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Online Share Trading

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Picking up steam!!! choo choo

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Not applicable
Sanyati so far has a volume over 6.4 million trades @ 60c, This share is way undervalued at the moment as the NAV per share is 61c... Commodity confidence is gaining throughout the world and I believe that this is a great share to get into at these current prices. I got in at 57c and see that there has been a firm support level established and even if we missed that boat we would happily get into the stock at 63 even 70.. Easy profits guys! Technicals are superb and earnings were also very good.
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6 REPLIES 6
Not applicable
I bought this one last week purely on the fact that in the area where I live in Durban they are doing major repair/replacements of all the pipes or something (All I know is they are digging up all the roads and then filling them back in again?) but all wearing Sanyati vests... They must be making a killing from municipal contracts at the moment...
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Not applicable
Moneyweb has NAV at about R1,98 not 61 cents. There is a lot of up to come in this company...
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SimonPB
Valued Contributor
possibly different NAV's .. the lower is generally the tangible which is more real as it strips out things like good will ..
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Not applicable
There is no way the NAV is at 61c even if you take off goodwill etc...more like 140c.
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SimonPB
Valued Contributor
their results released in May put Tangible NAV at 68.65c and NAV at 198.71 ..
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Alias_M
Occasional Contributor
Hi, Just for those that are not experienced, the Nett Asset Value of a share is in Standard Online, to access: Select the share / then select Director's dealing / then see right margin and click Ratio Analysis right at the bottom. What comes up is a complete ratio analysis headed: "PER SHARE/UNIT STATISTICS", the first stat., is NAV p.s.(per share) and for Sanyati it shows 198.71c (Circa R1-99c.) This is the easiest way to find NAV. Regards. Alias M
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