Scandi64

BTI at R989.47 trades on a forward P/E that's cheaper than most peers in discretionary, but the dividend yield sits around 8.5% which is propping up the valuation given the structural headwinds in tobacco. Nearest comparison would be Remgro, though that's more of a holding compan

AWS margins keep expanding and that's where the real money is now. Retail's competitive but at least they're not bleeding cash on it anymore. If they can land a couple of major AI infrastructure deals this year, 271.58 won't look cheap.

Search revenue's been solid but the real question is whether they can actually move the needle on AI monetization. YouTube's matured, display network's matured, so unless they lock in enterprise deals with their AI tools the stock stays rangebound around here. Once the deals start coming in, then it will run.

250.94, pressure today shame

@pedant_pete ja, the margin picture only shifts once load-shedding eases. Until then it's just treading water at this price.

2.06 and climbing. lets see if it holds.

SOL down 4.69% today despite the 'nearly doubled' narrative, which feels like noise given the energy sector's volatility. Compare that to Sasol's historical drawdowns and the fact that Impala Platinum needed similar recovery language after its slumps, the real test is whether thi

SBK holding steady at 328.61 despite the broader market noise. With net interest margins under pressure from rate cuts, where do you reckon the next catalyst comes from, earnings growth or dividend sustainability?

1.36 and climbing, lekker

Retail's been brutal this year but TFG's got real brands with decent margins if they can fix the inventory management. The question is whether they can grow earnings without just cutting costs. At 57.36 with the rand the way it is, you're pricing in some recovery already, so need to see actual sales momentum, not just store closures and restructuring.

@nico_the_analyst copper's down across the board though, not a GLN specific thing surely?

Come on, break through 630 already!

Data center keeps printing money, that's the real story. Gaming slowed but it's not the engine anyway. Question is whether the guidance holds up next quarter or if customers start pulling back on spend. At 200 it's not cheap but not a screaming sell either if the fundamentals stay intact.

R1251.55, getting hammered today eish.

Hulamin's been treading water at R1.90 and the aluminium cycle isn't doing it any favours. At those levels the dividend yield is practically negligible, which makes it a hard sell unless you reckon the rand weakness or higher LME prices kick in to boost margins.

Apple holding above 308 makes sense given the services business keeps growing, but we need to see actual revenue growth in hardware again. iPhone installed base is massive but the upgrades are slowing down. Let's get a contract with a big customer, once the deals start then it will run, simple as that.

Services growth is solid but iPhone revenue's been flat for two years now. That's the real problem. Once they land a major AI deal or refresh the installed base, it runs. Until then we're stuck.

Picked up more BTI at R1015 given the 8.5% yield and relative stability in the tobacco business, though the regulatory headwinds in key markets keep me from going overweight.

Look, the platinum upside is there but you need to see cash generation improve before the dividend feels safe. Load-shedding's a real drag on costs and until we see either a commodity bounce or material cost cuts, this sits in the waiting room. Give it a quarter or two to show improvement on the margin side.

@bear_naidoo what's the growth rate gotta hit before the price makes sense to you