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Online Share Trading

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Not applicable
Especially sad when you see the transactions going through. People are buying in the millions..
0 Kudos
Not applicable
Lol, Finbond could maybe even afford to buyout Abil at these prices.... Finbond worth more at these prices.. joke of day.
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Werner_1
Super Contributor
now the question is... how does FinBonds book look? how do they control unsecured loans, could the same happen to the others? obviously with rising interest rates and cost of living these unsecured loans to people that could barely afford to pay them off will start to become dangerous as ABIL has just found out? who knows more info on the other providers of these things in the market?
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SimonPB
Valued Contributor
FGL is different (as is CPI) .. FGL does very small very short loans ..
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Not applicable
Yes very small loans and for very short periods.. their model also involves high interest like 10% on fixed deposits to get capital in.
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Werner_1
Super Contributor
ok cool. then they're safer... well, they look great actually over the past few years!
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Not applicable
wowzers I just saw 32c - am I seeing things wow
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JulzM
Regular Contributor
0 Kudos
DEP
Super Contributor
Abil might go to ZERO. Just check what happened to BES in Portugal last week... The Reserve bank bailed out the "good bank" and shareholders will get the "bad bank". Looks like the same will happened here. Hope not :(
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kwagga
Super Contributor
I smell a dead cat bounce. Vultures......on your marks.
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superstar
Regular Contributor
One could have bought at 50c and sell at 94c within few hours.
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shailen
Contributor
I bought at 29c and sold at 90c :) all within 10-20 minutes
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eric13
Contributor
In at 90, I say 150 by day end, lets see.
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koos2
Super Contributor
Just got some. Almost convinced myself to buy @ R30 plus in 2011 & 2012. Soooo happy i didnt. :-)
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kwagga
Super Contributor
Buying now is nothing more than playing roulette.
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koos2
Super Contributor
Ja! with 5 bullets loaded, what does one call a negative 30 bagger?
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DEP
Super Contributor
Agree with you here...
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DEP
Super Contributor
Agree with you here...
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klapka
Super Contributor
Ellerines put up for business rescue.
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samoa
Super Contributor
Lucky escape? Do not worry, go check the DY% according to this site. You can recover easily.LOL
0 Kudos