Page 21 | Ideas and Forecasts on Stocks — South Africa — TradingView

Our opinion on the current state of GFIELDS(GFI)Gold Fields (GFI) is a relatively high-cost international gold mining house with a single mine in South Africa, South Deep. Acquired by Gold Fields in 2006, South Deep has struggled to achieve profitability, with the company investing a total of R32bn (R22bn for the purchase and R10bn for development) over the past 14 years. Brett Kebble famously described South Deep as "The world's most expensive long drop..." due to its challenges, being 3 kilometres deep and technically complex. Despite these

Our opinion on the current state of GRINDROD(GND)Grindrod (GND) is an international freight and financial services company operating in twenty-eight countries. In mid-June 2018, Grindrod unbundled and separately listed its loss-making shipping division, Grinship (GSH), which accounts for the significant drop in the share price at that time. The company is now focused on its two remaining divisions—freight and financial services. Grindrod owns the North-South railway line from Beitbridge to Victoria Falls and operates port terminals in Richards

Our opinion on the current state of HARMONY(HAR)Harmony (HAR) was historically considered South Africa's most marginal gold mine until it effectively brought the Mponeng gold mine into operation. The development of Mponeng and its processing plant is expected to cost approximately US$2.8 billion, and Harmony currently lacks its share of the required capital, around R20 billion. In 2021, the company purchased Mponeng gold mine for R4.2 billion. Mponeng is the world's deepest mine, presenting all the challenges associated with ultra-deep level

Our opinion on the current state of ADCOCK(AIP)Adcock (AIP) is a leading supplier of pharmaceuticals to both the private and public sectors in South Africa, with diversification into India and other sub-Saharan countries. The pharmaceutical industry in South Africa is heavily influenced by the government's "single exit price" (SEP) mechanism, which determines the price for each type of medicine. In 2019, Adcock was only permitted to increase its prices by 1.3% on regulated medicines. This "cost-plus" pricing approach limits the company's abi

Our opinion on the current state of CASHBIL(CSB)Cashbuild (CSB) is the largest retailer of building materials and related hardware in Southern Africa, focusing primarily on the home improvement market. In the context of the currently depressed economies in the region, much of the company's growth has been driven by the opening of new stores. This strategy positions Cashbuild to survive the economic downturn and benefit from any general recovery in Southern Africa's economic conditions. In its results for the six months ending 24th December 2

Our opinion on the current state of GTCSA(GTC)GTC is a property group operating in Central and Eastern Europe with a diverse portfolio of properties in key cities such as Warsaw, Bucharest, Budapest, Belgrade, Sofia, and Zagreb. The company manages forty-seven office buildings and six retail properties with a gross lettable area (GLA) of 829,000 square meters, valued at approximately 2,35 billion euros. GTC is listed on both the Warsaw Stock Exchange (WSE) and the JSE. In its results for the six months ending 30th June 2024, GTC reported r

Sibanye finally broke out of the medium term downtrend channel Sibanye is looking super bullish as of today. It broke out of the medium term downtrend since April 2024... Now we are seeing a rounding bottom along with the price above 20MA. First target is set to R24.58

Our opinion on the current state of JUBILEE(JBL)Jubilee Metals Group (JBL) is a diversified metals recovery company that specializes in re-processing mine waste and surface materials. It is dual-listed on the London AIM market and the JSE's Alt-X. The company has operations 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 (PGMs) and chrome, with its primary asset being a 63% stake in the Tjate project. The Tjat

Our opinion on the current state of CURRO(COH)Curro (COH) is a private education group focused on building and operating schools from early childhood development up to matric. The company is a spin-off from PSG, which holds 17.2% of Curro. The group capitalized on the declining quality of government education in South Africa since 1994, leading to rapid expansion as it built and acquired more schools. Curro's tertiary education division was unbundled on 3rd October 2017 and separately listed on the JSE as Stadio (SDO). At its peak on 30th

Our opinion on the current state of BLUETEL(BLU)Blue Label Telecoms (BLT) is a company that specializes in selling secure tokens of value, such as airtime, starter packs, and electricity. A significant part of its operations has been influenced by its 45% stake in Cell-C, acquired in September 2016. The acquisition, which cost R7.55 billion, including R3.9 billion paid through the issuance of 272 million shares, has had a substantial impact on Blue Label's financial performance due to the challenges faced by Cell-C. Cell-C's financial troubl

