After releasing preliminary results, Barloworld shares have started tanking. Low growth, slack demand and lockdown, all taking it's toll. Next up is the retrenchment of around 2000 staff. It's not looking good. We saw the "kiss goodbye" at the 81.00 level and while the stock has dropped significantly, I don't think the drop is over. I expect a re-test of the January 2016 low of R50.00 to act as support. I'd be looking to get short on any bounce from her ie. R65.00 for a target of 50 bucks robp@unum.co.za