Author Topic: Pulverized Sand Box  (Read 310061 times)

jaDEB

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Re: Pulverized Sand Box
« Reply #450 on: September 09, 2015, 12:55:31 pm »
Frikkie's pics for 2015  :-*

ACL
HAR
LON

Am I reading the Net Asset value's right?

Seven of Harmony’s 12 mines are losing money and it will gradually close three of its largest if cost cuts don’t make them profitable by year-end, Briggs said.

The industry is stuck in a “time warp”, said Bruce Williamson, a former mine engineer who helps manage R2bn at Imara Asset Management in Johannesburg. “Every time they tried to innovate, it would prove too difficult and too costly so they fell back on the low-cost, low-skill model.”

The problem is that low-cost mining is getting more expensive. Remuneration costs jumped 60% in the seven years to 2014 even as the number of employees dropped 30%, according to the Chamber of Mines.

The two largest unions have rejected an offer to raise basic pay from about R6 000 a month and the National Union of Mineworkers (NUM) has declared a dispute. A mediation process will start on September 14 and the NUM has said it can’t rule out a strike.

Without an agreement, South Africa’s gold industry will continue its decline, according to AngloGold’s Venkatakrishnan.

“What you’ll see is companies cutting short the life of mines,” he said
jaDEB

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jaDEB

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Re: Pulverized Sand Box
« Reply #451 on: September 21, 2015, 04:29:18 pm »
Update : -

AVL - PE 65  ???
NPN - PE 97  ???
OCE - PE 17 :-*
jaDEB

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jaDEB

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Re: Pulverized Sand Box
« Reply #452 on: September 28, 2015, 11:30:54 am »
Glencore Plc fell to a record low as Goldman Sachs Group Inc. said the company’s recent steps to reduce debt and bolster its balance sheet are inadequate.
"Investors are not yet convinced that Glencore has gone far enough to totally allay fears that the industrial assets can service the new lower debt level," Goldman Sachs analysts including Eugene King, said in a report Thursday. "Recent underperformance suggests that the measures exercised are insufficient and more is needed."
Glencore dropped for the fifth time in six days. The shares fell 9.6 percent to close at 98.61 pence in London, the lowest since the company’s $10 billion initial public offering in 2011.
Dividend Cut
Shares of the miner and commodity trader run by billionaire Ivan Glasenberg have plunged 67 percent this year as sliding commodity prices reduced earnings and forced the company to scrap its dividend and sell new stock. Glencore announced a $10 billion debt-reduction program earlier this month to strengthen its balance sheet as China’s economic slowdown deepens.
Goldman Sachs lowered its share-price target on Glencore to 130 pence from 170 pence. The rating remains "neutral" and the bank expects continued volatility.
Should commodity prices fall another 5 percent, the metrics needed to maintain the company’s credit rating would be out of the required range, Goldman Sachs estimated. Goldman Sachs also lowered its profit estimates for Glencore, citing lower thermal and metallurgical coal forecasts. Earnings will be 9 cents a share in 2016, the bank said, down from an earlier 20-cent forecast.
In a separate report, the bank said the bear market in copper will persist for years. It reiterated a call for prices to fall to $4,800 a metric ton by the end of the year. The metal was little changed at $5,054 on the London Metal Exchange on Thursday
jaDEB

If it scares you, it's a sign you need to do it

jaDEB

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Re: Pulverized Sand Box
« Reply #453 on: October 01, 2015, 12:13:21 pm »
Update : -

Port 1:

NPN + 15%
OCE  - 4%

Port 2 :

AVL  + 10%
jaDEB

If it scares you, it's a sign you need to do it

jaDEB

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Re: Pulverized Sand Box
« Reply #454 on: October 05, 2015, 03:37:35 pm »
Re-Cap

NPN -  :)

OCE -  :-*

AVL -  :)
jaDEB

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jaDEB

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Re: Pulverized Sand Box
« Reply #455 on: October 07, 2015, 09:00:00 am »
AVL : PE 76

24 Feb 2016   Next Interim Results   
1 Sep 2016   Next Final Results      

OCE : PE 19

6 Nov 2015   Next Final Results
26 May 2016   Next Interim Results

NPN : PE 105

25 Nov 2015   Next Interim Results   
29 Jun 2016   Next Final Results   

jaDEB

If it scares you, it's a sign you need to do it

jaDEB

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Re: Pulverized Sand Box
« Reply #456 on: October 07, 2015, 01:01:11 pm »
Radar on/off : -

LON Up 57 % - 7 days - High 52 weeks R34.00
GLN Up 53 % - 7 days - High 52 weeks R58.00
SGL Up 36 % - 7 days - High 52 weeks R32.00
AQP Up 65 % - 7 days - Down  94 % - 5 years
« Last Edit: October 07, 2015, 03:03:45 pm by jaDEB »
jaDEB

If it scares you, it's a sign you need to do it

jaDEB

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Re: Pulverized Sand Box
« Reply #457 on: October 09, 2015, 08:33:46 am »
Patrick if, in IC, u click on my holding u get correct info.

