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Dusty Mountain

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About Dusty Mountain

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  1. Anybody invested here or just the sophisticated investors... manipulating the speculative market. ASX share price = 3.0 Aussie cents / JSE share price = R1.69 @ current exchange rate of 1 A$ = 10.83 ZAR Parity with ASX sees value @ R0.32,49 Disparity of R1.36,51 over valued on JSE BY 420%!!!! Somebody is milking the cows...
  2. TAWANA over 128% growth for the last 12 months starting 1st October last year, well done to all Tawana Holders!
  3. There she goes again over 12% today, good start to October with goodnews to follow.
  4. Moneyweb Investor JSE Rating - Tawana 3rd What a cursory examination of the JSE’s swallows and salamanders of 2017 will tell you is that Naspers is not the best-performing stock of the year. Having said that, it’s not difficult to see how its growth has been the biggest contributor to the 10.5% that the JSE All Share has advanced this year, well ahead of the 2.7% gain in 2016. Looking at the swallows, what is clear is that there is no rising tide lifting all boats. Retailers are not trending, nor are quick service restaurants - once a favourite with investors. Instead we have a mixture of cheap shares that are being rerated; shares where there is corporate action or the possibility of corporate action; and shares with a good growth story, substantiated by recent trading updates. And where there is a rising tide, for instance resurgent commodity prices are driving improved earnings, companies like Anglo Gold, Lonmin and East Plats are having a torrid time. The year’s biggest winners and losers on the JSE The salamanders are far more numerous than the swallows and provide visible evidence of an economy in distress. While small caps are feeling the sharpest losses, it is evident that mid caps, at the heart of the economy, are in distress. Common themes among the salamanders include: exposure to the sluggish domestic economy, increased exposure to government business where margins are lower and getting paid is a dream, rand strength, and overpriced shares being derated as a result of slowing earnings growth. The slow economy cannot be blamed for all ills. A theme that runs through some of these companies is poor management and poor decision-making. Arguably the likes of Taste, DAWN (prior to management changes), Basil Read, Stellar, Advanced Health and even Brait fall into this category. A company that has run hard is not necessarily a buy at current levels. And the same goes for a company that has rerated, such as AdaptIT. Many of these companies are now offering value. It truly is a stock pickers market. Swallows Swallows #1 & #4 African Phoenix African Phoenix, formerly African Bank Investments (Abil), resumed trade in February after shares were suspended in August 2014 following curatorship proceedings instituted against African Bank. African Phoenix’s only operating entity is Stangen, once the insurance arm for African Bank. The company’s assets include R1.8 billion in cash, a small insurance company called Stangen, and a R24 billion tax loss. The share performance since listing has been driven by a rerating. “The shares were suspended at very low values and the business rescue practitioners did a good job preserving value,” says Andre Steyn, a director of Steyn Capital and one of the biggest investors in Phoenix. The combined market value of the ordinary shares and preference shares is about R1.35 billion, well below the cash value of the business. The reason for the discount lies in the fact that preference shareholders hold most of the capital in the business, but don’t get dividends; ordinary shareholders have most of the votes and have a say over the dividend rights of preference shareholders. For this reason, preference shares are trading well below par value of R85. “This is an investment holding company with a classic shareholders’ conflict of interest dilemma that needs to resolved, and some capital allocation decisions to make,” he says. #2 Ecsponent Ecsponent invests in companies that offer a range of financial services in South Africa, Botswana, Swaziland and Zambia. The company reported profit growth of over 200% and a surge in cash flow from operations in the 15 months to March. This strong growth is necessary to service the interest payments on its R5 billion preference share programme. While management is comfortable with its funding structure, it also plans to look at third party debt facilities to reduce the cost of capital. #3 Tawana Resources The JSE- and ASX-listed exploration firm hit pay dirt last year with the acquisition of several projects that will see it jointly explore for lithium and other minerals in Western Australia. Initial results have proven positive. Lithium is used in the batteries of electric cars. #7 Murray & Roberts (M&R) The restructured and refocused M&R anticipates improved results in the new financial year having transformed itself into a multinational engineering and construction group. It has settled its disputes related to the construction of the Gautrain, announced the closure of the Middle East business, and the increase of its stake in the Bombela Concession Company from 33% to 50%. #8 Naspers A lot has been said and written about Naspers. The bottom line is that its holding in Tencent is worth more than Naspers, as a result investors acquire the other assets for nothing. Tencent is well run and is growing strongly. Chairman Koos Bekker may have the last laugh when some of the unlisted e-commerce ventures grow wings. #5 Montauk The US company which produces renewable gas and electricity from landfill sites, and was spun out of HCI in 2014, reported a 65% rise in revenue on the back of a 10% increase in renewable gas volumes in the year to March. The company declared a 39.5c per share maiden dividend after pre-tax profits rocketed 579% to $15.7 million. #6 Verimark This company should be renamed very cyclical. That said investors won’t complain about results for the year to February where profits after tax increased by 184.7% to R37.3 million. It is worth noting though that even after a 90% share price rise for the year, the share is still trading at 2012 levels. # 9 Greenbay Properties Greenbay is listed on the JSE, with a primary listing on the Stock Exchange of Mauritius. It owns retail assets in Slovenia and Portugal and owns stakes in listed assets from the US to Australia. The company raised R4 billion via a bookbuild process in August and in the process advised shareholders that it expects 25% growth in dividends per share for the 2018 financial year. #10 Mix Telematics Mix provides fleet and asset management software to customers in more than 120 countries. It is listed on the JSE and on the New York Stock Exchange in the form of American Depositary Shares. In April the company announced it had won a new global key account to provide premium fleet solutions with an anticipated rollout of 20 000 units over a possible 40 countries. In May it announced a share repurchase plan to buy back up to 12.9% of its shares through open market purchases. Such plans can indicate that the board believes its shares are undervalued
