JSEDirect with Simon Brown

Simon Shares Massmart (JSE code: MSM) update, retail margins are being squeezed, the exception is clothing retail. Thungela Resources (JSE code: TGA) very strong trading update. JSE (JSE code: JSE) results, strong. Nancy Pelosi lands in Taiwan and markets don't really care and China will complain - but this is not leading to war. Uber (NYSE code: UBER) finally hits cash flow positive. OPEC+ 100,00...

Simon Shares New energy rules for South Africa. Who wins? Silverleaf Investments on Easy Equities. Know what you're buying. Food retailer updates, Shoprite* (JSE code: SHP) winning. Pick n Pay (JSE code: PIK) bounding back and Woolies* (JSE code: WHL) struggling. Cashbuild (JSE code: CSB) and Mr Price (JSE code: MRP) updates show consumers under pressure IMF upgrades SA GDP growth for 2022 to 2.3%...

Simon Shares Local June inflation, 7.4%, MPC tomorrow. BHP Group* (JSE code: BHG) update, they are worried. ArcelorMittal South Africa (JSE code: ACL) trading update says global growth and recessions fears "present challenges for the outlook of commodities and steel demand in the next 12 to 18 months.". China's holdings of U.S. debt fell below $1 trillion for the first time since 2010 Alviva (JSE...

Simon Shares US June inflation 9.1%, and core inflation was also up a 5.7%! Still stage 4. Rand continues to weaken. Back backs between 4 July 2022 & 8 July 2022 Naspers JSE code: NPN) bought 659,095 shares at an average price of R2 648.3315/share for R1.745 billion (US$104.73 million). Prosus (JSE code: PRX) bought 6,240,339 PRX shares at an average price of €67.1361/share for €418.95 million (US...

Simon Shares Still stage 6. Rand continues to weaken. Naspers (JSE code: NPN) and Prosus (JSE code: PRX) both are holding well after the hard run the previous Monday on results and buy-back news. Resources under pressure, all of them. Supply chains adjusting Just in time is now just in case Higher inventories Higher costs More localisation Upcoming events; 13 July ~ To short or not to short with M...

Simon Shares Episode #500. Huge thanks to all, I go into some background about the show. Where and how it started, lessons learnt and more. Stage 6, the Rand lost 30c. Sun International* (JSE code: SUI) update for five months to 31 May 2022 shows they are nearly back at pre-pandemic revenue and this while we still had some restrictions and fewer international travellers. Naspers (JSE code: NPN) /...

Simon Shares Thungela (JSE code: TGA). Coal prices doing great, production is good but rail is the problem but HEPS is expected at 5800c. If we double for the full year we can expect ±R116 and a dividend of ±R100? Stor-Age* (JSE code: SSS) results are not exciting but steady. Omnia (JSE code: OMN) results were really strong, another special dividend and good future prospects. Orion Minerals (JSE c...

Simon Shares US May inflation, 8.6%. Federal Reserve announced rates last night and surely it was 0.75% for the first time in 28 years? Either we have continued high inflation or a recession, maybe even both? Time for a Paul Volcker and do a 1% raise? It's ugly, Nasdaq and S&P500 both closed at lows for 2022 and are both are now in a bear market. S&P500 draw down at close 13Jun22 And failing a rea...

Simon Shares Sygnia (JSE code: SYG) results and a forward dividend of maybe as high as 10%. Local GDP at 1.9% for Q1 2022. The economy has now recovered to its pre-pandemic levels. Consumer cracking? I interviewed Evan Walker 36One Asset Management. Inverse ETFs that go up as the market falls . * I hold ungeared positions. Upcoming events; [events_list limit="3"] ddd Are Robinhood's troubles Purpl...

Simon Shares The good news is the US had a green week last week, for the first time in 8 weeks Goldfields (JSE code: GFI) is down on news it paying a chunky 33.8% premium to acquire Canadian Yamana Gold in an all-share deal We finally got the petrol price increase and the 150c fuel levy reduction remains in force, for now. German inflation hits 7.9% for May. Highest since the 1950s. EU inflation f...

Simon Shares Results are pouring in, food producers are struggling. Coronation (JSE code: CML) results with DY of over 10% and PE ±9X. Snap Inc (NYSE code: SNAP) profit warning. It now trades at half its listing price. Current under recovery in petrol price is 236c, + the 150c fuel levy suspension means we could see a 386c increase in June to over R25 a litre! What's your fav ETF? We ask our reade...

