Page 8 | Ideas and Forecasts on Stocks — South Africa — TradingView

Our opinion on the current state of HUDACO(HDC)Hudaco (HDC) is an importer and supplier of "...automotive, industrial and consumer products" mostly in Southern Africa. Its business has two sides: (1) Supplying automotive security, power tools, communications, and business supply products to the consumer market. (2) Supplying mainly the mining and manufacturing industries with mechanical and electrical power transmissions, diesel engines, hydraulics and pneumatics, steel and thermoplastics, and fittings and bearings. The company has

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. South Deep was bought by Gold Fields in 2006, and it has struggled to make the mine profitable, pouring in a total of R32bn (R22bn purchase price plus R10bn in development costs) into it over the past 14 years. Brett Kebble once described South Deep as, "The world's most expensive long drop...". South Deep is 3 kilometres deep and a very difficult mine with many tech

Our opinion on the current state of DRDGOLD(DRD)DRDGOLD (DRD) was listed in 1895 and is the JSE's oldest listed company. It was followed by SA Breweries, which was listed in 1897 and has now been acquired by Anheuser Busch. DRD is now a gold surface treatment operation which is at an all-in sustaining cost of extraction of just over R627247 per kilogram which compares to the average received gold price of R917996. They are re-treating surface dumps which still have traces of gold that can be profitably extracted with modern extraction meth

Our opinion on the current state of ARCMITTAL(ACL)ArcelorMittal (ACL) is South Africa's largest steel-producing company. It has survived where companies like Highveld Steel have disappeared. Arguably, ArcelorMittal felt the impact of the sub-prime crisis more than any other South African company and has fallen from its high of R260 in June 2008 to as low as 25c in August 2020. Since then, it has rallied strongly and now trades at 1052c. It has had to deal with the collapse of the construction industry locally, which was a major consumer o

Our opinion on the current state of AMPLATS(AMS)Anglo American Platinum (AMS), or Amplats, is the second-largest platinum producer in the world (after Sibanye) and plays a key role in the platinum group metals (PGM) industry. The company is 77.62% owned by Anglo American and has been at the forefront of transitioning from deep-level mining to shallow, mechanized mining, which has significantly improved efficiency and reduced costs. Strategic Developments & Operations Over the past five years, Amplats has reduced its number of mines from 18 t

Renergen losing it's energy - Support needs to hold or trouble Renergen has been on a one way trajectory down along with the solid downtrend. We have the price below 20MA and 200MA Now if the support does not hold, it could confirm an M Formaiton, which will send the price further down to R1.31 If the price has bottomed then there may be some type of hope for Renergen.

Transcap bottomed and could go up from here to R2.11 RISKY ANALYSIS alert. It looks like the bottom is in for Transcap. But the downtrend is strong and there is a prominent resistance line that definitely needs to break first. Also it's a medium analysis because the Price>20 but<200MA We have a small W Formation that has formed and price has broken above the neckline. So I have a small target of Target R2.87. The analysis will play as long as the support holds at R2.11.

DRD leading the resources pack and heading up R23.80 DRD is looking like one of the better resources that are showing upside to come. Despite the Expropriation Bill, Depsite the uncertainty with Tariffs and US pulling funding. DRD looks to be the star child of resources. Price>20 and 200 W Formation Target R23.80

UPDATE PPC hit target up and now we have a down target to 3.60 The PPC target worked well hitting R4.75 despite it taking some time. But then, it was top heavy turned around and crashed like no tomorrow. DUring the crash it formed a Rev Inv Cup and Handle and broke below the rim. So here's the update with a new target. Price<20 but >200 Rev Inv Cup and Handle Target R3.65

Merafe really took a HUGE dunk! And more to come to 93 cents MErafe dropped 18% yesterday. Big unexpected move due to an array of events~ First we had Trump pulling funds from SA. Second with the major expropriation bill that is leading to Foreign direct investments to leave SA. Merafe Resources has announced that it may start suspending some of its ferrochrome furnaces in May 2025, leading to a substantial decrease in ferrochrome production in South Africa. This decision follows a business review launched by Merafe, in collaboration with Glencore

Aspen showing upside to R204 despite Trump pulling funds from SA Ok this isn't the best formation. We have the price above 20MA but still below 200MA. On the other hand, we have a solid bottom formed and a W Formation along with a Box Formation with it. So with the pull back and the retest, we could get a bounce up which will send the price to potentially R204.60 Even though Trump has pulled funding from South AFrica due to the Expropriation Bill being announced, this will pull funds from Healthcare, to developments and more... But it seems like the F

Our opinion on the current state of CAPITEC(CPI)Capitec Bank (CPI) is now South Africa's largest bank by customer numbers, with 21.1 million clients. Originally launched by PSG, Capitec has been a major disrupter in the local banking industry, steadily gaining retail market share from traditional banks by offering a simplified, lower-cost solution—particularly targeting the previously unbanked population. The company continues to expand rapidly, adding approximately 90,000 funeral policies per month. Its annual average HEPS growth of 32.2% p

