JSE Direct with Simon Brown

Podcast: Safcoin – stay away

Simon BrownJSE Direct, Latest

…investors who want to exit. They are a holding company and the price is a discount to net asset value (NAV) of about 36% when a typical discount would be 15%-20%. This book build should improve liquidity and ideally help close the discount gap, but first have a look at their underlying companies they hold…

JSE Direct with Simon Brown

Podcast: Keep the winners

Simon BrownJSE Direct, Latest

Download the audio file here Subscriber to our feed here Sign up for email alerts as a new show goes live Subscribe or review us in iTunes Simon Shares Jacques Magliolo and Business Consultants International (BCI). Two people have recently emailed me about this gent and his company specifically about the FSB warning against him and the company in…

JSE Direct with Simon Brown

Podcast: Should I buy it?

Simon BrownJSE Direct, Latest

…does not mean anybody else should be buying. Here’s why even shares I am buying are not always for anybody else. What’s my risk profile compared to yours? What’s my overall portfolio construct compared to yours? Our respective ages and so the list goes on. What’s my expectation and valuation compared to yours? But I…

JSE Direct with Simon Brown

Podcast: When do I buy more?

Simon BrownJSE Direct, Latest

…(price was 90c) and dividend of 2.5c. I ask myself how easy to double that HEPS in 3-5 years? That requires growth in HEPS of some 15%-25% growth a year. For Santova, very easy. Then I ask what a fair PE should be for this sort of stock? In the case of a logistics company…

JSE Direct with Simon Brown

Podcast: SAFcoin responds

Simon BrownJSE Direct, Latest

…Power Hour: Practical trading setups and rules 06 September ~ JSE Power Hour: Structuring your investment portfolio     Download the audio file here Subscriber 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. JSEDirect…

JSE Direct with Simon Brown

Podcast: Shares or cash for dividend?

Simon BrownJSE Direct, Latest

Simon Shares Metrofile* (JSE code: MFL) results were a mixed bag with the reduced dividend expected but they are essentially going to almost halve the cover ratio over two years and that is more aggressive than expected. Growth was modest, but the results commentary was even ore modest. Two analysts I know spoke to management…