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$3.32 south32 limited

Why is S32 Share Price falling?, page-8

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Esra Star

1,264 Posts.

158

05/07/19

17:34

Post #: 39396595
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Originally posted by noonster: ↑

I believe it is due to their coal exposure in Sth Africa. Market doesn't like coal nor Sth African exposure. If sale happens on their Sth African coal the share price will get a nice uplift I think.I bought more today because at these levels I think they are one of the value bets on the ASX, It has traded between $3-4 now for two years and is at the bottom of this range now.It has bought back a large amount of its stock improving future EPS, given flat growth. It only pays out 60% of its dividend and has a good yield so has headroom to keep paying this level or more. it is a cash generation machine with relatively low capital intensity. Finally it is seeking to sell its coal business in Sth Africa which the market doesn't like.

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Last edited by Esra Star: 05/07/19

S32 Price at posting: $3.16 Sentiment: Hold Disclosure: Not Held
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0 Great analysis

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(20min delay)
Last $3.32		Change -0.050(1.48%)		Mkt cap ! $15.03B

Open	High	Low	Value	Volume
$3.32	$3.39	$3.29	$51.35M	15.35M

Buyers (Bids)

No.	Vol.	Price($)
11	237234	$3.32

Sellers (Offers)

Price($)	Vol.	No.
$3.34	21732	3

View Market Depth

No.	Vol.	Price($)
11	237234	3.320
7	68077	3.310
8	32313	3.300
11	102791	3.290
6	42893	3.280

Price($)	Vol.	No.
3.340	21732	3
3.350	19632	3
3.360	136332	4
3.370	152408	7
3.380	195242	9

Last trade - 16.10pm 23/04/2024 (20 minute delay)


Last $3.33			Change -0.050 ( 1.22 %)
Open	High		Low	Volume
$3.31	$3.39		$3.29	6346044
Last updated 15.59pm 23/04/2024 ?

S32 (ASX) Chart