Rhodium up and Share buyback announced
SIBANYE-Stillwater has unveiled a share buy-back programme equal to 5% of its issued share capital and worth a total of just under R10bn at the current price of the company – up 12% since May 26.
Neal Froneman, CEO of Sibanye-Stillwater, said the capital return programme would not replace the company’s dividend policy...
No deals in sight ...
Possible share buyback and less dividends if you read the General meeting right.
Rhodium crash ..influence the outlook dramatically ..
Fundamentals still spectacular with another year of double up in margins
So long run still good but if resistance at 60 drop not sure where it will go
When comparing with the Gold price , both US$ and SA Rand the contraction on DRD Looks overcooked and therefore a small run on Gold price do bring some gearing . The company is low risk production , Surface sources making the corvid risk less prevailing on the operations , Dividends is solid and therefore a long on gold is good . Should the gold price dip below...
The story is not in the Technical but in the company fundamentals.
When we have look at the history it is a transformational story in my view . See the no dividend gap between 2016 and 2020 it when with many acquisitions , and a pile of rocks in the road ..during the time , they extended debt maximum , battled on some of the old ultra deep assets , but boy did...
Aspen said the positive demand trends for Sterile Focus Brands used in the clinical management of Covid-19, the stockpiling of everyday healthcare products, and the advanced filling of prescriptions by consumers positively effected performance during the early and peak periods of Covid-19 infections across several regions.
“These positive trends were more than...
I think we can see why I say one have to be careful about the recovery potential of Sasol its actual financial affairs ...we have to look beyond technical .Financials
Enterprise Value/EBITDA (TTM)
Total Shares Outstanding (MRQ)
Number of Employees
Number of Shareholders
Price to Revenue...
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...
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...
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...
Sasol has a recovery plan , they have assets with a combined value more that its current value. There was some confidence in this recovery plan and by end of August we would know if they will avaid or to what extend they might have to do a rights issue. this recovery plan had some bad news issued 4 days ago and was the beginning of the correction. The USA project...