Owner: Bluvestments URL:http://bluvestments.blogspot.com/ Join Date: Thu, 07 Jun 2007 12:37:44 -0500 Rating:0 Site Description: investment in stocks in South Africa, here you will find great investment opportunities, no matter what your country of origin. From time to time I might discuss property investments, investment banking strategies, trading strategies, investor education, Site statistics:Click here
African Dawn Capital Limited - Directors dealing in securities 2007-06-08 07:46:00 It's really surprising how much directors dealing is taking place in this company. (click on the headline to see more info). feel free to leave a comment if you have any questions about South Africa or the stock market.as for the market as a whole, ouch is all that I can say. down 1.75% FTSE JSE/Africa Index Series ALL SHARE28,062-492.48-1.75I would wait until Monday or the first sign of recovery before I buy, also this might be a good opportunity to pick op some lovely cheap sharesInvestments on the Johannesburg stock exchange Read more:African
, Directors
GLOBAL RED TSUNAMI HEADED FOR JSE (8.450am) 08 JUNE 2007 2007-06-08 02:46:00 Ouch this might hurt the JSE overall. if anybody is riding the waves as a alternative investment, do so carefully. all share 0.90% down from yesterdays close, if the market follows the same patterns as the last few weeks we might see it recovering again in a day or to. is it just me or does the market always seem to be a bit down on Fridays, I know traditionally institutions take their profits on Fridays, hence maybe the best day to buy. otherwise SIM is also up another 1.2%. I wish I had capital, I wish I had capital.btw, thanks to those of you clicking on the sponsored links. I am considering donating half my advertising earnings to charity or investing it with the largest persentage of returns gonging to a charity i South Africa.at 10:15source (www.psg-online.co.za)New YorkStocks tumbled for a 3rd straight day on Thursday as surging Treasury yields, higher mortgage rates and hawkish comments from bond guru Bill Gross exacerbated bets on Wall Street that the Federal Reserve may have
JSE ends flat but banks see wee recovery 2007-06-08 02:44:00 (www.businessday.co.za) THE JSE ended virtually unchanged yesterday , but banks
staged a slight recovery after the South African Reserve Bank (SARB), as widely expected, hiked rates by 50 basis points. The all share index ended 0,05% higher. Resources gained 0,47%, the platinum mining index was up 2,49% but the gold mining index fell 0,72%. Industrials lost 0,35%, financials weakened 0,08% but banks picked up 1,18%. One trader said that SARB’s decision to hike rates by 50 basis was not considered as a nonevent because some investors may have been expecting a 100 basis point hike. “Although SARB governor Tito Mboweni came across as hawkish, he mentioned that inflationary pressures took place against a backdrop of healthy economic growth,” the trader said. The SARB’s monetary policy committee (MPC) yesterday decided to increase the repo rate to 9,5% in line with consensus expectations. Banking group Absa was up 1,68% to R136,25, Standard Bank added 1,50% to R105, and F
SA's booming economy lures immigrants 2007-06-08 02:42:00 A article found on iol.co.za has a look at a alternative look at the booming south African ecomomy Source (iol.co.za) As long as South Africa's economy
continues to boom, immigrants
from neighbouring states would continue to flood the country, Home Affairs Minister Nosiviwe Mapisa-Nqakula said on Thursday.Addressing MPs during her budget vote debate, Mapisa-Nqakula said economic migration was an international phenomenon confronting every region of the globe."There is not a country in the world which does not face an influx from its neighbours if it is economically more stable."It is logical that our economy would be a magnet for economic migrants from the region," she said.Mapisa-Nqakula, who was speaking against the backdrop of mounting concerns on the growing number of refugees in the country, particularly Zimbabwean citizens, reminded MPs about the important role played by migrant workers in the development of the country's economy. "South Africa has long relied on those worke
