision means that blockchain startups can no longer ignore investor protections, making it potentially more difficult for them to fundraise via coin sales. By mid-July, tech firms raised about $1.1 billion in 89 coin sales this year, roughly 10 times more than that in the whole of 2016, according to data compiled for Reuters by crypto-currency research firm Smith + Crown. The SEC's decision was released in an investigative report into a virtual organization known as The DAO. The DAO was created in April 2016 by a blockchain solutions company called Slock.it. A blockchain is an online ledger of transactions maintained by a network of computers which gained prominence as the technology that underpinned digital currencies such as bitcoin. The DAO was designed as a decentralized crowdfunding model in which anyone could contribute ethereum tokens to be a voting member and have an equity stake in the organization. Ethereum is another cryptocurrency. Although it raised $150 million as of late May last year, an anonymous hacker later funneled $60 million of the tokens into a separate account. The SEC said in its report it has decided not to bring civil charges at the end of its probe into The DAO, but instead use the case as a cautionary tale for the market. https://www.reuters.com/article/usa-sec-digital-idUSL1N1KG1XU
  22. Miss Behavin

    Blockchain for business

    This is a game changer for investors since it drives costs down improves transparency and has better security. Nice to see the regulators slowly coming on board
  23. Miss Behavin

    Blockchain for business

    Delaware allows corporations to use blockchain to create & maintain transaction records The “corporate capital of the world” has just made it legal for corporations to use blockchain technology for stock trading and record-keeping. At the same time, a digital currency trading platform has been authorized to provide clearing services. On Friday, Delaware Governor John Carney (D) signed a bill that allows state corporations to “use networks of electronic databases (examples of which are described currently as 'distributed ledgers' or a ‘blockchain’) for the creation and maintenance of corporate records, including the corporation’s stock ledger.” A Blockchain, also known as a distributed ledger, is a digital record of transactions between parties on a network.Traditionally, corporations have relied on intermediaries like clearinghouses, custodians, exchanges, fiduciaries, or banks to settle transactions. Each intermediary had to verify transactions with their own ledgers, which adds time and cost to each transaction. With the blockchain, a ledger is shared among a large group of peers who collectively record all transactions digitally and validate transactions without the need for a third party. Since the blockchain is shared among such a large number of peers, who each maintain a complete ledger with a full history of transactions, and that record is constantly being updated, it would be nearly impossible to manipulate. Without the need for a third party, a corporation can also verify transactions anywhere in the world without the need for any fees. Transactions that would take days or even weeks with traditional ledgers can be settled in minutes with the blockchain. Introduced in March, the bill amends the state’s General Corporation Law, which is “the most advanced and flexible business formation statute in the nation,” according to the state's website. The Delaware Economic Development Office claims that nearly 1 million business entities, including more than half of all US publicly-traded companies and 60 percent of Fortune 500 companies, have made Delaware their legal home. The new blockchain rules will go into effect by August 1, 2017. “LedgerX will be authorized to provide clearing services for fully-collateralized digital currency swaps,” the announcement said, adding that LedgerX “initially plans to clear bitcoin options.” Paul Chou, CEO of LedgerX, said the CFTC announcement “opens the market to a much larger customer base.” “We are seeing strong demand from institutions that previously could not participate in the bitcoin market due to compliance restrictions against unregulated venues. In particular, there is a desire for fund managers to hold financial instruments that are not correlated with the broader equity market, and digital currencies meet that need,” Chou said, according to CNBC. https://www.rt.com/usa/397397-blockchain-delaware-bill-passes/
  24. Miss Behavin

    SABC "scamming" you into paying telephone fees

    Blocked ! I happily make a monthly contribution to OUTA in addition to boxing on the E Toll matter they have a SABC campaign running as well https://www.outa.co.za/sabc-campaign/
  25. Miss Behavin

    How the blockchain is changing money and business | Don Tapscott

    This is going to be a game changer "the bill is expected to pave the way for potentially large-scale issuance of stock on a blockchain. By trading stock on a blockchain or similar distributed ledgers, users can cut out middlemen like the exchanges and ATSs that profit by facilitating trades, resulting in significantly faster settlement times." http://www.zerohedge.com/news/2017-07-02/delaware-assembly-passes-historic-law-legalizing-blockchain-based-stock-trades
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