Thungela

121
As expected, TGA came with great results. >100% revenue and profit increases, and a fat dividend of R40/share. Great.

The share price is testing the previously anticipated low of near R177/share; the share price has been moving downwards since the last dividend declaration. Hopefully buyers will step in at current levels, especially dividend hunters. It won't be nice to see TGA shed R40 on ex dividend date at this level.

Will buyers step up?

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.