Thungela Resources Share Discussion Threads

[sogoesit] 15/5/2023 09:50

I'm constantly surprised at where the price is, and has been, and probably will be on this one.

Not sure it's impossible to value the downside 'tho. The first signal to look out for in a doom scenario will be the closure of mines in the country imv.

[casket1] 12/5/2023 13:37

Going all the way to £9.38.......did my own research (or just wildly picked any figure I like since this appear to be the norm on here)

[sbb1x] 12/5/2023 13:06

Nice bounce, real deal or still heading lower...

[sbb1x] 12/5/2023 10:50

BREAKING: ?? South Africa's rand has fallen to a record low against the US Dollar

[sbb1x] 12/5/2023 10:45

Sellers out weighing buyers

[spawny100] 12/5/2023 08:35

Time to be adding more rather than selling imo but each to their own.

[trader465] 12/5/2023 08:31

Next support 500p, if it doesn’t hold it’s going back to 3-400p

[hiddendepths] 12/5/2023 08:27

Went xd weeks ago!

Falling knife now. People selling because they're hurting on this one and are scared how much further it will fall before it levels out.

[sbb1x] 11/5/2023 15:51

See this hitting 550 after divi

[oomjk] 11/5/2023 06:29

What seems to be the consensus view of Thungela's dividend yield for 2023 given the current outlook on coal prices? And, what influence will their newly acquired Australian mine have on their income?

[trader465] 10/5/2023 15:15

The coal price spike is over, these will be back to 2021 levels 3-400p

[1knocker] 10/5/2023 15:06

A few more days of these price movements and it will be time to buy more! This is either wildly overvalued, or wildly undervalued. This price can't possibly be right.

[spawny100] 09/5/2023 16:29

Lol have you got many higher yielding shares?

[lyceeuk] 09/5/2023 16:26

so the div yield is not as great as it looks

[spawny100] 09/5/2023 16:16

20% SA withholding tax in an isa

[lyceeuk] 09/5/2023 16:14

i hold shares in a halifax isa my div was 1.78276 per share but halifax only paid 1.42625 into my account,any one know why this is less than the stated div ??.thanks

[casket1] 09/5/2023 13:47

Suspect it is a result of automatic dividend re-allocation back into TGA shares

Some 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

[sogoesit] 09/5/2023 11:09

Who knows, from this morning's price action, the market may be pricing in the next dividend as well... rather than that recently "signalled" 500p?

[1knocker] 09/5/2023 10:15

A very welcome contribution to my funds from TGA this morning!

[sogoesit] 05/5/2023 18:39

"People who held for the dividend were clearly wrong to do so."

Pardon?
My arithmetic says holding, to sell post ex-dividend at, say, 770 or 740 was profitable or break-even from pre-ex 885 in a tax wrapper.

However, "500" isn't necessarily random; as can be seen as next support for a break below current price on the chart.

Then again, selling out at around 500 would have yielded close to 80% return in about a year. Not bad, not bad!

As the saying goes "It all depends..." and "traders" are there to induce fear, or optimism, in weak holders. Will they bite?

[casket1] 05/5/2023 16:08

Then perhaps you would care to illuminate us to your calculation of 500p

I might as well say this is going to 1000p

Lets start with how much the company is valued at and go from there.....