Community

Share knowledge. Find answers. Ask questions.

Online Share Trading

Engage and learn about markets and trading online

What's happening in the community

Latest activity

1. Inverse Head and Shoulders in play 2. Trading at a reasonable PE 3. Short Trade seems to be on the crowded side    
An excerpt from the AGM in London   "Incredible progress been made over last 18 months against strategy: Uitkomst: ROM going up y/y. Dealt with equipment issues by purchasing mining company, ex... See more...
An excerpt from the AGM in London   "Incredible progress been made over last 18 months against strategy: Uitkomst: ROM going up y/y. Dealt with equipment issues by purchasing mining company, expanding additional funding, seeing benefits from increasing maintenance plan and new roster system. Favourable pricing improving quarterly results. 2 initiatives: a) plant modification leading to 3rd production stream, increase ROM volumes by 10-15%. Expected January 2019; and b) development of N Adit, testing q1 2019 and get IWUL granted q1 leading to increase in ROM by 20%. Expected 2020; Uitkomst has been incredibly profitable, in 24 months time these developments would see Uitkomst cover all company’s overheads by itself; Mooiplaats: Sale made and all agreements in place so will receive balance of sale proceeds; Putting 1) and 2) together, i.e being in production, reduced liabilities and revenue coming in means they are very credible, viable business and banks giving the various loans financing. Definitely a sea change on that front, which leads onto: Makhado: Super-excited about this. Acquisition of 2 farms has led to this move sharp higher in share price and more to follow. Debt financing framework to be agreed by February . They then plan to present plan for execution to the board in March.  A significant increase in share price when plans are released. Before then, the board anticipates they will have another off-take agreement signed for hard coking coal before end of year, hopefully in next two weeks with ArcelorMittal. David Brown said Arcelor in main AGM presentation so that’s public information plus they’re a share holder so expected they would have off-take agreement; Very confident the last remaining regulatory piece, the Environmental Authorisation appeal will be overturned by February; Funding has been underpinned by marketing of hard coking coal. Cash generative very quickly, will be predominantly debt financed. New CFO (Brenda Berlin) has provided fresh impetus in terms of debt funding; They’ve got on the Lukin and Salaita farms and checked everything secure etc in terms of fencing and security. They can get on with geological testing etc in February; CGA acquisition: Still doing due diligence on couple of potential targets. Nothing new but it’s now a 3rd not 2nd CGA. Vele to come back into play at some point, especially with SEZ; GSP, of the 3 coal fields, expects mining rights to be granted this year for 2 of them this year, other one in 2019. Local community there have investment with Makhado so supportive but 5-10 year plan;  Institutional investors buying in, as that was part of point of the share consolidation. They’re starting to see some interest, the board were speaking with groups in March before government land expropriation failed. Obviously no interest after that.   David Brown (CEO) is presenting at a mining Indaba in the new year and has number of potential investors lined up.   Chinese still keen on the project and pushing it forward, company seem to have a very good working relationship with members of SA government."    It finally looks as though patience may be rewarded. May your investments be profitable.
I am unclear what SBG are trying to achieve with the “new look” OST platform.   I appreciate that there is pressure on institutions offering any financial services online to move with the times and... See more...
I am unclear what SBG are trying to achieve with the “new look” OST platform.   I appreciate that there is pressure on institutions offering any financial services online to move with the times and make such platforms “mobile device” friendly. However, unless this process is carefully executed, the benefits to existing users, especially desktop or laptop users may be lost.   I have always viewed the current SBG OST platform as the best of breed with intuitive layouts, easily accessible links and “information rich” page renditions.   The OST BETA rendition seems to be gravitating to the SBG online banking look which works for banking transactional purposes but not in my opinion for the more complex requirements of OST, viz:   The formatting of share portfolio pages need to prevent “spill over” onto subsequent pages where say a portfolio of more than 10 instruments are held and remain information rich Graphics need to be retained (“ a picture tells a thousand words”) Links to important pages such as dividend history, historic statements, tax information, etc. appears at present absent   I have long argued that SBG should consider adding specific rates of return data to the platform for clients (i.e. similar to the XIRR function in MS Excel). While daily or annual share price movements are valuable, most valuable to a client is the overall specific time /money weighted return on his or her portfolio since inception or for any arbitrary period.   I trust the above is of some value to the development team.
