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is KIO a buy yet?

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Not applicable
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16 REPLIES 16
SimonPB
Valued Contributor
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Not applicable
Thanks Simon. You are always helpful. Here and on twitter. What would you consider a buy at the moment?
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sponono
Super Contributor
took a short today. Stop loss R405, lets see how Pressie deals with this one
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Preston
Super Contributor
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Not applicable
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dilligaff
Super Contributor
Verbally, every share is always a 'bye (or hopefully a 'bye)
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sponono
Super Contributor
sorry I meand Pre-stone
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sponono
Super Contributor
sorry I meant Pre-stone
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sponono
Super Contributor
sorry I meant Pre-stone
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Rams
Super Contributor
Did you meaned Pre-slow?
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Rams
Super Contributor
Best to move on from this thread......
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Not applicable
It is not my cupatea - but I don't think KIO is that bad an investment. Spot Iron Ore is in decline and there is a potential for oversupply globally, but it is still a high margin product. KIO dividend yields alone make it attactive still - but you will be betting on the rand exchange rate if you think KIO will keep that yield. They don't have any expansion prospects (as far as I know) - so this is a play on spot iron ore and exchange rate.
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Preston
Super Contributor
Spo no no no. i am neutral on KIO.
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Preston
Super Contributor
Spo no no no. i am neutral on KIO.
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Preston
Super Contributor
Spo no no no. i am neutral on KIO.
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dolf2014
Not applicable
Well, they have built the new Kolomela mine in Postmasburg, and the restrictive agreements at the Thabazimbi mine has been lifted,...and... the expansion at their Sishen mine in Kathu has commenced...
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