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Online Share Trading

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TKG Shares

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MMBZY
Occasional Contributor
I took a position on TKG at 1700 and I am happy :) I also think medium term is good stock to invest in.
0 Kudos
kwagga
Super Contributor
Nice move in the last two days, but medium to long term this is a no go share for me.
0 Kudos
Rams
Super Contributor
Well, more money can be made shorting TKG....
0 Kudos
MMBZY
Occasional Contributor
I am currently on 21% return on a long CFD position on TKG, so much for the doom prophets, I made 80% return on CLS when the prophets of doom were being philosophical.....Lmao @ "Govt has intentions of delisting" kwaaaaaaaaaaa!!!! You might as well say Mugabe is president of RSA, Telkom is having similar problems as Anglo i.e. Bad management call, the assets (i.e. company) itself fundamentally is sound.....
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Wino
Super Contributor
Need help with my sums. TKG all time low 1602. Close yesterday 1796 = 12.1% gain. How do you get 21%?
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sponono
Super Contributor
times gearing of 3.51 gives you 42 i guess.
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MMBZY
Occasional Contributor
@ Wino, the gearing element of a CFD transalates to multiplier on the returns i.e. I took a long position at 1700 on Monday, today it's currently trading at 1840 (give or take)140/1700 = 9% (rounded) multipy that by the gearing then you get to % return on
0 Kudos
Not applicable
how's the investment going? sure they're still manipulating?
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JulzM
Regular Contributor
0 Kudos