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Share Name Share Symbol Market Type Share ISIN Share Description
South32 Limited LSE:S32 London Ordinary Share AU000000S320 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -5.80 -3.17% 177.40 177.00 177.80 181.60 177.00 181.60 426,816 16:35:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 3,959.2 30.4 -3.0 - 8,293

South32 Share Discussion Threads

Showing 201 to 225 of 425 messages
Chat Pages: 17  16  15  14  13  12  11  10  9  8  7  6  Older
DateSubjectAuthorDiscuss
26/8/2016
14:40
mixed result really and price action In OZ ( lead market for this stock ) shows that.Still a decent day trade on some days .
arja
26/8/2016
14:12
No comments on the results ? looks like a bit of a kitchen sinking exercise to me, write down as much as possible to reduce future amortization and get rid of any future hits, net net debt free now and generating a lot of cash , pretty healthy for such a big headline loss ...getting very aggressive with cutting the corp overhead, was down at in Perth earlier in the year and the mood there seemed a bit shell shocked, will be interesting to go back next year and see how things are, making some nice profits here now ...
catsick
08/8/2016
16:25
S32 in UK forecasting another up day in oz on tuesday albeot only by 2 cents ? Could well be right as resource stocks up again today !
arja
04/8/2016
21:23
S32 hit 201 in OZ but then closed only 1.5 up . Almost a one day reversal and will be interesting to see what happens on friday on OZ market .Stock still in an uptrend and hopefully another up day today .
arja
02/8/2016
06:47
depends on the stock as a spreadbet is useful if wanting to accumulate on dips during the day on an averaging up basis - but I normally prefer CFDs as added advantage under DMA and level 2 of using the opening and closing auctions which can pay off handsomely. Traded since about 2002 I think as these derivative products have not been around for many years . As I said , there is more than one way of making money on regular basis and do what suits you best assuming it gives good results . The poster who accused me of being a gambler is quite infantile as the biggest gamble is holding a stock for years or even overnight as , if dow plunged , most shares will get hit the following day . Luckily for them the DOW is near record high and no sign yet of mini crash
arja
02/8/2016
06:33
And how long have you been trading?
darias
02/8/2016
06:32
I assume you do it through cfd. Can you cofirm?
darias
01/8/2016
22:23
the secret to success is obeying the OAAT rule although occasionally I lose discipline and trade 2 at same time if one is slower moving . i do not understsnd your question as of course I look for an opportunity and have traded many stocks over the years but usually OAAT as I said .Often a good stock to trade is one at an all time high if going long but after an intra- day dip.Today I bought BT when it was oversold and closed out just before the close .
arja
01/8/2016
16:19
If you are using charts how many stocks do you trade each day. I do not want to know how many positions you take but the number of stocks that you take a position in.
darias
01/8/2016
16:08
nonsense and maybe it is you who is the idiot . There is more that one way of making money and you will be blissfully unaware of charts and ignorant in that field as it is far from gambling . Fo some years I have used chartys and CFDs to trade shares ( a trade can last more than ONE day for your information ) and make quite a bit of money . The risk to capital occurs when peoople like you hang on to a stock and rarely cut losses - a trader will not make this mistake . I only pointed out to you that OZ was lead market for this stock which I doubt you were aware of !
arja
30/7/2016
16:27
Arja you are an idiot, punting around with cfd is a fast way to lose all your capital, s32 has proved a very easy way to make money as down around 50p it was clearly priced as cheap as chips while the zero gearing gives the company a huge margin of safety which makes it pretty unique in the commodity space, this has given an easy 100 pct return in a short space of time, messing around with cfd paying away spreads and financing charges gives you a negative profit expectation from the outset closing positions at the end of the day means you are gambling rather than investing, I prefer a 5 year holding period on average, hope you enjoy frittering away your small amount of capital ......
catsick
29/7/2016
18:38
very difficult to make money trading this stock as need to be sure what will happen to the stock on the lead market , OZ , if taking overnight ! If not , it becomes just a gamble which is not smart .
arja
17/7/2016
19:08
anley - CFDs is the way to go if you are in this game to make money - holding overnight is always risky unless it is just a small core holding
arja
12/7/2016
08:12
Hmm, I could have timed that better...
clinton baptiste
08/7/2016
22:58
harvester - you got your £1 today but more in this one I suspect. OZ is lead market for this stock of course and the stromg DOW will mean a bouyant oz market on momday hopefully .
arja
07/7/2016
12:42
I sold out yesterday. Market attention has been on Brexit, but at some stage focus will shift to the downwards trajectory of the yuan and the likely effect on commodity prices, imo
clinton baptiste
07/7/2016
08:58
Holding out for 100 to top-slice.
harvester
05/7/2016
12:56
Sold out yesterday and have bought myself a case of champagne.......anyone can look at my posts going back to late last year. GLEN is my other 20016 buy and still have these but I don't really post on that BB as there are too many foolish punters and they use CFD - a weapon of mass distruction...........
anley
28/4/2016
17:43
Sold another part of my holding as I just can't get my head round this announcement.
