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Online Share Trading

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Construction shares

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marcher
New Contributor
Hi guys, What's your take on these shares at the moment. Any opinions on Raubex?
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8 REPLIES 8
CHATTYCHAT
Super Contributor
As dicey as any other sector - and a little risky if you move in construction where building is involved. Civil construction has not had the end of its glory, but all good shares are under pressure of the old boar nowadays. IMIO: Raubex =good value at its current level.
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Not applicable
disagree, aveng seems to be bullit proof at the moment (to the downside at least), with healthy order books for the next two years, low PE's, and well poised to capitalize in any big infrastructure projects, like power stations and rail projects - allthough the latter is pure speculation, i don't know if they are involved in rail construction.
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striker
Super Contributor
I agree Aveng is solid - their market cap.is some R10bn,and cash resources at present are R6.5bn. !!!!
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SKALA
Super Contributor
I would add MUR to the list; bought some 2 weeks back.
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Not applicable
Hi, apparently government is increasing their infrastructure spending - so that will go down well with the construction shares like Avang and Sanyati.
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louisg
Super Contributor
Picks and shovels... PPC perhaps???
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Blik
Super Contributor
Investec has positive reports on Sanyati - I dont know too much about it - but someone with time could look at their numbers. It may be able to tap into Clever Trevors budget speech promise of additional spending on infrastructure / building / development.
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SKALA
Super Contributor
MUR behaving very nicely.
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