Moneyweb stock picks 2007

A list of the Moneyweb community's stock picks for 2007.

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Positive outlook for platinum to 2012

RBCCM’s latest global PGM book, “Dirty Is the New Clean”, is out, with bullish news for investors

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Property at prime less 3,5%

An easier and cheaper way to gear yourself to the hilt on property.
There seems to be a common misperception that the buy-to-let residential market is the easiest way to invest in property using the bank’s money.

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SA economy roaring ahead

SA's leading economic indicator has leaped to 120.7 for November 2006 from October's high of 119.5, an indication that growth is still quite spectacular.

Read full artical at fin24.co.za

Rand recoups overnight losses

The rand has firmed to below R7.10/$, reversing losses sustained overnight when the market was caught short dollars.
Read full article at fin24.co.za

Dead cat bounce?

The JSE ended up 0.8% on the back of better commodity prices. Platinum lead the way up 2.59% while gold was basically unchanged at 0.01%. Banks where up 2.2%, financials 1.07% and industials 0.77%. Gold was trading at US$634.50/oz while the rand remained strong at 7.12 to the greenback.

Other Stats

Rand-Sterling 14.0088 -0.59%
Rand-Dollar 7.0963 -0.61%
Rand-Euro 9.1666 -1.05%

Gold 638.70 0.54%
Platinum 1166.00 0.65%
Brent Oil 54.09 1.22%

Current Trades

Sold my BAW instalment making 14.8% including the dividend. The market opened yesterday way below my stop loss which was subsequently not triggered. This was not totally unexpected.

Watch List
1)JSE CODE:NHM 5000 -0.6%
SECTOR: Platinum & Precious Metals
Comment: Has came down about 3% in the past 2 trading sessions. Would prefer to get in at well under 5000.
2)JSE CODE:HVL 7385 1.16%
SECTOR: Steel
Comment: No instalment available that would fit into my strategy. The one with the longest expiry date is in May which is way to risky especially with the share being so thinly traded.

3)JSE CODE:SOL 23080 1.67%
SECTOR: Integrated Oil & Gas
Comment: Was up today at 2% plus but ended down. Depending on what happens tomorrow I might be in with an instalment. Oil also firm over the weekend on cold weather fears.

Tomorrow

I would still be short of the market as Friday proofed me right. Essentially gold since even after a rally on Friday in New York it basically did not move.

JSE All Share end up 1% on commodity bounce

But it was held back by the firm rand. The Alsi ended at 25231.500 with the gold mining index the star performer 1.68%.The platinum mining index picked up 0.98% to help resources rally 1.45%.Industrials and financials firmed 0.54% and 0.44% respectively, while the banks index was 0.62% better. Industrials and financials firmed 0.54% and 0.44% respectively, while the banks index was 0.62% better.
The Rand firmed against the greenback to 7.16 while ended up to $626.90/oz. The market was watching out for the US CPI data.

Other Stats

Rand-Sterling 14.1337 0.34%
Rand-Dollar 7.1638 0.10%
Rand-Euro 9.2836 0.24%

Gold 632.45 0.02%
Platinum 1165.00 2.01%
Brent Oil 51.51 2.41%

Current Trades

Quite an boring day with BAW which ended basically flat. Well after its past run a small pause would be a good thing. My stop loss was not reached as I though it would do in the morning volatility, so I moved it up again.

JSE CODE:BAW 17770 -0.17%

SECTOR:Diversified Industrials

Watch List

1)JSE CODE:NHM 5170 0.0%

SECTOR: Platinum & Precious Metals

Comment: May be to late but will keep an eye out for dividend

2)JSE CODE:HVL 7300 0.65%

SECTOR: Steel

Comment: If I can find a share instalment with a later expiry date I am in under 7250

3)JSE CODE:SOL 23185 3.55%

SECTOR: Integrated Oil & Gas

Comment: I am in under 23000

Tomorrow

If one looks at what I said yesterday don't listen to me. However for those that just don't listen I still feel bearish.