Page 25 | Ideas and Forecasts on Stocks — South Africa — TradingView

Our opinion on the current state of ACCPROP(APF)Accelerate Property (APF) is a real estate investment trust (REIT) with a portfolio of 56 properties valued at R12.7bn, consisting of 70% retail, 15% office, and 15% industrial properties across six South African provinces. Its flagship property is the Fourways Mall, which it owns 50% of. The mall has been significantly expanded to 178,000 square meters, making it one of the largest shopping centers in Africa, with ambitions to compete with Sandton City. One of its planned features is the "Kidza

$JSEKIO - Kumba Iron Ore: Bearish Support Trendline Break See link below for previous analysis. The advance from October 2022 was in three waves which is corrective in nature. The stock has now had a strong weekly close below the support trendline which adds to the bearish. I am bearish Kumba with a price target at 32000 cps.

by Loyiso_BlaqueSoros_Mpeta

$JSEMTH - Motus Holdings: Could A Bottom Be In?See link below for previous analysis. The sell-off in Motus has not been as strong as I initially expected and this has raised the question of whether of not the stock has bottomed. The correction from 13163 to 7890 can be labelled as a double-zigzag. The bounce from 7890 looks strong so I will maintain a bullish stance above 7890 with a buy the dips strategy.

by Loyiso_BlaqueSoros_Mpeta

$JSEMTN - MTN: 7753 Invalidated, Now What?See link below for previous analysis. 7753 cps eventually gave way triggering an update of the wave count. I have shifted the terminal wave E of the (B) wave triangle and I an now counting the sell-off from 14289 cps as an ending diagonal/falling wedge. I maintain that a bottom is near and I will monitor price at the low trendline of the wedge. The MACD is still giving a bullish convergence signal, indicating that selling momentum is weak. I am neutral at this juncture as it is a bit late to

by Loyiso_BlaqueSoros_Mpeta

$JSESOL - Sasol: I Count Five Waves Down; 11036 cps Key Level See link below for previous analysis. Fives waves can be counted from 32381 to 11036 cps for wave of the zigzag. The bounce from 11036 has not yet unfolded in five waves to give me strong conviction but it was preceded by MACD/price bullish convergence; I am neutral to bullish at this early stage. 11036 is the key invalidation level.

by Loyiso_BlaqueSoros_Mpeta

$JSEAFT - Afrimat: Creeping Towards All Time Highs See link below for previous analysis. The leading diagonal outlook has not changed, the fifth wave seems to have extended and travelled beyond the upper trendline creating an overshoot. An alternative; instead of being a leading diagonal, this pattern could be an ending diagonal which would call for a steep decline in price at the completion of wave 5. I am neutral at this juncture.

by Loyiso_BlaqueSoros_Mpeta

Our opinion on the current state of KUMBA-IO(KIO)Kumba (KIO) is a highly successful iron mining operation that is 79% owned and controlled by Anglo American. The share price saw a significant drop to R223 in March 2020 due to COVID-19 but recovered to R668 before falling again after the March 2022 quarterly results. Notably, exports account for 94% of the company's total sales, making it less reliant on local sales but more vulnerable to the strengthening of the rand and the efficiency of rail transport to ports. To mitigate its reliance on E

Our opinion on the current state of AMPLATS(AMS)Anglo American Platinum (AMS), or Amplats, is the world's second-largest platinum-producing company (after Sibanye), responsible for a significant portion of global platinum production. Anglo American owns 77.62% of Amplats. The company was a pioneer in the South African platinum mining sector, shifting from expensive deep-level mining to shallower, more mechanised mining operations. Over the past five years, Amplats has reduced the number of its mines from 18 to 7, cut overheads by 50%, and hal

Grinship JSE above 1 Week VWAP.Grinship JSE is above the 1 Week VWAP. However this stock has a low volume trade. The latest SENS seems to taken as a positive signal due to the upcoming Capital Reduction. As with all Investment's one must do their own research or get expert advice. I hope this ticker is discussed on the Business TV news so more insight can be gleaned. If you do Trade, always use a trailing Stop Loss to protect your Capital. Regards Graham.

Our opinion on the current state of BHP(BHG)BHP is a global commodities company headquartered in Melbourne, Australia, with a workforce of 62,000 primarily based in the Americas and Australia. The company processes a diverse range of minerals, oil, and gas, including copper, iron ore, coal, oil, and gas. BHP owns significant interests in several major mining operations worldwide: - **Escondida Mine** (Chile): BHP holds a 57.5% stake in this mine, which is one of the world's largest producers of copper and also yields gold and silver. - *

Our opinion on the current state of ACCPROP(APF)Accelerate Property (APF) is a real estate investment trust (REIT) that manages a portfolio of 56 properties valued at R12.7 billion. The portfolio is distributed across six South African provinces and comprises 70% retail, 15% office, and 15% industrial properties. The company's flagship property is the newly expanded Fourways Mall, in which it holds a 50% stake. Fourways Mall has more than doubled its size to 178,000 square meters, claiming the title of the largest shopping center in Africa. T

Northam just broke out of its cup and handle Cup and Handle formed on Northam and the momentum is looking good for upside. As many brokers and market maker in SA don't allow trading PLatinum, the only next options we have are platinum stocks. So this one is one that is almost mimicking the precious metal. We are seeing price above 20 and 200MA. And this means it's a High probability analysis... Target R167.75

