JSEDirect with Simon Brown

Simon Shares Implats (JSE code: IMP) trading update saw production down and costs up. That's squeezing margins and going to hurt. Kumba (JSE code: KIO) nice boost in production, but iron ore prices are falling. Will hurt Afrimat (JSE code: AFT) as well. Combined Motor Holdings* (JSE code: CMH) results sees them on a PE of under 5x and DY of ±13%. But return will be mostly from dividends, ±650c ove...

Simon Shares Coronation* (JSE code: CML) trading update, aside from the massive SARS judgement (and hence no dividend), not bad. But not yet time for buying as sellers persist. Purple Group* (JSE code: PPE) results saw a loss for the six months ending February 2022. But lots of extra one off expenses (expected for a growth business) and a tough market and they still have excellent growth potential...

Simon Shares Local CPI 7.1% for March up from 7.0% in February. Expected was 6.9%. Core inflation 5.2% vs expectations of 5.1%. Rates higher for longer. Reviewing Minister Pravin Gordhan's portfolio . Too many stocks, why not more ETFs? Platinum at all-time highs in rands. This as it trades at more than 50% off the all-time US$ highs from 2008. Still long all my index trades . Time to sell Capitec...

Simon Shares US inflation for March at 5.0%, better then expected and initial response form markets was to jump higher. Big wait now is for first week of May and the next FOMC rate decision. Current open trading positions, long everything My 7/21 trading system has me long all the indices I trade as below; Nasdaq 22Mar23 @ 12,740 S&P500 21Mar23 @ 4,056 Euro Stoxx 50 03Apr23 @ 4,317 ASX200 05Apr23...

Simon Shares Combined Motor Holdings* (JSE code: CMH) strong trading update puts the stock on a PE of under 5x and a dividend yield of ±15%. A great well run company, but what will get the price moving higher or do we just live off dividends? * I hold ungeared positions. Strong first quarter returns Q1 2023 return[/caption] Top40 stocks, top and bottom performers pic.twitter.com/zwZlJkRpwX — Simon...

Simon Shares MPC announcement Thursday. Purple Group* (JSE code: PPE) git the 120c bottom of the range, but has suddenly rallied. Steinhoff (JSE code: SNH), we now know what as the "Board agrees on a radical draft plan to enter into an insolvency process with creditors". The problem with dividends - they not tax efficient. They are great But tax. Dividend Withholding Tax (DWT) is 20%. The maximum...

Simon Shares Federal Reserve FOMC raises 0.25% and the market drops as Fed says almost at the top. Local CPI comes in slightly higher at 7.0%. MPC meets next week, hold on rates or another +0.25%? Credit Suisse 'sold' to UBS. Steinhoff (JSE code: SNH) votes against the debt deal, now what? Bankruptcy surely? Transaction Capital (JSE codeL TCP) bounces, where's the value?

Simon Shares Silicon Valley Bank collapse, does this put a pause on US rate increases? FOMC next Tuesday/Wednesday. "Moody's cuts outlook on U.S. banking system to negative, citing 'rapidly deteriorating operating environment'" Miss expectations and get slammed Transaction Capital Absa MTN Multichoice Hold winners, ditch laggers. Sun International (JSE code: SUI) vs. City Lodge (JSE code: CLH). ff...

Simon Shares The local Q4 GDP came in at -1.3%, worse than expected -0.4% and shows the real pain of load shedding and Transnet issues. Q1 2023 not expected to be any better. Every set of results mentions load shedding and retailers are spending ±R1billion a year on diesel. Rand is looking weak, very weak. Grindrod (JSE code: GND) had good results and are clearly benefiting from the failure of Tra...

Simon Shares Budget 2023 show, audio is fixed Solar as a service Retail Savings Bonds five-year fixed now at 10.5% Satrix takes over most Absa ETFs City Lodge* (JSE code: CLH) results Stale bulls Dividend of 5c Occupancies at 57% Debt gone Cater for business, who are Zooming more Overall a bit light Spur (JSE code: SUR) results vs. Famous Brands (JSE code: FBR). * I hold ungeared positions.

Budget 2023 Pieter Janse van Rensburg ~ AJM Tax Tony Leon ~ former leader of the opposition & ambassador Lesego Majatladi ~ Stay Latatude Simon Brown Great insights into the budget, who should be our finance minister and even the Coronation* (JSE code: CML) Con Court appeal against the SARS judgement.

