Investors discussed Anglo American's 2% decline with mixed sentiment, noting that while the move isn't dramatic, the stock warrants close monitoring due to earnings pressure, elevated rates impacting dividend attractiveness, and concerns about cash flow generation and commodity cycle headwinds. The debate centers on whether the De Beers spin-off will unlock value or create weaker standalone entities, with most taking a wait-and-see approach on the separation's market pricing.
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Anglo at 823 is caught between structural headwinds in thermal coal and decent upside in diamonds and copper, but the dividend yield keeps it relevant for income investors even if capex discipline remains a question mark. The real test is whether management can actually shrink th
Anglo at 823c is trading on a P/E of around 6.5x, which looks cheap for a diversified miner, but the dividend yield sits below 4% so you're not getting much income while waiting for a copper or iron ore bounce. Balance sheet is solid after the asset sales, but spot prices matter
Anglo at 823 is still carrying too much debt relative to its cash generation, and the commodity cycle isn't getting any kinder. Long-term, the diversification away from coal is overdue, but execution risk on capex and the threat of another price crash mean I'm not jumping in unti
The future excites me here.
Large sell order just hit at close, classic setup for tomorrow.
AGL's down 2% today, which honestly isn't surprising given the volatility in the energy sector lately. At current levels the dividend yield is still decent if you're holding long-term, but I'm keeping an eye on whether they can maintain earnings growth with all the load-shedding pressure we're facing. Not panicking over a single day's move, but this is a stock that needs close monitoring.
AGL's down 2% today, nothing dramatic but worth watching their earnings trajectory - they've been under pressure with that dividend yield looking less attractive as rates stay elevated. If the fundamentals haven't changed, this could be noise, but I'm keeping an eye on their cash flow generation before adding to any position.
R821.10 and holding, this is the bounce starting
@nico_the_analyst spot on, two halves don't equal the whole
AGL sitting flat at R838 but the real question is whether that De Beers spin-off actually unlocks value or just creates two mediocre stocks. Fundamentals haven't changed much, so I'm waiting to see how the market prices the separation before committing.
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?
Anglo sitting at 831 cents on a trailing P/E that's not terrible for the sector. With the commodity cycle this unpredictable, are you holding for the dividend yield or betting on a copper bounce to lift the whole platform?
AGL's had a decent pop today, up 2.6%, which isn't surprising given the energy sector's been catching a bid lately. The dividend yield's still attractive around 7% so there's probably some value hunting happening, but I'm watching to see if this hold or if we're just getting a dead cat bounce. Fundamentals haven't changed much, so I'd need to see sustained momentum before getting too excited.
AGL climbing 2.6% today, probably on the back of some positive utility sentiment or earnings chatter. The dividend yield's still sitting pretty for income investors, though I'd want to see more consistent growth before getting too excited about the chart movement.
AGL catching some bid today, up 2.6% - probably relief rally on the energy sector. Still trading at reasonable value with that dividend yield holding steady, though the growth story remains underwhelming until we see some real progress on the transition portfolio.
Algos hunting stops below 830 again. Predictable stuff.
Run baby run!
@bayman_jse ja, the rand hedge story is the real one here. SA headwind becomes a tailwind if the currency moves, but that's not a thesis you can count on.
Run baby run!
Anglo's interim results spelling out the SA exit is basically pricing in what the market already knew, but the real question is execution risk and what the rand does to their rand-hedged earnings. At R831 you're paying for a company in managed retreat, not growth.
Current R 823,31 — 50% of range
Fundamentals sourced from JSE disclosures. Updated quarterly.