Member Info for Nonegspleeze

So what's going on now? Reported buys up on sells but 7.5p (5%+) down on the day.
SP now more than 10% lower than the week before our last outstanding update.
M & M's looking after a favoured buyer or another institutional seller? This share actually does my head in.

Nice shift up in early trading this morning. Newcastle coal price up 6% and/or investors liking the Sungela deal?!

Rivaldo,
Corresponding statement from full year 2021 trading update 12 months ago
"The Board is pleased to announce that revenue growth has exceeded the Group's forecasts and that profit before tax will be significantly ahead of market expectations." Incidentally, the catalyst for my investment here.
Not, simply, "in line with expectations " as of this morning.
Given that we were so far in front of 2021 at the 2022 half year (EPs 9.3p v 6.1p, + 52.5%) and that full year eps 2021 were 16.8p, this indicates ANX trading below 2021 for 2022. Not "nicely" in my book.
Also no mention whatsoever of housing disrepairs or vehicle emissions, the two big growth opportunity areas that, hopefully, were to push profits further ahead moving forwards and are the reason many are invested here.

Probably the least informative trading update I've come across. PR dept need a rocket up their .... Can only expect this to drift for another 8 weeks. Disappointing.

Terry
Your argument screams out for diversification, which strangely enough, is what just happened and is making you grumpy.
SA always has all kinds of risks sewn into the share price, hence our 20/30% Divi, surely it's sensible to use some of the cash to diversify that risk. You can't have it all ways and sitting on a pile of cash because you think it protects the share price is the musing of a dinosaur.

Alexhodder
I agree. Mitigating risk away from SA is a good move & Asia's reliance on coal over the next 10/15 years is not in doubt.
However, anything worth having rarely comes cheap. I like the deal and will be adding to my holding in the near future, once the SP has settled down.

Not expecting anything in the way of news. I do expect however that our PGM basket value will rise significantly in the coming months as China gets back to work.
A friend of mine who works at Jag/Landover tells me most models now have a waiting list of 12 months+, can only mean higher PGM demand.
In the meantime great to see a tick upwards.

Bumping along
Good shout.
Given the market's complete inability to accurately assess anything at all, I'll go for .75p (end of day 1 close, after dreadful end of year results are absorbed).

Share price 1.00p at the time. Buys or sells? Or one of each? No matter, it's history now.
FWIW, tantalum mine sell a great bit of business in my view, amazed the SP hasn't moved higher. Looking forward to more news/details on HMS's.

A quick look at comparators over at SLP will show you what an own goal reducing the Divi has been, although the weak bond issue does indeed explain the boards reticence.
Both are fantastically managed companies, with coincidentally, very similar amounts of shares in issue (excluding any allowance for the Karo raise), THS has historically had an SP of between 20 & 40% higher than SLP due to its much higher revenue, profit and its much improved outlook compared to SLP which is indeed a mature business with little to get excited about regarding future growth.
Now investment in Zim is always "speculative" and Karo could possibly end up as a hideous own goal given it's as yet unknown political future. However, SLP's SP is now a few pence higher than THS's (the SP's have quite frequently got close to convergence, but rarely have they met or crossed over).
SLP maintaining its Divi v THS reducing it's own can be the only reason for this. Income hunters have switched for the extra couple of % points.
I have held both for some years, switching weights given which I feel has the better upside. Today however I have sold my remaining SLP and reinvested the balance into Tharisa.
I do get a little concerned about Karo & I am sure there are many challenges to be met or and hopefully overcome, over the next couple of years. However, if all goes to plan and revenue, profit & divis increase as they should then I can see a yield of around 15% on today's £1 share price by 2025.
I'd be quite happy with that.
Obviously Chinese demand is key for our basket price, but that will come, in the meantime I'm quite happy with a yield of over 5%.

The seller is relentless.

My smile emoji turned into 2 question marks. Yes received Divi in my ii SIPP this morning.

Nice Divi arrived this morning. ??

Despite constant agreement that CNIC should fly with all the positive news & reports we still have that persistent seller dragging the sp back below where we were pre 3rd Q update. Frustrating as.

I believed in the board here and lost 25% of my pension fund before bailing out a few weeks ago.
Looking like a zero. Good luck to all long term and still holding investors, hope something decent comes out of this mess.
Strange also that my two biggest self investment 'mistakes', here and PUR, are both 'safe jurisdiction ' Canadian miners. Sold down the river by truth with holding boards both times.

Still finding sellers to match buys, more often than not bots.
Nice acquisition today, immediately earnings enhancing & we're still sinking back towards the now not so recent 120p raise price. There's been nothing but good news from the board. Very frustrating.

Bought in today.
Showing as a sell.
Standard.

Which makes you wonder Rivaldo where the share price would be without Kestrel buying. There is still someone happy to offload what seems inexhaustible amounts here at under 120p.
Indeed someone has just bought 200,000 and we're still in the red for the day. This has been going on for months now.

Darien,
Agree, you would think constant reports of the Russians lines collapsing across Ukraine would generate interest here.
Also confused with today's RNS's with no reported buys, maybe there'll be a nice surprise in the morning.

Monty, sounds valid & certainly presents a buying opportunity if there's nothing nasty happening in the background. Debt interest seems well covered & can't see much else that could cause alarm so given I'm fully loaded just need to wait for that long awaited re-rate.
Good luck.