WorldWide Markets - Page 22 of 49

Podcast: A booming November

Simon Brown 3 December 2020Latest, WorldWide Markets

Simon Shares Really strong November for stocks. France and Italy had their best months ever, S&P500 +11% and JSE +10%. The Pfizer / BioNTech vaccine has been approved for use in the UK starting next week. Limited supplies so front line workers and old people first. But this is good news and suggests that the ...

Podcast: Bitcoin is tiny, even at highs

Simon Brown 26 November 2020Latest, WorldWide Markets

Simon Says Another week another vaccine. U.K. economy is forecast to contract by 11.3% this year, "the largest fall in output for 300 years," Chancellor Rishi Sunak tells MPs. US Jobless Claims +30K To 778K In Nov-21 Week, secondly weekly rise. Continuing Claims -299K to 6,071,000 for Nov-14 week. Dow Jones trades above 30,000 for ...

Podcast: Owning unlisted shares

Simon Brown 19 November 2020Latest, WorldWide Markets

Simon Shares Another week, another vaccine. This time from Moderna and also using the Messenger RNA as does the Pfizer / BioNTech vaccine. Stor-Age* (JSE code: SSS) results very solid. Wilson Bayly Holmes (JSE code: WBO) results not great as Australia hurts, again. Raubex (JSE code: RBX) announces an R2.87billion contract win from Sanral. Strong ...

Podcast: Bombastic billionaires

Simon Brown 12 November 2020Latest, WorldWide Markets

Simon Shares US elections, everybody knows who won except the orange one and the GOP. Vaccine news from Pfizer and BioNTech has changed market behaviour. Banks and consumer stocks now the rage while tech and gold is falling. Locally banks are flying. Fini15 daily chart Interesting to see the JSE All Share up circa 14.4% ...

Podcast: Finding infrastructure stocks

Simon Brown 5 November 2020Latest, WorldWide Markets

Simon Shares US Election results pretty much playing as expected. Trump doing well in early counting but some important states still to come but he has declared victory and is heading for the courts. Upcoming events; 05 November ~ JSE Power Hour: Searching for income 19 November ~ JSE Power Hour: Twenty years of ETFs Download ...

Podcast: A robust strategy

Simon Brown 22 October 2020Latest, WorldWide Markets

Simon Shares Distell Group (JSE code: DHG) issued a solid update albeit short on numbers with one exception. They reduced net debt by some R1.7billion which is a massive number. Pick n Pay (JSE code: PIK) is heading into Nigeria and the market is worried as Nigeria is littered with the bodies of corporate South ...

Podcast: Bankruptcy

Simon Brown 15 October 2020Latest, WorldWide Markets

Simon Shares PPC (JSE code: PPC) results. The $150million debt in the DRC is the problem. If they solve that they'll do a rights issue. If not they're bankrupt. The president's speech on Thursday should give them some hope as he likely promises lots of energy and infrastructure spending. Balwin (JSE code: BWN) results. Not ...

Podcast: Where’s the cash?

Simon Brown 8 October 2020Latest, WorldWide Markets

Simon Shares How to fix the JSE, some great ideas by Keith McLachlan. SARB buys R39.4billion of local government bonds in the secondary market in September. French Canal+ takes 6.5% stake in Multichoice (JSE code: MCG). Shoprite* (JSE code: SHP) says their loyalty program is a huge part of them gaining R4billion in market share? ...

Podcast: Presidential markets

Simon Brown 1 October 2020Latest, WorldWide Markets

Simon Shares Day 188 of lockdown. August CPI 3.1%. Everybody now suddenly knows about the expanded unemployment rate? Capitec* (JSE code: CPI) results were as always solid. Hit hard by the pandemic, but resilient. Valuations are rich, as always. Alviva (JSE code: AVV). Remember old Pinnacle, once a darling and then hit by claims of ...

Podcast: Missing the bus

Simon Brown 24 September 2020Latest, WorldWide Markets

Simon Shares Day 181 of lockdown. The Tongaat (JSE code: TON) deal to sell their starch unit to Barloworld for R5.35billion is happening and the Tongaat share price loved the news. We're seeing a strong bounce locally while the US markets are also having a better run, risk back on (for now). But what was ...