PGMs getting crushed (#461)

Simon Shares

• Clicks (JSE code: CLS) revised trading update, previous EPS growth was 8%-13%. Now revised to 0%-3%.
• Afrocentric (JSE code: ACT). Great little stock.
• Not a bad update from Famous Brands* (JSE code: FBR)
• US inflation for August was 5.3%.
• US poverty levels went down in 2020, during the pandemic.
• AB Inbev (JSE code: ANH) just keeps on falling, why?
• PGMs getting crushed. Platinum down at US$934, palladium around US$2,000 and rhodium US$13,300. What's happening? When does it reverse?

* I hold ungeared positions.

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