Just two stocks (#467)

Simon Shares

• Coronation* (JSE code: CML) grows assets, fees and dividends.
• PPC (JSE code: PPC) results look good.
• Purple Group* (JSE code: PPE) price action looking weak.
• PGMs fading again.
• Hospital group stocks; Life Healthcare JSE code: LHC) and Netcare (JSE code: NTC) both had fair results as they get better at managing the pandemic.
• Shoprite* (JSE code: SHP) launched their banking account, under pinned by Grindrod Bank (JSE code: GND) who also stand to benefit from the MTBPS last week whereby the minister said they'd allow independent traffic on the Transnet rail network by end of 2022.
• Turkish lira collapse. This is what happens when your central bank is not independent.
• Two stocks that made a real difference to my portfolio over the last two decades, Capitec* (JSE code: CPI) and Shoprite* (JSE code: SHP).

* I hold ungeared positions.

Twenty years of food retailers on the #JSE pic.twitter.com/BDKeOPU11t

— Simon Brown (@SimonPB) November 23, 2021

 

Twenty years of local banks .. only really one bank in it as the other 4 battle along the bottom as Capitec does 46% CAGR over the two decades ..#JSE pic.twitter.com/yMx0NSDYrV

— Simon Brown (@SimonPB) November 24, 2021