Trading Ideas

BATS and the dreaded Canadian ruling

$JSEBTI and the dreaded Canadian ruling by SchalkLouw on TradingView.com So, the Canadian court ordered British American Tobacco PLC ( LSE:BATS ), Philip Morris International Inc. ( NYSE:PM ) and Japan Tobacco Inc. ( TSE:2914 ) to pay $12.5 billion in damages to Quebec smokers after a 17-year legal battle, in the latest case to shock the global tobacco industry. This could see […]

Morning Note

Morning Note – 1 October 2018

SENS Summary Texton Property Fund Limited (TEX) Texton released their financial results for the year ended 30 June 2018.Revenue was 1.6% lower than the prior financial year, net tangible asset value declined by 15% to 781.93 cents per share and a dividend of 41.36 cents per share has been declared (2017: 54.85 cents per share). […]

Morning Note

Morning Note – 27 July 2018

GET TO KNOW YOUR JSE COMPANIES AECI Ltd (AFE) AECI released their financial results for the half year ended 30 June 2018 earlier this week. Their revenue increased by 24%, profit from operations increased by 35%, headline earnings per share increased by 19% and their interim dividend per share increased by 8% to 149 cents. […]

Morning Note

Morning Note – 21 June 2018

SENS Summary Sephaku Holdings Limited (SEP) Sephaku released a trading statement for the year ended 31 March 2018. The company advised that headline earnings per share (HEPS) for the twelve-month period will be between 40% to 32% lower than the prior period. Mondi Limited (MND, MNP) Mondi Group announced the it has completed the acquisition […]

Morning Note

Morning Note – 13 June 2018

SENS Summary Stor-Age REIT (SSS) Stor-Age reported their annual results for the year ended 31 March 2018. Like-for-like growth in rental income rose by 10.6%, the net asset value increased by 8.13% to R11.57 and the group declared a final dividend of 50.81 cents per share (2017 : 45 cents per share). The board anticipates […]

Morning Note

Morning Note – 23 May 2018

SENS Summary Wescoal Holdings Limited (WSL) Wescoal released a trading statement for the year ended 31 March 2018. The company advised shareholders that headline earnings per share is expected to increase by at least 303% to 45.5 cents per share (2017: 11.3 cents per share). The increase in profitability realised from the recent acquisition of […]

Equity reports

GET TO KNOW YOUR JSE COMPANIES: British American Tobacco (BTI)

On the 25th of July 2017 the group acquired the remaining 57.8% it didn’t already own of Reynolds American Inc. for a total consideration of £41.8 billion in a combination of cash and ordinary shares. This was the largest merger in the tobacco industry and made British American Tobacco the world’s biggest tobacco company. Read […]

Morning Note

Morning Note – 6 April 2018

GET TO KNOW YOUR JSE COMPANIES British American Tobacco Plc (BTI) British American Tobacco’s share price recently started to make a recovery after the sell-off since November 2017. Click here to view our equity report on the Company. SENS Summary Consol Holdings Limited (CNH) Consol Holdings announced its intention to list its ordinary shares on […]

Morning Note

Morning Note – 3 April 2018

SENS Summary   Group Five Limited (GRF) Group Five Limited released a trading statement for the 6 months ended 31 December 2018. The group advises that it expects to report a headline loss of approximately 779 cents per share. This represents a 151% increase in the headline loss per share when compared with the prior period. […]

Morning Note

Morning Note – 8 March 2018

SENS Summary   Sanlam Limited (SLM) Sanlam reported their full year results for the year ended 31 December 2017. The group’s equity value per share increased by 10% to R59.40, diluted headline earnings per share decreased by 1% to 481.3 cents per share (2016: 488.1 cents per share) and the dividend per share increased by […]

Morning Note

Morning Note – 13 February 2018

/style>   13 February 2018 SENS Summary   KAP Industrial Holdings Limited (KAP) KAP released their unaudited results for the six months ended 31 December 2017. Revenue from continuing operations increased by 29%, operating profit from continuing operations were 25% higher and headline earnings per share from continuing operations increased by 11%.    Metair Investments […]

Markets & Equities

The ongoing search for diamonds in our market

I have previously said that if you want to manage a successful share portfolio, you have to follow the same basic principles as the old diamond miners who carefully had to pick through a sifting pan full of pebbles to find the ultimate reward: that ever-elusive diamond. Each investment expert has his own ‘pan’. Some […]