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 […]

Morning Note

Morning Note – 8 September 2017

SENS Summary ​FirstRand Limited (FSR) FirstRand published their audited results for the year ended 30 June 2017. Their basic and diluted normalised EPS increased by 7%, normalised NAV increased by 9%, dividend per share increased by 13% and their Return on Equity is currently trading at 23.4% (2016: 24%).   Spur Corporation Limited (SUR)​ ​Spur […]

Morning Note

Morning Note – 30 August 2017

SENS Summary RCL Foods Limited  RCL released their financial results for the year ended June 2017. Their revenue decreased by 0.3%, headline earnings decreased by 34.1%, normalised headline earnings decreased by 7.7%, EBITDA decreased by 0.8%, cash generated by operations increased by 56.8% and they declared a final dividend of 20 cents per share (same […]

Morning Note

Morning Note – 26 April 2017

SENS summary Afrimat Limited (AFT) The company announced that they expect their earnings per share to increase between 22 and 27% and headline earnings per share to increase with the same percentage points.   Investec Limited (INL) ​Coronation decreased their holding in Investec to 2.978%   Capital and Counties Properties PLC (CCO) Coronation increased their […]

Morning Note

Morning Note – 7 April 2017

SENS Summary *Brimstone (BRN, BRT) Brimstone reported there Intrinsic NAV as at 31 March 2017. The fully diluted Intrinsic NAV per share was reported at R19.52 representing a discount of 30.5% to the ordinary shares. *Woolworhts Holdings Limited (WHL) JP Morgan reduced there shareholding from 5.36% to 4.07% in Woolworths.   Current Forex ZAR/USD : […]

Economy Markets & Equities

Investment lessons from the Oroville Dam disaster

A very interesting story was unfolding in California, USA as I was writing this week’s article. Among the many interesting sights in the USA, you will find the Oroville Dam, which at a height of 235m, is officially the highest dam in the USA. In 2013, however, a crack in one of the dam’s main […]

Economy Markets & Equities

The Rand, possible downgrade and politics creates opportunity to invest in banks

In my previous Finweek article (21 October 2016) I referred to investors who often find salvation in high dividend-yielding stocks. I specifically discussed why it’s better to identify those investments which can give you both an income and growth over time as opposed to selling units on a regular basis to supplement your income. When […]

Economy Financial Planning Portfolio DIY

Building your portfolio like a pro – Part 2

I always try to provide my clients with as many tools and aids as possible whenever I release a report, in order to help them to make the best possible decisions regarding their investment portfolios. This also encourages me to go back in time every now and then, to evaluate which models and tools were […]

Markets & Equities

Last season’s fashion trends

I find fashion trends quite amusing. In the early 1990’s, Paisley shirts formed part of almost every man’s wardrobe. Ten years later we couldn’t believe that we just had to have those ‘horrible’ curls and swirls, but at the time it was a fashion trend and we didn’t dare to be different. Towards the end […]

Trading Updates

Speculative Buy: Petmin Limited (Share Price: R1.18)

About: Petmin is a junior mining company with its only cash generating asset being Somkhele, a metallurgical anthracite mine situated in KwaZulu-Natal. The NAIC (North Atlantic Iron Corporation) is a development stage industrial company established to produce low-cost merchant pig iron. The construction of the first plant based in Saguenay, Quebec will commence during the […]