SHOPRITE

[#1]

hi, fairly new to share trading. can anyone tell me why shp has had such a flattish movement in comparison to the overall upward trend of the alsi over the past few days?? surely there is reasoning behind this.

[saash]

Please don't presume that we are so great that we know the sharecode for every company listed on the JSE .... give us a clue, at least, especially if you expect people to say something in response.

[SimonPB]

they had a green 2008, only 2 top40 stocks did that ..

[#4]

It's a long shot...Shoprite (SHP)ƒºƒºƒa

[saash]

Try that this is not a share that is subject to most of the factors of the rest of the markets, like global credit, currency fluctuations, price of gold, etc. Its a predominantly cash type business, with a target market being an emerging middle class population which is always growing in this country. It didn't collapse during the credit crises because it wasn't much exposed, so don't expect it to jump in leaps and bounds on the recovery thereof either. It sells mosly local product, so its not likely to hissy-fit when the rand weakens or strengthens much either. Nice and steady, low risk, low reward. As long as it beats inflation in the long run. And as Simon says ... lol ... people will always need to buy basic foods, no matter how poor they get.

[#6]

hmmm...understandable. thanx. so basically excellent for the long run, without risking too much.

[kwagga]

I think what Simon is saying is that the share is fully priced, so don't expect it to shoot out the lights in 2009.