Thanks Shi. It is obvious from the PE (34.95) that the hype has already started and that the share may already be overpriced on the OTC market. At a price of 500c this puts it on a PE of 25 if I calculate correctly. Have to watch this one carefully when buying in.
#121
Posted 10 April 2014 - 01:56 PM
#122
Posted 10 April 2014 - 10:47 AM
Tharisa a platinum listing opened today and is trading at 2800 - from an IPO of 3800
#123
Posted 10 April 2014 - 08:49 AM
Details from PSG Konsult's website:
current price: 699
PE: 34.95
D/Y: 1.62
Shares in issue: over 1.2B
Market cap: R8.8B
Often trades over a million shares. On the 5th of March it was trading at 500. The push up to 700 seems to be based on the listing news.
#124
Posted 10 April 2014 - 06:47 AM
Thanks SAfrican for posting this info on the PSG Konsult listing. This looks very exciting and I am now wondering if PSG shareholders will receive an allocation based upon their holdings? There is to be no capital raising so I do not expect a rights issue or an IPO.
What I suspect however that this may be plain transfer from OTC to the main board with the OTC shares becoming more tradeable and this may case a bit of a hype and push the price up.
#125
Posted 09 April 2014 - 10:29 PM
Buy and visit again in 5years! I'm in!
Can't wait for this!
#126
Posted 09 April 2014 - 08:51 PM
PSG Konsult to list in June ...
http://www.moneyweb....-to-list-on-jse
Buy and visit again in 5years! I'm in!
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
#127
Posted 09 April 2014 - 05:26 PM
#128
Posted 09 April 2014 - 09:29 AM
Mokhachane not meaning to doubt you in any way but where did you read that Advanced Health will be a another potential Curro in other words a potential 10 bagger.
As I work in healthcare I evaluated this share and knowing some of the underlying issues in healthcare in this county had my doubts on whether this one will take off. I also had reservations about some of the cash being invested in Australia when SA's healthcare system desperately needs it not first world Australia.
Don't let me put you and some of the others off but please share any info you have.
#129
Posted 08 April 2014 - 09:50 PM
#130
Posted 08 April 2014 - 09:44 PM
#131
Posted 08 April 2014 - 04:03 PM
Was the Safari IPO not set at 7.63 ??
#132
Posted 08 April 2014 - 03:40 PM
Safari Opened at R10, seriously ? I am staying away from this, any one read on this company?
Just a quick spike to R10, back down to R8.50 again... I would wait and see where she is in 30 days.
See this article:
http://www.moneyweb....ists-on-the-jse
#133
Posted 08 April 2014 - 03:37 PM
I am quite surprised that Visual International did not dot all the "i's" and cross all their "t's" before official listing ... so Advanced Health gets my IPO purchase for April.
#134
Posted 08 April 2014 - 02:26 PM
#135
Posted 07 April 2014 - 09:35 AM
For those who havent heard anything of Advanced Health...this is the SENS
Financial Journos are asking "Is new listing Advanced Health the 'Curro' of the private health sector?"
#136
Posted 02 April 2014 - 06:37 PM
#137
Posted 02 April 2014 - 06:04 PM
I recall seeing somewhere that PSG Konsult is already trading OTC at around 600...Is this so?
Will this be the price when it gets listed?
That isd correct...trade in OTC market and the 600 levels sounds about right. If the markets behave then I guess there is no reason why it will list below 600
#138
Posted 02 April 2014 - 05:54 PM
I recall seeing somewhere that PSG Konsult is already trading OTC at around 600...Is this so?
Will this be the price when it gets listed?
#139
Posted 02 April 2014 - 01:38 PM
Initial indication was Q3 but that may change. The PSG results are due this month sometime and the commentary within the results may give us an idea. Look out for any interviews with the Moutons as I sure they will asked that very question.
#140
Posted 02 April 2014 - 01:33 PM
Any idea when PSG Konsult will list?