Q: "What buy instruction do I give to the broker? This is the first time I'm taking a trade I don't want to confuse the broker or myself" - W
A: I remember the first time I wanted to buy a share on the JSE in 2003, many years ago. The problem was…
I had no clue what to do or what to say to my broker.
Well, if you're a first time trader and you're not sure what to say to your broker, the... ››› more
Between October 2015 and mid-January 2016 the JSE Resources index crashed 38%. Mining shares were out of favour more than they've ever been.
Since then, the index has recovered some of these losses, becoming one of the best performing sectors on the JSE for 2016.
In fact, since the resource index's January low, it's up 40% for the year so far!
But that doesn't mean you can just up and ... ››› more
Until Sunday 24 July 2016, economists, local and international investors were investing under a false notion that foreign investors bought South African equities to the value of nearly R100 billion.
Economists were mostly baffled by the figures being reported by the JSE. They could not understand why so many investors were buying up such a large portion of South African listed companies. Some ... ››› more
Three years ago, I walked into the FSPInvest boardroom. Seated at the freshly polished mahogany table in front of me were six specially selected investment interns. These were some of the brightest investment minds the management team at FSPInvest could find in South Africa.
They just passed a rigorous interview process that earned them the right to be an intern at the FSP Invest office. All o... ››› more
Last year was a rough year for markets. The All Share Index only managed to eke out a measly 5.22%, almost a third of its long-term average return. It was also a year in which we witnessed the spectacular fall from grace of two the JSE's former market “darlings”.
MTN which delivered 136.23% between 2010 and 2015, ended the year down -36%, after getting smashed on the news of its Nigerian ... ››› more
Since the result of the Brexit referendum came in last week, investors have watched millions disappear from the companies in their portfolios. This week, it's the South African financial stocks that took the brunt of the impact.
- Nedbank (JSE: NED) is 4% lower this week
- Standard Bank (JSE:SBK) fell 4%
- Barclays Africa (JSE: BGA) also took a 4% knock
- While FirstRand (JSE: FSR) fell ... ››› more
Investing in South Africa today is proving to be a challenge for even the best investors. We have to deal with constant attacks to our investment capital.
Scam artists, investment fees, taxes, increasing cost of living as well as political decisions both local and internationally all seem to be aligned to do one thing, eat away at the wealth we are trying so hard to build.
The current situ... ››› more
This week, the South African Rand is at its highest level in seven weeks. It's clawing back against the dollar trading at around R14.74.
I don't know about you but I certainly didn't expect the rand to gain so much ground. I must admit that I had severely negative outlook for the rand this month.
With the political unrest in Tshwane and a new wave of violent strikes in the country, I expect... ››› more
I don't think there's a thing as the “perfect” stock. Yes there are stocks that demonstrate consistent profit growth, churn out cash flow and reward shareholders on a yearly basis.
But every stock has its flaws.
Whether it's way too expensive, over-hyped, worryingly cheap or just run out of steam, investors could easily fall for buying the a stock that looks attractive but ends up bust... ››› more
The Johannesburg Stock Exchange (JSE) is a complex web of companies and investment opportunities. If you look at all the shares on the JSE right now, you see big brands and recognisable logos.
What you don't always see the billions of rands that keep these listed companies afloat. I looked around to find a list of the top 20 shares on the JSE right now... Most of the lists are outdated, making... ››› more
Even though South Africa managed to dodge the downgrade bullet last week, the risk of recession, higher interest rates and a lack of foreign funding still plagues the South African banking industry.
But larger fund managers like PSG Asset Management have recently been adding banks to their portfolios. Surely this is a mistake under the current challenging market environment.
Well, let's ta... ››› more
The JSE's performance over the last seven days has been dismal to say the least. It's down 3.22% and nobody seems to know when it's going to stop.
Every major sector on the JSE has decreased taking the shares down with it.
Financials - Down 1.53%
Resources - Decreased 1.79%
Industrials - Fell 1.12%
Gold mining - Tanked 4.12%
But despite this poor performance, there are opportunities... ››› more
Gary Booysen shares his JSE stock pick of the week: Sun International (JSE:SUI). Read on for Gary's research on the share. Gary unpacks his three big reasons why he believes Sun International is such a good buy right now - and shares his suggested buy level. You don't want to miss this article... We smell big profits up ahead!
OVERALL, the company made a revenue of R5.8 billion for the peri... ››› more
“Francois, what happened? On Monday 30 May my Bidvest shares suddenly dropped by 67%? Isn't this is a blue chip share you recommended for South African Investor members?” - JJ
If you own Bidvest shares you'd have noticed how the share lost 67% on Monday 30 May.
And I'm sure it might have been a shock. Especially because the share is seen as such a safe, consistent share…
Bidvest... ››› more
Anheuser-Busch InBev got conditional approval from the South African Competition Tribunal on Tuesday for its $100 billion acquisition of SABMIller (JSE:SAB) in South Africa.
The go-ahead didn't come without certain conditions though. The commission found that the deal raises several competition and public interest concerns and has moved to deal with these.
To ensure that South Africa doesn'... ››› more
Last night at the South African Investor member meeting, someone asked an important question. Right now, when the market is threatening to tank, this question is more important than ever.
You see, investors are afraid to lose thier investment gains. But they're also afraid to make the wrong investment moves.
You could sell your winning shares too soon and miss out on even more upside, or y... ››› more
Friday morning proved to be a good day on the JSE as it recovered from Thursday's sell-off which was triggered by news that US interest rates will increase sooner than expected. Global markets like the US and Asia are still struggling but the European markets joined the JSE in its recovery.
Considering that May is usually the worst month for the JSE, things are not looking as bad as investors... ››› more
Local furniture manufacturing may not be the most exciting sector on the JSE, but there is one furniture company bucking the trend. This company doesn't care if the South African consumer is “under pressure”. It doesn't care if South Africa's economic growth outlook is weak. In fact, shareholders were most likely celebrating in secret when they heard Pravin Gordhan was being investigated by th... ››› more
For most of the year, top traders call the market right 50% to 60% of the time.
But there's one time of year, when traders are right 85% of time.
After doing my yearly December trading analysis, it's evident.
Over the last seven years, the JSE closed December in the green six times.
Today, I'm going to share the secret to this "Christmas Rally" anomaly and show you exactly how you h... ››› more
This year we've seen the South African economy struggle in almost every aspect. There has been rise in inflation, which stands at 4.7%. Interest rates increased twice this year and now stands at 6.25%. But one company is weathering the storm and proving it can grow profits, even in this tough environment.
This year we've seen the South African economy struggle in almost every aspect. Ther... ››› more
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