Aeci (JSE: AFE)

100.99 now, through that 100 level. lekker

100.99 and past that 100 level. Nice.

@tebusekete1004 sharp, what's your take on the chemicals side holding up with all the load-shedding affecting factories?

Added AFE to my portfolio

100.98, through the 100 level. Lekker.

100.98, through the 100 level. lekker.

Good Morning Everyone, 100.98 now. Through the 100 level.

98.03, just bounced off 100. Interesting.

Back to 98.03, still fighting that 100 level.

98.03, just off that 100 level.

98.92, good day to top up.

98.92, just shy of that 100 level.

Back under 100, 98.92 now.

103.66 now, that's a nice pop

R103.66, well looky look!

AFE at R102.89 is trading at a decent discount to Sasol on earnings, but the chemical cycle exposure is real. If you're looking for Resources leverage without the commodity volatility, this plays more like an industrial than a miner.

AFE at R99.44 is trading at a discount to most of its chemical peers on a P/E basis, which makes sense given the cyclical headwinds in construction and mining demand. If the rand holds and export volumes pick up, the dividend yield becomes more attractive than the broader resourc

AFE dropping 1.06% today but the chemical plays seem to be catching some headwinds. At these levels the dividend yield is starting to look interesting if management can stabilise margins through the cycle.

AFE's been trading around 108 but margins in the chemical space are getting squeezed. Anyone tracking their earnings vs input costs, or is the dividend yield still enough to justify holding through this cycle?

AFE's been grinding sideways around the 124 level for a while now, and frankly the chemicals exposure isn't doing it any favors in this macro environment. Dividend yield's decent but you'd want to see some revenue uptick before getting excited.