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Online Share Trading

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MSM - Massmart

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Mula
Occasional Contributor
Hi, What are the Forum's views on Massmart ? Is it a buy at current level of R76,50 ? Can one expect price to drop much lower ? I am wanting to purchase for a 10 year long term hold. Your comments and views would be appreciated. Thanks
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2 REPLIES 2
Galuc
Super Contributor
I think it is a great share for long term, it has had a good run and I am sorry I missed it. The pullback is probably due to the labour dispute but in hard tims people are more careful where they buy and these stores attract feet.
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SIMBA
Super Contributor
Due to my buisness we purchase from the Builders wharehouse and Makro,every day of the week and they are never quiet. I sold out at R89.00 and will buy back at R70,00 although i fear this will not happen any time soon.Over 10 years you are on a winner......
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