CAPITEC LIMITED Reasons for execution
1)PWH LiquidationDATION
2)+ChoCH
3)0.382 Fibonacci
4) &
5)1.618 Fib Expansion
LongLong
BIdcorp Diamond formation ready for a break ups to R526?We need a Weekly chart as there is too much chop on the daily.
Bidcorp has been moving nowhere slowly since April 2023.
And during this time it's been moving in a Bullish Diamond Formation.
Why it's bullish is because the previous trend and pole was up.
SO we are expecting a sideways move before the break up and out of the pattern.
Next target will be at R526.74
Long
Our opinion on the current state of ETHOSCAP(EPE)Ethos Capital Partners (EPE) is a private equity fund (PEF), incorporated in Mauritius, which invests in unlisted companies for long-term capital appreciation on behalf of its investors. Like most investment holding companies, Ethos trades at a significant discount to its net asset value (NAV). Fifty-six percent of their assets are in South Africa and 39% in the rest of Africa. It has stakes in Tymebank, Ster Kinekor, and Brait. The risk in this company appears to be minimal since it does not in
Our opinion on the current state of HYPROP(HYP)Hyprop (HYP) is a leading property real estate investment trust (REIT) that specialises in high-quality shopping malls in South Africa and has some interests in Eastern Europe and Africa to the north. It owns some of South Africa's best-known shopping malls like Rosebank, Canal Walk, Hyde Park, and Clearwater. It has been impacted to some extent by the fall-off in consumer spending through lower trading densities. This share is currently trading at close to half of its net asset value (NAV) of R
Our opinion on the current state of INVICTA(IVT)The Invicta Group consists of five operational segments, namely:
1. Replacement Parts, Services, & Solutions: Industrial
2. Replacement Parts, Services & Solutions: Auto-agri
3. Capital Equipment
4. Replacement Parts, Services & Solutions: Earthmoving Equipment
5. Kian Ann Group
Christo Wiese (of Steinhoff fame) is the chairperson and owns a 37.57% shareholding. In its results for the year to 31st March 2024, the company reported revenue up 7% and headline earnings per share (HEPS) down 4%. Th
Our opinion on the current state of MC-MINING(MCZ)MC Mining (previously "Coal of Africa") (MCZ) is a small metallurgical coal-mining company with a single producing mine, Uitkomst. Aside from Uitkomst, the company is developing the Makhado project, the Vele colliery, and MbeuYashu. The Makhado project is the company's flagship operation in the Limpopo province. It is an opencast mine with a life of 16 years and the potential to be extended. In January 2019, the company announced the acquisition of surface rights which will make the Makhado proj
Our opinion on the current state of NASPERS-N(NPN)Naspers (NPN), Africa's largest company, is a massive international social media, gaming, and IT company whose main asset is 73% of Prosus (PRX), which in turn owns 26% of Tencent - a Hong Kong-listed company that provides social media services and gaming in China. Tencent has 10 of China's 20 top mobile applications, reaching over 1.1 billion users.
Naspers itself has an archaic capital structure dominated by its 907,128 unlisted "A" ordinary shareholders. Each "A" ordinary share has 1000 time
Our opinion on the current state of ORIONMIN(ORN)Orion Minerals (ORN) is an Australian exploration company listed on the JSE since September 2017 and on the Australian Stock Exchange in Sydney. The company is currently seeking funding for its copper and zinc mine in Prieska, South Africa. The Prieska mine was previously operated by Anglovaal, but ceased operations in 1990 after 20 years, during which it extracted more than 1 million tons of zinc and 430,000 tons of copper concentrate. A significant challenge for the mine is flooding, and Orion
Our opinion on the current state of PBT-GROUP(PBG)PBT Group (PBG) is a fledgling IT company in the general finance sector. It has operations in South Africa and Europe, having recently exited operations in the Middle East and the rest of Africa. The company operates in data analytics, data visualisation, application development, strategic consulting, the cloud, and data platforms. The company did a 10-for-1 consolidation earlier.
The group has established agreements with a number of European companies to expand its operations into Europe. Agre
P
Our opinion on the current state of PPCPPC is a leading manufacturer and supplier of cement, aggregates, ready-mix, lime, limestone, and fly-ash in Africa. It has eleven cement factories in South Africa, Botswana, the DRC, Zimbabwe, Rwanda, and Ethiopia with a total production capacity of 11.5 million tons. It produces aggregates at its Mooiplaas quarry in Gauteng, which is the largest aggregates producer in South Africa. It has twenty-six batching plants for ready-mix in South Africa and Mozambique.
