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

LHC, NTC, MDC

Reply
Highlighted
Super Contributor
they really cant rid themselves of the healthcare providers. My LHC is close to triggering a stop loss. Pheww
0 Kudos
Reply
4 REPLIES 4
Highlighted
Frequent Contributor
Hi, did I miss something with the healthcare providers? WHy the drop? I see MDC dropped 6% in one day.
0 Kudos
Reply
Highlighted
Contributor
nobody seems to have an answer to the drop, or at least they are not saying. Normally i would have sold MDC by now but it is my momentum portfolio, I'm 14% down and wondering how much longer i let it go. Technicals still look good but it is below Galuc's 110 so i guess he is off to Perth.
0 Kudos
Reply
Highlighted
Super Contributor
The market does not seem to like MDC's earnings. When the trading update came out you saw heavy volumes and a gap down. The last two days have also shown heavy volumes plus 10% lower.
0 Kudos
Reply
Highlighted
Not applicable
Apparently it's due to the earnings growth slowdown ~ acc. sharenet
0 Kudos
Reply