African Rainbow Min (JSE: ARI) share price, discussion & sentiment

R187.21, good day to top up

@easystreet_jse rough is the word for it hey

Algos hammering it down before the platinum bounce, same old story

@swordfish_sa spot on, commodity headwinds are real right now. long-term view hasn't changed but near term is tough

Did some reading on the latest SENS filings, balance sheet holding up better than expected

Morning all, ARI looking rough hey

r200 minimum, mark it, ari flying soon

platinum spot price getting hammered and ARI sitting at R187 with leverage to that, plus iron ore's been weak. reckon the rand strength isn't helping either when you're selling in dollars. hard to get excited when commodity tailwinds are at your back.

Platinum hedge plays aren't what they used to be but ARI's iron ore and chrome exposure gives it legs that Implats doesn't have. At R187.21 you're not paying a premium for that diversification either, which matters when commodity cycles turn rough. The leverage to rand weakness is real upside if we ever get a proper recovery.

ari sitting at r187 but platinum and iron ore both weak atm, hard to see the upside when your main commodities are under pressure. been watching the cash flow, not great. ngl the dividend story is what's holding this, otherwise would've sold already.

platinum and iron both getting hammered, ngl

ari sitting at r187.21 but platinum keeps getting smashed on global weakness. even with the iron ore side propping things up, pgm exposure is too heavy right now. unlikely to rerate until spot moves, could be a long wait.

Pulled the latest SENS, platinum realizations still holding up decent

PGM recovery is real but ARI's debt load still a drag, reckon it takes another year or two to see proper free cash flow again. Kumela and Implats seem lighter on the balance sheet which is why they've held up better. Long-term view hasn't changed though, platinum aint going anywhere.

Good morning everyone. ARI closed R187.21 yesterday, sitting pretty far below where it was two years back. PGM exposure is solid long term but the rand weakness and load-shedding hitting volumes is real headwind. Worth keeping an eye on their next quarterly for where the costs are heading, that'll tell you if this thing can recover or if we're just holding bags.

ARI closed at R187.21 but platinum still getting smashed globally, hard to see where the bid comes back from here. PGM cycle turning and they're heavily exposed, not like some of the diversified plays. Long term story is solid but near term could get uglier before it gets better imo.

Stop loss raid, they know exactly where they are

r200 by end q1, serious now

STOP LOSS RAID CLASSIC!! ALGOS PLAYING GAMES AGAIN, BACK TO R195 EASY!!

Balance sheet's solid, algos just noise.