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WHY THE SUDDEN DROP?

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Jason_1
Contributor
Anybody know something?
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17 REPLIES 17
Preston
Super Contributor
Jason ,not to sure. But if i were to guess, possibly profit taking.One day these guys will get burn't.
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Jason_1
Contributor
what do you mean by these guys will get burnt? People who own TKG or the guys profit taking? What do you think of TKG
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Preston
Super Contributor
Good upside potential expected. Reference is made to guy taking profits.
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Russ
Super Contributor
It was too sudden.Maybe something to do with the talks with Vodafone and MTN that hasn't come out yet (or just a rumour?)
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masterblaster
Contributor
reason is that vodafone does not want to buy all of 50% of tkg stake in vodacom.
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Not applicable
TKGDBV looks tempting , I will pocket some over the next three trading days. I am anticipating the dow next week to be in the red.
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On the upside though if vodafone does buy a big chunk of the 50% the shareholders could expect a fat special dividend. Also talk of Telkom and MTN joining forces which would make for a pretty powerfull company.
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Preston
Super Contributor
TZ.. The time period for any finalisation could go beyond 6 month. What is interesting is to look at Telkom (interim) financial statement and there is a little item in the balance sheet that could give some indication of its future plans. "Non current Asset held for sale"
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DEP
Super Contributor
Another 1% drop today... it getting at pre MTN/VODAFONE anouncement price. R174.00. Where to from here?
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Sold [email protected] [email protected] Bought a big chunk [email protected] wish me luck, DB matrix is online(very large spread-BOTH WAYS) and if the guys fall asleep you can give them a wakeup call, I like that. Simon your intra-day tech analysis on TKG only came through the email at 12h21 is it available sooner or was it releaed about that time?
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SimonPB
Valued Contributor
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Has anyone noticed the messages are out of sequence on this thread?
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It happens when u reply to a message like in this case
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now reply to this message
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