Simon Shares

• Metrofile* (JSE code: MFL) seller in market, use it to pick up some at great price / yield.
• Sygnia (JSE code: SYG) results see diluted HEPS at 54.16c (vs. 60.40 previous year) and dividend at 52c. I like the business but it is very expensive for a low margin operation without performance fees.
• Moody's not so moody. Fitch full of surprises and Standard and Poor's lurking.

* I hold ungeared positions.

• We got Marc Ashton, MD at Moneyweb, giving us his preferred ETF list.
• Up coming events;
  • Trading Master Class: Tuesday 6th at 6.00pm - Lazy trading indices and FX.
  • JSE Power Hour: Thursday 8th at 5.30pm - Position your portfolio for 2017.

We Get Mail

• Charles
  • Would you pay for a guaranteed stop loss?
• Hermanus Trade
  • In your video "A complete CFD share trading system" you stated that the system is based on the top 40 stocks, for the liquidity behind it. I was wondering, to what point would you consider a stock to be liquid enough to trade on a 15 or 30min chart (average daily volume)?
• Franz
  • What is the procedure for opening an offshore account?
• Anon
  • I bought Anglogold Ashanti 300 shares at R241.03 each now the shares price dropped with more than 35%. Should I sell them or hold on?
• Anon
  • Current situation I find myself over a total of R176 438.67 in debt.
• Dominic
  • What I don't understand is what drives the price on that index and how does it change 24/7? What am i buying and who buys what I sell. Also what indicators drive this price, type of events.

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