Simon Shares
- South African inflation was 3.2% in March 2021.
- Pick n Pay (JSE code: PIK) results show it was all liquor and tobacco that was the pain as it was off 31%.
- Karooooo (JSE code: KRO) has returned after exiting as Cartrack. The market seemed confused as it opened at 6500c, it is now trading R480. Still well off the adjusted highs f over R900 as everybody got all excited about the Nasdaq listing.
- Long4Life (JSE code: L4L) hints at possible unbundling as it looks to unlock shareholder value. I'm confused, they were just consolidating by buying up businesses? I held them but sold early in the pandemic as they were so small in my portfolio and weren't doing much with their cash.
- Absa (JSE code: ABG) loses their CEO.
- Cell C reports R5.5billion full-year loss. Horror story and I never understood what Blue Label (JSE code: BLU) saw in the business.
- PSG results without Capitec* (JSE code: CPI) and they're buying back their preference shares.
* I hold ungeared positions.
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