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Online Share Trading

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MRF

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GIBB
Occasional Contributor
Any views on the results SENS yesterday evening and what the impact will be on the share price - up or down?
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6 REPLIES 6
platsak
Super Contributor
This share i litteraly wiping me. Thanks RHT.
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DR_1
Super Contributor
any ideas on what is going on here. I bought a packet and was smiling until now. DR
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GIBB
Occasional Contributor
DR - Me too stop loss triggered at 174 - Lost a packet!!!! Think resistance lies at arounf 170, does not help me!!!
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Not applicable
What I can't understand is that the SENS seemed to be good news. Now we have a huge selloff - look at the volume traded already. Well I am still holding on to my shares because the price MUST pick up in the near future. Anyway, somebody(s) is getting into this at a good price!!! OMO
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topgun
Super Contributor
MRF's interimm earnings of 4 cps according to yesterday's SENS announcement is significantly worse than what the market was apparently expecting hence the price drop. full year HEPS of 10cps makes for a 17PE which is not particularly enticing.omo
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platsak
Super Contributor
Seems like its better to leave my money on the table in this case.
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