JSEDirect with Simon Brown

Offshore / NFP added 379k jobs (large beat) and US unemployment 6.2% (at this pace it'll take until April 2023 to get back to where we were in February 2020) / $1.9trillion stimulus bill approved by Senate / China sets 6% 2021 GDP target / Germany charges Steinhoff execs / UK taxes going up to highest in 50 years / Nasdaq is red year-to-date Local / One year of Covid, ZAR 40c weaker, Top40 +20% (b...

Simon Shares A great research report on Blue Gem covering Renergen (JSE code: REN) . What I really like about the report is that Keith shows you all his workings so you can make your own call on his working and decide. Spur (JSE code: SUR) were a horror show, no surprise it was the six months to end December with all the various lockdown levels. Two things struck me. They're positioning themselves...

Offshore / US Durable Goods Orders Surge In January To Pre-COVID Highs / FB to pay Australian media / Latest Warren Buffet letter / Warren Buffett's $10 billion mistake: Precision Castparts / House passes $1.9 trillion Covid relief bill, sends it to Senate / Opec+ meets on Thursday Local / Budget / Sasol results (no rights issue) / TymeBank gets R1.6bn / Goldfields gets go-ahead to build 40MW sola...

Budget 2021 with AJM Tax I was again invited to moderate the AJM Tax post-budget panel with three excellent guests; Pieter Janse van Rensburg – AJM Tax Daniel Silke - Political Futures Consulting Adriaan Giessing – Seed Investments You can download the AJM Rax budget highlight booklet here . Subscribe to our feed  here Subscribe or review us in  iTunes Upcoming events; Weekly, Wednesday at 5.30pm...

Offshore / Australia fight with Google and Facebook / Uber loses appeal in UK, drivers are workers not independent contractors / Former Bank of England Governor Carney joins board of digital payments company Stripe / US return to Paris Agreement / US jobless claims up to four-week high / Gold under pressure as it trades at lowest levels since June Local / Sibanye Stillwater results / Truworths res...

Simon Shares Interesting titbit from TigerBrands (JSE code: TBS) update "It is too early to conclude whether the lower consumer demand levels evident in the month of January reflect an even more challenging environment than what was experienced over the past year." Upcoming events; Weekly, Wednesday at 5.30pm ~  Follow the Trader 18 February ~  Everything ETFs and tax-free investing 04 March ~  Th...

Offshore / Disney results all about Disney+ / Tesla puts $1.5billion into Bitcoin / Janet Yellen warns of 'explosion of risk' from cryptocurrency markets / Bumble IPO with 60% gain on the first day / Platinum above $1,200 for first tine in six years / Freeze Sends Gas Soaring to $600 Local / More small-cap updates surprise to upside; Trellidor & Metrofile / Itatile results / ARB Holdings results,...

Simon Shares Bitcoin* hits US$48,000 as Tesla declares they put US$1.5billion into the crypto. Platinum finally on the move and above US$1,200 for the first time since 2015. [caption id="attachment_24687" align="aligncenter" width="888"] Platinum weekly chart[/caption] Sibanye Stillwater* (JSE code: SSW) best illustrates the boom in mining profits. In 2019 they made R62million now 2020 they expect...

Offshore / Nasdaq & S&P500 close Friday at all-time highs / Alphabet & Amazon results / US unemployment drops to 6.% / Jeff Bezos to step up to the executive chair, no longer CEO / Chinese short video company Kuaishou rose nearly 200% at the open on its debut in Hong Kong. Local / Ford investment of R15.8-billion into SA / Updates; Distell & Motus / Level 3 lite / Sibanye Stillwater update, R62mil...

Simon Shares GameStop closed at US$90 on Tuesday. Jeff Bezos to step down as Amazon CEO. Apple knockout results. Ford to spend R15.8billion on local plant upgrade. Upcoming events; Weekly (Wednesday at 5.30pm) ~ Follow the Trader 18 February ~ Everything ETFs and tax-free investing Subscribe to our feed  here Subscribe or review us in  iTunes Booming SA Inc. consumers? We're seeing decent updates...

Offshore / GameStop / Results; Apple & Tesla / Tencent listing Kuaishou (TikTok competitor) this week / US 4th quarter GDP at 4% / Davos online Local / IMF downgrades SA GDP 2021/2 growth forecast / Huge offers script to buyout AdaptIT / Anglo stable of updates (AGL, AMS & KIO) / Clicks update and closing Musica / Solid Sasol update / Johnson & Johnson vaccine, Aspen to produce 300m a year

Upcoming events; 18 February ~ JSE Power Hour: ETFs and tax-free investing GameStop perfect craziness Three things came together to push this stock up +20x in a week; Massive short position Option buying Markets love stories Simon dissects the three explains how it all played out and why it is perfectly legal. [caption id="attachment_24640" align="aligncenter" width="678"] GameStop daily chart[/ca...

