Info

JSE Direct with Simon Brown

Weekly podcast hosted by Simon Brown covering the JSE and listed companies.
RSS Feed Subscribe in Apple Podcasts
JSE Direct with Simon Brown
2021
October
September
August
July
June
May
April
March
February
January


2020
December
November
October
September
August
July
June
May
April
March
February
January


2019
December
November
October
September
August
July
June
May
April
March
February
January


2018
December
November
October
September
August
July
June
May
April
March
February
January


2017
December
November
October
September
August
July
June
May
April
March
February
January


2016
December
November
October
September
August
July
June
May
April
March
February
January


2015
December
November
October
September
August
July
June
May
April
March
February
January


All Episodes
Archives
Now displaying: September, 2021
Sep 29, 2021

Simon Shares

  • FOMC and MPC both keep rates unchanged, No surprise.
  • Evergrande is not a threat to the global financial system.
  • Fat finger on Purple Group* (JSE code: PPE).
  •  Purple Group fat finger 

* I hold ungeared positions.

Upcoming events;

Sep 27, 2021

Offshore

/ FOMC leaves rates unchanged and no tapering just yet.

/ Evergrande a worry but not a global threat

/ China bans crypto, again.

/ Britain has a shortage of lorry drivers, and so a petrol shortage.

/ Nike cut its 2022 revenue outlook because of the temporary bottlenecks plaguing supply chains.


Local

/ MPC no change

/ Telkom to spin out towers (Swiftnet) worth about R13billion. Openserve will happen afterwards.

/ PGM prices remain under pressure as vehicle production the world over in under pressure due to chip shortages.

/ Spur results

/ Exxaro has announced the development of a 70 MW solar project as part of the groups “overall renewable energy strategy”.

/ Grindrod sells remaining stake in Grindrod Shipping for R370million

Sep 15, 2021

Simon Shares

  • Clicks (JSE code: CLS) revised trading update, previous EPS growth was 8%-13%. Now revised to 0%-3%.
  • Afrocentric (JSE code: ACT). Great little stock.
  • Not a bad update from Famous Brands* (JSE code: FBR)
  • US inflation for August was 5.3%.
  • US poverty levels went down in 2020, during the pandemic.
  • AB Inbev (JSE code: ANH) just keeps on falling, why?
  • PGMs getting crushed. Platinum down at US$934, palladium around US$2,000 and rhodium US$13,300. What's happening? When does it reverse?

* I hold ungeared positions.

  •  
Sep 13, 2021

Offshore

/ PayPal announced plans to buy Japanese "Buy Now, Pay Later" BNPL company Paidy Inc. for $2.7B

/ US judge rule against Apple and in Epic Games favour in antitrust lawsuit; judge says Apple's conduct in enforcing anti-steering restrictions is anticompetitive

/ China Evergrande Group default risk ($300bn)

/ U.S. Senate Democrats float stock buyback tax as part of $3.5 trillion bill

/ The World’s Shippers Are Earning The Most Money Since 2008

Local

/ Local Q2 GDP, we’re 1.4% below pre-pandemic levels

/ SARB governor Lesetja Kganyago suggests we work towards a 3% inflation target, with a 2-4% tolerance range

/ FSCA fines Viceroy R50m

/ Result; Shoprite

/ Results; Momentum

/ Results; Bidvest

Sep 8, 2021

Simon Shares

  • Shoprite* (JSE code: SHP) results. Christo Wiese gets R342m in dividends. 21million consumers using their Xtra Savings and 1.5million downloads of the Sixty60 app.
  • The market did not much like the Murray & Roberts* (JSE code: MUR) results.
  • Old Mutual updates 2021 GDP forecast to 5.5%. This is after Stats SA released GDP for Q2 QonQ at 1.2% (YonY 19.3%) and better than expected. The economy remains 1.4% below pre-covid levels.
  • FSCA fines Viceroy R50million. They won't pay.
  • SARB governor Kganyago Lesetja suggests we work towards a 3% inflation target, with a 2-4% tolerance range.
  • New infrastructure ETF from Satrix.

* I hold ungeared positions.

Upcoming events;

Sep 6, 2021

Offshore

/ US jobs data slows. Likely means tapering not just yet even as ECB starts talking tapering.

/ New China restriction, kids gaming limited to one hour a day on Friday, weekend days and public holidays

/ Pfizer has recognized over $10 billion in profits from the COVID-19 vaccine alone, making it the best drug introduction in history.

/ After hurricane Ida oil recovery begins with ports and refineries restarting but most production in the Gulf of Mexico is still shut.

/ Chip shortage holds back German car sales in August

Local

/ SA trade surplus at R37bn July vs R55bn June. YTD R290bn.

/ Mediclinic plans to go green in R2.2bn renewable energy deal

/ Results; Murray & Roberts

/ Results; Discovery

/ Results; Implats

/ Results; Aspen

Sep 1, 2021

Simon Shares

  • Jackson Hole
  • Bonang Mohale and his Serialong trust converts a Purple Group* (JSE code: PPE) loan into 11.46% shares in the group
  • ADvTECH* (JSE code: ADH)
  • Stadio (JSE code: SDO)
  • Cashbuild (JSE code: CSB)
  • Sun International (JSE code: SUI)
  • MAS Real Estate (JSE code: MSP)
  • Motus (JSE code: MTH)
  • Woolies* (JSE code: WHL)

 

* I hold ungeared positions.

Upcoming events;

1