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Good Morning Voornaam,

As you plan for next week, be sure to include the next Unlock the Stock session in your diary on Thursday 24th at midday. In very exciting news, Barloworld is coming onto the platform to help retail investors understand more about the story. You can hear directly from CEO Dominic Sewela and you can ask him questions about the business. Brought to you by A2X, this is a wonderful learning opportunity. You simply need to register for the event here>>>

If you missed the fireside chat with the TreasuryONE team, you can watch the recording of this excellent webinar. It was a highly interactive Q&A session, starting with China and ending with the Big Mac Index. I highly recommend watching it here>>>

This was a fun week of updates, with Ghost Wrap as the most efficient way to get on top of them. Brought to you by Mazars, this whirlwind podcast needs just a few minutes of your time to update you on Grindrod, Impala Platinum, Merafe, Resilient, NEPI Rockcastle, Santam and Sun International. Find it here>>>

If you're in the mood for a longer podcast, then give Magic Markets a try. Craig Antonie of AnBro Capital Investments joined us to talk about "Bessie" - an interesting European semiconductor stock that probably isn't on your radar. In case you're wondering, the nickname is from the stock ticker $BESI. Listen to it here>>>

I've got a podcast coming up soon with Nico Katzke of Satrix. He is a great source of market knowledge and insightful views. To enjoy an example of his work, you can read his article on how styles can be factored into ETFs. Find it here>>>

Standard Bank waves its flag

In case you hadn't noticed before, the Standard Bank logo is a flag. It's certainly being waved with pride at the moment, with earnings up by a whopping 35%. This is a powerful environment for banking, with the particularly interesting element of Standard Bank's performance being the juicy numbers coming out of the African operations. Even on a busy day of news, this was the standout story for me.

Other news came in from Aveng with a truly horrible period (the market had been warned in advance), Alphamin with quarterly reporting (the inspiration for my chart of the day), results from various mining houses and related entities (DRDGOLD / Exxaro / Gold Fields / Master Drilling), a trading statement from Oceana and results from Sabvest including full details of its portfolio.

I do the hard yards on SENS so that you don't have to. For an easil y digestible view on the local market, read Ghost Bites here>>>

Friday means one thing: DealMakers

Friday is your opportunity to catch up on the week's corporate news through the DealMakers summaries. You can get up to speed on local M&A, local corporate finance and African deals.

The corporate finance team at RMB has also delivered a fantastic article this morning, providing an analysis on opportunities in the local industrial sector through the lens of a value investor framework. Read it here>>>

A breather for emerging markets

The rand dipped just below the big R19.00 level in afternoon trade, with the dollar losing ground against emerging market currencies even though the FOMC minutes pointed to concerns about inflation and the possibility of more hikes. In data news, the pending inflation print in Japan could be a source of further weakness for the Yen, with a 2.5% market expectation.

Don't miss the recording of yesterday's fireside chat, available here>>>

Have a lovely weekend!

Ghost Bites (Aveng | Alphamin | DRDGOLD | Exxaro | Gold Fields | Master Drilling | Oceana | Sabvest | Standard Bank)

Standard Bank was arguably the biggest story of the day with very high earnings growth. There were several mining updates (Alphamin, DRDGOLD, Exxaro, Gold Fields and Master Drilling), with Aveng, Oceana and Sabvest also in the mix.

Fireside chat with TreasuryONE and The Finance Ghost

Wichard Cilliers and Andre Botha of TreasuryONE made themselves available for this excellent fireside chat, answering questions about everything from forex to interest rates. Watch the recording here.

Factoring in Styles in Smart Portfolios: Demystifying Quantitative Portfolios

Factor investing. Style investing. Smart beta. Quantitative index portfolios. Different names, but with the same simple idea. Nico Katzke of Satrix explains.

Finding M&A opportunities in the SA industrial sector through a value-orientated lens

Key principles in the investment approaches of well-known global value investors applied in a South African acquisition context.

Who's doing what this week in the South African M&A space?

Weekly summary of Merger & Acquisition activity by South African companies

Weekly corporate finance activity by SA exchange-listed companies

Weekly summary of corporate finance activity by South African exchange listed companies

Who's doing what in the African M&A space?

Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)

Ghost Wrap #39 (Grindrod | Impala Platinum | Merafe | Resilient | NEPI Rockcastle | Santam | Sun International)

Recapping a busy period this week, Ghost Wrap delivers a whirlwind update on Grindrod, Impala Platinum, Merafe, Resilient, NEPI Rockcastle, Santam and Sun International. This podcast is brought to you by Mazars.

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Magic Markets Ep137: BESI - your new semiconductor bestie

BESI is the semiconductor stock you've never heard of. With exciting new technology coming out of the company, Craig Antonie of AnBro Capital Investments helped put it on our radar on Magic Markets. Learn about the stock in this show.

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Ghost Stories #18: Spotlight on Bond ETF Investments with Siyabulela Nomoyi (Portfolio Manager at Satrix)

Equity ETFs dominate the narrative among investors, particularly retail investors. Fixed income or bond ETFs are often ignored, which is a pity now that yields have picked up. With Siyabulela Nomoyi of Satrix, we put the spotlight on bond ETFs.

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Help - I built an unsellable business!

Mike Finger was 10 years into building a business that had 50 employees. Despite this, it was unsellable. He spoke to me about his incredible learnings from this and how he now helps entrepreneurs sell their businesses. Founders, don't miss this!

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