Research Firm with a Qualitative Overlay, Pearl Gray Equity and Research

Pearl Gray Equity and Research

Research Firm with a Qualitative Overlay

Quantitative fund & research firm with a qualitative overlay. 

Our coverage: General U.S. with a skew towards the primary sector. 

Methods: Smart Beta/Factor Pricing, Neural Networks, Street Gossip, and Common Sense.

Equity Bottom-Up

<ul>
<li>Thungela Resources Limited's six-month trading report suggests that an earnings slump is en route.</li>
<li>The firm's broad-based output is suffering from troubled railways and softer-than-anticipated demand from abroad.</li>
<li>A lower dividend is highly probable, according to the report.</li>
</ul>


Thungela Resources Limited's six-month trading report suggests that an earnings slump is en route.
The firm's broad-based output is suffering from troubled railways and softer-than-anticipated demand from abroad.
A lower dividend is highly probable, according to the report.


Thungela: Cyclical Downturn Should Resume

<ul>
<li>BHP Group Limited's half-year earnings report isn't as bad as it seems, as there is a disparity between the firm's realized performance and its prospects.</li>
<li>Lower rainfall could result in ramp-ups across the board.</li>
<li>Slower core and non-core inflation will likely establish a lower cost base for BHP.</li>
</ul>


BHP Group Limited's half-year earnings report isn't as bad as it seems, as there is a disparity between the firm's realized performance and its prospects.
Lower rainfall could result in ramp-ups across the board.
Slower core and non-core inflation will likely establish a lower cost base for BHP.


<ul><li>Thungela's Goedehoop mine continues to deliver robust results, but most of its assets are underperforming.</li><li>The stock's more than 35% ex-post dividend yield had many investors excited.</li><li>Nevertheless, cyclicality could play its hand soon, according to the canary.</li></ul>

Thungela's Goedehoop mine continues to deliver robust results, but most of its assets are underperforming.The stock's more than 35% ex-post dividend yield had many investors excited.Nevertheless, cyclicality could play its hand soon, according to the canary.

South Africa

Thungela Resources Limited is a mining company. The Company produces and exports thermal coal. Thungela Resources operates mines in South Africa.

Thungela Resources (TNGRF US)

Thungela: Cyclical Downturn Should Resume

The firm's broad-based output is suffering from troubled railways and softer-than-anticipated demand from abroad. A lower dividend is highly...

Pearl Gray Equity and Research

BHP Group: Focus On The Outlook

BHP Group Limited's half-year earnings report isn't as bad as it seems, as there is a disparity between the firm's realized performance and its...

Pearl Gray Equity and Research

Thungela: The Canary Has Stopped Singing

Thungela's Goedehoop mine continues to deliver robust results, but most of its assets are underperforming. The stock's more than 35% ex-post...

Pearl Gray Equity and Research