Offshore / Netflix results / Weak IBM results / Tesla results this week / US GDP (4th quarter) / Federal Reserve rate statement on Thursday / Procter & Gamble solid results & increasing buy backs by $2billion to $18billion Local / Chris Griffith Kumba ==> Anglo Plat ==> now Goldfields / BAW selling motor division for R947m / MPC no surprise but vote was 3-2, with 2 for a hike. / Redefine to pass o...

Simon Shares Trading updates from Truworths (JSE code: TRU) and Foschini (JSE code: TFG) both saw sales decrease for the period ending both saw sales down. But not down as much as expected and hence the stocks went wild. Truworths was up some 25% in two days. More than anything this is because expectations were dire. That said I'm not convinced, the lockdown was increased post the period end and a...

Offshore / Biden starts Wednesday, already has $1.9trillion stimulus plan / Japanese market at 3-decade highs / Chinese GDP +2.3% for 2020 / Rhodium above $20k / US won't ban investing into Alibaba, Tencent and Baidu / JPMorgan results knock it out of the park Local / Brasher exits Pick n Pay / Murray & Roberts OZ contract / Truworths trading update / J&J vaccine details expected this week, good n...

2021 predictions show Every year  Marc Ashton ,  Keith McLachlan  and  Simon Brown do a predictions show. Three wild and woolly predictions for the markets followed by a call on the Top40 and ZAR for the year ahead. Importantly we start each show with a review of the previous year's predictions and you'll find the 2020 predictions show here . Subscribe to our feed  here Subscribe or review us in ...

Offshore / Tech wild year / Oil goes negative / Gold breaks $2,000 / Brexit / Tesla Local / Sasol / Top40 green for the year & just off all-time highs / Even the Rand recovered most of the losses and trades better than 5 years ago / Budget deficit / Lots of business rescue, but less than I expected

Simon Shares Trellidor* (JSE code: TRL), I've been buying. We've seen DIY stocks doing well and small SA Inc shares surprise to the upside and I think this could be one of them. Interim is end December so an update should arrive mid-February. Sygnia (JSE code: SYG) results were really good. This stock was very expensive at listing and above 2400c in 2016 it was crazy. But price came down and earni...

Offshore / US$908billion stimulus plan proposed for the US / US markets at new highs / Salesforce buying Slack for US$27.7billion / Pfizer vaccine starts being administered this week in the UK / Oil moving higher / Gold bounces need to get above US$1,860 Local / Sasol update, likely rights issue will be smaller / Locusts in NC, WC & FS and returning rains / Barloworld results (and price surge) / V...

Simon Shares Really strong November for stocks. France and Italy had their best months ever, S&P500 +11% and JSE +10%. The Pfizer / BioNTech vaccine has been approved for use in the UK starting next week. Limited supplies so front line workers and old people first. But this is good news and suggests that the news for 2021 will be more about rolling out of the vaccine albeit probably also lots of s...

Offshore / U.K. economy is forecast to contract by 11.3% this year, "the largest fall in output for 300 years," Chancellor Rishi Sunak tells MPs / Musk now the worlds second richest person / Janet Yellen tipped for Biden cabinet as Treasury Secretary / China imposing tariffs on Australia, especially their wine. / Down Jones trades above 30,000 for the first time. / Black Friday 2020 online shoppin...

Simon Says Another week another vaccine. U.K. economy is forecast to contract by 11.3% this year, "the largest fall in output for 300 years," Chancellor Rishi Sunak tells MPs. US Jobless Claims +30K To 778K In Nov-21 Week, secondly weekly rise. Continuing Claims -299K to 6,071,000 for Nov-14 week. Dow Jones trades above 30,000 for the first time on Tuesday & S&P500 closed at a new all-time high. D...

Offshore / Another Monday another vaccine ~ Moderna / 12 million Americans are on track to lose unemployment benefits in December if Congress doesn't extend key programs that were part of the CARES Act passed in March. / JPMorgan forecasts negative GDP in the first quarter, the first Wall St. bank to begin forecasting a negative reading. JPM expects the economy to bounce back in / Amazon moving in...

Simon Shares Another week, another vaccine. This time from Moderna and also using the Messenger RNA as does the Pfizer / BioNTech vaccine. Stor-Age* (JSE code: SSS) results very solid. Wilson Bayly Holmes (JSE code: WBO) results not great as Australia hurts, again. Raubex (JSE code: RBX) announces an R2.87billion contract win from Sanral. Strong Spar (JSE code: SPP) results. Boeing 737 MAX 8 retur...

Offshore / Pfizer/BioNTech vaccine news / U.K. economy expands by 15.5% in the third quarter, the most on record yet adds another Sterling150billion in stimulus / Disney reports first loss in 40 years, but Disney+ hits 73m subs / Emirates eyes return to profitability in 2022 only / Deutsche Bank proposes a 5% tax for people still working from home after the pandemic / DoorDash files IPO plans, NYS...