Fear

[sponono]

Fear, fear, fear!!

[SimonPB]

well there is not muh good to say about having to suspend your CEO ..

[kwagga]

Opportunity, opportunity, opportunity

[sponono]

Agree, agree, agree>

[kwagga]

They posted a very good set of results there. Let's hope the company is bigger than the CEO (which I think it is). Very nice gap to be filled.

[prancing_horse]

As usual markets always overreact, I believe occasions like this present buying opportunities. The results show the business is not stuffed, furthermore if the suspension is for the the good of the company the share should move in the opposite direction. Finding the temptation to buy very difficult to resist.

[kwagga]

I already bought this morning. I suspect that gap was created by retail investors if I look at the amount of trades. If it was institutional investors, that would've been a different story.

[prancing_horse]

Bought as well, after all they do produce medicines and I'm sure they have one tat will nurse the share price back to health.

[kwagga]

This share has been on my ten bagger watch list for a while now. This opportunity is greatly appreciated.

[Wino]

Don't want to dampen enthusiasm, but shouldn't these results be of concern despite the headlines? Maybe more to drop then just CEO hassles. RECONCILIATION OF HEADLINE EARNINGS Unaudited 6 months Unaudited 6 months Audited Year ended ended ended 30 June 30 June 31 December 2012 2011 2011 R'000 R'000 R'000 Profit attributable to equity holders of the parent 122 160 190 084 281 961 Adjusted for: (64) 215 Gain on disposals of property, plant and equipment (74) (72) Loss on disposal of joint venture 385 Total tax effects of adjustments 10 (98) Headline earnings 122 160 190 020 282 176 Headline earnings per share (cents) Basic 27,8 42,5 63,1 Diluted 27,5 42,2 62,8

[SimonPB]

The CEO is the same chappie who started the business .. An importantly their major Indian supplier agreement is indformal .. In other words a hand shake, by self same CEO .. Me, I would want the full story first, but tis moot as it not on my shopping list ..

[SimonPB]

Sure, an the buyers are also retail clients ..

[SimonPB]

I don't understand the excitement abt the price .. It back where it was only 2 months ago .. Nobody was all excited then ?? Tis recently bias ..

[Rams]

Simon, which beach were you warming

[kwagga]

Makes a huge difference in who creates your gaps. If the gap was created by retail investors it's lower risk than a gap created by institutional investors that doesn't get tied up in day to day emotional stuff. Doesn't matter who closes it, as long as I'm in for the ride. Already looking better than opening this morning.

[kwagga]

This worked out very nicely. I'm out with a 5.5% profit.

[SimonPB]

Hold on .. You started talking abt ten bigger and now you talking 5% trade .. Think I need more coffee ..

[prancing_horse]

I'm having a cigar with my espresso!!!

[kwagga]

I don't own everything on my watchlists Simon. Wish I did, but it's extensive. The ten bagger watchlist is just that - a watchlist. Some underperformers in there as well.

[kwagga]

Cheers on that.