What a wasted opportunity mainly down to politics (spare parts order procurement ) hopefully this has been sorted. They shipped 70 million tons during covid.
Cable theft no longer a problem. It is down to political interference in the procurement of spares causing the problem ffs. Whenever politicians get involved problems arise.
They need an acquisition outside of SA13 Jun 2022 09:56
Transnet is going downhill fast and it is not going to get better anytime soon. Miners already using trucks for coal so roads will be heavily congested and ruined. Full year they should have a billion in cash so buy something else as well.
Some people up 100% so will be some sellers7 Jun 2022 13:39
Share still ridiculously cheap if all is well. Still lending as normal. No update on complaints so can’t be any worst than already informed. I am almost at break even and will hold. This share was 40p before complaints surge and paying a dividend.
How much is the strong rouble costing30 May 2022 11:31
Gold sales are in $ which is much weaker compared to the rouble. Profits must be lower rouble costs must be increasing. Hopefully the war will end soon
The Russian holdings are valued at 1% of the value on moex. Eg 14 million Gazprom GDR are currently worth over £100 million on Moex but valued much lower by JRS
The MM,s let the trade go at a small premium so either they must have plenty of shares. The buyer knows nothing more than anyone else, HUR at 3p was not someone in the know. Hur at fractions of a penny was
I think he means regarding communication to shareholders (the owners). I have never seen a company delay accounts for 3 months without a reason. No reassurance on complaints or anything. I sold half my holding yesterday for a £3k loss. I will hold 120k shares but feel for the holders who bought a lot higher.