Company Profile South32 Limited operates as a diversified metals and mining company. The company operates through Worsley Alumina, Brazil Alumina, Brazil Aluminium, Hillside Aluminium, Mozal Aluminium, Sierra Gorda, Cannington, Hermosa, Cerro Matoso, Australia Manganese, and South Africa Manganese segments. It has a portfolio of assets producing bauxite, alumina, aluminum, copper, silver, lead, zinc, nickel, metallurgical coal, manganese, and ferronickel products. The company has operations in Australia, India, China, Japan, the Middle East, Italy, the Netherlands, Brazil, South Africa, South Korea, the United States, rest of Africa, rest of Asia, rest of Europe, rest of North America, and rest of Oceania. South32 Limited was incorporated in 2000 and is headquartered in Perth, Australia. South32 OK's development of $2.16B zinc mine in Arizona NewsThu, Feb. 15, 2024 Trump to fast-track permits for 10 mining projects, including Rio Tinto's Arizona copper mine... Could South also get fast tracked? Or is being Australian a problem?
Every American family to pay $4,000+ more a year DHL to suspend global shipments of over $800 to US consumers-
S&P 500 Shiller CAPE Ratio In December, the S&P 500's Shiller P/E ratio peaked at a closing multiple of 38.89 during the current bull market cycle. For context, this reading was more than double the average multiple of 17.23, when back-tested to January 1871. It's also the third-highest reading during a bull market cycle, surpassed only by the dot-com bubble (which peaked at 44.19 in December 1999) and the first week of January 2022 (with a reading of just above 40). Following a 14% decline in the S&P 500, the Shiller P/E ended April 17 at a reading of 32.66. While this is notably lower than the multiple of almost 39 recorded in December, Wall Street's widely followed index has never bottomed at a reading north of 30. Covering a span of 154 years, the S&P 500's Shiller P/E has only surpassed 30 for at least two consecutive months six times, including the present. In all five previous instances, the S&P 500, Dow Jones Industrial Average, and/or Nasdaq Composite lost, at minimum, 20% of their respective value. Based on the last three decades of Shiller P/E valuation data, the average bottom following a period of extended premiums for stocks is a reading in the neighborhood of 22. Conservatively, this would place the S&P 500 roughly 39% below its all-time closing high. While this does not guarantee that the S&P 500 will decline by 39% on a peak-to-trough basis, it does offer a strong historical correlation indicating that the S&P 500 is highly likely to follow the Nasdaq Composite into a bear market.
You're alright Stoney! Despite your many shortcomings. Hey I have a stock for you.... but lets wait for a pullback... and I hate to say it, but we have to be 100% upfront here at GBA... it's a Cramer stock... but I do like what the CEO is doing to turn it around. And I really think that with her embracing everything social media wise to drive traffic, on top of a pretty damn good quality menu for the money... Cracker Barrel might just be a buy on weakness. Ya know if nothing else, at least the prior CEO's of this place were smart enough to buy the land under their footprints. And you know how I feel about that. Plus who wants to fly anywhere these days? As you so (ignorantly (?) pointed out)... planes are falling out of the sky on Trump's watch. Either way, great menu items at a great price in a very warm and loving motif, with a new dynamic CEO that knows how to reach and embrace the new legions of children on road-trips... I like this turn-around story. I really do. And every piece of land regardless, that is on an interstate off-ramp regardless of where it sits and what interstate it is on... is gold. It really is. Unless they discover there was an old Sinclair gas station there 40 years prior with buried gas tanks that no knew were there. But Trumpy will give em a pass on that one too. CBRL---> $43.57 EDIT: Now I have not done a deep dive into their books, so lets just call this a play on intuition for now.