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Sanlam is deepening its exposure to India, with a clever sequence of transactions in various Shriram entities. Grindrod Shipping is finally set to be taken private by Taylor Maritime. All this and more in Ghost Bites, brought to you by Fedgroup. -
If you thought the spiders were the most frightening things in Australia, think again. Dominique Olivier brings you the story of emus, guerrila warfare tactics and a battle over wheat fields that gives you an incredible view of the post-WWI and Great Depression hardships. Give yourself the best watercooler story in the office today by reading this excellent article>>> -
Jeremy Maggs is a highly familiar name in local broadcasting and he hosts Investec's No Ordinary Wednesday podcast. The latest episode features award-winning fund managers Barry Shamley and Peter Vogel, bringing you their view on the markets. This podcast is brought to you by Investec and you can (and should) listen to it here>>>
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Digital assets and fintech: two important growth areas in the world. These terms can be confusing though, especially when you start talking about blockchain and even cryptocurrency. For a perspective on how corporates are thinking about this stuff (rather than the kid down the road on Reddit trading coins with outrageous names), I spoke to Wiehann Olivier and Mia Pieterse of Mazars in South Africa. In the background of all the chaos, there's a lot going on at corporate level with this technology. Listen to the show here>>> -
Artificial, or Artificial Intelligence? AI is dominating headlines everywhere, which means opportunities and risks. To discuss this phenomenon, Nico Katzke of Satrix joined me on the latest Ghost Stories podcast. Find it here>>> -
Thanks to Mazars, there's an insightful episode of Ghost Wrap for you this morning. Get the latest on Transaction Capital, Sun International, Thungela and OUTsurance in this fast-paced podcast. -
A brand new episode of the Magic Markets podcast gives you the latest on Accenture and FactSet as offshore companies that have had recent pressure on their share prices.
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LISTEN: Artificial, or Artificial Intelligence?
(with Nico Katzke of Satrix) |
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Artificial Intelligence (or AI) is all over the headlines. Like with any hype trade, that's both an opportunity and a risk.
To bring some clarity to what this is and what this isn't, Nico Katzke of Satrix joined me on Ghost Stories. You'll really enjoy this podcast>>> |
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LISTEN: Diving into Digital Assets and Fintech
(with Wiehann Olivier and Mia Pieterse of Mazars in South Africa) |
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Digital assets, blockchain and crypto are shrouded in mystery, yet corporates are not blind to the opportunities in this technology.
And as for fintech, that's always a hive of activity.
Learn more about this space in this podcast>>> |
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LISTEN AND READ: The Investec Nikkei 225 Autocall
with Brian McMillan of Investec |
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Brian McMillan of Structured Products at Investec talked to me about the Investec Nikkei 225 Autocall.
It offers exposure to the Nikkei 225 index over a period of up to five years with an enhanced return of up to 17% per annum in ZAR or 11.5% per annum in USD. Importantly, there is 100% capital protection provided the index does not drop by more than 30%.
Listen to this podcast to find out more. Alternatively, you can read this article about the product. |
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READ: Emus with Guerrilla Tactics
(by Dominique Olivier) |
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In a tale of Aussies vs. nature, along with the hardship of the post-WWI recovery and the Great Depression, Dominique Olivier brings you the emus of Australia and their battle with veterens who were given land to farm.
It's quite the story, believe me. Get it in this excellent article>>> |
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Local company news:
Ghost Bites is brought to you by Fedgroup.
Sanlam has been operating in India since 2005 through a partnership model with Shriram that evolved over the years. Today, Sanlam has significant equity stakes in various Shriram entities. The latest news is that Sanlam will move above the 50% threshold in two of the entities, partially paid for by a reduction of a minority stake in another Shriram entity. The cleverness of this transaction is that Sanlam reduces a non-strategic minority stake and uses those funds to get above 50% elsewhere (along with a further investment from the mothership).
The other news on Friday was the intended delisting of Grindrod Shipping. This day was always going to come, with Taylor Maritime holding 83.23% of the shares in the company after a previous offer. Structured as a selective capital reduction, this is an interesting piece of corporate finance in action.
It may have been a quiet day on the market, but these stories are important and give great insights into corporate strategy. Read them in full in Ghost Bites at this link>>>
Check out the most recent episode of the Ghost Wrap podcast, made possible by Mazars. It takes just a few minutes to get the latest on Transaction Capital, Sun International, Thungela and OUTsurance. Get it here>>>
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LISTEN: Magic Markets podcast |
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In Episode 169 of Magic Markets, we covered Accenture and FactSet. Both groups have had a wobbly in the share prices recently, with the market concerned about growth.
Is this just a bump in the road, or a deeper problem?
Magic Markets is a great way to expand your reach to global opportunities. Listen to the show here. |
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Macroeconomic Update Friday's non-farm payroll data showed strong momentum in the economy, with payroll growth surpassing expectations at 303,000 jobs. It's unclear why there would be a strong need for the Fed to lower interest rates given the robust labour market and inflation stabilising above its target. This week, the market will take further direction from US inflation numbers and the ECB policy meeting.
Gold reached a fresh all-time high in Asian trading earlier this morning, with the most likely driver being robust gold purchases by global central banks.
After oil moved above $90 at the end of last week, it has slipped back below $90 this morning.
Key indicators: USD/ZAR R18.70; US 10-year 4.42%; Gold $2,341; Platinum ZAR R17,442; Brent Crude $89.80
This macroeconomic update is based on TreasuryONE's morning update. |
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READ: Dive into your DIY investing adventure
(by Duma Mxenge of Satrix) |
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Yes, you can take investing into your own hands - you just need a sensible approach to it.
In this excellent article, Duma Mxenge gives sensible, easy-to-follow tips on how to get more involved in your wealth creation journey. |
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International company news:
With the proxy battle at Disney now behind us, the market can focus on Bob Iger's plans going forward. We will be recapping Disney in detail in Magic Markets Premium this week, so our subscribers can look forward to that.
There's a lot to unpack, like the plan to invest $60 billion in the Parks and Experiences business over the next decade. There's a huge push to get the streaming business to profitability, along with a trend of partnerships and joint ventures to take the fight to Netflix. And of course, there's much to think about in the content strategy and the questionable recent track record.
We cover global giants and interesting smaller opportunities in detail in Magic Markets Premium. As an example of the variety, our most recent report is on energy utility Emera. You can get our entire research library for just R99/month. It pays to know what's going on out there - literally.
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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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