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Online Share Trading

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WHL

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comments?
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15 REPLIES 15
Super Contributor
absa only bought 50% i think woolies wanted someone with experience in the field to run this opertion, if they only sold 50% it tells me that the bussiness model is viable but they dont know how to run it profitably, any thoughts.
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Well, seeing as WHL's accounts receivable and interest income form a large part of their profit, and given the current spate of defaults and interest rate hikes, i can see why they needed to call i the experts.
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Chartist, I don't think the news will cause the price to run back to where you first punted it!
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Super Contributor
I find there reasoning interesting. I am friends with people involved in retail credit and they have always had the veiw that retailers have always had better systems in place to manage risk as almost all there lending is uinsecured were banks almost always have assets to back lending. So much so he was poached and now works at standard bank.
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Super Contributor
ABSA bought the majority of shares. That is what counts here. 50% + 1 share. They own it now!
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Super Contributor
hmm.. still think this one is going to run up, but I was shaken out of my long. Stop was hit early this week.
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Super Contributor
yeah...it did just enough!
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Was waiting for what you had to say Tango. Read any good books lately?
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Super Contributor
Plenty... just no trading books!I'm studying again, so don't get a lot a choice in my reading material at the moment.
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still trying to remember who made those snide comments on my last WHL post
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Super Contributor
WHL has been working on a base for some time now. Lots of signs that it don't want to go lower, but no signs that it is willing to go up. Sure, the gap today is a good sign, but I would still like to see a break out above 1260 before getting interested.
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Frequent Contributor
I think it was me actually.
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Hello Grandmaster....volumes a bit disappointing today...so it was me u were referring to ...I was wondering...
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I have to add that I felt deeply hurt and betrayed...
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Frequent Contributor
You'll get over it.
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