Member Info for LoveLosses

Is a breakout finally coming if it holds above 540p for first time ever?

nm

This stock is becoming flop of the year so far. Lots of jobs Id imagine due to large fast expansion, people leaving when businesses acquired, plugging the role holes no doubt

Sorry Transnet, not Transmat!

DTN - yes but at least its still shipping despite the higher transport costs currently

Well they are currently trucking coal out of SA due to issues with Transmat, so that'll be one figure lower no doubt

https://finance.yahoo.com/news/focus-south-african-coal-miners-090000796.html

https://www.proactiveinvestors.co.uk/companies/news/983852/s4-capital-rally-tails-off-as-citi-highlights-the-risks-983852.html

Any ideas why?

estimated to hit target in 11 months time ;-) I don't take much notice of broker ratings, many shares end up doing something completely different to what they say.

for me, s4 is a good buy at these lvls, but each to their own

never really got that rerating however

Bullet Train (with Brad Pitt)

These brokers targets are typically 12 month windows - not instant!

Another lousy day for S4 overall

pretty depressing saying that though, id rather see 400p!

282p currently - i rest my case - if we go back down to 250p it will be a "double bottom" which might then form a bullish uptrend. i shall add if it heads that far lower again

just have to wait and see how it pans out then - thanks pan on that MSCI update good to know

Reckon its more likely to fall sub 290p - in the accounting woes, quite a few hedge funds and institutions reduced, getting them back again will take time as their confidence needs restoring

Patience patience, keep letting them flush out weak holders

a day of nothingness with the US closed really in terms of Glen

My thoughts are

a) poor share price in current high oil times.
b) poor progress on company expansion/prospects
c) KRG gas cancellation/arbitration - pipeline was meant to go through Turkey if memory serves me correctly

Major Turkish shareholders not happy with all the above?

As you already know, but another article : https://www.thisismoney.co.uk/money/markets/article-10867461/S4-Capital-shakes-accounting-crisis-posts-rising-profits.html

theres always something with genel, but suspect youre right Pangloss