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Is this a value buy around R165 / R 170?

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Scubadude
Occasional Contributor
Title says it all ... your thoughts?
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3 REPLIES 3
kudu
Occasional Contributor
I'm certainly no pro but I can tell you that I made some good k's on LON since April 09. But then again, if you had the guts to get in during the first two quarters of '09 you would have made money on just about any share. Things are getting tougher now and I think that on the current levels AGL might be a safer medium to long term bet. I do have LON but at a low % of my portfolio and with a longer term view. I also fancy HAR and my personal little system show it's a hotty! In short: for the longer term might buy a bit more at your levels.
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D4rie
Occasional Contributor
I would think that 170 is an good buy zone because that price area has been supported by large volumes in the past and there has been accumulation taking place below that level. Just my thoughts any way, http://www.chartupload.com/viewer.php?file=0u4i9u4ple8nwgnil5.gif
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Theater_Cat
Super Contributor
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