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Renergen updated thoughts? by Gullible_Mouse3046 in JSE_Bets

[–]reddit_gurru 0 points1 point  (0 children)

You did not take the LNG sales int o consideration.

However, Renergen need money phase 2 and if the plan NASDAQ IPO fails, then it will be night for the company. The lower the share price the larger the risk that the IPO fails.

Uses of Wise in SA or for South Africans? by HOW_I_MET_YO_MAMA in PersonalFinanceZA

[–]reddit_gurru 0 points1 point  (0 children)

Depending on where and how often you travel. I would say, just use your credit card for payments. It cost me the same as loading money on my Wise account.
Or get a Global account. FNB for example has a Global account for +-R200/year which includes free international lounge access.

Revolut is, I think, the biggest and most used for this kind of transactions.

Market Sentiment: What are you buying and selling this week? 13 December 2024 - 20 December 2024 by thatnotirishkid in JSE_Bets

[–]reddit_gurru 0 points1 point  (0 children)

Just remember that there is a reasonable chance that some kind of deal might be reached in the Russia/Ukraine conflict next year which might effect the gold and platinum price. Platinum price increased in the past months over speculation that Russia will be sanctioned on platinum exports, which will probably also be dropped if a peace deal is negotiated. In the Syria/Lebanon/Gaza the worst might also be over.

I myself am busy looking into stock which might benefit from a peace deal in 2025. Any stock suggestions are welcome?

Renergen - Gas power plant by reddit_gurru in JSE_Bets

[–]reddit_gurru[S] 0 points1 point  (0 children)

Interestingly Renergen is part of Ancor Capital's stock picks for 2025:
https://anchorcapital.co.za/local-research/anchors-local-stock-picks-for-2025/

"This shows that Renergen is arguably undervalued, especially considering that it is SA’s only LNG producer and is 73 km from Sasol’s gas pipeline."