When it's time to panic Simon Shares Zimbabwean coup, or not coup or whatever. People are all asking me what's the best investment thesis here. There isn't one, a coup is not great for an economy. A democratic functioning state is what is good for investments. My comments last week about large M&A activity seldom ...

Too big to work Simon Shares More highs locally and global for markets. And of course that makes everybody worried and certain we're about to crash. Well we will most definitely crash, just nobody (and I mean nobody) knows when. So as always ignore the doomsayers. Tencent buys a 10% stake in Snap, a clever ...

How important is a trading system? Simon Shares Famous Brands* (JSE code: FBR) results were nasty. Local was weak but the real issue is the UK GBP purchase that cost a bunch and is not performing. Long4Life (JSE code: L4L) is now 510c as I record. Nice price and a lesson that we must never ...

Books for traders & investors Books Trading Trading in the Zone – Mark Douglas (detailed review) Trend Following – Michael Covel (detail review) Reminiscences of a Stock Operator – Edwin Lefevre Investing One up on Wall Street – Peter Lynch (detailed review) Common Stocks and Uncommon Profits – Phil Fisher (detailed review) Effective Investor – ...

Managing the dreaded drawdown Simon Shares Local markets have been making new all time highs and right now the sellers look shell shocked and unable to exert any real downside pressure. Taste (JSE code: TAS) results were just a shocker and they need money fast, real fast. Pick 'n Pay (JSE code: PIK) results were ...

When to short shares Simon Shares Just two weeks ago I was moaning about a sideways market going nowhere, now we have eight green days in a row with local markets joining much of the world at all time highs. Famous Brands* (JSE code: FBR) trading update was bleak, very bleak. Interest costs we expected, ...

Trading time frames Simon Shares Market going nowhere, I take a week off and it literally goes sideways in tight range. Capitec* (JSE code: CPI) results saw HEPS up 17% (trading statement said 15%-18%, they always come in near top of range). Lots of wow numbers; 9.2million active clients and cost-to-income ratio at 36%. The ...

Love new highs Simon Shares Metrofile* (JSE code: MFL) results very modest as they reduce dividend for H2 but keep it flat for the year. Clover (JSE code: CLR) results were ouch, very ouch. They call it a perfect storm, I call it over priced branded milk. Spur (JSE code: SUR) were also very bleak ...

Ignore the fear Simon Shares Capitec* (JSE code: CPI) trading update is looking for HEPS to be 15%-18% higher. Modest for a 27x PE stock with consensus being 18.7%. The DB x-tracker ETFs will see their name change on Monday 18 September as Sygnia completes the purchase process. The new name is Sygnia Itrix and ...

Where's your stop loss? Simon Shares Telkom (JSE code: TKG) has confirmed government wants to sell their 39% stake in the company, likely to bail out SAA. Classic rookie error, exiting good trade to keep bad trades. Amazingly good results from Home Choice (JSE code: HIL), but with zero liquidity in the stock the results ...