69 replies to this topic

[TradeBit]

Medicos, going up because of ........ Takeover bid!

[Zero Hedge]

Does it matter why the price goes up, if the market likes it lets enjoy the ride. We must just be able to see when it has lost favour and get out.

It is going up in the slip stream of NTC and MDC...

[Fleetstroke1]

Does it matter why the price goes up, if the market likes it lets enjoy the ride. We must just be able to see when it has lost favour and get out.

[Mr.Balls]

 SCL.jpg   90.34KB   28 downloads

 

Look at the run up SCL had which lasted a couple of months, If the market buys on the hype it can take a while before they realize they are paying too much...This is hype because there isn't any cautionary announcement which could have a effect on the price released yet, or if it does come shortly then this is some dodgy trading taking place.

 

 

[Mr.Balls]

depends what his strategy was before going on.. can't get too greedy..

Maybe offload some and lock in some profits.. and keep a close eye on this one...

this stock reminds me of SACOIL a few years back...

Agree..tipical SACOIL in the making...price is heading towards heaven and no one really knows why...

[michaessers]

I feel like a toss. I printed and filled out the forms to order pre-listing (that means i would have got in at R1.00). I got lazy and didnt submit the forms. With the share price at i think i deserve a very very big slap.

[Vintage_Strat]

why sell @ 50% when youre heading for 100%, up 8% today to 250...

 

depends what his strategy was before going on.. can't get too greedy..

Maybe offload some and lock in some profits.. and keep a close eye on this one...

this stock reminds me of SACOIL a few years back...

[McEdama]

Im in two minds here, dont know if i must sell at 50% profit or wait a bit longer....

why sell @ 50% when youre heading for 100%, up 8% today to 250...

[Mr.Balls]

245c

*Crying!!

[Shi]

245c

[cdb999]

Im in two minds here, dont know if i must sell at 50% profit or wait a bit longer....

[Mr.Balls]

I agree Mr. Balls, but what the hell is happening here ? Is there something we not aware of ?

 

PS: expected earnings for FY16 is just under 10c.

I think everyone wants a part of the action and thus pushing the price ridiculously high, I know that this is a small company with great prospects but the price is just too high against their expected earnings, I'll sit on the sideline until their first results come out and take it from there

[TradeBit]

I had some great times on that forum, shame they killed it. I see they are not doing so well anymore. Just goes to show.

[Shi]

I was TradeBit.

[Queen B]

Day high of R2.35

This share has gone up to high, too quick

[TradeBit]

Hi Shi, you where also on the PSG forum years ago right?

[Shi]

I agree Mr. Balls, but what the hell is happening here ? Is there something we not aware of ?

 

PS: expected earnings for FY16 is just under 10c.

 

[Mr.Balls]

Testing 200c again and volumes still look good

I got out and took my 100% profit, its just too high, these guys will soon realize they are paying too much...I'll be buying again if it pulls back. They expect profit for 2014 = R 15m and 2015 = R 22m.

 

There are 220m shares issued so earnings per share = 15/220 = 6.8c

 

So at a price of 200c that puts them on a forward P/E of  200/6.8 = 29, I think this is too much for a new company, they will have lots of unforeseen expenses while getting the business on a role so any earnings miss in the future will let the share tank.. Will like to see how this plays out

[Shi]

Testing 200c again and volumes still look good

[Goliath]

Good call to you guys who got in. Was worth a punt and its paid off handsomely.

 

I still don't rate this company but hey, the market knows better!

Yep, but I still can't see why its running so hard at this stage?