Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

Knee jerking

Reply
Vypir
Contributor
OK - LDT has passed so one can expect the lower trade, but the dividend was R8.00, why are we now at R13 below LDT? Maybe I should use the discount to acquire some more...
0 Kudos
Reply
20 REPLIES 20
Galuc
Super Contributor
It is flat for the year and 17% down in 6 months, sounds like a lame duck to me.
0 Kudos
Reply
klapka
Super Contributor
One of the most widely held stocks on the JSE a lame duck? We are in trouble!
0 Kudos
Reply
Galuc
Super Contributor
Trade the numbers, not the sentiment, omo.
0 Kudos
Reply
Jughead
Contributor
The worst performing share in my portfolio. It may be time to let go soon.
0 Kudos
Reply
Vypir
Contributor
Just recently acquired them... I have started increasing my holdings as the price dropped. I think it is fair value around R214 and given the PE and fundamentals it should be doing better. It even has an above average Earnings and Dividend yield. Dividends grew over 20% and so did EBITDA. Overall the company has grown, but the share price is today lower than it was a year ago. The fundamentals are good and the long term prospect must be good (I hope)
0 Kudos
Reply
manere_fortis
Frequent Contributor
Ja, previous low of R 200 not far now. Start accum on reversal?
0 Kudos
Reply
AJ_
Contributor
I feel it will hit 19800 before picking up
0 Kudos
Reply
AJ_
Contributor
I feel it will hit 19800 before picking up
0 Kudos
Reply
cabb
Occasional Contributor
Perhaps the future growth potential is limiting the current price.
0 Kudos
Reply
Player_23
Occasional Contributor
Don't forget that MTN has become an oil play - oil down = MTN down
0 Kudos
Reply
Vypir
Contributor
But Oil's going up... Brent's sniffing 60
0 Kudos
Reply
Russ
Super Contributor
Might get an oversold bounce but the chart looks a bit risky. I think that level around 200 is also the neckline of a large head and shoulders so it had better hold.
0 Kudos
Reply
Vypir
Contributor
If it doesn't hold, I'm... ah... going to need some Vaseline :-0
0 Kudos
Reply
Rams
Super Contributor
so down to 185 if 200 does not hold.
0 Kudos
Reply
manere_fortis
Frequent Contributor
sufficient reversal for me on hourly chart, I've taken a small posn
0 Kudos
Reply
manere_fortis
Frequent Contributor
Yeah, Vyper, well done you too, for hanging in there! I did wait for the signal, so in from R203, but still gratifying. I am less convinced about fundamentals than you and may well take profit quite soon, lets see what the action looks like near R 226.
0 Kudos
Reply
manere_fortis
Frequent Contributor
Sorry, Vypir, that I'm such a doffie as not to be able to spell your name
0 Kudos
Reply
manere_fortis
Frequent Contributor
Vypir, I have exited MTN posn (at R 222). Seems to be a bit of indecision, and its just below prev R226 resist. The price may well be going higher still, but this is enough profit for me.
0 Kudos
Reply