JBmurc
30-11-2023, 08:54 AM
Mega international miner undervalued IMHO thanks to the PGM crash in prices ..but IMHO great buying if you have a longer-term outlook as the miner is more than just PGMs
Marketcap-$3.2Bill USD (A$4.9bill)
P/E -4.26
Yield-8%+
Cash $1.2Bill(DEBT around the same)
SP- $4.55
SBSW holds 51% of DRD Gold that's worth U$822mill (A$1.2Bill) ..
I've only started my research into SBSW but so far I like the risk reward
The 10 analysts offering 12-month price forecasts for Sibanye Stillwater Ltd have a median target of 6.77, with a high estimate of 11.00 and a low estimate of 3.85. The median estimate represents a +45.19% increase from the last price of 4.67.....
https://seekingalpha.com/article/4641422-sibanye-stillwater-still-looks-good-for-a-patient-investor
Sibanye Stillwater is a South African mining and metals processing group with a diverse portfolio of projects spanning five continents. They are among the world's largest recyclers of platinum group metals (PGM) from auto-catalysts and have controlling interests in mine tailings retreatment operations. Sibanye produces platinum, palladium, rhodium, gold, ruthenium, nickel, chrome, copper, and cobalt, securing various revenue streams.
As The Value Corner, fellow Seeking Alpha analyst wrote in his June article, Sibanye has a wide economic moat that is built on its extensive mining and processing operations, including battery metals, and its global geographic reach. Initially a South African gold mining company, it has expanded through acquisitions and diversification, reducing its reliance on gold prices for profitability. The acquisition of the U.S. PGM business Stillwater has proven crucial for geographical diversification and stability. To date, Sibanye holds controlling stakes in international mining and processing operations, diversifying into "green metals," such as lithium and nickel, which are used in decarbonization projects. The company's diversified portfolio across a wide geographic area helps mitigate risks associated with relying on a single commodity or market, particularly in South Africa's complex political environment.
Anyway, the company's largest revenue segment is South African underground PGM operations - this is the company's largest resources base of all segments:
DISC -BUYING SBSW for long term hold
Marketcap-$3.2Bill USD (A$4.9bill)
P/E -4.26
Yield-8%+
Cash $1.2Bill(DEBT around the same)
SP- $4.55
SBSW holds 51% of DRD Gold that's worth U$822mill (A$1.2Bill) ..
I've only started my research into SBSW but so far I like the risk reward
The 10 analysts offering 12-month price forecasts for Sibanye Stillwater Ltd have a median target of 6.77, with a high estimate of 11.00 and a low estimate of 3.85. The median estimate represents a +45.19% increase from the last price of 4.67.....
https://seekingalpha.com/article/4641422-sibanye-stillwater-still-looks-good-for-a-patient-investor
Sibanye Stillwater is a South African mining and metals processing group with a diverse portfolio of projects spanning five continents. They are among the world's largest recyclers of platinum group metals (PGM) from auto-catalysts and have controlling interests in mine tailings retreatment operations. Sibanye produces platinum, palladium, rhodium, gold, ruthenium, nickel, chrome, copper, and cobalt, securing various revenue streams.
As The Value Corner, fellow Seeking Alpha analyst wrote in his June article, Sibanye has a wide economic moat that is built on its extensive mining and processing operations, including battery metals, and its global geographic reach. Initially a South African gold mining company, it has expanded through acquisitions and diversification, reducing its reliance on gold prices for profitability. The acquisition of the U.S. PGM business Stillwater has proven crucial for geographical diversification and stability. To date, Sibanye holds controlling stakes in international mining and processing operations, diversifying into "green metals," such as lithium and nickel, which are used in decarbonization projects. The company's diversified portfolio across a wide geographic area helps mitigate risks associated with relying on a single commodity or market, particularly in South Africa's complex political environment.
Anyway, the company's largest revenue segment is South African underground PGM operations - this is the company's largest resources base of all segments:
DISC -BUYING SBSW for long term hold