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Outlook

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Everything posted by Outlook

  1. Generally I am against anything Apple, but I suspect they might be the best option on the market in 2017 concidering it's the 10 year anniversary. Assuming you are looking at buying on a contract then whether you go for a G6, S8, HTC 11 whatever, they are all the same price range give or take so based purely on that I would suggest the Apple Iphone 8 on a Telkom Freeme contract if you can. If you are looking at buying cash, then do what Hamster said, move away from these "brand" phones and buy something else, The Nokia 6 smartphone I think has potential, otherwise if you want to import, do consider the Oneplus 4 or Google Pixel 2
  2. Telkom SA SOC Ltd. plans to break out its telecommunications towers and real estate assets into a separate unit that may then be listed on a stock market, according to two people familiar with the matter. The new entity would be run by a new, property-focused management team charged with generating extra revenue for Africa’s biggest landline provider, said the people, who asked not to be identified because the plans are private. Pretoria-based Telkom has one of the largest real estate portfolios in South Africa and Chief Executive Officer Sipho Maseko wants it to contribute more to earnings, they said. Source:https://www.bloomberg.com/news/articles/2017-03-27/telkom-of-s-africa-said-to-split-tower-assets-may-consider-ipo
  3. Well it seems it will not be broadcasted anymore.
  4. https://platinumwealth.co.za/insights/trading/introduction-day-trading/
  5. Desai J will rule at 10am tomorrow whether it will be streamed live #VanBredaLiveStream
  6. He was painted as a suspect from the start, but it took police almost a year-and-a-half to arrest Henri van Breda and charge him with the murder of his parents and brother. On Monday, he will go on trial on charges of killing his father Martin, mother Teresa and older brother Rudi van Breda with an axe, and of the attempted murder of his sister Marli in the early hours of Tuesday January 27, 2015. Strong case In addition to the murder and attempted murder charges, Henri was also charged with defeating the ends of justice. He allegedly inflicted injuries on himself, tampered with the crime scene and misled police about the true identity of the perpetrator. The NPA repeatedly sent the docket back to the investigating officers to ensure that once charged, the State had a solid case against Van Breda, spokesperson Eric Ntabazalila said. === This will be the official thread to discuss matters surrounding the Van Breda Murder Trial.
  7. Outlook

    Hello

    Hello and welcome to the forum. Community is starting to grow, I like it.
  8. Sea Harvest is food. Basic food. I think they will be a bit of a different investor.
  9. Not sure if Kruger rands counts, but I own one. After this whole FNB saga I am going to sell mine and use that money to start with bitcoin and ethereum.
  10. How about a vote? @Admin can we have a poll?
  11. Female traders can be far more selective, as they spend more time evaluating before making a trade and have a calmer approach in financial storms. Previous research shows women trade less than men, but does not reveal why. Our analysis shows this greater delay between trades is there for a good reason. I worked with researchers Joakim Westerholm and Wei Lu to look at every trade women undertook in 28 major Finnish stocks usually most heavily traded by men. We chose Finland because it has by far the best data inclusive of gender and trader location. Although the population is small, we observe almost a million traders. The trades took place over a 17 year period, from 1995 to 2011. Normally, when conducting research like this, one might identify a trade made by a male. If the price rises in the next day, week, or month, that trade is supposedly successful, even if he sold that stock two years later at one half the price he paid for it. Since his counterparty, the person who sold him the stock, is unknown, they could be either male or female. Using this kind of research it is impossible to say which gender is better. But in our research we could track every one of the traders, and even identify where they lived or moved to. This is because Finland assigns a lifetime identity to every investor: institution and household (by gender within the household), such that every individual’s portfolio and every trade is fully identified on every day. We know that male traders took the other side of the trades we were studying. Knowing when to sell Ideally, traders try and sell when the price is high, even better when the price is unjustifiably high. But these opportunities do not arise every day and not all traders are equipped to detect them. For example, in Finland, females waited until 1998 to increase the rate at which they sold Nokia stock to men. Around that time, Nokia had not increased in price by 10%, or even 100%, but by 5,000% (yes, 50 times) due to pressure from US institutional investors. Similarly, in 2007-08, when Nokia once again boomed following it’s collapse in 2002, the rate at which female investors sold to men increased again. Their pessimism was justified as this boom preceded the global financial crisis collapse. Although male trading activity increasingly dominated female trading activity over the 17 years we studied, female trades were more successful. Female traders managed an annual internal rate of return of 43% on their Nokia holdings, and 21.4% across the 28 stocks. The males, meanwhile, had correspondingly high losses - negative returns of -43% and -21.4% on their completed trades. Why is there a difference? Our study shows female traders are far more “contrarian” than their male counterparts. They tend to buy stock following severe price falls and sell to males following substantial price increases. Females appear to lose money in the short-term (buying as prices fall, for instance), but gain in the longer-term following severe price reversals. Because of our ability to track trades over a long period, based on actual buy and sell trades, we can see that it is not valid to conclude from short-term price declines that females suffer losses. On average, females buy cheap and sell dear, indicating they are far more informed than males. This apparent contrarian trading strategy has the added effect of stabilising markets. In fact, the very large collective profit of 19 billion Euros that Finns made by trading with foreign (largely US) funds over the period of our study is due to the destabilising trend-following behaviour of the foreign institutions. These foreign institutions were easy pickings for both smart and informed Finns, whether they be households or domestic funds, indicating that traders are better off investing domestically in markets that they better understand and have an information advantage. To confirm this, we pitted males located in the Greater Helsinki region - near lots of company headquarters, against males located in the rest of the country. We similarly pitted females against other females based on their location. This experiment showed that locals tend to profit. But this didn’t hold across genders. Female traders located in Greater Helsinki profited even from trades with males in the same region, while females in the rest of the country also profited from their male counterparts. A striking feature of all our analysis is that Finnish households don’t behave in the manner that is depicted in standard finance texts. When they invest their own money they don’t diversify by holding the a representation of the “market”. In fact, on average the number of shares in their portfolio is only 3.4. Contrary, also, to popular belief, households trade very little compared to institutional investors. Very small and focused portfolios ensures far better management of the timing of trades. The results of our study show that females are far better traders than males when they use their own money. This could be because they are better at picking up nuances in markets than are males. Moreover, they are not carried away by the euphoria of rapidly rising prices, as Wall Street dominated by aggressive male investors, tends to be. A female invasion of Wall Street might not only see far more stable markets, but also a far lower likelihood of the next global financial crisis. Source: http://theconversation.com/why-women-make-the-best-stock-traders-74081
  12. Outlook

