The JSE and finance forum for South Africa
General Category => Shares => Topic started by: Bluebull2007 on July 08, 2013, 03:45:08 am
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Guys watch this one.
They pretty much have world monopoly on drilling out large diameter holes on mines. They are good at what they do and have cutting edge R&D (excuse the pun :D )
Most of their income comes from offshore (40% in South America) so its a nice hedge against the Rand as well.
They have already issued a profit warning, I think its going to be a winner. :TU:
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This one has become very cheap, definitely a bargain down here, and somewhat of a rand hedge