Simon Shares Sasol (JSE code: SOL) update was all about troubles with power, ports and rail. In other words SA infrastreucture. Pick n Pay (JSE code: PIK), they spending R60million a month on diesel. US unemployment is the lowest since 1969 at 3.4%. Grey listing for South Africa. The Financial Action Task Force will announce their decision at their 24 February meeting. A paradigm shift is happenin...

Quick update, I buying Coronation (JSE code:CML) at ±3750c. View my portfolio ==>> www. SimonBrown.co.za

  Simon Shares MPC Thursday (26 January) raised 0.25% and FOMC Wednesday (1 February) expected is 0.25%. Capco (JSE code: CCO) good trading update and dividend. Renergen* (JSE code: REN) proposing US ADRs with Nasdaq listing in time to raise last capital required for phase 2. Stocks losing money from load shedding All listed companies are mentioning load shedding in their updates. Shoprite* (JSE c...

Simon Shares Renergen* (JSE code: REN) finally gets phase 1 helium flowing. ArcelorMittal (JSE code: ACL) update, everything they warned about went wrong. MPC Thursday (26 January) and FOMC Wednesday (1 February). Raising 0.25% each. Stocks making money from load shedding Reunert (JSE code: RLO). High voltage cables and circuit breakers. Mustek (JSE code: MST). Green energy division. Famous Brands...

Simon Shares Top40 is all about China . Economic data from China for 2022 released this week was weak, but better than expected. Which food retailer offers the best value? Food inflation is still high, 12.7% YonY for December. But likely peaked (good rains, diesel lower and reducing input costs) Preferred food retailer? Always Shoprite* (JSE code: SHP). But expensive, forward PE 19.5x Pick n Pay (...

Now for the tenth year in a row, we kick off the new year with a prediction show. Marc Ashton ,  Keith McLachlan  and  Simon Brown put their heads on the block with three wild and woolly predictions for the markets for 2023 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 2022 predictions...

I've been buying some Zeda on the JSE. - Here's why - A bit about the business - Risks - Possible target price

  Oil below US$ 80, the first time this year. OPEC+ made no production changes. EU price cap on Russian oil. Done via insurance, but will it work and if it does will oil not move higher? Simon Shares Nampak (JSE code: NPK) results and book build. Worth a speculative punt after the rights issue is done? Solid Sygnia (JSE code: SYG) results and strong dividend. RMI becomes Outsurance on the JSE, cod...

Simon Shares MPC upped rates 0.75% with more expected in the new year. Solid City Lodge* (JSE code: CLH) update with November occupancies at 60%. Rand below R17/US$ and more strength expected. Top40 sneaks green for the year after a rough ride. This is why we hold And don't panic Markets recover Chinese covid-19 cases hitting new records, by a long way. This has real implications (bad ones) for th...

Simon Shares Renergen* (JSE code: REN) did a small capital raise and the market not liking after they said earlier in November they wouldn't do one. Cilo Cybin will not be listed on the JSE. They planned to raise R500million but only got R20.5million. Those who applied will be refunded. Local October CPI was 7.6%, up from 7.5% and vs. an expected 7.4%. Expect MPC to do 0.75% and two 0.25% next tak...

Binance buys FTX. No, they walk away. FTX goes bust. Keep your coins in a hardware wallet, not on the blockchain unless you trading it. I use a Ledger Nano S Plus. What's the future for crypto with another exchange hitting the wall? Simon Shares Results wrap; Purple Group* (JSE code: PPE) Stor-Age* (JSE code: SSS) Ninety One (JSE code: N91) Transaction Capital (JSE code: TCP) * I hold ungeared pos...

So you bought a stock and it's done good and you're making money, maybe even lots of it. Now what? First, why did you buy it? That'll often help you decide when to sell. Second, is it still going up? Have a line in the sand, using charts, at which you sell. Third, is the news still all good? Bad news means to sell. Simon Shares US inflation due Thursday, expected is 7.9%. Binance buys FTX Time for...

After the results, are any FAANGs worth buying? FAANGs, a mixed bag with Meta (NASDAQ code: META) the biggest loser. Is it worth buying or what of the other FAANGs? Apple (NASDAQ share code: AAPL) and Amazon (NASDAQ code: AMZN) would be my picks. Why buy the losers? Simon Shares RMI, I got confused between RMI and RMH last week . Former is becoming Outsurance. Capital & Counties (JSE code: CCO) tr...