I really like this share

[Preston]

My gut feeling is telling me to go big on this share. From a technical point of view i am sitting on the fence, ever so slighty leaning on the bearish side. Any views out there?

[mullet_fish]

This sector very dull and will take years to recover. Very few major infrastructure projects on the go and not too many in the pipe-line. Even with housing, development seems slow?

[topgun]

I suggest that you read through the results announcements of the major construction firms and have a look at recent price action (MUR, AEG, GRF, WBO, BSR)...improving orderbooks secured at better margins, full provision for outstanding competition commission fines as well as problem contracts...the outlook is improving, earnings growth from these levels will be in the mid teens + and forward PE's are fair. CGR may be the sleeper...

[#4]

just a side question to ask, will these guys be able to earn the same kind of returns without colluding?
Are the assumptions by the investors based on prev colluded returns?

[SimonPB]

nah, they got issues .. very old (read expensive) plants from the 70's with Sephaku coming on stream next year (I think) with much lower cost production .. hence the move by PPC into Africa which may or not work but Africa means head to head with Dangote who are also backers in Sephaku

[Blik]

Bronwyn's co-host on Business Tonight, last night, was very bullish on PPC over the next 7 years.....Just cant remember his name at the moment.

[mullet_fish]

These projects are also so painfully slow to implement.... 3 years and still going to build interchange on N2/Durban/Umgeni/Springfield - with all this "slack" in construction why can't additional resources be allocated ...work at night/weekends? The construction co's don't come across as strong enough on these projects and drive the process.

[WES]

Paul Theron ?

[Blik]

Nope the other guest.....

[#10]

LABAT AFRICA FORCAST BEST GROWTH FOR 2015. GET IN ON THIS ONE. THEY EXPECTED TO BUY OVER A BIG COMPANY SOON SHARE PRICE IS ON A BIG INCLINE OVER THE NEXT FEW WEEKS. ENJOY THE RIDE UP.