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Good News for ZEDER

ZED

ZED - Zeder - Cautionary Announcement

Zeder Investments Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/019240/06)
JSE share code: ZED & ISIN: ZAE000088431
("Zeder" or "the company")
CAUTIONARY ANNOUNCEMENT
Shareholders of the company are advised that it has entered into
negotiations which, if successfully concluded, may have an effect on the
share price of the company. Shareholders are accordingly advised to
exercise caution when dealing in the company's shares until a further
announcement is released in this regard.
Stellenbosch
13 June 2007
PSG Capital (Pty) Limited
Sponsor to Zeder
Date: 13/06/2007 15:07:28 Produced by the JSE SENS Department.

June 13, 2007 Posted by | Uncategorized | Leave a comment

GND / GNDP – Grindrod Limited – Directors Share Dealings

DIRECTORS SHARE DEALINGS

1. 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 41 000
12 June 2007
Date: 12/06/2007 17:31:30 Produced by the JSE SENS Department.

June 12, 2007 Posted by | Uncategorized | Leave a comment

GND – Grindrod Limited – Directors Share Dealings

Nature of transaction : Zero premium collar to mature as scheduled below
Nature of interest : Indirect beneficial
Date, price amount : As scheduled below
Clearance obtained : Yes
Class of Share : Grindrod Ordinary Shares
Date Initial Price Cap Price No. of shares Maturity date
8 June 2007 R23,48 R28,23 500 000 8 June 2009
12 June 2007
Date: 12/06/2007 08:36:20 Produced by the JSE SENS Department

June 12, 2007 Posted by | Uncategorized | 2 Comments

My Equity Report

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 245 240 5 2.08 245 237 36 269,803 644,829
CADIZ 512 505 7 1.39 520 512 30 162,242 833,924
GRINDROD 2375 2329 46 1.98 2400 2350 228 986,854 23,477,257
S.OCEAN 780 780 0 0.00 780 765 18 88,475 683,027
ZEDER 270 268 2 0.75 270 265 53 450,123 1,206,330



June 11, 2007 Posted by | Uncategorized | Leave a comment

SASOL rated amoung top 10 Stocks to buy worldwide by stocksandblogs.com

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 shares at under $33 per share as part of a 3% share re-purchase program. The stock is down 10% from a recent high of around $39.50 due to some problems at their Oryx GTL (gas-to-liquid) plant in Qatar, but these issues will be fixed soon.

According to Motley Fool:

  • In 2006, Sasol pulled in roughly $2 billion in net income from continuing operations on roughly $10 billion in revenues.
  • The company, which operates in 30 countries and recently opened offices in China and India, sees its patented gas-to-liquid (GTL) and coal-to-liquid (CTL) technologies as a potentially huge driver of long-term growth.
  • The CTL technology, in particular, could catch on in the U.S. given our vast coal deposits, growing desire for energy independence, and sustained high energy prices.
  • Sasol has been in talks with at least two U.S. governors of coal-rich states who have expressed an interest in Sasol’s patented CTL technologies. Should the technology gain traction in the U.S., Sasol’s shareholders would likely be richly rewarded.

In addition, Sasol has an enviable return on equity of greater than 27% and a PEG ratio of 0.7. The stock is a buy at these levels.

June 11, 2007 Posted by | Uncategorized | Leave a comment

Why Invest in South Africa?

Spurce (southafrica.com)

South Africa 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 excellent reasons for doing this.

One reason is the healthy business and legal environment. South Africa has a well-developed legal framework in matters relating to labor and commerce. They have adopted international standards regarding patents, trademarks, competition, copyright and disputes. Banking regulations are amongst the greatest in the world and banking facilities are top-standard. Another matter to consider is South Africa’s economic policies. Various new policies have been put in place so as to produce a macro-economic environment that is very stable. The Reserve Bank of South Africa is completely independent from the country’s government and has implemented programs to stabilize interest rates and other important elements. South Africa also boasts fantastic infrastructure with world-class telecommunications and well managed transportation system.

Let us consider another good reason for doing business in the country: South Africa has entered into several free trade agreements and has introduced a reduction in tariffs. These trade agreements include the SA-EU Free Trade Agreement and SADC Free Trade Agreement. Additionally, South Africa provides good access to various markets, both by sea (to the South Atlantic and Indian Oceans) as well as on land (through the rest of Africa). Surveys have revealed that South Africa is one of the least expensive places, with excellent facilities, in the world to do business. Certain reports have also stated that South Africa ranks amongst the top countries for ease of doing business.

This just gives you a limited insight into why South Africa is a great country to do business in and hopefully it has whet your appetite to find out more. As you delve into the various business opportunities available in this exquisite country, you are certain to be impressed.

