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Online Share Trading

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Strong Rand

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Fhydvjtfg
Contributor
The strong rand will hurt profit!! large %age of earning denominated in foreign currency. Strong rand will translate into lower earning for the next reporting period. Economic recovery is on its way but not likley to be a strong recovery, im looking for a slow U shape over the next 12 to 18 months. The question is will the new division (power lines and fiber optics) shield/bolster returns enough to offset the effect of the rand and slow down in economic activity. Does any one have any information with regard to and tender activity? Else, i fear a share price slump between 75c - 95c.
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