Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

Bear gonna get this one?

Reply
Thojody
Occasional Contributor
Any reason why BSR would escape this week's forecasted BEAR ???
0 Kudos
2 REPLIES 2
Not applicable
BSR and some other construction shares should be reasonably bear-resistant, but if the bear's big enough, it'll get everyone. My opinion is that BSR is a hi-quality share, but somewhat on the expensive side... IMO, OMO etc
0 Kudos
Not applicable
Basil Read is high quality stock. The view that it is on the expensive side is not justified when one considers the positive medium (12 month) term outlook of most construction stock. This one has a long way to run. Will take a bet that within 8 months we will be talking of over R50/share. Bears may get it but its too strong.
0 Kudos