Simon Shares

• Renergen* (JSE code: REN) finally gets phase 1 helium flowing.
• ArcelorMittal (JSE code: ACL) update, everything they warned about went wrong.
• MPC Thursday (26 January) and FOMC Wednesday (1 February). Raising 0.25% each.

Stocks making money from load shedding

• Reunert (JSE code: RLO). High voltage cables and circuit breakers.
• Mustek (JSE code: MST). Green energy division.
• Famous Brands (JSE code: FBR). Lights out need food.
• Mahube Infrastructure (JSE code: MHB). Wind and solar operations paying a dividend (DY ±13.5%) and trading below NAV.
• Kibo Energy (JSE code: KBO). Are they a going concern? They issued shares to pay a £19,635.44 invoice.

This is well worth a listen, some important data points from @StefMarani that help understands the road ahead .. https://t.co/6CGNRd6QUe

— Simon Brown (@SimonPB) January 24, 2023

@simonbrown_za ArcelorMittal SA horror update as the second half was loss making #investing #share #jse ♬ original sound - SimonBrown

* I hold ungeared positions.

Simon Shares

• Top40 is all about China. Economic data from China for 2022 released this week was weak, but better than expected.

Which food retailer offers the best value?

Food inflation is still high, 12.7% YonY for December.

But likely peaked (good rains, diesel lower and reducing input costs)

Preferred food retailer?

• Always Shoprite* (JSE code: SHP). But expensive, forward PE 19.5x
• Pick n Pay (JSE code: PIK). Forward PE 20.5x and not as good as Shoprite.
• Woolies* (JSE code: WHL). Exited disaster that is Australia. Forward PE 15x and if they can also fix clothing, real winner.
• Spar (JSE code: SPP). CEO and chair exiting after bad press recently. Poland issues but forward PE 10x.

* I hold ungeared positions.

Now for the tenth year in a row, we kick off the new year with a prediction show.

Marc Ashton, Keith McLachlan and Simon Brown put their heads on the block with three wild and woolly predictions for the markets for 2023 followed by a call on the Top40 and ZAR for the year ahead.

Importantly we start each show with a review of the previous year’s predictions and you’ll find the 2022 predictions show here.

I've been buying some Zeda on the JSE.

- Here's why

- A bit about the business

- Risks

- Possible target price