  5. Taken from Hot copper website concerning EV vehicles RE Tawana TAW Volvo Cars announced that every model from 2019 onwards would have an electric motor, making it the first traditional carmaker to call time on vehicles powered solely by an internal combustion engine. Volvo said on Wednesday that it would put electrification at the core of its business. From 2019 it will only make three types of cars: pure-electric, plug-in hybrids, and so-called “mild” hybrids combining a small petrol engine with a large battery. “This announcement marks the end of the solely combustion engine-powered car,” said Håkan Samuelsson, chief executive. “Volvo Cars has stated that it plans to have sold a total of 1m electrified cars by 2025. When we said it, we meant it. This is how we are going to do it.” The Swedish carmaker was purchased by Chinese domestic carmaker Geely in 2010. The new owners have proven to be a catalyst in the race to electrify its models, as China is already the world leader in electric car sales and Geely is the only Chinese-owned carmaker producing vehicles for the US. Nearly 265,000 pure-electric vehicles were sold in China last year, versus 110,000 in all of Europe, according to data compiled by EV-Volumes.com. Globally, the market for pure-electric cars is tiny, accounting for less than 1 per cent of sales last year, but the market is growing quickly. From January to March, global sales of plug-in vehicles — comprising EVs and plug-in hybrids — rose 40 per cent to 191,700 units, according to EV-Volumes.com. If the growth rate since 2013 were to continue, then eight out of 10 cars sold in 2030 would be plug-ins. Volvo said it would launch five pure-electric cars between 2019 and 2021. Three will come from Volvo while two will come from Polestar, the high-performance unit it launched last month. By 2019 no new Volvo cars will be sold without an electric motor, as internal combustion cars are “gradually phased out”, Volvo said. It also aims to make its manufacturing operations “climate-neutral” by 2025. Volvo’s agenda is likely to raise questions about the position of Tesla, the US electric car start-up whose market valuation has soared during a time in which it has no serious rivals in pure-electric cars. Tesla, which sold 76,000 cars last year, plans to produce 1m cars a year by 2020, yet at $58bn its market valuation is already larger than General Motors, which sold 10m cars last year. Tesla has garnered wild-eyed support from investors, who believe in the zero-emission future envisioned by chief executive Elon Musk. The first of Tesla’s all-important Model 3s — the car Mr Musk hopes will turn low-priced electric vehicles from worthy but range-challenged rides for do-gooders into an object of desire for the masses — are set to be delivered to customers on schedule this month. But the Volvo announcement underscores that its days as the only premium maker of electric cars are numbered. Jaguar has said that its all-electric sport utility vehicle, the I-Pace, will go on sale late next year, while Audi will begin selling two premium electric cars in 2019, the same year that Mercedes will launch its first electric sport-utility vehicle as part of its new EQ brand. At the Frankfurt motor show in September, BMW is expected to announce an electrified 3-Series car, its best-selling line of cars. By 2020, traditional carmakers are set to have a wide array of electric cars on offer, with ranges of about 500km, said Michael Muders, portfolio manager at Union Investment. “I think that it’s going to be pretty tough for Tesla to keep a position in this space,” he said. “The empire is going to strike back.”
  6. HOT NEWS!! Tawana on trading halt JSE and ASX, in anticipation of feasibility study, finally! Now time for this share to take off... Lithium demand is becoming huge regarding EV... From Hot Copper thread: Just watched this video you posted on another thread, thought i would post it here because it reinforced the reasons i have chosen to put most my eggs in the $TAW basket.
  7. Check out the JSE`s only Lithium stock TAWANA, looks like demand will be scaling up significantly imo Tesla To Build 10–20 Gigafactories Around The World As It Scales Up The 2017 Annual Tesla Shareholder’s Meeting on June 6th blew the lid off of new updates on Model 3, Model Y, and Tesla Semi, while also providing updates on more mundane business matters. One massive update was about the number of Gigafactories Tesla is planning around the world. CEO Elon Musk shared that it is planning for at least 10 Gigafactories, but could build as many as 20. The variance in his estimate is based on how other manufacturers respond to the challenge Tesla has thrown down. Let’s wind the tape back for a minute. Elon noted in the past that the world would need approximately 100 Gigafactories to produce all of the energy storage and electric vehicles it would need. His announcement today that Tesla would build 10 Gigafactories implies that it will own 10% of the world’s future energy storage and electric vehicle capacity. Assuming Tesla can sell its cars, the full manufacturing capacity of those Gigafactories will come straight out of the market share of existing automotive companies. If they do not respond to the inevitable shift of consumers to electric vehicles in time, Tesla will have more time to eat up their market share. That clearly includes the market share of BMW, Audi, Mercedes, and Lexus, among others. Tesla estimating that it will build 10 to 20 Gigafactories is a statement that Tesla believes it will have to build at least 10 Gigafactories at the current pace before other manufacturers catch up. If they respond slower, which seems to be the case with every automotive manufacturer today with the exception of perhaps Chevrolet and its Bolt, Tesla would have an even larger head start in the transition to electric vehicles and would be able to build more factories before there were enough competition to saturate the market.
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