Added to YB: 2026-07-28
Pitch date: 2026-07-25
TGA.L [bullish]
Thungela Resources Limited
+46.08%
current return
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
Company Info
Thungela Resources Limited engages in the mining and production of thermal coal in South Africa and Australia.
Market Cap
ZAR 15.0B
Pitch Price
ZAR 102.00
Price Target
N/A
Dividend
4.66%
EV/EBITDA
3.90
P/E
-2.53
EV/Sales
0.26
Sector
Oil, Gas and Consumable Fuels
Category
turnaround
Oak Bloke Bon Couers Quand Couers 25th July - Thungela Resources Limited
TGA.L: Thermal coal at $131/t, near monthly high on Indonesia supply disruptions (force majeure), Russian output cut by diesel shortages, Middle East tensions. Asia gas-to-coal switch on high LNG prices supports thesis. Hit £18/share & 50% div yield in 2022 — repeat possible?
Read full article (1 min)