| Good morning Voornaam, Quick links: Yesterday saw a truly ridiculous number of updates on the local market. Your only real chance to get on top of them is to read Ghost Bites. It covers AB InBev, Choppies, Ellies, FirstRand, Fortress, Grindrod Shipping, Hammerson, Implats, Murray & Roberts, Pepkor, Sanlam, Santam, Shaftesbury, South32, Spur and Truworths! Get all this in Ghost Bites, brought to you by Fedgroup. Dominique Olivier brings you the incredibly interesting story of Vantablack (literally the blackest black) and asks the question: can you own a colour? Made possible by Mazars, the brand new episode of the Ghost Wrap podcast brings you the latest on NEPI Rockcastle, Vukile, Italtile, Bidcorp, Spar and Pick n Pay - available here. If you're interested in Afrimat, there's an Unlock the Stock to sink your teeth into. Get a deeper understanding of the company strategy by watching the recording here. A new episode of the Magic Markets podcast gives you the latest on Airbnb and Shopify, made possible by B2IT. |
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| LISTEN: The ETF product design process
with Siyabulela Nomoyi of Satrix |
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| | | Delving into the ETF product design process and with a discussion on the latest ETF product launches at Satrix, Siyabulela Nomoyi joined me for this insightful conversation.
Don't miss it! |
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| READ: Vantablack - can you own a colour?
(by Dominique Olivier) |
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| In a story of an extraordinary feud in the art world that features the blackest black and the pinkest pink (literally), Vantablack sits at the centre of a controversy around whether you can own a colour. Dominique Olivier tells the story. |
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Local company news:
Ghost Bites is brought to you by Fedgroup.
I'm not sure where to start, really. As luck would have it, on the day of tax returns and a wonderful event for bizval last night (the other major startup in my ecosystem), the JSE was on fire in terms of company news. It's been an early morning, I'll tell you that much.
I'm not going to try and summarise everything here. It's literally all one click away in Ghost Bites, with multiple sectors on the JSE coming through in this news. From numbers at AB InBev, Choppies, Ellies, FirstRand, Fortress, Grindrod Shipping, Hammerson, Implats, Murray & Roberts, Sanlam, Santam, Shaftesbury and Spur, through to deal news at Pepkor and South32, it's all there.
Get all the details in Ghost Bites here>>>
There's a brand new episode of the Ghost Wrap podcast for you to enjoy, made possible by Mazars. In the time it takes to drink your coffee, you can get the latest on NEPI Rockcastle, Vukile, Italtile, Bidcorp, Spar and Pick n Pay. Get it here>>>
And for the fans of my radio segment in Namibia, the latest chat covered Motus, Sasol, Libstar and City Lodge. Get it here>>> |
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| LISTEN: Magic Markets podcast |
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| In Episode 163 of Magic Markets, we dug into platform businesses Airbnb and Shopify.
There's always a lot to learn about how these businesses move from losses into profitability - and sometimes back again.
Get the latest on these global giants in this podcast, brought to you by data and process automation specialists B2IT. |
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| Currencies, commodities and rates: TreasuryONE Market Update China's PMI data has disappointed, showing that the Chinese economy contracted for the 5th month in a row. This certainly hasn't done any favours for base metal prices, or the oil price for that matter. Over in the US, the PCE deflator number printed precisely in line with expectations at 2.8% year-on-year.
The rand moved above R19.30 earlier in the day and closed at around R19.21, in line with where it started.
Today, there are various updates expected in the EU, along with the release of the PMI number in the US.
If you would like to watch the recording of the panel discussion around the Budget Speech, then you'll find it on the TreasuryONE YouTube channel here.
Key indicators: USD/ZAR R19.15; US 10-year 4.25%; Gold $2,045; Platinum ZAR R16,893; Brent Crude $82.20 |
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| READ: Stability doesn't always have to come at a cost
with Fedgroup |
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| | | Fedgroup believes that a combination of fixed-term investments can do more than just withstand a battering. In fact, they cann offer solid returns as well.
Learn more here. |
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International company news:
Dell Technologies isn't exactly seen as one of the more exciting global stories, yet the share price rallied over 15% after the company released numbers that beat estimates. Why? Because of Artificial Intelligence, of course! Orders for AI-optimised servers are going through the roof.
And in further technology news, India has approved the investment of $15 billion in three chip "fabs" as part of its Semiconductor Mission strategy. As an example, Tata Electronics will partner with Taiwan's Powerchip Semiconductor Manufacturing Corp to build one of the fabrication plants.
Keep an eye on India. There's a lot of good stuff coming out of there, especially in contrast to the recent trend in China.
If you're reading this section every day, it's because you want to cast your eyes farther afield for opportunities. Magic Markets Premium is your key to understanding global stock opportunities, with new stock research every week and a subscription price designed for South Africans.
For just R99/month, you get access to the entire library of around 120 research reports and podcasts. Expand your investment horizons by subscribing here. |
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| READ: Satrix launches Satrix JSE Global Equity ETF |
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| | | Satrix is releasing a new product that gives a higher weighting to local companies with international listings.
In other words: more of an offshore component. Find out more in this article. |
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| You should expect us in your inbox Monday – Friday. If you don’t receive an email, please check your spam, or junk folder and “move us” into your primary inbox to ensure you get it each morning.
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. |
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