Description

Simon Shares

• Still stage 6. Rand continues to weaken.
• Naspers (JSE code: NPN) and Prosus (JSE code: PRX) both are holding well after the hard run the previous Monday on results and buy-back news.
• Resources under pressure, all of them.
• Supply chains adjusting
  • • Just in time is now just in case
    • Higher inventories
    • Higher costs
    • More localisation

Upcoming events;

• 13 July ~ To short or not to short with Markets.com
• 14 July ~ JSE Power Hour: Building a resilient portfolio for tough markets