Sometimes the stock market behaves inexplicably.
Quality companies trade at unbelievable discounts. Or they sell at prices so high that you might flinch.
What makes this difficult to muster is the fact that these ‘discrepancies' tend to keep going on for much longer than you'd think possible.
One such share was Curro Holdings.
The company listed in July 2011 and investors could p... ››› more
Right now Capitec shares trade at R1,384.
But what if I told you that you could get hold of these shares - and benefit from their upwards movement - at a discount of 20%?
My guess is this sounds like a great opportunity?
In fact, if you could get a share like Capitec - but end up paying as much as 20% less, why would you not jump at the opportunity?
Well, I've uncovered scores of t... ››› more
The JSE Top 40 closed the week down 1,5%.
Higher commodity prices; Gold, Silver and Brent Oil were up more than 2%, while Platinum managed 1,6%. These were not enough to save the Resources Index (down 3%) from a stronger Rand. Industrials and Financials were also softer.
Anglogold up 9,3% and Harmony 9,5% responding to a firmer Gold Price (up 2,5%).
PSG rallied 6%, see comment below. ... ››› more
Curro's high was set in 2016, at R57.80.
For the first half of the year it's sat at around R48.
But, in the last six months the share is down 22.88%.
In the last month alone, it is down 16.44%.
So, does this mean that Curro is a perfect buying opportunity, or does it mean that the share is headed for even further downside?
FREE BITCOIN BOOK! Claim your FREE copy of this new boo... ››› more
Curro Holdings focuses on developing, managing and developing schools throughout South Africa. The company has a listing on the Johannesburg Stock Exchange…
Full name: Curro Holdings Limited
Short name: Curro
Sector: Retail – general retailers
Five top facts about Curro Holdings
Curro Holdings employs around 3,600 people across its operations. The company p... ››› more
Over the past week, two of the most heavily bought JSE shares by foreigners were PSG and Capitec.
This isn't a surprise as both these stocks have been on a tremendous run this year. Since around January, both companies have soared over 50% in six months.
So with the added confidence from foreign investors, this should see both stocks continue on an upward trend.
This is good news if you hold... ››› more
Speak to most South Africans about countries like Haiti, Lesotho, and Zimbabwe, and they'll tell you these are some back-water countries with hardly any form of government or viable economy.
Well the scary thing is, every one of these countries - along with 144 others - ranked ahead of South Africa when it comes to math and science education.
That's right. South Africa ranks last out of the ... ››› more
A couple of days ago an “Equity Report” was delivered to my email box.
It was written by a prominent analyst I often follow for views on stocks.
In short, the report had a BUY recommendation on Curro Holdings.
Now don't get me wrong. I think Curro is a great company and good investment idea. I also think the people managing the business are top notch. And as part of the South African ... ››› 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.