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Online Share Trading

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anyone tracking this share

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Rodgerz
Contributor
could someone share some light on this share
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8 REPLIES 8
THRESHOLD
Super Contributor
A real Rag Bag. Morphing into more of a SERVICE BUSINESS. Took a lot at 60c. Looks extemely cheap and nicely diversified. My kind of punt. They took control of JHI recently and sold some small businesses supplying pick n pay and the rest with bric 'a brac for R50 million - to settle debt. Control most of the outsourced parking business in SA. Corporate cleaning, LEVINGERS retail cleaners. Suppliers to the food interest .Commodity trading division. Decent scale logistics and warehousing business -VITAL. Too much going on to really discuss here. Visit their website to learn more and google press releases.
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THRESHOLD
Super Contributor
It is interesting that someone threw some out 100000 at 31c today. They are trading at 90c. Saw the same price action in a number of micro caps recently - PSV, IRA, KDV... Looks very suspect (and I generally detest conspiracy theory.)
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no_money
Contributor
Agree, 600 000 PSV shares sold at 5c, 70% below market. No Sens, what is the scheme if conspiracy theory is valid, losing money high-speed?
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Russ
Super Contributor
With exl 4 transactions went through at 9h01.Maybe someone (fool) sold 220000 shares "at market" and they went through at different prices?If so,lucky buyers at 31.
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Rodgerz
Contributor
seems like it...that must hurt
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SimonPB
Valued Contributor
yip, and then the next 2 trades is them selling them at 90c at picking up at 31c ..
0 Kudos
THRESHOLD
Super Contributor
Just a quick raid on microcaps - if you can trigger a deluge - you should clean up. I am left with 700 000 EXL- so if I could engineer a 50c average drop to accumualte this position - I could save a quick R350 OOO.
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Wizard
Super Contributor
daaaamn....60k made just like that!!!
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