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Online Share Trading

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71% Loss

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Occasional Contributor
What must I do with my share? Already at a 71% loss!
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10 REPLIES 10
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Super Contributor
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Occasional Contributor
What must we do? Sell and take the loss or hold and hope for better days?
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Valued Contributor
Q is, do yo think they have any better days any time soon ?? certainly I don't
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Super Contributor
Ask yourself weather you would buy Aveng at this price... then act accordingly.
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Super Contributor
whether - not weather - I was checking for rain in Durbs and had a moment.
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Super Contributor
Never sell, Just add to other stocks you feel will perform. AEG will eventually recover.
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Super Contributor
Well have you read the analysts reports and OST 's "collected views" - Its clear this is not an overnight recovery - look at the sector?? - its on life support. Fixing the roof in the rain is what is happening now. A loss happens to us all - knowing why it has happened helps aid in the decision making. HOPE on the other hand is not an investment strategy I have heard said.
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Valued Contributor
quake, will it ?? won't be the first in the sector to hit the wall
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Not applicable
interesting comment made by Piet Viljoen - an good company vs a good investment. They are buying Aspen because it is a good investment, he doesn't think it is a good business. Low price to book value - so it is a NAV play. There is an investment strategy called Piotroski (after a Harvard professor's thesis). It advocates buying low book to market stocks - under certain criteria - Powerstocks replicated the study in SA, and it was the biggest winner by far (although that might have been an anomaly, not sure if it has been replicated).
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Super Contributor
a good thesis topic for local market.
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