Labat Africa Ltd (LABJ)

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  • Rob Welman @Rob Welman
    strategic partnership.... awesome....
    Like 2
  • Vishan Maharaj @Vishan Maharaj
    R300mil capital investment just announced.....up we go...hopefully 🤞
    Like 3
  • How do you feel today about Labat Africa Ltd?
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  • Ty Au @Ty Au
    Waiting…. Grrr
    Like 1
    • Rob Welman @Rob Welman
      when are next results due?
      Like 0
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  • Morne Rose @Morne Rose
    According to fibonacci levels, price is reacting to support zone by 768 on weekly time frame. Soon we will maybe see some upward movement :)
    Like 1
  • Ty Au @Ty Au
    Useless stock. Ready to sell and get out of this one. Just need any bit of gain to do so.
    Like 0
  • George Language @George Language
    Cilo Cybin first company to register on JSE today mentioned in news 24. I though LABAT was first???
    Like 0
    • Morne Rose @Morne Rose
      So because of their other businesses, they are not seen solely as a cannabis company.
      Like 0
    • George Language @George Language
      @Morne Rose It makes sense - no pun intended 😜
      Like 0
    • Morne Rose @Morne Rose
      I think with this new company on board it will only work in favor for Labat. They will compliment each other nicely (labat on the retail and research side and cilo cybin on the pharmaceutical side) and maybe all this will lead to legalisation of cannibis in SA or at least easing of restrictions.
      Like 2
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  • Rob Welman @Rob Welman
    interesting sens yesterday
    Like 0
  • James Anderson @James Anderson
    Any1 have price predictions for end of the year
    Like 0
    • Rob Welman @Rob Welman
      all depends on good news....she can run to 70 cents as per the last good news released.....but market dictates, as ong as there are low sellers, the price will stay low
      Like 1
    • Ty Au @Ty Au
      I’d like at least 40 or upwards. Hopefully some good harvest coming up and a big ocerseas contract or somerhing. That would be nice.
      Like 1
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  • Ty Au @Ty Au
    Uplift incoming? Recent news: 46 080 554 new shares issued for cash. The shares were issued at prices ranging from 31.2 cents. to 50 cents per share, being an average of 34.65 cents per shares
    Like 0
  • Morne Rose @Morne Rose
    Beautiful inverse head and shoulders pattern forming on the weekly time frame. If it plays out, can take the price to 70c and maybe even go higher from there. Let's wait for the process of selling loss making fuel businesses to be completed.
    Like 2
  • Ty Au @Ty Au
    The Department of Agriculture, Land Reform and Rural Development estimates that the cannabis industry is worth an estimated R28 billion in South Africa, and could create anywhere between 10,000 – 25,000 jobs across the sector.
    Like 1
    • Rob Welman @Rob Welman
      this had been known for years, j
      Like 0
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  • Ty Au @Ty Au
    Buy
    Like 2
  • Rob Welman @Rob Welman
    its about time for some good news
    Like 2
  • Ty Au @Ty Au
    Huge volume yesterday. What was up?
    Like 0
    • Morne Rose @Morne Rose
      If you read their last announcement, it is said that they expect the process of selling loss making fuel business to be completed by the end of this month, so i think it got something to do with this.
      Like 0
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  • Jurie van Schalkwyk @Jurie van Schalkwyk
    Despite the devastating effects of the Covid-19 pandemic on the South African economy, I think that the company is now well-positioned to benefit from the ‘new economy ’ medicinal and pharmaceutical cannabis.
    Like 1
  • George Madura Varden @George Madura Varden
    need to complete sales of loss making fuel business. Also sales of cannabis must start taking off. next SENS update is crucial
    Like 1
    • Rob Welman @Rob Welman
      @George Madura Varden SENS out wrt sales of fuel business ....this share set to fly in the near future
      Like 0
    • Morne Rose @Morne Rose
      Now is the best time to buy!
      Like 0
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  • Nokubongwa Dlamini @Nokubongwa Dlamini
    Consolidation then next run to R1 xoxo
    Like 3
    • Rekash Priaram @Rekash Priaram
      When is the consolidation happening?
      Like 0
    • Rob Welman @Rob Welman
      @Rekash Priaram You cant issue 23 mil shares in may and then consolidate a few month later
      Like 0
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  • Sureshan Naidoo @Sureshan Naidoo
    profit taking soon
    Like 5
  • James Anderson @James Anderson
    Do you think it will hit R1??
    Like 4
    • Abraham Johannes Heiberg @Abraham Johannes Heiberg
      Not a chance
      Like 0
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  • Rob Welman @Rob Welman
    Its just the good news spike......enjoy the run but be cautious....financials are not that great....this is a good long term share, they finally on the right path
    Like 11
  • Morne Rose @Morne Rose
    Price above the 40 week moving average. If it stays above (support), with the next few candles then get ready for the bull stampede ppl!
    Like 4
    • Rekash Priaram @Rekash Priaram
      I'm ready😎🔥
      Like 0
    • George Madura Varden @George Madura Varden
      yeah R1 soon
      Like 1
    • Jonwes Govender @Jonwes Govender
      Positive Sens update should see it pass the R1 level?
      Like 1
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  • Morne Rose @Morne Rose
    Oops sry! meant Chart Patterns!
    Like 0
  • George Madura Varden @George Madura Varden
    only new earnings will drive price upwards. purchase of new cannabis farm at R11,5 m issuing share at R1 may assit the rally. 1st crop in June as they say.
    Like 5
    • Rekash Priaram @Rekash Priaram
      I couldn't agree more.
      Like 0
    • Morne Rose @Morne Rose
      Chart Patters Never Lie! Up 60% for the day!
      Like 2
    • George Language @George Language
      Love it
      Like 0
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  • Ty Au @Ty Au
    Buy?
    Like 4
  • George Language @George Language
    Not a penny share to make quick bucks. This is my longterm share. Retiring on these dividend in future
    Like 4
    • George Language @George Language
      The decision of not going recreational is a “moral thing” driven by the incompetent CEO. Maybe it’s time the shareholders request for a vote to get him changed
      Like 0
    • George Language @George Language
      Same person that told me one year ago that you can’t buy a million shares for a million bucks on the open share market. 😳
      Like 0
    • George Language @George Language
      Now you can buy a million for 250k. What ever happened to the “book build”? Smee thinks the ship has the wrom capitano
      Like 0
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