Old Mutual Share Discussion Threads

[azioni2] 14/12/2015 12:47

Glad I took advantage of the silly drop last Friday.

South Africa's president has appointed the experienced Pravin Gordhan as his third finance minister within a week.
He replaces the little-known David van Rooyen who had only been in the job since Thursday.
Last week, President Jacob Zuma sacked previous Finance Minister Nhlanhla Nene in a widely-criticised move that sent the rand to record lows and caused the stock market to tumble.
The developments come amid concern over South Africa's struggling economy.
Mr Gordhan was widely respected when he served as South Africa's finance minister from 2009 until 2014.
BBC Africa business reporter Lerato Mbele says his re-appointment is designed to quell market discontent and restore some confidence.
It appeared to have an immediate effect with the currency rising, recovering from just over 16 rand to the dollar to about 15 by Monday morning, according to currency site xe.com.
The Johannesburg stock exchange also recovered some of last week's losses.

[shamus21] 12/12/2015 13:02

That drop is impressive but it just don`t add up but you get many like it.

[johnsoho] 10/12/2015 14:08

Been monitoring the share price very closely and think the bottom is now in, so just purchased a few.

[danieldruff2] 10/12/2015 14:07

Is this just reacting to the SA economy? Long term this looks extremely well placed to me - virtually all the population growth in the next 100 years will come from Africa.

[cotton886] 10/12/2015 14:00

I think we found the bottom - bounce time?

[smartypants] 10/12/2015 12:31

woo hoo..look at that for a daily chart... who's going to bet against that ??
Fast approaching 3 year low's..why stop there..clearly this company has no value.no mater what numbers it puts out..the market knows best

[tiswas] 10/12/2015 11:08

Do you have a link to the downgrade?

[smartypants] 10/12/2015 10:40

So downgrade came through today but decline was dialed in nearly 2 weeks ago ?

[colonelgrim] 10/12/2015 08:08

You sure you got that target price right Chimp Investor!

Target 140p perhaps!

[colonelgrim] 21/11/2015 07:22

I'll take that as a yes then!

[chinese investor] 20/11/2015 11:10

35p To Go !

Target 240p !

[chinese investor] 19/11/2015 14:19

Interim Dividend 2.65p
Possible Final Dividend 6.85p
Total 9.5p

Yield (200p) 4.75%

[colonelgrim] 13/11/2015 17:34

You bin stopped out Chinese-Chimp-boy?

[r ball] 09/11/2015 19:53

averaging down can be tricky.

Always average up, i find.

[colonelgrim] 09/11/2015 15:44

There you go Chinese Chimp, start averaging down pal!

[colonelgrim] 06/11/2015 22:08

Post 39, “16/06/2015 Bought 203.41p 10,000 £20,341 + Stamp Duty + Commission”

You’ll be able to average down here next week chap!

[r ball] 04/11/2015 12:27

floor to share price £2.10?

[r ball] 04/11/2015 08:44

more sustained.