Page 39 | Ideas and Forecasts on Stocks — South Africa — TradingView

Our opinion on the current state of QUANTUM(QFH)Quantum (QFH) operates in the poultry industry, encompassing four divisions: Animal Feeds, Eggs and Layers, Broilers, and an African division selling related products. Despite challenges from the drought in Southern Africa, Quantum benefited from decreased animal feed prices and increased egg prices once the drought subsided. However, the chicken business remains fraught with challenges, including labor intensity, susceptibility to diseases like avian flu, and the dumping of cheap imports from E

Our opinion on the current state of MC-GROUP(MCG)MultiChoice (MCG) is a premier entertainment company in Africa and one of the fastest-growing pay-TV broadcast providers globally, boasting 21.1 million subscribers across 50 countries. The share, originally spun off from Naspers, began trading independently on the JSE on February 27, 2019. Its revenue model, primarily based on recurring debit orders, makes it an attractive investment, particularly due to its diverse customer base and minimal working capital requirements, as it operates primaril

Our opinion on the current state of DATATEC(DTC)Datatec (DTC) is an international IT and telecommunications company, operating across multiple continents including North America, South America, Europe, Africa, the Middle East, and Asia. The company is structured into three main divisions: Westcon International, which focuses on technology distribution; Logicalis, which handles integration and managed services; and Datatec Financial Services along with Analysys Mason, specializing in consulting and financial services. The company’s CEO, Jens M

SPP Spar SPP Spar Yesterday the share reclaimed the R100 level. My signal came at just above R90, with my note preparing clients to buy on a dip toward the R88 to R90 level. My original view has been inserted on the left hand side of the chart. For more research insights, get in touch today.

Our opinion on the current state of EFORA(EEL)Efora Energy (EEL), established in 1993 and listed on the JSE in October 1994, is an African oil and gas company engaged in a range of projects spanning oil production, and midstream to downstream distribution. The company's operations extend across Egypt, Nigeria, the DRC, Zimbabwe, and South Africa. Its subsidiary, Africoil, distributes 45 million liters of oil products monthly and operates two depots in Boland and Beitbridge, with the majority of its sales occurring in South Africa. In Egypt

Our opinion on the current state of GLENCORE(GLN)Glencore, one of the world's largest global diversified natural resource companies, manages over 150 mining, metallurgical, oil production, and agricultural facilities across more than 50 countries. The company's extensive global presence and diverse commodity portfolio make it less volatile compared to more specialized mining houses. Since the commodity cycle uptick in early 2016, Glencore has particularly benefited from owning significant cobalt resources in the Democratic Republic of Congo (D

Our opinion on the current state of HARMONY(HAR)Harmony Gold Mining Company Limited (HAR), traditionally considered one of South Africa's most marginal gold mines, has taken significant strides towards enhancing its operational and financial profile. The acquisition and subsequent development of Mponeng gold mine, which is the world’s deepest mine, represent a crucial pivot in its business strategy. This mine, fraught with the challenges of ultra-deep level mining, was purchased in 2021 for R4.2bn, marking a substantial commitment to its futu

Our opinion on the current state of IMPLATS(IMP)Impala Platinum Holdings (Implats), ranked as the world's third-largest producer of platinum group metals (PGMs), has faced numerous challenges over the past seven years, including aggressive union action and legislative uncertainty. The company's strategic focus, as stated by the CEO, is on developing a portfolio of long-life, low-cost, shallow, mechanized mining assets, echoing a shift similar to that of Anglo American Platinum over the past decade. The demand for platinum, particularly in au

Our opinion on the current state of ASTORIA(ARA)Astoria Investments Ltd. (ARA) is structured as an investment company with the aim of providing investors access to a diverse portfolio of equities primarily located in developed economies. After a period of suspension from September 2020 to April 2021, the company's shares have resumed trading, albeit at a price significantly below its net asset value (NAV), which is a common situation that can offer potential value to investors if the underlying assets are sound. Astoria has benefited from di

$JSEGRT - Growthpoint Prop: Is A Bottom In At 914cps?See link below for previous analysis. There's a case to be made that the five wave decline from 3150 is complete. If that is the case, 914cps should hold and the bear market bottom is in. I am looking at the advance from 914 to 1218 as wave (i) and the pullback as wave (ii); wave (ii) may not yet be complete but should terminate above 914 for this bullish outlook to remain valid. A break above 1218 will give greater conviction that the stock is starting to advance in wave (iii). The large bea

by Loyiso_BlaqueSoros_Mpeta

$JSEART - Argent Industrial: The Impulse Road Map See link below for previous analysis. Argent has had a strong run from the 2015 bottom at 302cps. The advance is unfolding as a five wave Impulse labelled wave (1) to (5); the stock is currently in wave 5 of (3) with wave 4 having terminated at 1101cps. Wave 5 of (3) itself looks to be unfolding as a five wave impulse that is currently in wave {iii}; wave {iii} can extend further from current levels and there is more upside potential with wave {iv} and {v} still to come to complete wave 5 of

