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$JSEEOH For the speculators among us

JSE:EOH   EOH HOLDINGS LTD
This share is starting to form what looks like a channel between 1830 & 2500. A possible buy could be attempted at the 1830 levels, but be warned. This share is in limbo after the recent news of corruption within this company and the spate of director resignations. As is the case with Pinnacle, now called Alivia. This could haunt them for a while. In the meantime most of the bad news could be discounted into the share price. Time will tell.

When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact" - Warren Buffett

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