If the spelling and grammar in this information is anything to go by, I don't have much confidence.
Predicting the future is a mugs game and while your crystal ball may have magical powers I have no idea if you are right-my own observations are that dividends have been paid and in some cases increa... See more...
Predicting the future is a mugs game and while your crystal ball may have magical powers I have no idea if you are right-my own observations are that dividends have been paid and in some cases increased marginally.some special dividends have been paid out-many companies have cash piles and those with debt appear to have been reduced over the last few years.I am buying happy in my ignorance of the future as many dividends paid are higher than I would receive leaving the money in cash-so I would argue that value exists in this current market and has for quite a while-capital appreciation does give you a feeling of confidence but it does mean that its more expensive to invest-I am not confident about capital growth next year-the level of corruption that exists is rather discturbing and depressing-to this end I am looking elsewhere for investment opportunities and living arrangements-a plan B for myself in semi retirement  
As we teeter on the brink of another interest rate increase - and of course with one eye over our shoulder at the US of A .. ( but having said this its probably all priced in ?) I am going out on the... See more...
As we teeter on the brink of another interest rate increase - and of course with one eye over our shoulder at the US of A .. ( but having said this its probably all priced in ?) I am going out on the limb and saying provided the Feb budget holds and there is some SOE goodbyes being said ( in what ever form but read in " not my bag - SA taxpayer ") and the looney tunes don't upset the political apple cart - then I think that 2019 IS going to be a blindingly good year for equities here in SA.   The best part of this is that I (unlike those people who talk over each other on the US business news channels( alias Bedlam) and whose instant "picks" are never , repeat never referred to again - am here to be shouted at...  
As we teeter on the brink of another interest rate increase - and of course with one eye over our shoulder at the US of A .. ( but having said this its probably all priced in ?) I am going out on the... See more...
As we teeter on the brink of another interest rate increase - and of course with one eye over our shoulder at the US of A .. ( but having said this its probably all priced in ?) I am going out on the limb and saying provided the Feb budget holds and there is some SOE goodbyes being said ( in what ever form but read in " not my bag - SA taxpayer ") and the looney tunes don't upset the political apple cart - then I think that 2019 IS going to be a blindingly good year for equities here in SA.   The best part of this is that I (unlike those people who talk over each other on the US business news and whose instant "picks" are never , repeat never referred to again - am here to be shouted at...  
Webinar on R45bn Sappi - tomorrow 20 Nov at 10h30 - more info and register here:- https://attendee.gotowebinar.com/register/3101304882382053123   Cheers    
If you are willing to wait anything from a few days to a few months to sell any shares you are in, then it's a good platform. If **bleep** hits the fan and you want out within a few days you might n... See more...
If you are willing to wait anything from a few days to a few months to sell any shares you are in, then it's a good platform. If **bleep** hits the fan and you want out within a few days you might not be able to. I've had 2 bad experiences with them: Waited 2 months without any communication nor any email replies to get my money out of an investment. Incorrect growth was incurred (30% over 1 year) on a high risk, then got an email few months AFTER I withdrew the money stating they made a mistake and I owed them money. Thus far I've found them super unprofessional and I would risk my money with them. Rather use Standard Bank for shares and someone like Alan Gray for other types of investments where you have full control over both and a great company behind it.
Hi Neil   did you have any luck with Vansa?   Thanks Brent  
Perhaps we have a game changer with this latest news :   KEY SURFACE RIGHTS ACQUIRED FOR THE MAKHADO PROJECT MC Mining Limited (“MC Mining” or the “Company”) is pleased to announce that its subsid... See more...