Our opinion on the current state of TRUWTHS(TRU)Truworths (TRU) is a clothing, footwear, and accessories retailer operating in Southern Africa and the UK. It is listed on both the JSE and the Namibian Stock Exchange. The company generates 70% of its South African sales on credit, making effective credit management a critical factor in its profitability. Truworths operates in a highly competitive retail environment, contending with local players such as Woolworths, Checkers, Pick 'n Pay, Foschini Group, Mr. Price, Ackermans, and Pep, while a

Our opinion on the current state of GEMFIELDS(GML)The Gemfields Group (GML), previously known as the Palinghurst Group, is a mining company focused on gemstone production. The group has two major projects: 1. Kagem – The world's largest producer of emeralds, located in Zambia. 2. Montepuez – A major ruby mine in Mozambique. Additionally, the company was previously involved in Jupiter Mines, a South African manganese producer. However, in line with its strategic focus on gemstones, Gemfields disposed of 60% of its stake in Jupiter Mines

Our opinion on the current state of VODACOM(VOD)Vodacom (VOD) is South Africa's largest provider of airtime and data services for mobile phones. It operates as a subsidiary of the international telecom company Vodafone. Its main competitors include MTN, Cell-C, and Telkom. The mobile industry has faced continuous pressure from declining voice revenue, partially offset by a sharp increase in data usage. One disadvantage of investing in Vodacom is its foreign ownership. This was highlighted when its share price dropped 7% in two days due to co

Our opinion on the current state of PEPKORH(PPH)Pepkor Holdings (PPH), previously known as Pep, is 71.01% owned by Steinhoff International. Following the collapse of the Steinhoff group due to admitted "accounting irregularities," the directors decided to revert to the name Pepkor Holdings to distance the company from negative publicity. The group operates well-known retail brands, including Ackermans, PEP Stores, Bradlows, and HiFi Corporation. Since the Steinhoff scandal in December 2017 and the impact of the COVID-19 pandemic, Pepkor's sh

Our opinion on the current state of MPACT(MPT)Mpact (MPT) is a leading producer of paper and plastics packaging in Southern Africa. The company specializes in recycling paper and cardboard, manufacturing corrugated cardboard containers for various industries, and producing polystyrene trays for the food industry. It operates 20 manufacturing facilities and employs over 5,000 people, with South African sales accounting for 86% of its revenue. Mpact's business is influenced by consumer spending, which has been under pressure due to COVID-19

Our opinion on the current state of ARCMITTAL(ACL)ArcelorMittal (ACL) is South Africa's largest steel producer and has managed to survive in an industry where competitors like Highveld Steel have disappeared. The company was severely impacted by the sub-prime crisis, with its share price falling from a high of R260 in June 2008 to as low as 25 cents in August 2020. Since then, it has staged a strong recovery, reaching 1,052 cents before recent challenges reversed its upward momentum. The company has had to navigate multiple challenges, includi

Our opinion on the current state of HARMONY(HAR)Harmony (HAR) was historically considered South Africa’s most marginal gold mining operation until it successfully integrated Mponeng gold mine into its portfolio. The development of Mponeng and its processing plant is expected to cost around US$2.8 billion, and Harmony has yet to secure its share of the required capital, which amounts to approximately R20 billion. In 2021, the company acquired Mponeng for R4.2 billion. As the world’s deepest mine, Mponeng presents all the challenges associate

Sasol limited Sasol in long run will come back it won't break the order u can purchase sasol shares at R110

Our opinion on the current state of VUKILE(VKE)Vukile (VKE) is a real estate investment trust (REIT) listed on the JSE and the Namibian Stock Exchange. The company owns properties directly, holds shares in other REITs, and has significant property investments in the UK and Spain. Its portfolio is geographically diversified, with 50% of its assets located in Southern Africa, primarily in retail properties, 46% in Spain, and 4% in the UK. Vukile follows a strategy of reinvesting into its existing properties, and as part of this strategy, it h

Our opinion on the current state of LEWIS(LEW)Lewis (LEW) is a retailer specializing in furniture and electrical appliances, operating through 840 stores under the Lewis (498 stores), Beares (150 stores), Best Home (170 stores), Bedzone (12 stores), and United Furniture Outlets (39 stores) brands. Of these, 138 stores are located in neighboring countries. The company conducts 59.9% of its business on credit, offering customers credit insurance and other financial products. It plans to expand the number of UFO stores from 39 to 70 in the com

Our opinion on the current state of AYO AYO is a black-owned technology company spun out of AEEI, which still holds a 49.4% stake in the business. The company has faced significant controversy, particularly surrounding a massive R4.3 billion investment by the Public Investment Corporation (PIC). This investment has been the subject of legal action, which was finally settled on 31st March 2023, with AYO agreeing to pay the PIC R619 million. The settlement has left many questioning the financial integrity of the deal, with allegations t

Our opinion on the current state of REINET(RNI)Reinet (RNI) is an investment holding company whose primary asset was a 2.12% holding in British American Tobacco (BAT), valued at approximately $1.8 billion, which accounted for 31% of its net asset value (NAV). This figure has decreased significantly from 85% ten years ago, largely due to a decline in BAT's share price. This decline reflects increasing legal challenges for the tobacco industry, particularly in the US, where the FDA is considering changes to menthol cigarette regulations. Desp