GND / GNDP - Grindrod Limited - Directors Share Dealings 2007-06-12 14:42:00 DIRECTORS SHARE DEALINGS1. Director : W M Grindrod Nature of transaction : Sale of shares Nature of interest : Indirect non-beneficial Date, price amount : As scheduled below Clearance obtained : Yes Class of Share
: Grindrod Ordinary Shares Date Price No. of shares 11 June 2007 R23,75 265 000 12 June 2007 R23,75 41 00012 June 2007Date: 12/06/2007 17:31:30 Produced by the JSE SENS Department.Investments on the Johannesburg stock exchange Read more:Directors
GND - Grindrod Limited - Directors Share Dealings 2007-06-12 02:03:00 Nature of transaction : Zero premium collar to mature as scheduled belowNature of interest : Indirect beneficialDate, price amount : As scheduled belowClearance obtained : YesClass of Share
: Grindrod Ordinary SharesDate Initial Price Cap Price No. of shares Maturity date8 June 2007 R23,48 R28,23 500 000 8 June 200912 June 2007Date: 12/06/2007 08:36:20 Produced by the JSE SENS DepartmentInvestments on the Johannesburg stock exchange Read more:Directors
My Equity Report 2007-06-11 10:09:00 After Friday's downturn, things are looking up again. My total portfolio will be effected by the trade in Chromentco so I wont list it today Daily Statistics Share Name Price Yesterday Diff % High Low Deals Vol Value AFDAWN 24524052.0824523736269,803644,829CADIZ 51250571.3952051230162,242833,924GRINDROD 23752329461.9824002350228986,85423,477,257S.OCEAN 78078000.007807651888,475683,027ZEDER 27026820.7527026553450,1231,206,330 Investments on the Johannesburg stock exchange Read more:Equity
SASOL rated amoung top 10 Stocks to buy worldwide by stocksandblogs.com 2007-06-11 08:54:00 Sasol (Source: stocksandblogs.com)Sasol is a lesser known energy giant, which has developed world-leading technology for the commercial production of synthetic fuels and chemicals from low-grade coal as well as the conversion of natural gas to environment-friendly fuels and chemicals. Along with oil and natural gas, the company also produces diesel and liquid gas. Headquartered in South Africa, SSL has access to the growing Africa markets, and maintains a steady presence in Europe, Asia and Australia. Currently, the stock trades at less than 10 times earnings, and offers a $2.50 dividend. The company has a dominant position in the business of converting coal to gas and is one of the few players that can do it well. With coal in abundance (and Sasol owns coal reserves all over Africa), the process of using coal for gas is a fruitful and profitable venture with a bright future. Apparently, SSL's management thinks so because the company recently bought back 1.2% of their outstanding shar Read more:Stocks
Why Invest in South Africa? 2007-06-11 08:15:00 Spurce (southafrica.com)SouthAfrica
is a country filled with diversity and opportunity. More and more people are coming to see this country, at the southern tip of Africa, as a great place to invest their money. Why? Over time South Africa
has proved itself to be developing a dynamic emerging market economy. There are also a variety of opportunities in different sectors for those interested in putting their money into South Africa. Let us take a closer look at what South Africa has to offer foreign businesses.South Africa's economy presents foreign investors with an abundance of opportunities in all of its sectors. However, certain sectors do take the lead in growth potential. These include Agriprocessing, Automotive, Fishing, Banking and financial services, Mining and minerals, Chemicals, Property, Textiles, Tourism and Telecoms. South Africa's stock market is ripe for investment and the government has certainly done much to promote investment from other countries. There are many e Read more:Why Invest
CMO -Sell Sell Sell 2007-06-11 06:08:00 I decided to sell CMO just a few min ago. it was a risky trade and I decided to cut my losses. the order has been mostly filled at a price of 96. it hurts and in the long run it might not be the best desision but considering the capital I had exposed (very very little) it was useless to keep hanging on. I will wait till I can close out Cadiz or until I have more cash to put into the stocks.Also a quick update on Simmers when I tipped it at 6.99, I hope some of my readers got in. here are the latest:Live Chart from Sharenet Investments on the Johannesburg stock exchange
