MrDividend

Eish - yeah also not a happy camper. If the price had fallen substantially around the rights offer I might not have taken part, as i was already burn't on the one at around R3 - been holding for a while. So, of course, was wondering if I could pick up a few below R1.50 Pity - could have spent the cash on better shares. Oh well. Still like the company, beginning to have doubts about the management.

nice one ice - I do like seeing the spread as well as the option to buy crypto taking into account fees.

Personally, although there is appeal in mining, I have a little experience in trading so took that route. But had to think about - because like any bloke, I get a semi looking at all the shiny gear. Just worked it out, and although dribbled the money in over a couple of weeks, and am a couple of days shy of a month - am up 61%. Woo hoo. Could take the profits and get myself a nice little three card rig....

well, crypto did tank 20% last week as well - but recovered very well. have a fair amount of red - but in 'banked' profit, am up 10% - with a couple more unbanked.

Personally, i think even 10% in crypto is pushing it - but anything over would be nuts. I've got 2%. I settled on that because my portfolio has bounce on a good/bad day by that amount and it doesn't bother me.

The one thing I have decided is that i am not selling at a loss - at least for a couple of montsh or so. I know. Breaking a huge a trading rule here - but the swings are so huge that even with a 20% stop - you could be knocked out in a day. So they way I am going to right size the trades is not on a stop, but on the trade as a whole. But so far so good - couple of good trades, but really the increase in BTC has been huge. last couple of days has seen a bit of red being splashed across the portfolio - but have one largish trade that is doing very well - RDD (started buying at 6, now 66 - my first 10 bagger). also joined gatecoin - another exchange, not very impressed though. I really do not want to keep wallets on my pc so would rather have my cash spread over a few exchanges instead.

As soon as the SENS came out I though the gap was massive so I shorted. Was surprised to see an hour later that the share had gained slightly so cancelled - figuring I had read it wrong. THEN is started to fall.... The market often surprises me how slow it digests information. Personally, think it will drop further - IF it get's to around R18 - I will have a nibble. But no one to tell where it will go, although I am sure most will say it's going to drift down for a bit.

92 / 7 * 9 * 11.28 = R1334 Don't think there are any other fees incl broker fees - haven't for me in the past - this is called following your rights. IF you SELL your rights (there is a value attached to them ) - ABSA will charge you minimum broker fees - but EE won't - or at least did not for me last time with CIL.

Not 100% sure - I do know that this is 100% underwritten - so any shares not picked up will be picked up by xxx . Essentially the same - I think

ABSA TFSA is really good. Have been using it to trade - since March 2017 have been in 3 trades, in my 4th now. Up 22% - ecstatic with that. Compared to my EE account. R30K 2015 - think March, R30K 2016 tried to spread it out. Current value? R66K

Taste's offer also on the table: Will follow 100% - was worried that it was going to cost me a way to much, but this is doable. Still not that happy about selling the jewelry business - and I think their excuses was BS. But would like to see Starbucks rolled out way quicker than it has been.

So second day..... For those that trade, the crypto exchanges are open 24/7 - even fx shuts on weekends! Spikes are MASSIVE. To give you an idea - bought BURST yesterday, kept on going down, little by little for a whole day - was over 20% down in 24 hrs. leveled ou after lunch but still a good 16% down for the afternoon. Then 1 hour ago it spiked - and am now 16% in the green. That's a huge turnaround. Sorry, before I hit send - now up 24% Crazy - not sure how i am going to be trading this...trying to formulate a plan

Also bought BTC through Luno and the sent that to Bittrex. From there you can buy most altcoins - cost 0.2% on the buy and the sell.

So looked at the mining thing, of course. Sounds like a great way to get in to crypto - having a small set up humming away earning you BTC while you sleep soundly. And i am sure for many, it works. For me though, I could see multiple problems that could pop up. That said, might try rent hash time at nicehash and probably pretend i am a miner and use spare h/drive space mining burstcoin. But I do like the idea of trading crypto - very volatile, but lot's of resources out there. So have opened accounts with a couple of exchanges bittrex and poloniex - joined Luno to initially buy some BTC - transfered cash this morning. Have also joined a crypto trading room - seem like a nice group of guys. at this Discord Channel i do trade CFD's on GT247 - have done it for a while and got to a point where I am at least not loosing! so will be comparing the two types of trading. Because on crypto my base currency will be BTC, no position is still definitely a position!

For me it's more about sectors - no good having twenty companies, but they all in resources or financials. for me, if I really like a company - I can go up to 10% - but for most around 5%. Small punts - 1-2%. I have around 30 - 40 companies in my LTP. I do have an income producing portfolio as well - mainly property with around 25 - 30 REITs. Probably a smart way to go about would be a few ETF's covering 70% of your portfolio - and 30% individual shares - maybe 5 or so.

I did find it interesting that Japan has accepted bitcoin as a currency. Might wait for a pull back - to around $1300. Beginning to warm to the idea that the amount in circulation is capped.

tell me about it. I just cannot get my head around using graphics cards to solve problems and that makes cash. Hey, I am not really a fan of cash ether. I do, for the most part, understand stocks. So will stick with that and let this train pass me by.

Anyone look at MMG? Pretty much a services group - with some very nice niche services. nice divided, has had great growth and on a P/E under 8. Have some in my LTP as well as some for a swing trade - I am hoping for a positive (maybe even very) TA in the next 2 weeks. If so, might kick it out it's current trading range.

Most South Africans should buy a house - purely because they won't invest any money saved. Those that would, shouldn't. On FIRE, stopped working at 39 years 11 months. Been retired for three years now, woohoo

I have some in my LTP. Bit pricey p/e wise for a financial company at the moment - 23. At a guess, 15 or lower would be about average in the financial sector. Also not much of a track record to gauge where they are going - of course DB thing is interesting and they do talk the talk. I guess it's a unenthusiastic hold for me.

Haven't looked at it for a couple of years. latest SENS for the six months ended 31 December 2016 is expected to be between 40 cents and 48 cents, being -190.1% and -208.1% lower compared to earnings per share of 44.44 cents for the six months ended 31 December 2015. Normally a decent dividend payer - but hasn't really grow earnings for a few years. if you want them, looks like a good time to get in - looks like it's on support, but would probably have to part of your long term portfolio. For me, I think there are more exciting shares out there.

Nice one quintus -

What I found interesting and would be interested in - save me on making excel spreadsheets - as I try find best in class. The ShareFriend Pro software has multiple market scanning features, which allow you to narrow down the market and choose the best shares. These scans are user-friendly and easy to read. http://www.pdsnet.co.za/index.php/sharefriend-pro-technical-analysis-charting-software/#1487250164783-1427d18b-f570

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Very interesting thread with some knowledgeable people. Personally, although always on the look out to make a quick buck, because there is no way to estimate the value of a bitcoin, it's hard to make a case for it as an investment. It's up there with gold as a speculative "bet", but gold has thousands of years history and is accepted at country level as a store of wealth. That said, could see a spot for it in a trading portfolio when using technical analysis, nice volatility. My point is, I think people should be very weary of treating it as a long term investment (even putting is as part of your cash holdings) - it's not buy and forget. Use it to trade, and therefore use trading rules, not investment rules.