Mukiri wrote:cnn wrote:ngapat wrote:mlennyma wrote:Equity is closing in the gap with hfck so fast,I will not be surprised if equity see's 40 before hfck
That will partly depend on hfck q1 numbers
Those 264 million shares to be created on Friday is the dark cloud for me.
cnn wrote: All out in the last three trading sessions.I will watch from the sidelines as the use of the extra shares is brought to light.It was a hugely profitable journey with HF.
What exactly is your agenda?
My agenda in this market...make money!
HF has done exactly that,i had a portion i intended to hold for the long term,but with no clear direction on the intended use of the extra shares(more than the already issued),i was not going to wait for a potential price fall like would happen if a rights issue came up and there was significant dilution(refer to Kengen and Uchumi),i could be wrong and the dilution insignificant(DTB) or even no rights at all.
Look at what q1 numbers have done to the counter today.If dilution follows on Friday i will see how the market treats HF and make decisions.Everybody have their own way in the market,i chose my significant profits and walked.