Stop giving traderman123 a hard time. His posts have been more informative than many of the optimistic diarrhoea that others have trotted out. So far his forecasts have been a lot more spot on. Since I have a 100k invested in this company, I have no pleasure in stating this and I suspect much of the acidic replies his posts receive are simply due to investors wishing he had called it right so far, but wishing he had called it wrong.
Stop giving traderman123 a hard time. His contributions have been informative and a welcome relief from the optimistic diarrhe
Had a trading update on 6th. Feb 2014. Any likelihood of one soon? Anyone read this discussion board?
I have a big investment in DCP and believe they handled the recent strike with great skill and the management team showed again they are on the ball. I am still concerned that the strikers may be back nearer the time of production. however, my bigger immediate concern is the looming energy crisis in SA. already J'Burg is in a state of rolling outages. Anybody got views on this or know of any reason why my concerns are without purpose?
I can tell you now- they won't to back to work in 2014. AMCU have deep pockets and will have a lot of popular local support against a foreign owned mainly white managed company. I've got 35k invested here, so it gives me no great pleasure to prophecy this. GLA.
RE: hmm: don't bet on the SA Government stepping in. The unions in SA today are a bit like the unions were here in the 1970s, PLUS there is an added ingredient where it is almost entirely blacks on strike against mainly white- owned companies. Zumba and his cronies are quite happy to sit back for now and let the unrest fester. With the loss of Mandela, a vital part of the glue holding the country together has sadly gone and there are whispers of a Zimbabwe like scenario further along the line. Don't get me wrong, I think it is potentially a great company and the management have so far done a great job. All I say is let's not discard the fact that industrial unrest is the biggest cloud hanging over this company and the management team have to tread a very canny line. IMHO.