Member Info for Tiger179

Don't panic. Lower SP will allow more buying power come next dividend!
Coal still 180's and gas supplies will be hit when winter kicks in!

Topped up £32k last week at £13.20. Will go again!

Now, now, chaps calm down! Focus on the main target. TGA down today. Minus 4 as I speak.
Must be the COP27 bailouts?
Bisichi plus 1.82?
Any idea's?

All good advice. You either still believe in the stock long term, or sell whenever there is bad news.
Less than half a % of the total allocation is currently being traded, which means the majority is held by Pension Funds, Corporate Investors, and individual Investors.
As I've said on here before, if there is anything better out there then go for it.

???????? ! Up to 240 DEC!
https://www.cmegroup.com/markets/energy/coal/coal-api-4-fob-richards-bay-argus-mccloskey.html
Don't worry Xmas is coming.
Oil rising again!
COP26 as usual, a load of hot air! They all talk the talk, but when it comes to national interest they never walk the walk!
Gas will follow!
https://www.industryandenergy.eu/oilgas/natural-gas-prices-to-rise-through-2023-as-russia-cuts-european-supplies/

What happened at 9:30am today? Big volume dump!
SP down 68p.
Then up 19p!

Well said SurferDude!
A very informative post!

Most of the big miners in red today. Probably linked to that for no logical reason!
Bisichi up over 3%!
Definitely no logic!

All the gains from yesterday full 100% turnaround today!
Even JSE only 2.10% down.
Someone shorting behind numerous buys and sells or just the small fry who have no idea why they bought it, and even less idea why they sold it!

Rises yesterday above 4% on no news.
Then today with some limited good news goes up to £15.97 then falls away again!
Nothing change!

KEEP CALM.........! AND CARRY ON......! Time and patience is needed.
https://www.bloomberg.com/news/articles/2022-10-13/transnet-raises-its-wage-offer-to-end-strike-that-s-crippled-south-african-ports
QUOTE......!
Thungela Resources Ltd., South Africa’s biggest shipper of thermal coal, said it is still able to load vessels and berthing continues. The company’s stock levels at the ports “should be sufficient for around two-and-a-half to three weeks,” it said in a reply to questions.
Remember the next dividend is the end target. SP goes up and down as regular as night follows day!

Yes he's talking about new investors getting in now, I think we all appreciate the longer term risks associated with this stock, declining coal price, normalisation of gas/electric energy market, and gradual phasing out of coal, and the eventual end of Ukraine conflict.
Personally I'm giving this to mid 2023 for this, but everyone as an individual investor will have to make their own informed decisions weighing up all pro's and con's. Coal will still be around in 10 yrs but certainly the dividends will not be so rewarding.

To all those currently selling!
https://simplywall.st/stocks/za/energy/jse-tga/thungela-resources-shares/news/thungela-resources-jsetga-underlying-earnings-growth-outpace

RB futures Nov-Jan around 260! Not a massive fall.
Still a lot higher than when TR floated?
Thungela could buy their own locomotives, lease the track and rolling stock, and manage it themselves.
Couldn't do any worse that Transnet!

No doubt strike has impacted, but Thungela caught up in UK mini slide today.
A lot of LSE shares down 8, 9, 10% today.
Apart from small rise on DJ all other markets in red!
I'm holding for next results. A lot of people will be surprised by the dividend.

Yes HL paid me Monday morning!

Yes covered b4. Advance refund not available if held in name of nominee broker.
You have to apply to SARS direct. You will need proof of UK residency from HMRC and original certified copies of dividend received from Broker.
Then the difficult bit. SARS forms!
Also helps to register for SARS eFiling!
Currently in process will post later under 20% WT post.

Putin ramping it up again after Bridge attack. Remember winter not kicked in yet!
UK Govt even talking about blackouts!
Who knows where it will go?

Might be a good thing. SP been stagnating lately. Rally today after fall. Remember if your holding then target is next divi which already has substantial profits locked in. Can't see this going 4-6 weeks?
As for Transnet you are correct, Govt owned but their management will come under increasing pressure to settle. If it drags out SA Govt will be losing considerable tax revenue If they get a favourable settlement we might get some productivity improvements that go along with the deal. A shake up in the Transnet Management would come in handy as well!

This isn't even as bad as previous fall's! Seen bigger!