Jump to content
Spreadsheet Ranger

Stock Watch Thread

Recommended Posts

General quick question. Hoping someone can weigh in.

 

What is the ideal number of stocks to hold or aim for, if you are investing in individual companies.

Basically at what point do you say, okay I'm diversified enough now, and anymore will just make my portfolio too big.

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites

I have registered on Luno now. Will wait patiently for the pullback and get in on the action.

 

If you are impatient like me do as I do below. :-) Wait for a minor pull back and buy on the lows. I bought half of what I wanted to spend on the arrow and will now wait to see if it breaks line A. If it does so I will put the rest in. If it heads back down to line B i will see if it breaks it and wait for the turn or if it heads back up on touching the line I will see where it is in relation to my original buy in before I decide to put the rest in.

 

PS. Not financial advice. Just keeps me busy during a boring day playing with this stuff, and I am more wrong than correct. :-)

837490130_ScreenShot2017-05-11at17_17_27.thumb.png.b1dc1fbf10906717b6f6240c2880c08c.png

Share this post


Link to post
Share on other sites

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.

 

Yeah true definitely need to spread out across the sectors.

I'm currently sitting at around 15 so I guess I could add a couple more. There's quite a few stocks that have dropped in price that's looking quite tempting to get into. AdaptIT for example.

A concern is that, if I'm investing a certain amount every month, increasing my portfolio reduces how much each company gets. Perhaps its better to focus on a limited amount of shares.

 

ETF's are great, thought of investing in them to form a foundation of sorts, but they usually come bundled with a company or two that I don't want my money in.

 

Maybe I'm just looking at all of this the wrong way :shy:

Share this post


Link to post
Share on other sites

What the hell is going on with Rolfes?

 

Eish, I am asking the same question. I cant find any news

 

90% of the businesses revenue is generated locally so maybe this has something to do with it?

Share this post


Link to post
Share on other sites

Wonder me too, considering buying more Rolfes..

 

Sent from my Redmi Note 2 using Tapatalk

 

Sheeesh, that is my situation now... Do i buy more or do I wait this out. My average purchase price is 320 and a month ago I was still in the clouds. Now... Gut feeling says this price dive is not due to any issues or pressing concerns, but was rather some investment firm or fund manager(s) cashing in some major profits.

 

Heart and brain does not believe gut enough to buy more at this stage.

Share this post


Link to post
Share on other sites

I bought at high price, will bring down average for me...

 

Sent from my Redmi Note 2 using Tapatalk

 

I wish I bought high, this was the first stock I timed perfectly by accident. I should have sold a few months ago when everyone was spamming the live chat on the website about how high rolfes is.

Share this post


Link to post
Share on other sites

 

I wish I bought high, this was the first stock I timed perfectly by accident. I should have sold a few months ago when everyone was spamming the live chat on the website about how high rolfes is.

 

Win some, loose some...

 

Sent from my Redmi Note 2 using Tapatalk

Share this post


Link to post
Share on other sites

 

Eish, I am asking the same question. I cant find any news

 

90% of the businesses revenue is generated locally so maybe this has something to do with it?

 

I think Rolfes is running since one of their product lines is they supply specialized fertilizer products, and the farmers planted flat out following the drought , even the winter crop guys are planting where they have irrigation.

Share this post


Link to post
Share on other sites

Can anyone explain how the Sibanye new rights offer will work? They are offering 9 shares  for every 7 shares you own at R11,28 per share. How will that affect the current share price and if you bought shares via Easy Equities will they have the new shares available there?

 

I see the share price already dropped 6% today. :-(

 

How does these things typically work?

Share this post


Link to post
Share on other sites

Hi Beamer, I would also like to know how this works and if other think it is a good deal. The share price has dropped significantly over the last couple of days, so not sure if it is worth it?

 

Sent from my SM-G950F using Tapatalk

Share this post


Link to post
Share on other sites

Share this post


Link to post
Share on other sites

Taste's offer also on the table:

 

the proposed R120 million capital raise to be implemented by way of a claw-back

   offer (“Claw-Back Offer”), in terms of which Taste will offer a total of 80 000 012 new

   shares (“Claw-Back Offer Shares”) at a subscription price of R1.50 per Claw-Back Offer

   Share in the ratio of 21.13210 Claw-Back Offer Shares for every 100 shares held at the

   close of business on the initial record date for the Claw-Back Offer, being Friday, 2 June

   2017 (“Initial Record Date”).

 

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.

Share this post


Link to post
Share on other sites

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.

 

How does a claw back work? I have seen a rights offer before, but I do not understand how this works.

Share this post


Link to post
Share on other sites

With regards to Sibanye, if I have 92 shares how does the offer work and costs. Also do you have to take the full offer or could you go for half the offer?

 

Sent from my SM-G950F using Tapatalk

Share this post


Link to post
Share on other sites

 

How does a claw back work? I have seen a rights offer before, but I do not understand how this works.

 

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

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites

Thanks Mr dividend, now to see if it is worth it? Anybody else going to do it?

 

Sent from my SM-G950F using Tapatalk

Share this post


Link to post
Share on other sites

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.


×
×
  • Create New...