Date	Rec'd	Name	Buy	Quick Sell	Wks	% Gain	% Ann.	Hold Sell	Wks	% Gain	% Ann.
SEP 90	B	TRENCOR	4850	11800	60	143	124	19500	124	302	127
OCT 90	W	PIKnPAY	1850	3050	49	65	69	3050	49	65	69
NOV 90	B	PPC	1875	4300	53	129	127	11500	182	513	147
DEC 90	W	DE BEERS	6940	10015	48	44	48	11750	186	69	19
JAN 91	B	COM FUND	4000	6000	26	50	100	6500	130	63	25
FEB 91	B	ANAMINT	7800	12000	40	54	70	13500	173	73	22
MAR 91	B	RM PROPS	1200	1400	31	17	28	1350	80	13	8
APR 91	B	SA EAGLE	1775	2440	10	37	195	5300	95	199	109
MAY 91	B	ADCOCK	5200	6500	5	25	260	17750	147	241	85
JUN 91	B	MOBILE	205	300	22	46	110	5400	162	2534	813
JUL 91	W	SANTAM	290	675	44	133	157	1250	156	331	110
AUG 91	B	SAGE	347	460	48	33	35	460	48	33	35
SEP 91	B	MOBILE	230	392	33	70	111	5400	149	2248	784
OCT 91	W	GYPSUM	900	1000	8	11	72	3200	143	256	93
NOV 91	B	SANTAM	420	675	28	61	113	1250	139	198	74
DEC 91	B	DORBYL	1900	3200	8	68	445	1850	130	-3	-1
JAN 92	B	AECI	925	1050	2	14	351	2850	104	208	104
FEB 92	B	ABSA	1100	1035	4	-6	-77	1030	73	-6	-5
MAR 92	W	CNA-GALLO	2650	2825	5	7	69	4200	125	58	24
APR 92	W	SFW	185	250	20	35	91	525	117	184	82
MAY 92	W	LIBVEST	800	900	20	13	33	1825	108	128	62
JUN 92	B	SAGE	407	750	40	84	110	750	40	84	110
JUL 92	B	SAGE	370	750	36	103	148	750	40	103	134
AUG 92	B	ABSA	860	1000	5	16	169	1030	47	20	22
SEP 92	B	SANTAM	620	1075	38	73	100	1250	100	102	53
OCT 92	W	N KLEINS	DELISTED
NOV 92	B	SANTAM	660	1075	26	63	126	1250	92	89	51
DEC 92	B	PICKNPAY	1225	1400	12	14	62	3050	49	149	158
JAN 93	B	LIBVEST	1110	1300	4	17	223	1825	73	64	46
FEB 93	B	ANAMINT	7450	9200	21	23	58	13850	65	86	69
MAR 93	W	SA BIAS	350	380	26	9	17	600	78	71	48
APR 93	B	GARDIAN	5600	6500	17	16	49	6100	69	9	7
MAY 93	B	UNI COLD	1700	2500	4	47	612	DELISTED
JUN 93	B	TRENCOR	1800	1950	4	8	108	2300	56	28	26
JUL 93	B	LIBVEST	1285	1450	4	13	167	1825	47	42	46
AUG 93	W	VOGELS	400	1150	69	188	141	1150	69	188	141
SEP 93	W	MOBILE	450	540	47	20	22	664	164	48	15
OCT 93	W	FOSCHINI	1537	2800	44	82	97	3150	60	105	91
NOV 93	B	FOSCHINI	1537	2800	40	82	107	3150	56	105	97
DEC 93	B	ANAMINT	10200	13850	25	36	74	15450	132	51	20
JAN 94	B	GYPSUM	1300	3200	30	146	253	5000	82	285	180
FEB 94	B	GYPSUM	1400	3200	26	129	257	5000	78	257	171
MAR 94	W	ADCOCK	1775	1775	8	0	0	2200	143	24	9
APR 94	W	NAMPAK	1425	1775	54	25	24	2300	89	61	36
MAY 94	B	ABI	2050	2025	8	-1	-8	2250	60	10	8
JUN 94	B	ENGEN	3900	4200	9	8	44	3800	24	-3	-6
JUL 94	W	LIB HOLD	24500	26500	18	8	24	36850	50	50	52
AUG 94	B	ENGEN	3650	4200	2	15	392	3775	18	3	10
