Jsedirect With Simon Brown

Quick update, I buying Coronation (JSE code:CML) at ±3750c. View my portfolio ==>> www.SimonBrown.co.za

  Simon Shares MPC Thursday (26 January) raised 0.25% and FOMC Wednesday (1 February) expected is 0.25%. Capco (JSE code: CCO) good trading update and dividend. Renergen* (JSE code: REN) proposing US ADRs with Nasdaq listing in time to raise last capital required for phase 2. Stocks losing money from load shedding All listed companies are mentioning load shedding in their updates. Shoprite* (JSE code: SHP); "The Group's additional spend on diesel to operate generators across our Supermarkets RSA store base in order to trade uninterrupted during load shedding stages five and six amounted to R560 million for the period." For the six months ending 2 January 2022 operating profit was R5,113billion. So load shedding costing the group ±10% of operating profit? Astral (JSE code: ARL) selling chicken R2/kg below cost of production. "A large portion of the capital expenditure commitments amounting to R737 million, outlined during the F2022 results presentation, has been placed on hold given the current adverse ma

Simon Shares Renergen* (JSE code: REN) finally gets phase 1 helium flowing. ArcelorMittal (JSE code: ACL) update, everything they warned about went wrong. MPC Thursday (26 January) and FOMC Wednesday (1 February). Raising 0.25% each. Stocks making money from load shedding Reunert (JSE code: RLO). High voltage cables and circuit breakers. Mustek (JSE code: MST). Green energy division. Famous Brands (JSE code: FBR). Lights out need food. Mahube Infrastructure (JSE code: MHB). Wind and solar operations paying a dividend (DY ±13.5%) and trading below NAV. Kibo Energy (JSE code: KBO). Are they a going concern? They issued shares to pay a £19,635.44 invoice. This is well worth a listen, some important data points from @StefMarani that help understands the road ahead .. https://t.co/6CGNRd6QUe — Simon Brown (@SimonPB) January 24, 2023   @simonbrown_za ArcelorMittal SA horror update as the second half was loss making #investing #share #jse ♬ original sound - SimonBrown   * I hold ungeared positions.  

Simon Shares Top40 is all about China. Economic data from China for 2022 released this week was weak, but better than expected. Which food retailer offers the best value? Food inflation is still high, 12.7% YonY for December. But likely peaked (good rains, diesel lower and reducing input costs) Preferred food retailer? Always Shoprite* (JSE code: SHP). But expensive, forward PE 19.5x Pick n Pay (JSE code: PIK). Forward PE 20.5x and not as good as Shoprite. Woolies* (JSE code: WHL). Exited disaster that is Australia. Forward PE 15x and if they can also fix clothing, real winner. Spar (JSE code: SPP). CEO and chair exiting after bad press recently. Poland issues but forward PE 10x. * I hold ungeared positions.  

Now for the tenth year in a row, we kick off the new year with a prediction show. Marc Ashton, Keith McLachlan and Simon Brown put their heads on the block with three wild and woolly predictions for the markets for 2023 followed by a call on the Top40 and ZAR for the year ahead. Importantly we start each show with a review of the previous year’s predictions and you’ll find the 2022 predictions show here.  

I've been buying some Zeda on the JSE. - Here's why - A bit about the business - Risks - Possible target price

  Oil below US$ 80, the first time this year. OPEC+ made no production changes. EU price cap on Russian oil. Done via insurance, but will it work and if it does will oil not move higher? Simon Shares Nampak (JSE code: NPK) results and book build. Worth a speculative punt after the rights issue is done? Solid Sygnia (JSE code: SYG) results and strong dividend. RMI becomes Outsurance on the JSE, code OUT. China zero-covid. Local GDP, better than expected. Worst ETFs of 2022 Position your portfolio for 2023  

Simon Shares MPC upped rates 0.75% with more expected in the new year. Solid City Lodge* (JSE code: CLH) update with November occupancies at 60%. Rand below R17/US$ and more strength expected. Top40 sneaks green for the year after a rough ride. This is why we hold And don't panic Markets recover Chinese covid-19 cases hitting new records, by a long way. This has real implications (bad ones) for the global economy as the second largest is going to be struggling in 2023.   Chinese covid cases since the start of the pandemic * I hold ungeared positions.

