1642 replies to this topic

[Africa1962]

Latest sens indicate congratulations are in order

For one of our own

We can all testify that he knows this share well but turns out he is a titan in industry as well

Congrats Investment Novice

 

say when to buy  .....

[budfox]

Latest sens indicate congratulations are in order

For one of our own

We can all testify that he knows this share well but turns out he is a titan in industry as well

Congrats Investment Novice

Edited by budfox, 04 May 2022 - 02:25 PM.

[Africa1962]

sens out...in-fighting continues it seems

[Snippit]

I see 98% collapse since 2016 and sideways basing since 2020. Whatever destroyed this registered entity seems to be of typical no concern to the increasingly questionable JSE bourse, which has an increasing association with similar absolute disasters without any apparent transparency or noticeable intent to prevent. Accordingly the JSE is a rogue bourse within an environment of similarly corrupted entities. There is no unhindered competence available to even start to address let alone correct this irregularity. Such intervention is not wanted let alone supported.  

[Africa1962]

and now the 2nd sens in two days

[Africa1962]

any views on the impact of the sens?

 

and now the 3nd sens in two days

[Africa1962]

any views on the impact of the sens?

[LarryK]

Really does feel like wasting time. Any little pump from here probably better to close

I reduced my holdings from 500,000 shares down to 100,000. Sold out between 80 to 85c.

Holding these shares in the hope that sanity prevails and that the management tries to get a buyer for what is left (vitamin pills, cash in the bank and tax loss) and them making a buyout offer to current shareholders and then delist. Hope we get R1 plus per share.

Not very positive on the share.

[JR7800]

Anyone thoughts on the latest 2 sens?

Progress but head office costs high and still losses of R1 per share…

 

I reduced my holdings from 500,000 shares down to 100,000. Sold out between 80 to 85c.

 

Holding these shares in the hope that sanity prevails and that the management tries to get a buyer for what is left (vitamin pills, cash in the bank and tax loss) and them making a buyout offer to current shareholders and then delist. Hope we get R1 plus per share.

 

Not very positive on the share.

[LarryK]

Anyone thoughts on the latest 2 sens?

Progress but head office costs high and still losses of R1 per share…

[Investment novice]

Difficult to value a company that sold its flagships and high opex. Interests still for 6 months. Impairments. Likely heps negative for h1 and fy. I think there is good upside . I like some of the characters involved. My entry price with this share is 30c. And hope the exec and board fly this to the moon in 2 years to be at least r2.but if not well. 30c should be safe.
Market has not responded to this. Think they worried that sens was written to excite rather than inform

[Billions]

You having a laugh right? But on the off chance you are not...Maybe read the sens again.... this is not going to be the same company it was before the acquisition spree some years ago...it is a shadow of it... with high head office costs that need to be reduced over the next few months... sure estimate 200mil cash to expand...... this is a newish board and market sentiment will be at play for a long time until the plan is shared then executed.. also still while unlikley BR is a possibility until more info is provided... in any event this is my opinion... if your not having a laugh perhaps read prior posts... good luck all.. this is probably last time i post here as i am looking to sell tomorrow

Yes will go up in time.... depends on the plan. But i would not cite R27 a few year ago as a basis for increasing.... cheers

[Billions]

You having a laugh right? But on the off chance you are not...Maybe read the sens again.... this is not going to be the same company it was before the acquisition spree some years ago...it is a shadow of it... with high head office costs that need to be reduced over the next few months... sure estimate 200mil cash to expand...... this is a newish board and market sentiment will be at play for a long time until the plan is shared then executed.. also still while unlikley BR is a possibility until more info is provided... in any event this is my opinion... if your not having a laugh perhaps read prior posts... good luck all.. this is probably last time i post here as i am looking to sell tomorrow

[Olymphia]

There is a lot more legs to this share, remember it's all time high was R27.00.

Should be able to climb up to a higher place from it's current place

[Billions]

Have been lowering expectaions as info has been released... no idea what asc is giving away as they cited non core and cash surplus... we still have no idea how much of the facilities where drawn... just that its less than R550mil.... this was what was paid to prior lendors by the new ones... but included in there are operations funds that was meant for the entire year! If i recall..... need full details via sens... right now it will go anyway... i dont think anything over R1.50 is possible as its stand

Read sens... if it goes to R1.10 i would be out.... but i have no idea how market will react...i fear we will probably have a big dump tomorrow and i will be holding this for another 12 months... lots of answers have been omitted.... we have to guestimate values

[Billions]

Sens out..

[Billions]

Have been lowering expectaions as info has been released... no idea what asc is giving away as they cited non core and cash surplus... we still have no idea how much of the facilities where drawn... just that its less than R550mil.... this was what was paid to prior lendors by the new ones... but included in there are operations funds that was meant for the entire year! If i recall..... need full details via sens... right now it will go anyway... i dont think anything over R1.50 is possible as its stand

[Olymphia]

D u have a target for where we r headed R 5, R 10, R 12

[Olymphia]

D u have a target for where we r headed R 5, R 10, R 12

[Billions]

Either today still or latest tomorrow morning. They have 24 hours once deal agreed to and signed for presentation.... so if signed last night then sens can come today or tomorrow.. a few hours as long as the can is not kicked again