1141
i have been rather negative with CML as of late as she has given me 0% over the past year but things may have changed. Here in Europe, the market analysts have targeted Emerging Markets as the "Money to be in" compared to developed markets. This has been big on Business News here from last week.
Perhaps this is why CML has "revived" as more foreign investments are expected to pour into the bulging Coronation purse.
Over full in my view as they cannot do acquisitions but have to negotiate Off Market share buying as buying R1Billion On market is just impossible.
Here is a chart of CML. The short term chart shows lower lows and lower highs that put her into her down trend. Note that this chart has "weekly candles" and not the daily so it is more for longer term. Seems like she has to get to R120 soon.
Perhaps this is why CML has "revived" as more foreign investments are expected to pour into the bulging Coronation purse.
Over full in my view as they cannot do acquisitions but have to negotiate Off Market share buying as buying R1Billion On market is just impossible.
Here is a chart of CML. The short term chart shows lower lows and lower highs that put her into her down trend. Note that this chart has "weekly candles" and not the daily so it is more for longer term. Seems like she has to get to R120 soon.