Our opinion on the current state of TRENCOR(TRE)Trencor's (TRE) primary asset is its 47.78% ownership of Textainer, a US-listed company specializing in the rental of shipping containers (Twenty-foot Equivalent Units or TEUs). Notably, Trencor spent R100 million buying back its own shares between 4th October 2018 and 6th December 2018. Investors have expressed dissatisfaction with Textainer's performance compared to its competitors. For instance, Triton had a return on equity of 16%, while Textainer's was only 1.7%. Trencor has unbundled its

Our opinion on the current state of RICHEMONT(CFR)Richemont (CFR) is the world's second-largest supplier of luxury goods, controlled by the Rupert family in Stellenbosch. Its sales are entirely located overseas, making it an excellent rand-hedge. The company’s luxury brands include Mont Blanc, Cartier, Lancel, Jaeger-LeCoultre, Van Cleef, and Piaget. Richemont has boosted online sales to 21% of turnover by acquiring Yoox-Net-A-Porter (YNAP), Watchfinder, a UK online group, and entering into a joint venture with the online giant Alibaba. This jo

Our opinion on the current state of BELL(BEL)Bell (BEL) is a manufacturer and distributor of heavy and earth-moving equipment to the mining, construction, agriculture, and waste management industries. The company has been directly impacted by the slowdown in construction since 2008 and the collapse of the mining industry. Bell's articulated dump trucks are exported worldwide from South Africa and Germany. Bell also has dealerships for several other global manufacturers, giving it a product range of over 120 products. Roughly 60% of its bus

Our opinion on the current state of M&R-HLD(MUR)Murray and Roberts (MUR) is a large South African construction company that has suffered from the sub-prime crisis and the slump in construction spending following the 2010 World Cup. This brought the share down from a massive double-top formation at around R100 per share to a low below R5 in May 2020. The company has been consolidating and reducing costs. It has transformed itself into a "...multinational engineering and construction Group focused on the natural resources market sectors..." wit

Our opinion on the current state of NORTHAM(NPH)Northam (NPH) is a fully empowered platinum mining company operating in the Bushveld complex. In the current difficult legislative environment where the 3rd mining charter is regarded as unfriendly from an investment point of view, Northam is probably the only mining house buying up new properties. It has come to an arrangement with Anglo American to exploit a property adjacent to its Zondereinde mine (the deepest platinum mine in South Africa). It has also bought Eland Platinum from Glencore f

Our opinion on the current state of SASFIN(SFN)Sasfin (SFN) is a banking group that specialises in various types of finance for small businesses and high net-worth individuals. It was listed on the JSE in 1987. The company has been investing heavily into its digital platforms and acquisitions. The share was in a strong downward trend, and we advised investors to wait until there was a measurable turn in the price, such as an upside break through its long-term trendline, before investigating further. That upside break has not yet occurred,

SHC Shaftesbury Capital, formerly Capital & Counties Properties plc, is a United Kingdom-based property investment and development company focused on sites in the West End of London, including Covent Garden, Chinatown London and Carnaby Street, Soho. A name via my screen. An appealing medium term structure.

Our opinion on the current state of PICKNPAY(PIK)Pick 'n Pay (PIK) is a retail grocery chain with over 2000 stores, mostly in South Africa, but also in the rest of Africa. The company was started by Raymond Ackerman in 1967 and became the dominant grocery retailer over time, before being displaced by Shoprite/Checkers. Summers has once again resumed the role of CEO, following his stint at Pick n Pay as CEO between 1999 and 2007. In its results for the 52 weeks to 25th February 2024, the company reported turnover up 5.4% and a headline loss of

Our opinion on the current state of A-V-I(AVI)Anglovaal Industries (AVI) is a diversified producer of consumer products in the food, cosmetics, and apparel sectors. It boasts a range of well-known South African brands such as I&J fish, Five Roses tea, Salticrax, Frisco, Provita, Yardley, Spitz, and Kurt Geiger. The company announced that it had sold its Australian seafood company Simplot for R633 million, yielding a net after-tax profit of about R370 million. Over the decades, AVI has undoubtedly been one of the best blue-chip shares tradi

Our opinion on the current state of ACSION(ACS)Acsion (ACS) is a real estate investment trust (REIT) with properties mainly in the retail sector. The portfolio is worth R8.3 billion with a gross lettable area (GLA) of 37,628 square meters across 9 properties. In its results for the year to 29th February 2024, the company reported revenue up 21% and headline earnings per share (HEPS) down 18%. The company said, "A continued area of focus is investment in renewable sources of energy to mitigate energy shortages and allow for operational cost e

Our opinion on the current state of CAPITEC(CPI)Capitec Bank (CPI), now the country's largest bank by customer numbers (21,1m), was launched by PSG and has been a major disruptor in the South African banking system. It has steadily taken retail market share from the other banks by offering a cheaper and easier solution, especially for the previously unbanked section of our population. The company is adding about 90,000 funeral policies every month. In our view, this share is a "must-have" for any private investor's portfolio. Capitec's pare

$JSEEQU - Equities Prop Fund: Tracking A Leading Diagonal See link below for initial coverage. The bounce from 1036 looks to be unfolding as a leading diagonal, characterized by the overlapping waves. Leading diagonals are common after strong sell-offs and the market has bottomed. I will be looking at wave 5 to terminate at the same price level or above wave 3 to complete wave (1) and then monitor the pullback for wave (2) which must terminate above 1036 to validate the bullish outlook.

by Loyiso_BlaqueSoros_Mpeta