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Online Share Trading

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Three reasons to glad you are a South African

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john_1
Super Contributor
1. We have dirrect access to the worlds 2 biggest resource companies on the JSE. Both having just appointed new, young and point to prove CEO's. 2. We are not Chinese investors having 20% hammered of our index in the last week. 3. Princess Liela is in conroll of our universe, did I mention the fact I am glad I am not Chinese.
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17 REPLIES 17
Beep_Beep
Super Contributor
You very chirpy this morning - what you got up your sleeve
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john_1
Super Contributor
It not whats up my sleeve but whats in my pants mate. A big fat wallet full of BILs and ANGs both making records highs, you would swear they on viagra.
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john_1
Super Contributor
Correction thats ANGLO's (AGL) not the poor cousin!
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SimonPB
Valued Contributor
I was checking the agl chart this morning. You caould ahve got them at R100 in march 2003, and below r150 just 2 years ago!!!! now R435.15!
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john_1
Super Contributor
Exactly Mate. I bought My first AGL at R149 in may 2005 I recon I will give a big fat wet Kiss to anybody who has outperfromed (with his whole portfolio)this mega share over the last couple of years.
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john_1
Super Contributor
I am currently holding AGLIHA and even the instalment is R50 more expensive than my first shares. it kinda put this trading lark into perspective.
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Not applicable
Well - I hope it's Princess Leila thats in control of our universe, and not Monsieur Lilo. PS John - do you remember the cyclic pattern you saw a couple of months ago: pullback in the 2 weeks period before futures closeout happens more often than not. What's yr opinion for this round, futures close in just over 2 weeks? No long trades?
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Preston
Super Contributor
Hi there John There is no better feeling than when you start making money.. I bought BHP at R166.66 (est breakeven with brokerage cost). I held about 2 week ,got incredible frustrated and sold. The day i sell, share starts making good gains.
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john_1
Super Contributor
Mammon it was between 5-2 weeks out. and the best time to buy was in the week just after the closeout. I have spent the last year with only a fraction of my holding exposed to the market fearing a pull back that basically has never come, my last fear was China bleeding into our market but as it has not I am very bullish.
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Tango
Super Contributor
Monsieur Lilo! I had forgotten. Thanks Mammom
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Not applicable
John I know you are happy, but I reckon you are overdoing it a bit with the kissing part. Although I admire your market insights I certainly don't want a kiss (assuming 60% CAGR over 5 yrs qualify?)
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Not applicable
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john_1
Super Contributor
Boys... Has your entire portfoilio out performed anglos over the last 2 years. I Recon my puckered lips are as far from getting action as zarp is to calling the market top!
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Not applicable
OK John, my entire portfolio has outperformed AGL since 30 June 2005 (only keep quarter end mark to markets of my portflio) - 210% versus 180%. No I don't want a kiss - as I said before you may be overdoing it with the kissing offer
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john_1
Super Contributor
Well done Saint. You will have my ear with future postings. I will leave the kissing up to Mr Lilo.
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SimonPB
Valued Contributor
John, the best part that one day when zarp is correct (may be a long long wait, but anyways) and the market creashes 50% in a day. Your AGL is still going to be massively in the money ...
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Not applicable
50% in one day....dreamy stuff,but I doubt that will happen.Nah,just Super-print HyperInflation = Higher Values,reflecting currency-destruction( and in this regard,doing quite well, as at.).But I shall raise that Flag for..MAJOR CORRECTION in the air.
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