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Online Share Trading

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APN

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Preston
Super Contributor
Good company but nothing exciting about the chart. Do not want to be caught holding a high PE stock at this stage. I could be proved so wrong when the results are released.
4 REPLIES 4
manere_fortis
Frequent Contributor
Forward PE in low 20's justified imv. I'm holding in expectation of a good set of results. However if major sell off in EMs then this share will suffer, you are quite right. But if that happens the pain won't be restricted to high PE shares only, there won't be much place to hide.
djw
Regular Contributor
Just be carefull Glaxo is allowed to sell the last of their 6.6% in Sept The last 2 two sell offs have seen massive drops in the share price. 1st was at R165 2nd was R372
Preston
Super Contributor
Bought at R330...
Preston
Super Contributor
Bought at R330...