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Online Share Trading

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Northam Platinum - NHM

Reply
Mangrove
Occasional Contributor
Any reason why NHM is not a good buy? Financials look too good to be true unless I'm missing something - quite possible! Rsi is lowish. ???
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1 REPLY 1
geordie1
Super Contributor
Market has never rated this share for reason I do not understand.I bought in at R8 and at that time it was worst rated share in it's sector-it probably still is.I have had good divs,I have taken profit and got more than all my money back and still own a few so I am very pleased with my decision to buy into this.However big money has been made and pe is starting to look a bit demanding-future will depend on price of platinum and as far as I can see that still looks rosy-I will keep what I have but I am not rushing to buy.
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