Another horror update from Pick n Pay and a return of Sean Summers as CEO. The stock looks cheap, but those looks are deceiving, there is a lot of work to get them back to profitability and challenge Shoprite.
ETF winners and losers year-to-date
Last Friday was the quarter end and we have the local ETF winners (tech) and losers (commodities) for the year-to-date.
Gareth Stobie joins etfSA
After starting CoreShares which has recently been acquired by 10X Investments Gareth Stobie is joining Nerina Visser and Mike Brown at etfSA
Invest into offshore small caps on the JSE via AMCs
Unum Capital and Integral Asset Management have listed two Actively Managed Certificates (AMCs) covering local and offshore small caps.
US 10-year highest yield since 2007 is bad news for almost everybody
US 10-year rates at +15 year highs are bad news for everybody not buying the bonds. Stronger US$ and weaker equities as money flows into the high yields.
New FANG.AI Active ETF from Sygnia (UPDATED with TER details)
Sygnia is listing a new FANG.AI Actively Managed ETF on the JSE. Blending FANG and AI it hits all the hype, but what of returns?
Disney offering serious value
Disney has issues right now, but the valuation is at decade lows and the mouse is not going away even if it needs fixing.
Inverse ETFs that rise as the market falls
Inverse ETFs are designed to rise as the underlying index falls. A great idea but they don’t always work as promised and are more geared towards traders.
AI is the future, where to invest?
The recent hype around Artificial Intelligence (AI) has seen some stocks soaring. Viv Govender goes into detail on the future of AI and potential investments.
Richemont gets interesting, Shoprite gets “extraordinary”
Richemont has retraced to support and is worth a long look? Shoprite results were simple “extraordinary” and solid Clagro M3 trading update all the while European economic data is bleak.