anley
21/4/2016
13:56
Agreed. From FT Alphaville today: As for South 32 ………; PM hxxp://www.investe…1604210700088588V/ PM Shares up 5% PM 94p PM It’s a clean quarterly update i think BE Yeah, have to say, it looks decent. PM Graham Kerr insisting he’s focused on value not volume BE Admirably simple and moves it into net cash. BE Production bang in line. BE There’s a question about whether it’s missed the window to buy assets at properly distressed prices, but I’m not sure I believe that even after I typed it. BE Still a lot of stuff for sale, officially speaking, and S32′s name gets linked to basically all of it. BE Here’s Barclays. BE South32 delivered a decent production quarter in 3Q with all key assets tracking in line or ahead of our FY estimates. The company reiterated production guidance for all operations, as well as controllable cost reductions and capex. The only material operational change was the ramp up of manganese ore production in South Africa in response to very strong market conditions (YTD production 81% of our estimate). Importantly, the company reported a US$134m decline in net debt since Dec-15, reaching a net cash position of US$18m as of end March. This was despite a $30m FX related increase in finance leases and $23m of one-off redundancy costs. The implied underlying FCF generation is therefore $748m annualized, or ~11% FCF yield. We remain Equal Weight on the stock. BE Alumina (19% of 2016 EBITDA): Output in 3Q16 of 1.33mt increased 2% QoQ and YTD production is tracking at 76% of our FY estimate. This was driven by a bounce back in output at Worsley (+5% QoQ) following calciner maintenance in the prior quarter. Additional maintenance is scheduled in the Dec-16 quarter. Guidance was unchanged at 3.95mt for FY16. Brazilian alumina production was down 4% QoQ and guidance of 1.32mt remains unchanged. · Aluminium (15% of 2016 EBITDA): Production in 3Q16 at 240kt was flat QoQ and YTD production is tracking at 76% of our FY estimate. South African production declined 1% QoQ as pot relining activity was deferred for the remainder of FY16. Despite that FY production is expected to be flat YoY due to lower power outages. Mozal aluminium operations were stable. · Illawarra met coal (7% of 2016 EBITDA): Total coal sales at Illawarra rose 44% QoQ reflecting the start up of the Appin Area 9 longwall. YTD sales volumes are tracking at 69% of our FY estimate. The Appin Area 9 project was completed in the quarter and commissioned following a slight delay from initially guided 2HFY16. The project will help Illawarra sustain production at current levels, and capex came in 33% below the original budget of US$845 million. Production guidance was unchanged at 8.25mt for FY16. · SA energy coal (25% of 2016 EBITDA): Production in 3Q16 of 7.7mt declined marginally, by 5% QoQ and -17% YoY. YTD production is tracking at 75% of our FY estimate and guidance was unchanged at 31.95mt for FY16. · Manganese (10% of 2016 EBITDA): Ore production in Australia was up 2% QoQ (9% YoY), with seasonal impacts in Australia immaterial. Ore sales volumes were a record in a quarter with wild swings in price. YTD ore production is tracking at 76% of our FY estimate and guidance is unchanged. Alloys production in Australia took a hit down 37% QoQ as electrictity shortages in Tasmania forced the closure of 2 out of 4 furnaces and reduced load on the remaining capacity. These are expected to return to action by June. Operations in South Africa improved with ore production bouncing 161% QoQ as mining activity was restarted in response to better prices, with capacity targeted at 2.9mtpa (100% basis). YTD ore production is tracking at 81% of our FY estimate. Manganese alloy production remained low, down 12% QoQ (-68% YoY) following the previous decision to shut down 3 of the 4 furnaces in South Africa due to low profitability. · Base metals (23% of 2016 EBITDA): Nickel production at Cerro Matoso rose 10% QoQ as grades and throughput rose following maintenance in Q2. YTD production is tracking at 76% of our FY estimate. Meanwhile silver production at Cannington declined 20% QoQ as throughput declined 18% due to a mill outage, with further maintenance to come in May and August. Silver production YTD is tracking at 75% of our FY estimate. Production guidance for nickel, silver and zinc was unchanged at 36.5kt, 21.65moz and 80kt respectively. BE BHP’s spinoff of South32 does look odd, in retrospect, given its balance sheet was built for armageddon. BE Which BHP isn’t.
clinton baptiste
21/4/2016
11:12
RNS Out ' QUARTERLY OPERATIONAL REPORT MARCH 2016 ' IMHO this looks quite good
togglebrush
11/3/2016
05:26
good performance in OZ and will see a nice up move in UK today I think .
arja
08/3/2016
16:53
Press ' http://blogs.barrons.com/asiastocks/2016/03/07/south32-soars-to-alumina-manganese-rallies/
togglebrush
07/3/2016
16:12
or 78p.......... I think most people who read my posts some months ago never traded this share.........part of the price is in the way the company controlled production and used the cash flow to repay debt. We will see........
anley
07/3/2016
16:10
Flying today
dunns_river_falls
Chat Pages: 17  16  15  14  13  12  11  10  9  8  7  6  Older
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