Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

Fines Coming!

Reply
Highlighted
New Contributor
Confidential talks means something that shouldn't be public ? can only mean storms ahead
0 Kudos
11 REPLIES 11
Highlighted
Super Contributor
Construction companies - I wouldn't touch them with a flag pole right now.
0 Kudos
Highlighted
Super Contributor
yes, not a nickle?
0 Kudos
Highlighted
Super Contributor
Unfortunately hold SSK & down 20% at the mo. Will just have to wait and see developments. Not a willing seller yet.
0 Kudos
Highlighted
Super Contributor
Do not touch with flag pole, rather hammer in your survey beacons... some attraction should exist to favour certain constr companies. One sometimes speculate how integrated reporting (with "ethics" in mind) should be discounted in the public eye. From now on I will not trust a single word spoken or published by any SSK official.
0 Kudos
Highlighted
Not applicable
Well, so far the cfds bought at the recent lows are paying quite reasonable dividends...with net cash of R55/share, 70% of earnings generated outside of SA and an orderbook that's slowly filling up, that famous Warren Buffett saying comes to mind..
0 Kudos
Highlighted
Valued Contributor
order books no longer inspire me, they are at what ultimate margin ?? all the WC/Gautrain work etc. for MUR has come in at negative margin .. an if you want discount to NAV have a look at AEG
0 Kudos
Highlighted
Not applicable
Check today's SENS...the increased orderbook and workflow are translating into higher earnings once more...so obviously margins are stable at the very least..
0 Kudos
Highlighted
Not applicable
Simon, do you still hold ssk?
0 Kudos
Highlighted
Valued Contributor
no, sold it around r10 .. only construction stock is CGR and that not a pure play ..
portfolio is at http://www.simonbrown.co.za/portfolio/
0 Kudos
Highlighted
Valued Contributor
sure, until things get nasty then they not .. so order books be nice but they not cash in the bank and back in 07 they was almost considered cash in the bank .. but anyways you in CFDs so trading so this all be moot ..
0 Kudos
Highlighted
Contributor
WBH are not only SA based
0 Kudos