Valterra Platinum's Shares Could Rise Post-Demerger -- Market Talk

Dow Jones

May 29, 2025

0531 GMT - Valterra Platinum's London-listed shares could trade around 3,200 pence a share compared with today's implied share price of 3,044 pence a share, RBC Capital Markets analysts Ben Davis and Marina Calero write. Formerly Anglo American Platinum, Valterra will begin trading in London from Monday June 2. Major indexes could sell up to 21 million shares but this will be partially offset by emerging market indexes buying as the free float increases to 80.1% from 33.3%. The South African Pension Fund could continue to increase its ownership above its current 11.7%, they write. Near-term volatility in the stock could provide attractive entry points for investors given the quality of Valterra's assets, they add. (adam.whittaker@wsj.com)

(END) Dow Jones Newswires

May 29, 2025 01:32 ET (05:32 GMT)

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Formerly Anglo American Platinum, Valterra will begin trading in London from Monday June 2. Major indexes could sell up to 21 million shares but this will be partially offset by emerging market indexes buying as the free float increases to 80.1% from 33.3%. The South African Pension Fund could continue to increase its ownership above its current 11.7%, they write. Near-term volatility in the stock could provide attractive entry points for investors given the quality of Valterra's assets, they add. (adam.whittaker@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 29, 2025 01:32 ET (05:32 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Valterra Platinum's Shares Could Rise Post-Demerger -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nValterra Platinum's Shares Could Rise Post-Demerger -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-29 13:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0531 GMT - Valterra Platinum's London-listed shares could trade around 3,200 pence a share compared with today's implied share price of 3,044 pence a share, RBC Capital Markets analysts Ben Davis and Marina Calero write. Formerly Anglo American Platinum, Valterra will begin trading in London from Monday June 2. Major indexes could sell up to 21 million shares but this will be partially offset by emerging market indexes buying as the free float increases to 80.1% from 33.3%. The South African Pension Fund could continue to increase its ownership above its current 11.7%, they write. Near-term volatility in the stock could provide attractive entry points for investors given the quality of Valterra's assets, they add. (adam.whittaker@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 29, 2025 01:32 ET (05:32 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4212","symbol_name":"包装食品与肉类","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2539238629","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2539238629","pubTimestamp":1748496720,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0531 GMT - Valterra Platinum's London-listed shares could trade around 3,200 pence a share compared with today's implied share price of 3,044 pence a share, RBC Capital Markets analysts Ben Davis and Marina Calero write. Formerly Anglo American Platinum, Valterra will begin trading in London from Monday June 2. Major indexes could sell up to 21 million shares but this will be partially offset by emerging market indexes buying as the free float increases to 80.1% from 33.3%. The South African Pension Fund could continue to increase its ownership above its current 11.7%, they write. Near-term volatility in the stock could provide attractive entry points for investors given the quality of Valterra's assets, they add. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4212":"包装食品与肉类","NGLOD":"Anglo American plc","NGLOY":"Anglo American plc","POST":"Post Holdings","BK4168":"多种金属与采矿"},"translate_title":"Valterra Platinum分拆后股价可能上涨——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NGLOD":0.9,"NGLOY":0.9,"POST":1},"content_text":"0531 GMT - Valterra Platinum's London-listed shares could trade around 3,200 pence a share compared with today's implied share price of 3,044 pence a share, RBC Capital Markets analysts Ben Davis and Marina Calero write. Formerly Anglo American Platinum, Valterra will begin trading in London from Monday June 2. Major indexes could sell up to 21 million shares but this will be partially offset by emerging market indexes buying as the free float increases to 80.1% from 33.3%. The South African Pension Fund could continue to increase its ownership above its current 11.7%, they write. Near-term volatility in the stock could provide attractive entry points for investors given the quality of Valterra's assets, they add. (adam.whittaker@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 29, 2025 01:32 ET (05:32 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation,merge","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}