Our opinion on the current state of DRDGOLD(DRD)DRDGOLD (DRD) is the JSE's oldest listed company, having been listed in 1895. The company is now focused on gold surface treatment operations, which have an all-in sustaining cost of extraction of just over R627,247 per kilogram. This compares favorably to the average received gold price of R917,996. DRDGOLD's operations involve re-treating surface dumps that still contain traces of gold, which can be profitably extracted using modern methods. One of the main benefits of this type of operation

Our opinion on the current state of SPURCORP(SUR)Spur (SUR) is a well-known franchisor with 701 fast-food restaurants. In South Africa, it has 559 restaurants, with 80% of them able to trade during load-shedding, and it also has branches overseas. About two-thirds of its sales in South Africa come from Spur Steak Ranches, with the remaining balance coming from a variety of franchise brands that the company has acquired over the years. These include John Dory, Panarottis, and more recently, RocoMamas and Hussar Grill. It appears that while the

Mondi Approaching Headwinds Mondi has had a stellar run, price is now at level where the Russian war panic set in, this is also a confluence of resistance, the horizontal line meets the resistance of the rising wedge as well as the 100% retracement zone of the Russian panic. With RSI overbought & in week 8 of a weekly cycle, odds are we are topping. Week 9 is a favourite high for previous weekly cycles. We can attempt higher price but close the week with a wick before selling begins. Longs would be better off harvesting so

Our opinion on the current state of NEPIROCK(NRP)Nepi-Rockcastle (NRP) is a R124bn real estate investment trust (REIT) that operates more than 56 shopping malls across nine Central and Eastern European countries, with significant operations in Poland (24%), Romania (35%), Slovakia (9%), Bulgaria (8%), Croatia (5%), and Hungary (11%). The share experienced a significant drop alongside the rest of the Resilient group following the release of the 360ne report in January 2018, falling from a high of R217 in December 2017 to as low as R99 in Novemb

Our opinion on the current state of SASOL(SOL)Sasol (SOL) is a massive international chemicals and energy company with roots in the oil-from-coal technology developed during the apartheid era in South Africa. About 50% of the company's profits are directly linked to the oil price. It has two main growth areas: its 50% stake in an ethane cracker plant in Louisiana, America, known as the "Lake Charles Chemical Project" (LCCP), and its development of gas resources in Mozambique. Sasol was awarded two new licenses in Mozambique to explore for g

Sanlam broken above W Formation and new target set W Formation formed on Sanlam and the price has broken above the neckline. Nature: High Probability Price>20 and 200MA Downtrend broken which tells us the bulls are in charge (action line) Target R97.11

Naspers double breakout pattern for great upside Falling Wedge and Cup and Handle has formed on Naspers. The price broke above the Wedge also a downtrend. It seems like it's going to follow Ten Cent and world markets. Nature: High probability Price>20 and 200 Target R4436.84

Richemont just broke out of the Falling Wedge target R327 Falling Wedge (Flag pole) has formed over the last few months. We then had a breakout above the Wedge alone with a breakout above the downtrend (Action line) We believe the nature of the analysis is High probability where the price is above 20 and 200MA. The target is at R327.51

Netcare Breakout confirmed for upside to R16.53 After a couple of tests the price has finally broken above the W Formation (Neckline and Downtrend). The price is above 20 and 200MA which makes it a high probability analysis... It looks great for upside to R16.53. 'I'm bullish

MTN BEARISH ?MTN just made the first loss in Nigeria in 8 years. I expect the market share price to decline by 7%

by Qongo_capital

Our opinion on the current state of KAP KAP International Holdings (KAP) is a diversified industrial company that produces and markets timber, chemicals (PET and related chemicals), bedding, and car parts. It also has a logistics division. The acquisitions of Safripol and Hosaf were integrated into a polymers business under the Safripol name. The bedding division showed strong growth with new investment in infrastructure and manufacturing capability, while growth in the automotive parts division was muted. The company was 43% owned by

Our opinion on the current state of MASTDRILL(MDI)Master Drilling (MDI) is a South African company specializing in drilling exploration and other holes for the mining industry, and it has diversified into drilling for hydro-electrical projects and construction. The company has moved away from the South African mining industry and now provides services in North and South America, Europe, and elsewhere. It has developed a new horizontal drilling technology, or tunnel boring machine, which could revolutionize the mining industry worldwide. This te

NEDBANK south Africa chart The chart herein shows how the NEDBank stock analysis..... I expect the stock to keep rising to the top. I will thereafter relook at the chart once we hit the top. Kindly also check teir financials from website Good luck

Tiger Brands: Set to Roar?breaking out of a base. as for me, i just like the stock.