ARC just crashed – here’s why you should avoid it…
ARC is selling at a discount of more than 50%. Sounds attractive right? Yet the stock just crashed 14.82% in the past month. Here’s why I say Avoid!
Read MoreFrancois Joubert - Analyst, Red Hot Penny Shares
3 Easy to understand ETFs to replace your savings account
Perhaps you’re saving up some money for a holiday.Or a deposit on a car or house…Maybe it is just some savings for your ‘rainy day’ or emergency account…Whatever it is, we all have savings accounts.Here’s the thing though – if you save correctly you could stand to DOUBLE thereturns on your savings!Let me explain… The ETFs that are better than your savings account
Read MoreOne year ago I told investors to buy Bell Equipment… What’s happened now?
One year ago, I told Red Hot Penny Shares investors to grab shares in Bell Equipment.I told investors that: “Bell Equipment released results for the year ended 30 June 2023 and the company had a smashing year!Revenue soared from R4.2 billion to R6 billion, with profit for the period jumping from R210 million to R348 million.”So what’s going on with the company – and where is it headed from here?
Read MoreWhat do the JSE’s two car retailers have to offer investors?
In 2022 South Africa’s automotive industry saw a 14% improvement in new car sales.At the same time – sales were still around 50% lower than the 2013 highs…But this recovery trend has suddenly stalled.Interest rates are taking their toll, and consumers are in distress.So – are car sales on the upward or downward trend? And what do they spellfor the two car retailers on the JSE?
Read MoreHow the Palestine Israel conflict is driving the gold price
In May this year gold shot through the $2,000 level to $2,051. But shortly after the price cratered and by 5 October it hit $1820.Since then, the gold price has jumped again.In fact, gold is at its highest point in the past three months right now. It is up 8.5% currently circling $1,997…
Read More
Sign up for
MoneyMorning FREE
daily newsletter
Get the latest trading and investing recommendations straight to your inbox!
Privacy: We never share your email address You can unsubscribe at any time