Perhaps we have a game changer with this latest news :   KEY SURFACE RIGHTS ACQUIRED FOR THE MAKHADO PROJECT MC Mining Limited (“MC Mining” or the “Company”) is pleased to announce that its subsidiary, Baobab Mining & Exploration (Pty) Ltd (“Baobab”), has reached agreement on the terms and conditions under which it will acquire the two key properties required for its Makhado hard coking and thermal coal project (“Makhado Project” or “Makhado”). The Purchase Agreement (the “Agreement”) will result in Baobab owning the Lukin and Salaita properties (the “Properties”) and is subject to a suspensive condition, which the parties have every expectation will be met in early January 2019. As previously stated the Company has been pursuing various avenues, including legal and negotiation on commercial terms with the owner, a privately owned company, who utilises the Properties for commercial hunting purposes. In terms of the Agreement, the Properties will be acquired for R70 million (US$4.8 million) to be settled in two equal tranches of R35 million (US$2.4 million) with the Properties pledged as security until the purchase price (including any accrued interest) is settled. The initial tranche is payable on transfer of the Properties while Baobab will have access to the Properties upon payment of this amount to the conveyancing attorneys. The second tranche will accrue interest at the South African prime interest rate (currently 10.0%) less 3.0% (from date of transfer) and is payable on the earlier of: · the third anniversary of the transfer of the Properties; or · the first anniversary of production of coal underlying the Properties; or · completion of a potential land claims and expropriation process that would, in all likelihood result in Baobab receiving market related compensation under present legislation. Should the Properties be expropriated in favour of the land claimants, MC Mining will negotiate access terms with the Minister of Land Affairs and the successful claimants who are expected to be communities who have a shareholding in Baobab. David Brown, MC Mining’s Chief Executive Officer commented: "The Agreement to acquire Lukin and Salaita is a significant step for MC Mining and completes the suite of surface rights required for our permitted flagship Makhado Project. With the acquisition of the Properties, the Company can proceed with the geotechnical and related studies for the mine’s infrastructure. The initial tranche of the purchase price will be funded from internal cash flows. MC Mining has made substantial progress on the Makhado Project milestones, including an off-take agreement for approximately half of the hard coking coal to be produced at the mine. Negotiations for the sale of the remaining hard coking coal as well as the thermal coal are at an advanced stage while funding initiatives are also progressing. The Company will keep shareholders appraised on these processes as well as the results of the geotechnical studies, with further updates expected in the March FY2019 quarter."   Keep on hunting for future value..
Hi   I bought Vansa Vnadium shares in 1988 and know that he company was delisted a few years later. Typing in " Vansa " in a search this afternoon I see that the company was taken over by Xstrata a... See more...
Hi   I bought Vansa Vnadium shares in 1988 and know that he company was delisted a few years later. Typing in " Vansa " in a search this afternoon I see that the company was taken over by Xstrata at some time and this was followed by Glencore taking over Xstrata. Is there anyone who can advise on who to contact in order to have my share certificates changed to Glencore.   Thanks    Neal
USA talking about banning menthol cigarettes, alternatives to tobacco not doing so well, buyout of balance of Reynolds expensive, investors losing confidence etc. long term still a good business and ... See more...
USA talking about banning menthol cigarettes, alternatives to tobacco not doing so well, buyout of balance of Reynolds expensive, investors losing confidence etc. long term still a good business and will recover. My preference, REI.
Hi all, can anybody explain to me why BATS has been nose diving so much the past couple of months?   thanks
Hi there RiddieB, Firstly, congratulations - you've won yourself a copy of "How Much is Enough'. Could you please send your contact number to [email protected] - please use 'Compe... See more...
Hi there RiddieB, Firstly, congratulations - you've won yourself a copy of "How Much is Enough'. Could you please send your contact number to [email protected] - please use 'Competition: What is financial wellness'. We'd like to send you your prize.
You can also check out the podcast on our YouTube channell
This is what is happening and they will not tell the truth. If standard bank is leading on Blockchain and agrees that blockchain is the safe place then you must understand that Bitcoin is the safe cu... See more...