But if u click on leader board, then on your name u get different info. see attachments.

jaDEB

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jaDEB

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Re: Pulverized Sand Box
« Reply #458 on: October 14, 2015, 04:49:25 pm »
Update : -

OCE -  :-*
NPN -  ::)
AVL -  8)
jaDEB

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jaDEB

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Re: Pulverized Sand Box
« Reply #459 on: October 15, 2015, 06:16:17 pm »
 :-*  :TU:  O:-)
jaDEB

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jaDEB

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Re: Pulverized Sand Box
« Reply #460 on: October 16, 2015, 06:42:49 am »
Bump

AVL : PE 76

24 Feb 2016   Next Interim Results   
1 Sep 2016   Next Final Results      

OCE : PE 19

6 Nov 2015   Next Final Results
26 May 2016   Next Interim Results

NPN : PE 105

25 Nov 2015   Next Interim Results   
29 Jun 2016   Next Final Results
jaDEB

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jaDEB

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Re: Pulverized Sand Box
« Reply #461 on: October 16, 2015, 08:10:28 am »
So is China about to puff up its economic report card once more?

Quite the contrary, according to one of the world's foremost emerging market investors, Mark Mobius. 

"I know there's a lot of debate as to whether the numbers are true, whether it's really 7 percent, but our numbers indicate that it is at least that," the chairman of the emerging-markets group at Franklin Templeton Investments  said in a recent interview with Bloomberg TV. "We think that a lot of the economy is not really being counted because China is being converted from a manufacturing-oriented economy to a service economy."

That gels with the view of Rhodium Group analysts in a September report for the Center for Strategic and International Studies.

Their 200-plus page study found China's GDP methodologies are largely in line with international practices and charges that estimates are sheer fabrications are "misinformed." Still, they acknowledged that Chinese statistics and their transparency are "sometimes shaped by political interests."

China's economy is bigger, not smaller than official data suggests, the analysts found, with the services sector the hardest to measure and real estate even more important than currently reflected

jaDEB

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jaDEB

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Re: Pulverized Sand Box
« Reply #462 on: October 18, 2015, 11:40:35 am »
Update / refresh

NPN -

Close 2 it's 52 week high
PE - 108
Forward PE - 44
NAV - R195

OCE -

Close 2 it's 52 week high
PE - 19
Forward PE - 18
NAV - R16

AVL -

Frikkin Close 2 it's 52 week high
PE - 76
Forward PE - Not available
NAV - R1

jaDEB

If it scares you, it's a sign you need to do it

jaDEB

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Re: Pulverized Sand Box
« Reply #463 on: October 21, 2015, 01:53:38 pm »
Update :

Port 1.

NPN + 28%  (65% of Portfolio)
OCE + 6%  (28% of Portfolio)

Port 2.

AVL + 20%  (96% of Portfolio)
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jaDEB

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Re: Pulverized Sand Box
« Reply #464 on: October 21, 2015, 03:16:37 pm »
Venezuela, whose currency has lost 87 percent of its value on the black market in the past year, is urging fellow OPEC members to reverse course and curb production to support prices. Eulogio Del Pino, the nation’s oil minister, will “present evidence” at talks between OPEC and non-members on Wednesday that a price of $88 a barrel is needed to ensure investment in supply, President Nicolas Maduro said on state television.

Iran agrees that OPEC ought to reduce output to engineer a price recovery to $70, but it’s doubtful the group will enact any measures to do this, the nation’s Oil Minister Bijan Namdar Zanganeh said Oct. 19. The Persian Gulf nation is planning to boost its own output by 1 million barrels a day next year if international sanctions are lifted.

Faltering U.S. supplies show the Saudi-led strategy is paying off, said Societe Generale’s Wittner. “If there are folks in the oil market who expect this is going to end with a new game plan, they’re going to be very disappointed,” he said.
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