    Hello

    Welcome to the forum! Do not buy gold. It kicked me and most of us here.
  13. Wow great post!! Thanks. I think I might dive into bitcoin as well.
  14. The Passenger Rail Agency of South Africa is going through serious turbulence that’s symptomatic of broad corporate governance failures within the country’s state owned enterprises. Its acting CEO was recently fired by the board, following allegations that he raised his remuneration by more than 350%. Shortly afterwards the minister of transport dissolved the board. The Conversation Africa’s Business and Economy Editor Sibonelo Radebe asked Owen Skae to explain the causes. What went wrong in the governance of the Passenger Rail Agency of South Africa? This is just another example of the shareholder undermining the board, something that’s becoming an all too common dynamic within South Africa’s state owned enterprises. The trend can be seen in the frequent chopping and changing of state owned enterprise boards over the past few years. Names that come to mind are South African Airways, Airports Company of South Africa and the arms manufacturer Denel. At best this leads to toothless boards, which may be trying to do their best but are undermined at every turn. At worst, it creates “zombie boards” which are simply there to rubber stamp the wishes of the shareholder and the powerful executives who don’t feel they are accountable to anybody. When that happens things can go horribly wrong. What are the key tenets of healthy relations between the executives (CEO) and the board? The starting point is to understand what the respective roles and responsibilities of board members are. As Mervyn King Chairperson of the King Committee (which drafted a set of codes on good corporate governance for the country) often points out, there is no single leader of an organisation. Rather, there’s a chairperson who leads the board, (or governing body as it’s referred to in King IV, and a CEO who leads the executive team. What many people fail to grasp is that the board is not accountable to the shareholder. It is accountable to the organisation and is duty bound to act in its best interest. The board safeguards the interests of the enterprise, thereby ensuring that sustainable value is created for all stakeholders, including the shareholder. The board determines the policies and strategy of the organisation (based on input from the executives), and then delegates the authority to implement the strategy to the CEO and the executive team. The board then has a monitoring and oversight role and will meet at regular occasions to engage with the executives. The board is also expected to establish committees to monitor key areas like remuneration, audit, risk, social and ethics issues. It’s vitally important that the board doesn’t interfere or undermine the executive team. Trust is essential to allow the respective roles of the board and the executives to be carried out. At the same time, however, the necessary checks and balances must be put in place to ensure that the executives don’t go beyond the parameters and authority set by the board. The CEO is of course the visible face of the organisation and hence often enjoys the highest profile. But it doesn’t change the fact that the CEO (the executives) report to the board. Who should set a CEO/executive directors remuneration and why? South Africa’s code on corporate governance recommends that the board establishes a remuneration committee. Its members should be non-executive and the majority must be independent non-executive directors. This is to avoid conflicts of interests which can lead to underhand deals. The code also stresses that the committee should be chaired by an independent non-executive director. The structure is designed to make sure that the CEO cannot determine his or her remuneration, as they are likely to have a conflict of interest in doing so. The running of state owned enterprises is complicated because of the role of the political office (the line minister). How should this dynamic be navigated? Whether it’s a private or public entity the bottom line is that the board – and not the shareholder – is the custodian of the corporate governance practices. The shareholder approves board appointments. After that, the shareholder should allow the board to function and not undermine the workings of the board. The relationship between the board and the CEO must then be allowed to be conducted in terms of good governance. How can the SOE situation be fixed? The shareholder should ensure it elects board members who imbue the qualities of integrity, competence, responsibility, accountability, fairness and transparency. The board should then elect its chair, subject to the approval of the shareholder. After that, the board must be left alone to discharge its duties and report to the shareholder as required in terms of legal, compliance and other relevant obligations. The shareholder should not have a direct line to the CEO as this simply undermines the relationship between the board and the executives. Source: https://theconversation.com/how-governance-failures-messed-up-south-africas-rail-agency-74453
  15. I completely agree and get what you are saying, but lets called it for devil's advocate sakes make the following observation, is this your battle to fight? Surely the JSE should be harsher on companies who is known for such issues? I am not clued up about how this all works at all like if there is a scale to measure SRI of a company and make listing requirements based on that, but the layman in me likes that last bit of the OP suggesting this should not be the investor's burden so to speak? === On a side note I read there is a JSE Socially Responsible Investment (SRI) Index, is it possible to invest in that, is there like a ETF or something?
  16. Ahhh yea that would work! People myself included tend to forget the online world does contain only developers and content writers, but also have other real world skills like building a server room's building.
  17. I am actually not sure to be honest. I am not too impressed with the PLG group offer: http://www.plgschools.co.za/images/PLGProspectus/PLGProspectus2017.pdf
  18. Welcome to the forum @Aeonian I like the fee comparison would also be interested in knowing what Absa's looks like.
  19. Sea Harvest IPO has set a price range of R12 to R14.50.
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