Podcast: Investment clubs

Simon BrownLatest, WorldWide Markets

Investment clubs Simon Shares African Phoenix (JSE code: AXL) is back and trading around 55c after a trading update suggesting around 3c HEPS for the first half. With a potential for maybe 8c-10c HEPS for the FY17 that's a PE of around 5x. Local markets gained 4.8% in January, this time last year after a ...

Podcast: Abils back

Simon BrownLatest, WorldWide Markets

Abils back Abils back Simon Shares African Bank (Abil) returns to the JSE on Wednesday as African Phoenix Investments (JSE code: AXL). I never expected that, a busted bank survives, albeit this is not the banking assets, just insurance. Top40 index at highs for the year, ya I know it early days and as Stuart ...

Podcast: Too much stuff, sell it all

Simon BrownLatest, WorldWide Markets

Too much stuff, sell it all Too much stuff, sell it all Simon Shares Local retail sales updates thus far are poor with negative like for like sales after inflation the norm across the board (mostly). Standouts; Mr Price (JSE code: MRP) still getting their lunch handed to them, Shoprite* (JSE code: SHP) is a ...

Podcast: The 2017 predictions show

Simon BrownLatest, WorldWide Markets

The 2017 predictions show The 2017 predictions show Every year the first JSE Direct of the year is our annual predictions show. Marc Ashton, GM at Moneyweb, Keith McLachlan, Small/Midcap fund manager at Alpha Wealth and Just One Lap founder Simon Brown review their predictions from the previous year and make their top three predictions for ...
JSE Direct with Simon Brown

Podcast: Reviewing my portfolio for 2016

Simon BrownLatest, WorldWide Markets

Simon Shares Standard & Poor's left offshore debt as is (one notch above junk) and dropped the ZAR debt to two notches above junk and on a negative outlook. Standard & Poor's have to decide on junk or not by end 2017 or change the negative outlook to stable, so another anxious 2017 awaits us. ...

Podcast: We get questions

Simon BrownLatest, WorldWide Markets

We get questions Simon Shares Metrofile* (JSE code: MFL) seller in market, use it to pick up some at great price / yield. Sygnia (JSE code: SYG) results see diluted HEPS at 54.16c (vs. 60.40 previous year) and dividend at 52c. I like the business but it is very expensive for a low margin operation ...

Podcast: Are we Brazilian?

Simon BrownLatest, WorldWide Markets

Are we Brazilian? Simon Shares Metrofile* (JSE code: MFL) 1million shares on offer at 500c. Subtle? Dis-Chem (JSE code: DCP), like everybody else I did not get in the private placement and I am not looking to buy in the open market. Santova* (JSE code: SNV) getting hit. I hold and continue to hold, not ...

Podcast: Trump wins, now what?

Simon BrownLatest, WorldWide Markets

Trump wins, now what? Simon Shares Astoria (JSE code: ARA) backs down from its incentive scheme that could have seen up to 25% of new shares issued to directors. Shoprite (JSE code: SHP) = very good. Spar (JSE code: SPP) update = good. Massmart (JSE code: MSM) = poor. Truworths (JSE code: TRU) = horrid. ...

Podcast: I hate my life, teach me to trade

Simon BrownLatest, WorldWide Markets

I hate my life, teach me to trade Simon Shares Dis-Chem, I will likely apply and stag them on listing. Whitey Basson quitting as Shoprite (JSE code: SHP) CEO at end of year. Buying Tongaat (JSE code: TON). Finance minister Gordhan charges dropped, good for junk threat? Trading Master Class - Trend lines video is ...