Profit from the FTSE100, but you must act before 29 May!

by , 28 May 2019
Profit from the FTSE100, but you must act before 29 May!
Investec have introduced FTSE100 Auto Call, a five-year structured product providing an 18% return per annum if the index is positive. The product can mature (Auto Call) if the index is positive on the third, fourth and fifth anniversaries provide the index is positive. You could receive 54% after year 3, or 72% or 90%, after year 4 or 5 respectively. That's even if the index is up just 1% over any of those periods. This structured product is listed and provides liquidity before maturity should you need it.

 
The Investec FTSE100 Auto Call closes 29 May, R100,000 minimum investment. Contact us at invest@protrade.co.za or on our ProTrade Investor Hotline 0873516661 for more information.
 
Alternately, contact us for a full list of available capital protected investments coming to market in the next 8 weeks.
 
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Sasol sell off provides buying opportunity!
 
Sasol’s share price collapsed last week after it announced cost overruns at its Lake Charles Chemical Project. The project will cost around $1 billion more than expected but the share price has shed almost $4bn on the news.
  
At R356, our JSE stock monitor has the share significantly oversold, with a 2.3x standard deviation from recent trading levels. Although there is some disappointment, we believe the market has overreacted and expect the project team to have built in a lot more ‘fat’ so the LCCP is completed well within the latest guidance.
  
It’s likely the stock will recover, the consensus earnings forecast, for R50.20 per share for 2020 this puts the share on a forward price to earnings (PE) ratio of 7.07 times. The long-term average is 9.6 times, which means the share price would have to rise to R481.92 to equal the long-term average forward PE.
  
Look at the weekly chart of Sasol below and you will see the share doesn’t stay below the R375 level for long. Going back 8 years, the chart shows the buying zone between R375 and R340 is a good entry.
 
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This is the clear winner from Trump’s new ‘cold war’ – here’s how to make sure you benefit 
 
The American president, Donald Trump, is on the warpath. He isn’t sending tanks and fighter jets to China yet. But he is waging a ‘trade war’.
 
Simply put Trump believes the US should manufacture its own goods again – instead of importing near everything from China. To achieve this Trump is applying trade tariffs and taxes on imported goods.
 
This trade war is escalating, and many are calling it the ‘new cold war’…
 
And as we all know – war is usually not good for the economy. Even more so – protectionism and a drop in free trade is also bad for the economy.
 
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With the fundamentals signalling Sasol is offering good value, and the technical highlighting a great buying opportunity, it’s time to buy. The blue line shows the R420 level is a good level for traders to exit or bank some profits on their longs.
 
Longer term investors should look to bank some profits at the R475 level ahead of the dark blue line at R480.
 
Sasol management should release a trading statement in the next 8 weeks, with financial results for the full year 2019 and an LCC project update in the next 12 weeks.
 
Buy Sasol below R360 for a move to R480 in the medium term.
 
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Your chance to win on the ICC Cricket World Cup 2019!
 
Every day thousands of punters are looking for the perfect bet in sports betting! Most people think winning bets is down to blind luck.
 
And I get that.
 
But while there is an element of chance involved, the really, really great tipsters out there spend their time analysing hundreds - sometimes thousands - of pieces of data.
 
Then, that data is collected, collated and analysed. 
 
It's pretty much a full time job…
 
And the hard work really pays off.
 
Take this guy for example…
 
He's produced winners of up to R1,240 and even a whopping R1,870.
 
Every Friday evening he sends his readers simple, step-by-step instructions on what bets to place.
 
In short, it couldn't be easier for ordinary people like you to take advantage of this.
 
Overall, this trends expert lands a profit in around 67% of his bets.
 
 
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The week ahead:  
 
  • Local: Producer Price Index (30/05)
      
  • Results Due: APH, RLO, YYLBEE (27/05); TKG, TON (28/05); ANA, AWA, FBR, ISB, PPH, VKE, WIL (29/05); ACS, CMO, HUG, LHC, NPK, SSK, TAS, VVO (30/05); APH, AME, EEL, FGL, GAI, HUL, MLE, NUT, PSV, REN, SPA (31/05)  
     
  • LDT (27/05): AEE, AEL, CAC, EQU, IAP, LTE, MIX, OCT, RBX
 
Other Economic data releases of interest… 
 
  • Tuesday: BOJ Gov Kuroda Speaks (JP); RBNZ Financial Stability Report, RBNZ Gov Orr Speaks, ANZ Business Confidence (NZL); CB Consumer Confidence (USA)
     
  • Wednesday: German Buba President Weidmann Speaks (EU); Annual Budget Release (NZL); BOC Rate Statement, Overnight Rate (CAN); Private Capital Expenditure, Building Approval (AUS)
     
  • Thursday: Prelim GDP, FOMC Member Clarida Speaks, Treasury Currency Report (USA); Current Account, Gov Council Member Wilkins Speaks (CAN); Manufacturing PMI (CNY)
     
  • Friday: Core PCE Price Index, Personal Spending, Chicago PMI, FOMC Member Williams Speaks (USA); GDP, RMPI (CAN); German Prelim CPI (EU)
 


Profit from the FTSE100, but you must act before 29 May!
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