Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

Community

Share knowledge. Find answers. Ask questions.

Online Share Trading

Engage and learn about markets and trading online

Whats going on with this Stock?

Reply
Highlighted
Regular Contributor
They release a decent set of results and the price still keeps on falling.......
0 Kudos
4 REPLIES 4
Highlighted
Super Contributor
Sitting on a PE of just under 20, maybe Mr Market thought the results weren't good enough....or then again, maybe too many little kiddies running around screaming LOL.
0 Kudos
Highlighted
Super Contributor
Earnings forecast - haven't checked it - nice earner - and if you bought way back - an acceptable and low risk real return. Close the drawer.
0 Kudos
Highlighted
Super Contributor
had this stock for 17 years.bought at around a rand if I am remembering correct.always paid a div tends to increase every year and still run by founder.been my best investment .I guess there is a premium in market at moment to buy in so it is "expensive" but it has proved to be very reliable so far>certainly not thinking of selling and I guess thatattitude keeps the price high
0 Kudos
Highlighted
Contributor
Vince, Are you bragging or complaining ? What can be wrong with a share that grows 698% in 10years, 338% in 5 years, 42% in one year, 32% since January and paid an annual dividend more than I paid for it(95 cents) some moons ago like Geordie also did?
0 Kudos