Member Info for sjsrace

Ritch, yes you are right, the price will move up, but I dont think the wider market has quite grasped the full picture yet so price may lag behind until the penny drops fully.

Agreed, Liberum view on 4 August was at spot prices ($135 back then), Thungela’s net cash position will eclipse its market cap within six months. Noting the market cap has risen since then I think coal price still means they will have more cash than market cap by y/e

Hi Gubby, is that right? I thought the guidance from the company was for 15Mt and 16Mt for the full year?

That makes sense, thanks for clarifying

Lucky, surely this means you sell everything else and load up here. Only joking...

What a weird approach, one minute they are dumping the next loading up...

It didn't go up 10% today, completely outrageous. Thungela - you have let us all down this week... lol

Noce work Trekmadone, I am going to need to work out what Adjusted operating free cash flow actually means for TGA, but I assume that will be roughly equivalent to profit for the period.

Yep, $184 future Oct price, blimey…

Jczert - so they didnt declare an interim at the half year (up to 30 June) because they had only just started trading. So next real opportunity will be in the annual results for ye 31 Dec, which will be released in Feb probably (may get a trading update before then or a pre close update in early Jan). Those ye results in february should have a final dividend in respect of the 2021 ye, which is usually subject to approval by shareholders at the AGM, so likely declared in Feb but then not approved/ paid till april.
Gl and DYOR

I doubt until next year, prob April.

Probably busy drafting a post about buying back in at 4.29pm yesterday…

Well on my iphone it is just above the chat box next to regular chat and premium chat boxes

I think if you go to the filter tab and add the person’s username then it will filter them from your view

Looks like they've given up trying to take out the stop lossess, odd how the market works sometimes.

Ah ok, probably return to school crowd, but i think this is very well placed given the reopening.

Hi
How do we know there is a surge in orders? Sorry if I am missing something obvious.
Thanks

Helu - well said. £3.50 would be great, I'll go for £3.60

Hi Fallingknife, I've just topped up here this morning on the weakness. To be fair to management they haven't annouced anything since May and we probably wont hear much till October. Savvy majority ownership pair here, with a pretty downbeat RNS in May and then filling their boots with shares at 80p, if they are confident at that price I am pretty happy buying at 67p.
I suspect it is on the front foot with school shoes/ return to workplace/ hospitality staff etc - they just havent told anyone yet, so let the price drift in my view whilst all the savvy (hopefully) ones keep buying. It was trading well north of £1.50 pre-covid and I see no reason why £1 is not a realistic target - GL/ DYOR

Wasnt the coal price in july to date also higher than in june so profit for those months should be above june?

Late, or maybe it didnt all go to the same buyer...