are there any more lights left for them to shoot out? 40% growth! Again! This company is unbelievable. Results are fairly priced in though, puts it in line with the forecasts in OST. But would be worth buying on a dip for sure.
expected was +44%, smack in the middle .. growth has to slow, and frankly i expected closer to 35%, so exceeded what I was lookign for as first half wasn;t that shoorting out the lights .. growth is now into middle and upper income and longer term loans, home loans etc. which increases risk and/or reward ..
I own some of these, but not to put a damper on this but wasnt this the buzz that went round with Enron, "how is ...% growth possible?", "this company is unbelievable", shouldnt we at some point start questioning is this really possible?
Yip, and as a man on the street, you will never be able to catch that kind of corruption. All your tools for evaluation come off the financials of the stock. Not even TA is likely to save you. Investopedia has quite a nice article on some of the traps in the cash flow statements to look for http://www.investopedia.com/articles/basics/05/062405.asp#axzz1ltTgGRU0
Ja, but now you are leading into the hardest question in investing - when to sell. When to buy is obvious, selling distinctly harder. Just remember, you trade the price but buy the company. If you like the direction Capitec is going, then this conversation is moot. If you are trading it, and looking for a time to take profit, well that is a debate that will carry on for some time. I am sure if we dug into some old threads from 1998 on MTN similar questions would have arisen.
agree, I sold most of my CPI last year, it had become massively over weight in my portfolio .. I will sell rest on a break down or a sudden slowing in growth .. todays big number makes a sudden slow down more likely .. so far we seeing a slow(ish) slowing of growth, they no longer +50% ..