Community

Share knowledge. Find answers. Ask questions.

Online Share Trading

Engage and learn about markets and trading online

Phuthuma Nathi Shares

Reply
Contributor

Phuthuma Nathi Shares

Hi Guys, Why are Phuthuma Nathi shares falling? What are the factors that cause these shares to rise and fall? Regards.
0 Kudos
Reply
12 REPLIES
Occasional Contributor

Re:Phuthuma Nathi Shares

The reason why this solid share is falling is because many of the 120 000 shareholders do not know the true value of these shares (i.e. R80 plus rand) and are simply cashing in. That is why somedays you find a seller of e.g. 50 shares selling for R33 when there is a buyer in the market for R42 Hope this helps...my take dont sell your shares they will turn out to be a great investment in future
0 Kudos
Reply
Occasional Contributor

Re:Phuthuma Nathi Shares

The reason why this solid share is falling is because many of the 120 000 shareholders do not know the true value of these shares (i.e. R80 plus rand) and are simply cashing in. That is why somedays you find a seller of e.g. 50 shares selling for R33 when there is a buyer in the market for R42 Hope this helps...my take dont sell your shares they will turn out to be a great investment in future
0 Kudos
Reply
Occasional Contributor

Re:Phuthuma Nathi Shares

Information is the answer
0 Kudos
Reply
Super Contributor

Re:Phuthuma Nathi Shares

Nope, our friends Goldman Sach downgraded Nasper to Neutral.
0 Kudos
Reply
Highlighted
Regular Contributor

Re:Phuthuma Nathi Shares

Spot on Habibi , I am snapping up those shares at bargains. Just imagine when the debt is paid off , how much dividends one will recieve esp if you only paid around 40 bucks for the share. JP morgan put a fair value price of approximately 130 for the share.
0 Kudos
Reply
Super Contributor

Re:Phuthuma Nathi Shares

Seems to me that you are trading your belief about this share and ignoring the downgrade.
0 Kudos
Reply
Super Contributor

Re:Re:Phuthuma Nathi Shares

preston you seem to have become a fan on downgrades (and I assume upgrades as well) .. really ??
Simon
0 Kudos
Reply
Super Contributor

Re:Re:Re:Phuthuma Nathi Shares

Simon, on closing bell, there was a ticker that read "MTN and Nasper downgraded by Goldman Sach".
0 Kudos
Reply
Super Contributor

Re:Re:Re:Re:Phuthuma Nathi Shares

but do you care ??
Simon
0 Kudos
Reply
Super Contributor

Re:Re:Re:Re:Re:Phuthuma Nathi Shares

MTN ---> YES, NPN --> No. Although i must admit the heading says MTN but the content relates to NPN.
0 Kudos
Reply
Contributor

Re:Re:Phuthuma Nathi Shares

Thank you for the response.
0 Kudos
Reply
N/A

Re:Re:Re:Re:Re:Re:Phuthuma Nathi Shares

and that should tell you all you need to know about ratings
0 Kudos
Reply