68 replies to this topic

[Shi]

The trend is down.  I am thinking about averaging over my lifetime lol.  I still have a good few years left if all goes well.  Maybe the cycle will turn in my favour in 10 years.  What do you think?

 

Good that you see what I see - trend is down. It's not a good idea to bet against the market. Phrases like 'catching a falling knife' comes to mind. 

 

Also, an important aspect of making money on the stock market is not to loose money. In short, use stop losses. If you had a stop loss at 10%, then that limits your losses and when the market turns, you can get back in. Not using stop losses can ruin many good portfolios.

 

It would be useful if you can come up with your own valuation of COH right now, and what this would say (buy, hold or sell). Compare this to what is being said in the market (analysts and the like).

 

Good luck with whatever you decide.

[soutie]

Think holding costs...(missed opportunity on other shares) as capital is stagnated in low\no growth stock...

Been there....

[Motivated]

And why are you still holding? 

 

Check out the COH chart and see what the trend for COH looks like.

The trend is down.  I am thinking about averaging over my lifetime lol.  I still have a good few years left if all goes well.  Maybe the cycle will turn in my favour in 10 years.  What do you think?

[Shi]

My Curro Shares are now 57% down...

 

And why are you still holding? 

 

Check out the COH chart and see what the trend for COH looks like.

[Motivated]

My Curro Shares are now 57% down...

Edited by Motivated, 25 February 2020 - 11:27 AM.

[Saints]

Wow 1 SENS out earlier this week and all the good news and share price growth destroyed. Share price at a 5 year low and I suspect one of the reasons why PSG has been dragged down too

[Ms Jet]

Not very relevant to your discussion but Im sure Mr ramas brother is one of directors..i looked at curro but dont like psg / banking etc link..

[Goliath]

Nice post by Keith for those who are interested:

 

http://smallcaps.co....on-in-downside/

[Saints]

Resutls out to day. Ddi not shoot the lights out but on the other hand did not disappoint! However the market appears to be punishing the share price.

[TheConflict]

They generally tend to have a spike in volumes which coincides with the release of matric results.

 

Being part of the PSG stable, they are and will do well in the long run.

 

I prefer ADVTech, though. Decent company with fingers in various private education pies. But never in the headlines for racism...(but thats just my opinion)...

[soutie]

Obscene volumes.....Someone know something...?

Not complaining just curious.

Cheers.

[SouthAfricanMi.com]

We still think that there is loads of scope for COH to grow over the next 5 to 10 years.

 

This will be a great growth story just iike corporate cousin Capitec was (and still is).

 

http://www.southafri...ldings-coh.html

 

They stated they want 80 campuses by 2020.

 

In a recent interview on RSG their CEO said that target has now been moved to 90 schools by 2020.

 

And with the quality of education being so poor in SA, more and more parents will send their children to private schools

 

 

[Zero Hedge]

Yes nice trading pattern developing here...for some reason they love to push this one hard into every month end and then the counter struggles for the first 2 weeks of the new month. So to maximise returns sell into the month end madness and then use the next 2 weeks of new month to buy back at lower levels. Check it out...you will be amazed by the consistency of this occurence.

[soutie]

Theory as follows:

I really believe that this is a controlled sell off by a large holder,for some time, the price does in no way attempt to significantly break through the long term horizontal support line of R37-R38. My reasoning is due to the annually prescribed rights offer these fund managers could have an over exposure to Curro. We seen exactly that happen with the CEO selling 350k so as to fully subscribe for his allocation. Plus it's the volumes involved that have given rise to this post as well.. over 1mil yesterday & heading that way today. So bar a few panicked retail investors pushing the sell button I expect once this sell down is finished it will only take hours for the buyers to push it back up above the R40's...

 

BS or maybe..... what say the bench sitters....Cheers

 

Now sitting comfortably bid @ mid R42's......Volumes are still way to high for me to be as comfortable as I was....To be continued me thinks.....

[soutie]

Theory as follows:

I really believe that this is a controlled sell off by a large holder,for some time, the price does in no way attempt to significantly break through the long term horizontal support line of R37-R38. My reasoning is due to the annually prescribed rights offer these fund managers could have an over exposure to Curro. We seen exactly that happen with the CEO selling 350k so as to fully subscribe for his allocation. Plus it's the volumes involved that have given rise to this post as well.. over 1mil yesterday & heading that way today. So bar a few panicked retail investors pushing the sell button I expect once this sell down is finished it will only take hours for the buyers to push it back up above the R40's...

 

BS or maybe..... what say the bench sitters....Cheers

[brads]

Highlighted is my reason for holding....I got mine in the teens....Very seldom agreed.... but they have a pretty good strike rate.

 

In no way argumentative but they are providing what Gov seem incapable of doing..providing a standardized & stable environment for kids to learn, that's all really. When the dust has settled & the business has matured then the dividend revenue will be also standardized & stable.

Cheers.

I agree with both of you.

 

I think the demand in SA for decent education is amazing, and as long as the service is supplied, it will be sold, at a premium. The product is amazing. However, I also fail to understand the high PE. 

 

When going through their results, they have a section called "unreviewed growth %", representing 236% for last year. What is this? I'm sorry if I'm missing something, but I can't understand what this figure represents? I'm guessing if I can undertand this, I can maybe get a better understanding of the PE (if I consider the theory of matching PE to expected growth rate) 

 

If someone could coment on this, I would really appreciate it

[soutie]

Sorry for being thick but what was good about this result? H1 results was known and the margin pressure in H2 must have been a surprise for most. I really fail to understand why the stock should trade on such a multiple. I do not agree with the Moutons that this is the next Capitec for their stable. You very seldom hit 2 homeruns of that magnitude in succession.

If someone can tell me what returns this business will generate once at scale only then can one make an educated decision regarding the investment case. Toll then the stock is trading on hype and hope in my opinion.

 

Highlighted is my reason for holding....I got mine in the teens....Very seldom agreed.... but they have a pretty good strike rate.

 

In no way argumentative but they are providing what Gov seem incapable of doing..providing a standardized & stable environment for kids to learn, that's all really. When the dust has settled & the business has matured then the dividend revenue will be also standardized & stable.

Cheers.

[Zero Hedge]

Sorry for being thick but what was good about this result? H1 results was known and the margin pressure in H2 must have been a surprise for most. I really fail to understand why the stock should trade on such a multiple. I do not agree with the Moutons that this is the next Capitec for their stable. You very seldom hit 2 homeruns of that magnitude in succession.

If someone can tell me what returns this business will generate once at scale only then can one make an educated decision regarding the investment case. Toll then the stock is trading on hype and hope in my opinion.

[100ways]

Results look good and once again the rights issue which is significantly good price to get in. I will defo follow the rights.

[Zero Hedge]

Don't know the company very well but looks like low quality result to me...PBT up, but Tax paid down year on year...and then yet another rights issue as 100ways eluded to. Definitely some margin pressure in H2 but can't see reason for this as results commentary very scant