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Outlook

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Everything posted by Outlook

  1. Does anyone have any experience dealing with this company? I have a friend that is looking at ways to finance his car, but due to a fallout with Cell C years back he is still blacklisted so most traditional options available is not an option for him. Judging by the description of Gallardo Finance, they appear trust worthy?
  2. 2016 has been a bad year for celebrities... Carrie Fisher, best known for her role as Princess Leia Organa in the Star Wars series, has died at age 60. Fisher suffered a heart attack on a flight from London to Los Angeles on Friday, according to TMZ. An EMT on board administered CPR until the flight landed, and she was rushed to a nearby hospital. A family spokesperson confirmed her death this morning to People Magazine and said, “She was loved by the world and she will be missed profoundly.” In a statement, Disney CEO Bob Iger noted that Fisher “will always have a special place in the hearts of Star Wars fans as well as all of us who were lucky enough to know her personally.” http://www.theverge.com/2016/12/27/14074922/carrie-fisher-star-wars-princess-leia-obituary
  3. From Twitter as well: If MTN can break through the 200-day ma the entire picture would change from grinding to frankly bullish. Oil >55 says it's probable. Link - https://twitter.com/Richards_Karin/status/810733095204847616
  4. For a trader, yea maybe. As a passive investor I won't touch a bank.
  5. You can always count on the banks to screw things up royally!
  6. I thought about the cash part, but what if we get downgraded December then that cash won't be worth much. Perhaps South Africans should look at the bitcoin route as a means to protect you in a way? I do not understand bitcoin and currency all that much so I do not know if bitcoin is good, but to me it sounds like a better option than cash under the bed or bank. When I say cash I am referring to ZAR notes.
  7. Glencore has a graph that looks incredible tempting, I see a upswing movement?
  8. I would go: db x-trackers MSCI World Index (DBXWD) - 50% (Even if Deutsche Bank goes down like it looks it will it should not affect my ETF) Coreshares Top 40 Equally Weighted Exchange Traded Fund (CSEW40) - 25% Standard Bank AfricaPalladium Debentures (ETFPLD) - 25% ( until it reaches $1000 then I will see what looks good to buy )
  9. I have been watching your posts here for a while now and also noticed similar spikes from time to time, I too am interested to know what causes this.
  10. Is this also a Unit Trust: https://d3adx8liabxypl.cloudfront.net/assets/downloads/OldMutualCoreDiversifiedFund.pdf?v=52 I use the 22seven app and always wondered about the 3 funds you can buy through them: https://www.22seven.com/invest-your-money scroll down a little, the particular fund I am looking at is "Old Mutual Core Diversified Fund"
  11. Central to answering the question is understanding the entity and drivers, as well as inherent risk scenarios and of course opportunities. South African investors have always had the option of investing directly in UK real estate without having to utilise offshore allowance through Intu, a leading shopping centre owner and operator, as well as Capital and Counties, a property developer. Since the Brexit referendum vote, Intu has declined by about 11% to the end of August whilst Capital and Counties has dropped an even sharper decline of 26% in rand terms. A large proportion of the share price declines can be attributed to the devaluation of the British pound relative to the rand of about 10% over the same period. Given this decline, the question often asked is…“is it the right time to buy Capital and Counties?” Central to answering the question is understanding the entity and drivers, as well as inherent risk scenarios and of course opportunities. Capital and Counties offers investors exposure to UK prime retail assets such as Covent Garden, which accounts for about 58% of the value of the assets on the balance sheet. This unique retail asset has been repositioned and redeveloped to drive up rentals by attracting various premium and unique retail, including food offerings. Management has successfully executed on this strategy and are on track to achieve £100m rental income on the property by the end of December 2017. By June 2016, 50 new leases and renewals were signed at 7% above the December 2015 estimated rental levels. The company has committed €72m on redevelopment projects in the precinct to further enhance value. Although the bulk of redevelopments to enhance rentals has been done, average rentals at Covent Garden are still lower than Central Prime London rentals. This leaves more room for rental increases although the current economic conditions are likely to pose challenges. These income generating retail assets should be able to withstand the current environment given their unique quality. Investors in Capital and Counties also gain exposure to the so called Earls’ Court masterplan which is a residential development opportunity comprising of about 70 acres of land located in Central London with good