Simon Shares Shoprite* (JSE code: SHP) results. Christo Wiese gets R342m in dividends. 21million consumers using their Xtra Savings and 1.5million downloads of the Sixty60 app. The market did not much like the Murray & Roberts* (JSE code: MUR) results. Old Mutual updates 2021 GDP forecast to 5.5%. This is after Stats SA released GDP…
Podcast: PGMs crushed
Simon Shares Clicks (JSE code: CLS) revised trading update, previous EPS growth was 8%-13%. Now revised to 0%-3%. Afrocentric (JSE code: ACT). Great little stock. Not a bad update from Famous Brands* (JSE code: FBR) US inflation for August was 5.3%. US poverty levels went down in 2020, during the pandemic. AB Inbev (JSE code:…
Simple philosophy, maximum impact
…some money leftover in the emergency fund. I didn’t want to clean it out, take up any debt, or liquidate my investment portfolio. This is where the “spend less than what you earn” philosophy comes into play. The other advantages gained from acting in accordance with this belief revealed themselves to me during this time….
Podcast: Energy crisis brewing in Europe and China
…on Tesla, Apple, clean energy and more 14 October ~ Investment Fundamentals with Keith McLachlan Listen/download here. Subscribe to our feed here Sign up for email alerts as a new show goes live Subscribe or review us in iTunes JSE – The JSE is a registered trademark of the JSE Limited. JSE Direct is an independent broadcast…
Podcast: EOH back in profit
…PGMs remains under pressure. EOH (JSE code: EOH) makes an operational profit, but the debt pile remains. * I hold ungeared positions. Upcoming events; 14 October ~ Investment Fundamentals with Keith McLachlan 21 October ~ JSE Power Hour: Small cap investing with Anthony Clark Download the audio file here. Subscribe to our feed here Sign…
Podcast: Aveng share consolidation
…AEG) have announced plans for a 1:500 share consolidation in December. This usually sees prices weakness after the consolidation. * I hold ungeared positions. Upcoming events; 14 October ~ Investment Fundamentals with Keith McLachlan 21 October ~ JSE Power Hour: Small cap investing with Anthony Clark 27 October ~ FX and Commodity prices and their…
The crocodile that crossed the river
When I was younger there was a commonly shared story about how foreign nationals crossed the river to get to South Africa. It was a fascinating story because it sounded both plausible and implausible at the same time. The story went as follows: Migrants would simply get on the back of a crocodile, holding a…
Podcast: Property development stocks
…rally * I hold ungeared positions. Upcoming events; 21 October ~ JSE Power Hour: Small cap investing with Anthony Clark 27 October ~ FX and Commodity prices and their effects on investments 04 November ~ JSE Power Hour: Bold predictions from SA’s top broker 11 November ~ Investment Valuation with Keith McLachlan Download the audio…
Podcast: Miners go shopping
Simon Shares Tesla (NYSE code: TSLA) becomes the worlds 7th trillion-dollar company. Excellent Santova (JSE code: SNV) results. My bad pandemic crash sale. Decent Famous Brands* (JSE code: SSW) results. Implats (JsE code: IMP) wants to buy Royal Bafokeng Platinum (JSE code: RBP). Sibanye-Stillwater* (JSE code: SSW) buys two Brazilian mines for US$1billion and 19.99%…
Podcast: Renergen helium reserves soar
…from SA’s top broker 11 November ~ Investment Valuation with Keith McLachlan 16 November ~ Creating Wealth through trading & investing (JHB) 17 November ~ Creating Wealth through trading & investing (CPT) Download the audio file here Subscribe to our feed here Sign up for email alerts as a new show goes live Subscribe or review…