Jump to content


  • Content Count

  • Joined

  • Last visited

  • Days Won


Red88 last won the day on April 1 2019

Red88 had the most liked content!

Community Reputation

5 Neutral

1 Follower

About Red88

  • Rank
    Junior Member

Recent Profile Visitors

451 profile views
  1. Seems to be steady at 27. Been up to 29 but this is the first time I have been in the green with this share at 27. Patience pays...sometimes.
  2. Up to 27 today but no announcement yet. There is more buying activity so something is happening.
  3. Seems to be maintaining in the band 20 to 24 cents. Waiting on the next announcement on the offers/proposals.
  4. Trading around 20c. Was 5c a few days ago. A take-over or cash injection is in the offing. Traded over R0.5m today. PEMBURY LIFESTYLE GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 2013/205899/06) (?the Company?) ISIN Code: ZAE000222949 JSE Code: PEM CAUTIONARY ANNOUNCEMENT Shareholders are advised that the Company has received two formal offers for an equity investment to fund the growth and expansion aspirations of the Company, and/or a convertible loan both containing a commitment to raise additional property funding (?the Offers?). The Company has also been approached by a number of other parties with whom discussions are in different stages. The board of directors will consider the Offers in the following week, after which a further announcement will be made. The outcome of the aforementioned Offers and/or discussions may have a material effect on the price of the Company?s securities. Accordingly, shareholders are advised to exercise caution when dealing in the Company?s securities until a further announcement is made. Johannesburg 19 July 2019
  5. Something is happening. Seems like patience may be rewarded.
  6. Red88


    A "BUY" at this point. At 300c per share a bargain. If a stable majority government comes into power this share should move up.
  7. Results are out. Bought a few more as it appears to be positive.
  8. The education system seems to be going through changes. There is a trend towards home schooling and small colleges in some sectors of the community, away from the formal uniform wearing "conventional" schools. Teacher education is in a bad shape and the quality of teachers seems to be deteriorating. The discipline in the conventional schools is going from bad to worse. Yes the private school system is facing an uncertain future but it seems to be a better bet than the state schools and even the old model "C" schools which are going the same way as the majority. Affordability of the private schools is a problem especially in the light of the current low economic activity prevalent in the country. Pembury claim to be more affordable than the groups mentioned above. As far as retirement homes are concerned I have noticed a trend for emigrated children to arrange for their aged parents to join them overseas thus reducing the pool of tenants for these homes. Time will tell what happens to this share.
  9. Am holding on and will do so until the position becomes clearer. Share is in a good market area, education and retirement villages. Downside is the conduct of management. Volumes of shares are being traded at very low prices. As is often the case it may be that someone knows what is going on and is taking advantage of the low share price. Have to see what the annual results reveal but I still think that it will pay off in the long term. Now is the time is to buy if you are confident in the future of the group.
  10. Not too much negativity so far and some trading interest although movement at the low current value gives large percentage swings . Seems like the plunge to 1c is not on the cards at present. Some good news regarding acquisitions will help to spur an upward climb in the new year. Too early to call so I am holding on at the moment - not buying or selling.
  11. Red88


    An upturn in the industrial sector next year should precipitate a further upward movement of the share price. AM has been strengthened financially by the sale of the interest in Macsteel and should be in a position to take advantage of an increase in local demand for steel products.
  12. Thanks SB45. Like YoungInvestor, I am in this for the long term. If it did drop further I would have bought some more. As long as the business is a going concern there is a strong likelihood of a steady growth. Next year should be telling.
  13. Very little trading. Price unchanged.
  14. Red88


    Sale of Macsteel interest confirmed today. Shares reacted positively.
  • Create New...