On 15 November 2021 Grindrod Ltd (JSE:GND) made an important announcement.
The company said it is entering into a joint venture with Maersk - the world's largest container shipping line and vessel operator since 1996.
This hasn't been frontpage news, and its not receiving a lot of attention. But as I will explain to you in a moment - this is huge news for Grindrod shareholders.
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I'm sure you've heard, with a great deal of fanfare from the COP26 conference, that the US, UK, Germany, France and the EU have secured a deal to provide South Africa with R130 billion in climate finance to build more renewable energy - and replace aging Eskom plants.
A recent Moneyweb article - interviewing RMB CEO James Formby - indicates this could branch out to become a R500 billion inject... ››› more
This month is a major one for South Africa…
On 1 November we had the local municipal vote where we saw negative sentiment for both the rand and bonds.
In fact, not only did the the rand fall over 1.1% versus the dollar, the nation's local-currency debt also dropped 1.2% in dollar terms.
This weaker rand helped boost resources share prices, as our resources are exported in US dollars.... ››› more
With interest rates at the lowest they've been for most of South Africa's history there's not a lot of profit to be made from interest investments…
But there's a lot of potential on the JSE right now.
In fact, right now there are 51 shares on the JSE with dividends above a 5% dividend yield.
That means you're getting around DOUBLE what you would in an interest investment right now, a... ››› more
In the past two years I've seen many JSE listed small cap companies become acquisition targets, and eventually get delisted from the JSE…
Think of Rolfes Holdings, Pioneer Foods, DAWN, Torre Industries, Indequity and more…
As we speak Value Group and Adapt IT are in the crosshairs of larger suitors looking to buy out, and delist the companies.
Even Distell is an acquisition target ... ››› more
The JSE ALSI is at it again!
As of last week, it broke through its side-ways range since January and hit an all-time high.
There were three main reasons for this.
First, over the last month, we've seen South Africa's COVID-19 cases drop from 14,000 to 1,200 average cases per day.
So President Cyril Ramaphosa, gave us the greatest economic giftand dropped the restrictions from Level 3... ››› more
The JSE All Share Index (ALSI) has started 2021 on a strong note.
It climbed to the highest levels, we've seen in almost three years
And what's strange is, it happened during the 2nd COVID-19 Wave.
However, it was not local stocks that led to this JSE rally.
So, what was it?
In this article I'm going to share three main factors why the JSE is rallying and why I expect i... ››› more
One tradition I like to keep to when it comes to trading the markets, is buying the Santa Claus rally in South Africa.
Each year, I write to you about it and it most times, ends up being extremely profitable.
But this year, I thought it was going to be different.
I started to feel doubt and pessimism with the whole COVID-19 pandemic destroying the economies one by one.
And this yea... ››› more
Since Joe Biden won the US presidential elections, there's been good news flooding both local and global markets.
Look at the JSE…
In the last month alone, it's rallied over 11% erasing the 2020 losses for the year…
We have an excellent chance of finishing off positive in 2020, despite all we've been through!
And that's just the JSE…
We also saw France up 21%, Italy up o... ››› more
“Buy when there's blood on the streets!”
“Be fearful when others are greedy, and greedy when others are fearful.”
As we've been faced with the current crisis, I'm sure you've heard many commentator's say now is the time to buy into shares. Shares are at decade long lows, and the cheapest they've been in a generation…
During the week I read a letter that a client sent his brok... ››› more
Emerging markets and the JSE should continue to grind higher on the back of renewed optimism over stimulus packages from the US.
President Trump has less than 3 months to “ensure” a win. He is pumping further stimulus into the US economy. On Saturday he signed a few executive orders, one of them to defer payroll tax deductions, hinting that they will be scrapped anyway.
The recorded am... ››› more
Last week I mentioned that the worst was finally over for America and that I expected the Dow Jones to hit new all-time highs.
This was based on three things…
• The boost in confidence as the economy was starting to re-open.
• Two bio-tech companies announced the progress of future vaccines for the coronavirus.
• The federal reserve to inject $600 billion for SME (Small-Medium En... ››› more
In the last few weeks, we've finally seen good news come out for South Africa.
I don't want to go into too much detail, but I'll highlight a few of the main points including:
• More businesses and economic activity has started to resume since moving from Level-5 of the lockdown down to Level-4.
• The government has told South Africa that there will be no more load-shedding from Es... ››› more
March 2020, will be known as one of the most brutal months that the JSE and the equity markets have ever seen.
On 12 March, the index fell 9.51% and a further 11.98% on 16 March - two of the biggest daily drops since the 2008 Financial Crash.
CEO - JSE, Leila Fourie, said in an interview about the value drop and trade volumes:
“Over the past few weeks on average we've been processing... ››› more
As the global fall out of the coronavirus accelerates, there is a big push to for social distancing that has schools and businesses closing doors.
Most are moving onto digital platforms to ensure they aren't left behind. And there are many platforms out there that can facilitate learning and businesses.
The stock market is undergoing a “Great Reset” as the JSE falls to levels last see... ››› more
Since 2018 I've been telling investors that this company is in trouble.
When I wrote about it in 2019, calling it Steinhoff 2.0, the share price was 862c. This week it was 59% lower at 352c.
But instead of fixing its problems this company has kicked up its ‘dodgy' dealings by a BIG notch…
Let's have a look.
Three Penny Super... ››› more
Mark Twain wasn't wrong when he said:
“History doesn't repeat itself, but it often rhymes.”
The more things change, the more they stay the same - this is true when it comes to the fear, greed and herd mentality in the markets... If you've been investing long enough you will see the same patterns on repeat.
Just think back to the 2007/2008 financial crisis…
I remember buying ... ››› more
So, you want to invest in JSE-listed penny stocks….
But you don't know where to start?
There are hundreds of stocks out there, and so little freely available information.
Today I'm going to run you through four crucial questions you should ask yourself before making any penny stock investment.
Think of it as the first cut - the criteria with which you can start looking at the pen... ››› more
There are 322 shares on the JSE with market capitalisations of lower than R5 billion. These shares (bar a few ETFs and Preference shares) we can call ‘small caps'.
These are the smaller shares on the JSE that don't fit into the Top 40, or the Mid Cap indices.
We can further segment these shares - looking only at PENNY SHARES. These are small caps with share prices below R10. Of these sha... ››› more
It's that time of year again…
Just like children eagerly wait in anticipation for Santa to deliver presents to them, so do investors.
Investors are waiting for the arrival of stock market profits during Christmas time as well.
This is all because of the Santa Claus rally which is, right now, flooding the mainstream media.
Go to Google, Bloomberg, Business Times and you'll see big ... ››› more
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