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...
At the start of this Clicks traded -30% below Dis-Chem now Dis Chem is traded 35% down on Clicks ....
They both had problems with Fines but Dischem is loosing face with investors ...in general there news is problematic.
There timing on buying Baby City may or maybe good ...Not sure what to think of them .
There should be upside . I hold at this price but i am...
This trend is changing might be after results release
The restricted export of Amarula from South Africa also contributed to overall revenues and volumes declining by 10.3% and 15.4% respectively. Distell’s International Spirits business proved buoyant, with positive volumes and revenues recorded in the fiscal period.
Overall, as a result of the above, Distell...
They lost 30 % did not recover at the same pace.
They are buying baby city and increasing debt ?
Not sure what to think ?
I am still neutral and at a 6% loss ,
I am concerned that i might wait too long here .
Trading update and pre-close investor call
Distell Group Holdings Limited
REGISTRATION NUMBER: 2016/394974/06
JSE share code: DGH
(‘Distell’ or ‘the Group’ or ‘the Company’)
TRADING UPDATE AND PRE-CLOSE INVESTOR CALL
The board and management of Distell wish to update the market on
various elements of...
Need to watch this ......at the time i posted the previous idea on Harmony they where lagging on Rand price for Gold. This is no longer the case . Need to watch closely now ...maybe one more day but then i think i am out of there......gold price can support but not undervalued anymore .....and SA covid risk will weigh in
Rhodium is not something traded widely and something not studied closely. What is clear is that the market is in deficit and not something that can be done to correct this . The bulk of Rodium is mined is South Africa . It is mined as a byproduct from Mining PGM's as 1 to 11% of PGM's (basket of metals). Currently South Africa mines 70% of the world Rhodium . none...
Would like to get some views on the BTI tobacco ban , looks like this court case will succeed and this might give this share some life again . Not sure if some of you want to share your opinion on the share
DISTELL GROUP HLDGS LTD is trading close to the low after the big fall . In SA they where hit by the ban of alcohol sales and currently sales only available on week days. with SA lock down in easing mode and the court case of tobacco so far potentially supporting lifting of the ban . Restaurants will partially open this week for the first time . This might be a...
Looking at relative performance DRD (surface gold operation) and the Gold price in Rand , Harmony might have been lagging because of the transaction in buying Mponeng from Anglo Gold Ashanti and/or Covid risk . However i think this might present a opportunity depending on whether you want to bet on Gold