Stock Watch [Disclaimer: "by non-registered amateurs"]

Swa

Honorary Master
Joined
May 4, 2012
Messages
31,217
Trading at P/E of 19 and they have 11bn in debt where in 2013 they had nothing?

I think they are overpriced.
First half profit for last year was up by 25% so no, don't think they are really overpriced with how they've been taking market share. This is still due to Zumatello and where it stop nobody knows.
 

theratman

Honorary Master
Joined
Jan 21, 2008
Messages
11,965
AB Inbev R1.9k, another expensive share like naspers.

Was just going over that,crazy price and you'd need to be brave to buy at this point in time.My portfolio is bleeding,down 5% across the board.Some shares are down a whopping 18%.Grrrr.
 

pratlou

Senior Member
Joined
May 2, 2014
Messages
616
Was just going over that,crazy price and you'd need to be brave to buy at this point in time.My portfolio is bleeding,down 5% across the board.Some shares are down a whopping 18%.Grrrr.


Some fund manager's speculate idea of waiting a month before jumping in.
 

theratman

Honorary Master
Joined
Jan 21, 2008
Messages
11,965
Some fund manager's speculate idea of waiting a month before jumping in.

I took a similar approach when mass mart listed,can't remember how long but I didn't hold them long term.Will keep an eye on it but I can't afford shares at close to 2k a pop.
 
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