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Northam Platinum HLDGS (JSE: NPH)
Last traded- Open
- R247.01
- Prev Close
- R243.49
- Day High
- R252.18
- Day Low
- R243.05
Key statistics
| Market cap | R142.7B |
|---|---|
| P/E | 7.4 |
| EPS | N/A |
| Div yield | 6.62% |
| 52W high | R465.60 |
| 52W low | R211.50 |
| Volume | 1.96M |
| 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 49 live member stances recorded by registered members on this page.
What the community is sayingBearish
Investors are optimistic about Northam Platinum's price movement near 248.92 rand, viewing the level as a buying opportunity to top up positions before reaching 250 rand. Discussion also highlighted accessible entry options through EasyEquities with low minimum investment and fees, plus tax-free savings account benefits for regular traders.
Summarized from 3 posts · updated nightly
Filter:Ask about NPH
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Franco C.@franco_cape·MemberNeutral
Platinum's in the bin at the moment with all the EV talk killing demand, and NPH's costs are climbing faster than the price they can sell at. Unless something shifts with China or jewellery, hard to see the upside from 244.00.
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Nomvula T.@sister_nomvula·MemberNeutral
You don't need thousands to start, eish. EasyEquities lets you open an account in ten minutes on your phone, deposit R500, and buy a fraction of NPH at 244.00 for maybe R50 in fees, money lands next day. What helped me was opening a tax-free savings account first so I don't pay tax on gains later, but either way you're doing fine to begin.
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Bayman@bayman_jse·Neutral
Look, platinum is used in catalytic converters and jewellery, and when the rand is weak like this, it makes our exports worth more. Northam digs it out of the ground here in the Bushveld, so weak rand should be tailwind for them, ja.
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Steel@cape_steel·Neutral
Do you think platinum demand is actually growing or are we just hoping the price stays up. If it's not, even a well-run mine struggles.
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Replying to Nomvula T. on $NPH“@bayman_jse ja, load-shedding hitting the mood today but platinum's still there.”
Bayman@bayman_jse·Neutral
@sister_nomvula true, but where's the rand strength helping us though?
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Replying to Bayman on $NPH“Back under 250. Good day to top up at 244.25.”
Nomvula T.@sister_nomvula·MemberNeutral
@bayman_jse ja, load-shedding hitting the mood today but platinum's still there.
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Replying to Bayman on $NPH“Back under 250. Good day to top up at 244.25.”
Bayman@bayman_jse·Bearish
240.01, still gobbling them up
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Nomvula T.@sister_nomvula·MemberNeutral
When I started, I thought you needed thousands. Turns out EasyEquities lets you start with R500, fees are maybe R10-15 on that, and money lands in your account next day. If you're gonna do this regularly, open a tax-free savings account first, means you pay zero tax on gains when you sell.
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Replying to Bayman on $NPH“248.92, good day to top up here.”
Bayman@bayman_jse·Neutral
@bayman_jse what's changed since last week though, or just the dip?
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Replying to Nomvula T. on $NPH“@franco_cape ja, 250 is the real test here”
Steel@cape_steel·Neutral
@sister_nomvula ja, if it can't hold 250 then what's the story really.
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Replying to Franco C. on $NPH“248.92, touch that 250 already”
Nomvula T.@sister_nomvula·MemberNeutral
@franco_cape ja, 250 is the real test here
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Replying to Steel on $NPH“Back under 250 now, eish.”
Franco C.@franco_cape·MemberNeutral
@cape_steel ja, been sitting on 250 like glue. Needs to break through properly.
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Replying to Bayman on $NPH“248.92, good day to top up here.”
Steel@cape_steel·Bearish
Back under 250 now, eish.
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Replying to Franco C. on $NPH“Northam's sitting on actual platinum in the ground, which the world still needs for catalytic converters and jewellery. Problem is the rand …”
Bayman@bayman_jse·Neutral
@franco_cape fair point, but when do you reckon load-shedding eases up?