Thungela Resources Share Discussion Threads

[mortimer7] 20/4/2023 08:45

Ex Dividend day today 20th April.

[casket1] 19/4/2023 13:19

Divi is about 16% of current share price, so potential drop from 900 to 760 initially at open (before upward movement)

[ahhh luke warm] 19/4/2023 12:47

So are we anticipating a drop to circa 700 / 720 tomoz then with maybe a bit of trading action taking place 700+ depending on how many chuckle brothers decide to press the buy button?

[1viky] 19/4/2023 12:29

This dows not include tha Australian asset contributions

[davius] 19/4/2023 10:12

For anyone interested, they can see the SA price via the Thungela web site:

hxxps://www.thungela.com/investors/share-price

It's regained about 10% of the ex-div fall, which if repeated here would represent a gain of 17p or so.

[spindoctor111] 19/4/2023 08:40

The UK market is muddled...

SA exdiv is today. UK exdiv is tomorrow.

I think today's UK LSE fall of up to 5% reflects that.

[spawny100] 19/4/2023 08:30

Ah thanks davius seems I was wrong. Dividend max has exdate of today but I think that's for SA shares!

[spawny100] 19/4/2023 08:28

That's a pretty amazing open for an exdiv day of around £1.77 (-20% wht)

[davius] 19/4/2023 08:28

Ex-div tomorrow, around 178p.

[stevenrevell] 19/4/2023 08:13

Is it divi day today what is it per share in pounds

[casket1] 18/4/2023 09:39

And rebounded straight back this morning.....

[sbb1x] 17/4/2023 17:22

Closed @days low.

[davius] 14/4/2023 13:56

Nine quid seems to be providing a bit of resistance. I was attracted here by the exceptionally high yield and recently weakening share price. Just a small punt, 500 shares at 861p.

Was hoping for a run up to about 950p before ex-div. Still possible.

[tempted] 13/4/2023 09:51

With coal prices steady and ex-div next week (div impact 20.35% before tax) expecting some support. Always interesting to hear price predictions but with no evidence there is really no point.TGA was always more risky, not for widows and orphans - mainly due to unpredictable coal futures and transportation issues in SA. Sense there will be an interesting sector dynamic now GLEN have confirmed they will spin out their coal business into a separate company.

[sogoesit] 12/4/2023 20:08

Thanks e43... post 971
Cheers

[sbb1x] 11/4/2023 14:17

Will post again after ex dividend date.

[sbb1x] 11/4/2023 11:38

https://www.barchart.com/futures/quotes/LVH23Zar 40 = 1.76 Let's see after dividend date

[1jbrisky] 11/4/2023 09:55

SBB
How do you see this dropping more than £3 after paying out a £1.42 Divi?
Please explain your thought process.
Or are you just hoping to pick up a few on the cheap with your parasitic ranting?

[sbb1x] 11/4/2023 08:14

See this hitting 550 after divi

[wolfofhounslow] 11/4/2023 08:11

Would be close to 1100 anyways before ex divi

[spawny100] 11/4/2023 08:09

Nobody knows. Probably. If you think it won't then it's probably a buy right now!

[allstars001] 11/4/2023 08:05

Will it really drop the 20% on ex-divi?

[wolfofhounslow] 07/4/2023 13:42

Final cash dividend declared of R40.00 per share, taking full year dividend to R100.00 per share. R13.8 billion returned to shareholders in relation to 2022