Wolfs corner

Musings of a novice JSE investor / trader / chartist. Fortune or insolvency - which will it be?
Trading is risky - tweets are not advice.
Views are my own.

[Wolfs corner @CornerWolfs]

A word of caution: investment processes need to have a mechanism for exiting as downside protection. Structural/material changes occur in companies and sectors. The trends of EOH, CIL, Aveng, Steinhoff, Brait, PPC, Nampak, Kumba, Calgro, AGI suggest the bottom can be close to 0.

[Wolfs corner @CornerWolfs]

And a jse suspension . Price action tells a story.

[Wolfs corner @CornerWolfs]

$JSELAB Anyone know anything about the results release date?

[Wolfs corner @CornerWolfs]

Big volume trading at 2c today...for the first time in a while. I wonder what that means when results are expected imminently.

[Wolfs corner @CornerWolfs]

$JSEJBL back into the Mid 50c range. Still no full yr production update. I wonder when the next operational update will come through. Normally they are around every 3 months.

[Wolfs corner @CornerWolfs]

$JSEPPE drifting under R2 again today...after its little bump up.

[Wolfs corner @CornerWolfs]

To the technical chart guru's out there. Is $JSEPPE showing a cup and handle pattern? Target price?

[Wolfs corner @CornerWolfs]

And a close at R2.1

[Wolfs corner @CornerWolfs]

$JSEPPE up from the R1.6 range in June and hitting R2.2 August 17 2026. A good move Purple Group

[Wolfs corner @CornerWolfs]

$JSELAB Labat what are you doing? Delaying a dividend after anouncement does not build credibility. What a SENS!

[Wolfs corner @CornerWolfs]

Tomorrow is the last day to trade to qualify for the Labat (JSE:LAB) dividend. Divi 1c on current 3c share price.

[Wolfs corner @CornerWolfs]

@JuniorBuffett Thats >22 percent of the company changing hands in 5 days... no sens yet

[Wolfs corner @CornerWolfs]

@JuniorBuffett $JSELAB has traded almost 500million shares in the last 5 trading days. 2.2 billion shares in issue excluding the 900 million addition last Friday. Surely that is not yet in play - lockup period.

[Wolfs corner @CornerWolfs]

@JuniorBuffett With the offer block repeatedly jumping to 100 million shares on offer it feels like a big holder getting out. Other views?

[Wolfs corner @CornerWolfs]

@JuniorBuffett And then a slow drift down to 3c again... all those sellers at 3c choosing to forego the 1 c divi

[Wolfs corner @CornerWolfs]

@JuniorBuffett Labat hits 6c!

[Wolfs corner @CornerWolfs]

All of a sudden is seems the sellers of $JSE:RNG have disappeared. Share has doubled this week

[Wolfs corner @CornerWolfs]

@JuniorBuffett Dividends?

[Wolfs corner @CornerWolfs]

@JuniorBuffett @JSE_Invest This was a positive surprise.