ROCKITRIDEIT

Ah no I see it IS Stephen Roche! EX-international rider and LEGEND

Stephen Roche? or Nicholas Roche his son and current AG2R rider? Have tweeted Deano and Russ, hopefully they can make it down to Cape Town for a ride as well

oh, and welcome to the hub

search the forum for "32GI rocks" and you'll find a thread similar length to War & Peace discussing the relative merits. One thing with using 32GI is you have to be disciplined with how you fuel your body...you negate its benefits if for example you have cereal liberally coated with sugar for brekkie before a race/training

don't you remember the first time we met on chappies and my awesome climbing ability, pulling you up to your group?!

it must have done....my rating for the Durbanville race was 21 which would put me in E group if it was 100% weighted, now I just need to nail the WCE and the DC

only 70% sponsorship achieved in conjucntion with primedia for the 2012 TOSA, so perhaps a scaled down event if the gap can't be filled. Only 1 year working capital (from what level?) after loss-making events eroded the capital base. Would be interested to see the run-rate on this.

just seen my seeding has improved to G after the durbanville race, thanks to the Outriders DC team for pulling H group!! My target is to reach D seeding by end of summer so this is a good step forward towards this

I'll look out for you, what's your next race? West Coast Express on the 20th?

Yep that's me, in the blue and white deVere kit. what kit were you wearing?

yep wannabe, it was the Outriders club DC team, they were happy for me and a few others to work with them in their pace lines and rotations. They caught H group pretty quickly as after the usual frentic start we didn't get organised. I'm thankful to them for my time, hopefully it will help my seeding a bit

simonstown to macassar and back?

I wasn't sure of my time as my Cateye Strada comp battery died after 7kms, but happy with 2h32m from H group

yep that's the one. and compltely agree with you on that circle, its a dog show every time!!

it seems i take a very similar route to you guys, i take main road from plumstantia to claremont, then i duck over to the wrong side of the tracks and head along palmyra to r'bosch common and then liesbeek pkway, albert rd and lower church street then N1 to my office at the waterfront. usually takes sub 40 mins, which on some days is quicker than the car

DisChem in Cavendish had run out of stock during the week (was in there Monday and Tuesday), the guys said they were getting delivery end of this week. DisChem Canal Walk had plenty of stock, so I got myself 4 tubs of the raspberry

Spat, a DC teammate of mine just had his Roubaix resprayed at BMC a couple of weeks back, they did a flippin awesome job! Not sure if you can view the facebook link...?? https://www.facebook.com/media/set/?set=a.10150389117966678.408055.722061677&l=267e21a517&type=1

agreed, either reinvest the cash or return it to shareholders

unfortunately the cash under the mattress strategy, or burying your head in the sand, will lose you c5% per annum. You are managing your downside risk with no possibility of an upside, its a losing strategy in my honest humble opinion. Global corporate earnings and balance sheets are actually pretty strong right now, company valuations on a Price/Earnings basis are attractive compared to relative historic levels. a man once said "be fearful when others are greedy, and greedy when others are fearful"...he hasn't done too badly for himself

Ah Garfield, not so fast, you haven't taken into account the fact the price of oil itself has dropped recently on the back of weak global economic growth. And as for your prediction of ZAR/USD 20:1 in 2 years time, if you offered that in the futures market you wouldnt be in business long I'm afraid

I can PM you if you want, hell we can even meet! I'm an offshore IFA based at the Waterfront

Exactly. Which is why every South African's portfolio (within reason) should have both onshore (SA) and offshore exposure

interest rates in the UK, EuroZone and US are at all time lows, and are being kept low on purpose to try and stimulate growth, even though inflation is running rampant. If you have a bank account account in these countries you are earning pretty much close to 0% on your cash balances, and money market rates aren't much better. now take into account inflation at over 4% in the UK, effectively you are losing 4% p.a. on keeping your money in the bank. not great hey? Would you keep it there? or if you could, perhaps look to move it to SA where interest rates are higher and you earn a greater real return on your cash?

+1 1000 ZAR is an emerging mkt "soft" currency, it has been supported in recent years by speculatory hot money chasing yield/return, but as soon mkts/investors get jittery, that money flows out of soft currencies like the Rand as quickly as it went in. This is also why you have seen the price of gold skyrocket in recent months, its a safe haven asset, and there has been a flight to safety. But still don't forget that about 2 year ago ZAR/GBP was closer to 15 and spiked at 17 due to political instability. In my opinion ZAR is still overvalued by about 10%-15%, and this will play itself out as developed markets recover (albeit slowly)