access to transport. This portion of the fund will be the largest driver of growth in net asset value in the medium to long-term due an overall shortage of housing in London. The development aims to provide about 10,000 residential units, but the challenge is absorption by the market of the units to be supplied. London house prices have increased by about 49% since the first quarter of 2013 to the last quarter of 2015, as the market attracted a lot of foreign buyers especially at the high-end, with a large proportion of the purchases increasingly being made for investment or rental purposes. The recent transfer duty increases as well as uncertainties surrounding the Brexit vote have however led to a slowdown in the number of sales transactions and previously achieved selling prices for the residential units are coming under the spotlight as they are likely to come under pressure. In the recently reported results, the value of Earl’s Court has in fact been reduced by 14% with the overall property values declining by 3.8% on a like-for-like basis reflecting the uncertainty. Gearing levels within the Capital & Counties remain conservatively low at around 20%. Further write downs in asset values are therefore unlikely to lead to a breach in debt covenants. Low funding costs as well as potential fiscal stimulus are likely to be supportive of asset values. The weak British Pound is also likely to invigorate some buying interest amongst offshore investors looking to offshore diversification. The risk however lies in the uncertainty of the eventual outcome relating to the finer details of Brexit and its impact on the economy as it will affect development margins, the pace of net asset value growth and sentiment around the stock. With details around Brexit only to be finalised some time next year, investors are likely sit on their hands with the share price likely to remain depressed until there is greater visibility of earnings or net asset value growth. This investment is more likely to only generate good returns in the long-term and there will be no instant gratification if you are a short term punter. We therefore believe the long-term investment case for Capital and Counties remains intact and hinges around its unique quality retail portfolio which should prove defensive & continue to achieve good rental growth. The shortage of housing in London, the city likely remaining a global financial centre and the UK retaining its appeal as a safe-haven among developed markets should be supportive of prices in the long term. Lesiba Ledwaba is a fund manager at Ashburton Investments
  12. I too am lucky enough not to work weekends, my first job we had to work weekends looking back now; I will never in my life go back to that slavery. I understand some industries especially retail like pick n pay cannot do otherwise, but hell thank god I am not a teller.
  13. I wonder how this #FeesMustFall movement will affect UNISA considering the talks of the unisa SRC joining in the fees must fall thing
  14. I am in the middle of which one to buy, I like equal weighted but I also like the added 10 companies for diversification. Thoughts?
  15. Yea he is a regular on JustoneLap.com which I listen to often, but I am not sure how I feel about him just yet, but I like his analysis.
  16. http://smallcaps.co.za/blog/rolfes-worth-over-500cps/ Rolfes is a stock I have also been watching and I am now concidering putting money into it what do you guys think?
  17. EasyEquities powered by First World Trader (Pty) Ltd t/a GT247.com (EE), as an authorised financial services provider, has a strong focus on customer satisfaction. Our mission is to be a respected and recognised financial services provider. Treating our customers fairly is a primary objective of the conceptualisation, creation and launch of the EE platform.
  18. Hi, do any of you perhaps have a spreadsheet or something of historical JSE data? I would like historical monthly data of the JSE All-Share Index. I am looking for Historical JSE data from 1887 to current day. This is to create data visualizations and other stats and models.
  19. 1. Coffee 2. Cheese griller 3. Screen 4. Random book 5. Pencils
  20. I like it, I have first purchased it in 2013 and it has been solid ever since definitely a longer hold for me I am not planning on selling it. They reshuffle the fund according to a set of criteria they have with the idea that the fund will reap the rewards of short term "momentum" in the market essentially in my opinion a actively managed passive fund. I cannot fault it thus far and with the current dip I would say it makes for a nice entry "psychologically" since 5 years from now this drop will not even register, but the things we tell ourselves getting in 5 cents to late is a deal breaker Conclusion: The fund aims to capture the returns from short-term momentum in South Africa’s largest stocks and it reshuffles it's holdings quarterly.
  21. Outlook

    Reits...

    Choices! Who to get, Liberty vs Listed Fund Hammerson
  22. There is a video in this link http://www.fin24.com/Economy/watch-gordhan-explains-his-hawks-move-over-sars-20160825-2
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