Page 36 | Ideas and Forecasts on Stocks — South Africa — TradingView

Our opinion on the current state of Transaction Capital (TCP) is a company with two divisions—minibus taxis and risk services. It has unbundled and separately listed WeBuyCars (WBC). Its subsidiary, SA Taxi, specializes in financing, repairing, insuring, and selling minibus taxis in South Africa and completely dominates the entire value chain associated with the minibus taxi industry. The company listed in June 2012 and until 2023, the company generated an annual compound growth in earnings per share of 21% since 2014. That ended

SLM Tuesday 21-May-2024.This is a high risk idea thus smaller positions will apply. The share has developed a 'V-shaped' reversal, with aggressive buying in recent weeks, however, the current rating reflects excessively overbought conditions into overhead resistance. Failure to hold the prior session highs would be indicative of a early price weakness and could lead to the start of a topping structure followed by a bearish reversal. As always, traders could consider the following if/when the prices

ANG: symmetrical triangle pattern?A price action above 44900 supports a bullish trend direction. Further bullish confirmation for a break above 47900. The target price is set at 50600. The stop-loss price is set at 43400. A break-up out of the symmetrical triangle pattern might trigger further upside potential.

by Peet_Serfontein

QLT: temporary correction A price action below 2560 supports a bearish trend direction. Crossing below 2520 will support further bearish strength. The target price is set at 2400. The stop-loss price is set at 2670. Downside price momentum also applicable. Remains a risky trade as the price action is against the general upward trend direction of the incliig channel patter.

by Peet_Serfontein

Our opinion on the current state of ALTRON-A(AEL)Allied Electronics Corp, or Altron (AEL), is an information and communications technology company founded by Bill Venter in 1965. Recently, the company has been refocusing on its core business, which has involved selling its 80% stake in Powertech and its 100% subsidiary, Altech UEC (a developer of set-top boxes). Powertech was also sold to a BEE consortium. Altron is currently in the process of selling CBI Telecom Cables. The company operates in six African countries, as well as the UK and Aust

Our opinion on the current state of ISA Holdings (ISA) ISA Holdings (ISA) is a small Alt-X listed IT company that operates in sub-Saharan Africa, specializing in network, internet, and information security. The company is recognized for employing some of the leading IT security specialists in the region and boasts a robust set of tools and experience to deliver effective information security solutions. In its financial results for the six months ending on 31st August 2023, ISA reported a significant turnover increase of 42% and an earnings per shar

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 a 73% stake in Prosus (PRX), which in turn owns 26% of Tencent—a Hong Kong-listed company providing social media services and gaming in China. Tencent boasts 10 of China's top 20 mobile applications, reaching over 1.1 billion users. Naspers itself maintains an archaic capital structure dominated by its 907,128 unlisted "A" ordinary shareholders. Each "A" ordinary share has

Our opinion on the current state of NEWPARK(NRL)Newpark is a South African real estate investment trust (REIT) specializing in commercial and industrial properties. The trust's portfolio is valued at R1.37 billion and encompasses a gross lettable area (GLA) of 57,249 square meters. Newpark owns four properties, including two in the Sandton CBD, one in Linbro Business Park, and one in Crown City. In its financial results for the year ending 29th February 2024, Newpark reported a revenue increase of 3.3%, although headline earnings per share (

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, making Prosus a rand-hedge which rises when the rand weakens and vice versa. Prosus is now Europe's largest consumer internet company. The ma

Our opinion on the current state of RICHEMONT(CFR)Richemont (CFR), controlled by the Rupert family in Stellenbosch, is the world's second-largest supplier of luxury goods. The company's sales are entirely located overseas, making it an excellent rand-hedge. Its prestigious luxury brands include Mont Blanc, Cartier, Lancel, Jaeger-LeCoultre, Van Cleef, and Piaget. Richemont has significantly enhanced its online sales, which now constitute 21% of its turnover. This increase was facilitated by the acquisition of Yoox-Net-A-Porter (YNAP) and Watchf

Our opinion on the current state of TREMATON(TMT)Trematon (TMT) is an investment holding company with subsidiaries, joint ventures, and associate companies, primarily located in the Western Cape. The company engages in investing both in listed and unlisted shares. Initially, most of Trematon's investments were related to property, but its portfolio has since diversified beyond this sector. Among its holdings is Club Mykonos. In its financial results for the six months ending on 29th February 2024, Trematon reported a 2% increase in revenue.

