Page 16 | Ideas and Forecasts on Stocks — South Africa — TradingView

Our opinion on the current state of INSIMBI(ISB)Insimbi (ISB) is a group that manufactures and supplies specialist products to the industrial sector. They source, buy, package, and process ferrous and non-ferrous alloys, refractory and foundry materials, plastic blow-moulding, and injection moulding. They recycle metal alloys and provide technical support to users of their products. In its results for the year to 29th February 2024, the company reported revenue down 2% and headline earnings per share (HEPS) down 54%. The company said, "Price

Our opinion on the current state of AFRIMAT(AFT)Afrimat (AFT) is an open-pit mining company that supplies composites, construction materials, and other commodities to a range of industries in Southern Africa. Until the end of 2015, Afrimat was one of the best-performing shares on the JSE. The share broke up out of a 3-year sideways pattern, which included the COVID-19 crisis. It rose to a peak of R76 on 6th April 2022, but has been declining since then as the commodities cycle came to an end. The acquisition of the Demaneng iron mine in the

Our opinion on the current state of DRAGLOBAL(DRA)DRA Global describes itself as a "...multi-disciplinary engineering, project management and operations management group predominantly focused on the mining and minerals resources sector." It is listed on both the Australian Stock Exchange (ASX) and the JSE. It has its headquarters in Perth, Australia, and operates through 20 offices in Asia-Pacific, North and South America, Europe, Middle East, and Africa, with more than 4,500 staff. The company has expertise in mining, minerals, metals processi

Our opinion on the current state of BALWIN(BWN)Balwin Properties (BWN) is a developer of secure sectional title properties in South Africa. The company is now turning its attention to renting out some of the properties that it develops to improve its income. The company reports strong demand for its units and is also moving into supplying solar power and internet fibre. The share was listed 5 years ago at R10 per share but trades today for 270c. Obviously, the property development market is a function of consumers' disposable income and the

Our opinion on the current state of SEREIT(SCD)Here is the text with paragraphs added: Schroder European Real (SCD), Sereit, is a real estate investment trust (REIT) which invests in properties in Europe. The company listed in London and on the JSE on 9th December 2015. It owns a range of properties in high-growth cities across Europe, especially in London, Paris, Frankfurt, and Zurich. Its properties are logistics, office, retail, and leisure, and it targets a dividend of 5.5% per annum. In its results for the six months to 31st March 202

ASPEN nearly ready for a strong shot down to R151.06!Inv Cup and Handle has been forming on Aspen. The price is >20 and 200 showing that the momentum is down. I am eagerly waiting for a strong break below, before I look at getting into a long holding short (sell trade). My first target will be at R151.06

UPDATE: Transaction Capital ready to ride to R5.30 Medium Probability Analysis has formed on TCP. The price is below the 200 and above the 20MA. But what's important from the last update is the support level has been tried and tested and is strong at R2.30. Hopefully it is impenetrable and will keep the buying and demand up. The W Formation has formed, broken up and now we need a strong push from buyers to get this up to the first target at R5.30

UPDATE: Arcelerormittal on track to the first target to R2.22 Arc from the last update completed the W Formation. It finally broke above and what pressure there was for the buying and demand to kick in. The Price is above 20 and 200 and the momentum is strong on the up. This is a high probability long (buy) analysis Target R2.22

Calgro W Formation ready to rocket to R7.41 W Formation formed on Calgro. The price has broken above 20 and 200 MA. And despite the market crashing JSE, Calgro is heading on its way up. So the first target will be at R7.41.

Stadio trend haven heading up to R6.70?Since July, Stadio has been in a a strong trend up. I've drawn a diagonal Rectangle pattern showing the support and Resistances. So if the Path continues, we can see it coming a bit down before making it's way up to R6.70. We need to be aware of the support and resistances and if there are any breaks, the analysis may change. Until then it's going up.

Our opinion on the current state of SIRIUS(SRE)Here is the text with paragraphs added: Sirius (SRE) is a real estate investment trust (REIT), listed on the JSE and the London Stock Exchange (LSE), which specialises in office, manufacturing, and warehousing properties in Germany. The company owns 141 assets with a book value of about 2 billion euros. Obviously, this is a well-managed and growing rand-hedge, which was benefiting directly from the recovery of the German economy before COVID-19. The company has formed a joint venture (JV) with

Our opinion on the current state of JUBILEE(JBL)Here is the text with paragraphs added: Jubilee Metals Group (JBL) is a diversified metals recovery company that re-processes mine waste and surface materials. It is listed both on the London AIM market and on the JSE's Alt-X. It has operations in South Africa, the UK, Madagascar, and Australia, and it is involved in a joint venture in Zambia to produce lead, zinc, and vanadium. The company primarily produces platinum group metals (PGM) and chrome, and its primary asset is a 63% stake in the Tj