JSE recovering bit today 2007-06-11 04:49:00 The JSE recovering quite a bit today :-). Not back Thursdays levels but recovering. So here from this observation, can we follow a trade strategy of buying on a Friday and selling on a Monday. I wonder if there are any theoretical background on this?please note this is a live graph not reflecting the index as of 11.06.2007 : here's a little report on from wwww.psg-online.comGold firms, fickle markets bounce back (8.50am) 11 June 2007In New York stocks rallied on Friday at the end of a tough week on Wall Street in which worries about inflation and rising interest rates sent the major indices tumbling for 3 straight sessions - on Tuesday, Wednesday and Thursday. The UK's FTSE 100 index of leading shares pared losses in late choppy trade to end Friday's session flat as rising US stocks soothed a market fretting over interest rates. European stocks inched lower on Friday, falling for a 5th straight day as worries over interest rates and rising bond yields lingered, but mergers and acq
Investing In The South African Growth Story 2007-06-25 05:16:00 Source: Sharenetby Ian de LangeJune 2007 The SouthAfrican
economy is in a growth phase. By many accounts this growth phase is better than at any previous time in the country’s history. Ian de Lange discusses why choosing “value” shares over “growth” shares is a better decision in the long run… The growth economy is really a function of individual companies with strong performance. Strong company growth translates into companies that employ more staff, which in turn fuels growth. A growing company is one that is expanding, generating more sales, improving operating margins, and ultimately improving its bottom line, i.e. its profitability. A profitable company is one that can pay out higher and higher dividends each year. And its dividends that investors really care about. Whether they realise it or not, the valuation of a company is ultimately a function of all its future dividend streams, discounted back to a present value. Naturally a company that can grow Read more:Investing
, Growth
SOH - South Ocean - Acquisition of by South Ocean and withdrawal of cautionary 2007-06-25 04:18:00 Good news:SouthOcean
Holdings Limited(Incorporated in the Republic of South Africa)(Registration number 2007/002381/06)Share Code: SOHISIN: ZAE000092748("South Ocean" or "the company")Announcement to shareholders of South Ocean regarding the acquisition of RadiantGroup (Pty) Limited ("Radiant") ("the acquisition") by South Ocean andwithdrawal
of cautionary announcement1. IntroductionFurther to the cautionary announcement of South Ocean published in the press on6 June 2007, Investec Corporate Finance is authorised to announce that SouthOcean has entered into an agreement with the current shareholders of Radiant toacquire the entire issued ordinary share capital of Radiant, subject to theconditions precedent set out below in paragraph 2.4, to be settled in cash and avendor placement of South Ocean shares.2. Details of the acquisition2.1 The vendors of RadiantThe current shareholders and vendors of Radiant are:* HS Family Trust, represented by Hanan Schwartz (Chief Executive Offic Read more:Acquisition
CMO for a posible buy 2007-06-25 02:16:00 Firstly these past few weeks has been a bit hectic and I had some personal things to deal with, hence no time to write. I discovered a new trading instruments called Waves and made a few trades in it. My first trade was profitable, my second disastrous. these are highly leveraged instruments very similar to options and I lost about R2000. Anyway, more on this later.For now, CMO looks like a good buy, I sold a while ago but I still believe that the fundamentals are sound and that it will recover to previous levels this week, It should provide a good opportunity to get in. I will try to update my holdings during the day.Happy tradingInvestments on the Johannesburg stock exchange