GOLD FIELDS Gold fields a pull back is at play on the weekly chart a continuation to the upside is possible

by Sbo_Dhlamini

DISCOVERY Discovery may be bouncing of the support level and making a recovery

by Sbo_Dhlamini

South Africa and the World Main ideas: The US and South African elections in 2024: The outcome of the elections in both countries will have long-term and pervasive impacts on the markets, especially if Biden wins in the US and Zuma runs again in South Africa.12 The US economy and the war in Gaza: The US economy is booming, but inflation and interest rates are higher than expected. The war in Gaza has hurt Biden's popularity and he is trying to negotiate a peace settlement with the help of the CIA.34 The Chine

AFT.JO Prints an IH&S Pattern 1 Year Study.Afrimat has printed an Inverse Head and Shoulders Pattern. I know the Shoulders are small & Cute! In this 1 Year Study Analysis I've Switched to a simple line Chart as to easily depict the Pattern. The Chart Depicts the possible Upsides. As always get a few Experts Advice before making any Investments or Trade decisions. Smash that Rocket Boost Button to show your Appreciation for my Analysis Studies. Prosperous Investing for 2024 to All. Regards Graham.

Our opinion on the current state of SANLAM(SLM)Sanlam is a powerhouse in the insurance and financial services industry, not just in South Africa but on a global scale. Established in 1918, it has expanded its operations significantly over the years, now reaching into multiple continents including Africa, Europe, America, and Asia, with particularly strategic operations in the UK, America, Europe, India, Australia, and across several African nations. This extensive geographic footprint underscores its status as one of the most influential and

Our opinion on the current state of SSU(SSU)Southern Sun Hotels, previously known as Tsogo Sun Hotels, is a prominent player in the gaming, hotel, and entertainment industry in South Africa. The company strategically separated its gaming and hotel operations into distinct entities, aiming to unlock shareholder value and enhance focus within each business unit. Economic Context and Business Adaptation: The economic stabilization efforts by President Ramaphosa, particularly post-pandemic, are anticipated to bolster business and consumer co

Impala PLatinum fantastic for upside to R170.35 With the PLatinum price running up very nicely and setting it's for a rally - JSE PLatinum stocks are looking almost perfect to buy. We have a Cup and Handle with a breakout above and confirmed. We'll need to wait for Monday's Open price to confirm above the Breakout. NATURE: HPT (High Probability Trade) Price>20 Price>200 Target R170.35 Great trade analysis for the system!

Nampak huge upside to come after announcement to R271.81 W Formation has confirmed and formed after the announcement they are leaving Nigeria. This pumped up the price over 17% in a day. However, high volatility is always a risky biscuit and big candles normally results in the counter candle. So I'd wait for the price to break ABOVE the W Formation and for the price to break above the 200MA. Then the nature will be HPT and the target will be around R271.81

Our opinion on the current state of CORONAT(CML)Coronation Fund Managers (CML) is a significant figure in South Africa’s asset management landscape, recognized as one of the largest managers in the country and the only one directly listed on the Johannesburg Stock Exchange (JSE). Established in 1993, the company experienced robust growth until a pivotal leadership change in 2015 when Adrian Pillay took over as CEO following the resignation of the founding CEO. Leadership and Investment Challenges: Despite Pillay’s strong qualifications, his

Our opinion on the current state of ENXGROUP(ENX)The enX Group is a diversified industrial company operating primarily in Southern Africa, with a portfolio that spans across several key sectors, including petrochemicals, fleet management, logistics, and industrial equipment. The company has a strategic focus on distributing branded products and services, making it integral to industrial and commercial operations in the region. **Diverse Operations and Strategic Disposals:** enX’s operations are quite diverse, reflecting its involvement in var

Our opinion on the current state of NEPIROCK(NRP)Nepi-Rockcastle (NRP) is a prominent real estate investment trust (REIT) that plays a significant role in the European commercial property market. As a member of the Resilient group, it experienced significant market fluctuations due to external factors, including a scandalous report in 2018 and the global COVID-19 pandemic. Despite these challenges, the REIT has shown resilience and a commendable recovery trajectory. Nepi-Rockcastle operates an extensive portfolio of over 56 shopping malls acr

Our opinion on the current state of SANTOVA(SNV)Santova is a sophisticated international logistics firm, with operations extending across 19 offices in 7 countries, including key markets in Asia (Thailand, Vietnam, Malaysia), Europe (Germany, the Netherlands, the UK), and other locations like South Africa, Mauritius, and Sydney, Australia. The company specializes in designing, implementing, coordinating, controlling, and monitoring international supply chain activities. Santova's approach is distinguished by its use of a virtual client-centri

Our opinion on the current state of SEAHARVST(SHG)Sea Harvest Group (SHG) stands out as South Africa’s leading frozen fish brand, commanding approximately 38% of the market. The company, which is majority-owned by Brimstone with a 54.92% stake, specializes in catching, processing, and freezing fish primarily for local and export markets. Sea Harvest has recently expanded its operations through strategic acquisitions, including the purchase of Viking’s business operations. Viking, with a 40-year history, employs about 1,600 people and operates