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buy price

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Trav
Occasional Contributor
What would you say (for a long term approach) would be an acceptable buy price of the share? I believe it is a good stock, but now to determine an appropriate buy price.
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26 REPLIES 26
Super Contributor
Do some research on AEL - specifically with a view to the value ascribed to the underlying "BYTES" business which was taken private by ALTRON a few years back. This will give you a new perspective on the pricing of EOH. Personally I would rather take my chances playing the recovery (possibly) in this thing (and I have/am) and keep my investment capital for typical investment grade companies; which EOH is not! IMHO.
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Super Contributor
to me its a buy at R160 - R162, with a target of R180.
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Trav
Occasional Contributor
Thanks "Threshold". Will take a look.
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Super Contributor
I wouldn't start looking to buy when it's so overbought. Wait for a pullback.
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Trav
Occasional Contributor
Thanks Russ, agreed.
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Super Contributor
are u looking at the price now?
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Trav
Occasional Contributor
Gone up over 2% today, but think I will wait till the drawback. What you think?
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Regular Contributor
Wait for LDT date
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Super Contributor
It's a momentum play right now. The problem is that when these shares turn they can drop quite fast.Have a look at wbo for example. Had a great run but has gone from 170 to 152 in one week.
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Super Contributor
is Trava a long term guy or swing trader?
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Super Contributor
is Trava a long term guy or swing trader?
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Trav
Occasional Contributor
Would look to retain 35% growth. Whether short or long term. I'm patient
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Super Contributor
do you buy CFDs?
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Super Contributor
Speaking of long term, I like bil and agl.
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Super Contributor
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Super Contributor
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Super Contributor
hope u are still watching.
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Highlighted
Super Contributor
yes. just waiting for one day confirmation which i think today is.
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Super Contributor
win some, lose some.
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