1114 replies to this topic

[yusufm]

Did anyone else read CRD's latest SENS? likely sale of assets for the cash consideration of $150 million. Considering their market cap is under RR100 million, seems to be worth a punt!

[Mr_SA]

BSI prospects looking good after dividend declaration and improved sales and sales margin during October trading

 

Share price still wont move for quite some time.

[yusufm]

BSI prospects looking good after dividend declaration and improved sales and sales margin during October trading

[zoner]

So... who made tons of money on the village idiot yesterday?

[Geko]

Anyone follow RBA today? Closed up 57% and decent volume (for the share).

Any news out there? Or staff getting in before a sens?

 

[Shi]

Afdawn is still down in the dumps, but with the volumes today we could get a SENS soon.

[battleship]

Afdawn will jump substantially  in the next 30 days

[yusufm]

Standard Bank OST has suspended trading on VIL, but I can still see other people trading 

[longterm413]

Anyone knowing why Diamond Corp was up 53% today?

Look at the volumes traded, just the usual price manipulation for an illiquid share.

[Sugafoot]

Anyone knowing why Diamond Corp was up 53% today?

[yusufm]

Looking closely at the price action for the past 1.5 months (since it went ex dividend), a pattern should easily be seen.

There are few sellers willing to take the market price, and many buyers slowly driving up the price.

The price moves up in ranges (first it was 1000 - 1100c, then 1100- 1200, then 1200- 1300) and when I posted the comment saying that the share price was going to rise, you could see a breakout above the 1300c short term resistance. We have now breached 1400c and I would expect the price to consolidate in the 1400 - 1500c range for the next couple of weeks before breaking out into the next channel.

This pattern has been working for the 40% move from 1000 to 1400c, I expect it to fail soon though, in which case downside to about 1200c is probable.

I have no year end target Mr SA, merely trading the pattern

 

I think a move below 1300c will signify a trend change...

A close below 1650c would signify the trend mentioned above failing I think. If it does, we may see a large retracement as we are currently trading at a PE of nearly 35!

[longterm413]

Looking at Diamond Corp...

Anyone with more info on it?

See directors bought shares recently

Nice buying opportunity now after reaction to poor results, especially considering lace project 6 months ahead of schedule?

[yusufm]

Looking at JSC and SVB...

Both released good trading statements today

Missed the bus on SVB   

[yusufm]

Looking at JSC and SVB...

Both released good trading statements today

[Aquadyne]

Hey guys,
 
any thoughts on finbond? Im looking to offload...

I wouldn't offload yet. They hardly dipped with the African Bank fiasco.
Wait for the sector recovery and you will see a nice rally in this share.

Look at the financial ratios, this is a solid company and destined for exceptional growth. Now it is more of a long term hold though, not the quick growth like before.

Still, relative entry point is low.

[cdb999]

Hey guys,

 

any thoughts on finbond? Im looking to offload...

[yusufm]

MOR trading statement out....

[yusufm]

Looking closely at the price action for the past 1.5 months (since it went ex dividend), a pattern should easily be seen.

There are few sellers willing to take the market price, and many buyers slowly driving up the price.

The price moves up in ranges (first it was 1000 - 1100c, then 1100- 1200, then 1200- 1300) and when I posted the comment saying that the share price was going to rise, you could see a breakout above the 1300c short term resistance. We have now breached 1400c and I would expect the price to consolidate in the 1400 - 1500c range for the next couple of weeks before breaking out into the next channel.

This pattern has been working for the 40% move from 1000 to 1400c, I expect it to fail soon though, in which case downside to about 1200c is probable.

I have no year end target Mr SA, merely trading the pattern

 

I think a move below 1300c will signify a trend change...

Still following the pattern, now at 1700c! 70% up in a couple months. Trading at over a 30 PE, crash will come soon I am sure  

[yusufm]

Bought MOR at 23 cents. Half of total position. Will buy the other half if results(due to be released this month) are good.
Good earnings growth for interim results so I'm assuming full year results will be similar....

Happy with position, looking forward to results next week...

[Mr_SA]

Thanks I bought more on 40 as I believe this share will go up again

Bossie

 

What makes you think it will go up?