Hulamin (JSE: HLM) share price, discussion & sentiment

HLM getting crushed, rand weakness killing margins bad.

hulamin's basically a commodity play dressed up as manufacturing. at R1.74 you're betting on rand weakness and can demand staying soft, ngl that's a thin margin for error when energy costs are what they are here. wouldn't touch it unless alum prices get a proper kick.

ngl the aluminium demand story is broken right now, china's dumping cheap stuff everywhere and our rand weakness isn't helping margins like it used to. been nibbling at r1.74 but honestly the beverage can cycle looks messy for the next while, eish. not selling the dip yet though, just waiting to see if they can stabilize capex and show some cost discipline when results come.

HLM's been beaten down but the roll-out of beverage can demand in Africa should pick up through 2024, that's where the margin sits. At R1.74 the risk reward is very compelling, especially if energy costs ease off a bit. Patience looks like a real good idea here, catalysts moving forward.

HLM down 0.57% to R1.74 today while Conares and other industrials are holding steadier. The aluminium play looks weaker than peers on similar macro headwinds, though the dividend yield is still attractive if they can maintain output.

HLM's recovery to R1.74 suggests the market is pricing in some optimism around aluminium demand and margin recovery, though the real test will be whether management can sustain operational leverage through an economic cycle that still looks uncertain. The dividend yield at curren

HLM closing at R1.74 is pretty rough considering the rand weakness should be helping the export side. Margins getting squeezed on input costs and beverage can volumes aren't where they need to be. Long term if they can stabilize operations and aluminum prices recover, there's real value here but short term could stay messy.

hlm printing money with those beverage can contracts coming through. aluminum demand picking up globally and we're sitting at r1.74, absolute bargain compared to peers. cash position solid, divvy coming. this thing runs to r150 easy when the market wakes up.

HLM getting absolutely hammered on rand weakness and aluminium spot prices in the dirt. Rolling margins are cooked when your input costs don't move but output prices do, that's just physics. Stock's cheap on book value but you're betting on either rand recovery or a commodity bounce, neither is guaranteed. Big dogs don't cook they eat, this one's been starving.

HLM closed at R1.74, still looking weak on the aluminium rolling side. Beverage can demand holding up but automotive exposure is the real problem with all the OEM pressure. If they can get capex sorted and push margins back above 8% we might see some life, otherwise this stays range bound.

HLM down 1.69% to R1.74 today, nothing dramatic but the stock's been under pressure with aluminum prices wobbling and that earnings miss still fresh in investors' minds.

HLM down just half a percent today but I reckon the market is being too pessimistic on aluminium demand recovery, especially with what's happening in manufacturing across Southern Africa. This dip looks like a buying opportunity to me rather than a reason to panic.

HLM sitting at R174 with today's mild pullback, but what's interesting from a supply chain angle is the aluminium rolling cycle dynamics. My channel checks suggest automotive and beverage can demand remains resilient despite macro headwinds, which should support conversion spread

With HLM trading at R174, I'm curious whether the market is properly pricing in the structural tailwinds from automotive and aerospace demand recovery, or if the cyclical aluminum exposure is still the binding constraint on valuation here. The ROIC has compressed meaningfully fro

HLM down 1.08% today but the market seems to be overlooking the aluminium cycle setup. With energy costs stabilizing and automotive demand picking up in developed markets, the company's margin profile could surprise upside over the next two quarters, making this dip at R183 more

Hulamin's structural headwinds remain acute given the weak rand and subdued global aluminium pricing, which compress conversion spreads precisely when the firm needs margin expansion to offset elevated input costs and debt servicing obligations. At R186, the equity offers limited

Hulamin at R190 is interesting because it's in aluminium which is used everywhere, but I'm wondering if betting on one metal company is riskier than holding a resources ETF that spreads across different commodities. Does anyone else worry about putting money into a single resourc

HLM up 0.53% today, not much movement but at least it's green and that counts right?

Hulamin's aluminium rolling exposure offers compelling value when you consider the structural tailwinds from African EV supply chain localisation, though the cyclical nature of packaging demand and embedded leverage to rand weakness warrant caution on valuation multiples until we

Just picked up some HLM at R190 today, reckon the aluminium play is lekker undervalued with everything happening in the sector right now.