General Category > Shares

PPC Cement

(1/2) > >>

jamaadhir:
Hi guys. I went a bit crazy the past few weeks watching the PPC charts. I decided to go crazy and put 55% of my portfolio into it, hoping the news coming out DRC would be good. It has paid off so far. I am not sure at what point to bail. Thinking 3,20.

gcr:
It may have been better to put funds into retail than PPC - the construction industry is going to take maybe years before it fully recovers, also construction normally has a number of subcontractors so there is always the problem of social distancing and any outbreak on site will shut the site down for a minimum of 90 days. I think industry will take at least 2 years to get to a reasonable production level and a return to semi normality. However in the SA market you have the debilitating government to contend with where it is riddled with fools and thieves

jamaadhir:
not a long term investor. I'm looking for quick gains.

gcr:
Be wary of doing this with your own private portfolio - you could be seen as a trader and SARS will bleed you dry

jamaadhir:
What's the better way to do it?

Navigation

[0] Message Index

[#] Next page