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Adding to EXX on this 5.3% rally as thermal coal forward curves remain supported by European energy stress and tight global supply, though I'm cognisant that any further China reopening disappointment could unwind the entire EM risk-on positioning that's been driving commodities
EXX trading sideways at R21009 reflects the perpetual coal headwind: thermal demand structurally declining in developed markets while seaborne pricing remains pressured, yet the company's diversification into ferrochrome and iron ore provides legitimate downside protection that t
EXX at R21019.00, on my radar. Want one more red day before I pull the trigger.
Just topped up my EXX position at 21084 rand, coal demand isn't going anywhere and that 0.96% gain today shows the market agrees with me.
EXX down 3.64% to R20910 while thermal coal spot prices held steady—the disconnect suggests market's pricing in structural headwinds faster than fundamentals shift. Exxaro's bleeding out relative to Glencore's diversification play.
EXX down 3.64% to R20910 today while Glencore's coal exposure keeps it steadier. Exxaro's feeling the commodity pressure harder than diversified peers.
EXX down 3.64% to R20910 feels like panic selling. Thermal coal demand from Eskom and exports remains solid—this dip is a gift for accumulation at these levels.
Exxaro Resources (EXX) in the portfolio for 3 years. The thesis hasn't changed.
EXX at R21.7k down 1.36% while thermal coal futures holding up lekker — reckon the market's pricing in demand worries that Glencore (GLN) isn't feeling as badly. Dividend yield here still beats most JSE plays if they maintain production.
EXX down 1.36% to R21700 today - is this the market pricing in weaker thermal coal demand or just noise? That dividend yield looking stretched if volumes keep sliding.
EXX dropping 1.36% to R21,700 on a Monday morning - is this just profit-taking after the recent run, or are investors worried about thermal coal demand again?
EXX at R21850 is basically flat today but thermal coal demand from Eskom's desperation keeps this propped up—question is whether that's enough to overcome the structural decline in global coal or if we're just delaying the inevitable.
EXX down 0.72% to R21842 while thermal coal spot prices hold firm - contrast that with Glencore's coal division actually benefiting from supply tightness. Exxaro's underperformance feels more about execution risk than market headwinds.
EXX up 0.46% but that's cosmetic. Coal demand narrative is dead—thermal coal margins compressing hard. At R22101 you're pricing in way too much optimism on export volumes.
EXX crawling up 0.17% to R22,340 — thermal coal demand keeping the lights on but nothing to get excited about at this price.
Scooped up more EXX at R22030 despite the -2.54% slide today — coal's still got legs and this dip feels like noise rather than a real warning sign.
Down 2.75% on what exactly? Coal demand remains firm in SA and globally. EXX at R21984 is pricing in way too much doom when earnings will surprise on upside.
EXX at R22604 flat today but that thermal coal contract renegotiation risk keeps me sidelined until we get clarity on volumes.
EXX at R22500 is still wrestling with coal headwinds, but those thermal assets have a floor if we get a proper energy crisis bounce. Long-term though, the diversification into renewables feels more like insurance than a growth story.
EXX flat at R22440 today but energy demand from AI data centres could be lekker tailwinds long-term. Worth watching.