2019 has arrived and we are already five months into the year!
We need to start preparing for this year's two biggest sporting events.
The Cricket World Cup & the Rugby World Cup.
In order for us to get a head start on the competition, I'll be breaking down the first of these major sporting events starting on the 30th of May.
The Cricket World Cup!
So let's get started.
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Over the past year, the Australian dollar shed 25% against the US dollar.
But just lately, the Australian dollar has started to recover some of those losses. It's started an uptrend against the greenback.
So if it worth buying?
Let's take a closer look…
The case for buying the Australian dollar
The ideal set up for a long trading opportunity is:
The asset it cheap;
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Investec Australia Property Fund invests in property in Australia. The company has a listing on the Johannesburg Stock Exchange…
Full name: Investec Australia Property Fund
Short name: IAPF
Sector: Real estate – real estate investment services
Five top facts about Investec Australia Property Fund
Investec Australia Property Fund is based in Australia, yet l... ››› more
We all love to hate the Aussies… And more often than not, it's because they're so damn good at sport.
Well today, there's another reason to hate them.
You see, it turns out the Aussies are good at more than just sport. They're great at finance too. So good in fact, they've got investors from all over the world flooding into their currency.
According to a Bloomberg study, the Aussie Doll... ››› more
Earlier today, retailer Woolworths Holdings Ltd announced a buyout deal of Australia's second largest department store. The deal, valued at $2 billion, should see Woolworths buy David Jones. South African investors don't seem too impressed with the potential deal, punishing Woolworths' share price. Let's take a closer look at what's going on…
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Earlier today, Investec released a trading update warning the market about its upcoming first half results. The bank also revealed job losses at its Australian business. The share slumped on the news. Let's take a closer look at what the trading update revealed…
Investec, SA investment bank and asset manager, revealed today that it “plans to cut 70 jobs” at its Australian business, reports... ››› more
After news that Murray & Roberts' had offered a staggering R4 billion to buy out the rest of Australian firm Clough, its share price tanked. Let's have a closer look at why the market reacted so badly to the news…
Today, South Africa’s second biggest construction firm, by market value, fell “the most in almost a year,” reports IOL. Investors are worried the firm “will overpay for an Au... ››› more
Disclaimer Note that FSP Invest, a division of Fleet Street Publications (Pty) Ltd, is a research house and not a registered broker, financial advisor or financial service provider. Our editors and customer services teams also do not give personal investment advice. The advice in this website is general advice only and may not be appropriate to your particular investment objectives, financial situation or particular needs, so before investing or if in any doubt about your personal situation, you should seek professional advice from a stockbroker or independent financial adviser authorised by the Financial Services Board.
We research our recommendations and articles thoroughly, but disclaim all liability for any inaccuracies or omissions found in this publication.
Remember: Never invest more than you can afford to spare and that the value of any investment, and the income derived from it, can go down as well as up. The past is not necessarily a guide to future performance.
Editors or contributors may have an interest in investments commented on in this newsletter. However they have signed restraints to prevent the abuse of their position as contributors to this publication.