Trading Ideas

Coronation…a recovery on steriods currently

$JSECML…a recovery on steriods currently by SchalkLouw on TradingView.com Great recovery coming from Coronation, with another +/- 5% run again today, bringing the YTD performance now to double-figures. After the 20-day moving average broke above the 50-day on the 4th of March, the trend definitely became a bit stronger and now look a lot healthier. […]

Equity reports

Get to know your JSE companies: CORONATION FUND MANAGERS (JSE: CML)

Coronation Fund Managers Limited is a South African investment-led, owner-managed business. The company is an active investment manager that focuses on fund management for both the Institutional and Retail client markets. Their total AUM declined by 4.4% for the 2018 financial year, while average AUM increased by 3.1%. Total revenue declined 2% to R3.84bn (2017: […]

Economy

No Turkish Delight for the South African Rand

If you have a trip scheduled to Turkey, recent developments could mean that you end up paying less than you bargained for. Something like a local beer, according to Numbeo.com, would have cost you around R27.20 in Istanbul during December 2017, while the very same beer would have cost you only R17.42 as at 13 […]

Markets & Equities Portfolio DIY

10 shares with potential for high dividend yields

I don’t want to sound like a Masterchef contender, but we all know that you can bake an amazing bread with a relatively small piece of dough. This is possible, because prior to baking, the dough should be left to rise properly in the oven, and then baked to perfection. If you (like me) become […]

Morning Note

Morning Note – 20 August 2018

SENS Summary Harmony Gold Mining Limited (HAR) Harmony released a trading statement for the year ended 30 September 2018. Headline earnings per share are expected to be between 164 and 179 cents – a year on year decrease of approximately 40% to 45%. Libstar Holdings Limited (LBR) Libstar released a trading statement for the six […]

Morning Note

Morning Note – 25 July 2018

SENS Summary Coronation Fund Managers Limited (CML) Coronation advised shareholders that the Group’s total assets under management as at 30 June 2018 were R602 billion (2017: 579 billion). Hammerson Plc (HMN) Hammerson released their interim results for the half year ended 30 June 2018. Adjusted earnings per share remained unchanged at 15.1 pence per share. […]

Morning Note

Morning Note – 28 May 2018

SENS Summary Hulamin Limited (HLM) Hulamin released a trading statement for the six months ending 30 June 2018. The company advised shareholders that headline earnings per share will be at least 55% lower than the prior comparative period of 56 cents per share, resulting in a headline earnings no higher than 25 cents per share. […]

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 […]

Morning Note

Morning Note – 17 May 2018

SENS Summary Transaction Capital Limited (TCP) Transaction Capital published their interim results for the half year ended 31 March 2018. Diluted and headline earnings grew by 28.6%, net interest income increased by 19.1% and the group declared an interim dividend of 21 cents per share (2017 1H : 15 cents per share). Santova Limited (SNV) […]

Morning Note

Morning Note – 11 May 2018

GET TO KNOW YOUR JSE COMPANIES Coronation Fund Managers Ltd (CML) Coronation announced that as 31 March 2018 their total assets under management was R588 billion. Click here to download our equity report on the Company. SENS Summary Transaction Capital Limited (TCP) TCP released a trading statement for the half year ended 31 March 2018. […]

Morning Note

Morning Note – 7 May 2018

SENS Summary Calgro M3 Holdings Limited (CGR) Calgro M3 released a trading update for the 12 months ended 28 February 2018. The company expects headline earnings per share of between 87.46 and 92.78 cents, being a decrease of between 30.28% and 34.28% compared to the previous corresponding period. RECM and Calibre Limited (RACP) RECM and Calibre […]

Morning Note

Morning Note – 30 April 2018

SENS Summary Coronation Fund Managers Limited (CML) Coronation advised shareholders that the group’s total assets under management as at 31 March 2018 was R588 billion (R616 billion as at the end of December 2017). Stefanutti Stocks Holdings Limited (SSK) Stefanutti released a trading statement for the year ended 28 February 2018. Earnings per share is expected […]

Morning Note

Morning Note – 25 August 2017

SENS Summary Adcock Ingram Holdings Limited (AIP) Adcock published their annual results for the year ended 30 June 2017. Their turnover increased by 7%, Gross profit increased by 10%, Trading Profit increased by 20%, HEPS increased by 37% and their dividend per share increased by 34% to 139 cents per share.   Ascendis Health Limited […]

Morning Note

Morning Note – 11 August 2017

SENS Summary Glencore plc (GLN) Glencore released their 2017 half-year report. Their adjusted EBITDA and EBIT increased by 68% and 334% respectively, Net Debt decreased by 10.3% and EPS increased to 0.17 US dollars (-0.03 in 2016).   Liberty Holdings Limited (LBH) Allan Gray informed Liberty that their clients, in aggregate, increased their stake in […]

Morning Note

Morning Note – 26 May 2017

SENS Summary The Foschini Group Limited (TFG)  Foschini released financial statements for the year ended 31 March 2017. Turnover increased by 11.6%, HEPS excluding acquisition costs (TFG has acquired 100% of the share capital of Retail Apparel Group (Pty) Ltd (RAG) amounting to AUD302.5 million) is up 4.1%, Dividend per share increased by 4.2% and […]

Morning Note

Morning Note – 23 May 2017

SENS Summary Rhodes Food Group Holdings Limited (RFG) RFG released interim results for the six months ended 2 April 2017. Their turnover increased with 8.2%, Profit after tax increased with 14.6%, Headline earnings increased with 15.9%.   Coronation Fund Managers (CML) ​Coronation published interim results for the six months ended 31 March 2017. Revenue decreased […]

Economy Markets & Equities

How to do what the big shots are doing

Some of the most interesting things in my weekly columns aren’t necessarily the data and figures I supply, but rather the little wisdoms that come with them. I recently read through some of my old reports and I found it quite striking how many times I have mentioned my two (then very young) daughters in […]