Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Johannesburg Stock Exchange  >  Sanlam Limited    SLMJ   ZAE000070660

Mes dernières consult.
Most popular
News SummaryMost relevantAll newsSector newsTweets

Sanlam Limited : iTrade launches Facebook fantasy league for share trading

share with twitter share with LinkedIn share with facebook
share via e-mail
02/14/2013 | 08:44am CET

Online trading platform Sanlam iTrade has launched a first-of-its-kind Facebook app and competition aimed at exposing social media users to the vibrant world of online share trading. The iTrade Fantasy League will see Facebook fans voting for their favourite stock picks over a nine month period and Sanlam iTrade investing a full R1-million in the top stocks share portfolio.

Gerhard Lampen, head of Sanlam iTrade, explains that the fans will initially be given a basket of 90 shares to choose from, "Fans will vote to reduce these picks to the top 20 shares by the first of March with additional shares being voted on or off over the following months. They'll effectively be the portfolio managers for that time and manage the portfolio by 'liking' or 'unliking' a share." The 90 shares have been selected as the biggest stocks in the financial, industrial, retail and resources sectors.

Lampen said the main driver for the competition was education around online share trading, "Online trading is a wonderful, empowering 'do-it-yourself' form of investing which is compelling and lots of fun, but unfortunately many prospective investors find it intimidating because they lack knowledge. By watching the portfolio perform over the coming months, fans will learn about the JSE and the fundamentals of stock broking. In addition, every month we will focus on a different share in the portfolio and offer deep information on that share. Fans will be able to learn more about the share, predict its' month-end value and win prizes based on these predictions."

He explained the competition element. "Fans who accurately predict the actual profit of the portfolio at the end of the league in November 2013 will share in the profit of the portfolio, with 60% of the profit going to the fan whose guess was closest to the value, 20% to second closest, 10% to third closest and the final 10% to charity."

For more information visit http://apps.facebook.com/itradeleague/.

Content within this section:
distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on SANLAM LIMITED
12/06 SANLAM : Operational Update - December 2017
12/01SANLAM LIMITED : quaterly sales release
11/27 SANLAM : NBC, Sanlam Partner to Benefit Clients With Wide Product Offering
11/10 SANLAM : Running Into a Brick Wall
11/06 LONMIN : Share dive raises fear over future of Lonmin
11/06 NEDBANK : Absa takes a beating from fake news
10/20 Sompo International Strengthens Position in Africa through Insurance Alliance..
10/16 SANLAM : to buy Absa Consultants and Actuaries for R285 million
10/16 SANLAM : Acquisition of Absa Consultants and Actuaries
09/14 BOTSWANA INSURANCE : Exhibition elevates artists - Mzwinila
More news
News from SeekingAlpha
10/18 Sanlam (SLLDY) Investor Presentation - Slideshow
Financials ( ZAR)
Sales 2017 50 137 M
EBIT 2017 8 412 M
Net income 2017 9 751 M
Debt 2017 -
Yield 2017 3,65%
P/E ratio 2017 16,48
P/E ratio 2018 14,40
Capi. / Sales 2017 3,41x
Capi. / Sales 2018 3,11x
Capitalization 171 B
Duration : Period :
Sanlam Limited Technical Analysis Chart | SLMJ | ZAE000070660 | 4-Traders
Technical analysis trends SANLAM LIMITED
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 6
Average target price 81,8  ZAR
Spread / Average Target 3,8%
EPS Revisions
Ian Maxwell Kirk Chief Executive Officer & Executive Director
Johan van Zyl Non-Executive Chairman
Heinie Carl Werth Executive Director & Group Financial Director
Temba I. Mvusi Executive Director
Mmapusetso Manana Maria Bakane-Tuoane Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
SANLAM LIMITED23.13%12 994
AXA5.38%72 646
PRUDENTIAL13.52%63 653
METLIFE-4.60%54 099