GDO (Gold One) - Going South!

[MehmoodHaffejee]

Any idea why Gold One is heading south? It's financials looked good, or am I missing something? Or is the Chinese factor at play here ?

[sponono]

You should never look at a stock in isolation, look at the whole sector and the sister stocks as well.

[#3]

what on this earth makes you think GDO's financials look good? They report huge rise in revenues but a drop in profit - in fact they went from a profit last year to a loss this year - despite the earnings increase. Hardly seems like solid financials to me?

[MehmoodHaffejee]

Thanks. Still new at this. Lessons learnt - paying the school fees.