General Category > Shares

Esor Franki (ESR)

(1/1)

Shi:
Any views on this one.

Low PE, 50% discount to NAV, making money and things looking on the up.
Institutions selling (too BEE partners), construction out of favour.

Not sure what to make of this one  :question:

AVM:
Would you buy into this?

Orca:
She's determined to reach 1c. Buying this is like gambling and you will loose. Only buy up trending stocks on dips.

gcr:

--- Quote from: Orca on July 03, 2013, 05:21:25 pm ---She's determined to reach 1c. Buying this is like gambling and you will loose. Only buy up trending stocks on dips.

--- End quote ---
There is just too much negative noise around this company to warrant buying up their shares. The Durban viaduct issue has not been resolved and there are stories that the ex Mayor Mike Sucklips had a hand in awarding the contract to Esorfranki. Best leave this share alone until matters settle

Shi:

thanx for the heads up. I also see that they paid a 115K fine in the recent Competition Commission settlement

Navigation

[0] Message Index