I think rally going to continue come monday on the back of the dows friday close but can,t seem to find anything thats not overbought, maybe exx, bhp, would like to get back in to mittal but seems to have run away but there again i,m usually wrong.So who's buying what need some guidance here?
WEA looks interesting. Although the price was stale for the last week, it's sure to pick up when final results end Oct creeps closer. Some interesting dir dealings. Technically also looking good. MRF going strong. omo
I bought IPL (Imperial) call warrant last week at 17cents, which I believed the underlying share was oversold. Now my warrant is up with 56% profit!!! Watch the space on this share which looks like is overlooked by the traders at the moment.
How so? Due to the adjusted earnings regarding Capitec and PSG Konsult etc etc...? Or due to a valuation? If it's the latter then surely that is a good thing? If it is intrinsicly at PE of 12 but the market is at 5, then there's huge upside in order to reach the PE of 12? But all that said, I like the management of this one... Jannie Mouton, Christo Wiese. These guys don't stuff around. The CEO of SHF holds more stock in PSG than he does in SHF! And it's based in Stellenbosch... wine, vineyards and the mountains... would more does a company need to do well!