The JSE is having a battle with stock going wild on a rocker through movements in the World and South African economy.
South Africa is at least not affected at this stage as much as America and England by the financial troubles of AIG and GM. There South African companies are still showing excellent strengh.
But predictions by Dr David Paul for the November and December are as follows.
The Alsi 40 may drop to 15 000 and that is not a good sign. But hold on to your seatbelts this is the recommended stock to invest in.
Construction stock - I will say yes invest but only from April 2009
Telkom: If the share price goes to R100,it is a buy - I will say yes but growth will be slow.
Bassil Read: 2010 projects Buy on R15.00 and expect a fast increase in price.
Billiton: Turning price R110. - I will say act with caution.
Anglo: Bargain share - Gold must go up and you will benefit from it.
Sasol: Buy and R210 - Still a good investment as soon as oil price rises.
Gold Field: Buy at R55 to R60 per share. Almost there
Implats: Buy at R55. Gold goes up and you can make a lot of cash before mei 2009
Northam: Good alternative gold share.
Reunert: Keep your eye on the share.
Sun International: AT R70 and with the holiday season almost there it will grow in value.
Data Centric: It can double its share value very soon - Always a good share.
Pinnacle: Can go from R260 to R500 in 2 to 3 months - I don't think it is currently possible
Digicore: It is almost at R4. It can go to R10 quite quickly. You can double you money in the next 2 months.
Mr Price: One of the best retail companies for growth. - Keep it for now. While the economy is down people buy there stock but as soon as money is available is might fall in share price.
The comments are given by myself - Sampie Kemp
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