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Community


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Online Share Trading

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NPN showdown

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sponono
Super Contributor
good numbers and how does the market reward you:3% down. just shows when they rob you they even take your mama's ash in the urn.
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4 REPLIES 4
RisseN
Contributor
Im completely confused by this one. Good results come out and immediatly the share price drops. Why?
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AJT
Super Contributor
Read the article titled, "Naspers warns of hit from higher licensing costs" under the market overview section..
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Mr_Money
Regular Contributor
The good news was already priced in. I expect NPN to reach a target price of four hundred and fifty rands before the end of 2011
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RisseN
Contributor
How is it that the good news re the results were already priced in? I can understand if preliminary or unaudited results were released a few weeks before via sens, but I had a look through NPN sens and I dont see anything that could have indicated good results. Just trying to learn so I know what to look for. Thanks.
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