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ELI

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Super Contributor
Has reached some good support.If it's going to turn it might just be here.
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16 REPLIES 16
Valued Contributor
trend is down, surely wait for the turn and buy on the up ??
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Super Contributor
Good point.I just like the solid support (can put in a tight stop loss),there is a buy divergence on the daily chart,and is over sold on daily and weekly chart.That said,the downtrend might still trump all those cards!
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Super Contributor
Trying to predict the turn only makes your broker richer and you poorer. Why not wait for the turn. Last qtr 2012 it hit resistance at 715. This may now become support. If it dips below 715 then who knows?
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Super Contributor
Ja,then my broker will be richer and I'll be broker.
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Regular Contributor
Ellies is flirting on dangerous ground.
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Mark_A
Occasional Contributor
The share is destined for 600 in the next few weeks
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Super Contributor
Sounds like someone sold out at a big loss.
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stefanb
Contributor
Getting very concerned about this share, but then again, I cannot imagine it to go any lower. Perhaps a buying opportunity? Any opinions
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Frequent Contributor
Still making good money. Share price shot up too quickly on lavish expectations - resting now where it should be.
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Super Contributor
SABC etc tardiness ,with digital TV the cause of delay in implimention caused most problems.It was first supposed to go ahead in 2011,the was put back to 2012 and so on now supposed to be done by 2015.At the beginning ELI with Altech held a virtual monopoly,now not so in supplying boxes and now all new TVs have the apparatus included....It will still gain but at a slower pace.It has diversified and is not so focused now.
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Super Contributor
I now prefer POY.Worth reading up on this company.
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Super Contributor
I see short term resistance coming up at 815.Any other thoughts?
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Valued Contributor
results on Tuesday and I interviewing CEO .. anybody got Q's for him ??
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indium
Contributor
Q1 - Why so much derivative / collar activity with Directors. It seems they spend more time looking at share price than managing the business. Interesting that these were mostely over R10 strike prices. I have no problem with directors hedging something, but not this much. Q2 - the second half earnings growth is markedly down. Why ? Was the 2012 Eskom project revenues a once off and is that why earnings have now slowed. Q3 - Shareholder prefer slow steady growth. I am interested in managments comments ? Have they not tried to hype things up too quickly with Digital TV launches etc etc. Now share price is suffering. Q4 - I like shop within a shop concept stores, so well done on this initiative it is great. Does it make money ?
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Super Contributor
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Highlighted
Super Contributor
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