The old stock market adage of “sell in May and go away”, seems to be ringing true for the JSE as we approach May. The JSE (Top 40 future) is pulling back, testing a crucial support level. If this support level holds, we could see our market run to...
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EOH is trading at a 50% discount to its NAV even after jumping 14% yesterday. Traders who are short and investors who dumped stock to sit on the sidelines, can’t wait and risk a massive rally as its results are released this morning. Investors have dumped this stock market...
On listing day, in September 2014 its share closed 75% higher from the IPO price of R2, the next day saw it close another 28.85% up. Investors clambered for stock in the “new kid on the block” asset manager pushing it higher week after week. After 6-month investors who...