Thungela Resources Share Discussion Threads

[drooyrich8] 05/1/2024 06:34

Good time to get back in ??

[e43] 13/12/2023 14:57

Having just listened to the conference call,I think final dividend will be a little lower(1.8 billion Rand approx)
My take fr the cfo's comments was they will hold the 2.8billion (for completion of SA expansion (Elders etc) on top of the 5billion cash buffer.So 9.6b-7.8b=1.8b free to distribute.
They seem v positive regarding Australia going forward.

[e43] 13/12/2023 13:12

Yes update generally positive, 3billion rand total H2 distribution looks about right ,didn't see any mention of any sharebuyback though (which longterm mathematically makes sense)

[sogoesit] 13/12/2023 10:21

Net cash compared to last year at this time about half (R10bn vs R20bn).
I note that they don't give a Headline EPS estimate as they usually do.

Still, cash is good so maybe we will get some of it (R3bn?), which i make to be 90p/share gross at R24/GBP.

[sbb1x] 24/11/2023 14:07

Looking to get back in now

[maty] 24/11/2023 08:09

Why is it dropping

[arja] 08/11/2023 15:36

awful looking chart and expect more downside sadly

[sbb1x] 31/10/2023 14:01

U.S. NATURAL GAS FUTURES EXTEND GAINS, PRICES UP BY 5%

[sbb1x] 29/10/2023 08:48

Ukraine will not extend the agreement on the transit of Russian gas to Europe - head of Naftogaz Alexey Chernyshov

[planit2] 28/10/2023 11:29

It's knocked on the door twice, a nice round number and lots of people might be happy with £8 after the huge drop.

Either a further rise in coal price needed or consolidation whilst the sellers get exhausted.

[casket1] 27/10/2023 14:29

need to see this break through £8 and stay there....

[sbb1x] 23/10/2023 12:30

BIDEN FEARS WIDER WAR IN MIDDLE EAST: AXIOSWhat's gonna happen to oil and coal :)

[yawn1971] 18/10/2023 13:54

Maybe it doesn't like the 8s after all

[arja] 18/10/2023 08:33

is south africa lead market for this stock as probably much bigger volume there . Certainly it has now pulled back after bright start and trading in line with SA close ?

[sbb1x] 18/10/2023 08:32

Expecting coal to spike soon. This will follow it up.

[arja] 18/10/2023 08:16

lovely short term uptrending chart but seemingly not backed up by good fundamentals . BUT others will have looked at that more closely as I am just a simple trader of none SD stocks using charts .

[sogoesit] 17/10/2023 09:48

Impressive price action.
All US coal stocks doing well as well. Well well!

[888icb] 16/10/2023 08:48

If TGA closes above £8 today that will be a good start. If the steady rise of £1 per month continues that will be fine by me. It was also good to receive the dividend this month. A good share to hold particularly as we move towards winter.

[sbb1x] 16/10/2023 08:39

Coal just keeos movung higher, see this going back to 12 pounds.

[cottlet] 13/10/2023 12:05

coming into winter surely price will continue upwards.

[sbb1x] 06/10/2023 02:55

Germany will bring several mothballed coal plants back to the market this winter to ensure that Europe's largest economy can keep the lights on when demand peaks.The nation finds itself in a tight spot after the phase-out of its last remaining nuclear reactors in the spring is set to curb power supply even further this winter. Last year's energy crisis – which sent gas prices to record highs forced the country to lean more heavily on burning coal to produce electricity.

[1knocker] 04/10/2023 13:16

Try Diversified Energy, XP Power, Spirent, Steppe Cement, for movement.The list goes on and on, and across all sectors. I am not so sure this is a wild share; just a share in a wild and fearful market.

[sbb1x] 03/10/2023 11:10

Swings on this 776 to 711.What a wild share :)