reinet

[boerin]

What about reinet, can we buy or not?

[kwagga]

Nothing prevents you from buying Reinet. It's an investment company, so for one, you're going to have to buy long term to realize profit. They are sitting on a cash pile that they still need to invest, and for the management of the investment, they will charge you a management fee, coming from the proceeds of the investments. Much like Ventech some years ago, profit is only realized when some portion of the investment is part of a buyout - in Ventech's case the selling of the % stake in Vodacom. They could make some very sound investments in the current economic conditions as some assets are very cheap at the moment, but don't expect any fireworks soon.

[Mr_S]

i have full confidence in this company, and i expect it to be the star in my long term porfolio. one of my favourites. im buying n buying n buying!