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MCZ SITTING AT R3.16 AND PEOPLE ARE SLEEPING ON THIS!! COAL DEMAND NOT GOING ANYWHERE WITH ESKOM NEEDING DOMESTIC SUPPLY AND EXPORT MARKETS STILL HUNGRY. LOOK AT WHAT HAPPENED TO GLENCORE AND ANGLO WHEN THEY CAUGHT THESE MOVES. MASSIVE UPSIDE HERE IF THEY GET PRODUCTION COSTS DOWN, LFG!!
coal price recovery looking thin hey, eskom still battling and export demand meh. mcz sitting at r3.16 but fundamentals havent really shifted, still waiting to see if they can actually turn cash generation around. probably a turnaround story but timing is hectic.
Coal got smashed this week but mcz sitting at r3.16 is basically giving away the asset. eskom still needs power, exports are there, just sentiment killing it. long term play if you can stomach the volatility.
Spent last night on the AFS. Margins tighter than I thought but recoverable.
eish, swordfish onto it though. mcz's problem isn't the coal, it's the balance sheet taking strain. if eskom actually commits to buying domestic again margins could rip but at r3.49 you're betting on operational turnaround, not just commodity bounce. rand strength helps but load shedding is still destroying volumes, can't ignore that.
SWORDFISH IS RIGHT, WHEN ESKOM GETS ITS ACT TOGETHER MCZ IS GONNA RUN!! THERMAL DEMAND IS COMING BACK AND THE RAND IS STILL WEAK WHICH HELPS EXPORT MARGINS HEAPS, LOOK WHAT HAPPENED TO GLENCORE COAL WHEN CONDITIONS TURNED, THIS IS GONNA BE MASSIVE!! BEST IS YET TO COME!!
mcz at r3.49 is basically giving away thermal coal exposure while eskom keeps the lights off. if load-shedding gets worse coal demand actually goes up, not down. balance sheet is weak but the commodity trade is there if you can stomach the volatility.
Coal story's still got legs ngl, eish the rand weakness helps export margins and Eskom's still burning through inventory. At R3.49 good day to top up if you believe the cycle isn't finished, I put an order at R3.35 last week and got filled on weakness.
margins expand hard once eskom stabilises, mcz's cost base is solid compared to peers and rand weakness actually helps export pricing. at r3.49 you're not paying much for the recovery, risk reward is very compelling here if load shedding eases in the next 12 months.
Eskom keep bleeding so thermal coal story should hold up, but MCZ balance sheet still looks stretched compared to where it was two years back. Not selling tho, coal cycle turns eventually and we're positioned for when it does. Long-term view hasn't changed.
coal's got legs if eskom actually sorts itself but mcz at r3.49 is pricing in a lot of pain already, reckon the margins are there when thermal demand picks up again, just need the rand not to crater and load shedding to stop being a feature not a bug
MCZ bleeding a bit today at 3.40, but coal's still got legs with energy crisis headlines keeping the sector in play.
MCZ sitting at R3.32 is basically free money if Eskom ever gets their act together. Thermal coal demand doesn't disappear overnight, just need SA to stop being a basket case on power supply. Long way from the glory days but the balance sheet isn't falling apart like some others in the space.
MCZ sitting at R3.32, eish that's been a rough ride. But real talk, if eskom keeps struggling with load-shedding, thermal coal demand stays lekker strong locally. Export markets also helping, just need to see if they can actually turn the operational stuff around and stop bleeding cash.
mcz sitting at r3.32 and thermal coal demand staying strong with eskom needing domestic supply. if they can keep costs down and get some export deals going, long term this could be solid. coal's not going anywhere anytime soon no matter what people say lol
mcz closing at r3.32 is pretty weak given the coal cycle we're in. eskom still desperate for supply and these guys should be printing money but balance sheet looks stretched. comparing to anglogold or other cyclicals, mcz trades like people dont believe the recovery sticks. could be a value trap or could be the setup before they announce something on coal contracts. watching for any sens on offtake agreements.
MCZ getting hammered down 3.28% but coal cyclicals tend to be oversold when sentiment shifts. At this price you're looking at a dirt cheap play if thermal demand holds up, though the longer-term energy transition headwinds are very real.
MCZ popping 6% today, reckon coal's getting some love again as energy prices stay elevated. At R3.66 the momentum's there but I'd want to see if this sticks or if it's just dark pool repositioning ahead of earnings.
MCZ getting hammered 5.71% today but the coal cycle still looks decent for the next 18-24 months, especially with global energy demand holding up and local generation shortages keeping Eskom desperate. The real question is whether the company can execute on capex discipline while