Trading statement is strong despite The operations dealing with covid risk and 30% lower production . The prices is overshadowing the effect of Covid . If and if prices hold where they are . Sibanye will wipe there Debt and that means there is dividends and further growth . that is why i believe there will be a upward trajectory developing...However you need to...
harmony has seen quite a dip due to the gold price leading the downward projection but now that gold has found a bottom and will start to rise soon we can see the potential for harmony to grow back to its usual high. With the recent positive news that harmony has better financials than anticipated and coupled with their earnings report being released soon, we may...
The recovery of SSW is quite a story and we might miss the potential upside . The current market Cap is just above Impala Platinum ...The fact is SSW are far bigger in size ...so if you consider the prices of metal to remain then this share should have huge upside with potentially wiping out all its debt before year end . I do not think this is far...
Indicators are lining up well, monitor direction channel breaks
Disclaimer: The views provided herein do not constitute financial advice.
Please feel free to comment, critique or add to my view, I welcome feedback, whether it agrees with my views or not.
This idea is based on my strategy, please consider your own before using it in any way. Always use a...
- After breaking support around R138 level, price has comeback strongly and suggests a continued move the other way
- Been quite a wild share to trade but i think it will benefit well with COVID regulations easing the a recovery in the general sector
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Disclaimer: All ideas are my opinion and should not be taken as financial advice.
Just for interests sake, the pattern which followed the March crash seems to be repeating itself. If it completes, there would be the repeat of the X leg still to come. But would surely need a catalyst, and right now that is not the oil price, maybe that changes next week. Otherwise, the last part pattern, the harmonic could just play out and go down to...
There is a 30% gap between these two and this is driven by a SA lockdown.
This can go 2 ways .
The debt level can become a problem and this can go further south .
Or we can get a lift on Alcohol ban never seen in any country before and hence this might be a opportunity that has presented itself with a quick 15% in a short space.
Who knows but this is...
greetings i have seen a beautiful confirmed inverse head and shoulder pattern...plan wait for the market to pull back and test the neckline we can use the previous shoulder as stoploss ....you pay less at clicks