Member Info for Mulder

What a great job the CEO has done.

Total liabilities down by 10Bn!

Https://www.miningmx.com/top-story/55907-pan-african-storms-back-but-investors-stay-on-the-sidelines/

Yes, we know the reason now.

Apikur need to keep working hard behind the scenes and take no crap.

They need to have a closer look at the daily sell off into the close here. Scandalous.

https://uk.finance.yahoo.com/news/fca-three-arrested-major-operation-145600666.html

With Mogali EPS should hit 5.5c which means the forward P/E is now sub-4.

A dividend increase to 2c in 2025 would give a 10% yield at the current price.

I use X-O/Jarvis and they only deduct 10%, without any DTA form.

In any case there's unlikely to be another dividend until December.

You need to focus on why the share price continues to sell off into the close every single day, underperforms the JSE and by a wide margin.

That guy in the video comes across as a boring, negative, sad git!

With natural gas prices now at multi year lows we will see UK CPI hit target well before the US. We started hiking earlier and cuts will also come sooner.

Energy cap will fall by 16-20% come April.

In terms of the base effect this is huge: £1,600 vs £3,000 last year.

Telecoms prices are rising by only 7% this year vs 14-15% last year.

Expect UK CPI to come in around 2% by April.

The energy price cap will then fall by another 10-15% in July so expect to see CPI fall below target to just 1.5%

Several shareholders have been pushing for an interim dividend..let's see.

Weds morning should be interesting.

There are catalysts coming for the FTSE.

It's the most widely discounted stock market among the G7. This is common knowledge. Its probably the most heavily shorted also.

In terms of P/E the FTSE is trading at HALF the level of the S&P and 50% below its historical average.

Inflation should drop to c. 2% by April and the way gas prices are back to pre war levels may even dip below that. An election in May (my view) and a change of government with a pre election tax cut and British stock ISA announced next month.

Well we can't be blaming Brexit again and again after almost 8 years!

Hunt may announce a British listed stock ISA next month and may abolish stamp duty on UK listed stocks.

UK stocks are very, very cheap. My portfolio average is a p/e of only 8.

A change of government after a long and chaotic 14 years may help drive a change in sentiment and instil some sanity into markets. We can only live in hope....

The chancellor, Jeremy Hunt, has hinted at plans to launch a tax-free “British Isa” investing in UK company shares at the spring budget next month, as part of efforts to revive the country’s stock market.

A British stock Isa would allow investors to buy a certain amount of UK company shares, without paying tax. Currently, the government charges a 0.5% tax, known as the share purchase stamp duty, for any shares bought in the UK.

“We want the London Stock Exchange to become Europe’s Nasdaq,” he said.**

The Chancellor added he would like to see London become "Europe's Nasdaq", pointing out that the government has been reforming prospectus rules to make it easier for companies to list in the UK.

"I think you will see the London stock market really take off," he said, while noting the government's efforts to boost investment in UK assets from pension funds.

If Baghdad wants the assets, pay up!

The price action on the JSE in SA is fine.

Where would you rather invest - London/UK or SA?

Nothing to do with that either.

Short sellers and MMs have far too great a grip in London and the FCA are utterly useless and incompetent.

If you are talking about the FTSE as a whole then yes it is trading at a very low multiple compared to the S&P for example which is at a 20x P/E.

FTSE is sub 10 and shares like this mid single digit only.

However, when a share is listed on more than one exchange then the prices should match! Give or take 0.1 or 0.2%, not 5%!

I would have to disagree. We have a diverse portfolio of 100+ stocks including African based companies such as Gemfields and that is trading at a premium to JSE actually while others match the overseas price.

Your Seplat example is an extreme one and is mostly due to the huge depreciation of the Nigerian Naira which seems to depreciate by 50% every few weeks!

Why agree on the production cost if not serious about a sharp resumption?

Https://www.reuters.com/business/autos-transportation/toyota-outshine-rivals-more-consumers-opt-hybrids-amid-ev-slowdown-2024-02-02/

https://finance.yahoo.com/news/toyota-crushing-hybrid-vehicles-tesla-001535309.html

Massive re rating coming in several sectors that have been written off due to EVs. Premature. EV hype overdone.

Positive for SLP also and demand for PGMs.