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S32 - South32 Limited

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Particularly in the Jarrah forests of the South West of WA.
 
nmS32 net cash position increased by $US299 million to $US252 million ($395 million) in the latest quarter, partly due to a one-off $100 million receipt from operational agreements at its Worsley Alumina project in Western Australia.

As well, it was buoyed by its operating results and a partial unwind in working capital.

“Looking ahead, our focus on operating discipline, active cost management and a strong balance sheet leaves us well positioned to manage a period of potential uncertainty in global markets,” South32 chief executive Graham Kerr said.
 
rcw1 said:
Hi @Dona Ferentes confirming the cash position is US$395 million?
Have a very nice day, today

Kind regards
rcw1
Click to expand...
from a negative to a positive number... but no , it's A$ ...

Convention says Aust company but report in USD. $US252 million or A$395 million

with the footnote
1. Net cash number is unaudited and should not be considered as an indication of or alternative to an IFRS measure of profitability, financial performance or liquidity.
Click to expand...
 

South32 Announces CEO Transition​


South32 Announces CEO Transition - The Bull

South32 Limited (ASX: S32) , a global mining and metals company, recently announced a significant leadership transition set to occur in 2026. The company revealed on May 12, 2025, that Matthew Daley is appointed as Deputy CEO in February 2026 and will later succeed Graham Kerr as CEO. This marks...
thebull.com.au

i hold S32 ( partly due to the BHP demerger )

hmmm

that will bump S32 further down my priority list ( to top up )

hint it ain't in the top 20 on that list as it is currently

looks like more acquisitions and long-winded asset developments ( but i hope i am wrong on that )
 
From it's Current price i can see 40% upside & have put it on my Watch/Wait List, may be a Nice Trade in the near Future!
 
ShareSuccess said:
From it's Current price i can see 40% upside & have put it on my Watch/Wait List, may be a Nice Trade in the near Future!
Click to expand...
good luck with that

i see mid-term disappointment as the new CEO ( when he gets to the top job ) to go for more greenfield and brownfield projects while trying to pivot further away from coal ( which are mainly active mines )

but completing that transition is still months away , maybe @Sean K can get that graceful exit , if he chooses to take it

theoretically my S32 cost me less than $1

after buying some ( extra ) @ $2.63 in August 2019 , and reducing @ $4.40 in March 2023 and further reducing @ $3.64 in March 2025 ( rescuing the cash investment 3 times over )

while i have done very nicely here , personally , i have found the company rather disappointing
 
South32 (S32) was hit after UBS cut their price target on the diversified miner to $3 citing concerns around their Mozambique aluminium smelter.

Held
Holding
 
S32 @ $2.70

South32 (S32) -7.22% fell after profit missed expectations coming in at $666mn vs the $700mn expected while also announcing its Mozal aluminium plant likely to be placed into care and maintenance.

Held
Holding
 
Has this 'thing' got anymore potential impairments left in its locker?

Mozal, Hermosa and Worsley took a bit of shine off the bottom line... S32's forecast is rather uninspiring too----might be time to get in!
 
Barnouste said:
Has this 'thing' got anymore potential impairments left in its locker?

Mozal, Hermosa and Worsley took a bit of shine off the bottom line... S32's forecast is rather uninspiring too----might be time to get in!
Click to expand...
i tried to add just before the ex-div. date but missed my target

i won't be rushing to add currently , but things can always change

aluminum has been a drag on most of the big players unless S32 can buy some bauxite assets cheap that area is liable to be a further write-down later , that sector is liable to be a further value write-down

if Russia decided to ban aluminum exports to non-BRICS nations that would be a game-changer
 
I’m going to jump into S32 come Tuesday.

It’s a calculated risk, hopefully with plenty of upside.

The chart has reversed from being a dog to showing some signs it might have bottomed and on the way back from a TA/charting perspective.

Aluminium, silver, copper, zinc, lead, nickel, manganese and metallurgical coal are the resources mined.

With the resource/commodity boom now rocking and rolling, I think it’s worth the risk.

Of course use your own analysis and have stops in place.

SOUTH32 Ltd (ASX:S32) Share Price - Market Index

Today’s S32 share price, stock chart and announcements. View dividend history, insider trades and ASX analyst consensus.
www.marketindex.com.au

 
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