Morning Note

Morning Note – 30 July 2018

SENS Summary Massmart Holdings Limited (MSM) Massmart released an updated trading statement for the six months ended 1 July 2018. Headline earnings per share are expected to decrease by between 16% and 26% compared to the 2017 financial year HEPS of 168.5 cents per share. Stenprop Limited (STP) Stenprop has acquired two industrial estates in […]

Morning Note

Morning Note – 20 July 2018

GET TO KNOW YOUR COMPANIES Brookfield Asset Management Inc (NYSE:BAM) Brookfield is an alternative asset manager company listed on the New York stock exchange. They released an interim report for the first quarter of 2018 ended 31 March 2018. Their revenue increased by 110%, funds from operations increased by 74% and they increased their interim […]

Morning Note

Morning Note – 25 May 2018

GET TO KNOW YOUR JSE COMPANIES AECI Ltd (AFE) AECI’s results for the year ended 31 December 2017 showed an increase in profit from operations of 18%, an increase in EBITDA of 11% and headline earnings per share rose by 17.2% to 959 cents. Click here to download our equity report on the AECI. SENS […]

Morning Note

Morning Note – 19 April 2018

SENS Summary Pioneer Food Group Limited (PFG) Pioneer Foods released a trading statement for the six months ended 31 March 2018. Headline earnings per share is expected to be between 305.5 cents and 329.9 cents per share, representing an increase of between 25% and 35%. Pick N Pay Store Limited (PIK) Pick N Pay reported […]

Morning Note

Morning Note – 22 February 2018

  22 February 2018 SENS Summary   Santam Limited (SNT) SNT released a trading statement for the year ended 31 December 2017. Headline earnings will be between 29% and 34% higher than the comparative period in 2016. Earnings per share is expected to be between 35% and 40% higher.   Woolworths Holdings Limited (WHL) Woolworths […]

Morning Note

Morning Note – 18 July 2017

SENS Summary AECI Limited (AFE) AECI released a trading statement for the half-year ended 30 June 2017. They expect their HEPS and EPS to increase between 30% and 35% respectively. The lower HEPS and EPS figures in the prior year were mainly due to the settlement cost of AECI’s post-retirement medical aid liability. The post-tax effect […]

Financial Planning Portfolio DIY

Following a focused investment strategy in 2017

The fact that the FTSE/JSE All Share Index barely delivered any returns in the last two years, shows us that when it comes to managing a personal share portfolio, it’s often wise to stick to specific themes. The easiest way to do this, is to manage your share portfolio in the same way that you […]