Mashithembe

Mashithembe Updated 

This trend is changing might be after results release The restricted export of Amarula from South Africa also contributed to overall revenues and volumes declining by 10.3% and 15.4% respectively. Distell’s International Spirits business proved buoyant, with positive volumes and revenues recorded in the fiscal period. Overall, as a result of the above, Distell...

Mashithembe

As can be seen ..the latest dip is not oil price driven

Mashithembe

Sasol has a recovery plan , they have assets with a combined value more that its current value. There was some confidence in this recovery plan and by end of August we would know if they will avaid or to what extend they might have to do a rights issue. this recovery plan had some bad news issued 4 days ago and was the beginning of the correction. The USA project...

Mashithembe

At the start of this Clicks traded -30% below Dis-Chem now Dis Chem is traded 35% down on Clicks .... They both had problems with Fines but Dischem is loosing face with investors ...in general there news is problematic. There timing on buying Baby City may or maybe good ...Not sure what to think of them . There should be upside . I hold at this price but i am...

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They lost 30 % did not recover at the same pace. They are buying baby city and increasing debt ? Not sure what to think ? I am still neutral and at a 6% loss , I am concerned that i might wait too long here . Any views

Mashithembe

Trading update and pre-close investor call Distell Group Holdings Limited REGISTRATION NUMBER: 2016/394974/06 JSE share code: DGH ISIN: ZAE000248811 (‘Distell’ or ‘the Group’ or ‘the Company’) TRADING UPDATE AND PRE-CLOSE INVESTOR CALL TRADING UPDATE COVID-19 Update The board and management of Distell wish to update the market on various elements of...

Mashithembe

Need to watch this ......at the time i posted the previous idea on Harmony they where lagging on Rand price for Gold. This is no longer the case . Need to watch closely now ...maybe one more day but then i think i am out of there......gold price can support but not undervalued anymore .....and SA covid risk will weigh in

Mashithembe Updated 

DISTELL GROUP HLDGS LTD is trading close to the low after the big fall . In SA they where hit by the ban of alcohol sales and currently sales only available on week days. with SA lock down in easing mode and the court case of tobacco so far potentially supporting lifting of the ban . Restaurants will partially open this week for the first time . This might be a...

Mashithembe

Would like to get some views on the BTI tobacco ban , looks like this court case will succeed and this might give this share some life again . Not sure if some of you want to share your opinion on the share

Mashithembe Updated 

Looking at relative performance DRD (surface gold operation) and the Gold price in Rand , Harmony might have been lagging because of the transaction in buying Mponeng from Anglo Gold Ashanti and/or Covid risk . However i think this might present a opportunity depending on whether you want to bet on Gold