Simon Shares Renergen* (JSE code: REN) did a small capital raise and the market not liking after they said earlier in November they wouldn't do one. Cilo Cybin will not be listed on the JSE. They planned to raise R500million but only got R20.5million. Those who applied will be refunded. Local October CPI was 7.6%, up from 7.5% and vs. an expected 7.4%. Expect MPC to do 0.75% and two 0.25% next taking prime to 11%. Locally 2022 has not been all horror It feels really bad but the JSE has had a fair year with sen decent winners as the two images below show. JSE Top40 stocks year-to-date. (winners) JSE Top40 stocks year-to-date. (losers)

Binance buys FTX. No, they walk away. FTX goes bust. Keep your coins in a hardware wallet, not on the blockchain unless you trading it. I use a Ledger Nano S Plus. What's the future for crypto with another exchange hitting the wall? Simon Shares Results wrap; Purple Group* (JSE code: PPE) Stor-Age* (JSE code: SSS) Ninety One (JSE code: N91) Transaction Capital (JSE code: TCP) * I hold ungeared positions.  

So you bought a stock and it's done good and you're making money, maybe even lots of it. Now what? First, why did you buy it? That'll often help you decide when to sell. Second, is it still going up? Have a line in the sand, using charts, at which you sell. Third, is the news still all good? Bad news means to sell. Simon Shares US inflation due Thursday, expected is 7.9%. Binance buys FTX Time for gold? Murray & Roberts (JSE code: MUR) sell Clough for very little but get rid of a lot of inter-company debt. Leisure stocks looking good, especially the Sun International* (JSE code: SUI) chart. "However, due to the immense interest from the public, as well as international investors to date, we decided to extend the period by 2 more weeks. This will allow for the investors that missed the deadline, to be part of this amazing opportunity to own shares in Cilo Cybin Holdings.". Not a good sign. Elon Musk sells Tesla (Nasdaq code: TSLA) shares worth US$4billion after saying in April he would sell no more.

After the results, are any FAANGs worth buying? FAANGs, a mixed bag with Meta (NASDAQ code: META) the biggest loser. Is it worth buying or what of the other FAANGs? Apple (NASDAQ share code: AAPL) and Amazon (NASDAQ code: AMZN) would be my picks. Why buy the losers? Simon Shares RMI, I got confused between RMI and RMH last week. Former is becoming Outsurance. Capital & Counties (JSE code: CCO) trading update shows strong leasing activity at Covenant Garden. Octodec (JSE code: OCT) results, discout to NAV +50%, dividend yield ±14%. Sasol (JSE code: SOL) convertible bond issue essential a back door right issue. Bonds expire in five years and convert into Sasol shares at US$20.3863. RSA Retail Savings bonds now offer 11.5% fixed for five years.

fff Go where the money is The Fini15 (JSE code: STXFIN*) is the only green index so far in 2022 and the strongest bank YTD? Absa (JSE code: ABG). Simon takes us through the journey of finding the strongest sectors and then the strongest shares to find a trade where the money is. Simon Shares Niche JSE listed property stocks, there are a bunch of them and they're mostly looking good. Famous Brands (JSE code: FBR) results are back at pre-pandemic levels. MTBPS Buy triggers on Nasdaq and S&P500 My lazy system has triggered buys on both S&P500 and Nasdaq. A close above last night's close and I'll be long pic.twitter.com/8HAisLdPZr — Simon Brown (@SimonPB) October 26, 2022   * I hold ungeared positions.

Murray & Roberts (JSE code: MUR) horror update. "working capital requirements are especially acute" "financial results for the six months period ending 31 December 2022, to be at least 100% down" This is not South Africa at all, it's Australia and the US. We've seen Wilson Bayly (JSE code: WBO) walk away from their Australian operations. Low margins and bankers not keen on bonding projects are going to crunch this industry globally. I would suggest Aveng (JSE code: AEG) is not immune either. The only time this industry really made money was in the run-up to the world cup, and they were colluding to get operating margins of +5%. So really this is a bust industry. That all said, decent results from Calgro M3 (JSE code: CGR) while we wait for Balwin (JSE code: BWN). Simon Shares MTN (JSE code: MTN) ditches Telkom (JSE code: TKG) over their Rain talks. Pick n Pay (JSE code: PIK) results. Not bad but the market hated selling the stock down 9.3%. Is the issue valuation? Forward PE is ±29c vs. Shoprite* (JSE

