501 replies to this topic

[carlosthejackal]

FNB taking an age.  Always terrible service compared to other banks!

 

Agree, not the first time.

 

Just phoned them and kakked them out.

[SyndriN]

Very tempted to buy more i won't lie

[Magnet]

FNB hasn't, I will add at under 50c as soon as I can.

 

FNB taking an age.  Always terrible service compared to other banks!

[carlosthejackal]

FNB hasn't, I will add at under 50c as soon as I can.

[SyndriN]

Standard bank has updated  

[LouahZA]

where do you guys expect the bottom to be?

[Magnet]

This is currently trading at 1.2bn market cap (including prefs)

 

Company has 2bn cash + 84m per annum profit via Stangen.  Buy at these prices.

[Magnet]

Looks like many are dumping out after waiting over 2 years.  As they sells slow down we should see a price increase.

[Shi]

I called Std Bank about 5 minutes ago, and they said to give it an hour.

[SyndriN]

Ah cool!, I can't see jack on Standard bank haha

 

Let me know how it goes please  

[Magnet]

Lifting of AXL and AXLP Suspension (Source: Sens) <No Instruments>
The suspension on AXL and AXLP has been lifted effective immediatel

 

Going for 47c on IG

[SyndriN]

Lifting of AXL and AXLP Suspension (Source: Sens) <No Instruments>
The suspension on AXL and AXLP has been lifted effective immediately

 

[Shi]

Should have been showing as AXL already!! Give it a day or two. Too many will be late in showing AXL on their trading platforms (meaning you cannot buy). I'm sure Std Bank is going to be one of them.

[SyndriN]

Popcorn at the ready!

 

Portfolio still showing shares as ABL, will they automatically be updated to AXL at 09:00 ? 

[Magnet]

Main thing to consider here is that the company has R2 billion cash and a new strategy going forward (yet to be released).

This is now a cash shell and price will be news driven. EPS and HEPS should not have any correlation to price as Stangen is dismantled and rebuilt.

[jacani]

Don't you think the following should also looked at in conjunction with the earnings decrease?

 

"The continuing operations generated a profit for the year of R84 million (2015: R69 million) before
 taking into account the discretionary actuarial liability."

[jaDEB]

A review by management of the financial results for the six month period ending 31 March 2017 has
indicated that the earnings per share (“EPS”) and the headline earnings per share (“HEPS”) are
expected to be at least 26.55 cents lower than the EPS and HEPS of 29.50 cents for the six months
ended 31 March 2016, reflecting a decrease of at least 90%.

[Magnet]

I got my popcorn ready

 

You still have some shares Queen B?? Very interested to see if there will be a short squeeze.

[Queen B]

I got my popcorn ready

[Queen B]

Tomorrow should be interesting