Opportunities in JSE shares
The cliche is that it is darkest before the dawn and right now there is a lot of darkness in South Africa (literally and figuratively). But does this offer opportunity? Many quality JSE listed stocks are trading at very attractive valuations, even as they struggle with a consumer under pressure, low growth and of course persistent load shedding.
This Power Hour is presented by Jimmy Moyaha, a seasoned financial markets specialist at Lebowa Capital. Jimmy is also a regular market commentator and stand-in host for SAfm Market Update and MoneywebNOW.
Jimmy will use his near-decade experience in markets to look at the big picture currently in South Africa. This includes load shedding, the rise of renewable projects (potentially ending load shedding within a few years), the struggle with stagnate GDP growth, high interest rates and inflation, which have both potentially peaked.
This is not a rose tinted presentation, the realities are stark and it is tough right now in South Africa. Bu many of our listed stocks have excellent management teams and great potential, especially as rates and inflation start to retreat and eventually load shedding ends.
With this in mind Jimmy covers the issues and risks as well as some sectors and stocks that offer attractive investment prospects.
- Mining and resources
Listen to next weeks JSE Direct where Simon Brown will put together a watch list of SA Inc stocks worth keeping an eye on.
How do you make sense of the financial markets? How do you interpret the latest financial news? Where do you learn how financial instruments work? How can you learn to invest?
The JSE Power Hour started in 2011 with top industry experts presenting to private investors on financial issues closest to their heart. Power Hours were live presentations in Johannesburg, Durban or Cape Town and broadcast online. However, due to Covid-19 the Power Hours now take place virtually.