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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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JSE Direct with Simon Brown
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Now displaying: October, 2021
Oct 27, 2021

Simon Shares

  • Tesla (NYSE code: TSLA) becomes the worlds 7th trillion-dollar company.
  • Excellent Santova (JSE code: SNV) results. My bad pandemic crash sale.
  • Decent Famous Brands* (JSE code: SSW) results.
  • Implats (JsE code: IMP) wants to buy Royal Bafokeng Platinum (JSE code: RBP).
  • Sibanye-Stillwater* (JSE code: SSW) buys two Brazilian mines for US$1billion and 19.99% investment in New Century Resources for US$46million.

* I hold ungeared positions.

Upcoming events;

From the last week

Oct 25, 2021

Offshore

/ Evergrande has its suspension lifted and makes an interest payment

/ Oil remaining stubbornly high

/ Inflation fears, time for gold?

/ Paypal maybe buying Pinterest for US$45billion

/ Netflix results, still growing albeit north America very slowly

/ Facebook getting a new name as the future is the metaverse

Local

/ Local CPI 5% for September

/ Pick n Pay results

/ Excellent results from Combined Motor Holdings

/ Clicks results

/ New Satrix All Share ETF listing in November

/ Renergen launches a helium token

Oct 20, 2021

Simon Shares

 

  • Wesizwe Platinum (JSE code: WEZ) went crazy after releasing a competent person report.
  • Calgro M3 (JSE code: CGR).
  • Balwin Properties (JSE code: BWN).
  • US lists its first Bitcoin ETF, ProShares Bitcoin Strategy ETF (NYSE code: BITO). It doesn't hold actual Bitcoin, rather it uses futures to track gains. losses.
  • Everything Rally

My positions for the everything rally My positions for the everything rally.

* I hold ungeared positions.

Upcoming events;

Oct 18, 2021

Offshore

/ September, the CPI increased 5.4% after advancing 5.3% on a year-on-year basis in August.

/ China Q3 GDP at 4.9%

/ Biden announced that the Port of Los Angeles would start operating around the clock, following the Port of Long Beach's lead, to ease congestion

/ $2.7 Trillion in Crisis Savings Stay Hoarded by Wary Consumers

/ Microsoft shuts down LinkedIN in China

/ MTNs IHS Towers lists in NY, MTN stake worth R22bn

Local

/ Government cracking down on imported cement, but not with tariffs.

/ IMF bumps local GDP to 5% for 2021

/ Murray & Roberts expands in the US

/ Long4Life results and offer on the table

/ Tharisa gets their Chrome plant cold commissioned

/ Alaris & CSG both have delisting offers.

Oct 14, 2021

Simon Shares

  • Murray & Roberts* (JSE code: MUR) expands in the US.
  • The government says they'll only use locally produced cement in projects. PPC (JSE code: PPC) and Sephaku (JSE code: SEP both fly higher. But is the market right about this?
  • We're off the UK red list, good for local hotels?
  • Aveng (JSE code: AEG) have announced plans for a 1:500 share consolidation in December. This usually sees prices weakness after the consolidation.

* I hold ungeared positions.

Upcoming events;

Oct 11, 2021

Offshore

/ US jobs disappoints, but unemployment 4.8%.

/ 15% global tax rate approved.

/ Oil continues to run higher

/ Reports that Malaysia is getting back on track with chip packaging sees PGMs run hard as it could be good news for vehicle production

/ Last Tuesday was tenth commemoration of the death of Steve Jobs. A legend and the iPhone one of the best products ever?

/ All facebook properties down on Monday for 6 hours.

Local

/ EOH update shows it’ll make an operating profit

/ Invicta buys Dartcom, moving into communications and renewable energy

/ Zeder results, still waiting on value unlock

/ Sanlam Investment Holdings buying Absa investment businesses.

/ Home loans worth +R56.6 billion were granted in Q2 2021, +40% compared to the same period in 2019.

Oct 6, 2021

Simon Shares

  • Facebook (Nasdaq code: FB), Instagram and WhatsApp all down on Monday.
  • Evergrande is suspended.
  • Last week it was a fat finger Purple Group* (JSE code: PPE) taking the stock down to 125c. This week it hits 225c.
  • Murray and Robert* (JSE code; MUR) starting to move higher.
  • Brent oil is now around $82.
  • PGMs remains under pressure.
  • EOH (JSE code: EOH) makes an operational profit, but the debt pile remains.

* I hold ungeared positions.

Upcoming events;


 

Oct 4, 2021

Offshore

/ China & Europe power shortages

/ Brent oil trading around $80

/ Merck Covid-19 pill, expected to produce 1.7 million courses for the U.S. government for $1.2B

/ Tesla delivered record 241,300 vehicles in the third quarter

/ Work-from-home forever: PwC offers US employees full-time remote work

Local

/ Level 1 & SA expected to be removed UK red list, will tourists return?

/ Capitec results

/ Bidcorp results

/ PPC debt restructuring

/ Purple Group tie up with Discovery Bank

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