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Glencore - PE 14

MTN - PE 7

Revisiting my Advanced Health, is finking of selling. But also I think it might be a good keep stock for 2016... what to do, What tO Do 

It has not been good to me, it did not go up, but it did not go down. Thus is where I started.

I thinks there may be other current shares that will offer a better return.

But still only in finking stage.

Looking at :

GLN  PE 17   High R65 / Low R15 now R22
BIL  PE 10   High R362 / Low R135 now R158
APN  PE 22   High R439 / Low R267 now R268
CML  PE 10   High R111 / Low R49 now R58
MTN  PE 9   High R261 / Low R124 now R130
S32  PE (5)   High R21 / Low R11 now R11
AGL  PE 22   High R277 / Low R59 now R78
EOH  PE 22   High R178 / Low R126 now R127


Please feel to comment on any of the shares above

 

Sold AVL - Bought BIL 

Brave man! So you feel resources are about to change? Well, if you have picked the bottom - kudo's. Personally, I haven't heard of anything that says it is time to go long. US and EU though, both looking better but most say that the driving force for the next bull run will be from India.



At least your dividends are in dollars! Cha ching 

STANDARD & POOR’S REVIEW OF BHP BILLITON’S CREDIT RATING

BHP Billiton notes the announcement today, 1 February 2016, by Standard & Poor’s
that it has lowered the credit ratings of BHP Billiton Limited and BHP Billiton Plc from
A+ to A.

Well, we all know how absolutely useless these rating agencies are - so think your chances of being right has just sneaked up a percentage or two... 

       

http://www.moneyweb.co.za/investing/beat-rand-weakness-with-these-5-surprising-stock-picks/

Oce   

Oceana

Our last pick is Oceana. After its R4.6 billion acquisition last year of American fishmeal and fish oil company Daybook Fisheries, close to half of its annual earnings will be generated from markets outside SA. With that mix, the depreciation of the rand against other currencies will be a boost as its foreign earnings are increased substantially when exchanged into rands.

There are other reasons to support an investment in this company. Oceana boasts a defensive business with a management team that is good at capital allocation. Although vulnerable to exogenous vagaries, the fishing industry exhibits some defensive qualities. It is also a limited and highly regulated sector. Most governments impose maximum catch limits and issue a limited number of licences. Adding to that, operations are highly capital-intensive which create barriers to entry for smaller players. These restrictive elements bode well for Oceana.

The acquisition of Daybrook has entrenched the group as Africa’s biggest fishing company. It also diversifies Oceana’s fishing rights and licences, fish species, operational geography and currency exposure. This brings flexibility which was previously lacking. These factors, coupled with impressive market share numbers for its products, are great for shareholder value creation over time.

At a one-year forward PE multiple of 13 times, we think Oceana shares also deserves consideration. The major weakness with the stock is that it doesn’t offer a clean rand hedge. Its earnings are almost evenly split between rand and non-rand currencies. Furthermore, a substantial portion of the group’s cost base is denominated in dollars, which means the depreciation of the rand will have mixed effects on the group’s bottom line. Overall though, we expect the company to benefit from the weakening rand.

Mr Bond,

Another good album for your collection... 

From Mineweb,

BHP Billiton

Lapping said that Billiton is really “all about iron ore”. He added that it is “the one market where a lot of the majors are still making very good money.”

Although there is some supply falling off, the big producers with the lowest cash costs are still seeing profits. New mines are still ramping up, despite concerns about Chinese demand.

“The big call on Billiton is therefore really what you think iron ore supply is going to do,” Lapping said. “Obviously the company has far fewer problems on its balance sheet than Anglo or Glencore.”

He added that the unbundling of South32 hasn’t had much of an impact on BHP Billiton, but it has created another diversified miner on the JSE worth considering. The smaller assets that were put into the new company are likely to be more effectively managed.

“South32 can now run those assets in a more appropriate and efficient way,” he said. “And of course South32 also has no debt.”