16
Quick question, what happens to the INDI25 and TOP40's inclusion of MTN? do they get rebalanced in the next quarter removing MTN if the shares do not resume trading?
Show Posts
This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.
29
Shares / Re: Sygnia - Could this be the next Coronation?
« on: October 22, 2015, 03:17:16 pm »
Really depends on your horizon, at above 60% premium of its listing price... you can just imagine how it compares to the company's underlying NAV... with its PE apparently around 30... in other words.. the company is priced way more than whats actually worth....
A couple of things can happen, but two things are more likely...
1. the price will stay roughly the same for the next few years while it waits for its earnings to catch up which will drop its PE to something more close to fair value (more or less comparable to its peers)
2. the price will drop....to lower its PE to fair value..
those are thoughts based on fundamentals......but theres a chance the markets wont bother with fundamentals as seen with some other companies... NPN comes to mind..they were crazy expensive at R500, but look where its at now
If you're an investor (holding for longer than 3 years as per SARS) i think Sygnia should go up over time considering it was 20x oversubscribed.. guessing other institutional investors caught onto their visions and values... .but i cant see how its price will go up over the short term.... but then again i'm blind when it comes to the market.
I think if you're able to answer gcr's questions... you should be able to find a clear answer for yourself...
disclaimer: these are my two cents...literally. my background is in emergency care... which is nothing close to finance
With my luck, i'll sell SYG and it'll go up ten fold, or I hold and it pulls an Abil!
A couple of things can happen, but two things are more likely...
1. the price will stay roughly the same for the next few years while it waits for its earnings to catch up which will drop its PE to something more close to fair value (more or less comparable to its peers)
2. the price will drop....to lower its PE to fair value..
those are thoughts based on fundamentals......but theres a chance the markets wont bother with fundamentals as seen with some other companies... NPN comes to mind..they were crazy expensive at R500, but look where its at now
If you're an investor (holding for longer than 3 years as per SARS) i think Sygnia should go up over time considering it was 20x oversubscribed.. guessing other institutional investors caught onto their visions and values... .but i cant see how its price will go up over the short term.... but then again i'm blind when it comes to the market.
I think if you're able to answer gcr's questions... you should be able to find a clear answer for yourself...
disclaimer: these are my two cents...literally. my background is in emergency care... which is nothing close to finance
With my luck, i'll sell SYG and it'll go up ten fold, or I hold and it pulls an Abil! 30
Shares / Re: Peregrine
« on: October 20, 2015, 05:04:58 pm »
Acquisition SENS? for PGR? Howcome i didnt get one in my inbox from my broker........ Can you link it please Mr Orca? or are you referring to the ADI or EOH acquisitions?