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Taste holdings

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nish15
New Contributor
Should I keep this share or is it to risky
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8 REPLIES 8
Super Contributor
Interesting at this point and seemingly very cheap. A Rand hedge which benefits from local economic expansion too. Quite unusual in that sense. AND they are a play on the neglected aluminium price which will benefit from a reversal in the sizzlingly hot USD index. "You pays your money and you takes your chances" though.
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Super Contributor
I just notices that thi was about TASTE although you poseted under HLM - HULAMIN. I have no interest in TASTE. I Owned a lot at 50c and thew them out at R1,something - so I am the last one to comment. That said - I felt they were getting too expensive then - so I don't see much to change my mind.
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Super Contributor
If I had taste now I would keep it.From the chart it seems to be recovering.
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Super Contributor
The chart looks pretty lousy to me. Just on a cursory basis, at least. The fins are horrid and the cash demands to roll out Starbucks will lead to a rights issue sooner or later. Still - it is one of only three players in the sector, I suppose... so perhaps that will prop it up.
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Super Contributor
The chart looks pretty lousy to me. Just on a cursory basis, at least. The fins are horrid and the cash demands to roll out Starbucks will lead to a rights issue sooner or later. Still - it is one of only three players in the sector, I suppose... so perhaps that will prop it up.
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Valued Contributor
unless things start going very right they need more cash, another rights issue
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nish15
New Contributor
Thanks guys this def looks like one to relook at on completion of the starbucks roll out or half way thru that to see if the business is sustainable.
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Highlighted
Super Contributor
Think you will have a long wait. The Starbucks roll-out will take years. I am not sure it will roll far, not with taste anyway.
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