Grindrod rides a high tide 2007-06-29 08:15:00 Found this interestin article about Grindrod, a bit old but interesting mnon the less:Source: MoneywebGrindrod rides a high tide Shipping rates soar.David Carte03 May 2007 IMPORTERS and exporters may lament soaring shipping rates but one company riding the crest of the global trade wave is Grindrod. The Grindrod share price today breached R20, which means it has doubled in the past six months. Last year Grindrod repurchased 19,4-m ordinary shares at an average cost of R12,22. New Grindrod CEO Alan Olivier confirmed a London Times report that a lack of ships is leaving cargo high and dry all over the world in spite of huge rate increases. The Times attributed the world shortage of shipping capacity to Chinese, Indian, Japanese and South Korean trade. As globalisation takes hold, these countries are exporting and importing greater volumes over ever-greater distances. Olivier told Moneyweb that an index tracking the rates for Cape-sized ships, which carry large dry cargoes, soare
South Ocean Bought Radiant Group 2007-06-29 01:53:00 South Ocean
, South Africa's largest Cable Manufacturer bought the Radiant
group, this strategic choice will likely boost the share price as Raidiant is an importer of lighting products and hence there is synergies between the client base of both these companies. I think this is a smart move as the recent construction boom needs lights and cables for all those buildings....Heres a SENSE Msg concerning this:South Ocean Holdings Limited(Incorporated in the Republic of South Africa)(Reg. No 2007/002381/06)Share Code: SOHISIN: ZAE000092748("South Ocean")Share dealings by directorIn compliance with Rules 3.63 of the JSE Listing Requirements, the followinginformation is disclosed:Director: Mr Edward PanDate of transaction: 29 June 2007Nature of transaction: Irrevocable commitment to subscribe for 3 258 555 shares in terms of a vendor placement as announced on SENS on 25 June 2007Number of shares: Read more:South
, Group
CADIZ Financial Strategy Group 2007-06-28 11:55:00 Whats up with CADIZ?Ever since I bought this share its been moving sideways up until a few days ago when it plummeted, I am now down 14% on this share. With the JSE overall index declining for 3 days in a row I figure that its normal behavior however, I decided to do a little analysis on the share. Actually its more of a opinion than a in depth analysis.The share chart:Company Profile: Cadiz is a financial services company mostly specializing in derivatives. Things are still looking good for the company, in fact they recently announced that they have achieved top rankings for equity distributives 11th year running. They seem to have a good research team and their financial (which can be found on there website) looks promising too. The company also seems to be gaining in brand recognition. No SENSE messages are out so why is this company not preforming? my best guess is that due to their dealings in derivative instruments the company is moving with the market and we should see them rec Read more:Group
, Financial
, Strategy
Afdawn, the directors shure loves this one. This Share is Going Places 2007-06-28 09:44:00 AFRICAN DAWN CAPITAL LIMITEDDirectors Dealing In SecuritiesIn compliance with rule of 3.63 to 3.65 of the JSE Listing Requirements,the following should be noted:Name of director: C de W VivierDate of transaction: 28 June 2007Nature of transaction: PurchasePrice: 270cpsNumber of shares: 40 000Total amount: R 108 000-00Class of security: Ordinary Share
sNature of interest: Indirect BeneficialClearance obtained: Yes28 June 2007JohannesburgInvestments on the Johannesburg stock exchange Read more:Going
, Places
WAVES - warrant alternative Vehicles 2007-06-28 08:41:00 Looks like I was completely wrong, Waves are actually termed Warrant Alternative Vehicles
. And can be used to benefit from general movements in a stock or index without actually owning it. according to the Deutshe Bank WAVES brochure available at www.x-markets.co.za "their pricing is transparent, they areeasy to understand and they are cheaper than other leveragedderivatives. Disadvantages often linked to derivatives trading,such as margin payments, high volatility, unlimited risk and hightransaction costs are not a feature of WAVEs."Hence Call waves are bought when am Investor thinks the market will move up and Put waves are bought when the investor thinks the market will move down.I am still doing some reading on how to price waves and will in due time have a better understanding of them. For now what I know is that the bid's and offers is linked to the futures index of the underlying as it relates to the index itself (the strike price or barrier of a wave is linked to the underlyin