Our opinion on the current state of DATATEC(DTC)Here is the text with paragraphs added: Datatec (DTC) is an international IT and telecommunications company operating in more than fifty countries. It operates in the United States, South America, Europe, Africa, the Middle East, and Asia. Its business is divided into three main divisions - technology distribution through Westcon International, integration and managed services through Logicalis, and consulting and financial services through Datatec Financial Services and Analysys Mason. The CEO

Our opinion on the current state of EOH Here is the text with paragraphs added: Enterprise Outsourcing Holdings (EOH) was Africa's largest information technology company with involvement in almost every aspect of computer applications. At one point, the company had 11,000 staff members, but that has now been reduced to 6,151. It was, until August 2015, the darling of the JSE because it had a long track record of steadily improving profits. It made a peak of R178 per share at a P:E of 35. An unsuccessful attempt to exceed that high (i

Our opinion on the current state of METAIR(MTA)Metair (MTA) produces energy solutions (batteries) and components for the vehicle manufacturing business. It has operations in Africa and in various European and Middle East countries. The company's energy storage business is located in Turkey in an operation called "Mutlu". The business it is in has the prospect of growing rapidly as electric motor vehicles replace those powered by internal combustion engines. The company has announced its intention to split into its European acid battery busi

No DNA, Just South African.The stock is unfolding in what seems to be an inverse H&S pattern. A channel breakout gave confirmation and the neckline break will give a second confirmation.

by KatlehoThaba

SSW - Price action vs commodity price trends Commodity prices increased on upwards trend during the year, compared to SSW which declined due to reporting results of the last Q2. Even though commodity prices are up, the USD ZAR also plays a role here and the Rand was strong the last quarter which would impact the groups profitability in this Q. The rand is easing against the USD with the interest rate cuts going on and overall global uncertainty of the middle east. If you can cancel out the global noise then this stock is something to

Our opinion on the current state of BALWIN(BWN)Balwin Properties (BWN) is a South African developer of secure sectional title properties. Recently, the company has shifted some focus towards renting out the properties it develops to diversify and enhance its income streams. Despite strong demand for its units, the company has expanded into providing solar power and internet fibre solutions. When listed five years ago at R10 per share, Balwin’s share price has since dropped to 270c. The property development market is heavily influenced by the

Our opinion on the current state of JUBILEE(JBL)Jubilee Metals Group (JBL) is a diversified metals recovery company that specializes in reprocessing mine waste and surface materials. It is listed on both the London AIM market and the JSE's Alt-X. The company operates in South Africa, the UK, Madagascar, and Australia, and is involved in a joint venture in Zambia to produce lead, zinc, and vanadium. Jubilee primarily produces platinum group metals (PGM) and chrome, with its main asset being a 63% stake in the Tjate project, which contains the

Our opinion on the current state of LESAKA(LSK)Previously known as Net1 UEP Technologies, Lesaka is listed on the Nasdaq and the JSE (LSK). It is a provider of fintech products in a number of countries. Its universal electronic payment system (“UEPS”) uses biometrically secure smart cards that operate in real-time but offline, which allows users to enter into transactions at any time. In its results for the year to 30th June 2024, the company reported revenue up 11% and a net loss of R326.1m compared with a loss of R629.2m in the previous p

Our opinion on the current state of TELEMASTR(TLM)Telemaster (TLM) is a company that provides voice, data, and cloud communication services through a variety of offerings, including fixed line, fixed cellular, fixed data, and PBX services. The company operates through three main divisions: voice, cloud PBX, and internet. Its business consists of four key entities: 1. Catalytic Connections (Pty) Limited: A diversified ICT managed solutions provider serving medium and small enterprises. 2. Contineo Virtual Communications (Pty) Limited: Operates

Thungela Resources JSE:TGA closed above a key level today, I would like to see it stay above this level. Also, I want to see it trade above R130 for a more (peaceful) confirmation,

by Trend_Trader_JSE

EOH recovery JSE:EOH staging a potential Stage 2 movement. Fundamentally, EOH reported negative EPS. So, a buy idea is based solely on technical analysis.

by Trend_Trader_JSE

Our opinion on the current state of YORK(YRK)York Timber Holdings (YRK) is a South African forestry company that owns plantations, processing plants, and a wholesaling distribution network. It is the largest player in South Africa’s plywood and timber market. Founded in 1916 by Russian immigrant Herman Katzenellenbogen, the company was listed on the JSE in 1946. The National Union of Metalworkers of South Africa (NUMSA) is the majority union representing workers at York. York Timber has faced challenges over the years, particularly due to