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Community


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Online Share Trading

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MTN

Reply
Not applicable
With the market now likely to rally with fear at an all time high I think you may just be right. R82 the closing price to watch then.
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Not applicable
and down she goes...
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Robbie
Regular Contributor
Just threw in the dice and added 5 contracts @ closing price. (A friend of mine have a good job in MTN. He said that all their income from outside SA are paid in $$$)
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Not applicable
did anyone else see a large 2 mil volume sell @ market during closing which dissapeared before 5pm? Attempt to aggravate fear?
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MichaelR
Regular Contributor
Somebody is bull*****ting us , I will find out Who?
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Not applicable
pray do tell if you do
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Robbie
Regular Contributor
Yes I did. That Idiot's internet should have jammed before he could cancel. Some big guys are playing games here. How can this company be worth 50% less than a few months ago ? BULL*****T
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Shaun_Siddall
Super Contributor
Its not what the company is worth now. The share price is based on future earnings. at 15 or 13 PE shareholders are expecting good growth if i recall +30% but currently only 15% and no with global recession is any growth likely if so it is probably getting to the right price. Guys must remember the pe is only as good as historic earnings and unless future growth and earnings is certain i would disregard it along with any dividend yeilds.
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