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Sanyati seems to be a real value at current prices, would in fact still seem good value if the share was well over 50c. All its subsidaries rebranding into Sanyati, last results, operating profit were up 32%, the one division was up 172%, a decent order book, with more in the pipeline, and profit about half its cap. Why is the market under valuing this share? Is it wind up for a good rally?
At current price not a bad buy. I was looking at SAN but the volumes of trades are very low. Yesterday only 167,550 shares trades for the day. It seems as if the market is not convinced that the current price is a bargain.