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Questor: does the platinum price tell us that inflation will return? Tharisa makes a good hedge


This column is no great chart-watcher, preferring fundamental analysis over the study of technical patterns in asset prices, but every once in a while a chart is so startling that it demands attention.
One such right now is the chart of the price of platinum, which is making its sixth attempt in six years to climb sustainably above the $1,000-an-ounce mark.
Should the metal succeed, it would break a 10-year downward trend from a peak of around $1,800 an ounce, give a lift to producers of platinum group metals (PGMs) such as South Africa’s Tharisa, and raise the wider issues of whether maybe, just maybe, the global economy is recovering and inflation is poised for a comeback. ....

South Africa , United Kingdom , Africa Tharisa , Walker Greenbank , Sanderson Design Group , Sanderson Design , ஒன்றுபட்டது கிஂக்டம் , வாக்கர் கிரீன் பேங்க் , சாண்டர்சன் வடிவமைப்பு குழு , சாண்டர்சன் வடிவமைப்பு ,

Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines Sanderson Design forecasts substantial profit beat


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Sanderson Design forecasts substantial profit beat | 21 December 2020


21 December 2020 | 09:28am
StockMarketWire.com - Interior design and furniture group Sanderson Design said it expected its annual pre-tax profit to be substantially higher than its previous forecasts.
Revenue for the 10 months through November had dropped 14.6% year-on-year, though improving from a 30.6% decline for the six months through July.
Brand production sales in the nine-week key selling period of October and November were up around 7% in reportable currency.
Sanderson said its manufacturing operations had performed well, with both its wallpaper and fabric factories now running at a similar level to last year.
The company believes that this demand reflects a widely reported trend in the home improvement and furnishings sector, with consumers having directed discretionary spending on their homes during the Covid-19 pandemic, it said. ....

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