264 replies to this topic

[Bullhunter]

Hit a 12 month high today.

[Bullhunter]

Tawana hit 48.5 Aussie cents this morning. SA price is lagging. Managed to up my position with a few thousand shares at 420c. I think (hope!) that the stock will continue rerating as the first production in 2018 nears. Hopefully we see R10 a share by mid year

[SoleTrader]

Tawana hit 48.5 Aussie cents this morning. SA price is lagging. Managed to up my position with a few thousand shares at 420c. I think (hope!) that the stock will continue rerating as the first production in 2018 nears. Hopefully we see R10 a share by mid year

[SoleTrader]

TAW broker note

Attached Files

•  TAW_Colt_25.10.17.pdf   449.37KB   7 downloads

[SoleTrader]

Broker note from TAW website. Still undervalued by ca 30% on an NPV basis. I dont think AUD 2-3, but recon we could touch AUD 1

[sommerso]

Our fellows in Oz believe this can hit A$2 - A$3 by 2018/2019, that is an roughly R21 to R31, until they start mining and paying dividends, I doubt we'll see any major movement from our side. Our volumes are still much lower. We just have to be patient. It will come. 

[jkoorts73]

Sold my TAW 2 months ago. Break even. Bought bitcoin and doubled up.

[SoleTrader]

Tawana hit 44 Aussie cents today, 490c equivalent. I wonder where this one will peak.

[SoleTrader]

Very surprised at the ZAR price rise and fall today. Managed to get some at 370c.

https://www.reuters....r-idUSL4N1MU44X

[SoleTrader]

Tawana up 204% since 1st October 2106 and production still 6 months away  , congrats to all 

Very surprised at the ZAR price rise and fall today.  Managed to get some at 370c. 

[Dusty Mountain]

Tawana up 204% since 1st October 2106 and production still 6 months away  , congrats to all 

[sommerso]

Resource upgrade announced and zero deals so far. Not surprised at all. 

 

Have a good day...

[Dusty Mountain]

And here she goes again  over 12% today

[sommerso]

And elsewhere it was a good day. 

 

Hoping the yellow brick road leads here as well as we wait for the Wizard of Oz to weave its magic. 

 

It is October. Resource upgrade is "imminent" 

[Dusty Mountain]

Moneyweb Investor rates top JSE Shares, Tawana 3rd

What a cursory examination of the JSE’s swallows and salamanders of 2017 will tell you is that Naspers is not the best-performing stock of the year.

 

Having said that, it’s not difficult to see how its growth has been the biggest contributor to the 10.5% that the JSE All Share has advanced this year, well ahead of the 2.7% gain in 2016.

 

Looking at the swallows, what is clear is that there is no rising tide lifting all boats. Retailers are not trending, nor are quick service restaurants - once a favourite with investors. Instead we have a mixture of cheap shares that are being rerated; shares where there is corporate action or the possibility of corporate action; and shares with a good growth story, substantiated by recent trading updates.

 

And where there is a rising tide, for instance resurgent commodity prices are driving improved earnings, companies like Anglo Gold, Lonmin and East Plats are having a torrid time.

 

 

The year’s biggest winners and losers on the JSE

The salamanders are far more numerous than the swallows and provide visible evidence of an economy in distress. While small caps are feeling the sharpest losses, it is evident that mid caps, at the heart of the economy, are in distress.

 

Common themes among the salamanders include: exposure to the sluggish domestic economy, increased exposure to government business where margins are lower and getting paid is a dream, rand strength, and overpriced shares being derated as a result of slowing earnings growth.

 

The slow economy cannot be blamed for all ills. A theme that runs through some of these companies is poor management and poor decision-making. Arguably the likes of Taste, DAWN (prior to management changes), Basil Read, Stellar, Advanced Health and even Brait fall into this category.

 

A company that has run hard is not necessarily a buy at current levels. And the same goes for a company that has rerated, such as AdaptIT. Many of these companies are now offering value. It truly is a stock pickers market.

