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Author Topic: Live chat  (Read 2974422 times)

PlatinumWealth.co.za

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« Reply #5280 on: March 06, 2017, 03:15:09 pm »
Come AXL!
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jaDEB

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« Reply #5281 on: March 06, 2017, 04:13:03 pm »
LON . . . . .wth !! ??
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jaDEB

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NowhereNinja

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« Reply #5282 on: March 07, 2017, 08:48:07 am »
what happened to PCT - Prescient Limited ? 80% drop in a day?
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PlatinumWealth.co.za

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« Reply #5283 on: March 07, 2017, 09:03:40 am »
I am so glad I took profit on lommy and not got back in! That rights issue was gorgeous
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Orca

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Re: Live chat
« Reply #5284 on: March 07, 2017, 10:47:12 am »
PCT went ex divi last week. The huge divi will make up for the drop in share price. (85%)
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NowhereNinja

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Re: Live chat
« Reply #5285 on: March 07, 2017, 10:57:30 am »
Quote from: Orca on March 07, 2017, 10:47:12 am
PCT went ex divi last week. The huge divi will make up for the drop in share price. (85%)

Ok, i'm not shy to say I'm a complete newby to this, what does this mean ? They paying out a big dividend, and this caused their share price to drop that much? so if this was real-life, would you buy more of their shares at that low price? or is this an indication that something is wrong ?
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Orca

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Re: Live chat
« Reply #5286 on: March 07, 2017, 11:14:51 am »
They sold their IT section and had to delist that part. The 22c share price it is at now is fair value and you will get about 85c per share that you have. If their IT sector was unprofitable it will perhaps be good for the co but I cannot make a call on that as I know nothing about the co.
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gcr

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« Reply #5287 on: March 07, 2017, 11:39:14 am »
Quote from: Orca on March 07, 2017, 11:14:51 am
They sold their IT section and had to delist that part. The 22c share price it is at now is fair value and you will get about 85c per share that you have. If their IT sector was unprofitable it will perhaps be good for the co but I cannot make a call on that as I know nothing about the co.
Orca - the Moneyweb article has a different interpretation on what is happening - the IT is staying within the company and it is this segment which constitutes the share pricing of the share. The financial operations (no idea what they are) have been delisted - hence the dividend payout and will be managed out of the public spotlight. What I did find strange is the fact that there is a private shareholding register of the financial leg of the company - not sure if this was made known to all shareholder - could have been restricted to major shareholders
Those holder of these shares may want to read the Moneyweb article
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Moonraker

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« Reply #5288 on: March 07, 2017, 12:12:23 pm »
The South African economy contracted an annualized 0.3 percent on quarter in the three months to December of 2016, compared to an upwardly revised 0.4 percent growth in the previous quarter and missing market consensus of a 0.5 percent expansion.
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Orca

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Re: Live chat
« Reply #5289 on: March 07, 2017, 12:27:47 pm »
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PlatinumWealth.co.za

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« Reply #5290 on: March 07, 2017, 03:31:08 pm »
AXL being such a tease. It wants to go up and then it doesn't.
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jaDEB

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« Reply #5291 on: March 08, 2017, 10:32:17 am »
wHERE is the %$#@ search button.... ohh found it
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jaDEB

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Hamster

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« Reply #5292 on: March 08, 2017, 10:43:54 am »
jaDEB nekkid pics
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jaDEB

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« Reply #5293 on: March 08, 2017, 11:06:15 am »
LOL
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jaDEB

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Hamster

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« Reply #5294 on: March 08, 2017, 07:16:19 pm »
Tapatalk broken for anybody else?
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