I have been waiting on the sidelines for quite a while trying to wait for the lowest entry into this share. It doesnt seem to be getting any lower, its PE is still a stubborn 27 :-/, does anyone think it would go any lower? I would be comfortable with an entry below R160...unrealistic??
I think it will continue for some time (month or more) in this sideways mode. Looking at the linear regression line I don't think there will be upward movement soon. SPP painfully trapped me recently under similar conditions.