Mashithembe

Mashithembe Updated 

WITH THE RESULTS PRESENTAION BEHIND THEM , CLEARLY A IMPROVED HALF IS AWAITING THE COMPANY AND WITH METTAL PRICES REMAINING STEADY , THERE MUST BE UPSIDE . SSW IS DIVERSDIFIED AND THE BATTRY METALS GROWTH IS INTRESTING Debt Level: SSW has more cash than its total debt. Reducing Debt: SSW's debt to equity ratio has reduced from 124.2% to 23.4% over the past...

Mashithembe

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...

Mashithembe

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

Mashithembe

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...

Mashithembe

the prices is holding and so will EBIDA remain at records .....what is people thinking with all the gold talk

Mashithembe Updated 

JSE:SSW 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...

Mashithembe Updated 

This was much quicker than expected

Mashithembe

Clearly linked on Gold Price ...The company performance now not the driver . I use this for my Gold exposure time will tell

Mashithembe Updated 

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...

Mashithembe

Difficult to read this and it seems that they cannot stay out of bad media who has got some views here

Mashithembe

Although Gold price dependent ...the future earnings should push to the next resistance level 2450 i think these is 10 t0 12 % play Again the gold price needs to be watched

Mashithembe

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...

Mashithembe

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 Valuation Market Capitalization 88.858B Enterprise Value/EBITDA (TTM) 5.7933 Total Shares Outstanding (MRQ) 618.398M Number of Employees 31.001K Number of Shareholders 323.151K Price to Revenue...

Mashithembe Updated 

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...

Mashithembe

I believe the previous view hold and some prove of recovery has commences. Competition commission outcome also clear

Mashithembe

this is a followup ...still on track and might be supported with a lift in the ban

Mashithembe

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...

Mashithembe Updated 

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...