Franco C.

GFI sitting at 557.58 and the gold complex is looking decent on the back of weaker rand prints. If they can sustain production momentum through the cycle, the dividend yield should keep tightening valuations honest here.

algos hammering it down again, same pattern every week

Algos hammering us down on light volume, serious now

Grabbed some STXDIV at R2.97 this morning, the dividend yield is still reasonable and that 1% pop suggests some accumulation happening after the recent weakness.

AFT down 2.03% today to R27.03, which is a bit soft given the broader materials rally. Trading on a P/E around 8x with decent FCF generation, it's holding up better than some of the heavier construction plays but lagging PPC and Lafarge on relative momentum this week.

4.88 now, finally moving!

18.67 again. Eish, weak hands out today.

0.72 now, steady hands time

Algos hammering it down again. Classic Friday move.

Algos hunting stops again. Same pattern every time.

Morning all, LIN holding up okay?

Loaded more NPN at 867 after that Prosus weakness sorted itself out, reckon the dividend yield plus exposure to those Chinese assets still gives you decent value even at these levels.

INL at R143.44 is looking decent relative to where the other big banks are trading. They've got solid asset management legs alongside the banking business, which insulates them a bit when rates get sticky. If they can keep NII flat and grow that wealth side, could be a proper compounding story over the next few years rather than just a dividend play.

Look, bear makes a fair point on feed and power eating into margins, but RCL's grain milling side actually buffers that better than pure poultry plays. The real question is whether they can hold pricing while input costs stay elevated, and the last set of numbers didn't show that clearly enough for me. At 8.10 it's not crazy but it's not a screaming buy either, more of a wait and see on the next quarterly.

The rand weakness should be a gift but the share's stuck. Gold price up, production humming from Ghana and Peru, yet we're not seeing it in the price like we used to. Capex coming and that's spooking people more than it should, reckon the market's being too harsh on the timing. Long game still there if you can sit through the noise.

Not selling under 620 this year

PIK at R19.01 is looking cheap on earnings if they can sort the margin pressure. Checkers and Shoprite are doing better on same-store sales, so question is whether the Boxer refresh actually moves the needle or if it's just cost. I'm holding but not adding til we see better inventory turns.

@mumu_data yeah the cash engine is what gives them room to experiment with AI without choking themselves. YouTube ads are solid too, keeps them from being just another search play.

AWS keeps printing money while retail margins stay tight, but that's the whole point innit. Cloud infrastructure is where the real growth lives these days. At 271.58 you're getting both a mature e-commerce business and a high-margin SaaS engine, can't really say that about the Magnificent 7 peers.

Azure growth carrying the weight here