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Author Topic: PPC - Buy at R17-00  (Read 13152 times)

Pilot

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PPC - Buy at R17-00
« on: May 04, 2015, 12:49:01 am »
Buy and hold for the next week / month / year. From today!

This is now as close to perfect time to buy as ever.
Lowest price in 10 years +
Expantion into Africa, with much higher earnings when projects come online.
9.5 PE
6,7% dividend
Extreme divergance
Break in downtrend
Possible double bottom
Financial statements - 19 May

I've been holding out on this one for quite some time.
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Imran

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Re: PPC - Buy at R17-00
« Reply #1 on: May 04, 2015, 11:48:13 am »
Quote from: qriffin on May 04, 2015, 10:58:18 am
We all learning here, please understand the following statement with that in mind. If PPC's results are available the 19th May, why not wait till then to buy?

They might come out with a trading statement before that time.
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jaDEB

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Re: PPC - Buy at R17-00
« Reply #2 on: May 04, 2015, 12:03:55 pm »
Once the results are out, it moves up or down. After you have opened the results and read it, it has done the movement for the day. Or when it is done after hours, it will open up / down. You will have to be quick, to buy before it moves.
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gcr

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Re: PPC - Buy at R17-00
« Reply #3 on: May 04, 2015, 12:21:39 pm »
Personally I would not hold PPC in my portfolio - I once held them from 2007 through to 2011 when they appeared to be the front runner in the cement industry. The PIC still hold shares in PPC as do they in Afrisam/Holcim (may have differing names these days) and the PIC would like to consolidate. PPC's plant in the western cape is not running at full capacity as there is currently an over supply in Africa and also the Chinese are putting up plants in other African countries and it won't be worthwhile or profitable for the South African operations to export into Africa anymore, so an over supply is here to stay for the foreseeable future - if the economy takes off and I mean really takes off there may be some hope for cement producers
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Pilot

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Re: PPC - Buy at R17-00
« Reply #4 on: May 04, 2015, 02:36:28 pm »
PPC say they are on track to expand production by 50% in 2 years time. Prices in Ruanda and DRC are very good for cement.


http://www.ppc.co.za/Documents/Merril%20Lynch%20Conference%20-%20March%202015.pdf

See the Merril Lynch Conference presentation link.

Just the fact that they didn't bring out a trading statement means their figures aren't worse than 25% down from last year.

With the rand weakening export and foreign revenue is the way to go.

I got my share of PPC this morning.  :)
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gcr

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Re: PPC - Buy at R17-00
« Reply #5 on: May 04, 2015, 02:51:36 pm »
Well maybe you should also diversify into Aveng and other construction companies - they are all part and parcel of the same rowing team
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gcr

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Re: PPC - Buy at R17-00
« Reply #6 on: May 05, 2015, 10:20:58 am »
I see the PIC increased its holding in PPC and now hold just over 15%. I wonder if they are trying to increase their holdings in the open market so that they can as a substantial shareholder enforce a merger with their other cement holdings in their portfolio. I think the PIC is in a pickle with Holcim and Lafarge merging in USA and Canada
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Pilot

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Re: PPC - Buy at R17-00
« Reply #7 on: May 06, 2015, 05:10:02 pm »
Quote from: Pilot on May 04, 2015, 12:49:01 am
Buy and hold for the next week / month / year. From today!

This is now as close to perfect time to buy as ever.
Lowest price in 10 years +
Expantion into Africa, with much higher earnings when projects come online.
9.5 PE
6,7% dividend
Extreme divergance
Break in downtrend
Possible double bottom
Financial statements - 19 May

I've been holding out on this one for quite some time.

Running nicely 6,5% in 3 days 8)
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Pilot

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Re: PPC - Buy at R17-00
« Reply #8 on: May 10, 2015, 10:49:11 pm »
PPC has changed trend and is bearish again. R17-00 is not the lowest price. This one can go even lower no.  :-X

Need to wait some more before this one recovers.
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Imran

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Re: PPC - Buy at R17-00
« Reply #9 on: May 11, 2015, 12:42:38 am »
It could have gone either way, however buying on the down trend is always risky.
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Mr_Dividend

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Re: PPC - Buy at R17-00
« Reply #10 on: May 11, 2015, 08:30:05 am »
Pilot - you are probably right in thinking that PPC could do well in the rest of Africa - but as most african countries are based on resources - you going to need to wait for them to recover before capital really starts to flow to those countries.

That said, buying some for the divi to cover the building sector for a long term portfolio would probably not be a bad call. I would  prefer to buy the property companies building malls in Africa - if I was looking for that kind of exposure.
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Nivek

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Re: PPC - Buy at R17-00
« Reply #11 on: May 22, 2015, 11:10:12 am »
PPC looking quite healthy quite quickly since your prediction Pilot. Did anyone buy?
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Pilot

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Re: PPC - Buy at R17-00
« Reply #12 on: May 25, 2015, 11:50:49 am »
Quote from: Nivek on May 22, 2015, 11:10:12 am
PPC looking quite healthy quite quickly since your prediction Pilot. Did anyone buy?

Ye, I still got mine @ R17-00.
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