Simon Shares Remgro (JSE code: REM) plans to unbundle its stake in Grindrod (JSE code: GND). There were ideas that maybe Remgro would take out Grindrod, but the unbundling is going in a different direction and Remgro unbundles shares they don't want. Remember also that after the unbundling expect weakness in the Grindrod share price for a few weeks. They've held them since 2011 and hold a 24.81% stake For every 100 Remgro you'll receive 30.70841 Grindrod shares. Last day to trade (LDT) is 11 October 2022. You'll receive them with a base cost that Remgro paid, that value is still to be determined. Barloworld (JSE code: BAW) trading update is not bad. The big news is that they plan to list Avis by year-end. Tiger Brands (JSE code: TBS) trading update was solid off a low base. The chart looks bullish as it rose +10% on Monday after the update. Chart looking decent and a potential delisting target? The UK is an absolute mess. Here the UK 5, 10 & 30 year bonds for September .(with correct carts) . Just S

hh Simon Shares FedEx (NYSE code: FDX) spooks the market by withdrawing guidance and saying demand is collapsing. Thungela Resources (JSE code TGA) went ex-dividend to 6000c. Wilson Bayly (JSE code: WBO) is letting their Australian operations go bust, not giving any more financial assistance. Has inflation peaked? Local inflation down at 7.6% for August from 7.8%. US August inflation at 8.3% from 8.5%. UK August 9.9% from 10.1%. EU 10.1% up from 9.8%. Europe and UK still have a winter of energy crisis to contend with. US and local looks to have topped, but energy/petrol still needs watching. Food inflation remains high and remains a risk. A recession will dampen demand and help inflation lower. Transport costs are down. BUT, what of interest rates? The problem is getting back to target. Locally 3%-6% US 2% Rate increases still coming, likely into the new year before pausing. Then the long wait for inflation to get to target (or near) before rates start coming down. In the US this is at best 2024 but pr

Simon Shares Trading Trading in the Zone – Mark Douglas (detailed review) Trend Following – Michael Covel (detailed review) Reminiscences of a Stock Operator – Edwin Lefevre Market Wizards - Jack Schwager The Complete Turtle Trader: How 23 Novice Investors Became Overnight Millionaires - Michael Covel Investing The Little Book of Common Sense Investing - John C. Bogle One up on Wall Street – Peter Lynch (detailed review) Common Stocks and Uncommon Profits – Phil Fisher (detailed review) Effective Investor – Franco Busetti The Little Book that Beats the Market - Joel Greenblatt General Thinking, Fast and Slow - Daniel Kahneman Fooled by Randomness - Nassim Taleb

Simon Shares Anthony Clark on small caps Purity baby powder products were recalled by TigerBrands (JSE code: TBS) due to traces of asbestos. PSG (JSE code: PSG) unbundling effective at close on Tuesday. Holders at the close will receive 3.87 PSG Konsult (JSE code: KST) 1.82 Curro (JSE code: COH) 0.12 Kaap Agri (JSE code: KAL) 1.04 CA Sales (JSE code: CAA) 1.02 Stadio (JSE code: SDO) The bear and bull case for investing in Shoprite Shoprite* (JSE code: SHP) results saw the stock down 7.5%. Let's dig into what the market maybe didn't like. Only 10% earnings growth? With one week less and the 2021 riots in the numbers, decent albeit not knock the lights out. Only 600c dividend for the full year? Very much in line with the average. Expensive on PE of over 20x? Always is, but mid-range is about 15% lower. So yes, maybe a little more than usual? Opening 275 new stores? Cost and are they cannibalising their other stores? RSA operating margin 6.8%? The top end of the long-term range, worries that

Simon Shares Save R500k with a deposit. ETF closing prices are an absolute mess. Cashbuild (JSE code: CSB) results see them coming back to earth after a pandemic boost. Education stocks all published results. ADvTECH* (JSE code: ADH) is my pick, but all showing student growth and cash generation. Shoprite* (JSE code: SHP) gets permission to turn their money market account into a bank account. Grindrod (JSE code: GND) currently runs the service for Shoprite and African Bank is buying Grindrod Bank. Walmart (NYSE code: WMT) is set to make an offer to the Massmart (JSE code: MSM) minorities for the remaining 47% at 6800c. Netflix (Nasdaq code: NFLX) plans to price its ad-supported plan at $7-to-$9 per month with about 4 minutes of adverts per hour. Purple Group* (JSE code: PPE) back at 203c, always be very careful of casing a news story (the Asia deal announced last week with very few details). Tsogo Sun Hotels (JSE code: TGO) changes its name on 7 September. They will become Southern Sun Limited (JSE code: SSU