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Online Share Trading

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Thoughts?

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G-UNIT
Occasional Contributor
Anybody have any thoughts on investing in Racec over the long-term? heard they had quite a big deal go down last week which sent the share price up to R2.00 i see today that it is now at R1.60? what does this volatility tell us?
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2 REPLIES 2
Not applicable
Guys - Any ideas on RACEC? The infrastructural sector is growing fast and the PE of 8.9 seems low. What you think? Another Raubex? :)
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Bond
Occasional Contributor
I think this share is going to move into positive territory now. It would appear that the worst is out. The area that they are involved in is an area of the construction industry that is expected to grow rapidly (against other sectors of the industry) over the next few years.
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