This is what is happening and they will not tell the truth. If standard bank is leading on Blockchain and agrees that blockchain is the safe place then you must understand that Bitcoin is the safe currency. All the bank they doing something positioning themselves. All the banks of south Africa doing something called project khokha also spring block. All the governments agree that Blockchain the mother of Bitcoin or the backbone of Bitcoin or the core of Bitcoin they all agree its safe then that tells you Bitcoin is the safe currency. Here are the news with standard bank but they wont tell you coz the rand or money is their business if they coment to the public and say bitcoin is the safe currency and the best with lot of freedom and opportunities now the the bank will be like its distroying itself. https://www.iol.co.za/business-report/technology/standard-bank-gets-serious-about-bitcoin-blockchain-17482703 These financial advisers are pulling our people to the forest coz they know the ways that are safe on investing on Bitcoin which is mining Bitcoin If they sing blockchain is safe like they do obviously they have done their beat research. They know know the are opportunities to invest on this safe place called blockchain. Blockchain is the core of bitcoin which is mde up of 21 companies that can be seen on blockchain charts. These 20 companies are own by most rich people and the other is own by the guy called Russ muldin who only created this company for the public to come and invest. If these banks know about blockchain and praise blockchain they know the ways of investing they have invested but because these are dirty people who do not care about you only want to make money from so that them remain on the top forever they will not tell to invest up until they have positioned themselves. Russ muldin made this company called bitclub network for the public to come and invest in bitcoin as the company form a part of blockchain when you invest in the company you buy a bitcoin mining machine this machine will be one of the machines that control bitcoin make safe and process the transactions of bitcoin. So when you buy this machine you will become you and your family the next master card and visa card coz bitcoin will be processed by these machines you bought of which you can buy as many as you can. Then as long as bitcoin exists you kids and grand kids will own that machine forever and process bitcoin transactions for your family. These bank people will not tell you that coz they greedy and they do not like bitcoin coz it here to free the people. We encourage Africa to do bitcoin so that we lead the world on this revolution so that we dont do Europe things and start doing Africa for Africa. We also encourage people to mine bitcoin instead of buying or trading Mining is to buy these machines that make bitcoin work so that you can forever have shares in this world bank called Blockchain Bitclub network invites the public to come and buy these computers that makes bitcoin work so that we lead as public to this bitcoin so that all the transactions are processed by bitclub network Buy the gooze that lay golden eggs dont buy eggs for more information on how to be involved 0835161488 We also warn the public any company that is says ot mines Bitcoin but its not the on blockchain charts run and run very fast for your life dont invest into that company Coz blockchain is the mother of bitcoin if you mine bitcoin we must see you on the charts
This is what is happening and they will not tell the truth. If standard bank is leading on Blockchain and agrees that blockchain is the safe place then you must understand that Bitcoin is the safe cur... See more...
This is what is happening and they will not tell the truth. If standard bank is leading on Blockchain and agrees that blockchain is the safe place then you must understand that Bitcoin is the safe currency. All the bank they doing something positioning themselves. All the banks of south Africa doing something called project khokha also spring block. All the governments agree that Blockchain the mother of Bitcoin or the backbone of Bitcoin or the core of Bitcoin they all agree its safe then that tells you Bitcoin is the safe currency. Here are the news with standard bank but they wont tell you coz the rand or money is their business if they coment to the public and say bitcoin is the safe currency and the best with lot of freedom and opportunities now the the bank will be like its distroying itself. https://www.iol.co.za/business-report/technology/standard-bank-gets-serious-about-bitcoin-blockchain-17482703 These financial advisers are pulling our people to the forest coz they know the ways that are safe on investing on Bitcoin which is mining Bitcoin If they sing blockchain is safe like they do obviously they have done their beat research. They know know the are opportunities to invest on this safe place called blockchain. Blockchain is the core of bitcoin which is mde up of 21 companies that can be seen on blockchain charts. These 20 companies are own by most rich people and the other is own by the guy called Russ muldin who only created this company for the public to come and invest. If these banks know about blockchain and praise blockchain they know the ways of investing they have invested but because these are dirty people who do not care about you only want to make money from so that them remain on the top forever they will not tell to invest up until they have positioned themselves. Russ muldin made this company called bitclub network for the public to come and invest in bitcoin as the company form a part of blockchain when you invest in the company you buy a bitcoin mining machine this machine will be one of the machines that control bitcoin make safe and process the transactions of bitcoin. So when you buy this machine you will become you and your family the next master card and visa card coz bitcoin will be processed by these machines you bought of which you can buy as many as you can. Then as long as bitcoin exists you kids and grand kids will own that machine forever and process bitcoin transactions for your family. These bank people will not tell you that coz they greedy and they do not like bitcoin coz it here to free the people. We encourage Africa to do bitcoin so that we lead the world on this revolution so that we dont do Europe things and start doing Africa for Africa. We also encourage people to mine bitcoin instead of buying or trading Mining is to buy these machines that make bitcoin work so that you can forever have shares in this world bank called Blockchain Bitclub network invites the public to come and buy these computers that makes bitcoin work so that we lead as public to this bitcoin so that all the transactions are processed by bitclub network Buy the gooze that lay golden eggs dont buy eggs for more information on how to be involved 0935161488 We also warn the public any company that is says ot mines Bitcoin but its not the on blockchain charts run and run very fast for your life dont invest into that company Coz blockchain is the mother of bitcoin if you mine bitcoin we must see you on the charts
This is what is happening and they will not tell the truth. If standard bank is leading on Blockchain and agrees that blockchain is the safe place then you must understand that Bitcoin is the safe cur... See more...
