Sell

  • Complete downgrade averted as Moody's gives SA one last shot - with one to buy
  • Last week South Africa side stepped the exclusion from the World Government Bond Index, as Moody's didn't downgrade its local currency. Instead, Moody's placed South Africa on Credit Watch. This is a period of up to 90 days where it critically evaluates any material changes and can downgrade SA at any-time. S&P downgraded SA, which sparked panicked selling of the rand after the JSE closed, but... ››› more
  • [28 November 2017]
  • The Looming Credit Downgrade - Two to buy and none to sell
  • Moody's and S&P ratings agencies will be announcing if they drop SA's credit ratings one more notch after the market closes on Friday. Although Moody's signaled, it wouldn't be making any serious decisions before the 2018 budget, we had Minister Gigaba's mini-budget confirmed that South Africa's in crisis. A strong focus is one of the core Pillar's Moody's considers when making a decision.... ››› more
  • [22 November 2017]
  • Political Shenanigans pushes Rand to the back foot - one to buy and one to sell
  • President Zuma is trying to curry favour with supporters by investigating solutions to the “free” education agenda. The cost of this “free” education is an almost certain downgrade and the resignation of Michael Sachs. The Rand responded by weakening 20c yesterday. We've been cautioning investors, to have an appropriate amount of their investable assets exposed to offshore investments.... ››› more
  • [14 November 2017]
  • Running for the Exit ‘en Mass' - One to Buy with one to Sell
  • The mid-term budget spooked many investors as it was thin on detail, but exposed an unexpected gap between income and expenses. These events typically create spikes in the currency. History shows that this is not the time to panic, however the risk of further downgrades has certainly increased and now look unavoidable. We have consistently suggested that you regularly review your offshore i... ››› more
  • [31 October 2017]
  • Two to Buy with None to Sell this week!
  • The Rand strengthened 3.3% last week on a weaker US Dollar, higher appetite for risk assets and a court ruling indicating President Zuma could face corruption charges - that were previously withdrawn. Support for Cyril Ramaphosa as the ANC's next leader is growing. A Bloomberg survey of 26 political analysts has 16 of them expecting Ramaphosa to pip Dlamini-Zuma - with which we concur. A Ramph... ››› more
  • [17 October 2017]
  • Two to Buy and One to Sell this week!
  • The Top40 index is up 15.5% year to date, which is a result of Naspers and Richemont. In fact, if you strip out NPN and CFR, the Top40 index would be down 0.50%. We've had a buy on both shares this year, and remain invested. Global markets are working in tandem and hitting record highs, this week we have Federal Open Market Committee minutes and Mario Draghi, all eyes are on any indication... ››› more
  • [10 October 2017]
  • Two to Buy and none to sell this week!
  • PSG has pulled back to a good buying level around the R235 mark. We've been trading the R230/R270 range this year very well. When you buy PSG you get exposure to a number of companies, like Capitec, now one of South Africa's “big 5” and growing by over 100,000 clients per month. Through PSG, you also gain exposure to Curro and Studio, which has been unbundled from Curro and starts tradin... ››› more
  • [03 October 2017]
  • Movers and Shakers this Past Week - Plus 3 to buy and 2 to sell
  • Industrials down 3% Industrials took the brunt of weaker markets last week as concerns regarding the economic outlook post US elections weighed on sentiment. Woolies was down 6,3% and several other industrial shares fell by approximately 4%. Naspers down 7,9% Rand strength and weakness in social media stocks put pressure on Naspers. Facebook was down 8,6% while Groupon fell 19%. Some anal... ››› more
  • [22 September 2017]
  • The Year that was - The biggest winner of 2016 was the Rand!
  • 2016 has been a year many will quickly forget, but for the shock results of the Brexit vote and the US elections; it was a year where many cans were kicked down the road. Global growth remained benign and potential silver-linings have yet to gain material traction because of lingering uncertainties such as the future US foreign policy, the tensions in South East Asia, lingering debt problems i... ››› more
  • [22 September 2017]
