15225 replies to this topic

[Zanme]

Yea make no mistake guys.... This pain we're seeing is relevant, not speculation, not emotional, not over reacting. Mr market is talking

w.r.t technicals and charts, since I've joined this forum I've heard of cup handles forming, flying sauces, tsunamis haha.... All kak. All eyes on management and how they respond to this situation, and u cannot ignore that "no show" of support at the AGM.

So either Mr LDP talks his "significant progress" (haha kak) w.r.t litigation véry soon.... Or pollyz big fat zero is comming fast

During the sametime that we have been wasting our time and money on this very incompetent management team Tesla has increased its share price 31 times. While we have seen around a progressive decline. So I don't understand how the champions continue championing a very incompetent management team. I wish I invested in Tesla instead of losing over 10 fold of what I invested. I would have gained 31 times. Lesson learned a company might have great assets but if it has a weak greedy management. If only i listened to Polly.

[DeltaHedge]

Yea make no mistake guys.... This pain we're seeing is relevant, not speculation, not emotional, not over reacting. Mr market is talking

w.r.t technicals and charts, since I've joined this forum I've heard of cup handles forming, flying sauces, tsunamis haha.... All kak. All eyes on management and how they respond to this situation, and u cannot ignore that "no show" of support at the AGM.

So either Mr LDP talks his "significant progress" (haha kak) w.r.t litigation véry soon.... Or pollyz big fat zero is comming fast

 

how many shares you short bud?

[Lionelza1]

Yea make no mistake guys.... This pain we're seeing is relevant, not speculation, not emotional, not over reacting. Mr market is talking

w.r.t technicals and charts, since I've joined this forum I've heard of cup handles forming, flying sauces, tsunamis haha.... All kak. All eyes on management and how they respond to this situation, and u cannot ignore that "no show" of support at the AGM.

So either Mr LDP talks his "significant progress" (haha kak) w.r.t litigation véry soon.... Or pollyz big fat zero is comming fast

[andi222]

Geez this share is giving me grey hair haha. Wonder where it will form a bottom now. 

 

I think the drop relates to the RAND MERCHANT BANK COLLATERAL RECEIVER who have taken up the shares from Christo Wiese. 

 

We should see a recovery in the share price once these okes have offloaded all the shares. They had 43 Million. They are selling them in SA only. 

 

 

 

[BradH]

Sitting at 75c now.

[DeltaHedge]

What we think is irrelevant to these share movements. We need to dialogue to support ourselves making bucks. The downtrend will be determined by panicked and other market forces.hopefully we take opportunity and get the share volume at the right price if there will be an uptick with a settlement.....

 

Lets hope they speak to the market soon, the silence is not good. 

[Leadingedge]

Do technicals even apply to such a stock (in its current state).

 

Apologies for the confusion, I was merely looking at this from a point of view with a basic understanding of the technicals. I am teaching myself as I go along and I am very interested in the charts and picking up on trends or triggers. Hopefully I can learn something from a not so great situation.

 

I do agree that this particular share will only react to news at this stage.

[Investment novice]

What we think is irrelevant to these share movements. We need to dialogue to support ourselves making bucks. The downtrend will be determined by panicked and other market forces.hopefully we take opportunity and get the share volume at the right price if there will be an uptick with a settlement.....

[Lionelza1]

Do technicals even apply to such a stock (in its current state).

In my opinion no... It's driven my news on progress of possible turn around of snh

[andi222]

Normally we should look at the exchange where the highest volumes are exchanged and in this case this is Tradegate. Thus if you want to do a technical analysis look at the Tradegate chart.

 

We have today again tested the 4 cents. We had this already on the 1st of July.

 

If and only if the 4 cent is not breached the next few days/months there should be a nice run up.

 

But let's see what happens.

 

 

[DeltaHedge]

Unfortunately the trend for the downward movement is strong at this stage but we are also into oversold territory on the daily chart.

 

Do technicals even apply to such a stock (in its current state).

[Leadingedge]

78c has just been breached...either we are due a recovery or the price is going to keep falling. 77c is a new low a far as I can see.

 

Unfortunately the trend for the downward movement is strong at this stage but we are also into oversold territory on the daily chart.

[DayTraderDad]

But some of the members here will still hail the management team as great.
The head office costs us as shareholders in excess of R300 million bulk of that is going to two individuals. Whom i am not sure even own one share in the company and yet we have to glorify them. After three years they can't even provide comfort that the company won't go insolvent. I mean really. The only thing that they good at is sorting themselves out and those that can influence what they earning.

If all shareholders feel the same as you why did they not attend the meeting and voted LDP out on performsce. You as  shareholder had the right to bring that up at AGM but did not hear a pip from you there so why continue to  complaining because you failed to do something about it!! For me his salary not a issue in the scheme of things you keep on talking about E15 mil thats peanuts when one talks about the EBITDA. Have you got any idea how complicated the situation is when you got 90 greedy parties trying to scrunge money and then complain the share price is down.

[Leadingedge]

I posted a daily chart on 27 July, technically SNH needs to take out the March low at 78c before a strong rally.

 

78c has just been breached...either we are due a recovery or the price is going to keep falling. 77c is a new low a far as I can see.

[Zanme]

I posted a daily chart on 27 July, technically SNH needs to take out the March low at 78c before a strong rally.

But some of the members here will still hail the management team as great.
The head office costs us as shareholders in excess of R300 million bulk of that is going to two individuals. Whom i am not sure even own one share in the company and yet we have to glorify them. After three years they can't even provide comfort that the company won't go insolvent. I mean really. The only thing that they good at is sorting themselves out and those that can influence what they earning.

[KP7]

I posted a daily chart on 27 July, technically SNH needs to take out the March low at 78c before a strong rally.

[Leadingedge]

Intersting PPH up nearly 10%

 

It's broken through 10%, what a nice run! Pity that SNH is basically the opposite today.

[DayTraderDad]

Intersting PPH up nearly 10%

[Everlearning]

This 'ride' is wackier than the wildest rollercoaster ride !!

79 cents, Really ??? 

Time to raid the piggy bank to pick up what I can !!!

[DeltaHedge]

It did well yesterday to close at 87c but today some wanker is smashing it.