Bell Equipment (JSE: BEL)

39.90 now, let's gooo!

R39.90, green day for BEL.

38.05 now, bit soft today.

38.05 now, down almost 3%. Eish.

38.05 now, eish. Down again today.

Bell Equipment at R41.50 is trading well below pre-pandemic levels, which could signal either genuine value or structural headwinds in construction equipment demand. The dividend yield is tempting on paper, but I need to see revenue stabilize and working capital improve before I'

Picked up more BEL at 39.80 after the capex cycle bottoming out, revenue growth turning positive again, and the dividend yield creeping back to 6% looks attractive for a cyclical recovery play.

BEL's been under pressure but that dividend yield is starting to look tempting at these levels. Equipment cycle tends to turn faster than people expect, so if capex intentions pick up in the next quarter or two, could catch a lot of shorts.

BEL down 1.3% today but the selloff looks overdone given the equipment rental cycle is turning. Balance sheet is cleaner than it was two years ago and if construction activity picks up even modestly, there's decent upside from R38.

BEL down 0.72% to R34.70, which is pretty unremarkable noise given the broader industrial equipment space is under pressure. Comparing to Trellidor, BEL's trading closer to book value while TRL commands a hefty premium, so there's either hidden value here or the market knows some

Did some homework on BEL over the weekend, balance sheet's solid

Good Morning Everyone. BEL sitting at R35.00, market cap around 3.967bn, heavy exposure to gold mining equipment and services. Gold's been resilient so there's tailwind there, but the margin pressure from rand weakness cuts both ways on input costs. Long term if gold stays above 2k usd per oz the mining capex cycle should keep ticking, that's where the real money is for BEL.

bel's been dead money for a while. gold exposure should be a tailwind but mining capex is weak right now, equipment sales not moving. r35 feels fair but where's the catalyst. unless rand tanks or mines actually expand, hard to see this rip.

BEL GOLD EXPOSURE IS INSANE RIGHT NOW, LOOK AT WHAT HAPPENED TO OTHER MINING EQUIPMENT PLAYS WHEN BULLION RAN. R35.00 IS A STEAL IF YOU BELIEVE GOLD STAYS STRONG. BEST IS YET TO COME!!

BEL catching a bid at R38 this morning, up 2.7%. Anyone else noticing the equipment rental demand picking up, or is this just noise ahead of earnings?

Gold prices holding strong and BEL's margins should follow. Mining capex cycle is picking up, these guys supply the gear. R150 this week minimum, mark it.

BEL sitting at R38.00, mining gear plays always need contracts to move. Gold price holding up so demand should be there, but until Bell lands something tangible with one of the big ops, it's just treading water imo. Let's get a contract, once the deals start, then it will run.

BEL sitting at R38 with gold doing what it does, but the real question is whether they can actually grow earnings or if we're just riding the commodity wave. Mining capex cycles are brutal, and if the majors pull back on equipment spend, BEL gets hurt hard. That said, they're not some penny dreadful, they've got actual contracts and recurring service revenue to lean on when spot goes quiet.

bel getting hammered because gold price isnt moving but fundamentals on the equipment side are solid. biggest play here is when rand weakens again, those mining capex budgets open up and bell becomes the only real distributor with the service network. r38 is where patient money sits.

bel's been hammered but gold is still doing its thing globally, so the mines aren't going anywhere. r39.00 is pretty beaten down from where it was, reckon if gold stays strong the equipment suppliers eventually follow. heavy machinery plays are cyclical but with load shedding and mining being one of our few real exports, long game could be decent.