June 11, 2007 Posted by | About Investing in South Africa | Leave a comment

CMO -Sell Sell Sell

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

Click to enlarge

June 11, 2007 Posted by | Share Analysis | Leave a comment

JSE recovering bit today

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 :

Click to enlarge

here’s a little report on from wwww.psg-online.com

Gold firms, fickle markets bounce back (8.50am) 11 June 2007

In 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 acquisition fever over a few bank stocks helped cushion the fall. Stocks across the Asia-Pacific region gained for the 1st time in 3 days after a report today showed Japan raised its 1st-quarter economic growth estimate. South Korea’s Kospi index was the only benchmark in the region to fall. Australia and the Philippines are closed today for holidays. The price of crude oil was little changed in New York after falling last week on increasing US stockpiles and speculation rising interest rates may slow commodity demand. Cash gold rose on Monday as bargain hunters lifted the metal from its lowest level in nearly 3 months that was hit on Friday, while Tokyo gold futures slipped to a 2-week low on a decline in New York COMEX gold. The Rand is slightly firmer in early trading today as at 08.40am

June 11, 2007 Posted by | Uncategorized | Leave a comment

African Dawn Capital Limited – Directors dealing in securities

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 SHARE 28,062 -492.48 -1.75

I 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 shares

June 8, 2007 Posted by | Uncategorized | Leave a comment

GLOBAL RED TSUNAMI HEADED FOR JSE (8.450am) 08 JUNE 2007

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 10:15

source (www.psg-online.co.za)

New York

Stocks 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 to raise interest rates later this year. The Dow Jones industrial average tumbled nearly 200 points, or 1.48%, bringing its 3-day loss to 413 points, or about 3%. The broader S&P 500 index sank nearly 1.8%, or 3.2% for the 3-day period. The tech-driven NASDAQ composite index plunged 1.77% on Thursday and has lost roughly 3% for the 3 days. The Russell 2000 small-cap index plunged 1.9% on Thursday and lost 3.5% for the 3 days. “This is the summer correction everyone’s been looking for,” said Tim Hartzell, CIO, Kanaly Trust Company. He was referring to expectations on Wall Street that the rally was due for a bit of a pullback – and the seasonal tendency for summer to bring sub-par stock returns, due to low trading volume and more volatility. Hartzell said the rally ha!
d been vulnerable to this kind of a retreat in mid-May, but then got recharged by “the speeding car that is private equity.” He said that after the summer, he still expects to see the classic 4th-quarter stock market run-up. After scratching out modest gains on Monday, stocks fell sharply on Tuesday, Wednesday and Thursday as investors bet that interest rates are set to rise, before they fall. Sparking the bets were cautious comments from Federal Reserve officials, signs of rising inflation and surging borrowing costs both at home and abroad. PIMCO’s Bill Gross added fuel to the fire late Thursday when he said that the bond market is entering a bear market. “Based on the last employment report and other recent economic info, it’s clear that we are not getting an interest rate cut anytime soon,” said Charles White, chief strategist at ThomasLloyd Global Asset Management. “We’ve got crude up at probably $70/barrel in a few months and we saw a big technical support in the 10-y!
ear note yield give way today.” White said that all these factors were
dragging on stocks on Thursday and could leave the S&P 500 ultimately down more than 5% from its recent high by the time the losses dry up. However, he said he would be surprised if the sell-off proved to be more than that. That’s partly because the declines were not unexpected considering the recent run-up that sent the Dow, S&P 500 and Russell 2000 to all-time highs, and the NASDAQ to a 6-year high.ad_channel =

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Since tumbling in late February and early March on worries about slower global growth, stocks have been on the rise, thanks to better than expected earnings, corporate deals and stock buyback plans. Those developments remain in place and are likely to keep a floor on any stock sell-off in the weeks ahead. “If you’re a bear, you don’t have a whole lot of ammo,” White said. “LBO’s and stock buybacks go on. There’s ample money out there. From a supply and demand standpoint, there’s still support for US equities.” Treasury prices slumped on bets that the Federal Reserve is more likely to boost rates before cutting them. In addition, bond investors were reacting to a jump in mortgage rates to a 10-month high. The slide boosted the yield on the benchmark 10-year note to 5.13% from 4.96% late on Wednesday, making Thursday the 1st day the 10-year note has surpassed 5%, a key psychological level, since last summer. The yield briefly hit 5.14%, an 11-month high. Bond prices and yields!
move in opposite directions. The run up in bond yields both raises rate hike worries and the threat of bonds becoming a more competitive investment than stocks. In currency trading, the Dollar rose versus the Euro and the Yen. US light crude oil for July delivery jumped 97 cents to settle at $66.93/barrel on the New York Mercantile Exchange over concerns about exports from the Middle East after Turkish troops raided Iraq. COMEX gold for July delivery fell $9.40 to settle at $665.20 an ounce, falling with other Dollar-traded commodities. In economic news, April wholesale inventories rose 0.3%, as expected, after climbing 0.4% the previous month. Market breadth was negative. On the New York Stock Exchange, losers beat winners by 11 to 1 on volume of 1.91-bn shares. On the NASDAQ, decliners topped advancers by nearly 4 to 1 on volume of 2.38-bn shares. Stock declines were broad based, with all 30 Dow stocks sliding. Rate-sensitive stocks continued to slump for the 3rd session!
, with the Dow Jones Utilities average losing 3.3%. Homebuilders slump
ed on the rise in interest rates and in response to a warning that 2007 results won’t meet estimates due to weaker than expected April and May sales. Stock investors also perused a variety of May sales reports from the nation’s retail chains. In general, sales rebounded modestly from April’s weakness, thanks to warmer weather and early summer discounts. But spiking gas prices took a chunk out of any recovery.

June 8, 2007 Posted by | Uncategorized | Leave a comment