TTT Trading

copper and iron ore are in trouble with china slowing down, but bhg's dividend yield still holding up around 6-7 percent. long-term view hasn't changed, just feels like we're waiting for the fed to cut rates before anything reprices. could be a while yet but ngl the rand weakness is helping the rand price a bit.

Pulled the latest results over the weekend, balance sheet holding up ok

nhm got smashed on platinum weakness but the long-term view hasn't changed, company's still got real assets in the ground and the rand weakness actually helps export economics. inflation very high globally so maybe we see some relief on input costs eventually. i'll keep holding as long as it takes, these cycles always sort themselves.

iso holding up ok given the rand weakness and rates staying higher for longer. medical isotope demand stays steady even when macro gets dodgy, that's the thing. long-term view hasn't changed, just feels like a wait and see until we see what load-shedding does to their production costs next year.

ngl the deposit growth they've shown keeps them ahead of absa and firstrand when you look at the actual funding costs, margins are thin but they're not collapsing like people were saying six months back, rates have to come down eventually and when they do ned's got the scale to benefit proper

spent an hour on the latest results last night, inventory turn is legit better. holding.

Pulled the latest results, persistency issue is real but yield covers the wait

@rawssy_links yeah mate, patience wearing thin but the rand helping here

long-term view hasn't changed on this one, banks are getting squeezed by rate cycle but NED's got decent deposit franchise and their net interest margin held up better than most through the hikes, rand weakness is masking the real story which is just waiting for inflation to come down so rates can follow, i'll keep holding as long as it takes

Pulled the latest results, rand weakness is the real killer here not the closures

Finally some momentum on NED

@jse_tttrading yeah rand weakness helping too

shoprite holding up better than i expected given the rand pressure and food inflation squeezing margins everywhere. consumers still gotta eat so the volume's there, just the pricing power's limited when you're competing with checkers and takealot. long-term view hasn't changed, these grocery guys have moats that hold through cycles. sitting at r300 feels reasonable for a 7-8% yield while we wait for rate cuts.

equity release drag is real but wealth mgmt is actually printing money, solvency ratios give them room to move. long-term view hasn't changed, markets are shaky but at R13.55 you're not paying much for that dividend yield plus the upside when claims stabilize. rand weakness is a headwind though, keeps institutional offshore stuff messy.

@momentumtracker_jse volume's been pretty thin yeah, any pop gets sold into

r281.78, finally some green on the banks

R281.78, not bad for a banking stock in this mess

R20.97, algos running out of ammo maybe

algos hammering below R250, classic pattern this week

Come on Brent, push higher!