Jump to content

JSE Resource Companies


YoungInvestor

Recommended Posts

Resources - Any particular reason you want to climb in, I mean I know Kumba made like 300% and Lonmin made a few of us quite happy during the rights offer, but all in all this sector's return in the long haul is quite bitter. The Satrix Resi is down like -22.93% the last 3 years.

 

To me resources are so cyclical you practically need to be a trader to play in this sector.

Join the official JSE Discord Channel

Link to comment
Share on other sites

Agh, just wanted to throw it out there. I follow the iron ore market closely and I can't understand why people are so bullish on Kumba? The copper and graphite markets look fantastic going forward but dont know what companies deal exclusively in these spaces.

 

Keep in mind, most of my investments are for the very LT so buying in low and risky doesnt really phase me.

Link to comment
Share on other sites

  • 2 weeks later...

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.



×
×
  • Create New...