Morning Note

Morning Note – 7 August 2018

SENS Summary Nedbank Limited (NED) Nedbank released their interim result for the six months ended 30 June 2018. Headline earnings per share increased by 27%, ROE improved to 18.4% and the interim dividend per share increased by 13.9%. Tongaat Hulett Limited (TON) Tongaat Hulett announced that the retirement of its CEO has been moved forward […]

Morning Note

Morning Note – 26 July 2018

SENS Summary AECI Limited (AFE) AECI released their interim results for the half-year ended 30 June 2018. Consolidated revenue increased by 24%, headline earnings per share increased by 19% and the interim gross dividend increased by 8% to 149 cents per share. AVI Limited (AVI) AVI released a trading statement for the year ended 30 […]

Morning Note

Morning Note – 2 August 2017

SENS Summary Nedbank Group Limited (NED) Nedbank released their interim financial results for the six months ended 30 June 2017. Their diluted HEPS, including the group’s share of the loss from ETI, decreased by 3.7%. Excluding ETI, their diluted HEPS increased by 5.9%. ROE (excl ETI) increased from 18.4% to 18.9%. The Group’s NAV increased […]

Morning Note

Morning Note – 31 July 2017

SENS Summary Royal Bafokeng Platinum Limited (RBP) RBP released a cautionary announcement in which they stated that they submitted a conditional non-binding expression of interest in respect of a potential transaction with Platinum Group Metals Limited (PTM) relating to its Maseve Business.   Hulamin Limited (HLM) Hulamin released their interim results for the half-year ended […]

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 […]

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 : […]

Markets & Equities Portfolio DIY

A team that can score and defend

With exciting prospects of a Rugby World Cup later this year, I was encouraged to show that I too can choose a winning team for the moderate investor. I won’t be using rugby players, of course, but rather investments that you can consider when building your own balanced portfolio. Props They are usually the heaviest […]