Jump to content


Photo
- - - - -

York Timber


  • Please log in to reply
8 replies to this topic

#1 SoleTrader

SoleTrader

    Advanced Member

  • Junior Member
  • PipPipPip
  • 380 posts

Posted 20 June 2017 - 07:01 PM

Some interesting rumours about a possible merger with another listed forestry share (Sappi???) starting to float around. Interim results are going to be poor, thanks to the clowns governing us willingly giving us junk status and a recession.
  • 0

#2 PlatinumWealth.co.za

PlatinumWealth.co.za

    Member

  • Members
  • PipPip
  • 108 posts

Posted 17 March 2017 - 01:58 PM

Headline earnings for the 6 months were down 9%.

But if you read through it carefully, there's a growth story happening.

Most of the drop is due to depreciation and re-investment.

They're opening more stores, increasing distribution, product variety and buying more forests.

On a forward PE of 5, lots of value.

 

you are going to make me buy this for the shits and giggles. Stahp.

:P


  • 0

JSE and ZARX Finance and Investment Forum -> https://platinumwealth.co.za/

Do you run an investment club? -> https://www.platinum...nvestment-Clubs

The Stock Watch Thread Download the App - Google Play or Apple App Store


#3 thedoc

thedoc

    Newbie

  • Junior Member
  • Pip
  • 23 posts

Posted 17 March 2017 - 10:14 AM

Headline earnings for the 6 months were down 9%.

But if you read through it carefully, there's a growth story happening.

Most of the drop is due to depreciation and re-investment.

They're opening more stores, increasing distribution, product variety and buying more forests.

On a forward PE of 5, lots of value.


  • 0

#4 PlatinumWealth.co.za

PlatinumWealth.co.za

    Member

  • Members
  • PipPip
  • 108 posts

Posted 10 March 2017 - 08:30 PM

Thats true.

But Super group went up 6 times after it fixed itself up.

 

True... Hehehe

 


  • 0

JSE and ZARX Finance and Investment Forum -> https://platinumwealth.co.za/

Do you run an investment club? -> https://www.platinum...nvestment-Clubs

The Stock Watch Thread Download the App - Google Play or Apple App Store


#5 thedoc

thedoc

    Newbie

  • Junior Member
  • Pip
  • 23 posts

Posted 10 March 2017 - 04:41 PM

Thats true.

But Super group went up 6 times after it fixed itself up.


  • 0

#6 PlatinumWealth.co.za

PlatinumWealth.co.za

    Member

  • Members
  • PipPip
  • 108 posts

Posted 10 March 2017 - 03:08 PM

It was R40 then, and they've re-invested into certain niche areas.

Directors been buying heavily over the past 2 years.

The greatest asset you have is time. You just wasted 7. 

What future prospects does this company offer over other options on the JSE?


Edited by PlatinumWealth.co.za, 10 March 2017 - 03:08 PM.

  • 0

JSE and ZARX Finance and Investment Forum -> https://platinumwealth.co.za/

Do you run an investment club? -> https://www.platinum...nvestment-Clubs

The Stock Watch Thread Download the App - Google Play or Apple App Store


#7 thedoc

thedoc

    Newbie

  • Junior Member
  • Pip
  • 23 posts

Posted 10 March 2017 - 02:54 PM

It was R40 then, and they've re-invested into certain niche areas.

Directors been buying heavily over the past 2 years.


  • 0

#8 PlatinumWealth.co.za

PlatinumWealth.co.za

    Member

  • Members
  • PipPip
  • 108 posts

Posted 10 March 2017 - 01:34 PM

On a PE of 5 and growing nicely.

 

Expecting good numbers out next week.

I always wonder about investing in these companies. Surely forestry (the cutting down part) is not sustainable, so what future does this company have? It certainty was not a good stock if you bought in the past 8 years, why would that change now?


Edited by PlatinumWealth.co.za, 10 March 2017 - 01:34 PM.

  • 0

JSE and ZARX Finance and Investment Forum -> https://platinumwealth.co.za/

Do you run an investment club? -> https://www.platinum...nvestment-Clubs

The Stock Watch Thread Download the App - Google Play or Apple App Store


#9 thedoc

thedoc

    Newbie

  • Junior Member
  • Pip
  • 23 posts

Posted 10 March 2017 - 01:30 PM

On a PE of 5 and growing nicely.

 

Expecting good numbers out next week.

 


  • 0





Sponsored by Sharenet and VPSNine Linux VPS Hosting