Smacked in the face by Coronation

Simon BrownJSE Direct, Latest



JSE Direct with Simon BrownSimon Shares

  • US Inflation for Jan was 6.4%, previous 6.5% and expected 6.2%. SA inflation Wednesday, expected is 6.9%.
  • Coronation* (JSE code: CML) uodate on their SARS claim, which they lost. I had just finished buying the stock.
  • Purple Group* (JSE code: PPE), a buyer has arrived and it’s up 11% in Tuesday afternoon. We’ll see if that holds.
  • Attacq (JSE code: ATT) sells 30% of their Waterfall Investment Company to GERF for R2.5billion. That’s almost half of their market cap.

* I hold ungeared positions.



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JSE Direct Podcast

Simon Brown - Just One Lap founderThursdays are all about hard-core investing 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 chats to industry experts, answers listener question (contact him here to send your Q’s) and gives his views on the state of markets and individual shares.

Reach Simon by email at simon@justonelap.com,

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