PLA pacific lime and cement limited
Add to My Watchlist 1.89% ! 27.0¢

south africa is now high risk as is pla

  1. xerxes_ph
    9,081 Posts.
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    17/02/11
    15:24
    Post #: 7908841
    I don't like the political atmosphere in S.A. nor the problems with the workforce and the "RedPath" legacy.

    Time to "spit the dummy" ... absorb a small loss ... and avoid a bigger loss on this company.

    Unfortunately, I see it headed lower.

    Smokey Hills has been plagued by problems and a resolution does not appear likely any time soon.

    No more S.A. companies for me .... unless there is a major political resolution ... and that is highly improbable in the medium to long term.
    PLA Price at posting: 70.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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