PPC shares

[Hendry]

Hi! Can anyone explain why PPC shares are decreasing continuously for the last 12 months, where every analyst (e.g. bank, property market, economist)is reporting on the excellent develoments in building sector, mining sector, new residential developments and so on. Where ever I go new buildings rises and all uses cement that is supplied by atleast 80% from PPC. Is it because of the PPC BEE projects deal last year, poor management of funds, poor quality developments?

[#2]

I want to know the answer to that myself.

[#3]

PPC should pick up quiet significantly when the results + dividend is announced at the end of Sept. Hang in there.

[platsak]

Fall in demand and infrastructure development for increased capacity.

[Pam_1]

I believe PPC cannot supply in market demand from own production, so they are protecting their market share through importing some cement at a loss. As soon as their new production comes on line their share should reflect an improved better bottom line. Also they are an energy intensive industry and high coal costs will hurt them.

[samoa]

The speculants has left?