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Msh123
New Contributor
Any idea why DSY has been performing poorly since about August last year?
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8 REPLIES 8
Super Contributor
Look at my post under DSY
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Msh123
New Contributor
ta. A correction then? Quite severe i might.. I like their strong fundamentals with technology edge. Thought it might be good to buy hold long term.
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Super Contributor
A correction to more acceptable price levels, yes.
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Super Contributor
Expect a bounce off 7258 back towards 7700 but if 7258 doesn't hold then that big H and S could play out which could take it down to around 5500.
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Not applicable
kinda curious as to which fundamentals you are referring to - because I see declining margins despite revenue growth - never a good sign for an investor
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Super Contributor
A bit messy today.
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Super Contributor
If it goes down to R55 it will be lower than it was a year ago(! ) - while not impossible it would be surprising given the sector its in. Its still expensive cf other insurers -but not by much - the model is a hard one to breach - so its offering secure earnings on its core businesses.
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Super Contributor
Wow, trading in a void at the moment. Just zero support at current levels. Looks like a free fall to 68.
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