WorldWide Markets - Page 29 of 55

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 ...

Podcast: Buying after the lockdown

Simon Brown 17 September 2020Latest, WorldWide Markets

Simon Shares Day 174 of lockdown. Level 1? The Foschini Group (JSE code: TFG) trading update spooked the market, but it was the six months to end September. In other words, all lockdown. African Rainbow Capital (JSE code: AIL) results including an R750million non-renounceable rights issue. Trading at some 75% discount to the net asset ...

Podcast: Upside surprises

Simon Brown 10 September 2020Latest, WorldWide Markets

Simon Shares Day 167 of lockdown. Local Q2 GDP -16.4% (-51% if you annualise it). Makes us one of the worst-hit economies for Q2, not surprising as we did very hard lockdown. Now to get out of the hole and that's going to be the hard part. Of our three main political parties, the honest ...

Podcast: Level 2 winners

Simon Brown 3 September 2020Latest, WorldWide Markets

Simon Shares Day 160 of lockdown. Northam (JSE code: NHM) results had two comments that caught my attention. They are aggressively buying back their Zambezi pref shares (JSE code: ZPLP). The second was that the amount of rhodium used in a single catalytic converter was 0.3g in 2015 and will be 0.45g in 2025. A ...

Podcast: Results mania summary

Simon Brown 27 August 2020Latest, WorldWide Markets

Simon Shares Day 153 of lockdown and Covid-19. Pro-active passive management Investec USD SP500 Autocall Upcoming events; 03 September ~ JSE Power Hour: Under the hood of a passive robo advisor Download the audio file here Subscribe to our feed here Sign up for email alerts as a new show goes live Subscribe or review us in iTunes Master ...

Podcast: Buy the rumour, sell the fact

Simon Brown 20 August 2020Latest, WorldWide Markets

Simon Shares Day 146 of lockdown and Covid-19, new cases definitely on the decline and hence we're now in level 2. S&P500 closed Tuesday at all-time highs. Sasol (JSE code: SOL) after liking the update the market does not like the results. Truworths (JSE code: TRU) has now written down GBP231million of the GBP256million they ...

Podcast: When bad news is good news

Simon Brown 13 August 2020Latest, WorldWide Markets

“This week’s episode of JSE Direct is courtesy of IG, our preferred supplier in trading products.” Simon Shares Day 139 of lockdown and Covid-19, new cases definitely on the decline. Clicks (JSE code: CLS) trading update again shows that this company is a machine. Revenue +10% for the 49 weeks to 9 August 2020. Residential ...

Podcast: Retail updates

Simon Brown 6 August 2020Latest, WorldWide Markets

“This week’s episode of JSE Direct is courtesy of Outvest, our preferred supplier in retirement products.” Simon Shares Day 132 of lockdown and Covid-19, new cases definitely on the decline. Pick 'n Pay (JSE code: PIK) update was somewhat of a horror show, but I'm not sure what the market was expecting. It is for ...

Podcast: Script lending

Simon Brown 30 July 2020Latest, WorldWide Markets

Simon Shares Day 126 of lockdown and Covid-19, cases may be moderating? Sasol (JSE code: SOL) sells some assets for R8.5billion and the stock is up over 12%. The sale is SA gas operations at Secunda. A sale and leaseback as Sasol only customer. But gets Sasol cash to pay down debt so good news ...