| Date | Subject |
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27/3/2020
07:37 | arja: Action,
sorry I have not been on this thread since your question. actually I am not sure but oz cchart suggests it was about 97 cents on opening and depends what eschange rate was then . quite a reversal in most aussie mining stocks in OZ today and will be reflected in S32 price here in UK today . Scary times with this corona virus and I suspect the dow futures might have had it's bounce after 3 strong days
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02/3/2020
13:32 | arja: my pleasure action . If you hold stocks , might be worth having a CFD account or spreadbet account to short a stock you hold as a kind of hedge until you are confident of direction and then close out . S32 is s funny stock as trading in UK today at a lower level than aussie closing price again and I had a stroke of luck today when my trigger finger worked quickly enough to buy modest holding at 110.66 in opening auction. I then sold at about 114 but it hit over 115 . retreated since of course to 111.10 at present and if the dow does recover later it might well help S32 . US markets are up and down like a yoyo but downtrending chart . good luck
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28/2/2020
15:37 | arja: not at present Action . best thing to do is short stocks or a mire safe practice is to short indices stocks such as MIDD ( FTSE 250 ) or ISF and an investment trust . S32 at 108p is trading at 9 cents below close in OZ where S32 held up well as other mining stocks were hammered . can not see lightening striking twice sadly .
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27/2/2020
15:06 | arja: hi Action,
be careful as the dow is tumbling again and S32 in oz could well dip another 10 or even more . Hence might well see S32 trading at about 205 tomorrow but if course DYOR as eventually it will bounce if better news on corona .
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08/10/2019
09:54 | arja: last divi was 4cents and reduced from previous year . so about 1.6% unless an interim div announced . chartwise it might have done a mini DB for S32 in OZ but trading here at about 5 cents below aussie close which is a little odd. But weak pound and brexit playing a part !
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04/10/2019
05:47 | laptop15: What is the dividend % here guys?
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27/8/2019
09:15 | scotches: hTTps://www.bloomberg.com/news/videos/2019-08-22/south32-continues-to-have-a-positive-outlook-says-ceo-video
hTTps://www.sharecafe.com.au/2019/08/23/south32-halves-dividend-as-weaker-coal-prices-slash-earnings/
"The annual results from miner South32 yesterday gave us a taste of what the 2018-19 financial year was like for resource companies without exposure to iron ore – in a word tough."
"The company has slashed its final dividend by more than 50% to 2.8 US cents a share (fully franked) for the year, from 6.2 US cents a year ago. The slide in the value of the Aussie dollar will part compensate for the reduction, but nowhere near the 50% slash.
But the buyback has been expanded, which will make up more to the cut for those shareholders interested in a bit of capital management. South32 said $US762 million was returned to shareholders in 2018=19 via dividends and the share buyback
The company said that a “US$140M fully franked dividend and an increase in our capital management program of US$250M to US$1.25B, leaving US$264M expected to be returned by 4 September 2020.” demonstrated its “strong financial position.” "
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23/8/2019
07:35 | arja: yes, I rarely do a short but shorted S32 yesterday with CFd and have just closed out
even though I think it will fall a bit more in OZ . But holiday here on monday and would be unable to react to what happens in oz on monday . Now at 1p above aussie close .
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22/8/2019
21:02 | arja: wow , you must be a real gambler and hope it pays off in long term .
But it has a clear downtrending chart and I would be surprised if S32 does not
fall further in OZ tonight and OZ is lead market of course . Sometimes S32 can
surprise and I hope it happens tonight .
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12/7/2019
11:55 | arja: occasionally I get it right scobak ! ( smile ) . After the expected slight dip in OZ today , I note S32 here trading at a discount of about 1.9p to OZ closing price but
this algorythmic trading drives me mad as hard to trade against a computer ! Am tempted to buy a few at the moment using a CFD but not confident of a good finish
towards the close . No certainty that S32 has hit bottom in OZ . have a good weekend and enjoy the tennis .
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