HomeHome SearchSearch MenuMenu Our productsOur products

Update

  • Profit taking sees the JSE dip while global markets rally
  • The JSE was one of the few markets that ended last week lower. The Rand strengthened on the back of China being more passive in the “Trade War”. Commodity prices also pulled back last week causing the resources sector to impact the market performance. We've given up all the recent gains and are back in buying territory. SA equities are cheap when you compare the median P/E ratio of the All... ››› more
  • [18 July 2018]
  • Politicians Playing Chicken with Ratings Agencies - Two to buy and One to Sell
  • The Rand continued its slide last week as news emerged that Nationalising the Reserve Bank was discussed at the ANC conference. Investors are not amused by the uncertainty the ruling party are creating, which is a recipe for further downgrades. And as mentioned in prior weeks, if our local currency and debt are downgraded we could see sustained Rand weakness. Bond yields would also spike as in... ››› more
  • [21 September 2017]
  • Momentum improves as the JSE rises 3.6% - One to buy and One to Sell
  • Before we jump into what the market did and what you should look out for this week, I would like to mention a few interesting retirement articles you should consider reading. This week's Business Times had some excellent articles by Laura du Preez on Retirement Planning, take note of the following:   New disclosure of RA costs is highlighting rampant abuse in this area How a ... ››› more
  • [21 September 2017]
  • The Rand's rally stalls as investors eye 2nd quarter GDP figures - TWO to buy
  • The major news is today's GDP growth figure for the 2nd quarter. The print should come out at 2.6% and signal a short-lived recession. The Rand's strength was given a boost after poor jobs numbers out from the US on Friday, but has started consolidating around R12.95. We believe clients should use the current strength to allocate an appropriate portion of assets to offshore markets. - Contact ... ››› more
  • [21 September 2017]
  • Market Movers and Shakers - 3 to buy and 2 to sell
  • 3 to Buy We're expecting positive results to boost this retailers share price Yes, we have mentioned Steinhoff before, the stock has fallen significantly since June. They will release financial results later this week. We expect more clarity on the impact of Brexit and the acquisitions. Positive results will give the current price a lift, Buy Below R64,00. A rare opportunity to ... ››› more
  • [07 December 2016]
  • Five market movements - 3 to buy and 2 to sell
  • JSE All Share marginally positive, up 0,7% After several volatile weeks, due to policy uncertainty, some calm appears to have returned to the markets. The JSE All Share Index was up 0,7% last week. Resources were down 3%, while Industrial's up 1,8% and Financials' up 2,5% lifted the markets overall. Brent Crude up 5% Russia indicated it would support a cut in output if adopted by Opec. Ma... ››› more
  • [23 November 2016]
  • Shares in Truworths soar as the retailer reports surging growth in sales
  • Yesterday, Truworths released its business update covering the 18 weeks to 1 November. The company showed a sharp rise in sales over the period compared with the same period last year. Truworths appears to be excelling despite a tough economic climate. Let's take a closer look at what the company revealed… Truworths shares gained 11%   Yesterday, shares in Truworths soared a... ››› more
  • [06 November 2015]
  • Shoprite's share price bears the brunt of the knock on effects of an economic slowdown
  • 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
  • [20 October 2015]
  • Shares in Datatec plummet as a weak rand hits earnings
  • This morning, Datatec released a trading statement regarding the release of its interim results, which are due out on 21 October. The company warned that its earnings for the six months to the end of August will be 25% less than for the same period last year. Datatec's shares plunged on the news. Let's take a closer look at what's causing Datatec's earnings to come under so much pressure... ››› more
  • [30 September 2015]
  • Vodacom posts a drop in revenue as lower tariffs and competition weigh
  • Earlier today, Vodacom Group released its quarterly update to the end of December. The telecoms operator is feeling the pressure of reduced mobile termination rates (MTRs) and increased competition from its rivals. This dented revenue for the quarter. Let's take a closer look at what Vodacom revealed… Vodacom says revenue fell 1.1% over the three-months to the end of 2014 Vodacom ... ››› more
  • [04 February 2015]
