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Impala Platinum Hlgs (JSE: IMP)
Last traded- Open
- R189.90
- Prev Close
- R185.78
- Day High
- R191.09
- Day Low
- R181.20
Key statistics
| Market cap | R164.1B |
|---|---|
| P/E | 5.3 |
| EPS | N/A |
| Div yield | 4.92% |
| 52W high | R372.45 |
| 52W low | R164.27 |
| Volume | 5.17M |
| Listed | N/A |
Price and fundamentals data is supplied by EODHD, with Yahoo Finance as a fallback source. Sentiment is computed by StockTalk SA from 56 live member stances recorded by registered members on this page.
What the community is sayingBearish
Investors are concerned about Impala Platinum's continued decline, with the stock trading around 181-183 rand and showing persistent weakness. While one investor notes the stock is holding its recent levels, the overall mood reflects frustration about the lack of a clear bottom.
Summarized from 3 posts · updated nightly
Filter:Ask about IMP
FR
Replying to Lerato K. on $IMP“platinum's in car engines right, so why has IMP dropped so much this year?”
Frik v.d.M.@oom_frik_explains·MemberNeutral
@lerato_tfsa the metal price itself dropped hard this year, and when the rand weakens it costs IMP more to run the mines. Both squeeze profits even if demand stays steady.
AY
Replying to Lerato K. on $IMP“platinum's in car engines right, so why has IMP dropped so much this year?”
Ayesha P.@dividend_mum_ayesha·Neutral
@lerato_tfsa ja, it's in catalytic converters. But the metal price fell and mining costs more when the rand is weak, so the profit shrinks even if cars still need it.
DA
Replying to Lerato K. on $IMP“platinum's in car engines right, so why has IMP dropped so much this year?”
Dan O.@fees_first_dan·MemberNeutral
@lerato_tfsa platinum price itself is down, and mines cost more to run when rand weakens. Those two things hit the share price harder than the actual demand story.
LE
Lerato K.@lerato_tfsa·Neutral
platinum's in car engines right, so why has IMP dropped so much this year?
BO
Replying to Boetie B. on $IMP“183.09 now, down a bit. Holding though.”
Boetie B.@braai_boet·Neutral
@braai_boet same, not selling on days like this. Platinum's been beaten down enough already.
SW
Replying to Boetie B. on $IMP“183.09 now, down a bit. Holding though.”
swordfish@swordfish_sa·Bearish
181.52, bit rough today hey.
BO
K.
Replying to K. Maphosa on $IMP“R183.09, down again. Where's the floor.”
K. Maphosa@k_maphosa·Neutral
@k_maphosa ja, nobody knows where it stops.
BO
K.
BO
SW
Replying to swordfish on $IMP“Platinum's been hammered because cars aren't selling like they used to, and that's what the catalytic converters need. IMP mines the stuff s…”
swordfish@swordfish_sa·Neutral
@swordfish_sa exactly, automotive's the real engine here
SW
swordfish@swordfish_sa·Bullish
Platinum's been hammered because cars aren't selling like they used to, and that's what the catalytic converters need. IMP mines the stuff so when demand drops, so does the share price.
BO
Replying to Boetie B. on $IMP“186.75 now, eish. Down again today.”
Bongani Z.@bongani_crypto_curious·Neutral
@braai_boet ja, feels like panic more than anything real changing with the company
BO
BO
K.
SW
swordfish@swordfish_sa·Neutral
IMP's got the grit of a Bulls pack, just needs the forward momentum.
BO
Boetie B.@braai_boet·Bearish
Impala's been getting hammered on the rand weakness mostly, but platinum prices are holding up okay overseas. Problem is load-shedding keeps crushing their costs, so even when metal prices move, the margin doesn't follow like it should.