Skippy - I hope you squared your position - see comments on Sharetips.co.za on reunert - if thats a correct view and I believe it is - share is trading on a fwd pe of about 8 - that makes it fairly cheap - Interims were great and the chair indicated that real earnings growth in latter half to Sept is expected... that will put earnings in the reigon R 7+. Looking at the technicals too a breakout expected. Unless the whole market crashes I cant see too much downside here and expect at least a pe of 10.....I wont bet the house... you cant force a market..., but the markets punishment for the way the bee deal was structued last year is overdone. Ill back this one from here!! Comments
Some movement at last - my position from before the crash still in the red but a SSF trade at the lows has helped to balance the books somewhat - more legs in the short term - maybe ?? any info from forum welcome.