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Online Share Trading

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this stock was recently upraded with a target price of 29.00 rands but i niticed that selling pressure is very heavy on this .can anybody explain
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3 REPLIES 3
SimonPB
Valued Contributor
the target price is an opinion and can of course be wrong .. it also a 12 month view
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kwagga
Super Contributor
Forget the target price. It's of entertainment value at most. Look at the fundamentals of this company yourself. This share is cheap in my books and offer value, but look at where this share came from after the financial mess - sub R10. I have bought some of this a few days ago, with the hopes of a bounce off support. We'll see how this pans out.
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TheKwok
Occasional Contributor
This one starting to move now, but still offering very good value Check www.relativevaluation.co.za Longer term it is well set up for the European recovery
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