Nampak

Hi Guys

 

This share is surprising allot of people, i'm not sure if this run is sustainable and why

Shall i hold on with a tight stop loss or does anyone see more gains

 

When i bought in the low 80 cents, i was hoping to exit around R1,20

Now this ship has become a rocket 

 

Any followers

am also in npk - small amount but bought before the crash to 80c. Nice run these past few days, making a tidy profit

Hi Guys

This share is surprising allot of people, i'm not sure if this run is sustainable and why

Shall i hold on with a tight stop loss or does anyone see more gains

When i bought in the low 80 cents, i was hoping to exit around R1,20

Now this ship has become a rocket 

Any followers

Basically these 2 articles explain it

https://www.business...-debt-by-r16bn/

https://www.news24.c...or-now-20201001

I have had a great ride up, so happy to hold with a tight stop loss:)

Moved it 105c...what a run in 2 days...Allan Gray must be smiling a little after all the pain over the last couple of months

Very happy Sir:)

Put in a stop loss around 85c to lock in my profits if she tanks again

Thanks for the response

I took a small position so hopefully in a couple of years when the dust settles, i could be smiling:)

you should have a big grin on your face right about now

Thanks for the response

I took a small position so hopefully in a couple of years when the dust settles, i could be smiling:)

Morning I have a friend who's pretty high up in the engineering side of their operation...When last spoke he said was like a morgue there.. I assume he's also fearful of being retrenched by now...

Was about 6wks ago.

That's the only info I have don't follow it.

Hi guys

Thinking of taking a small nibble at Nampak

Anyone tracking this share?