Importantly, the company has man
Our opinion on the current state of PROSUS(PRX)On 11th September 2019, Naspers (NPN) separately listed Prosus (PRX) on the Euronext in Amsterdam to house all its international assets including its stake in Tencent, Mail.Ru, and other internet brands. Naspers holds 73% of Prosus and there is a 25% free float. One of the benefits of the Euronext listing is that it removes the risk inherent in the rand, so Prosus is a rand-hedge which rises when the rand weakens and vice versa. Prosus is now Europe's largest consumer internet company.
The main
Our opinion on the current state of RCLRCL is a large producer of food, sugar products, and chicken in South Africa, which is owned 80.4% by Remgro. The company owns a number of very well-known South African brands such as 5 Star maize meal, Farmer Brown, and Yum Yum peanut butter. It competes with overseas imports of sugar, chicken, and other foods. It was impacted by the listeriosis outbreak, which damaged the market for processed meats and caused costs estimated at about R158m. The company has been impacted by the weak economy, lo
Short
UPDATE: PPC shifted the analysis to upside target at R4.26W Formation formed on PPC and there has been a breakout of the downside since December.
The M Formation that formed I expected to breakdown never confirmed and so, the analysis has switched.l
It's not easy making analysis probabilities with low liquid penny stocks like PPC.
Funny I never thought PPC and Penny Stock would be in the same sentence but here we are and it shows how unpredictable markets are.
Price>20 and Price>200 - HPT
Target R4.26
Long
UPDATE: IMP continues to disappoint with the commoditiesM Formation is easily turning into a Triple Top
Price<20
Price>200
Need to wait for breakout for the confirmation. Then the first target will be at R38.07.
It's a bearish outlook for platinum and is a downer for the commodity, but hopefully we get a stock market run up to counter for the drop.
Short
UPDATE: Nampak smooth sailing to the first target at R271.81W Formation formed on Nampak, and we waited for the break.
Then we got the price above 200MA.
Now it's already over half way towards the first target at R271.81.
Looks good and if one wants to lock in profits by moving the stop loss above breakeven, it's perfectly fine to do so.
Long
PPH with Potential False BreakdownThe monthly chart of PPH shows we had a falling wedge from which price broke to the downside, we have had a swing low on the monthly chart, if we recover the wedge we will have confirmation that the move down was a false breakdown, this will be a very bullish setup with price expected to move swiftly to close above the purple resistance.
Stop-Loss If we get price going below R16.03 we would have a failed daily cycle meaning there is a high chance we go lower than recent low.
Long
Our opinion on the current state of CASTLVIEW(CVW)Castleview (CVW) is a real estate investment trust that owns two properties - a shopping mall in Port Elizabeth in the Eastern Cape, "Pier 14," which the company describes as a "themed lifestyle center" with 75 stores and a gross lettable area (GLA) of 30,381 square meters, and Cravenby Shoprite which has a GLA of 3,301 square meters. It intends to buy other retail centers throughout South Africa.
In its results for the six months to 30th September 2023, the company reported revenue of R1.04bn
Our opinion on the current state of CORONAT(CML)Coronation (CML) is one of South Africa's largest asset managers and the only one listed on the JSE. Founded in 1993, the company grew very well until 2015. At that point, the founding CEO resigned and a new CEO, Adrian Pillay, took over. Pillay is eminently well-qualified for the job, but things have not gone well since he took over.
The company was heavily invested in African Bank and lost a lot of money there. It was also heavily invested in Steinhoff. These missteps have caused the investme
Our opinion on the current state of MARSHALL(MMP)Marshall Monteagle PLC (MMP) is a diversified investment holding company based in the UK, with strategically located offices globally. The company is involved in procurement, logistics, and trading of various hard and soft commodities, industrial raw materials, and consumer food and non-food products. Additionally, the company holds non-operational investments in commercial and industrial properties as well as listed equities.
In its results for the six months to 30th September 2023, Marshall r
Our opinion on the current state of VUNANI(VUN)Vunani (VUN) is a black-owned financial services group with interests in asset management, investment, banking, property, and stockbroking. It also has an interest in coal mining, which has been performing well with the rise in coal prices.
In its results for the year to 29th February 2024, the company reported revenue up 2% and headline earnings per share (HEPS) of 7,4c compared with 30,1c in the previous year. From a private investor's perspective, the biggest problem with this share in the
Sasol EnergyReason for execution
1)PML & PWL LIQUIDATED
2)+BOS & ChoCH
3)0.236 Fibonacci Retracement
4) positive OF
5)1.618 Fib Expansion
Long
Long