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Coal demand staying strong offshore keeps the cash flowing in, which is what matters when you're sitting on…by @easystreet_jse on $TGA

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EasyStreet@easystreet_jse·Bearish

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.

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