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Online Share Trading

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Dog --SAL

Reply
spacy
Contributor
During the six months ended 31 December 2006 operations at Sallies failed to achieve budgeted production and as a consequence the company requires re-financing to fund a working capital shortfall This from the SENS. How servere does this affect us. I hope this is not going to be another dog.
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9 REPLIES 9
Russ
Super Contributor
Weak short term,strong long term-OAF(only a feeling).
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ABuzz
Super Contributor
I also think this is just a short term weakness. I have been and still am buying in at current levels. Yes, it will probably be a couple of months before we see it up at the 140 levels again, but i do believe this is still a good company and a good share to hold, albeit now more for the medium term than short term.
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Gold_Guru
Contributor
Is this a buying opportunity?
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Wizard
Super Contributor
For the time being nothing indicates that it's going to turn.
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MehmoodHaffejee
Frequent Contributor
With all due respect, nothing indicated that Wesizwe (WEZ) was going to run either.
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SimonPB
Valued Contributor
so why did wez run?
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Major
Regular Contributor
My feeling is that it was sparked by the recent offers for platinum juniors (Afplats, Eastplats) - WEZ is one of the few tradable indepedants.
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TJB
Contributor
SAL IMO is good for medium - long term. One to four share offer to share holders due to take place in about 6 weks from now and after that IMO u will see an upward swing for SAL. Good buy in time now and with SXR takeover on the cards in the near future and given SXR's movements and future SAL looks very promising in the future.
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Brommie
Frequent Contributor
An SXR takeover on the cards in the near future? Where did you find this info? Why would SXR take over SAL?
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