GUPPY

STXSHA sitting at R5.92 with that Shari'ah filter. Anyone here actually tracking the performance spread versus STXFIN over a full cycle, or is the ethical overlay just peace of mind at the cost of returns?

Rand weakness is a tailwind but the real story is the cost trajectory, AISC coming down while production holds up is exactly what you want to see. At 267.83 the risk reward is very compelling if gold holds above 2000 and the currency stays soft. More eyes on the prize when they report next quarter.

Memory oversupply taking longer to clear than the market hoped. Demand side still soft.

Large sell order just hit at close, classic setup for tomorrow.

48.10, bit soft today hey.

Gold holding up, ANG catching bid.

@thuli_dd what's the view on the iron ore outlook though, that's been solid?

Google's search moat is still underrated given how much noise there is around AI. Their margins on core search are absurd compared to what Meta or Amazon pull on advertising, and that cash generation funds all the moonshot stuff. At 356.65 the risk reward looks decent heading into earnings, especially if they can show YouTube stabilising and cloud actually gaining traction.

18.67 again. patience.

AGL at 838 looks like it's pricing in a fair chunk of downside from here given the commodity cycle, but anyone holding through the dividend still getting decent yield. What's your break-even on this one if copper rolls over another 10 percent?

GE Aerospace has real tailwinds with defence spending holding firm and commercial aviation still rebuilding its fleet. At 360.07 the risk reward is compelling, especially with those engine orders flowing in. Catalysts moving forward on margins as volumes ramp, patience looks like a real good idea here.

@thuli_dd yep, margins holding up lekker there.

1873.00 holding, more eyes on the prize

Platinum's been under pressure but SSW's got real assets backing the stock, not just sentiment. At 35.88 you're picking up production at a price that doesn't feel stretched compared to where peers were trading two years back. Load-shedding in SA is the big wildcard for costs, but palladium demand from autos isn't going away. Patience looks like a real good idea here if your time horizon is more than a year.

spot pricing weak but hbm ramp into 2025 is the real play here. data center customers locked in, margins recover when supply finally tightens. risk reward is very compelling at these levels if you can sit through the next two quarters.

196.83 is sitting right below 200 which matters for technical traders, but the real story here is the dividend yield holding up while peers are struggling with refining margins. Chevron's upstream production is steady and you've got Guyana ramping, so the cash generation looks solid into next year. Risk/Reward is very compelling at these levels if you're thinking longer term.

@firsttime_Frans cloud margins are solid but how much of that flows to the bottom line with Beijing breathing down their neck?

Data center demand staying strong but valuations are stretched here. Need to see actual margin expansion in the next quarterly beat, not just revenue growth, to justify where it's priced. The 200 level is interesting on a pullback, risk reward is very compelling if we get a clean consolidation and then the next leg of AI infrastructure spending kicks in.

Gold's holding up but ANG needs to show the cost side is under control, otherwise even at 1251.55 you're just chasing the metal price. Patience looks like a real good idea until we see where the rand settles and whether they can actually trim opex without cutting corners on safety.

Arm's licensing model is genuinely different from the fab players, but at 260.01 the valuation's gotten ahead of the actual revenue growth. Nvidia and Broadcom trade on earnings momentum, Arm's still proving out the data center shift. Patience looks like a real good idea here, catalysts are there but they're not happening tomorrow.