Simon Shares
- Moody's did not downgrade us, but they did put us on review for a downgrade that will put us one notch above junk status. Then we'll have all three rating agencies on the same level with Standard & Poor heading the pack as we're on a negative outlook with them.
- Local bank results looking good with impairments improving (expect for Barclays Africa). On the surface they look cheap, but not if earnings weaken going forward, and earnings will weaken.
- Now Old Mutual (JSE code: OML) may split itself up and return back to South Africa. But will (can) it sell Nedbank (JSE code: NED)?
We Get Mail
- AntonK (via Twitter)
- Simon, why would you call it (AB Inbev, JSE code ANB) ex growth as the two brewers together have roughly 30% global market share?.
- CraigNotAlan (via Twitter)
- Investing lump sum in ETFs in these markets, local & int - immediate or phased over time (& period)?
- Arin
- The issue I have is that I don't have any pure property ETFs or unit trusts (except for the odd property companies within my ETFs/unit trusts). I am aware that the ProptraxTen is more of a income yielding portfolio which may be good for the TFSA, where as BBET40 may be more of a growth portfolio if I'm not mistaken.
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