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Good Morning Voornaam,

Are you interested in Capital Appreciation or Spear REIT? The next Unlock the Stock event is scheduled for Thursday at midday and as always, attendance is free thanks to our partner A2X. Put on your equity analyst hat for an hour by registering for the event here>>>

To see what this is all about, you can now watch the recording of the last Unlock the Stock event that featured PBT Group and a discussion on the latest results and strategic outlook. Find i t here>>>

In the latest article from Satrix, you can learn about the various ETFs that the group offers to investors who are looking for sustainable / ESG-themed investment products. This ranges from the MSCI World ESG ETF through to the Healthcare Innovation ETF and Smart City Infrastructure ETF. There's some good stuff in this article about ETFs in general. Learn more here>>>

For the podcast enthusiasts, here are your options:

In the latest Ghost Wrap podcast, brought to you by Mazars, I covered eight companies in approximately as many minutes. This included industrial play ers Bell Equipment, Invicta and Sasol. Tharisa was there from the mining sector, with Bytes Technology and Absa adding more sectors to the mix. Finally, there were property updates from Accelerate Property Fund and RMB Holdings. Get everything you need to know in this podcast>>>
In Magic Markets, we dragged Wandile Sihlobo out of a sitting of President Ramaphosa's Presidential Economic Advisory Council to record this podcast with us. For discussion topics ranging from the impact of weather through to how lucrative it still is to stay and farm in South Africa, listen to Episode 133 here and increase your knowledge of the agriculture industry>>>

ArcelorMittal got smoked

A 42.7% drop in one day. That's when the fun very quickly stops in the market. After the ArcelorMittal CFO ran for the hills, a huge headline loss was the gift waiting for shareholders. Load shedding really hurts this business, particularly as it impacts demand from major steel consuming industries in South Africa. With major fixed costs in the system, a drop in sales can quickly caus e profits to evaporate. With a comment like a "weaker-for-longer" steel environment, investors ran for the exit.

Other updates included Coronation's AUM, Kore Potash's quarterly report, Indluplace's clean-out distribution before the SA Corporate Real Estate buyout, Sebata's results and Tsogo Sun's odd-lot offer.

As always, get everything you need with a single click in Ghost Bites>>>

Ongoing momentum in the rand

Despite US retail numbers coming in lower than expected (0.2% vs. 0.5%), the US dollar traded a little stronger. This would normally hurt the rand, yet our currency set its sights on testing the R17.80 level. The gold price also reacted positively to the retail sales update.

TreasuryONE notes that the rand's resolve could be tested with the MPC rate decision on Thursday. The rand could be a victim of the old adage: buy the rumour, sell the fact.

Have a good day!

Ghost Bites (ArcelorMittal | Coronation | Kore Potash | Indluplace | Sebata | Tsogo Sun)

ArcelorMittal got smoked on the market on Tuesday. Coronation updated the market on AUM, Kore Potash on the Kola project, Indluplace on its distribution, Sebata on earnings and Tsogo Sun on an odd-lot offer.

Unlock the Stock: PBT Group

PBT Group returned to the Unlock the Stock platform to update investors on the recent results and the strategic outlook.

Sustainable Investing 101: Investing with Impact for a Better World

At Satrix, we have a range of funds that support investors who wish to invest sustainably.

Ghost Global: Go Big or Go Bolt-On

Used correctly, bolt-on acquisitions can be a wonderful way to grow. The deal prices make a huge difference to success, as does having a coherent strategy. Salesforce and Home Depot are useful examples.

Magic Markets Ep133: Weather, Wheat and Wandile Sihlobo

Agriculture expert Wandile Sihlobo joined us to talk about the impact of weather, the performance of the local agriculture industry and whether it remains lucrative for farmers.

Listen Now

Ghost Wrap #33 (Bell Equipment | Invicta | Tharisa | Sasol | RMB Holdings | Accelerate Property Fund | Bytes Technology | Absa)

There was important news from various industrial players like Bell, Invicta and Sasol. Absa gave an important outlook on banking. Also look out for updates from Tharisa, RMB Holdings, Accelerate Property Fund and Bytes.

Listen Now

Ghost Stories #17: Investing with Impact (with Grant Field, CEO Fedgroup)

Grant Field, CEO of Fedgroup, joined me to talk about their impact investing platform and how this offers and exciting and accessible entry point into alternative assets. I highly recommend giving this a listen.

Listen Now

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