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Technically interesting technically...

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For all of the traders ut there - HLM is tacing a gentle upward curve, marking a failed break below a falling wedge. Usually a very aggressive stance. Positive reverse momentum indicator divergence blah, blah, blah! v50v200DMA poor but illiquid so(?) Fundamentals: Barring any shocks: Trading at 5x forward, her PMB recycling plant fully commissioned and chugging away nicely in a low rand, recovering aluminium scenario.5-6% Dividend probably. Nampak and SAB (her big clients) expanding African operations into 1,1 billion people...
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Fundamentally trading on a historic PE of 8.33 ie on a rolling basis calculated as last EPS for full year less last interim add current interim ie 60c / 500 = 8.33. On a fwd basis however the the pe is close to 5. 48 c at interim and historically a better second half - they should get to 100. Is this a bargain - bothe technical as in the previous post and fundamentals looking good Also check out that NAV !!! ?? ideas - buy ? sell? hold ? Overhead a fund manager say the best value stock on the market !! Share statistics Jun 2016 Interim (6m) 25 Jul 2016 Dec 2015 Final (12m) 22 Feb 2016 Jun 2015 Interim (6m) 27 Jul 2015 Dec 2014 Final (12m) 23 Feb 2015 Earnings Per Share (ZARc) 48.00 51.00 24.00 120.00 Headline Earnings Per Share (Cont Ops) (ZARc) 48.00 37.00 25.00 112.00 Net Asset Value Per Share (ZARc) 1 284.31 1 206.06 1 202.60 1 199.88
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At that Div yield its a solid play ... but not being reflected - we need the commodities to start reflecting some demand in price ..
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