1114 replies to this topic

[SLEEKONE]

Isn't Northam to be acquired by Sibanye?

I dont know buddy,but i highly doubt it

[Pratlou]

.

Edited by Pratlou, 29 December 2015 - 05:36 PM.

[Pratlou]

Northam

Isn't Northam to be acquired by Sibanye?

[SLEEKONE]

Northam

[SLEEKONE]

ACL on a tear. Those who listened would have been 30% up now. Still room to move substantially.


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I missed out

[Magnet]

ACL on a tear. Those who listened would have been 30% up now. Still room to move substantially.

Sent from my SM-G920F using Sharenet Sharechat mobile app

[Magnet]

One of the institutions selling out hence the constant drops back down.  Coronation catching up to their own nonsense again?

[Magnet]

I agree

 

Shorters have been increasing positions on this stock in recent times - once they start closing we could see a squeeze like we saw at lonmin few weeks ago.

[SLEEKONE]

ACL looks a damn good bet from these levels.

Current market cap of R1.2B

Rights offer of R4.5B underwritten and guaranteed by parent at R6.50 or 120% premium to current price.

R3.2B debt to be paid off and remaining R1.3B to be used for capital investment.

So post rights at current price we will have ACL at about R2.6B Market cap, no debt and R1.3B in free cash. This is good for a bagger now in my opinion.

I agree

[Magnet]

Acl looking vulnerable

 

ACL looks a damn good bet from these levels.

 

Current market cap of R1.2B

 

Rights offer of R4.5B underwritten and guaranteed by parent at R6.50 or 120% premium to current price.

 

R3.2B debt to be paid off and remaining R1.3B to be used for capital investment.

 

So post rights at current price we will have ACL at about R2.6B Market cap, no debt and R1.3B in free cash.  This is good for a bagger now in my opinion.

Edited by Magnet, 18 December 2015 - 06:16 PM.

[SLEEKONE]

Acl looking vulnerable

[cutloss]

IMP can be the next LONmin. High risk even at R10. 

[SLEEKONE]

Impala has been taking a serious knock. Might reach R17 or even R14. Watching it like a lion watches its prey.

[SLEEKONE]

Took a gamble on Friday and topped up big time on EQS at R1.50
Gamble paying off

Well done.

[Queen B]

Took a gamble on Friday and topped up big time on EQS at R1.50

Gamble paying off

[myusuf]

Gold shares will reverse today and those who bought shares last week may see 2 fold returns

[Mr_SA]

These current markets are killing me... EQS seems like a sinking ship.

[Taurus]

When markets are so up down... Many people turn to gold as a safe haven. I think!

me thinks you could be spot on

[Mr_SA]

EQS is low I think because of the debt it has  - Few billion but it seems low on PE

 

Why on earth is quantum foods falling so much if anybody has any ideas please let me know...

 

And why on earth are the gold shares up between 10-20% today with flat gold price and they all mainly operating at losses.

When markets are so up down... Many people turn to gold as a safe haven. I think!

[myusuf]

Noted - thanks - but surely the exchange rate is not going to save them if gold keeps falling...

 

When US announce Interest rates rise next week - If they do then the Gold shares will take a bath below breakeven cost levels per ounce.

 

Just my guess.