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Sirius Real Estate has reported strong rental growth for the year to March 2024, which is great news alongside the recent flurry of deals. AH-Vest is profitable again, but the bid-offer spread is a disaster. Get these updates and more in Ghost Bites, brought to you by Fedgroup. -
Fedgroup believes that there is always an alternative in the market. Does incorporating alternatives into your portfolio make sense? Get their views in this entertaining article>>> -
Alligator pears, anyone? How about avocados? Learn about how marketing drives consumer behaviour with the story of the avocado, told brilliantly by Dominique Olivier in this excellent article>>> -
There's a brand new Ghost Wrap podcast that brings you a useful overview of four recent examples of M&A on the local market. I covered MultiChoice, Grindrod Shipping, MC Mining and the recent Sanlam deals. Brought to you by Mazars, get your fix in this fast-paced podcast. -
There's also a brand new episode of the Magic Markets podcast, this time featuring Harry Scherzer of Future Forex. A familiar voice to listeners, Harry explains why South Africans shouldn't allow their R11 million annual offshore allowances to ever go to waste. Learn more here>>> -
Jeremy Maggs 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. Brought to you by Investec, listen to it here>>> -
Artificial, or Artificial Intelligence? AI is dominating headlines everywhere, which means opportunities and risks. Nico Katzke of Satrix joined me on the latest Ghost Stories podcast to discuss this. Find it here>>>
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Special Offer: -
Attention: business owners. Ghost Mail readers qualify for an exclusive webinar with yours truly and my fellow bizval co-founders if you value your business with bizval this April. Choose one of our paid offerings here to qualify for the webinar, giving you a chance to ask whatever you want about business growth, valuation and sale preparation.
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READ: There is always an alternative...
(by Fedgroup) |
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Should you think about incorporating alternative assets into your portfolio mix?
In this entertaining and insightful article, Fedgroup share their views on this asset class. |
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LISTEN: Ghost Wrap - the M&A edition |
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Get the latest on four recent examples of M&A on the local market: MultiChoice, Grindrod Shipping, MC Mining and Sanlam.
Thanks to Mazars, it's all in this podcast>>> |
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READ: Nobody wants to buy alligator pears
(by Dominique Olivier) |
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Dominique Olivier's latest column in Ghost Mail is about the alligator pear - or, as we know it today, the avocado.
Here's the story of how the Super Bowl contributed to the rebrand and popularity of this err... fruit. Berry, in fact. |
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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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Local company news:
Ghost Bites is brought to you by Fedgroup.
Sirius Real Estate is focused on the German and UK property markets. This means hard currency earnings. It also means they have working electricity, although so do we these days - until elections, probably. This hard currency context makes it rather impressive that Sirius has grown its rent at 7.2% on a like-for-like basis. This kind of organic growth is what investors like to see when there's also plenty of dealmaking going on to give the portfolio a further boost.
Over at AH-Vest, we find a victim of the bid-offer spread problem that plagues smaller companies. It's now trading on an annualised P/E of 0.5x! Will someone bravely put in a proper bid that is closer to net asset value, or will the market cap stay at just R2 million?
Get the details in Ghost Bites at this link>>> |
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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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LISTEN: Magic Markets podcast |
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In Episode 170 of Magic Markets, Harry Scherzer of Future Forex returned to the platform to update us on the crypto arbitrage opportunity and how it boosts portfolio returns.
This is a very clever way to make sure that your total annual offshore investment allowance of R11 million doesn't go to waste. Listen to the show here>>> |
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International company news:
Goldman Sachs crushed stimates for the first quarter, with trading and investment banking revenue through the roof. Revenue came in at $14.21 billion vs. expectations below $13 billion. Earnings per share of $11.58 were way above estimates of $8.56, as reported by CNBC.
Goldman is the closest bank you'll find to a pure-play on the strength and levels of activity in capital markets. This is the most illustrious name in investment banking, although there have also been major strides made in more annuity-based models like asset and wealth management.
I hold both Goldman Sachs and JPMorgan in my offshore portfolio, as I believe that having exposure to the home of capitalism can't hurt over the long term.
Our latest show in Magic Markets Premium is a detailed recap on Disney, which drove me to sell my shares after the recent rally. Why is that? Subscribers find out by accessing our entire research library for just R99/month. It pays to know what's going on out there - literally.
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Macroeconomic Update Volatility is on the rise based on recent geographical tensions, with increases in the VIX as just one indication. Safe haven assets like the dollar and gold are the winners in this situation. US treasury yields are trading higher across the curve, like the 2-year at 4.93%. Despite better-than-expected Chinese Q1 GDP data, risk-sensitive currencies like the rand remain on the back foot.
That GDP release certainly didn't hurt Brent Crude though, which remains above $90.
Key indicators: USD/ZAR R19.02; US 10-year 4.61%; Gold $2,387; Platinum ZAR R18,430; Brent Crude $90.54
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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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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