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Community


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Online Share Trading

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Galuc
Super Contributor
Am I missing something here? The results were ok, me thinks!
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8 REPLIES 8
rsalie
Super Contributor
it's being slaughtered !!
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Not applicable
Also cannot understand whats going on. Unless the market expected better results - but all news looked positive (15% increase HEPS, recent acquisitions etc). Picked up some more at 5.60 yesterday but clearly was a wrong move...
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rsalie
Super Contributor
Too early to say if it was a bad move.
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Vince888
Regular Contributor
They missed forecasts. Earnings increased by 14.5%. Market expected an increase in excess of 20%.
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Vince888
Regular Contributor
I was anticipating at least 24% increase
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Not applicable
True vince - but I still think for the market to punish at this level....hmmm
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Vince888
Regular Contributor
Yeah agree. no share deserves to be punished especially if they grow earnings but for me it is just short-term sentiment and growing earnings at 14.5% doesnt not substantiate the share price level of R6.35
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Vince888
Regular Contributor
Thats Mr Market
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