Swallows

Swallows

#1 & #4 African Phoenix

 

African Phoenix, formerly African Bank Investments (Abil), resumed trade in February after shares were suspended in August 2014 following curatorship proceedings instituted against African Bank. African Phoenix’s only operating entity is Stangen, once the insurance arm for African Bank.

 

The company’s assets include R1.8 billion in cash, a small insurance company called Stangen, and a R24 billion tax loss.

 

The share performance since listing has been driven by a rerating. “The shares were suspended at very low values and the business rescue practitioners did a good job preserving value,” says Andre Steyn, a director of Steyn Capital and one of the biggest investors in Phoenix.

 

The combined market value of the ordinary shares and preference shares is about R1.35 billion, well below the cash value of the business.

 

The reason for the discount lies in the fact that preference shareholders hold most of the capital in the business, but don’t get dividends; ordinary shareholders have most of the votes and have a say over the dividend rights of preference shareholders. For this reason, preference shares are trading well below par value of R85.

 

“This is an investment holding company with a classic shareholders’ conflict of interest dilemma that needs to resolved, and some capital allocation decisions to make,” he says.

#2 Ecsponent

Ecsponent invests in companies that offer a range of financial services in South Africa, Botswana, Swaziland and Zambia. The company reported profit growth of over 200% and a surge in cash flow from operations in the 15 months to March. This strong growth is necessary to service the interest payments on its R5 billion preference share programme. While management is comfortable with its funding structure, it also plans to look at third party debt facilities to reduce the cost of capital.

 

#3 Tawana Resources

The JSE- and ASX-listed exploration firm hit pay dirt last year with the acquisition of several projects that will see it jointly explore for lithium and other minerals in Western Australia. Initial results have proven positive. Lithium is used in the batteries of electric cars.

#7 Murray & Roberts (M&R)

The restructured and refocused M&R anticipates improved results in the new financial year having transformed itself into a multinational engineering and construction group. It has settled its disputes related to the construction of the Gautrain, announced the closure of the Middle East business, and the increase of its stake in the Bombela Concession Company from 33% to 50%.

 

#8 Naspers

A lot has been said and written about Naspers. The bottom line is that its holding in Tencent is worth more than Naspers, as a result investors acquire the other assets for nothing. Tencent is well run and is growing strongly. Chairman Koos Bekker may have the last laugh when some of the unlisted e-commerce ventures grow wings.

#5 Montauk

The US company which produces renewable gas and electricity from landfill sites, and was spun out of HCI in 2014, reported a 65% rise in revenue on the back of a 10% increase in renewable gas volumes in the year to March. The company declared a 39.5c per share maiden dividend after pre-tax profits rocketed 579% to $15.7 million.

 

#6 Verimark

This company should be renamed very cyclical. That said investors won’t complain about results for the year to February where profits after tax increased by 184.7% to R37.3 million. It is worth noting though that even after a 90% share price rise for the year, the share is still trading at 2012 levels.

# 9 Greenbay Properties

Greenbay is listed on the JSE, with a primary listing on the Stock Exchange of Mauritius. It owns retail assets in Slovenia and Portugal and owns stakes in listed assets from the US to Australia. The company raised R4 billion via a bookbuild process in August and in the process advised shareholders that it expects 25% growth in dividends per share for the 2018 financial year.

#10 Mix Telematics

Mix provides fleet and asset management software to customers in more than 120 countries. It is listed on the JSE and on the New York Stock Exchange in the form of American Depositary Shares. In April the company announced it had won a new global key account to provide premium fleet solutions with an anticipated rollout of 20 000 units over a possible 40 countries. 

 

In May it announced a share repurchase plan to buy back up to 12.9% of its shares through open market purchases. Such plans can indicate that the board believes its shares are undervalued

 

[Dusty Mountain]

The price of lithium is breaking out!

And from here, prices for the energy metal are set to absolutely explode!

