It's been a tough few years for the construction industry but now that Donald Trump is president of the United States things are starting to look up.
The Trump presidency is turning out to be very bullish for the equity markets and especially the construction sector which will be helped by the new fiscal policy stance.
Today's FTSE 100 stock has been touted as a potential beneficiary from an... ››› more
Raubex Group is a company focusing on heavy engineering, with a strong focus on infrastructure. The company has a listing on the Johannesburg Stock Exchange…
Full name: Raubex Group Limited
Short name: Raubex
Sector: Construction & materials – construction & materials
Five top facts about Raubex Group
Raubex Group employs aro... ››› more
When Afrimat listed in 2006, it focused only on building materials. Had it remained this way, it would have been in big trouble.
However, early diversification let it supply contractors working on large infrastructure projects. And during the financial crisis and the subsequent recession, it chose to diversify further, with less reliance on government infrastructure spending.
The company did... ››› more
To find the best shares to buy, you need to do your research. You want to give your cash the best chance of future growth investing in shares.
So how can you uncover a good investment?
One common way of valuing a company is using the price earnings (PE) ratio. But the PE ratio has its flaws.
Read on to find out the downfalls of the PE ratio and what you should use instead…
What ... ››› more
Making money from investing in shares comes down to the price you pay and the price you sell.
To boost your chances of making a profit, you want to buy into shares when they're showing good value.
So how can you do this?
The price earnings (PE) ratio is one of the most widely used financial ratios for the job, but there's another one you can use to get a bigger picture…
What is t... ››› more
Earlier today, Stats SA released its quarterly labour force survey covering the third quarter of the year.
The report showed a poor gain in employment numbers from July to September.
Let's take a closer look at what the report revealed…
Unemployment is now at 25.4%
The rate of unemployment in South Africa now stands “at 25.4% of the labour force,” reports Fin24. That’s a mar... ››› more
If you're new to investing and looking for clues on how to build a winning portfolio, where can you start? By including a few key approaches in your investing, you can improve your chances of success. With investing, the same thing doesn't work for everyone. So it's important that you hone in on what works well for you over time. Let's take a closer look at what you should include…
Investment... ››› more
Deciding on what shares to buy isn't an easy task. You need to consider a whole host of factors when adding stocks to your investment portfolio. When investing in shares, you should look at the sectors of the different companies. Different sectors behave in different ways. And over time this can have a bearing on the performance of your portfolio. Let's have a look at the different ways sectors be... ››› more
Yesterday it emerged that the man at the helm of the Competitions Commission, Shan Ramburuth, had whittled away thousands of rands visiting adult sites. This led Mr Ramburuth to tender his resignation with immediate effect. The Minister for Economic Development, Ebrahim Patel, replaced Mr Ramburuth with Thembinkosi Bonakele as acting competition commissioner. Let's take a closer look at what went ... ››› more
If you're an investor by nature who likes to take a little bit of risk on the stock market, then it's your lucky day! The JSE has a baby sister called the Alt-X market.
It consists of plenty of the small cap shares which each share has a market cap of under R1.5 billion.
There are shares within this index which are set to become the next blue chip companies of the future.
Since 2007, the ... ››› more
Retail shares have crashed this year, the unsecured lending bubble has popped and mining shares are going nowhere slowly as workers keep striking…
With the market looking like this, what should you invest in?
Well, what about the one sector making a comeback?
Back in 2009 one of the largest construction companies, Murray and Robberts, was worth R50 billion. Today the WHOLE construction ... ››› more
Earlier today, it emerged that one of the unions involved in the construction sector has accepted a wage deal. The Building Construction and Allied Workers' Union (BCAWU) have agreed to a wage hike of between 8% and 10%. Let's take a closer look at what's happening with the strike in the construction sector…
Earlier today, the SA Federation of Civil Engineering Contractors (SAFCEC) said that o... ››› more
Earlier today, the Minister for Mining, Susan Shabangu warned that a lengthy strike in the mining sector would be bad for the economy. Strike action is set to begin tonight after wage talks failed. Let's have a closer look at the impact of a lengthy strike in the gold mining sector…
Susan Shabangu, Minister of Mines, warned earlier today that a “protracted strike in the gold industry” will... ››› more
Yesterday, Murray & Roberts released a trading update. And the market liked what it saw. The share price rose nearly 6% on the news. Let's take a closer look at what the update revealed…
Construction firm, Murray & Roberts’ share price rose 5.9% yesterday, reports BDLive. This was after the company said it expects its results to show “a return to profit”. The company’s results are due ... ››› more
Earlier today, the National Union of Mineworkers (NUM) said that its construction workers were preparing to down tools from Monday. This follows auto manufacturers who've been striking since Monday. And threats of strikes from the textiles sector and the mining sector. Let's have a closer look at what's going on…
NUM said that “90,000 members in the construction industry would go on strike f... ››› more
Yesterday, Group Five surprised the market with a fantastic trading statement. It sent its share price through the roof. Let's have a closer look at what the statement revealed and why the market liked what it saw…
Construction firm, Group Five, released a trading statement yesterday, which sent its share price 9.5% higher.
The company expects its “headline earnings per share 145% to 165%... ››› more
Yesterday, the price of the yellow metal hit a one month high. The gold price rally was great for the miners, which closed with mighty gains. But retailers took the good out of the gold miners' day. Let's see what happened…
By lunchtime yesterday, the gold price was already up 1.7%, reports Fin24, thanks to a weaker dollar. But the yellow metal is “still down more than a fifth this year”.
... ››› more
There are two types of news. And I don't mean good news and bad news…
Basing your investment decisions on the one kind of news could cost you dearly…
Whatever you do, you shouldn't listen to this first kind of news. I'm talking about the news that is blurted out to generate newspaper sales.
This is often associated with audacious headlines having bold claims only affecting your and o... ››› more
Ask anyone what they're investing in this year and you'll hear a wide range of opinions…
"Mining shares are just so cheap you can't avoid them!"
"A new consumer is born every 3 seconds - you need to buy retailers"
"Our banks are in a much better place than international ones; this is a good time to buy"
But the one sector I haven't heard anyone discuss lately is construction. Granted... ››› more
The results of the Competition Commission's investigation into the construction industry are shocking. Today, it emerged that so far 15 firms have agreed to fines amounting to R1.46 billion for participating in collusive behaviour with other companies. Let's see what the investigation unearthed…
Today, members of the Competition Commission confirmed that the body had “investigated 140 projec... ››› more
Disclaimer Note that FSP Invest, a division of Fleet Street Publications (Pty) Ltd, is a research house and not a registered broker, financial advisor or financial service provider. Our editors and customer services teams also do not give personal investment advice. The advice in this website is general advice only and may not be appropriate to your particular investment objectives, financial situation or particular needs, so before investing or if in any doubt about your personal situation, you should seek professional advice from a stockbroker or independent financial adviser authorised by the Financial Services Board.
We research our recommendations and articles thoroughly, but disclaim all liability for any inaccuracies or omissions found in this publication.
Remember: Never invest more than you can afford to spare and that the value of any investment, and the income derived from it, can go down as well as up. The past is not necessarily a guide to future performance.
Editors or contributors may have an interest in investments commented on in this newsletter. However they have signed restraints to prevent the abuse of their position as contributors to this publication.