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MIGHT be opportunity !

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Super Contributor
I might be wrong, but this might be one of those "once in a lifetime opportunities !".....Investors world-wide are racing to get into the Iranian 5 trillion stock exchange. Starting from scratch is difficult, so now they are looking for shares already represented there....Added to this MTN has over 12 billion Rand in dividends frozen there which it would be able to repatriate if sanctions were finally lifted....I am starting to nibble on the installments and shares....Some would say wait till sanctions are lifted, but then again the largest profits would have already have been made. Only my opinion!
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agree with you. Its a binary event (they either get the money out or they don't). Not sure if Sanctions is the reason though (vs currency controls). Anyways, the point of binary events such as these - the downside is already factored (assuming the market has written this off), so the upside will largely surprise. And you have Iran growth (which must surely follow) to boot
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Super Contributor
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Super Contributor
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Super Contributor
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delta
Occasional Contributor
I believe MTN is currently priced correctly at the moment and if the Iran deal goes through that a bonus. I am actually adding more MTN to my portfolio.
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delta
Occasional Contributor
I believe MTN is currently priced correctly at the moment and if the Iran deal goes through that a bonus. I am actually adding more MTN to my portfolio.
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delta
Occasional Contributor
I believe MTN is currently priced correctly at the moment and if the Iran deal goes through that a bonus. I am actually adding more MTN to my portfolio.
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Super Contributor
Garth MCKenzie of traders corner is shorting MTN.
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Super Contributor
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Super Contributor
I find that surprising when it's so oversold on the daily chart. He also went long KIO two days ago and was probably stopped out today as his stoploss was at 11500. You can't win them all.
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dust
Occasional Contributor
What happen today?
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dust
Occasional Contributor
What happen today?
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Highlighted
Super Contributor
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