JSEDirect with Simon Brown

Simon Shares Great Sappi (JSE code: SAP) results. Strong Hudaco (JSE code: HDC) results. Top40 is trading at all-time highs, as is Resi10 and MidCap is almost there. Kastle back to work barometer shows office attendance in the US is still not back to levels from before the most recent pandemic wave and around 33% (on average) of pre-pandemic levels. Back in November, the average was just over 38%....

Simon Shares PGMs are on the move, most notably palladium and rhodium. But the miners are not. Combined Motor Holdings* (JSE code: CMH) strong trading update. MTN (JSE code: MTN) vs. Vodacom (JSE code: VOD) updates. Who's winning? Strong Astral (JSE code: ARL) update, but for the half ending March - so off low base. Ascendis (JSE code: ASC) looking to sell three businesses, but that won't leave mu...

Simon Shares PGMs are on the move, most notably palladium and rhodium. Oil also still moving, remember the ETN for that. Cashbuild (JSE code: CSB) update shows the pandemic home improvement boom is over. ArcelorMittal South Africa (JSE code: ACL) update sees them into profit and on a PE of under 2x. Steinhoff (JSE code: SNH) settlement approved, but still lots of debt. Markets are spooked Lots to...

Simon Shares BHP Group* (JSE code: BHP) is unifying its dual-listed company (DLC) corporate structure effective close 28 January. This will count as a CGT event for shareholders who will have been deemed to have sold their shares and bought the new ones. Microsoft (Nasdaq code: MSFT) is buying Activision-Blizzard for $69 billion, but who's the largest gaming company in the world? Tencent (Hong Kon...

Now for the tenth year in a row, we kick off the new year with a predictions show. Marc Ashton ,  Keith McLachlan  and  Simon Brown put their heads on the block with three wild and woolly predictions for the markets for 2022 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 2021 prediction...

Holiday show Back in 2010 the world watched as Greece plunged further and further into a debt crisis with many expecting the EU to not survive. But Angela Merkel saved Greece and the day. [caption id="attachment_31826" align="aligncenter" width="888"] Greek 10Y bond rates[/caption] Greek debt to GDP (%) source: tradingeconomics.com

On the 20th September 2021 Chinese property developer missed interest payments on some US$300billion of debt and this spooked markets into a selloff. But three months later nobody cares. What's the background sorry and why does nobody care?

After clogging up the Suez Canal for six days back in March 2021 and halting much of the worlds shipping trade, what happened to Ever Given?

Offshore / Strong year of returns globally, CAC40 (France) top index / US inflation, not transitory / US unemployment looking decent / China crackdown / Commodities mostly a soft year, the exception is oil / Supply chain chaos Local / Good year for local markets / Delisitng galore / GDP / Rand

Simon has a look back at the winners and losers from the JSE for 2021, year-to-date returns. There certainly are some losers, but mostly it is about winners as the Top40 did 21.5% so far and the top major global index was the Cac40 which returned 29.9%. Find the top ETFs here .

Offshore / US Labor Nov Nonfarm Payrolls +210K; Consensus +573K, unemployment improved to 4.2%. Fed's target for 'maximum employment' is for unemployment rate of 4.5%. / Didi leaving NYSE / Google will no longer require workers to return to the office on Jan. 10, delaying the return indefinitely. / Dorsey leaves Twitter / OPEC+ agrees to January production hikes Local / Implats comes for RBPlats /...

Simon Shares Bidcorp (JSE code: BID). Strong update, they're coming out of this pandemic much stronger. Aspen (JSE code: APN) announces manufacturing deal with Johnson & Johnson (NYSE code: JNJ). Implats (JSE code: IMP) wants RBPlats (JSE code: RBP), sorry Northam Platinum (JSE code NPH). Powell, Fed chair, says inflation is not transitory. Oil under severe pressure, OPEC+ meeting was pushed back...

Offshore / Powell second term as Fed chair / Fed's Bostic says he remains open to faster taper and one or two rate hikes in 2022 / Online Black Friday sales in the US fell according to data from Adobe Analytics ($8.9bn vs. $9bn) / Opec+ meeting this week, production likely to remain unchanged / Turkish lira losses 20% Local / New variant crashes markets and leisure stocks (everything) / Good Invic...

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, und...

Simon Shares Iron ore below US$100. Kumba (JSE code: KIO) halved since July highs. And still falling. But Q3 sales were at US$180 / tonne and even at current lows likely they get US$150 / tonne for the second half. Mid-year cost per tonne was US$26 and sale price US$165 / tonne. So the share is pricing in horror stories which likely aren't true fr the full year ending December. BUT next year will...

Offshore / US inflation, 6.2%. Core inflation highest since 1991. / Johnson & Johnson announced plans to split its company into two, separating its consumer health division from its pharmaceutical and healthcare businesses. / Elon Musk selling Tesla shares, some planned n September. Rest thanks to the Twitter poll. / Singles day in China, muted (+8.5%) but still huge, Alibaba $84.5billion / Tencen...

Simon Shares Iron ore below US$100. Kumba (JSE code: KIO) halved since July highs. Tencent (Hong Kong code: 700) results. Northam (JSE code: NPH) buys stake in RBPlats (JSE code: RBP). Telkom (JSE code: TKG) results. Purple Group* (JSE code: PPE) results.   [caption id="attachment_31661" align="aligncenter" width="888"] Purple Group daily chart[/caption] * I hold ungeared positions.

Offshore / US tapering begins / Strong US jobs data / US passes $1trillion infrastructure bill / Bank of England leaves rates unchanged / Strong Pfizer results / Elon Musk asks Twitter if he should sell 10% of his Tesla shares, and pay tax Local / Mini budget this week / Renergen reserves / Dis-Chem results / MTN update / Purple Group update / Petrol increase

Simon Shares Federal Reserve FOMC press conference Wednesday evening after a two-day meeting. Avis (NYSE code: CAR) up 50x from March 2020 lows after results. Pfizer (NYSE code: PFE) results. Ascendis (JSE code: ASC) shareholder activists now control 30% of the votes. Renergen* (JSE code: REN) announce a six-fold increase in helium reserves. Still need to raise UAS$800m or R12.3billion to get phas...

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 Resou...

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...

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...

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...

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 pric...

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...