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Online Share Trading

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ARB

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Not applicable
Hey everyone! Your thoughts on ARB Holdings. Seems their director has been trading a lot. Seems like good value to me!
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9 REPLIES 9
CrownA
Super Contributor
BUY BUY BUY!!
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barry_1
Super Contributor
ARB ?
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Samir
Super Contributor
barry, code is ARH. The director, Alan Burke is buying for a couple of reasons: 1-He is filthy rich after off loading a whole lot on listing at R5.10. Thus he is buying back with a "profit" in hand. 2-He is supporting the share price at current levels for fear of further decline since the poor listing last year. My esteemed opinion only.
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barry_1
Super Contributor
Thanks Samir.
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Not applicable
Thanks Guys. Samir, they have got a good P/E though and growth propects seems good with them being in one of the industries (Electrical) in which we all see major shortages big spending from ESKOM.
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Samir although i agreet hat he is filthy rich, the reason this is such a good buy is the contracts that they have line dup fo rhte coming year. They have all teh cabling contracts for all new stadiums, and for a multi billion US dollar housing deal in Africa. I thin kkcome next results this share will be right up there with the biggest movers of the year. I got in at 400c and am goin gto ride it all the way to the bank!
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Not applicable
Agreed, see you at the bank!
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Samir
Super Contributor
Ya guys. I am being overly critical off the guy cos he screwed me on the pre-listing and did not want to do a BEE deal with my employer (who is a ARH customer and who is AA Empowerdex rated). O well...
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Not applicable
mmmhhh....
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