Ouch! Tencent down 4.17%, NPN to follow!
Tencents now down 5.42% i am glad i sold my Naspers yesterday
Posted 11 April 2014 - 07:56 AM
Ouch! Tencent down 4.17%, NPN to follow!
Posted 11 April 2014 - 05:58 AM
Ouch! Tencent down 4.17%, NPN to follow!
Posted 11 April 2014 - 05:58 AM
Ouch! Tencent down 4.17%, NPN to follow!
Posted 10 April 2014 - 10:13 PM
the weakness in May for previous two years were due to them missing on interim earnings expectation (May 2012 and May 2013). Go and check the sharp sell offs occurred on the day the company released It's Trading Statement...although it seemed good it fell short of what market looked for at the time.This May will be different (or may be not)...as market is expecting a good result.
Posted 10 April 2014 - 09:27 PM
can't think of anything else...the other tech stocks on JSE Ie DTC, BCX, should not really be effected as they are not high growth high PE stocks that have reached for the starsTech shares getting roasted. Which stock on use would most be effected by this?
Besides NPN?
Posted 10 April 2014 - 09:05 PM
Posted 10 April 2014 - 08:30 PM
Based on what I see and know.Based on? If there are two I won't short I won't short just now is SHP and BGA.
Posted 10 April 2014 - 08:12 PM
Still think 174 will be the top for this move higher.been out and about, just seen your post now. if position size is small and you have aggressive outlook then 175.00 but personally would only look to add from 180(should price get there)
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
Posted 10 April 2014 - 08:08 PM
Still think 174 will be the top for this move higher.been out and about, just seen your post now. if position size is small and you have aggressive outlook then 175.00 but personally would only look to add from 180(should price get there)
Posted 10 April 2014 - 07:58 PM
but BAW feels full at 115 and priced for perfection. The interim results will have to be stellar for share to move higher from here. Also keep close eye on CAT in US as BAW share price is highly correlated with CAT.the weakness in May for previous two years were due to them missing on interim earnings expectation (May 2012 and May 2013). Go and check the sharp sell offs occurred on the day the company released It's Trading Statement...although it seemed good it fell short of what market looked for at the time.This May will be different (or may be not)...as market is expecting a good result.
Posted 10 April 2014 - 07:54 PM
the weakness in May for previous two years were due to them missing on interim earnings expectation (May 2012 and May 2013). Go and check the sharp sell offs occurred on the day the company released It's Trading Statement...although it seemed good it fell short of what market looked for at the time.This May will be different (or may be not)...as market is expecting a good result.Anyone have a view on BAW? It seems that there is seasonal weakness around May and a large pullback to the long term trend line. I cannot find any specific reasons for these pullbacks in the SENS announcements. Anyone with any opinions who may have followed this share for longer?
Posted 10 April 2014 - 06:04 PM
Are we still adding those shorts on Shoprite?
been out and about, just seen your post now. if position size is small and you have aggressive outlook then 175.00 but personally would only look to add from 180(should price get there)
“melior diabolus quem scies”
Posted 10 April 2014 - 04:49 PM
Finally the banks are retreating (with decent red candles on the dailies)....BGA short finally broke-even, now for the drop to continue to R146 level..... !
the banks price movement is not linked to technicals doesn't matter how many red candles its a fundamental issue , it will take a bit of time before any retreat will take place, once a interest rate hike takes place that would result in a decrease in the price
Posted 10 April 2014 - 04:48 PM
Posted 10 April 2014 - 04:47 PM
Anyone have a view on BAW? It seems that there is seasonal weakness around May and a large pullback to the long term trend line. I cannot find any specific reasons for these pullbacks in the SENS announcements. Anyone with any opinions who may have followed this share for longer?
Posted 10 April 2014 - 04:43 PM
Posted 10 April 2014 - 03:54 PM
Posted 10 April 2014 - 03:18 PM
if it breaks 174 I can see it squeeze to 180
that said I will be surprised if it can get through this 172-174 level...starting to see some sellers coming in
Posted 10 April 2014 - 03:05 PM
Edited by ykhan, 10 April 2014 - 03:10 PM.
Posted 10 April 2014 - 02:49 PM
had it in my sights @41 but didn't pull trigger...
will give you another opportunity...they will put out revised trading update in due course...will be lot's of noise in there due to profit on disposal of JMH...don't get caught up in the noise and hit it on the head should it spike