Living small, an update
Back in 2017 Simon and his wife down scaled into a small (relative) apartment and also got rid of one of their cars again. As they now move again Simon updates in their experience of living small.
Renergen* (JSE code: REN), now what?
Late September the price started breaking down and end September a Tweeter started posting about them.
I'm not going to defend every point raised, that's the job of the company and after an initial poor response, Monday saw a more detailed SENS.
Ultimately all research is paid for. Sometimes it is paid for by the company and here the issue is disclosure.
I think the bigger issue is a complete lack of disclosure in our industry. By FinTwit or the fancy analysts, albeit assume the latter is always talking their book, which is fair.
I hold and continue to hold Renergen*. It was never going to be smooth sailing and the risks are real. Yes they have the gas and helium in the ground, phase one is half working but phase two is large, complex and expensive with real risks.
There are bold traders. here are old traders. There are no bold and old traders.Bold traders
What is a bold trader and why do they die out?
Famous Brands (JSE code: FBR) trading update, Spur (JSE code: SUR) really has taken the mantel of best QSR/restaurant business on the JSE.
Very strong US jobs and upward revisions from previous month. But wage inflation only 0.2%. So market was confused but ended happy. Tuesday also saw US 10-year yields moving lower which excited everybody. But I am sceptical, this is only one data point and I think the FOMC hikes at their 31 Oct/01 Nov FOMC meeting.
Water crisis. This is going to hurt and it not going away any tine soon. Which businesses get hurt most?