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JSE Direct with Simon Brown

Weekly podcast hosted by Simon Brown covering the JSE and listed companies.
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Now displaying: November, 2016
Nov 30, 2016

Simon Shares

  • Metrofile* (JSE code: MFL) seller in market, use it to pick up some at great price / yield.
  • Sygnia (JSE code: SYG) results see diluted HEPS at 54.16c (vs. 60.40 previous year) and dividend at 52c. I like the business but it is very expensive for a low margin operation without performance fees.
  • Moody's not so moody. Fitch full of surprises and Standard and Poor's lurking.

* I hold ungeared positions.

We Get Mail

  • Charles
    • Would you pay for a guaranteed stop loss?
  • Hermanus Trade
    • In your video "A complete CFD share trading system" you stated that the system is based on the top 40 stocks, for the liquidity behind it. I was wondering, to what point would you consider a stock to be liquid enough to trade on a 15 or 30min chart (average daily volume)?
  • Franz
    • What is the procedure for opening an offshore account?
  • Anon
    • I bought Anglogold Ashanti 300 shares at R241.03 each now the shares price dropped with more than 35%. Should I sell them or hold on?
  • Anon
    • Current situation I find myself over a total of R176 438.67 in debt.
  • Dominic
    • What I don't understand is what drives the price on that index and how does it change 24/7? What am i buying and who buys what I sell. Also what indicators drive this price, type of events.

JSE – The JSE is a registered trademark of the JSE Limited.

JSEDirect is an independent broadcast and is not endorsed or affiliated with, nor has it been authorised, or otherwise approved by JSE Limited. The views expressed in this programme are solely those of the presenter, and do not necessarily reflect the views of JSE Limited.

Nov 23, 2016

Are we Brazilian?

Are we Brazilian?
Are we Brazilian?

Simon Shares

  • Metrofile* (JSE code: MFL) 1million shares on offer at 500c. Subtle?
  • Dis-Chem (JSE code: DCP), like everybody else I did not get in the private placement and I am not looking to buy in the open market.
  • Santova* (JSE code: SNV) getting hit. I hold and continue to hold, not buying any more as I have plenty. Twelve month low is 320c on 25 November 2015, looks like we could get back to that level soon enough.
  • Woolies* (JSE code: WHL) saw massive volume on Tuesday, R1.3billion which is 2x - 3x normal value traded.
  • Tongaat* (JSE code: TON) up at R130, nice but I hadn't finished buy below R120. Not buying up at R130 at the moment, albeit target is likely R150-R180 over next 6-12 months. Let's see if we get some weakness.
  • I been digging into Stor-Age Property (JSE code: SSS) as a possible investment. Thus far not excited by what I see.

* I hold ungeared positions.

  • Up coming events;
    • Trading Master Class: Tuesday 6th at 6.00pm - Lazy trading indices and FX.
    • JSE Power Hour: Thursday 8th at 5.30pm - Position your portfolio for 2017

Are we the next Brazil?

Since their first junk downgrade in September 2015 the Brasil Sao Paulo Stock Exchange Index (IBOV) is up some 50% while the Brazilian Real has strengthened about 20% against the USD. Could we follow the same after a downgrade to junk?


JSE – The JSE is a registered trademark of the JSE Limited.

JSEDirect is an independent broadcast and is not endorsed or affiliated with, nor has it been authorised, or otherwise approved by JSE Limited. The views expressed in this programme are solely those of the presenter, and do not necessarily reflect the views of JSE Limited.

Nov 9, 2016

Trump wins, now what?

Trump wins, now what?
(Image from Business Insider)

Simon Shares

Now what?

Brexit, Trump. What's next?

Trump wins, pollsters and social media are amazed. But is it our fault? I tweeted

<script>

We believe our own BS. I said way back in February that Trump could win, I wasn't predicting anything but rather understanding that our ability to see into the future is zero and as always we need resilient portfolios that withstand the surprises. If your portfolio is all gold because of the end of the world you're having a good day but a really bad decade. iI your portfolio is all US stocks because SA is toast you have a good run post the crisis, but now? We need a broad, robust thoughtful portfolio that can withstand downgrades, Brexits and Trump victories.

Uncertainty is the only certainty. Recession in the US within a year? No idea. USD weaker, who really knows? Republicans are good for stock markets say the pundits, what of Clinton 1994-2001 and Obama 2008-present? Don't fall into the stereo types.
Bottom line. Don't panic. Predictions about the immediate future are like predicting election results.

Are we seeing a swing globally to the right, what you think politically about that doesn't matter, what matters is how this impacts the global economy and it will be about barriers. Barriers to free trade, barriers to immigration, barriers to the flow of money, ideas and ultimately capitalism. No capitalism is not dead but we may need to rethink our broad investment ideas. There's no rush, if this is a swing to the right it's playing out over the next couple of decades.


JSE – The JSE is a registered trademark of the JSE Limited.

JSEDirect is an independent broadcast and is not endorsed or affiliated with, nor has it been authorised, or otherwise approved by JSE Limited. The views expressed in this programme are solely those of the presenter, and do not necessarily reflect the views of JSE Limited.

Nov 2, 2016

I hate my life, teach me to trade

I hate my life, teach me to tarde
I hate my life, teach me to tarde

Simon Shares

  • Dis-Chem, I will likely apply and stag them on listing.
  • Whitey Basson quitting as Shoprite (JSE code: SHP) CEO at end of year.
  • Buying Tongaat (JSE code: TON).
  • Finance minister Gordhan charges dropped, good for junk threat?
  • Trading Master Class - Trend lines video is online.
  • Up coming events;
    • JSE Power Hour: Thursday 3rd at 5.30pm - offshore investing. The how.
    • JSE Power Hour: Thursday 10th at 5.30pm - TraderPetri on becoming a better trader

We Get Mail

  • All
    • I have xxx of debt. I hate my job. I hate my life. Please teach me how to trade?
  • All
    • How many years experience one must acquire to be profitable in trading?

JSE – The JSE is a registered trademark of the JSE Limited.

JSEDirect is an independent broadcast and is not endorsed or affiliated with, nor has it been authorised, or otherwise approved by JSE Limited. The views expressed in this programme are solely those of the presenter, and do not necessarily reflect the views of JSE Limited.

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