Labat Africa Ltd (LABJ)

12 -1 (-7.69%)
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100
  • Rob Welman @Rob Welman
    The company to jump onto when the list is cilo cybin
    Like 1
    • Rustum Noor @Rustum Noor
      already signed up for the IPO alert. exciting times.
      Like 0
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  • Sithembile Mkhize @Sithembile Mkhize
    Cannabis win: Changes South Africa’s proposed cannabis laws have been tabled in parliament, which will enable the government to push ahead with its plan to establish a new industrial sector valued at R28 billion a year. Lawmakers hope to pass the amendments to the Cannabis for Private Purposes bill by the end of April. The move follows an announcement by President Cyril Ramaphosa in the latest State of the Nation address that the government was ready to push toward the legalisation and regulation of the commercial cannabis industry, which he said could create 130,000 jobs. [Mail&Guardian] posted 8 hours ago
    Like 1
    • Morne Rose @Morne Rose
      @Sithembile Mkhize Exciting times as the technicals supports this!
      Like 0
    • Rob Welman @Rob Welman
      Unfortunately market did not respond to this and thus share priced still in the dumps, only thing now that will move share price north, is a seriously positive balance sheet, and possible div declarations.....Labats track history is not brilliant and just because the in the cannabis field does not make the automatically business savvy....takes much more to run a business than just to be a participant in a certain field......
      Like 3
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  • How do you feel today about Labat Africa Ltd?
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  • Morne Rose @Morne Rose
    There is alot of uncertainty on how far russia sanctions will go and Also, the Fed rate hike in this month. So mabe the ship is still docking, because the sea out there is rough. Also, we dont want to take off too fast as we saw what happened to the Titanic!
    Like 1
  • Morne Rose @Morne Rose
    Best thing to do is the load the  boat!
    Like 0
  • Morne Rose @Morne Rose
    Chart pattern don't lie, just wait and see :)
    Like 0
  • Rob Welman @Rob Welman
    No berthing crew to unmoor the ship, port on strike
    Like 0
  • Vishan Maharaj @Vishan Maharaj
    they still sampling the cargo🤣🚬
    Like 0
  • Rob Welman @Rob Welman
    Hey More, ship stuck at dock....lol
    Like 0
  • Morne Rose @Morne Rose
    Get ready people!!! This ship has fixed its engine problems :) Its about to sail into uncharted waters :)
    Like 0
    • Rob Welman @Rob Welman
      we can only but hope it does..... however I think market wants to see good figures with possible dividend payout before we see it climb....we all got suckered with NUT....so market may be cautious with companies dealing in. the herb
      Like 0
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  • Vishan Maharaj @Vishan Maharaj
    Sens out - 80% acquisition of medicinal cannabis business in Eastern cape
    Like 2
  • Morne Rose @Morne Rose
    Now will be the opportune time to load the boat! :)
    Like 2
  • Morne Rose @Morne Rose
    Lol it might seems so, but chart patterns Never lie!
    Like 1
  • Rob Welman @Rob Welman
    looks like this ship has engine problems....lol
    Like 0
  • Morne Rose @Morne Rose
    According to chart patterns, this ship is about to take off!!!
    Like 2
  • Rob Welman @Rob Welman
    all we need now is a positive sens from labat
    Like 0
  • Morne Rose @Morne Rose
    Gap on the daily chart at 24c is closed. President announced cannabis and hemp to be industrialized, as well as regulatory framework to be eased. This ship is about to tread on deep horizons. :)
    Like 3
  • Rob Welman @Rob Welman
    wonder how the sona speach will impact on the share price now...
    Like 4
  • Morne Rose @Morne Rose
    On the daily chart, needs to just close the gap on 24c then things will turn around.
    Like 1
  • Rob Welman @Rob Welman
    nice article done in the cannabis market in sa and labats future....just wish nut would catch a wake up
    Like 0
  • Ty Au @Ty Au
    Long-overdue lift, finally, yet not to its full potential. Dont understand why 38 isn’t the bottom. I.e: How it can be lower now than previous years consiteding it hasnte ever been in such good/promising shape. Weird.
    Like 0
    • Ty Au @Ty Au
      *considering
      Like 0
    • Rob Welman @Rob Welman
      think market is waiting for good results and possible div declaration before we see a sharp spike.....the current slow, an steady as she go , rise is good, sets a good base for lift off
      Like 2
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  • Morne Rose @Morne Rose
    Ja this year is going to be a great year for Labat according to Technical and Fundamental Analysis! :)
    Like 2
  • George Language @George Language
    I don’t know about you, but I feel good. Just bought 700000 more on my profile. Think it’s time for the beautiful LAB to pop. Maybe another month or two, but this trade made me feel good
    Like 1
  • Rob Welman @Rob Welman
    any forecast for share price movement....come on Mr Wick, polish up that crystal ball...lol
    Like 0
  • Morne Rose @Morne Rose
    Promising trading statement!!!
    Like 1
  • Morne Rose @Morne Rose
    Expected improvement on HLSP for this year! 😃
    Like 1

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