by Loyiso_BlaqueSoros_Mpeta

$JSEARI - African Rainbow Minerals: The Short-Mid-Term Road Map See link below for the long-term view. Looking at price action from 14662: The advance to 20300 is a leading diagonal for wave 1. The correction to 15503 is a zig zag for wave 2. The stock is now in the early stages of wave 3 which can only be a five wave impulse. Waves {i to v} in green give the idealized road map for wave 3. 15503 is the secondary invalidation but 14662, as the primary invalidation level, is the level which will lead to the whole invalidation of this bullish outlook should

by Loyiso_BlaqueSoros_Mpeta

$JSEARI - African Rainbow Minerals: The Big Picture This is the first time of ARM. The big picture is one of very volatile swings in price as can be seen by the points and percentage changes in price when the stock is in bear mode. 2005 to 2008 was a great bull market where all one had to do was buy and hold. 2008 to 2016 was a big bear market that unfolded in a three wave zig zag pattern. The advance from 2016 to the all time high in 2023 was very choppy and I am tentatively labelling it as a large leading diagonal for a higher degree wave {1}

by Loyiso_BlaqueSoros_Mpeta

VOD: counter-testing the bearish trend A price action above 9100 supports a bullish trend direction. Further bullish confirmation for a break above 9400. The target price is set at 9800. The stop-loss price is set at 8800. The price action is counter-testing the lower range of the declining channel pattern. Remains a risky trade.

by Peet_Serfontein

TBS: time for a bounce?A price action above 19800 supports a bullish trend direction. Further bullish confirmation for a break above 20700. The first target price is set at 21500. The second target price is set at 22800. Remains above both the confluence of its 200-day and 200-week simple moving averages. Also appears to have found support at its 38.2% Fibonacci retracement level. Remains a risky trade.

by Peet_Serfontein

NPN (Reduce/Sell)NPN Naspers The print into overbought conditions has been an opportunity to sell. Look to enter at lower levels.

PRX (Reduce/Sell)PRX Prosus The print into overbought conditions has been an opportunity to sell. Look to enter at lower levels.

Our opinion on the current state of ANGLO(AGL)Anglo American (AGL) effectively mitigates the typical risks associated with commodity stocks through two main strategies: diverse mineral operations and a strong financial foundation. The company's diversification across different minerals helps buffer against downturns in any single commodity market, while its robust balance sheet provides substantial resilience in turbulent times. Anglo American positions itself as a global mining leader with a broad portfolio of high-quality mining operatio

Our opinion on the current state of EFORA(EEL)Efora Energy (EEL) is an African oil and gas company that has been a part of the industry landscape since its incorporation in 1993. The company was listed on the Johannesburg Stock Exchange (JSE) in October 1994 and has engaged in various sectors of the oil and gas industry, ranging from production to distribution across several African countries. Efora operates in key regions including Egypt, Nigeria, the Democratic Republic of Congo (DRC), Zimbabwe, and its home base, South Africa. In Egypt,

Our opinion on the current state of FINBOND(FGL)Finbond Group Ltd (FGL) is a company engaged in micro-lending and insurance operations, with a significant presence in both South Africa and the United States. The company has outlined ambitious plans to expand its operations in the US, aiming for 70% to 80% of its income to come from the American market within the next 3 to 5 years. As of the latest reports, Finbond already derives 66% of its income from the US, a market it views as having substantial growth potential. Across both its operatio

Our opinion on the current state of OASIS(OAS)Oasis (OAS) is a property company that manages various properties applying the principles of Islamic finance. It also manages institutional investments and retirement portfolios for governments, parastatals, collective investment schemes and private individuals. It has a number of wholly owned subsidiaries that engage in insurance, fund management and property management. In its results for the year to 31st March 2024 the company reported revenue up by 20,1% and distributable income up by 13,5%.

Our opinion on the current state of REINET(RNI)Reinet Investments S.C.A. (RNI) is an investment holding company, with its primary asset being a significant stake in British American Tobacco (BAT), constituting roughly 2.12% of BAT's shares. This stake is valued at approximately $1.8 billion and represents about 31% of Reinet's net asset value (NAV), a substantial decrease from 85% a decade ago. The reduction in the proportion of BAT's contribution to Reinet's NAV is primarily due to the declining share price of BAT, influenced by challenging

Our opinion on the current state of RENERGEN(REN)Renergen Limited describes itself as an integrated alternative energy business with a focus on investing in renewable energy projects across Africa. Since its listing on the Johannesburg Stock Exchange (JSE) in June 2015, the company has consistently reported financial losses, reflected in a declining share price over the years. Despite these challenges, Renergen has pursued significant ventures, particularly in the liquified natural gas (LNG) and helium sectors. The company successfully secure

BTI - Buy Idea Bti british american tobacco, 54563c. (medium term swing view). The share has 5x failed attempts to clear it’s downward trend line. On friday, a report from the wall street journal cited plans by the biden adminsitration to drop it’s plans to ban menthol cigarettes. This may spur renewed interest following a long term bear trend. Buy.