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Online Share Trading

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Warrants

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theyoungster
Super Contributor
any1 see any good buying oppertunities for warrants. thinking absa is very undervalued...what you guys think??
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7 REPLIES 7
J_d_B
Contributor
Not too sure about the affect of the Woolworths FS purchase... Seems as Woolworths won on that and ABSA took the knock. Great speculation for a warrant.
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Not applicable
stay away from warrants. Warrants = pain and suffering. IMO
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Galuc
Super Contributor
I have to agree with Roman everytime I get pummeled by stocks, I do what I call revenge trading, using warrants, to try and recoup. All I end up doing is digging a deeper pit!! I need some anger management.
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asylum
Super Contributor
jdb absa took the knock! totally disagree on that one they now have 1.6 million customers that they can market to, banks can also raise money at a better rate than retailers, banks debtors books have around 300% gearing as apposed to woolies 75% gearing.
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J_d_B
Contributor
Hi Asylem, I meant in the very very short term. Otherwise I agree with you. What are your ideas on how Absa is going to utilise this purchase and the implication on their general share price?
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J_d_B
Contributor
youngster, have you had a look at this one: SB SAB CA. Asylum, got any thoughts on SAB at the moment?
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dookie
Regular Contributor
Remember.... Value investing is the fine art of buying low and selling lower :-)
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