The JSE and finance forum for South Africa
General Category => Shares => Topic started by: Moneypenny on November 11, 2013, 02:34:26 pm
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Any idea why Discovery has joined the undead and moving up abnormally today?
Currently up +2.33% to R82.89 in a lacklustre market.
Apart from Credit Suisse cutting its target price from R82 to R74 (25 Sep ’13), shareholder meeting on 3rd of Dec and a director buying R1.8m since last month, I don’t see any other news of this one.
DSY up +47.1% in past year, -14.3% in past 90 days.
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Do not know much about them, except I am a client :wall:, enough said. My only input would be that Goverment is looking at bringing in Medical aid, and I assume that will not be good for DSY medical aid side. Also if you look at ads, there is a new player in the market, cannot remember who, but is large company. Thus I think it is becoming a more competitive market that what DSY has had the last couple of years.
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:)
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Any idea why Discovery has joined the undead and moving up abnormally today?
Currently up +2.33% to R82.89 in a lacklustre market.
Apart from Credit Suisse cutting its target price from R82 to R74 (25 Sep ’13), shareholder meeting on 3rd of Dec and a director buying R1.8m since last month, I don’t see any other news of this one.
DSY up +47.1% in past year, -14.3% in past 90 days.
I can'tr seem to find a vailid reason for its fall in the last couple of weeks either..... (i understand the dip caused by the worse than expected results end Aug). But I'm not complaining about the climb today - still got a CFD position that has been red for quite a while now.
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I'm undecided on this one.