Last week I wrote about never letting a good crisis go to waste. It's one of the most difficult things for investors to do while you're in the thick of it. You don't want to deploy capital when things look like they are going to get worse, much worse. But that is the precise time to “slowly drip” capital into the market. It's an investors primary focus to look past the noise to see opportunity... ››› more
Between March 2009 and March 2018 investors in Shoprite made a 524.75% total return on their shares in the company - that's roughly double the 260% the JSE Top 40 index produced in the same time.
But in the past twelve months Shoprite lost 32.65% of its market value. And from its March 2018 high it is down 41.21%.
Shoprite’s meteoric rise and fall
... ››› more
For the first time in 19 years, Africa's biggest grocer (Shoprite) reported its first annual earnings decline.
With the Listeria outbreak, the higher fuel prices, the increased VAT, the ongoing strikes, 489 armed robberies and the ever-weakening rand this decline was inevitable.
Even Chief Executive Pieter Engelbrecht mentioned “the toughest (year) that I can recall”.
In term... ››› more
Would you believe there's just one company on the JSE Top 40 that every time it hits this particular trend line, the share price goes up every time?
I discovered this only just recently.
In fact, I tracked this share price all the way back to 2016 and found that this phenomenon occurred almost every time!
Any day now, I expect it’s going to hit thi... ››› more
The RMB/BER Business confidence index for 2018 Q1, rose sharply to 45, the highest level since 2015. A level above 50 is considered positive, but it's a move in the right direction.
As mentioned last week, improvements in investor, business and consumer confidence is the tail wind behind improving economic growth.
There are a few obstacles that could come in the way of increasing growth li... ››› more
“Triple Witching” refers to the combined expiration of the Index futures, Index options and stock options. In the UK and US this happens on Friday's, but in SA it happens a day earlier on Thursday. The event typically creates increased market activity and in some cases volatility.
Global markets were relatively subdued for last week's expiry, the US, UK and European majors were firmer by b... ››› more
We've recently hit over 13,000 likes on Facebook.
Thank you for all of the support and most of all, interaction.
Trading Tips Facebook is the one platform we can post brand new developments as they happen on the net.
Whether it be:
~ An interest rate hike decision
~ Firing of a reputable minister
~ Or even a friendly strike for the change needed in our country
This Facebook page is ... ››› more
Last week's sentiment remained positive and markets continued their rally. President Trump's first days in office are being closely monitored and provide plenty for traders to digest.
The JSE Top 40 closed the week up 0,8%, but retreated slightly on Friday along with generally softer developed markets; for the year to date the JSE is up 7,7%.
Kumba rallied 27% after it provided a product... ››› more
Yesterday, Shoprite Holdings released its operational update for the three months to the end of September. The retailer showed a much lower rate in turnover growth in comparison to the same period last year.
Shares paid the price on the Johannesburg Stock Exchange yesterday. And today shares continue their slide.
Let's take a closer look at what's going on…
Yesterday Shoprite shares ... ››› more
The National Credit Regulator (NCR) has highlighted that Shoprite may be guilty of reckless lending. The regulator has now referred the matter to the National Credit Tribunal.
The allegations involve activities at two of the company's units.
Let's take a closer look at what's going on…
Shoprite breached the National Credit Act
Two units of Shoprite [JSE:SHP], Shoprite Investments ... ››› more
Surprisingly enough, despite all the ecconomic and political unrest, deepest Africa could be the SAFEST and MOST PROFITABLE place in the world for your money. Investment expert Francois Joubert explains...
Since 1970 there have been around 147 revolutions around the world. 42 of these revolutions have taken place in Africa. Since 2010 alone there have been civil wars and coup d'état'... ››› more
Shoprite Holdings has grown from a handful of supermarkets into a large group. It is one of the top 40 companies on the Johannesburg Stock Exchange…
Full name: Shoprite Holdings Limited
Short name: Shoprit
Sector: Retail – food & drug retailers
Five top facts about Shoprite Holdings
Shoprite Holdings employs around 130,000 people who work across its 1,649 c... ››› more
It's all happening by June this year. Shoprite is planning an “aggressive new store roll out”. Basically, this retail titan is going to include 68 new stores by the middle of this year!
And what's great is this. You can tell demand is soaring. As of December last year, they had 396 furniture stores under the “OK” and “House and Home” brand. And now with even more stores being added ... ››› more
Earlier today, Shoprite released its operational update for the three months to the end of September.
In spite of trading conditions still remaining difficult, the grocer managed to boost turnover significantly over the period.
Shares in Shoprite jumped higher on release of the update.
Let's take a closer look at what Shoprite revealed and why investors are so happy with the update…
... ››› more
Yesterday, retailer Truworths released its results for the 12-months to the end of June.
Unlike other retailers this week, Truworths didn't disappoint investors as it hit analyst forecasts.
Shares in the retailer surged on the news.
Let's take a closer look at what Truworths revealed…
Truworths grew sales 7%
Despite cash-strapped consumers, Truworths International [JSE:TRU] “m... ››› more
Yesterday, Massmart Holdings released a trading statement covering the 26 weeks to 29 June. The retailer said that earnings would be down for the period.
Massmart's trading update comes after Shoprite showed earlier in the week that it was struggling to grow profits.
Investors were disappointed with Massmart's news, pushing the share down.
Let's take a closer look at what Massmart reveale... ››› more
Yesterday, the Johannesburg Stock Exchange felt the strain as one of its heavyweights tumbled.
BHP Billiton announced the creation of a new company along with its results. Investors were hoping for something else.
Shoprite also disappointed investors as the retailer showed slow profit growth in its results.
The JSE's poor performance was in spite of a global trend higher on the markets.
... ››› more
Earlier today, Shoprite released its results for the full-year to the end of June. The results disappointed investors.
Shoprite shares are sharply down as a result.
Let's take a closer look at why investors are so disappointed with Shoprite's set of results…
Shoprite failed to hit analyst forecasts by a long shot
Shoprite [JSE:SHP] posted a much lower rise in profits than analysts... ››› more
Yesterday, shares on the Johannesburg Stock Exchange closed firmly lower. This took the local bourse down to its worst level in a week. As the rand continued to firm, shares paid the price. And some bad performances also played their part. Let's take a closer look at what happened on the JSE yesterday…
The JSE fell to a low not seen in a week, showing “a mixed picture,” reports BDLive. The... ››› more
Earlier today, Shoprite released its results for the six months to the end of December. The retailer's results showed poor growth in profits over the period. Lacklustre spending by consumers hit sales. Investors didn't like what they saw either, punishing the share down. Let's take a closer look at what Shoprite's results revealed…
Shoprite plans to look “for growth outside a sluggish South ... ››› more
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