Quick links: -
Bell Equipment got the market excited with its trading statements and then dished out the nasty surprise of no dividend. Also look out for important updates from Ascendis, Emira, Heriot, Renergen, RMB Holdings, Workforce and York Timber. There's a vast array of Little Bites, as many companies tried to get news out before the Easter weekend. All this and more in Ghost Bites, brought to you by Fedgroup. -
Taylor Swift's incredible success isn't news to you, but why do we treat individual success differently to corporate success? After all, isn't there a point at which a person becomes a business? Dominique Olivier takes a look at the Microsoft of Musicians in this excellent article>>> -
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 Lululemon and FedEx as great examples of offshore companies that should always be on your radar to learn more about.
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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 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: The Microsoft of Musicians: Taylor Swift
(by Dominique Olivier) |
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When a person becomes wildly successful, we talk about luck and upbringing. When a company is worth billions, we talk about strategy.
But is a megastar like Taylor Swift really so different to a business? Dominique Olivier brings you this excellent article>>> |
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Local company news:
Ghost Bites is brought to you by Fedgroup.
Bell Equipment got people very excited with two trading statements that highlighted a juicy jump in HEPS. Some cold water was poured on that exuberance with the release of results though, as there's no dividend for shareholders. The problem? From what I can see, it's as much about the balance sheet moves in the latest period as it is about the working capital forecasts.
At Ascendis, the group is finally profitable again. There are important adjustments to work through and understand, but the direction of travel is clearly positive. What will this mean for the take-private offer on the table and the willingness of shareholders to accept it?
We also saw property updates coming in from Emira and Heriot. In these sorts of companies, the balance sheet is always just as important as the results from the properties themselves. RMH Holdings is also relevant in this sector.
You can also check out the latest from Renergen, Workforce and York Timber as well. I must encourage you to work through the Little Bites section, as a vast number of companies got announcements out before the Easter weekend.
Everything you need is in Ghost Bites at this link>>>
To help you form your own view on the value of WeBuyCars, you can watch the recording of their recent appearance on the Unlock the Stock platform.
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>>>
You can also catch my most recent Namibian radio segment dealing with Spar, Barloworld, Nampak, ADvTECH and MTN at this link>>>
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LISTEN: Magic Markets podcast |
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In Episode 168 of Magic Markets, we delved into the most recent updates from Lululemon and FedEx. Both of these companies should always be on your radar to learn more about, as they represent exciting offshore opportunities that dish up share price volatility.
As always, volatility means opportunity.
Magic Markets is a great way to expand your reach to global opportunities. Listen to the show here. |
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Macroeconomic Update The dollar is trading near the highest levels seen in recent months after US ISM Manufacturing PMI printed well above estimates - the first expansion in ISM Manufacturing since September 2022. US Treasury Yields have bounced, with the two-year above the 4.7% mark.
Gold hit a new record high of $2,265.49 yesterday before slipping back to close slightly lower. The stronger PMI numbers also gave a boost to oil demand expectations, causing a rise in Brent Crude prices.
Key indicators: USD/ZAR R18.93; US 10-year 4.31%; Gold $2,256; Platinum ZAR R17,161; Brent Crude $87.84
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:
I've made mention of Home Depot a couple of times before here. The company is pushing harder and harder into the professional side of the market, targeting repeat customers who bring a much higher lifetime value than the occasional DIY enthusiast.
The latest news in this strategy is that Home Depot is acquiring SRS Distribution in a mammoth $18.25 billion deal. This is highly complementary to the other strategic initiative underway around the opening of distribution centres to stock large quantities of items that pros needs on a regular basis. CNBC reports that this is the largest acquisition in Home Depot's history.
This is just one example of the global giants that we cover in detail in Magic Markets Premium. Our latest report is a recap on Ferrari. 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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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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