Beiträge von gogh

  • Depot-Momentaufnahme-gogh

    "Wieso hältst Du Western Areas und JCI? JCI ist ja durch die grosse


    Beteiligung an WA schon fast eine "verkappte WA"..."


    Schon wahr Thom,. wer Western Area schlucken will, muß

    zuerst JCI übernehmen. Deshalb habe ich Aktien der

    "vorgelagerten JCI".

    Andererseits "passiert" bwi WAR immer mal was,

    während JCI eine reine Holding ist. Deshalb soll es

    nicht nur JCI sein.


    Gruss


    gogh

  • Südafrika Rand

    was "die Etablierten" erwarten
    =========================

    jedenfalls was sie sagen, daß sie es erwarten


    gogh





    -Asia gold in tight range, awaits Greenspan
    ===================================


    Tuesday, July 20, 2004 4:48:04 AM


    http://www.reuters.com
    ==================



    (Updates to afternoon)


    SINGAPORE, July 20 (Reuters) - Gold moved in a tight range in Asia on Tuesday, with the market awaiting comments from U.S. Federal Reserve Chairman Alan Greenspan that could provide fresh direction for the dollar.


    Gold has mimicked moves in the U.S. dollar, especially against the euro. The precious metal is seen as an alternative currency when investors move in an out of the dollar.


    Greenspan is scheduled to deliver his semi-annual monetary report to the U.S. Congress on Tuesday and Wednesday, and the market is looking for clues on the future course of U.S. interest rates.


    Spot gold <XAU=> was trading at 405.50/406.25 an ounce by 0415 GMT, little changed from $405.70/406.20 in New York on Monday, when bullion prices eased on a modest rise in the dollar.


    The euro was at $1.2435 <EUR=>, versus $1.2444 in late U.S. trade. A stronger U.S. currency normally reduces demand for dollar-priced gold.


    "The market seems to be still in this sort of very close euro/dollar fix at the moment," said David Thurtell, Commonwealth Bank of Australia commodities specialist.


    On the Tokyo gold futures, which reopened after a national holiday, benchmark June 2005 <JAUM5> fell five yen per gram to 1,418 yen.


    A Reuters poll on Monday showed gold prices were likely to hold above $400 an ounce this year and next on expectations the dollar would stay weak and world security worries would keep investors hedging their bets on where money was safe.


    The global survey of 24 analysts pointed to an average gold price of $404.50 an ounce in 2004, up 11.2 percent on 2003. Gains were expected to be pared to an average $402.50 in 2005.


    Dealers said physical demand was quiet as investors waited for prices to fall back to around $400.


    ---gekürzt------

  • Harmony Gold Mining / HMY (NYSE), HAR (SA) und Gold Fields / GFI

    Letztens wurde ein Sieger beim Stabhochsprung disqualifiziert.

    Ein unterlegener Athlet hatte geltendgemacht, daß der

    Sieger ohne Stab gesprungen war.


    gogh






    BUSINESS REPORT vom 20.07.04



    Market skids as rand hammers gold mining stocks
    =============================================
    July 20, 2004


    Johannesburg - The stock market skidded yesterday as the raging rand muscled its way to a five-and-a-half-year high against the dollar, hammering gold mining stocks nearly 8 percent lower.


    Mining shares dominated the top 10 losers and helped push down the FTSE/JSE Africa all share index down 1.1 percent to 9904.92. The FTSE/JSE Top40 index fell 1.2 percent.


    Some R2.35 billion worth of shares changed hands, which a trader described as "pretty pedestrian".



    "Gold stocks are highly geared to the rand and they are being sold


    aggressively in anticipation of the June quarter earnings starting next


    week," said a trader.



    Gold producers have been hit hard by the ever-strengthening rand, which has gained over 12 percent against the greenback so far this year, cutting revenues.


    By 5pm, the rand had leapt 9.81c on the day to R5.8668 a dollar.


    AngloGold gave up 4.6 percent to R191 and rival Gold Fields tumbled 6.2 percent to R55.09.



    Harmony fell 4.8 percent to R59.20. The firm is a good example of the rand's effect on production; it posted a 50 percent drop in core earnings for the three months to March, from the previous period, as a stronger rand ate into dollar-based profits.


    Harmony said at the weekend that it had agreed with the main miners' union to keep loss making shafts operating and save up to 7 000 jobs, averting a strike.


    Platinum producers did not escape the rand's wrath. Anglo American Platinum, the world's biggest producer, fell 3.6 percent to R215. Rival Impala Platinum gave up 2.04 percent to R431.01.


    Anglo American skidded 2 percent to R123.60. On Friday its De Beers subsidiary is expected say its half-year sales are about 6 percent higher.


    Traders said there was little sign of anything to slow the currency's progress. "It is all eyes on the rand tomorrow," one said.