African Dawn Capital Limited - Directors dealing in securities 2007-07-02 07:37:00 Directors purchase shares at a even higher prise, :-)Directors Dealing In SecuritiesIn compliance with rule of 3.63 to 3.65 of the JSE Listing Requirements, thefollowing should be noted:Name of director: C de W VivierDate of transaction: 29 June 2007Nature of transaction: PurchasePrice: 271cpsNumber of shares: 12 000Total amount: R 32 520-00Class of security: Ordinary SharesNature of interest: Indirect BeneficialClearance obtained: YesName of director: C de W VivierDate of transaction: 29 June 2007Nature of transaction: PurchasePrice: 275cpsNumber of shares: 70 000Total amount: R 192 500-00Class of security: Ordinary SharesNature of interest: Indirect BeneficialClearance obtained: YesName of director: C de W VivierDate of transaction: 29 June 2007Nature of transaction: PurchasePrice: 280cpsNumber of shares: 38 000Total a Read more:African
, Directors
Zeder Moving towards its Goal 2007-07-05 03:05:00 Looks like Zeder is moving closer to its Goal via this interesting Strategic move:ZEDZED - Zeder Investments - Disposal by Zeder of its shareholding in Pioneer Foods Limited to Kaap Agri Limited in Exchange for Kaap Agri Limited sharesZeder Investments LimitedDISPOSAL BY ZEDER OF ITS SHAREHOLDING IN PIONEER FOODS LIMITED TO KAAP AGRILIMITED IN EXCHANGE FOR KAAP AGRI LIMITED SHARES1 IntroductionShareholders are advised that the company has entered into an agreementwith Kaap Agri Limited ("Kaap Agri") in terms whereof it will dispose ofits shareholding in Pioneer Foods Limited ("Pioneer"), being 5.84%, to KaapAgri in exchange for Kaap Agri shares ("the share exchange").2 Rationale and future outlookThe share exchange will result in Kaap Agri's shareholding in Pioneerincreasing by 5.84% to 27.81%, and Zeder's shareholding in Kaap Agriincreasing from 5.00% to 21.81%.The board of Zeder regards the share exchange as an effective means ofsubstantially increasing its strategic i Read more:Moving
Zeder waits for Kaap Agri to lift its restrictions on shareholding 2007-07-05 03:04:00 Source: Business ReportZeder waits for Kaap Agri to lift its restrictions on shareholding June 28, 2007By Tom RobbinsCape Town - The door for Zeder Investments to increase its stake in Kaap Agri will be opened after the agribusiness scraps the restrictions that limit the size of shareholdings.Listed Zeder, in which financial services firm PSG is a major shareholder, seeks to hold significant stakes in agribusinesses. It has been stopped from increasing its stakes inunlisted firms such as Kaap Agri, in which it holds a shareholding of only 5 percent.Kaap Agri chief executive Corwyn Botha said yesterday that the board had indicated at its annual general meeting that rules that limited stakes to 5 percent should be scrapped.Botha said shareholders still needed to approve the change but he did not anticipate any significant oppositionThe change may let Zeder grow its exposure to Pioneer Foods, which is one of the country's biggest food processors. Kaap Agri, with a 22 perce
GND/GNDP - Grindrod - Trading Update 2007-07-17 04:13:00 GNDGND/GNDP - Grindrod - TradingUpdate
GRINDROD LIMITED(Incorporated in the Republic of South Africa)(Registration number 1966/009846/06)Share code: GND & GNDPISIN: ZAE000072328 & ZAE 000071106("Grindrod " or "the Company")TRADING UPDATEIn terms of the Listings Requirements of JSE Limited, companies are required topublish a Trading Update as soon as they become reasonably certain that thefinancial results for the period to be reported on next, will differ by morethan 20% from the financial results for the previous corresponding period.Shareholders are advised that Grindrod is currently finalising its interimresults for the six month period ended 30 June 2007 and that it is expected thatthe Company's earnings per share and headline earnings per share should increaseby between 20% and 23%, compared to the corresponding period of 2006.The forecast contained in this Trading Update has not been reviewed or reportedon by the company's external auditors. Grindrod will release its interimre
