We’ve seen a number of strong dividend payers reduced dividends and in many cases to zero. We love dividends but this reminds us they’re not forever and there are solutions for those needing income.
Buying SA Inc. stocks
Things are bleak right now in SA, but improvements are ahead and local SA Inc stock are cheap, very cheap. A basket of 10-15 profitable small and mid sized stocks could be a great trade in the year ahead.
There goes the Rand
It started with grey listing in February. Then the Lady R expose and finally a 0.5% rate hike last week saw it almost hit 20. Does it ever strengthen again? And results from; TigerBrands, Zeda and Tsogo Sun Gaming.
Purple rights issues, everything you need to know and do
Purple Group has launched their rights issue and shareholders need to respond. Either sell the rights or take them up, we go into all the details.
Data confirms South African consumers are losing purchasing power
Two surveys this week clearly shows that the South African consumer is poorer then they were a year ago. Avoid discretionary retailers. We also look at some great results from Calgro M3, a weak Rand, mining output and a whole bunch more.
The end of the US$, again?
Once again everybody is talking about the end of the US$ as the worlds reserve currency. This is not a new conversation. Simon also look at the Transaction Capital results that the market hated and US economic data.
The PGM miner margin squeeze
Implats update saw production at lower end of guidance while costs at the top of the range. This hurts margins. Also results from; CMH & Renergen and updates from Kumba and MTN looking cheap.
Purple Group results, I’m holding
Purple Group (owners of EasyEquities) results saw a loss for the six-months ending February. Share price is under pressure, but growing a business is never a straight line and Simon continues to hold.
Reviewing Gordhan’s portfolio & time to sell Capitec?
Reviewing Minister Gordhan’s portfolio as reported to parliament. decent Capitec results, but is it ex-growth? Is it time to sell after holding for almost fifteen years?
Current open trading positions, long everything
US March inflation came in strong at 5.0% and markets rallied. Simon reviews his current open trading positions. He is long everywhere, he details the trades and the system.