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#1 Leadingedge

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Posted 12 November 2020 - 03:30 PM

PPC making a small rally ...up to 66c...hoping the flood gates will open soon

 

Was just typing a message to ask if you managed to buy around the 44c mark? I eventually bit the bullet, and after two days managed to get my quota at an average of 53c. Not a bad run so far, but to be honest I was expecting a bit more of a run today. I had also assumed that they would release interim results next week, but according to yesterdays statement this will only happen early December.

 

The reason I decided to jump on board was due to the very same information that was in the operational update they put out yesterday afternoon. There was a snippet of this info in the financial statements released last month. Anyone in the building industry will be able to tell you just how much they have hiked the price of their cement over the last few months (coincidentally when demand shot up).

 

This is by no means a miracle cure for them, but will surely be a nice temporary boost. 

 

The restructuring and refinancing project is also something to keep an eye on in the short term. Debt is a major problem for them, so any positive news on that front should be good for the share price as well.

 

Just my 2 cents here, this is by no means any form of trading advice and is merely my thoughts and opinions.


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#2 AnbanM

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Posted 12 November 2020 - 02:52 PM

PPC making a small rally ...up to 66c...hoping the flood gates will open soon
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#3 Leadingedge

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Posted 06 November 2020 - 05:16 PM

Im looking to purchase a few shares next week, but the timing is going to prove tricky to get right. I have been waiting to see if it will fall lower (like I expect it should) but the US elections are messing with the markets and every day is a gamble...next week is most likely going to be just as interesting.

 

Interim results are due in two weeks and there has been no trading statement yet...this can be both good and bad the way I see it.

 

Just my 2 cents, take it with a bag of salt.

 


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#4 skeez

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Posted 04 November 2020 - 01:34 PM

PIC offloading...

Hi All...see there hasnt been any activity on PPC for a while ....just hit 44c....do you think we will have an upswing soon ?


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#5 AnbanM

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Posted 04 November 2020 - 10:07 AM

Hi All...see there hasnt been any activity on PPC for a while ....just hit 44c....do you think we will have an upswing soon ?
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#6 Queen B

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Posted 15 June 2018 - 05:49 PM

Net profit attributable to PPC shareholders is expected to increase by 55% -
65%, compared with the R93 million achieved for prior comparable period.

PPC group EBITDA from operations is expected to decline by 5% - 12% compared
with the previous period. Group EBITDA has been negatively impacted by costs
related to corporate action, restructuring and separation costs which was
communicated previously. Excluding this impact and the fluctuation in
exchange rates, group EBITDA would have increased by 0% - 3%. In addition,
the plant in DRC was commissioned during the last quarter of calendar year
2017, as well as the plant in Ethiopia in the first quarter of the 2018
calendar year. Their results for financial year 2018 have reduced net profit
as they are in a ramp up phase.

In the results to March 2018, the DRC market continued to face uncertainty
driven by political instability, lower cement demand and subdued selling
prices. Furthermore, the competitive landscape remains challenging due to
production capacity that is higher than market demand. The delayed elections
have created uncertainty in the economy and most of the infrastructural
projects have been put on hold or they are slow to come to market. As a result
of these factors, management undertook an impairment assessment.

Following the impairment assessment review, the recoverable amount of the DRC
operation was considered lower than the current carrying value and an
impairment of R166 million (US$14 million) was charged against property,
plant and equipment for the year ended March 2018.

Basic earnings per share is expected to increase by between 20% and 30%
(between 9.6 cents and 10.4 cents). Headline earnings per share is expected
to increase by between 110% and 120% (between 14.7 cents and 15.4 cents) for
the year ended 31 March 2018, compared to the previously reported period
ended 31 March 2017.

Summary of earnings:

Earnings in cents          Year ended         Year ended         % change
                           March 2018         March 2017
Basic EPS                  9.6 – 10.4              8             20 – 30%
Basic HEPS                14.7 – 15.4              7            110 - 120%
WANS (millions)               1,510              1,137              33%

The group net debt levels reduced significantly from that reported at the
group’s interim results released in November 2017. Furthermore, the group has
also generated positive free cash flows after investing activities, compared
with a significant outflow in the prior comparable period.
The information in this trading statement has not been reviewed or reported
on by the Company’s external auditors.


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#7 Queen B

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Posted 15 June 2018 - 05:48 PM

Interesting SENS today guys

I have been holding these for quite some time

I read the SENS and didn't think it was that catastrophic, but market reaction disagreed with me. Down 10%

Your thoughts?


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