SEP 94	B	ABSA	1005	1450	33	44	70	2500	50	149	155
OCT 94	W	ABI	2000	2250	38	13	17	2000	130	0	0
NOV 94	W	FIRSTBK	2250	2500	3	11	193	3650	56	62	58
DEC 94	W	TIB	1625	1750	12	8	33	2450	60	51	44
JAN 95	W	ADCOCK	1475	2150	61	46	39	2290	100	55	29
FEB 95	PS	CONFED	3000	4800	25	60	125	7000	77	133	90
MAR 95	W	REMGRO	2875	3025	2	5	136	4075	36	42	60
APR 95	W	BTRDUN	635	680	4	7	92	850	39	34	45
MAY 95	PB	PIKWIK	159	191	4	20	262	300	57	89	81
JUN 95	PB	ELLERINE	1975	2550	35	29	43	2700	70	37	27
JUL 95	W	REMGRO	2675	4075	26	52	105	4350	70	63	47
AUG 95	PB	GARDIAN	5800	9000	30	55	96	11100	65	91	73
SEP 95	W	FOSCHINI	2475	3300	10	33	173	3350	16	35	115
OCT 95	W	ELLERINE	1775	2550	13	44	175	2700	52	52	52
NOV 95	PB	LIBVEST	1825	2350	9	29	166	2450	22	34	81
DEC 95	PB	DALYS	5100	5800	6	14	119	5300	30	4	7
JAN 96	B	WOOLTRU	2075	1980	32	-5	-7	2900	81	40	26
FEB 96	B	MARSHAL	600	585	6	-3	-22	650	69	8	6
MAR 96	W	SFW	775	1250	35	61	91	1410	48	82	89
APR 96	W	DALYS	5100	5300	15	4	14	7400	65	45	36
MAY 96	PB	LONSUGR	1260	1500	10	19	99	DELISTED
JUN 96	W	SOTHERN	5200	5350	3	3	50	DELISTED
JUL 96	W	MCCARTHY	1700	1890	3	11	194	DELISTED
AUG 96	W	KWV-BEL	1950	2250	15	15	53	2450	42	26	32
SEP 96	B	WOOLTRU	1046	1614	45	54	63	1458	75	39	27
OCT 96	B	BTRDUN	120	284	6	137	1184	245	44	104	123
NOV 96	W	DALYS	4800	7400	36	54	78	8730	77	82	55
DEC 96	W	WOOLTRU	1710	2900	30	70	121	SPLIT - not comparable
JAN 97	W	CADSWEP	735	1010	21	37	93	1200	60	63	55
FEB 97	B	LIBERTY	12900	15000	21	16	40	19360	61	50	43
MAR 97	B	ADCOCK	2250	2200	5	-2	-23	2550	61	13	11
APR 97	B	SUNCRUSH	890	1250	13	40	162	1400	57	57	52
MAY 97	W	HUDACO	2050	2265	13	10	42	2195	23	7	16
JUL 97	W	MOBILE	140	190	2	36	929	200	32	43	70
AUG 97	PS	MOBILE	160	180	7	13	93	200	28	25	46
SEP 97	W	AMCOAL	27100	29397	4	8	110	DELISTED
OCT 97	W	AMCOAL	29300	30493	39	4	5	DELISTED
NOV 97	W	CROOKES	1250	1125	4	-10	-130	920	116	-26	-12
DEC 97	W	No buying recommendations
JAN 98	PB	SPUR	1000	1150	17	15	46	DELISTED
FEB 98	B	ABSA	3520	5090	7	45	331	3710	74	5	4
MAR 98	W	ANGLO-AM	22100	29896	7	35	262	42920	99	94	49
APR 98	W	SASOL	5080	5610	1	10	543	5360	91	6	3
MAY 98	W	AVMIN	440	510	7	16	118	570	84	30	18
JUL 98	PS	TRNSHEX	457	950	40	108	140	960	82	110	70
AUG 98	W	TRNSHEX	437	950	36	117	170	960	78	120	80
SEP 98	PB	PANPROP	325	530	32	63	103	600	69	85	64
OCT 98	W	CONCOR	1100	1350	24	23	49	1100	65	0	0
NOV 98	W	JDGROUP	2750	4380	20	59	154	5430	61	97	83
DEC 98	B	JDGROUP	2070	4380	16	112	363	5430	65	162	130
JAN 99	W	CTP	4200	6100	10	45	235	6600	55	57	54
