ADR just dropped 9% today, is this a chance to grab some at a lower price or should I wait to see what happens next week?
Adcorp Holdings Limited
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Just bought some ADR at R635 because it jumped 4.10% today and I'm hoping it keeps going up for my kids' school fund, is that smart or am I being silly?
ADR breaking above that R610 resistance on solid volume today, now testing the 4.10% pop. If it holds above R630 into close, we could be looking at a run towards the R680 level where it topped back in March.
Everyone panicking about ADR dropping 14% today but honestly the fundamentals haven't changed, this looks like a buying chance if you believe in the company long term. All this selling might be noise rather than real trouble.
ADR's 4.34% pop to R625 catches my eye, but I need to dig into whether the dividend cover remains above my 2x threshold before getting excited about the move.
ADR up 2.73% to R565 on decent volume — but this thing's been a range-bound nightmare, so I'm staying put until it breaks R600 convincingly.
ADR down 4.85% to R549 today but this recruitment play still faces structural headwinds—staffing demand cycles tied to economic growth mean we're probably not past the worst. Recovery here hinges on whether SA actually gets its act together on load shedding and business confidenc
ADR at R549 down 4.85% feels like panic selling on a temp headwind. Recruitment cycle disruptions are cyclical, not structural — this pullback creates a decent entry for those with conviction.
Adcorp at R549 down 5% today, but the real issue is whether they can actually fix their staffing division margins—been bleeding cash for quarters now. If they don't show improvement in the next two reporting cycles, this could drift lower still.
Adcorp at R570 is still nursing structural headwinds in SA's recruitment market, but if they can stabilise margins and actually convert some of those IT staffing opportunities, there's a decent rebound sitting here. The -1.38% today is just noise when you're dealing with a compan