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Online Share Trading

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What is driving this share?

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Preston
Super Contributor
All i can say is R1800 level ,here we come!!!(LOL)
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13 REPLIES 13
Samir
Super Contributor
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Preston
Super Contributor
Samir please eloborate?
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Samir
Super Contributor
rolling on the floor laughing out loud. rotflol
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Preston
Super Contributor
At least , someone is destressing which is good.
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Samir
Super Contributor
far from destressing. still sitting with IRA that i picked up at R5.50
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Preston
Super Contributor
Dude, this share hit a 12 month high of R5.00 on the 31/7/07. Where did you get the additional 50 cent premium from?
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Samir
Super Contributor
IPO. Investec sweet talked me into it
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Preston
Super Contributor
Depending on the volume you bought , it could a huge decifit for you currently.
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Samir
Super Contributor
huge... not even doing that kinda volume in a day...
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asylum
Super Contributor
Hi Samir i see in one of your posts you were looking at mittal shares what i dont understand is this. The company had relatively good results are paying a massive +- 12 % divi but share price isnt moving. Any ideas?
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Samir
Super Contributor
not a clue asylum. never done analysis previously on mittal. only reason it is catching my attention is the divi.
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geordie1
Super Contributor
Share is fairly static and not reacting to the good news presumably because the bad news outweighs the good ie will they be fined heavily for uncomepetitive behaviour,rumours around that government is keen to introduce competition,their investment programme is starting to get going but that me impact production temporarily-personally I am bullish and a long term holder.
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asylum
Super Contributor
Hi Geordie Lad i dont think goverment stands a chance in my opinion. As for the fine they have made provision for it. I am currently invested in mittal. I deal with them on a daily basis as a supplier and i think long term they are a good bet.Just dont understand why the share is not moving? Mind you the share price has gained 74% for the year so one should not complain.
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