Shoprite

  • Shoprite's mayhem! - Why I expect the share price to drop another 37%
  • For the first time in 19 years, Africa's biggest grocer (Shoprite) reported its first annual earnings decline. With the Listeria outbreak, the higher fuel prices, the increased VAT, the ongoing strikes, 489 armed robberies and the ever-weakening rand this decline was inevitable. Even Chief Executive Pieter Engelbrecht mentioned “the toughest (year) that I can recall”.   In term... ››› more
  • [03 September 2018]
  • Business Confidence will accelerate growth in South Africa
  • The RMB/BER Business confidence index for 2018 Q1, rose sharply to 45, the highest level since 2015. A level above 50 is considered positive, but it's a move in the right direction. As mentioned last week, improvements in investor, business and consumer confidence is the tail wind behind improving economic growth. There are a few obstacles that could come in the way of increasing growth li... ››› more
  • [20 March 2018]
  • "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]
  • Your Facebook Q&A for the week!
  • We've recently hit over 13,000 likes on Facebook. Thank you for all of the support and most of all, interaction. Trading Tips Facebook is the one platform we can post brand new developments as they happen on the net. Whether it be: ~ An interest rate hike decision ~ Firing of a reputable minister ~ Or even a friendly strike for the change needed in our country This Facebook page is ... ››› more
  • [22 September 2017]
  • Trump's first days in office + 3 to buy and 2 to sell
  • Last week's sentiment remained positive and markets continued their rally. President Trump's first days in office are being closely monitored and provide plenty for traders to digest. The JSE Top 40 closed the week up 0,8%, but retreated slightly on Friday along with generally softer developed markets; for the year to date the JSE is up 7,7%. Kumba rallied 27% after it provided a product... ››› more
  • [31 January 2017]
  • Shoprite's share price bears the brunt of the knock on effects of an economic slowdown
  • Yesterday, Shoprite Holdings released its operational update for the three months to the end of September. The retailer showed a much lower rate in turnover growth in comparison to the same period last year. Shares paid the price on the Johannesburg Stock Exchange yesterday. And today shares continue their slide. Let's take a closer look at what's going on… Yesterday Shoprite shares ... ››› more
  • [20 October 2015]
  • Shoprite faces scrutiny over reckless lending
  • The National Credit Regulator (NCR) has highlighted that Shoprite may be guilty of reckless lending. The regulator has now referred the matter to the National Credit Tribunal. The allegations involve activities at two of the company's units. Let's take a closer look at what's going on… Shoprite breached the National Credit Act Two units of Shoprite [JSE:SHP], Shoprite Investments ... ››› more
  • [15 October 2015]
  • About the company: Shoprite Holdings Ltd [JSE:SHP]
  • Shoprite Holdings has grown from a handful of supermarkets into a large group. It is one of the top 40 companies on the Johannesburg Stock Exchange… Full name: Shoprite Holdings Limited Short name: Shoprit Ticker: SHP Sector: Retail – food & drug retailers Five top facts about Shoprite Holdings Fact #1: Shoprite Holdings employs around 130,000 people who work across its 1,649 c... ››› more
  • [09 June 2015]
  • Shoprite's shopping spree will bank you a 227% gain!
  • It's all happening by June this year. Shoprite is planning an “aggressive new store roll out”. Basically, this retail titan is going to include 68 new stores by the middle of this year! And what's great is this. You can tell demand is soaring. As of December last year, they had 396 furniture stores under the “OK” and “House and Home” brand. And now with even more stores being added ... ››› more
  • [27 February 2015]
  • Shares in Shoprite soar over 6% on the back of a jump in turnover over the past quarter
  • Earlier today, Shoprite released its operational update for the three months to the end of September. In spite of trading conditions still remaining difficult, the grocer managed to boost turnover significantly over the period. Shares in Shoprite jumped higher on release of the update. Let's take a closer look at what Shoprite revealed and why investors are so happy with the update… ... ››› more
  • [27 October 2014]
  • Massmart shares plunge 8.6% as the retailer warns of a sharp fall in earnings
  • Yesterday, Massmart Holdings released a trading statement covering the 26 weeks to 29 June. The retailer said that earnings would be down for the period. Massmart's trading update comes after Shoprite showed earlier in the week that it was struggling to grow profits. Investors were disappointed with Massmart's news, pushing the share down. Let's take a closer look at what Massmart reveale... ››› more
  • [21 August 2014]
  • The JSE takes a knock as BHP Billiton and Shoprite fall over 5%
  • Yesterday, the Johannesburg Stock Exchange felt the strain as one of its heavyweights tumbled. BHP Billiton announced the creation of a new company along with its results. Investors were hoping for something else. Shoprite also disappointed investors as the retailer showed slow profit growth in its results. The JSE's poor performance was in spite of a global trend higher on the markets. ... ››› more
  • [20 August 2014]
  • Shares in Shoprite plunge more than 6% as the retailer fails to hit forecasts
  • Earlier today, Shoprite released its results for the full-year to the end of June. The results disappointed investors. Shoprite shares are sharply down as a result. Let's take a closer look at why investors are so disappointed with Shoprite's set of results… Shoprite failed to hit analyst forecasts by a long shot Shoprite [JSE:SHP] posted a much lower rise in profits than analysts... ››› more
  • [19 August 2014]
  • The JSE closes in the red as mining and resource counters drag it down
  • Yesterday, shares on the Johannesburg Stock Exchange closed firmly lower. This took the local bourse down to its worst level in a week. As the rand continued to firm, shares paid the price. And some bad performances also played their part. Let's take a closer look at what happened on the JSE yesterday… The JSE fell to a low not seen in a week, showing “a mixed picture,” reports BDLive. The... ››› more
  • [26 February 2014]
  • Shoprite's shares suffer as slower consumer spending hits
  • Earlier today, Shoprite released its results for the six months to the end of December. The retailer's results showed poor growth in profits over the period. Lacklustre spending by consumers hit sales. Investors didn't like what they saw either, punishing the share down. Let's take a closer look at what Shoprite's results revealed… Shoprite plans to look “for growth outside a sluggish South ... ››› more
  • [25 February 2014]
  • Shoprite bears the brunt of weaker sales
  • Earlier today, Shoprite released an operational update covering the six months to the end of December. But investors are disappointed with the retailer's lacklustre growth in sales. The share is down heavily since the update came out. Let's take a closer look at what the update revealed… Shoprite shares dropped today “after their latest sales figures disappointed investors,” reports Fin24.... ››› more
  • [17 January 2014]
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