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Sober
#11 Posted : Tuesday, July 01, 2008 8:10:00 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
buy now and sell after 2 years. i mean after the results of the world cup are factored in in their balance sheet

The real measure of wealth is how much you'd be worth if you lost all your money.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
g-lo
#12 Posted : Tuesday, July 01, 2008 11:12:00 PM
Rank: Member

Joined: 9/7/2006
Posts: 1
It seems that this cup might not be played in SA if they fail to put their house in order. I wonder how the story below might affect this share:-


There is a Plan B for 2010 World Cup,admits Blatter
2 days ago

VIENNA (AFP) &mdash; FIFA President Sepp Blatter admits he has a Plan B organised should South Africa be unable to host the 2010 World Cup - but it will only be used if a disaster makes holding the tournament impossible there.

Blatter gave a press conference before Sunday's Euro 2008 final between Germany and Spain here at Vienna's Ernst Happel Stadium and said the tournament would only be taken away from South Africa in dire circumstances.

'I would be quite negligent as president if I did not have a Plan B tucked away at the back of a drawer,' said Blatter.

'But only a natural disaster would make it active,' he added pushing aside doubts over security and possible delays over construction of the stadiums.

Safety is a major concern for the tournament in South Africa where there are dozens of murders every day.

And a recent wave of violence against foreigners there has done nothing to ease fears.

FIFA will give 150,000 free World Cup tickets to South African football fans,with unemployment running at 40 percent and the average wage is 700 euros per month.

But next year's Confederations Cup,from June 14-28 2009,will be a big test for South Africa in the traditional warm-up before the World Cup is held there a year later.

'If we had to activate the Plan B,we would do it after the Confederations Cup,' said Blatter.

He added the cup will be used by FIFA to test the idea of using six officials at each the game,including a referee assigned to each penalty area to help control the game.

'It would be interesting on a psychological level,because the players would know they are being observed in the penalty area,' said Blatter.

'We will test this idea next year.'

But Blatter batted off any suggestions of a video referee to give his verdict on key situations in a game,or the idea of having a micro-chip to confirm whether a goal had been scored,saying the ideas had been 'suspended'.



VituVingiSana
#13 Posted : Wednesday, July 02, 2008 8:43:00 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Well,the statement by FIFA will put pressure on the SA govt to increase spending on construction in the country.

Plus the pressure to provide additional housing and retail remains in the poorer suburbs of SA.

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#14 Posted : Wednesday, July 02, 2008 8:57:00 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
4.5% is not bad for a stock that is generally quiet. Are there any folks with technical trading skills out there who can give us a read on the price movements?

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
slykat
#15 Posted : Wednesday, May 20, 2009 7:19:00 AM
Rank: Member

Joined: 2/20/2007
Posts: 359
@All,

Fast forwar the posts here to May 09. what do u think? can we expect a bonus or a 20cts each or both?

When buying shares,ask yourself,would you buy the whole company?
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