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 MoreIn 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 MoreSouth Africa’s five largest banking companies are worth more than R1.1 trillion!It’s safe to say this is one of the most important sectors in the country’s economy.But how do these five banking stocks compare – and what do the numbers tell investors about them today?
Read MoreSince the JSE All Share Index hit an all-time high earlier in January, the index is down around 9%. As a result, many JSE listed share prices have also fallen.
Now, as you know, when a company’s share price falls, its dividend yield rises. That means, there’s quite a lot of JSE stocks sitting on high dividend yields right now. One of these high-yielders is a 162-year-old transport guru.
South African banking stocks compared by ROE
In recent weeks there’s been a lot of debate in financial media about banking and whether they show opportunity or not.
So, let’s look at the SA banking sector as an example, and how these stocks rank by ROE, and what it can tell us about these companies…
Read MoreDiscover my favourite dividend paying penny stocks right now
Read MoreNew technology shifts aren’t successful overnight. They don’t truly go mainstream and change the world – until they become accessible to the masses. Think of the World Wide Web for instance…
Read MoreSince 30 August there have been 22 results releases from companies on the JSE.
Some good, some bad…
And some have been phenomenal.
Right now there are 4 small cap companies that reported results you really need to pay attention to!
Read MoreThese stocks are shooting for the stars thanks to $2,000 gold
Read MoreFrancois Joubert’s special situations small cap stock watchlist for 2023
Read More
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