Quite im­pres­sive

Finweek English Edition - - MARKETPLACE -

Ansys put out a very strong trad­ing up­date with head­line earn­ings per share ex­pected to be more than 100% higher at be­tween 13.5c to 15.5c. This stock is un­known to al­most ev­ery­body. As a re­sult the liq­uid­ity re­mains al­most nil with the oc­ca­sional day above R1m, but mostly a few hun­dred thou­sand rand chang­ing hands. This re­sults in a wide bid/ of­fer spread and makes en­ter­ing hard. Ex­it­ing, es­pe­cially if things go wrong, be­comes ex­tremely hard. So as is gen­er­ally the case I stay away from th­ese very small, very illiq­uid stocks. If you’re buy­ing them, you pretty much be­come a very con­fi­dent and very longterm in­vestor with your cap­i­tal trapped un­til it goes bust or hits the big time.

If you’re buy­ing them, you pretty much be­come a very con­fi­dent and very long-term in­vestor with your cap­i­tal trapped un­til it goes bust or hits the big time.

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