Morning Note

Morning Note – 5 October 2018

GET TO KNOW YOUR COMPANIES EOH Holdings Limited (JSE: EOH) EOH published their annual results for the year ended 31 July 2018 on the 3rd of October. Revenue from continuing operations increased by 8%, diluted headline earnings per share declined to 276 cents per share (FY17: 808 cents per share) and the board decided not […]

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 […]

Morning Note

Morning Note – 16 July 2018

SENS Summary MTN Group Limited (MTN) MTN disposed of its 100% stake of MTN Cyprus to Monaco Telecom S.A. for approximately R4.1bn. Stenprop Limited (STP) Stenprop has acquired Estuary Court, an industrial estate in Newport, South Wales, for £3.1 million, which reflects a net initial yield of 7.6%. Current Forex ZAR/USD : 13.24 ZAR/GBP : […]

Morning Note

Morning Note – 26 June 2018

SENS Summary Kumba Iron Ore Limited (KIO) Kumba released a trading statement for the six months ending 30 June 2018. The company advised shareholders that headline earnings per share and earnings per share for the six-month period will be at least 20% lower than the prior period. Echo Polska Properties N.V (EPP) EPP released their […]

Morning Note

Morning Note – 1 June 2018

GET TO KNOW YOUR JSE COMPANIES Barloworld Ltd (BAW) Barloworld recently reported their interim results for the six months ended 31 March 2018. Their revenue increased by 1%, total HEPS increased by 32% and they declared an interim dividend of 145 cents per share. Click here to download our equity report on the Company. SENS […]

Morning Note

Morning Note – 22 May 2018

SENS Summary Finbond Group Limited (FGL) Finbond released a trading statement for the year ended 28 February 2018. The company advised shareholders that headline earnings per share is expected to be between 68.8% – 88.7% higher than the prior year. Cargo Carriers Limited (CRG) Cargo Carriers released a trading statement for the year ended 28 […]

Morning Note

Morning Note – 8 May 2018

SENS Summary Kaap Agri Limited (KAL) Kaap Agri reported their interim results for the six months ended 31 March 2018. Revenue increased by 5.4% to R3.4 bil, with like-for-like comparable sales increasing by 2.9%. Headline earnings per share grew by 7.2% to 223.12 cents per share and the interim dividend per share increased by 8.8% […]

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 – 28 February 2018

  28 February 2018 SENS Summary   Grindrod Limited (GND) GND released a trading statement for the year ended 31 December 2017. The company advised shareholders that the headline loss is expected to be between R346 mil ad R366 mil, which is a decrease of between 25% and 20% compared to the loss in the […]

Morning Note

Morning Note – 14 February 2018

SENS Summary   PSG Group Ltd (PSG) Executive (PJ Mouton) and non-executive (JF and JJ Mouton) purchased 5 604 PSG shares in the market on Friday and Monday.   Torre Industries Limited (TOR) Torre Industries released a trading statement for the six months ended 31 December 2017. They advised that headline earnings per share (HEPS) for […]

Morning Note

Morning Note – 4 September 2017

SENS Summary Hyprop Investments Limited (HYP)​ Hyprop published their results for the year ended 30 June 2017. Their revenue increased by 3%, profit for the year decreased by 1%, earnings increased marginally 0.2%, headline earnings increased by 14% and their dividend per share increased by 8% to 347.8 cents per share.   Oceana group limited […]

Morning Note

Morning Note – 17 July 2017

SENS Summary Merafe Resources Limited (MRF) Merafe released a production report and trading statement for the six months ended 30 June 2017. They expect their EPS and HEPS to be between 17.9 cents and 20.9 cents for the six month period (2.3 cents for the comparative period in 2016). This increase is mainly due to higher […]

Morning Note

Morning Note – 20 June 2017

SENS Summary Mpact Limited (MPT) Mpact released a trading statement for the 6 months ended 30 June 2017. They expect their HEPS to decrease between 55% and 74%, EPS to decrease between 55% and 74%. These decreases are mainly due to the lower sales volumes in the paper and plastics converting businesses as well as […]

Morning Note

Morning Note – 22 May 2017

SENS Summary Pioneer Food Group Ltd (PFG) Pioneer released unaudited interim financial statements for the six months ended 31 March 2017. Adjusted HEPS and EPS decreased with 47% and 56% respectively. Gross profit is down with 16% as a result of the significant raw material cost increases.   Grand Parade Investments Limited (GPL) ​Grand Parade […]

Morning Note

Morning Note – 5 May 2017

SENS Summary Pioneer Food Group Limited (PFG) The company expects their adjusted headline earnings per share to be between 44% and 49% lower for the six months ended 31 March 2017 compared to the same period in the previous year. Their earnings per share and headline earnings per share is expected to decrease between 53 […]

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 […]

Markets & Equities Trading Updates

Let it rain

In 1943, A.H. Maslow said that “it is quite true that man lives by bread alone – when there is no bread.” Such a simple statement, and yet so incredibly true. As human beings, our most basic need is our need for food. Without it, we will face starvation and ultimately perish.  And it is […]