Ten-bagger

[Russ]

in 6 months.Not for me,unfortunately.

[Pepi]

Where you been Russ?

[Russ]

Hi Pepi,I have been keeping an eye on things but just been a bit quiet lately.

[kwagga]

Nice for those that saw the potential.

[THRESHOLD]

A lot of these little companies have woken up and run aggresively. Traders view this as a sign of a mature bull market.

[kwagga]

Not that many have actually taken off. I usually take new small company listings as a sign of a market overheating.

[THRESHOLD]

A lot of the stuff I accumulated and suffered with has woken up over the last while: KDV, CNL, CND, RLF, SBL, PSV, NCS...

[kwagga]

I don't see this market as mature yet. Too many blue chips and mid caps still offer value. That gap can quickly be filled, but I do think we're not that far off from a "healty" blow off. A big correction however I think is somewhere in the distant future.

[THRESHOLD]

Not arguing for it - since it is a "sign," it is really more for traders - and I never really subscribed to that approach to making money.

[Russ]

Twenty-bagger!

[THRESHOLD]

THIRTY bagger - actually!

[#12]

I regret selling at 79c now... Will enter at 120c but in a small amount

[THRESHOLD]

I've been trying to dump a lot up here but - oh boy - it's not easy.

[kwagga]

I can imagine. I was wondering if it wouldn't be easier to just give the order to a SBK guy sitting at a trading desk all day to complete. That's why we pay trading costs, not ? .

[THRESHOLD]

They'll dump the shares and drive the market down. One of those things that you have to do for yourself, I'm afraid.

[#16]

Thresh honestly now. This company at the moment, isn't worth more than 70c, looking at their balance sheet. Their results may be good, but it would have to improve by more than 500%-600% to justify its PE. What's your view?

[THRESHOLD]

As I said - I'm selling. No - it is not worth this price - but the market works that way. I think it was pretty fully valued at 50c. As I have said before - I was waiting for a "This is the next CAPITEC moment."

[Preston]

Be very careful, South African reserve bank has issue an order whereby mirolenders cannot merely debit clients accounts as they did in the past. The new act will require customers to firstly authorise such debit orders. New act was aimed to discourage reckless lending by Mircolenders.

[prancing_horse]

@Preston, not that I miss him, but what's happened to your sparring partner?

[Preston]

lol, licking his wounds after the AGL debacle.