Showdown
A showdown is looming in the gold mining industry. On the one side we have Sibanye Stillwater which is now South Africa’s largest gold producer represented by Neal Froneman, and on the other the notorious Association of Mineworkers and Construction Union (AMCU) led by Joseph Matunjwa. Froneman is a tough, experienced mining engineer who has taken on the task of reviving and consolidating South Africa’s ailing gold mining
Capitec Revisited
On 19th February 2018, about two weeks after the Viceroy report on Capitec that took the share price down 25%, we published an article in which we suggested that Capitec was in fact very cheap, because its Price:Earnings Growth ratio (PEG) was at just 0,63. At the time, Capitec was trading for around R820 per share. The PEG ratio can be easily calculated
Pan African Resources
Normally, we advise private investors, especially beginners in the share market, to stay away from commodity shares because of their volatility. Commodity prices are set on international commodity markets over which commodity producers usually have little or no control. This means that it is difficult for a commodity producer to have any clear idea of exactly how much he will be able to sell his product for. At the same time