Great results but drop from LDT for a small divvie. Support and 61.8 fib re-trace since may low at 1604.Monthly and weekly trend still positive,so it still has momentum. If it closes below 1604 today then decide why you own it then flog or accumulate. Me, I will be looking to buying as long as medium term trend holds.
I believe their fundamentals are still good..just wonder if there are any negative developments apart from the rand weakness.Management has shown resilience in overcoming this in the past. They should still be able to do so. Remember this is the same company that still showed a 20% increase in EPS through the lean 2008/2009 years.. So perhaps a buying opportunity here..?