Jump to content

Stock Watch Thread

Spreadsheet Ranger

By Spreadsheet Ranger
in Investments

 Share

Recommended Posts

DieWerner Newbie

DieWerner

Posted
Posted

Is anyone following what is happening to Oakbay Resources [JSE:ORL] ????

 

It dropped 25% yesterday and another 25% now. Is something happening to the Guptas that I haven't seen in the news?

  • Replies 1.1k
  • Created
  • Last Reply

Top Posters In This Topic

Popular Days

Top Posters In This Topic

Popular Days

Popular Posts

Groovy
Groovy

I like L4L, i just don't have them in my portfolio, very tempting at current levels. The share didn't react positively to the RAGE acquisition news , comments like "Joffe overpaid for Rage" came out o

phatphil
phatphil

Any idea what is next with Long 4 Life?  Do they have any mergers in the pipeline?

Spreadsheet Ranger
Spreadsheet Ranger

@Purply and @Groovy do you guys think we are heading into a official bear market on the JSE? 

Posted Images

Groovy Newbie

Groovy

Posted
Posted

Please be nice today AXL. It's about time you open those wings little phoenix.

 

The Phoenix is playing with my emotions. It'll fly though, it has to. What is going on at TAS?

Agent47 Newbie

Agent47

Posted
Posted

TAW you beaut. 70% up. Not taking profit though. Considering to buy some more. Will see what the price does over the next few days.

"Bulls make money, bears make money, pigs get slaughtered"

Bandit Newbie

Bandit

Posted
Posted

Ahhh man sweet. I cannot wait to sell it at 7000.

 

I wonder how long it would take for the rand to recover from yesterday's saga

 

So the question becomes - do you sell today just in case it drops significantly when everybody calmed down and miss out on the dividends (last day to trade is today). Can always push that money into PTXTEN but that might drop as well.

 

Decisions decisions...

IQ Test

Groovy Newbie

Groovy

Posted
Posted

Dammit I've been watching Stor-age SSS for some time was hoping for Axl to rocket up sooner as I was planning to buy some.

 

@Groovy what stocks are you looking at lately?

 

@Spreadsheet Ranger it's Tawana and Wesizwe. They've been good to me this year. Small companies making big moves on the charts. Oh, and AXL ofcourse.

  • Like 1
Groovy Newbie

Groovy

Posted
Posted

Does anyone know what exactly ASTORIA is about? Whether the rand is weak or strong against the major world currencies this share does nothing. I'm starting to think it's a North Korean Won hedge.

Spreadsheet Ranger Newbie

Spreadsheet Ranger

Posted
  • Author
Posted

Does anyone know what exactly ASTORIA is about? Whether the rand is weak or strong against the major world currencies this share does nothing. I'm starting to think it's a North Korean Won hedge.

 

Hahaha, I vaguely think @Dancshares would know.

 

Last thing I remember was a article about them basically sitting on a lump of cash that they want to invest, but haven't yet, something in those lines. Why the share price just goes down down down I am not sure.

Join the official JSE Discord Channel

Bandit Newbie

Bandit

Posted
Posted

Does anyone know what exactly ASTORIA is about? Whether the rand is weak or strong against the major world currencies this share does nothing. I'm starting to think it's a North Korean Won hedge.

It's basically Peter Armitage from Anchor Capital's take on how not to run an investment firm.

 

They've been stupidly conservative with their investments because of uncertainty in the market (in layman's terms: they're trying to time the market).

 

Their biggest setback was when they tried to pay their directors incentives in shares which would effectively dilute the amount of shares investors owned. I reckon this was the nail in the coffin for them - how can you trust your money with an investment firm that doesn't care about their investors.

IQ Test

Groovy Newbie

Groovy

Posted
Posted

It's basically Peter Armitage from Anchor Capital's take on how not to run an investment firm.

 

They've been stupidly conservative with their investments because of uncertainty in the market (in layman's terms: they're trying to time the market).

 

Their biggest setback was when they tried to pay their directors incentives in shares which would effectively dilute the amount of shares investors owned. I reckon this was the nail in the coffin for them - how can you trust your money with an investment firm that doesn't care about their investors.

 

@Hamster it really messed up their credibility and it rubbed off on Anchor .

Bandit Newbie

Bandit

Posted
Posted

 

@Hamster it really messed up their credibility and it rubbed off on Anchor .

Yeah, I'm not really petty about these things but somehow I cringe when I hear Armitage is involved, unfairly so maybe, but it does show you the power of perception.

 

And if ARA starts showing 20% pa growth I'm there like a bear :D

IQ Test

Groovy Newbie

Groovy

Posted
Posted

Yeah, I'm not really petty about these things but somehow I cringe when I hear Armitage is involved, unfairly so maybe, but it does show you the power of perception.

 

And if ARA starts showing 20% pa growth I'm there like a bear :D

 

i hear you Hamster :D , it's really hard to regain trust once you lose it. Armitage is a red flag now? :D

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to topic listing

  • The JSE Investment and Finance Forum

    Platinum Wealth is a leading financial forum with an eye on the future of our country and the citizens of South Africa.  Even though the era of trading exclusively with physical goods is in the distant past, we as a civilization have always looked for new ways to prosper. Simply put, ways to get a better deal.  To have more, for less.  At Platinum Wealth we have created a bigger platform for you to do exactly that - a connected network of your peers giving the tips and tricks that have helped them reach their financial and investment goals.

    From personal finance and creating wealth, to financial news and small business, we cover it all at Platinum Wealth.  Pose your money and investment questions in our money and investment forums, we'll make sure they get answered.  We want to guide a new generation of money conscious readers.  We are here to share tips and practical knowledge that will help you live large without sacrificing your financial independence.

  • Tell a friend

    Love Platinum Wealth: The JSE and ZAR X Financial and Investment Forum? Tell a friend!

  • Topics

×
×
  • Create New...