rizjiji wrote:By the 1st of January 2012 all companies have to conform with the new standards LKAS & SLFRS. This is more inline with IFRS. So subsequently this valuation should be acceptable in SL.
Anyways its funny that even though the company is performing well & is fundamentally strong the share price keeps fluctuating according to the court case verdict. This shows that some of the investors are buying shares for the wrong reasons.
That's obviously true.. This court case is to me is an irrelevant matter for the company performance..Finally it matuaring of tree and the valuations those bring to the books after sales..
ppl dont want to go and see whats the case is about as long as its a court case pending a verdict ppl still fear..I mean , the presence of a court case make ppl fear and panic.. just becuz its a court case..
This is where real investors would jump in and buy the shares.. They can look for 3-12 months period of time to reap the benefits from it or even a lesser period.. Today last minute selling pressure destroyed my chart patterns drastically.. Now it seems like TWOD is another share going down.. But truth is its panic selling