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PHUTHUMANATHI SHARES - NASPERS

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Frequent Contributor

PHUTHUMANATHI SHARES - NASPERS

Folks - i see PN is now trading at 52 rand - steady gains everyday - any views on where to from here for the price and why such huge fluctuations?
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22 REPLIES
Regular Contributor

Re:PHUTHUMANATHI SHARES - NASPERS

The Shares are making higher lows and higher highs everyday,and volumes have been okay.....i think the share price will climb much higher eventually...
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Regular Contributor

Re:PHUTHUMANATHI SHARES - NASPERS

I would like to give a hand of thanks to all those that decided to sell their shares way below market value , I having been buying these shares and have already made profits in excess 80%.
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Regular Contributor

Re:PHUTHUMANATHI SHARES - NASPERS

The trading platform seems not to be opening today,Anyone experiencing the same prob ?
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Super Contributor

Re:Re:PHUTHUMANATHI SHARES - NASPERS

i am frustrated myself cause i use it for buying end selling.
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Regular Contributor

Re:PHUTHUMANATHI SHARES - NASPERS

Yip , I have called them. The platform is down
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Super Contributor

Re:Re:PHUTHUMANATHI SHARES - NASPERS

any idea how much it is worth now?
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Regular Contributor

Re:PHUTHUMANATHI SHARES - NASPERS

The last traded price was about 55 rands , though the shares are valued at 130 - 170 rand . I value it at 150 rands currenlty
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Regular Contributor

Re:PHUTHUMANATHI SHARES - NASPERS

What would your cut off price be,until u stop accumulating more Shares Mr Money?
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Regular Contributor

Re:PHUTHUMANATHI SHARES - NASPERS

I have already thrown the "kitchen sink" at these highly undervalued shares, I don't have much spare cash left. I would buy without thinking if the share (money for jam) price is below 80 bucks. Will probably still buy until but with caution till 100 bucks.
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Regular Contributor

Re:PHUTHUMANATHI SHARES - NASPERS

Forgot to mention will hold until it reaches 170 , than decide whether to exit or carry on holding. Make no mistake this a premuim quality share with huge cash generation potential (think of your DSTV monthly subscription that always goes up.
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Frequent Contributor

Re:PHUTHUMANATHI SHARES - NASPERS

have to agree with Mr Money - will not sell anywhere below R120 - this is a quality stock and as soon as everyone is in the know - the price will rise - also the dividend was cut every year to pay debt so interested to see what the new dividend will be next year September (perhaps R5).
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Occasional Contributor

Re:Re:PHUTHUMANATHI SHARES - NASPERS

What is their JSE trading code?
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Super Contributor

Re:Re:Re:PHUTHUMANATHI SHARES - NASPERS

joking right?
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Super Contributor

Re:Re:PHUTHUMANATHI SHARES - NASPERS

How do u keep an eye on the price? by calling them often?
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Regular Contributor

Re:PHUTHUMANATHI SHARES - NASPERS

These shares are BEE shares ( you have black , indian or coloured) and are not listed on the JSE. They can be bought OTC.
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Occasional Contributor

Re:Re:PHUTHUMANATHI SHARES - NASPERS

Much appreciated, thanks.
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Regular Contributor

Re:PHUTHUMANATHI SHARES - NASPERS

The platform is now up and working
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Super Contributor

Re:Re:PHUTHUMANATHI SHARES - NASPERS

baai dankie hoor
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Super Contributor

Re:PHUTHUMANATHI SHARES - NASPERS

http://www.moneyweb.co.za/mw/view/mw/en/page292518?oid=558208&sn=2009+Detail&pid=287226 As a wit ou I'm waiting for a wee offer but haven't seen one yet.
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