Sage
Posted 16 May 2013 - 03:53 PM
Thanks for posting this, very interesting. R10 is quite a valuation though. Sounds high, whats your opinion?
Reading Keith's rationale I can't really fault it..
Fact is, demand will drive growth for awhile
There margins have improved in the last set of results
Management seems good.
Yes the industry is cyclical but the segment they are operating in is probably less so.
Would love to hear some downsides from anyone that can point some out but I'm not seeing many myself
Newbie
Posted 16 May 2013 - 02:46 PM
Thanks for posting this, very interesting. R10 is quite a valuation though. Sounds high, whats your opinion?
Sage
Posted 16 May 2013 - 01:22 PM
Sage
Posted 10 May 2013 - 09:25 AM
They have done very well, will double up as soon as I sold a kidney or something, liking this one a lot! Strange that it hasn't gone past the R6 yet? Gamma your opinion?
The reason for it not running up post results could be due to selling pressure from this
Dealing in securities by a director
CALGRO M3 HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 2005/027663/06)
Share code: CGR ISIN: ZAE000109203
(“Calgro M3” or “the company” or “the Group”)
DEALING IN SECURITIES BY A DIRECTOR
In accordance with the requirements of paragraph 3.63 to 3.74 of
the JSE Limited Listings Requirements, the following dealing in
securities by a director should be noted:
Name of company : CALGRO M3 HOLDINGS LIMITED
Name of director : Hatla Ntene, a non-executive
director of Calgro M3
Class of securities : Ordinary shares in Calgro M3
Nature of transactions : A sale of shares by Planet Waves
266 (Pty) Ltd (“Planet Waves”),
the BEE partner of Calgro M3, of
which Hatla Ntene is an
executive director. The sale of
shares is to reduce Planet
Waves’ debt exposure pertaining
to the original empowerment
transaction when it invested in
Calgro M3.
Nature of interests : Indirect beneficial
Date of transaction : 8 May 2013
No of shares : 3,500,000
Price : 550 cents per share
Value of transaction : R19 250 000
On-/Off-market : On-market
Date of transaction : 9 May 2013
No of shares : 1,500,000
Price : 570 cents per share
Value of transaction : R8 550 000
On-/Off-market : Off-market
Total value of transactions : R27 800 000
Clearance to trade has been obtained in terms of section 3.66 of
the Listings Requirements.
Master
Posted 08 May 2013 - 09:24 PM
Sage
Posted 08 May 2013 - 09:13 PM
Decided to get some more Calgro, was really saving for some nice vacation time but just couldn't resist after the results they released and the share not doing much.. sticking it out as well!
Goliath, see that screener I posted in the string called Good Read. You will note CGR's position in that table..
Sage
Posted 08 May 2013 - 08:07 PM
Decided to get some more Calgro, was really saving for some nice vacation time but just couldn't resist after the results they released and the share not doing much.. sticking it out as well!
I think that's a good move. If I had some free cash I would do the same.
Master
Posted 08 May 2013 - 07:12 PM
Decided to get some more Calgro, was really saving for some nice vacation time but just couldn't resist after the results they released and the share not doing much.. sticking it out as well!
Edited by Goliath, 08 May 2013 - 07:13 PM.
Master
Posted 08 May 2013 - 01:39 PM
Excellent results in tough times, if they keep this up..! Saw Esorfranki also released a not too bad trading statement, maybe construction in general starting to pick up..?
Sage
Posted 08 May 2013 - 12:11 PM
The only reason I see for it not running up more strongly is that the rest of the sector isn't doing that well and may be a drag. I'm sitting tight though, convinced the share price will explode upward at some point..hopefully soon
Master
Posted 08 May 2013 - 09:40 AM
They have done very well, will double up as soon as I sold a kidney or something, liking this one a lot! Strange that it hasn't gone past the R6 yet? Gamma your opinion?
Newbie
Posted 08 May 2013 - 07:24 AM
Right, so now we see Rev up over 50% which is unbelievable as their revenue is now the same as their market cap (according to bloomberg this morning which probably isnt updated)
Their profits are up 30%.
I don't know why it's not at R8 already, but i'm holding this bad boy for a while.
Sage
Posted 26 March 2013 - 06:02 PM
| MAC wrote on Tue, 26 March 2013 12:00 |
| especially so when achieved under current housing market conditions, are these the best set of results so far this year? |
Member
Posted 26 March 2013 - 06:00 PM
Sage
Posted 26 March 2013 - 05:35 PM
Master
Posted 26 March 2013 - 04:14 PM
Master
Posted 15 March 2013 - 08:20 AM
| FJ wrote on Fri, 15 March 2013 08:09 | ||
today, three months ago Calgro was trading at 511c. Now its 520c. Steady decline? Don't worry, earnings will be up significantly and the share price will jump soon... |
Member
Posted 15 March 2013 - 08:09 AM
| michaessers wrote on Tue, 12 February 2013 15:41 |
| Calgro has been on a steady decline for weeks. Any thoughts on where this is gonna go? |
Master
Posted 12 March 2013 - 03:05 PM
Master
Posted 12 March 2013 - 03:02 PM
