Equity reports

GET TO KNOW YOUR JSE COMPANIES: Remgro Limited (REM)

Remgro released their unaudited interim results for the six months ended 31 December 2017 on the 15th of March. The intrinsic net asset value per share increased by 5.7% from R251.48 as at 30 June 2017 to R265.84 at 31 December 2017. Read our full summary: Click here

Morning Note

Morning Note – 12 September 2017

SENS Summary ​Remgro Limited (REM) ​Remgro released a trading statement based on the results for the year ended 30 June 2017. They expect their HEPS to increase between 31% and 35% (mainly due to a positive fair value adjustment of R687 million, relating to the decrease in value of bondholders’ exchange option of the exchangeable […]

Markets & Equities

Investment opportunities: the glass is filling up slowly but surely

In 1988 investors strongly questioned Warren Buffett’s abilities when he decided to invest in Coca-Cola. The company’s intrinsic value at that stage totalled $9.2 billion, while its market capitalisation totalled $14.8 billion. Buying shares this expensive didn’t form part of Buffett’s philosophy, or did it? Without going into too much detail, he purchased 6.3% of […]

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 […]

Markets & Equities Trading Updates

Remgro, the all-in-one share

I will never forget how revolutionary Pantene 2-in-1 shampoo (shortly followed by the well-known Dimension 2-in-1 shampoo) became in the late eighties. Before then, you were forced to purchase shampoo and conditioner in separate containers if you needed those products. The invention of 2-in-1 shampoo wasn’t only a matter of convenience for consumers who could […]