FEB 99	W	BOE	345	450	3	30	528	500	47	45	50
MAR 99	W	BOWCALF	117	118	3	1	15	130	45	11	13
APR 99	W	BOWCALF	115	95	7	-17	-129	130	41	13	17
MAY 99	W	SA EAGLE	8550	11300	544	32	3	14200	69	66	50
JUN 99	W	SHOPRIT	805	910	26	13	26	810	82	1	0
AUG 99	W	SA EAGLE	9500	11100	31	17	28	14200	90	49	29
SEP 99	WPB	COMPAREX	3600	5550	16	54	176	Not comparable
OCT 99	W	CTP	5400	6600	15	22	77	5800	47	7	8
NOV 99	SSI	INVESTEC	23000	30000	8	30	198	27640	56	20	19
DEC 99	SSI	COMPAREX	1255	1781	4	42	545	Not comparable
JAN 00	WPB	FEDSURE	4975	5350	2	8	196	3465	53	-30	-30
FEB 00	SSI	AFLIFE	4630	4100	4	-11	-149	1570	48	-66	-72
MAR 00	PS	AFLIFE	3500	3630	4	4	48	1570	44	-55	-65
APR 00	SSS	TIWHEEL	1795	1500	8	-16	-107	1800	80	0	0
MAY 00	SSS	No buying recommendations
JUN 00	SONO	MRPRICE	700	800	1	14	743	569	96	-19	-10
AUG 00	WPB	INHOLD	21400	24000	24	12	26	Delisted
SEP 00	SONO	IMPERIAL	5720	6520	18	14	40	7000	47	22	25
OCT 00	SONO	METCASH	365	327	3	-10	-180	275	85	-25	-15
NOV 00	OSPP	TRNSHEX	930	1460	12	57	247	2000	78	115	77
DEC 00	OSPP	STANBIC	3000	3190	4	6	82	Not comparable
JAN 01	WPB	INVESTEC	25900	27800	3	7	127	Not comparable
FEB 01	B	BIDVEST	4695	5150	17	10	30	5150	67	10	8
MAR 01	PB	TIGBRANDS	5880	7090	33	21	32	7450	60	27	23
APR 01	PB	SASOL	6830	13520	48	98	106	13400	46	96	109
MAY 01	BBB	FIRSTRAND	825	905	10	10	50	885	51	7	7
JUN 01	BONO	METLIFE	902	1060	4	18	228	Delisted
AUG 01	OSPP	PEPKOR	375	465	6	24	208	460	18	23	65
SEP 01	BONO	AFROX	1050	1500	30	43	74	1500	30	43	74
OCT 01	WPB	COMAIR	150	165	4	10	130
NOV 01	WPB	NUWORLD	1000	1300	22	30	71
DEC 01	WPB	RICHEMONT	2150	2790	13	30	119
JAN 02	WPB	SAGEGRP	745	800	17	7	23
FEB 02	SONO	ALTECH	2090	2425	10	16	83
MAR 02	WPB	ALTECH	2035	2425	6	19	166
APR 02	WPB	STANBIC	3200	3650	3	14	244
MAY 02	WPB	FIRSTRAND	835
JUL 02	OSPP	ALTECH	2182
AUG 02	OSPP	CMH	1300	1305	20	0	1
SEP 02	WPB	CMH	1305	1305	16	0	0
OCT 02	WPB	CMH	1280	1305	12	2	8
NOV 02	OSPP	ABI	4480	5050	10	13	66	6600	44
DEC 02	WPB	No buying recommendations
JAN 03	WPB	No buying recommendations
FEB 03	WPB	GENCOR	13	14	16	8	25
MAR 03	WPB	MNET-SS ?	480	705	20	47	122
APR 03	WPB	ABI	4616	6600	24	43	93
MAY 03	OSPP	STANBANK	2975	3536	8	19	123
JUN 03	OBPP	AVI	1451	1740	12	20	86
AUG 03	WPB	TRANSHEX	2350
SEP 03	SSI	TRANSHEX	2250
OCT 03	WPB	TRANSHEX	2130

	All	Positive outlook only
	Short-term	Short-term	Long-term
Average period elapsed	23 weeks	19 weeks	76 weeks
Average gain	34 %	39 %	171 %
Average gain annualised	129 %	141 %	86 %
Average cost per 100 shares	R 3366