  • The state of our nation + 3 to buy and 2 to sell
  • The JSE Top 40 closed the week down 1,5%. Higher commodity prices; Gold, Silver and Brent Oil were up more than 2%, while Platinum managed 1,6%. These were not enough to save the Resources Index (down 3%) from a stronger Rand. Industrials and Financials were also softer. Anglogold up 9,3% and Harmony 9,5% responding to a firmer Gold Price (up 2,5%). PSG rallied 6%, see comment below. ... ››› more
  • [22 September 2017]
  • Getting it right… 2 to buy and 2 to sell
  • Where is, the Rand going? The biggest surprise last week came from the Rand which strengthened another 2,3% against the US Dollar and 3% to the Pound. This put Rand hedge stocks under pressure and the Resources Index fell 2,7%. The JSE Top 40 index was down 1,5%. The Dow Jones Industrial Average rose 1,8% and the S&P500 1,5%, touching new highs. European markets were firmer but m... ››› more
  • [22 September 2017]
  • Commodities take a step lower - Three to buy and one to sell
  • Commodities take a step lower Brent oil led the commodity basket lower last week, losing 8,1%; Platinum and Gold were down 5,7% and 2,4% respectively. Although the Rand softened, the pressure was too much for the JSE All Share Index which fell 0,8%. Resources fell 5,5%, but the rest of the sectors held up well. International indices were slightly softer across most time zone... ››› more
  • [22 September 2017]
  • Receive dollar-based performance through structured products
  • Since my last article on the subject of structured products I have received a number of enquiries from readers asking for more information. Due to the overwhelming response I decided to do this follow-up article and go over the most frequently asked questions. First, for those who may not have read the original, here is a brief recap. I discussed a currently available structured product with ... ››› more
  • [22 September 2017]
  • "Triple Witching" stirs local market rally- Two to buy and two to sell
  • “Triple Witching” refers to the combined expiration of the Index futures, Index options and stock options. In the UK and US this happens on Friday's, but in SA it happens a day earlier on Thursday. The event typically creates increased market activity and in some cases volatility. Global markets were relatively subdued for last week's expiry, the US, UK and European majors were firmer by b... ››› more
  • [22 September 2017]
  • The one thing that will lose you money when you ‘buy to flip'
  • Buying a house, renovating and then selling it (called "buy to flip") can be one of the most rewarding investments for property investors… You buy an old home for say R1 million, spend R250,000 on renovations and then sell it for R1.6 million or more. Most investors believe the biggest secret behind a buy to flip is getting the best deal on materials for your renovation. That's the b... ››› more
  • [22 September 2017]
  • Choppy waters ahead? - Two to buy and one to sell
  • The news yesterday that several ministers have been recalled to SA has created some consternation; the Rand jolted back 3%. There is speculation of a cabinet reshuffle and/or further legal developments relating to the impasse between Treasury, Banks, and the Gupta's…... The new Mining Charter is expected to be released this week. And the market is bracing itself for new challenges. This just... ››› more
  • [22 September 2017]
  • Cabinet reshuffle announced - Two to buy and one to sell
  • Admittedly, I expected more movement in the Rand once the cabinet reshuffle was announced. We have a saying that “the Market always knows” which seems to apply in this case. When Mr. Nene was removed, the Rand fell 8,5% within the first few days and then extended those losses by another 10% a few weeks later. By comparison the Rand has loss only 7% so far, perhaps the Market knew that SA I... ››› more
  • [22 September 2017]
  • Moving swiftly along - Three to buy
  • A week of heightened protests has ended and the ANC Cadre are holding the fort, for now. Their confidence masks the growing dissension from all sides, including members of its own party, eventually pressure will come to bear. Fitch followed S&P in downgrading SA, but again the reaction was relatively muted. Clearly the market had been preparing for this eventuality. Of more concern is that som... ››› more
  • [22 September 2017]
Page: 1 2 3 4 5 6 7 »



Watch And Learn




Trending Topics