BCF down 1.48% today but I'm curious what's driving the dip since Resources has been volatile lately. Would need to see their latest cash flow and capex guidance before deciding if this is noise or a real concern, especially given where commodity prices are trading.
Bowler Metcalf LTD
to join the discussion
BCF down 0.67% to R1331 - minor pullback but nothing alarming for a resources play, might be worth nibbling if it tests R1320.
BCF down 0.67% today at R1331 - is this weakness just noise or are investors finally pricing in the operational headwinds?
BCF down 0.67% but that dip doesn't worry me much given the resources sector volatility lately. At R1331 the valuation still looks reasonable if they can maintain earnings.
BCF at R1350 is looking oversold after that 6% hammering today, but I'm staying out until we see if this breaks below support or finds buyers.
BCF dropping nearly 6% to R1350 feels overdone given the commodity cycle we're in — management's been disciplined with capex and the balance sheet's in decent shape for the next upturn.