
(Month tipped: March 2011)
The best way for you to enjoy rewards in the resource sector is to simply buy shares in one of the dozens of mining and exploration companies listed on the JSE.
Here’s a great reason you should consider this mining company...
The latest half year results, for the six months to 30 September 2010, show what this mining services provider is capable of, as momentum returns to the coal market.
It posted R1.219 billion in turnover, a profit to ordinary shareholders of R57.5 million and an equally impressive 10.6c headline earnings per share. I expect the current half year will be even better. Especially considering the group is likely to recover R85 million from one of its ex directors.
I rate the company a buy from its current level of 285c per share. And, because I believe this miner should trade nearer its net asset value, I’m going to set a profit target of 580c. That’s a gain of 103.51% over the next year.
RHPS Recommendation - BUY UP TO 290c
Take one simple action today and you could be counting out a large gain with this remarkable share…
...simply click through to start your risk free membership!
All figures are prices at market close 24 January 2012
Name
Sector
Date tipped
Growth %
Current Signal
General Mining
Apr-09
183.58%
Buy

Telecommunications Equipment
Nov-11
94.44%
Sell

Computer Services
Mar-11
71.57%
Sell
>>
General Mining
Aug-11
66.67%
Sell

Gold Mining
Aug-10
63.28%
Hold

Support Services
May-11
47.83%
Hold

Support Services
Jul-11
44.14%
Hold

Electrical Equipment
Dec-11
33.50%
Buy

Consumer Goods
Jun-11
24.59%
Buy

Heavy Construction
Dec-11
20.75%
Buy
>>
Electronic Equipment
Nov-11
19.44%
Hold

Pharmaceuticals
May-11
18.75%
Buy

Industrial Transport
Jun-10
16.06%
Sell

Technology and Business services
Sep-11
14.53%
Hold
>>
Technology and Business services
Aug-11
9.52%
Buy

General Mining
Sep-11
8.16%
Buy

Construction
Jan-12
0.00%
Buy

General industrials
Jan-12
0.00%
Buy

Support Services
Jun-10
0.00%
Suspended

Construction
Jan-12
0.00%
Buy

General Mining
Apr-11
-1.04%
Buy

General Mining
Jul-11
-4.88%
Hold

Pharmaceuticals
Jan-11
-6.43%
Hold

Food Producer
Aug-11
-7.66%
Buy

Industrial Suppliers
Oct-11
-9.35%
Buy

Broadline Retailers
Apr-11
-13.79%
Buy
>>
General Mining
Mar-11
-26.32%
Buy

Platinum and Precious Metals
Jun-11
-40.40%
Hold
Correct as at 24 January 2012 . The past is not a reliable indicator of future performance.
















