2020 has kicked off with no shortage of excitement, with global geo-political tension front-of-mind for many investors. While there has not been a lot to shout about in the last few years for small-cap investors on the JSE, there might be some light at the end of the tunnel.
The below graph tracks the performance of…
Shares in Gemfields have risen 14% in the last 30 days to trade as high as R1.85. 9% of these gains have taken place in the last 7 days.
Gemfields closed on Friday 11 October 2019 at R1.80, a steep discount to the reported Net Asset Value of R6.05/share.
Below is a breakdown of the intra-day price…
Having taken some profits on Reunert and Imperial Logistics in recent weeks, we highlight some of the shares which are currently sitting on our radar at the moment.
African Media Entertainment:
Lack of liquidity has been a continuous issue for AME which is now trading on a forward Price to Earnings (PE) multiple 3.6 times earnings and…
As a data-driven platform, we spend a lot of time analysing Google search terms and search trends. This allows us to identify where investors are seeking information related to specific company share prices.
This list may provide insights into interesting investment opportunities, particularly in the small and mid-cap space.
4Sight Holdings
The technology group is down 51%…
The global coloured gems market is estimated to turn over between $2bn and $3bn per year in rough gemstones and in some circles are being touted as the new diamond market. While the market has drummed up some interest, two of the major listed players (Gemfields and Fura Gems) have failed to fire to dat.
Gemfields…
JSE-listed equities have had a tough time since rolling into the second half of 2019 and if you weren’t in gold or platinum stocks then your local portfolios have failed to inspire.
The following shares are currently on our radar and worth keeping an eye on:
Imperial Logistics:
With more than 50% of it’s earnings coming from…
While Gemfields (previously Pallinghurst) has been a serial under-performer on the JSE, it is worth noting that the rebound in precious metals prices in recent weeks and above average volume that went through recently.
Precious metals prices
In recent weeks, the platinum price has climbed back toward the $850/ounce mark while gold has consolidated above the $1400…
Edison Advisory recently initiated coverage on Gemfields Group with a sum-of-the-parts valuation of ZAR5.01 per share. In this bitesize briefing we give an overview of the group’s three main assets, Kagem, MRM and Fabergé, and we discuss the company’s value proposition driven by strong EBITDA growth forecast over the next five years.
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Gemfields (previously Pallinghurst) has endured a torrid 5 years with the share price down 59%. The share is down 35% over the past 12 months but recently newsflow suggests that there might be catalysts for a change of fortune.
Gold Exploration:
With the gold price finding renewed momentum and flirting with the $1400/ounce level, the announcement…
The JSE continues to be under pressure in Tuesday trade as broad-based selling weighs on the bourse.
Here are some of the stories from Tuesday in the small and mid-cap sectors:
Strong results from Wescoal
The coal and resources group reported a strong set of results with Headline Earnings Per Share up 311% and strong improvement in cash-flow…
Emerging markets continue to feel pain from the currency rout and the Rand is trading over R13 to the US dollar.
These are some of the stories catching the eye on Friday in respect of the small and mid-cap sectors on the JSE:
Ansys makes acquisition
Industrial group Ansys has finalised the acquisition of LAWTrust. Which the company…