definition of a bubble

[#1]

A company with a PE of 30, reports declining revenues, a marginal 1% EBITDA gain and a gain in SA terms of 20% thanks to currency translation shoots up 3% to new all time highs. Go figure? Even the SA rand gains don't justify the PE. Ridiculous !

[fakeseq]

I think its rumours of AB InBev acquiring SAB. Unlikely in my opinion.

[#3]

its all a bubble, like TigerBrands writing off R850mil and the share price goes up 4% that day.

If you delve a bit deeper into the fundamentals of whats going on youll see copy/paste 2008 crisis, just replace toxic properties with toxic shares. Instead of lending stimulus money out it simply went into the stock market.