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TGA up 5% today on the back of coal prices holding firm, and it's trading at a decent discount to Exxaro on a P/E basis even though both are riding the same thermal coal wave. The dividend yield on TGA is looking thicker than most of its peers right now, but the sector's still go
TGA up 5% today on what looks like thermal coal demand holding up better than expected. At current levels the dividend yield is starting to look interesting for income investors, though you need to watch the coking coal spread closely because that's where the real margins sit.
coal is dead long term, eskom keeps choking on load shedding so domestic demand is weak and nobody wants thermal coal exports anymore. tga's got decent cash but the runway isn't infinite if prices stay where they are. better plays in the sector but this isn't a bankruptcy watch yet.
Coal prices have been getting smashed on global slowdown fears and that's dragging TGA down with it, but the rand weakness is actually helping export margins when you do the math. Long-term view hasn't changed, eish, just annoying to watch when everything's risk-off.
Coal cycle still has legs, eskom demand isn't going away and export prices holding up better than people think. TGA's capex light compared to peers, cash generation solid. R140 is interesting if you're patient on the catalysts ahead, risk reward compelling at these levels.
Coal's still got legs ngl, eskom needs the stuff and internationally prices aint collapsing like they were. TGA's pulling decent margins at these levels even with rand weakness. Not selling at R140.60, good day to top up imo.
Coal demand staying strong offshore keeps the cash flowing in, which is what matters when you're sitting on R151.83 with R150 support right there. Dividends have been solid enough to keep holders happy but the rand weakness is a double edge, helps export prices but smacks the balance sheet. Been watching the volumes and sentiment feels split, some reckon it's a dead sector, others know global coal ain't going anywhere near term.
TGA down 1.10% to R134.50 today, probably profit-taking after the coal rally. Dividend yield is still lekker at current levels if they maintain distributions, but need to watch thermal coal prices and whether they can sustain production volumes through the cycle.
TGA down 1.10% today but the dividend yield is sitting pretty around 12% at current levels, which is hard to ignore if coal demand stays sticky. Earnings are lumpy in this sector though, so you're essentially betting on commodity prices holding up rather than any structural growt
TGA's up 3.60% to R13250 today, which tracks with the coal bounce we're seeing globally as energy concerns stay real. Long-term though, the coal narrative is getting squeezed from both sides: demand pressure from the energy transition, but actual capex constraints mean we might s
TGA's up 4.39% today but coal's structural headwinds remain real. longer term this depends entirely on whether they can pivot to cleaner energy or if thermal coal demand holds up in SA's power crisis. The dividend yield is attractive now but that's partly a reflection of the risk
TGA at R12706 is a tale of two futures. the coal cycle has legs left given global energy crunch, but thermal coal demand is structurally declining long-term, so you're banking on management executing the exit strategy while prices stay elevated. eish, the margins are lekker now b
The market's mild selloff on TGA today feels overdone given where thermal coal futures are trading in the near term, especially with load shedding keeping demand signals solid locally. Ja nee, the commodity cycle has legs left in it before we see the structural decline everyone's
Thungela's structural headwinds from the energy transition are real, but the counter-cyclical cash generation during this thermal coal spike provides a genuine window to de-lever and extend runway. The market's fixation on coal as a sunset sector obscures the fact that TGA is tra
TGA's selloff today looks overdone from a supply chain perspective. The 3.7% drop suggests investors are overreacting to what's likely normal seasonal inventory rotation rather than fundamental deterioration in logistics throughput. My channel checks with regional distributors still indicate solid demand for transport services, and with fuel costs remaining relatively benign, the margin profile sh
TGA's taken a knock today but that's just weather in the market, hey. At these levels you've got to ask yourself if it's a genuine storm or just the soil settling after rain, so check where the dividend yield is sitting and whether the fundamentals have actually changed. Sometimes a 3.7% dip is your chance to average down if you believe in the crop you planted.
Thungela's structural headwinds remain formidable despite the rand strength offsetting some export margin compression. The thermal coal demand destruction thesis hasn't materialized as catastrophically as consensus feared, but the company's inability to generate meaningful free c