  • Shares in Lewis Group rally over 5%, leading South African retailers higher again
  • Earlier today, Lewis Group released a trading update for the nine-months to the end of December. The furniture retailer posted growth in revenue over the period, with strong sales over Christmas. Lewis' performance comes as South African retailers continue to rise in value. This is on the back of consuming benefitting from cuts to the petrol price, increasing disposable income. Let's take a ... ››› more
  • [27 January 2015]
  • Amplats warns of a drop in earnings of up to 55% after lengthy strike action
  • Earlier today, Anglo American Platinum (Amplats) released a trading update for the full-year to the end of December. The platinum producer warned of a sharp tumble in earnings over the period. This follows a five-month strike that hit its operations last year. Let's take a closer look at what Amplats revealed… Amplats says earnings are to fall between 40% and 55% Amplats [JSE:AMS]... ››› more
  • [23 January 2015]
  • Shares in Woolworths rise as the retailer boosts sales a whopping 55%
  • This morning, Woolworths Holdings released its trading update for the six-months to the end of December. The retailer reported a large jump in sales growth for the period. This is mostly thanks to its acquisition of David Jones, an Australian department store, in August last year. Shares rose on the news. Let's take a closer look at what the update revealed… Woolworths’ buyout o... ››› more
  • [15 January 2015]
  • Shares in Massmart rally as the retailer reports a solid rise in sales for the year
  • Earlier today, Massmart released its sales update for the 52-weeks to the end of December. The retailer reported a rise in sales of more than 10%. The news sent its shares higher after their fall this morning. Let's take a closer look at what the update revealed… Massmart grew sales 10.4% for the year to December Massmart [JSE:MSM] said that sales for the full-year rose “more th... ››› more
  • [14 January 2015]
  • Shares in Amplats tumble over 7% on the back of a warning over earnings
  • Earlier today, Anglo American Platinum (Amplats) released a trading statement covering its full-year to the end of December this year. In the statement, Amplats revealed the company expects earnings for the full-year to drop significantly. This is mostly in part to a five-month strike that hit the platinum producer this year. Let's take a closer look at what Amplats said… Amplats say... ››› more
  • [01 December 2014]
  • Shares in Truworths plummet over 7.6% as sales slow
  • Earlier today, Truworths International Ltd released a business update. The retailer revealed a drop in sales growth. This sent its share price into a tailspin. Let's take a closer look at what Truworths revealed… Truworths showed a drop in sales growth In the update, which covered the 18-weeks until 2 November, Truworths [JSE:TRU] said “sales increased 4.7% to R3.7 billion,” r... ››› more
  • [06 November 2014]
  • AngloGold shares rally as the company announces its plan to cut $1 billion in debt
  • Earlier today, AngloGold Ashanti released its quarterly update for the three months to the end of September. The gold producer posted a profit for the period, after significant losses in the previous three months. AngloGold also detailed its plan to cut $1 billion off its debt bill. Let's take a closer look at what AngloGold revealed… AngloGold swung into profit over the period ... ››› more
  • [03 November 2014]
  • Shares in Shoprite soar over 6% on the back of a jump in turnover over the past quarter
  • 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
  • [27 October 2014]
  • Shares in MTN fall nearly 4% as it battles to grow subscribers in a tough market
  • Earlier today, MTN released its quarterly update to the end of September. The mobile phone operator revealed that it's struggling to grow subscriber numbers as it comes under pressure from competition and tougher regulations. The market didn't appear too impressed with the update, punishing the share down. Let's take a closer look at what MTN revealed… MTN edged subscriber numbers... ››› more
  • [23 October 2014]
  • The rand is feeling the pressure against the dollar, but benefits from a weaker pound
  • Today, the rand is trading weaker against the dollar. Data out of China earlier today showed that exports ebbed last month. There's also worries over the content of the Reserve Bank's quarterly bulletin due out tomorrow. But the pound is trading markedly weaker against the rand today as the UK braces itself for the outcome of next week's Scottish independence referendum. Let's take a clo... ››› more
  • [08 September 2014]
Page: 1 2 3 4 »


Trending Topics