JSE Direct with Simon Brown

Podcast: Portfolio results and updates

Simon BrownLatest, WorldWide Markets

This JSE Direct is proudly brought to you by IG, the specialists in CFD trading and a registered financial services provider. Simon Shares Calgro M3* (JSE code: CGR) results a horror. Sure some is due to the new IFRS, but a lot else hurting them right now and I am selling my last remaining shares ...
JSE Direct with Simon Brown

Podcast: Correlation is not causation

Simon BrownLatest, WorldWide Markets

This JSE Direct is proudly brought to you by IG, the specialists in CFD trading and a registered financial services provider. Simon Shares More delistings. I write about this for next weeks FinWeek. But it is expected and does indicate we're at (or near) a bottom with quality at really cheap valuations. Top40 just holding ...
JSE Direct with Simon Brown

Podcast: Too small to matter

Simon BrownLatest, WorldWide Markets

This JSE Direct is proudly brought to you by IG, the specialists in CFD trading and a registered financial services provider. Simon Shares NO show next week (18 Oct 18), I am holidaying. Remember the chart of the Top40 I posted a few weeks back, showing the trading range? We broken the range again, but ...
JSE Direct with Simon Brown

Podcast: Small cap pain

Simon BrownLatest, WorldWide Markets

Simon Shares This JSE Direct is proudly brought to you by IG, the specialists in CFD trading and a registered financial services provider. September was such a rough month that the best performing full equity fund in South Africa returned -0.4% for the month. Not a single full local equity fund was positive. Upcoming events ...
JSE Direct with Simon Brown

Podcast: Are you buying?

Simon BrownLatest, WorldWide Markets

Simon Shares This JSE Direct is proudly brought to you by IG, the specialists in CFD trading and a registered financial services provider.’ Alexander Forbes (JSE code: AFH) fires their CEO with zero f***s given. Nigeria making nice to MTN (JSE code: MTN) and Standard Bank (JSE code: SBK). Choppies (JSE code: CHP) snuck a ...
JSE Direct with Simon Brown

Podcast: Managing fallen angels

Simon BrownLatest, WorldWide Markets

Simon Shares CPI 4.9% vs 5.2%, rates on hold? Naspers (JSE code: NPN) unbundling Multichoice. About R5.5billion profit so market cap some R55billion on 10x PE. That puts them into the Top40. The theory that Multichoice is dead is very misplaced. Aspen (JSE code: APN) gives another update to the market trying to help investors ...
JSE Direct with Simon Brown

Podcast: Shares or cash for dividend?

Simon BrownLatest, WorldWide Markets

Simon Shares Metrofile* (JSE code: MFL) results were a mixed bag with the reduced dividend expected but they are essentially going to almost halve the cover ratio over two years and that is more aggressive than expected. Growth was modest, but the results commentary was even ore modest. Two analysts I know spoke to management …

JSE Direct with Simon Brown

Podcast: NAV, value or trap?

Simon BrownLatest, WorldWide Markets

Simon Shares MTN (JSE code: MTN). Woe is MTN, another $2billion for tax evasion. Is it a shake down? Maybe, maybe not. Truthfully we have no idea and it does cover the same period (2007-2015) of their previous Nigerian fine. I long ago sold my MTN shares and no interest in buying more. Steinhoff (JSE …

JSE Direct with Simon Brown

Podcast: SAFcoin responds

Simon BrownLatest, WorldWide Markets

Simon Shares The SAFcoin saga continues (my initial stay away story here and the follow up with legal threats here), I hope this will be the last. Neil Ferreira finally offered to answer my concerns and I sent him a list of 43 questions Sunday afternoon and he returned them on Wednesday, you can find ...
JSE Direct with Simon Brown

Podcast: Alternative investments

Simon BrownLatest, WorldWide Markets

  Download the audio file here Subscriber to our feed here Sign up for email alerts as a new show goes live Subscribe or review us in iTunes     Simon Shares   This arrived in my Twitter DM literally minutes after I had published this podcast. I'll submit a list of questions over the weekend and Neil Ferreira ...