Anglo has a plan to beat BHP Group, is it any good?

Simon BrownJSE Direct, Latest



Anglo-American vs. BHP Group
  • Anglo-American rejects BHP Group’s offer, unveils its own restructuring plan.
  • Anglo-American to divest De Beers, Anglo-American Platinum, coking coal in Western Australia, and reduce spending on UK fertilizer businesses.
  • Focus on high-quality iron ore and copper assets.
  • Discusses shareholder likelihood of accepting Anglo-American’s plan over BHP Group’s offer.
  • Discussion on lab-grown diamonds and potential impacts on the market.
Market Insights
  • Tencent’s positive results impact Naspers and Prosus.
  • NASDAQ and S&P close at all-time highs.
  • Analysis of South African market trends, influenced by gold stocks, Naspers, Prosus, Richemont, and Rand strength.

 

Top40 close 15 May 2024

Top40 close 15 May 2024

  • Discussion on upcoming elections’ market impact.
  • NHI bill signed, causing sell-off in healthcare stocks.
  • US imposing more tariffs on China, strategic implications discussed.
Company Highlights
  • Positive financial results from Calgro M3* and Raubex.
  • Calgro M3 reports good numbers, discusses share buybacks and future prospects.

 

Clagro M3 close 15 May 2024

Clagro M3 close 15 May 2024

  • Raubex impresses with strong financial performance, diversification strategies.
Preview of forthcoming corporate earnings announcements and economic data releases.

Notable events include Richemont*, Palo Alto, Netcare, Astral, Famous Brands, Coronation, UK and US inflation data, FOMC minutes, and Nvidia results.

* I hold ungeared positions.

Simon Brown



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JSE – The JSE is a registered trademark of the JSE Limited.

JSE Direct is an independent broadcast and is not endorsed or affiliated with, nor has it been authorised, or otherwise approved by JSE Limited. The views expressed in this programme are solely those of the presenter, and do not necessarily reflect the views of JSE Limited.


JSE Direct Podcast

Simon Brown - Just One Lap founder

Thursdays are all about hard-core investing and trading with Simon Brown’s famous JSE Direct podcast. JSE Direct started life on ClassicFM in July 2008 and became a podcast in 2011. Every week Simon shares his views on the state of global economies, individual shares and events moving markets.

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JSE – The JSE is a registered trademark of the JSE Limited.

JSE Direct is an independent broadcast and is not endorsed or affiliated with, nor has it been authorised, or otherwise approved by JSE Limited. The views expressed in this programme are solely those of the presenter, and do not necessarily reflect the views of JSE Limited.



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