1 votes
Member
Posted 25 March 2014 - 04:03 PM
yep....possibly investigate all there tenders and contracts...big big fines and penalties!!
That's the problem with Small Caps dealing with Govt... too much corruption. But well, lets wait and see, we might end up picking this thing at R5 soon, and then wait for a big boy to take over and turn it around.... i.e if it doesn't get blacklisted and go bankrupt!
The Oracle
Posted 25 March 2014 - 03:48 PM
Mr Market says PNC is guilty.
yep....possibly investigate all there tenders and contracts...big big fines and penalties!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Sage
Posted 25 March 2014 - 03:45 PM
Mr Market says PNC is guilty.
Anyone need a heads up...!
Newbie
Posted 25 March 2014 - 02:52 PM
Think he sold his shares to cover his coming legal costs..
Yep... 
Master
Posted 25 March 2014 - 02:48 PM
Think he sold his shares to cover his coming legal costs.. 
The Oracle
Posted 25 March 2014 - 02:23 PM
Hope someone shorted it when the news broke!
I know Orca has a substantial amount invested here...Hope he jumped ship. If not best advise for him is too add more today!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Master
Posted 25 March 2014 - 02:12 PM
Hope someone shorted it when the news broke!
The Oracle
Posted 25 March 2014 - 01:45 PM
Go to the old PNC thread about a year ago when it was trading at R13.00! Was a discussion on this share on if long term a buy!!
Share looked good to go up but one of the points I raised was :
most of their sales is to govt depts. and schools!! I raised the question on cash flow weather they will be paid on time but never crossed my mind about bribery to win the contracts!!
and AJ its not about whose is bigger, this is a fact!!! 
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
The Oracle
Posted 25 March 2014 - 01:44 PM
Yep, not looking good..
Go to the old PNC thread about a year ago when it was trading at R13.00! Was a discussion on this share on if long term a buy!!
Share looked good to go up but one of the points I raised was :
most of their sales is to govt depts. and schools!! I raised the question on cash flow weather they will be paid on time but never crossed my mind about bribery to win the contracts!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Master
Posted 25 March 2014 - 01:13 PM
Reaction seems harsh. What if he's not guilty? Unless someone knows something we don't?
Still, it's some serious allegations.. even he innocent doesn't do much for confidence!
Newbie
Posted 25 March 2014 - 12:49 PM
bribery charges on one of the exec directors re sens today!!
Wonder if this is how they do business??
Reaction seems harsh. What if he's not guilty? Unless someone knows something we don't?
Advanced Member
Posted 25 March 2014 - 12:46 PM
At what price are you looking to enter?<br /><br />Sent from my GT-I9300 using Sharenet Sharechat mobile app<br /><br />
There we go...almost 5% down.
I see small support at 41.
And the next at around 36.
I guess anything below 40 would be fine.
Master
Posted 25 March 2014 - 12:43 PM
bribery charges on one of the exec directors re sens today!!
Wonder if this is how they do business??
Yep, not looking good..
The Oracle
Posted 25 March 2014 - 12:33 PM
PNC down over 17% for the day! Big holder/s selling?
bribery charges on one of the exec directors re sens today!!
Wonder if this is how they do business??
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Newbie
Posted 25 March 2014 - 12:32 PM
PNC down over 17% for the day! Big holder/s selling?
Master
Posted 25 March 2014 - 12:29 PM
Pinnacle dropping like a stone after the announcement! 
Newbie
Posted 25 March 2014 - 12:10 PM
Advanced Member
Posted 25 March 2014 - 09:45 AM
Anyone keep an eye on MTA results?
Was hoping for a buying opportunity there...yet no pullback thus far.
Member
Posted 24 March 2014 - 09:46 AM
Six gains out of 10 trades give you 4 losses and 2 of those losses were in CML if I remember correctly. Was it not around R70 then? Had you gone long instead of short as I told you, you would have made a pretty good gain by now.
You still dont get it do you???...
Well i suppose you will never understand what im trying to get across to you!!
Senseless exercise for me to try anymore honestly!!!!!
Please dont disappear when the market falls ok because thats the time you should be buying!! Got it? No ...ahh welll you will never learn...
Clash of styles in my opinion. If you're both disciplined in the way you apply it, you'll both make money in the long run.
But one thing you won't do is agree on approach ... and that's ok.
My two cents. As you were.
Yes, I will take your money! 
