View in web browser

Good Morning Voornaam,

Keen to wrap your head around the Netflix investment thesis? Do you enjoy balanced views with bull and bear arguments? For R99/month or R990/year, Magic Markets Premium brings you research on global stocks to help you trade and invest with confidence. Subscribe today>>>

Ghost Bites:

Glencore's second half is under pressure from factors ranging from the weather in Australia through to supply chain issues in Kazakhstan!
Impala Platinum g ives us a real example of how load shedding is breaking our economy
Industrials REIT is still growing, with signs that like-for-like growth in industrial property has slowed down
Orion Minerals had a busy quarter of fundraising activities
Tharisa is looking to raise $50 million through a bond issuance on the Victoria Falls Stock Exchange (which I didn't even know existed)

As you can see, it was a busy day on Friday! In addition to these stories, we saw news from Sibanye on the wage settlement agreement in the PGM operations, results from Renergen and Finbond and numerous other updates. Get yourself up to speed in the most efficient way possible with Ghost Bites>>>

Is the SA retail sector simply too expensive?

Veteran retail analyst Chris Gilmour has lived through every retail cycle you can imagine. He's also been around long enough to know that some retailers simply don't survive forever, either killed off by competition or their own silly balance sheets.

In this week's piece, Gilmour considers recent Stats SA data and raises his concerns about general valuations in the sector. Read it here>>>

Ot her good stuff

Listen to the latest Magic Markets episode with Richard Asherson from Westbrooke Alternative Asset Management, in which we unpack the latest deal trends and market conditions in the UK where he is based - you'll find it at this link>>>
Watch the recent Unlock the Stock events with Calgro M3 and Pan African Resources, or with Growthpoint
Read the latest news on g lobal companies Hasbro, Goldman Sachs and Volvo in Ghost Global
Learn how to drive a truly great car without breaking the bank through my discussion with Warren Ingram on Honest Money

A fairly flat Friday

In the latest market update from TreasuryONE, we learn that the randt> had a fairly sideways day on Friday. The dollar stayed below parity against the euro and even commodity markets were fairly flat, including gold and Brent Crude.

This week should be different, with a US Fed interest rate decision. It looks like another 75bps hike has been priced into the market. There are also US non-farm payroll numbers to be concerned about, as this will give us a glimpse into the strength of the US economy. Get ready for a busy and probably volatile week!

With that, I wish you a productive Monday.

Ghost Bites (Glencore | Impala Platinum | Industrials REIT | Orion | Tharisa)

Glencore's second half is under pressure. Impala Platinum just loves load shedding. Industrials REIT is still doing what it says on the tin. Orion Minerals had a busy quarter of fundraising. Tharisa is looking to raise $50 million.

Are SA retail stocks just too expensive?

Chris Gilmour gives us his updated views on the defensive and discretionary retail stocks on the JSE. Has this once-glamorous sector simply become too expensive?

Ghost Global (Hasbro | Goldman Sachs | Volvo)

Hasbro's prospects are being carried by Magic: The Gathering. Goldman Sachs is at a painful point in the cycle. Volvo's sales are doing well but margins are lower.

How to own a great car, cheaply

Does an older Porsche 911 make more financial sense than a flashy new GTI? You bet it does! As a hopeless petrolhead and a finance professional, I have unorthodox views on car ownership. Warren Ingram invited me to talk about them on Honest Money.

Magic Markets Ep99: What's happening in the UK?

The UK has been so topical lately. Thanks to Richard Asherson from Westbrooke, we can bring you insights from ground-level dealmaking in that market.

Listen Now

EasyEquities is a product of First World Trader (Pty) Ltd t/a EasyEquities which is an authorized financial services provider (FSP no.2225880) and a registered credit provider (NCRCP12294).

EasyProperties is a juristic representative of the First World Trader (PTY) Ltd t/a EasyEquities which is an authorised financial services provider (FSP) number 22588.

EasyEquities does not act as an FSP when allowing you to buy and sell the EC10 bundle as well as any other cryptocurrencies.

Disclaimer

Our content is intended to be used and must be used for informational purposes only. You must do your own analysis before executing any investments or strategic decisions, based on your own circumstances. We do not provide personalised recommendations or views as to whether an investment approach or corporate strategy is suited to the needs of a specific individual or entity. You should take independent financial advice from a suitably qualified individual who gives due regard to your personal circumstances.

Whilst every care is taken, we accept no responsibility or liability for any errors or omissions in any of our content.

The views, thoughts and opinions expressed in our content belong solely to the author or quoted individuals and/or entities, and not necessarily to the author's employer, organisation, committee or other group or individual, or any of our affiliates or brand partners.