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

Just added to my portfolio

Reply
Not applicable
I plan to buy in 3 entranchments. Currently its trading at 8 times PE, so i think it has room to slip a bit further. GND likes to revert to the 4-5 PE range. But then again, an 8% drop spells panic and for the long term portfolio, its always good to buy in panic. I will probably get another chance to buy cheaper, so i will only buy a third, but hten again, I could possibly not get another chance!
0 Kudos
3 REPLIES 3
SIMBA
Super Contributor
Both the Suez and Pannama have made record profits the past few months and the only items they sell are shipping passage. If R.S.A. jack up their internal rail system this share will fly.
0 Kudos
Not applicable
Wonder if ash clouds have silver lining in increased shipping. Combatted by strikes. Also bought today.
0 Kudos
manicks
Regular Contributor
Good idea buy in stages. This share may drop further but cant see it going below 13. Betw 13-14 are excellent entry levels
0 Kudos