You absolutely will not want to miss out on this opportunity. Lithium could very well turn out to be one of the biggest sleeper investments of the year. And in just one minute, I'll tell you exactly how to start investing today.

But first, take a look at this chart...

The price of lithium has increased over 50% since the beginning of the year. But this is only the beginning. And that's simply because the market is positioned to see a torrential flood of new demand for the energy metal, putting lithium in the catbird seat for outrageous gains.

Not long ago, lithium was hot. Everyone was talking about it. Lithium was on the cover of every magazine and newspaper in the country. The talking heads on CNBC and other financial media wouldn't stop discussing it. My parents were asking about it.

But today, only smart investors are still paying attention. Most of the market is distracted by Bitcoin, Antifa, or some other such nonsense. But while they chase invisible coins and spin their wheels bickering with each other, we should be taking this opportunity to quietly invest in the real future they're ignoring: lithium.

The truth is, all of the hype surrounding lithium was, and still is, very well deserved. Lithium is nothing less than the energy metal of the future. And already, the metal has changed the way we live. There's no doubt you're surrounded by lithium right now. It's in your cell phones, laptops, tablets, digital cameras, power tools... basically anything with a battery.

But the lithium-ion market is still rapidly expanding. According to a new report, the global lithium-ion battery market is expected to grow from $22 billion last year to nearly $100 billion by 2025!

There's no doubt we're still in the very early stages of the lithium revolution. And it's one that's being driven forward by the proliferation of electric vehicles.

 

The Best Free Investment You'll Ever Make

Our analysts have traveled the world over, dedicated to finding the best and most profitable investments in the global energy markets. All you have to do to join our Energy and Capital investment community is sign up for the daily newsletter below.

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You'll also get our free report, Lithium: Invest in the World’s Energy Future.

 

The Era of the Combustion Engine Is Ending

The steam engine was great. But the fossil fuel combustion engine replaced it with more power and better efficiency.

Soon, the fully electric engine will replace the combustion engine with even more power and better, cleaner efficiency.

And every single one of them will be lithium-dependent. One electric car requires about 3,000 times the lithium needed for an average cell phone.

Just last week, China (the world's largest automotive market since 2008) announced plans to end the production and sale of all fossil fuel vehicles. As a result, investors put over $40 million into Global X Lithium ETF (NYSE: LIT) last week.

But China isn't the only country with plans to ban fossil fuel engines. In July, Britain announced that it plans to ban the sale of fossil fuel vehicles by 2040. Two weeks later, France announced a similar goal. Meanwhile, Norway and the Netherlands are currently considering plans to end the sale of diesel- and gasoline-fueled cars.

The rest of the world is soon going to follow suit. The lithium-ion revolution is in full swing. But supply of lithium is expected to remain tight for the next several years. Just look at the U.S. Department of Energy's projections for supply and demand:

All this puts today's investors in an incredible position to profit. Energy Investor editor Keith Kohl tells me, “I haven't stopped watching the lithium market since it first popped years ago. But right now we're looking at an upheaval in demand for lithium. Today's investors will be tomorrow's millionaires.”

Keith recently put together an entire report on this explosive market, which you can check out here. In the report, he explains in much fuller detail the opportunities in lithium and lays out his three “Lithium Mega Plays.”

I highly urge you to read this report as soon as possible and act today.

Again, this is an opportunity you're not going to want to miss out on. We're sitting at the dawn of a major paradigm shift. The revolution is happening now. And it won't wait for you.

Don't get left behind.

 

Until next time,

Luke Burgess

[SoleTrader]

Will this idiot selling bunny chiws and samoosas go and peddle your crap somewhere else

[sommerso]

Boxes being ticked. Nice to see 100k shares trading as the first trade of the day. 

 

 

[Dusty Mountain]

THE WAY HUMANS GET ELECTRICITY IS ABOUT TO CHANGE FOREVER
 
blob:https://www.bloomber...34-a6a2223f4c63

[sommerso]

Interesting that share was halted on ASX but not in JSE?