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Online Share Trading

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MUR

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Super Contributor
Bought a few yesterday.I think it should have a steady recovery from here.
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10 REPLIES 10
Super Contributor
Hi ecoverRuss,i agree.I notice construction is starting to recover.Even locally in these out lying areas both commercial,industrial and home are a buzz of activity.Seems if compaanies are getting ready for moves early next year.Something I have never seen before is that some builders did not knock off work till this week.They usually close around 15 dec.
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Super Contributor
I am in on this action!
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Super Contributor
Its long term support was tested in the last month and has held.I think it can only go up from here.
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Super Contributor
Talking construction, what about GRF; 37/36 lekker support and BSR 11-70 and AEG still in uptrend? Seems like any one of these bid 4 can be seriously considered. I like GFR.
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Super Contributor
Correction GRF.
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Super Contributor
Holding solid at R38 support. agree it can only go up from here. tried that support an few times and it held. Also,RSA companies are being asked to tender for stadiums on brazil, 1 or two good deals should see the price rise nicely
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My preference is for the smaller construction companies - BSR, Stef Stocks, and maybe even ESR (if they can sort out their costs). My logic is that Aveng, with R30bn in turnover, will have to win a lot of new contracts to increase bottom line sufficiently from these levels in a pool of dwindling opportunity, while BSR only has to win R6bn worth to maintain par earnings. WBHO is probably the one in the middle ground - with by far the best ROCE, and is holding strong relative to the alshare
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Super Contributor
Agree with you on StefStock, expect it to be the best performer in the construction sector this year..
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Super Contributor
#NAME?
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Super Contributor
mur is not shooting the lights out but is at least still in a rising channel.
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