Want to add to Mix or Afrocentric,but which one to go with? Mix = great results, but will they keep this up? Afro = Medscheme a gem and given they bought from Allan Gray their medical wing and they trading at nice level to buy currently.. Hmm, thoughts guys?
I don't know anything about Afrocentric but as you know I'm a big fan of MIX. Did you watch the interview? I posted the link in the MIX thread. They are still only busy laying down their organizational infrastructure across the globe so the real growth has not materialized yet. Once these regions start pumping, their earnings will rocket, and the stock will soar. Its a question of time in my opinion..
Plus they are looking at acquisitions, they have no debt to speak of and they generate oodles of cash as a result of their annuity streams, which is now 60%+
I'm also expecting an FX bump to their next set of results.
I just wish the liquidity would improve. Very irritating...
Edited by gamma, 10 June 2013 - 10:47 PM.
Do not try and bend the market. That's impossible. Instead... only try to realize the truth. Then you'll see, that it is not the market that bends, it is only yourself.