Friday, February 23, 2007

Telkom - more upside to come

Telkom has reached our target of R173, and has completed a saucer bottom formation. It now points to a medium-term target of R240. Investors continue to hold, traders buy on dips in share price.

Goldfields breakout

Goldfields has been in a decline since July last year, but yesterday it has broken out of a falling wedge pattern, now pointing to a target of R160. Traders buy.

Friday, February 9, 2007

Our sister blog

I have created another blog focused on personal finance, www.myfinance.iblog.co.za. This blog aims to equip people with general personal finance knowledge and news, so that people may achieve financial security and freedom. Please pay a visit, and let me know what else you would like to see on that blog.

South Ocean to list: An interesting prospect

I have read a transcript of Business Day about South Ocean. South Ocean is a cable manufacturing company, and judging by what its financial director and analysts say, it should be a solid investment. That is provided you can get the shares at reasonable price when they list. Click the link below to read the story.

http://transcripts.businessday.co.za/cgi-bin/transcripts/t-showtranscript.pl?1170980125