hitchcoxg

CML Coronation Fund looks to be showing signs of support.

hitchcoxg Updated   
JSE:CML   CORONATION FUND MNGRS LD
CML Coronation Fund looks to be showing signs of support despite all the bad news
and SARS issues.
While this is very early days, and the likelihood of the court case appeal win is small, should they succeed, expect the shares to POP.
Will have to wait and see.
Post your thoughts and further analysis.
Regards Graham.
Comment:
Re-Testing R31.5 and trying again.
Most ZA stocks are showing similar re-testing plots.
Probably initial bad politics and load shedding and now some relief is possibly on the horizon.
Comment:
R32 Level seems to be broken now and pushing to R35+
Looking good again!
Comment:
Long Consolidation around R32.
Anyone know when the appeal will be heard?
Comment:
Not disappointed that they have dumped their PGM's.
Coronation warned PGMs represented a value trap for investors.
Their % holding was small they said.
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