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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!
8 REPLIES 8
rsalie
Super Contributor
it's being slaughtered !!
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...
rsalie
Super Contributor
Too early to say if it was a bad move.
Vince888
Regular Contributor
They missed forecasts. Earnings increased by 14.5%. Market expected an increase in excess of 20%.
Vince888
Regular Contributor
I was anticipating at least 24% increase
Not applicable
True vince - but I still think for the market to punish at this level....hmmm
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
Vince888
Regular Contributor
Thats Mr Market