Guys easy monies to be made here....do your own homework first...im buying in tomorrow below R2.00
look at yield.....At R2.00 you can get 25% divi...and leases deadlines end of this month...
Risk to downside is if DPW doesnt sign...
but value of share destructed to so low..dont think its going to go further down with new yield of 25%....share on thursday closed R1.70
Was R6.60 4 months back...a buy and hold for divi scenario with hopefully a80% leases back to normal by next year
You buying brick and mortar with a nav of + R9.00
worst case scenario :If company goes belly up that brick and mortar in a fire sale should yield a minimum 30%..ie 3.00
started readin up on this one
think u meant share closed 1.68 on wednesday