South Ocean Holdings Limited - Trading Statement 2007-07-18 10:21:00 Great news for SouthOcean
. Expected results look to be between 50 an 60 present better then last year. This Share still has allot to offer in my opinion. It has been moving a bit slow but on the back of this news I think it might be a good investment after all.SOHSOH - South Ocean Holdings
Limited - Trading
StatementSouth Ocean Holdings Limited(Incorporated in the Republic of South Africa)(Registration number 2007/002381/06)Share Code: JSE SOH ISIN:ZAE000092748("South Ocean or the "the company")Trading StatementSouth Ocean`s headline earnings per share and earnings per share for the sixmonths ended 30 June 2007 are expected to be between 55% and 65% higher than forthe previous corresponding period. Headline earnings per share and earnings pershare for the previous corresponding period were 23 cents per share.The financial information on which this trading statement is based has not beenreviewed or reported on by South Ocean`s auditors. The results for the sixmonths ended 30 Jun
A penny stock trading strategy 2007-07-24 03:21:00 I noticed something very interesting today. This could be a very interesting trading strategy. I have not attempted to do this as I do by no means have the cash available to do so but it could be interesting. Stock trading can sometimes prove to be very interesting indeed :-)take the following scenario:Volume Bids Offers Volume 9,147 326 330 819 900 325 348 3,000 20,000 320 350 12,000 60,200 319 400 114,400 750 315 -1 -1 Notice the huge volume on offer at 400. Lets assume you can enter trades very quickly and no brokerage costs. you buy all the shares at 339, 348 and 350 within seconds from each other, this will cost you R55216.41 (if my calculations are correct) immediately afterwards you sell all the shares you just bought for 400
Warrent WAVES made simple 2007-07-26 08:28:00 In Regards to a question on Waves post of the same forum I spoke about yesterday the following explanation was offered by a very knowledgeable former called the Investor and considering the simplicity of the explanation I thought it might be of help to those interested in trading waves:
"To keep it simple for now there are two types of Waves one can purchase on the TOP40 Index they are Calls
Invest in South Africa via the JSE 2007-07-25 09:46:00 Found this very interesting article on southafrica.info and I thought it might be useful for my readers.
Invest in SouthAfrica
via the JSE The JSE Limited is the 18th largest exchange in the world by market capitalisation (some R3.3-trillion as of September 2005). With approximately 400 listed companies and a market liquidity of 31.2% (September 2005), South Africa
's exchange is only
Trading Strategy 2007-07-25 09:20:00 In response to my previous post on the trading strategy some interesting information became available thanks to members of the online form forum my brokerage company. Apparently some trading platforms (I am not sure which) allows the investor to display volumes in lots for example if you want to sell 100 000 shares and you can chose to desply them in lots of 20000 at a time hence once the first Read more:Trading
, Strategy
, Trading Strategy
Wave Trading 2007-07-31 09:43:00 Today was a busy day, after the nice performance over night of TOPDWM first decided to cash in at 321, 325 and 327 however during the day it became apparent that the us will open stronger and all futures were trading in the, hence the decision to get back in, this time with a larger exposure because my stop loss triggered for Grindrod and hence I sold at a tiny profit. I did not do this without a Read more:Trading
More on Wave Warrents 2007-07-31 03:01:00 I could not resist, I traded a wave again. This time learning and entering a wave that was a bit further away from the barrier, yesterday trading between 154c and 234. I bought R2000 worth at R222 with my average cost per share being 235. I knew that a recovery was imminent, thats also why I bought the first wave. Yesteray, most of Europe was in the green and over night (I am in Switzerland
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