Simon Shares
- Tesla (NYSE code: TSLA) becomes the worlds 7th trillion-dollar company.
- Excellent Santova (JSE code: SNV) results. My bad pandemic crash sale.
- Decent Famous Brands* (JSE code: SSW) results.
- Implats (JsE code: IMP) wants to buy Royal Bafokeng Platinum (JSE code: RBP).
- Sibanye-Stillwater* (JSE code: SSW) buys two Brazilian mines for US$1billion and 19.99% investment in New Century Resources for US$46million.
Upcoming events;
- 04 November ~ JSE Power Hour: Bold predictions from SA's top broker
- 11 November ~ Investment Valuation with Keith McLachlan
From the last week
Offshore
/ Evergrande has its suspension lifted and makes an interest payment
/ Oil remaining stubbornly high
/ Inflation fears, time for gold?
/ Paypal maybe buying Pinterest for US$45billion
/ Netflix results, still growing albeit north America very slowly
/ Facebook getting a new name as the future is the metaverse
Local
/ Local CPI 5% for September
/ Pick n Pay results
/ Excellent results from Combined Motor Holdings
/ Clicks results
/ New Satrix All Share ETF listing in November
/ Renergen launches a helium token
Simon Shares
South Africa inflation rose to 5% in September. Food inflation is 7%, electricity 14%, and fuel almost 20%, with a large petrol price increase expected in November. These increases are partially offset by clothing inflation at 1.6%, appliances -0.4%, and housing rentals around 1%
— kevin lings (@lingskevin) October 20, 2021
- Wesizwe Platinum (JSE code: WEZ) went crazy after releasing a competent person report.
- Calgro M3 (JSE code: CGR).
- Balwin Properties (JSE code: BWN).
- US lists its first Bitcoin ETF, ProShares Bitcoin Strategy ETF (NYSE code: BITO). It doesn't hold actual Bitcoin, rather it uses futures to track gains. losses.
- Everything Rally
My positions for the everything rally.
Upcoming events;
- 21 October ~ JSE Power Hour: Small cap investing with Anthony Clark
- 27 October ~ FX and Commodity prices and their effects on investments
- 04 November ~ JSE Power Hour: Bold predictions from SA's top broker
- 11 November ~ Investment Valuation with Keith McLachlan
Offshore
/ September, the CPI increased 5.4% after advancing 5.3% on a year-on-year basis in August.
/ China Q3 GDP at 4.9%
/ Biden announced that the Port of Los Angeles would start operating around the clock, following the Port of Long Beach's lead, to ease congestion
/ $2.7 Trillion in Crisis Savings Stay Hoarded by Wary Consumers
/ Microsoft shuts down LinkedIN in China
/ MTNs IHS Towers lists in NY, MTN stake worth R22bn
Local
/ Government cracking down on imported cement, but not with tariffs.
/ IMF bumps local GDP to 5% for 2021
/ Murray & Roberts expands in the US
/ Long4Life results and offer on the table
/ Tharisa gets their Chrome plant cold commissioned
/ Alaris & CSG both have delisting offers.
Simon Shares
- Murray & Roberts* (JSE code: MUR) expands in the US.
- The government says they'll only use locally produced cement in projects. PPC (JSE code: PPC) and Sephaku (JSE code: SEP both fly higher. But is the market right about this?
- We're off the UK red list, good for local hotels?
- Aveng (JSE code: AEG) have announced plans for a 1:500 share consolidation in December. This usually sees prices weakness after the consolidation.
Upcoming events;
- 14 October ~ Investment Fundamentals with Keith McLachlan
- 21 October ~ JSE Power Hour: Small cap investing with Anthony Clark
- 27 October ~ FX and Commodity prices and their effects on investments
Offshore
/ US jobs disappoints, but unemployment 4.8%.
/ 15% global tax rate approved.
/ Oil continues to run higher
/ Reports that Malaysia is getting back on track with chip packaging sees PGMs run hard as it could be good news for vehicle production
/ Last Tuesday was tenth commemoration of the death of Steve Jobs. A legend and the iPhone one of the best products ever?
/ All facebook properties down on Monday for 6 hours.
Local
/ EOH update shows it’ll make an operating profit
/ Invicta buys Dartcom, moving into communications and renewable energy
/ Zeder results, still waiting on value unlock
/ Sanlam Investment Holdings buying Absa investment businesses.
/ Home loans worth +R56.6 billion were granted in Q2 2021, +40% compared to the same period in 2019.
Simon Shares
- Facebook (Nasdaq code: FB), Instagram and WhatsApp all down on Monday.
- Evergrande is suspended.
- Last week it was a fat finger Purple Group* (JSE code: PPE) taking the stock down to 125c. This week it hits 225c.
- Murray and Robert* (JSE code; MUR) starting to move higher.
- Brent oil is now around $82.
- PGMs remains under pressure.
- EOH (JSE code: EOH) makes an operational profit, but the debt pile remains.
Upcoming events;
- 14 October ~ Investment Fundamentals with Keith McLachlan
- 21 October ~ JSE Power Hour: Small cap investing with Anthony Clark
Offshore
/ China & Europe power shortages
/ Brent oil trading around $80
/ Merck Covid-19 pill, expected to produce 1.7 million courses for the U.S. government for $1.2B
/ Tesla delivered record 241,300 vehicles in the third quarter
/ Work-from-home forever: PwC offers US employees full-time remote work
Local
/ Level 1 & SA expected to be removed UK red list, will tourists return?
/ Capitec results
/ Bidcorp results
/ PPC debt restructuring
/ Purple Group tie up with Discovery Bank