George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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This is very good news..I'm in and holding for 10 years now .if Divi 10 percent this is great deal at this price 🙏
Dubai. Seems a great idea selling coal in that area. Sure to get a great uptake.
China is planning on building 655 new coal fired power plants, while Americans are cutting back on the thickness of their plastic bags by a few microns. 🤡 #ClimateScam, still think TGA got a bright future GLA
Coal at
In June 2021, Anglo American distributed most of the shares in Thungela Resources to its shareholders, through an initial public offering.
"crawshaw
Posts: 3,151
Price: 476.20
No Opinion
RE: Approaching diviToday 09:46
"Back to ipo."
SCB, as clueless as ever. It was a demerger, not an IPO".
Come again???
"In June 2021, Anglo American distributed most of the shares in Thungela Resources to its shareholders, through an initial public offering."
As I said.... This is going back to IPO.
0777 you have to remember the southern hemisphere is colder in winter and then the summer is supper hot in vast parts of ASIA, India, pak, china and elsehwhere so massive demand on energy in summer too to keep the AC going and to avoid power shedding.
I agree I think coal is at it lowest, strange but it seems to crash in the winter and move upwards in the summer
I think coal price is in a bad place atm. If coal starts to move up so will this. Just a matter of time especially with gas moving higher everyday. I reckon if natural gas moves to say 3.30 and then we will see a 10-20% move of the coal price upwards too. Correct me if I am wrong ?
"Back to ipo."
SCB, as clueless as ever. It was a demerger, not an IPO.
No doubt some stop losses were triggered once the sp fell through 500p today to add to the selling.
As Edward points out the long term investment case here hasn’t changed, it’s a commodity stock and inevitably sentiment will swing between extremes.
GLA
Https://oilprice.com/Latest-Energy-News/World-News/South-Africas-Top-Coal-Terminal-Sees-Lowest-Exports-since-1992.html
This is having an impact
Quite right, Brad.
The daily movement of the coal price is a bizarrely short term obsession - if the price went up to $200 for a week, the share price would soar - if it fell to $50 for a week, it would collapse.
In truth, the only things that matter are the long term trends. Global supply against global demand, and Transnet's ability to move coal.
If you don't believe demand is going to outstrip supply, I have to seriously ask what you are doing here?
Personally, I think supply is going to fall much faster than demand over the coming decade, and that Transnet's problems will slowly improve.
I therefore think I am very lucky that I am going to have one of my biggest dividends of the year available to invest here on Monday week. Hopefully it will stay below £5 for a few more days.
Not to long ago I predicted this would be sub 500p... It was one big pump and dump now reality has set in.
Everyone is always obsessed with the price of coal ,the quantity is just as important and so far richards bay and transnet definitely have been performing better so far
Like I said panic selling it will bounce back up always does when results come out problem is its dropping because of the selling
Also noted a short selling up - so clear;y pushing the price down too
Thanks - loosl like I jumped in at teh wrong time - how low can this go or should I just take the loss (awful)
Results should be around March time,
Hi folks - new to THG and since I purchased 30% down....when does this go ex div? and why the downard pressure (is it just coal prices)
That gives me a top up opportunity
Panic selling is driving the price down ,has happened so many times with this share
400mm is not that much leeway. I am very surprised to see it this low, but it has been a good share if you were in early enough.