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Online Share Trading

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SBK-Going down

Reply
platsak
Super Contributor
My low alerts R92 triggered plus I also received a sell notice from the pay for a punt gang. Looks like it will close way down. To me the results were excellent and I am confused as to the violent drop. To say the least Im watching this one with much interest as it looks like it will be selling for a bargain pice again soon. Or is there other news out there I should know about?
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5 REPLIES 5
shakira
Occasional Contributor
I agree that the results were excellent. I am not too concerned about the price except to say that at these levels I regard it as a good opportunity to add to my portfolio, especially now that i have the cash available from the Chinese deal. I have started buying this share since when it was trading somewhere in the R70 area and I will continue to add to my portfolio when the share is as cheap as it is now and as long as it contiunes to bring our results like these. I will sell it the day when I think the price is too high in comparison to the real value of the share.
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theyoungster
Super Contributor
very confusing im watching this one, large jumps expected here when it starts to move up. omo
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Preston
Super Contributor
Your business model is excellent.
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CAPITALIST_RUNN
Frequent Contributor
The American and European banks have SUB-PRIME but Standard Bank has CONDUITS with a potential exposure of 13 BILLION! I couldn't catch whether it was dollar or rand1 At the presentation the Bank's management also did not elaborate as to what these so-called "CONDUITS" are! COULD THIS BE THE REASON WHY THERE IS A SELL- OFF OF THE SHARES?
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Shaun_Siddall
Super Contributor
Latest results already priced into share. Lower revised targets going into 2008 have negetively effected the share. Tomorrow we will see a nice recovery world wide markets have bounced a bit. Get in early.
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