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Online Share Trading

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Vince888
Regular Contributor
Cml is starting to look attractive again. Waiting for the bottom of bear trend. Really took a hammering this year but i think it offers opportunity to add more. Any thoughts?
5 REPLIES 5
leoridge
Contributor
Yes, big seller's still active , wait for end of commodity bear cycle.
Not applicable
hard to put a value on these guys. I still think they are performing well, but their growth is somewhat constrained by their size now, I think. I am still up 150% with them, but at one point I was up 200%. So - quite a bit lost in the interim. But at these levels, I think the price point is an overreaction. I will hold, but my Peregrine position has totally outperformed CML over a much smaller timeframe - loving the CML dividends though - so another good reason to pick up stock from here. At this level, and with this Dividend Yield, CML is a better option than REIT's, IMO.
MJBjhb
New Contributor
To me it looks like they will drop down to 4990c per share or that vicinity.
Preston
Super Contributor
I will be a buyer at R115.20
partridge
Super Contributor
Always a proxy for the market...not a bad yield - but likely to see a flat earnings year for the reason given. This has price implications Financials like Investec ( now that they have stopped buying idiot businesses at the wrong point in the cycle) look good to me.