Bisichi Share Discussion Threads

[skyracer] 09/11/2007 17:13

$84 now. I assume the rise is linked to the price of oil, so will fall back a bit eventually, but the link makes BISI a strong long-term buy.

[skyracer] 26/10/2007 16:15

This is incredible. RBCT coal now $79. Only two months to year end.

[skyracer] 12/10/2007 16:32

RBCT coal now $69. Second half coal earnings could be exceptional.

[sammu] 09/10/2007 22:13

If you are valuing this on EPS then you need to strip out the property revaluation, IMO.

The property makes it hard to value though, also there isn't that much info on it.
While the property is not irrelevant I think it is a distraction.

The bottom line is that the coal business is producing a record result, the outlook is good/excellent and the chance of a decent deal seems high.

Good bullish article about coal prices:

[uncleoswald] 09/10/2007 09:34

Note that 2/3 profit in 2006 came from an increase in the value of investment properties.
If that is not matched this year (and it seems unlikely that it will be),
it may be difficult to match last years EPS.
(If property starts to fall, which it could, things become even worse!)

[wassapper] 25/9/2007 07:40

These are good results but they are comparing apples with pears - 2006 had significant mine downtime due to the accident.

Look at eps. If things continue then we may only match the 2006 eps.

Pe of about 12-13 now which is about right, could be higher I suppose. A good dividend will probably be payable.

[topvest] 25/9/2007 07:25

Yes, great results. We just need the transforming deal that has been talked about for some time. I'm sure one of their opportunities will come good - just a matter of continued patience being required.

[skyracer] 25/9/2007 07:23

These are outstanding results. They bear the hallmark stamp of managerial excellence. BISI not only have a strong grip of the sales and marketing levers of their business, but demonstrate a clear understanding of the elements and interactions of their production process, and the workings of their value chain.

[bisiboy] 21/9/2007 22:01

this will move on the results one way or another
my money is on north

[skyracer] 21/9/2007 16:47

Mmm, interesting. RBCT coal now $63.7

[skyracer] 22/8/2007 08:39

(last paragraph)

Richards Bay export price holding up well at $59.7 (17 Aug).

[bisiboy] 20/8/2007 17:10

cant be long till some news

[mw8156] 23/6/2007 13:26

Dont like the vague reporting; LAS' annual report says cost overruns on the Windsor shop development and Bisi's report refers to unspecified problems with the bee directors; I think they could be a lot more specific.

[skyracer] 23/6/2007 09:09

RBCT export price now risen to $58.

[mw8156] 03/6/2007 12:12

anyone know what the specific problem with the BEE directors was that forced their removal and recourse to the courts?

[bisiboy] 02/6/2007 18:12

gardenboy,
i think that there is a good chance,but not the near certainty
before.

[sammu] 28/5/2007 18:35

It's slightly old but I just came across this interesting coal article:

Mobius anticipates higher coal prices (as mentioned above by bolador):

[gardenboy] 15/5/2007 22:13

bisiboy,

is there still any chance for Pegasus ?

[bisiboy] 15/5/2007 21:49

its looking very good, but this share is very iliquid one moderate seller
and it could easily fall.

[topvest] 14/5/2007 19:52

Yes, looks well poised. Wonder if they have lined-up another South African coal opportunity - the results appeared quite bullish on that score!

[gardenboy] 14/5/2007 13:31

you could be right

[parvez] 17/4/2007 07:20

Breaking out and MMs are bidding in 10k but offering only 1 (yes one!) share electronically. IMHO this is about to take off. DYOR, etc, etc

[gardenboy] 16/4/2007 15:25

moving nicely :~)

[gardenboy] 13/4/2007 19:49

breaking out from the 240 level now,

[skyracer] 27/3/2007 06:23

Well done Bisichi management. Good recovery after unfortunate accident. Tremendous second half earnings of 17p. RBCT coal price now risen to $54. Clear growth prospects.