  • Harmony Gold Mining / HMY (NYSE), HAR (SA) und Gold Fields / GFI

    Business Day, 19.07.04





    Gold Fields, Harmony at lows on rand


    --------------------------------------------------------------------------------

    By Justin Brown
    Gold mining groups Gold Fields (GFI) and Harmony (HAR) hit long-term lows as the rand remained firm near its best levels since 1999 against the US dollar.

    At 1220, on the JSE Securities Exchange South Africa (JSE), Gold Fields was quoted at 56.60 rand, down 2.12 rand from the stock's previous close, while Harmony last traded at 59.75 rand, down 2.41 rand from Friday's close.

    Earlier, Gold Fields touched 56.35 rand, its lowest level since early January 2002, while Harmony's intraday low of 59 rand is the stock's weakest level since early December 2001.

    The rand gold price is currently trading at 77,365 rand a kilogram, the lowest rand gold price since late April 2003.

    Gold Fields will release its latest financial results on July 29, while Harmony will issue results on August 2.


    I-Net Bridge

  • Südafrika Rand

    BUSINESS REPORT



    Rand breaks key barrier
    =====================



    July 19, 2004


    Johannesburg - The robust rand broke decisively through the key level of R6 a dollar for the first time in nearly five years on Friday, and analysts predicted further gains as sentiment improved.


    By 5pm the rand, buoyed mainly by offshore demand, had firmed by 7.02c to R5.9649 a dollar, its strongest level since September 29 1999.


    Analysts said the unit, which had appreciated by more than 12 percent against the broadly weaker greenback this year, was now targeting R5.75 a dollar. In the weeks ahead it could even rally as far as R5.50, its 1998 peak.


    "It is mainly dollar related right now but many factors are conspiring to help the rand. Commodities are coming into their own again, and domestic confidence is at multi-year highs," said Gregor Krall at BoE group.



    The appeal of South Africa's high interest rates to investors has buoyed the currency, with offshore investors seen as the main drivers of its steady gains.


    But in the past few weeks the trend has also been supported by a raft of positive economic news, which showed that the rand's strength might not be as harmful to the economy as feared.


    Bonds rallied, buoyed by gains in US treasuries and the view that interest rate hikes later this year now looked unlikely, as the rand's strength should help curb inflation pressures. The R153 strengthened by 12 basis points to 9.59 percent and the R194 by 15 basis points to 9.39 percent.

  • Südafrika Rand

    bognair,

    in den nächsten 2 Wochen werden die Kaffern-GM

    die 30.Juni-Geschäftsberichte veröffentlichen.


    Schätz mal die Cash-Costs werden bei

    HAR, GFI und WAR für die Südafrika-Produktion

    so um die 350 US$ liegen. Bei THT allerdings

    liegen die Cash Cost jenseits von Gut u. Böse

    bei 550 US$.

    In meinen Augen sind die Cash Cost zur Zeit

    nicht "aussagekräftig". Wollte aber die Frage

    beantworten so gut ich kann.


    gruss


    gogh

  • Südafrika Rand

    Kalle



    Hoffe Du bekommst neuerdings pünktlich einen Mitschnitt.


    (Die heißen THT, nicht THL.)

    Und fein beobachten was bis 31.08.04 mit THT,

    HAR, GFI und WAR passiert. Mal sehen wer von uns

    beiden mehr Grund zum Staunen haben wird.


    gruss


    gogh

  • Südafrika Rand

    Die Kaffern-GM-Kurse hängen nicht nur vom Rand ab

    und indirekt vom US$.

    Da sind eine Reihe anderer Ursachen preisbildend.

    Wer Lust sich einzulesen, kann das schön in

    den alten Threads bei W+O, die von den

    Usern: Sovereign, Goldonly, Saccard u. a.

    verfaßt wurden. Da ging es immer um

    konkrete Deals, was das ganze richtig spannend macht.


    gogh

  • Südafrika Rand

    Hallo Bognair,

    das ist ja ein leidenschaftliches Plädoyer!



    Die gegensätzlichen Standpunkte:

    Kaffern-GM-Meider versus Kaffern-GM-Hoffer

    werden klar herausgearbeitet.



    Der Show-Down á la Western -Kino "12.00 Uhr mittags"

    wird zum 31.08.2004 schon abgeschlossen sein.

    Also Plätze auf den Kinosesseln einnehmen.


    Für mich ist das Stück nicht spannend; will damit sagen

    bin kein bischen nervös.




    Gruss


    gogh

  • Aufruf an den User btrend

    jetzt sind erst mal genug Eier im Körbchen.


    Zeit, mal was von den Technikern zu lesen.

    So zur Entspannung.


    Btrend schreibt bei W+O jetzt gebe es erstmal

    eine Sommerpause.

    Würd ich das auch annehmen, hätte ich

    (noch) nicht gekauft.


    Tippe eher, daß der Vorhang zur großen

    Oper plötzlich aufgeht. Zumindest aus

    dem Orchestergraben werden wir

    bald das dissonante Einstimmen der Instrumente hören.


    gruss

    gogh