Simon Shares 10X Investments buying CoreShares. MPC, 0.5% expected. Balwin (JSE code: BWN) results vs. Calgro M3 (JSE code: CGR). Pick n Pay (JSE code: PIK) results vs. Shoprite* (JSE code: SHP). * I hold ungeared positions.

Simon Shares US April CPI 8.3%; Core CPI 6.2% (month-on-month core was +0.6%) FOMC Sibanye-Stillwater* (JSE code: SSW) update the market hated. Kaap Agri (JSE code: KAL) results Wandile Sihlobo on agri in SA. New Satrix global healthcare ETF. Thungela Resources (JSE code: TGA) could pay an R100 dividend this year, putting them on a +40% DY. US Tech selloff continues 1-year FAANG returns ° Meta ° A...

Simon Shares Combined Motor Holdings* (JSE code: CMH) results, Best ever. Renergen* (JSE code: REN) cold commissioning of phase 1 going well. New global healthcare ETF coming from Satrix. Currently in IPO and listing 26 May. EU unveils a proposal to ban Russian oil imports within 6 months, all refined oil products by the end of the year. OPEC+ Sees Production From Non-Opec Participants in OPEC+ at...

The world's oldest exchanges starting in India all the way through to Amsterdam.

Staring in Kimberly in 1881 through to the present Simon details the history of stock exchanges in South Africa.

Simon Shares US inflation 8.5%, UK 7.0% Capitec* (JSE code: CPI) results and a special dividend. Dave Segall asking about "Looming food and fertiliser shortages" and impact on local agriculture stocks. Purple Group* (JSE code: PPE) trading update (here are my previous expectations). * I hold ungeared positions.  

Simon Shares I have closed my Nasdaq long position. Still long FTSE100. Purple Group* (JSE code: PPE) trading update. Looks a little better than I expected. MTN (JSE code: MTN) more Nigerian woes. Reports that Woolies* (JSE code: WHL) may be selling David Jones. Elon Musk buys 9.2% of Twitter (NYSE code: TWTR). Moodys upgrades sovereign and banks from negative to stable. Deutsche Bank says: US rec...

Simon Shares Just One Lap is 11 years old :) FOMC, as expected. Local MPC tomorrow. Nasdaq, time to buy? Also FTSE100. Both a technical buy, not taking a view on the fundamentals.   Brent almost back at US$120. China opened up already, well Foxcon at least. Tencent results, flat-lining. The end of an era! So says Tencent as revenue grows in single digits, the lowest quarterly number since listing...

Simon Shares Big banks now all have released results, mostly good albeit off low base. Covid cases in China surge, new lockdowns. Hello, more supply chain mess. People asking if I updated my view on Purple Group * (JSE code: PPE). Nope, volatility likely helping the revenue, but I need new data (results) first. Commodities weak, brent oil now in a technical bear market. China makes peace with tech...

Simon Shares Shoprite* (JSE code: SHP) results, it's all about innovation. Strong un International* (JSE code: SUI) update. War in Europe, commodities still the story. Very volatile, that's expected. But I expect more upside and I am happy to hold. Upcoming events; 17 March ~ JSE Power Hour: Geopolitics, inflation and markets Prosus (JSE code PRX) / Naspers (JSE code: NPN) / Tencent (Hong Kong cod...

Simon Shares City Lodge* (JSE code: CLH) results, fair valuation around 800c? BHP Group* (JSE code: BHG) will see a significant reduction in its weighting in Top40 and Resi10 indices . PSG (JSE code: PSG) exiting the JSE. Wilson Bayly Holmes (JSE code: WBO) has lost investor confidence. Murray & Roberts* (JSE code: MUR) results. HEPS at 29c a little light, but back in profit. War in Europe Inflati...

Wednesday was budget day and our tax experts, AJM Tax , hosted a live panel discussion covering the budget; highlights and low lights. We've included the recording for this week's episode. The panellists were; Divan Botha – moderator Dr Albertus Marais ~ Director at AJM Tax Laila Razack ~ CFO of Equites Property Fund Simon Brown ~ Founder Just One Lap and host MoneywebNOW

Simon Shares Strong Nedbank (JSE code NED) trading update. If you held Steinhoff (JSE code: SNH) when it all went wrong in 2017 you have until 15 May to submit a claim . Oceana (JSE code: OCE), now the CEO quits? * I hold ungeared positions. Upcoming events; 22 April ~ Introducing the CoreShares Total World ETF 06 March ~ JSE Power Hour: Finding income in JSE listings What's down with Purple Group...