Local small caps are cheap, very cheap. But are they value or a value trap? Simon has a look and also looks into the Rand as it holds on ahead of elections, Amazon arrives in SA, trouble for local retailers?
Bye-bye rate cuts an Anglo American, hello China
Powell goes all hawkish, BHP Group wants parts of Anglo American, offer deadline is 22 May. Strong Clicks results, oil crashing, changes to Sygnia tech ETFs and China charts looking good.
Capitec, great results. Very expensive stock. Sasol just a horror.
String Capitec results, but very expensive stock. Horror Sasol update, very cheap stock. Rates not coming down in 2024. Tencent having a good week, Naspers loving it while oil and gold are both weaker.
Purple Thrives, gold flies and inflation dips lower
Purple swings back into profits thanks to Thrive. China GDP surprised and local inflation dips lower in March. Gold still flying and oil remains around $90.
SARB wants a lower inflation target; how, why & implications?
The impact of Sasol’s Secunda reprieve, the soaring performance of PGM miners, China’s economic outlook, WeBuyCars’ upcoming listing, and the debate on inflation targeting
The looming commodity cliff
Goldfields new Chilean mine took thirteen years, a looming commodity cliff? Tax receipts slightly better, oil and gold surging. The best and worst ETFs from Q1.
Telcos are horrid investments
String Old Mutual results, but a bank? ADvTech operational leverage, MTN horror results, the SALTA people’s choice and the MPC remains very hawkish on rates.
Abenomics worked, Fed not so much
Abenomics has worked but the Fed gives up on inflation sending gold higher while oil is creeping higher and threatening inflation. Results from Sun International, Remgro and Telkom sells tower business.
US CPI hasn’t come down in 9 months!
US inflation is largely unchanged over the last nine months. Pick n Pay worries for REITs, poor Absa results and Quantum Foods, there really is no story.
Shoprite could buy Pick n Pay, but should you buy Shoprite?
Shoprite results saw them with more cash then the Pick n Pay market cap. But is Shoprite cheap at current levels? Bitcoin and Gold and all-time highs and the debt cost squeeze on corporate South Africa.