NtsikeleloZ

CA(SA)

[NtsikeleloZ @Ntsigoo]

@SizweDhlomo Agreed

[NtsikeleloZ @Ntsigoo]

@GrindeOptions lol

[NtsikeleloZ @Ntsigoo]

@TradersCorner Great article Garth, thanks.

[NtsikeleloZ @Ntsigoo]

@MoneyTradeEdge This is the worst advice

[NtsikeleloZ @Ntsigoo]

@Steez0147 8, 6, 9, 4, 1

[Marco Olevano, CFA @MarcoOlevano]

#AMS #ANGLOPLATS
Anglo American Platinum 2023 Annual Results and Restructuring: Summary

Key Points:

Financial Performance:
🔵Total PGM production down 5% due to infrastructure closures and lower grades.
🔵Realized dollar basket price fell 35% to lowest level since 2019.
🔵EBITDA declined 67% to R24 billion due to lower prices and higher costs.
🔵Headline earnings down 71% to R14 billion.
🔵Company remains in net cash position of R15 billion.

Restructuring:
🔵Proposed Section 189A process could impact ~3,700 jobs in South Africa.
🔵Contractor/vendor review could impact ~620 service providers.
🔵These measures aim to reduce costs, improve competitiveness, and ensure long-term sustainability.
🔵Well-being support program and social impact mitigation measures planned.

Future Outlook:
🔵Optimistic about long-term demand for PGMs.
🔵Taking necessary steps to ensure long-term viability and competitiveness.
🔵Committed to safety, operational excellence, and organizational effectiveness.

[Marco Olevano, CFA @MarcoOlevano]

#TKG #TELKOM
Telkom Trading Update for the Quarter Ended 31 December 2023

Highlights:

🔵Group revenue up 2.0% to R11 304 million
🔵Group EBITDA stable at R2 477 million
🔵Telkom Consumer revenue up 4.8% driven by mobile data growth
Openserve fixed data NGN revenue up 6.2%
🔵BCX revenue marginally down 0.7%
🔵Swiftnet revenue up 4.7%

Group Performance:

🔵Telkom made good progress in Q3 FY2024, positioning itself as a leading infrastructure company.
🔵Revenue growth driven by compelling data-connectivity propositions from mobile and fixed networks.
🔵Cost reduction initiatives partially offset inflationary pressures.
🔵Group EBITDA remained stable despite inflationary pressures and weak economic growth.
🔵Telkom remains committed to meeting its medium-term guidance.

Operational Review:

🔵NGN driving revenue growth, with mobile data traffic up 19.7%.
🔵Mobile subscribers grew 6.4% to 19.7 million, with mobile data revenue up 11.5%.
🔵FTTH connections increased 20.8% to 567 350 homes, with fixed data traffic up 24.4%.
🔵Openserve EBITDA increased 7.0% to R1 014 million.
🔵Telkom Consumer EBITDA increased 20.6% to R983 million.

Business Unit Performance:

🔵Telkom Consumer: Revenue up 2.5% to R6 875 million, driven by mobile and fibre offerings.
🔵Openserve: Revenue down 3.1% to R3 120 million, but NGN revenue grew 6.2%.
🔵BCX: Revenue down 0.7% to R3 482 million, with IT business growing 13.1%.
🔵Swiftnet: Revenue up 4.7% to R333 million, with EBITDA up 11.3%.

Future Outlook:

🔵Telkom remains committed to its value unlock strategy through the proposed disposal of Swiftnet.
🔵Regulatory and legal update provided, including ICASA call termination rates review and spectrum licensing.
🔵Financial information for the quarter is included in the update.

Overall, Telkom delivered a solid performance in Q3 FY2024, with NGN growth and cost management initiatives supporting results. The company remains focused on its strategic priorities and is well-positioned for future growth.

[Marco Olevano, CFA @MarcoOlevano]

#KIO #KUMBA

Here is a summary of the 2023 annual results of Kumba Iron Ore:

Financial Highlights:

⚫️Revenue: ZAR 86.2 billion (up 16% year-on-year)
Earnings per share (EPS): ZAR 70.80 (up 52% year-on-year)
⚫️Headline earnings per share (HEPS): ZAR 70.80 (up 26% year-on-year)
⚫️Dividend: ZAR 46.80 per share (up 4% year-on-year)

Operational Highlights:

⚫️Production: 35.7 million tonnes (down 5% year-on-year)
⚫️Average realised FOB export price: US$117/tonne (up 15% year-on-year)
⚫️C1 unit cost: US$41/tonne (down 4% year-on-year)
⚫️Net cash: ZAR 13.2 billion

Other Highlights:

⚫️Committed to safety and sustainability: improved total recordable incident frequency rate and invested R71.1 billion in shared value creation.
⚫️Continuing to unlock value: achieved cost savings of R1.0 billion and maintained a resilient EBITDA margin of 53%.
⚫️Balanced capital allocation: increased attributable free cash flow by 43% and declared a final cash dividend of R24.20 per share.
⚫️Reconfiguration process underway: reducing production profile to 35-37 Mt for 2024-2026 and targeting cost savings of R2.5-3.0 billion in 2024.

[NtsikeleloZ @Ntsigoo]

@IvanBreytenbach 😂😂😂

[NtsikeleloZ @Ntsigoo]

@Grootboom_ @MadikizelaThado You will regret it. Never leave a job for school, try do it while working if possible.

[NtsikeleloZ @Ntsigoo]

@terencetobin That's Ben Graham's philosophy

[NtsikeleloZ @Ntsigoo]

@SAValueInvestor Buy Capitec, short Sibanye Stillwater, hold Richemont

[Brian Feroldi @BrianFeroldi]

Warren Buffett:

How to calculate intrinsic value

[Brian Feroldi @BrianFeroldi]

15 visuals every investor should memorize:

1: In the long run, stocks win:

[NtsikeleloZ @Ntsigoo]

@TraderDivergent @TradersCorner

[The Finance Ghost @FinanceGhost]

If you're looking for a podcast to enjoy this weekend, my chat with @TradersCorner is a good choice:

https://t.co/cs2FJXgrTP

[Garth Mackenzie @TradersCorner]

Taking with Traders #podcast. This week I interview @FinanceGhost. We discuss 3 of his latest Magic Markets stocks: Accenture, Sysco, Ferrari. Always fun talking to the Ghost! Sponsored by @IGSouthAfrica

https://t.co/S11OqhWpC4

[Garth Mackenzie @TradersCorner]

Still hangs on my office wall as a reminder of 2008… got that nervous feeling again..

[Bevan "Hlāfweard" Jones @AmatholeMist]

@TradersCorner Compared to 2008, we're about half-way through the downturn. The really big falls happen towards the end of the move as capitulation forces the bear to jump out the window. Right now, he's just standing at it, feeling sorry for himself.

[Garth Mackenzie @TradersCorner]

This incredibly strong US Dollar #USD will surely wreak havoc with earnings of global mega companies when they report Q3, Q4 earnings… along with growth slowdown. Not sure if the S&P500 is pricing in enough downside yet… ??