This is what is happening and they will not tell the truth. If standard bank is leading on Blockchain and agrees that blockchain is the safe place then you must understand that Bitcoin is the safe currency. All the bank they doing something positioning themselves. All the banks of south Africa doing something called project khokha also spring block. All the governments agree that Blockchain the mother of Bitcoin or the backbone of Bitcoin or the core of Bitcoin they all agree its safe then that tells you Bitcoin is the safe currency. Here are the news with standard bank but they wont tell you coz the rand or money is their business if they coment to the public and say bitcoin is the safe currency and the best with lot of freedom and opportunities now the the bank will be like its distroying itself. https://www.iol.co.za/business-report/technology/standard-bank-gets-serious-about-bitcoin-blockchain-17482703 These financial advisers are pulling our people to the forest coz they know the ways that are safe on investing on Bitcoin which is mining Bitcoin If they sing blockchain is safe like they do obviously they have done their beat research. They know know the are opportunities to invest on this safe place called blockchain. Blockchain is the core of bitcoin which is mde up of 21 companies that can be seen on blockchain charts. These 20 companies are own by most rich people and the other is own by the guy called Russ muldin who only created this company for the public to come and invest. If these banks know about blockchain and praise blockchain they know the ways of investing they have invested but because these are dirty people who do not care about you only want to make money from so that them remain on the top forever they will not tell to invest up until they have positioned themselves. Russ muldin made this company called bitclub network for the public to come and invest in bitcoin as the company form a part of blockchain when you invest in the company you buy a bitcoin mining machine this machine will be one of the machines that control bitcoin make safe and process the transactions of bitcoin. So when you buy this machine you will become you and your family the next master card and visa card coz bitcoin will be processed by these machines you bought of which you can buy as many as you can. Then as long as bitcoin exists you kids and grand kids will own that machine forever and process bitcoin transactions for your family. These bank people will not tell you that coz they greedy and they do not like bitcoin coz it here to free the people. We encourage Africa to do bitcoin so that we lead the world on this revolution so that we dont do Europe things and start doing Africa for Africa. We also encourage people to mine bitcoin instead of buying or trading Mining is to buy these machines that make bitcoin work so that you can forever have shares in this world bank called Blockchain Bitclub network invites the public to come and buy these computers that makes bitcoin work so that we lead as public to this bitcoin so that all the transactions are processed by bitclub network Buy the gooze that lay golden eggs dont buy eggs for more information on how to be involved 0935161488 We also warn the public any company that is says ot mines Bitcoin but its not the on blockchain charts run and run very fast for your life dont invest into that company Coz blockchain is the mother of bitcoin if you mine bitcoin we must see you on the charts
So someone please help me. The detailed forecasts should be renamed( as in "you may want to read these but whatever you do don't take this seriously cos its not up to date"!) . The trading statement ... See more...
So someone please help me. The detailed forecasts should be renamed( as in "you may want to read these but whatever you do don't take this seriously cos its not up to date"!) . The trading statement /update indicated in Septermber a range of earnings - no mention of the MAX HEALTHCARE share of loss...? ( did i miss somethng?) which read with todays trading update settles in with earnings in teh 110 sort of range - but the detailed forecast is still indicating a CURRENT  much higher - 130 PLUS earnings - can't be bothered to check the actual figure. So what is the point of this stuff if it basically is a)undated, b) is arb(?) in its updates?    

From the blog

 
Slide1.JPG
You can also check out the podcast on our YouTube channell
0
0
Posted by
shutterstock_300998102.jpg
The Auto Share Invest (ASI) and Tax Free Invest functionality has moved to the new Online Banking Site. Below is everything ASI and Tax Free Investment account ...
5
0
Posted by
Last reply Oct 29, 2018
by
More articles