Is EXX cheap?

[Samir]

A live quote on EXX lists a div yield of 4.86% and PE of 7.21. How up to date is this? At PE of 7.21, shouldn't ppl be snapping it up? Or is PE irrelevant for miners?

[DEP]

that data is for old kumba. EXX not cheap

[#3]

Actually the other way round. Check the price line of Exxaro and take note of the data on the 8th and the 9th of January 2007.

[Samir]

Now im confused.. I see the unbundling effect but when are divs expected? If any?

[#5]

Hi Samir, I was also a bit confused with Exxaro when the PE dropped overnight by more than 10 multiples with no apparent Sens announcement or financial statements? Exxaro will be releasing a Sens on the 22nd of February 2007 according to Standard Bank's website. Click on Company News and the link called "next results due". From what I can make out the unbundling of Kumba resulted in Exxaro the BEE counterpart getting basically the Coal and Kumba getting the Iron Ore, plus a few other minerals. Go check out Exxaro's website for more information. http://www.exxaro.com/content/main/home.asp Hope this helps. Regards, BTTB.