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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Thungela Resources Limited | TGA | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -5.00 | -0.84% | 589.50 | 10:35:44 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 592.50 | 588.50 | 599.50 | 594.50 |
| Industry Sector |
|---|
| MINING |
| Top Posts |
|---|
Posted at 11/3/2024 23:11 by sturmey HunterYou are spot on.TGA is as cheap as chips.But most private investors only buy as part of a crowd.Be contrarian! Fill your boots now!I am long oil, uranium and coal. Go for itSturmey |
Posted at 09/5/2023 12:47 by casket1 Suspect it is a result of automatic dividend re-allocation back into TGA sharesSome investors don't take the divi but have this converted to shares at the point of payment to increase their holding without paying for commissions.... think charge from interactive investor is £1 Expecting 22/09 divi at 213p Racing towards that 500p predicted target lol |
Posted at 19/4/2023 09:12 by davius For anyone interested, they can see the SA price via the Thungela web site:hxxps://www.thungela It's regained about 10% of the ex-div fall, which if repeated here would represent a gain of 17p or so. |
Posted at 09/3/2023 17:21 by 1viky Have you seen today's Trading Statement issued by the Thungela.HEPS expected to be 130-133 randEpS e pected to be 125 to 129Thungela Resources Limited Trading Statement for the year ended 31 December 2022THUNGELA RESOURCES LIMITED(Incorporated in the Republic of South Africa)Registration number: 2021/303811/06JSE Share Code: TGALSE Share Code: TGAISIN: ZAE000296554Tax number: 9111917259('Thungela |
Posted at 26/1/2023 09:19 by wallywoo Tga are a coal only miner. The reason why they were spun out is the huge world wide hatred of coal, for environmental reasons. It's a PC nightmare investment!Glencore are marketing and mining global giant providing many needed metals, energy, agriculture, recycled resources. They are a huge diverse group. Coal is barely tolerated there, but only to fund the copper expansion. Results for 2022 will be great, but where is the future here?? That and that many funds and investors refuse to invest in companies that are bad for the environment now. So buy for the dividend if you must, but it's highly possible that the share price will fall more when it goes xd. How many more years will there be a good demand for coal? Will the mining countries continue to allow coal mining? Future looks bleak imo. Share price is derived from the present value of all future dividends, so how many more are likely? 3-4 years is my guess. |
Posted at 19/1/2023 15:50 by e43 Welcome to any new TGA investors,you join at an interesting price point,price often moves suddenly either direction,which also makes it a great trading share .Logistics issues ie having to rely on the v poor SA railways to get coal too market are more of a concern going forward than coal price or mining issues. |
Posted at 06/10/2022 10:45 by 1viky Thungela Resources Limited TFR StrikeSource: UK Regulatory (RNS & others)TIDMTGARNS Number : 0408CThungela Resources Limited06 October 2022THUNGELA RESOURCES LIMITED(Incorporated in the Republic of South Africa)Registration number: 2021/303811/06JSE Share Code: TGALSE Share Code: TGAISIN: ZAE000296554Tax number: 9111917259('Thungela |
Posted at 22/9/2022 19:59 by saltraider Hey JakNife ... isn't that all far too stressful and worrysome? There will be a perfect time to sell TGA. You will 100% not manage to find it.Better to buy and hold ... at a lifestyle level, for sure. This stock is going to deliver big lumps of cash to investors for several years to come (my dividends after tax are already over 80% of my initial investment in TGA ... and that cash flow is not going to dry up any too soon.) TGA is a gift that will keep on giving for a few years yet and I am just happy to profit from that without worrying (eyes "like a hawk") all the time about whether I am timing every buy-sell decision just perfectly. I think it pays to chill a little. |
Posted at 22/9/2022 08:36 by casket1 Yeh, opened £2.50 lower, at £15.90, but climbing back up as we speak, now £16.30 to buy.Still think it will be down on the day, as I suspect a few investors to have already sold, but I don't see it lower than the £2.40 divi, especially given the buy / sells ratio at the minute Time will tell, happy to see it back over £17..... |
Posted at 13/9/2022 09:29 by eggbaconandbubble This is from CNBC Pro on Coal. Apparently - copied from GLENCORE bb."Coal prices are at record highs amid a looming global energy crisis, and market watchers believe prices still have further to go. The clean energy transition was expected to herald the demise of coal — the most pollutive of all fossil fuels. Instead, the price of thermal coal used for power generation has surged nearly threefold since the beginning of the year. The global push to curb carbon emissions has hit a roadblock as governments scramble to secure their energy needs amid supply bottlenecks caused by the Ukraine war. Russia’s move to cut off gas supplies to Europe has also forced the bloc to seek alternative fuel sources ahead of the cold winter months — including coal from Australia. Investors should buy coal-related equities to cash in on the booming demand, according to Peter O’Conner, senior analyst at Sydney-based boutique investment firm Shaw & Partners. “Coal equities across the globe will do well, and the tailwind they have had from their lows in June 2020 will continue to stay high. The cash they generate is extraordinary,” His favorite stock pick in Australia is coal producer Whitehaven. The company delivered a standout performance for the recent financial year, reporting record net profit and revenue. It also generated 2.6 billion Australian dollars ($1.79 billion) in cash from its operations during the period, a huge increase from the $169.5 million generated the year before. “Whitehaven could effectively buy back almost 10% of its company every month at the moment, given how much cash it’s generating,” O’ Conner said. The company also pays good dividends. Whitehaven has a dividend yield of 7.4%, which is significantly higher than the industry average of 3.5%, according to FactSet data. To be sure, there may be limited short-term upside for the stock after a meteoric rise this year. Shares in the company hit a 52-week high of AU$8.74 last week, giving the stock a gain of around 220% since the beginning of the year. But it remains a favorite among analysts, FactSet data shows, with a 71% buy rating on the stock. Meanwhile, Kenny Polcari, chief market strategist at Slatestone Wealth, named U.S. coal mining firm Peabody Energy as a favorite in the space. The Missouri-based firm has also benefited from soaring coal prices this year and shares of the company are up more than 100% since the start of 2022. Meanwhile, coal prices look set to remain high for the foreseeable future. Spot physical coal loaded at Newcastle port in Australia was priced at $441.19 a ton on Monday, trading around an all-time high, according to Eikon data. Coal futures are also trending higher. Eikon data showed contracts for October delivery of Newcastle coal were priced at $430.60 Friday, after hitting an all-time high last week. Data aggregation platform Trading Economics has forecast coal prices to trade at $461.49 by the end of September, before rising to $551.06 in 12 months. O’Connor also expects coal prices to stay higher for longer. “With hydro production levels of electricity low and energy price in Europe very high, the price for coal will stay higher… if [coal price] stays above $425/ton…That& |
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