Shows
WorldWide Markets with Simon BrownHyperscaler Results, Berkshire's Cash Pile and Fuel Pain Hyperscaler results from Microsoft, Amazon and Alphabet produced numbers that almost don't seem real — combined remaining performance obligations of $1.46 trillion and Q1 capex of $112 billion. Simon unpacks where that money is going, why copper is the quiet beneficiary, and which JSE stocks give exposure. Berkshire Hathaway is sitting on $380 billion in cash, roughly 38% of its market cap — a meaningful drag while US markets sit at highs. The memory makers — Samsung, SK Hynix and Micron — are choosing pricing power over capacity, with SK Hynix on a forward PE of 4.5. Closer to home...
2026-05-0520 minJSEDirect with Simon BrownHyperscaler Results, Berkshire's Cash Pile and Fuel Pain Hyperscaler results from Microsoft, Amazon and Alphabet produced numbers that almost don't seem real — combined remaining performance obligations of $1.46 trillion and Q1 capex of $112 billion. Simon unpacks where that money is going, why copper is the quiet beneficiary, and which JSE stocks give exposure. Berkshire Hathaway is sitting on $380 billion in cash, roughly 38% of its market cap — a meaningful drag while US markets sit at highs. The memory makers — Samsung, SK Hynix and Micron — are choosing pricing power over capacity, with SK Hynix on a forward PE of 4.5. Closer to home...
2026-05-0520 minWorldWide Markets with Simon BrownTim Cook Out, Tariff Refunds In, Markets Back At Highs US markets hit all-time highs this week even as $166 billion in Trump tariff refunds start processing — a windfall for retailers, but consumers who paid inflated prices at the till won't see a cent back. Tim Cook is stepping down at Apple with John Ternus taking over, Amazon is spending $11.57 billion to buy Globalstar and build a Starlink rival, and Netflix delivered Q1 results with a $2.8 billion Warner break fee buried in the numbers. Simon also breaks down the Fed Chair nomination battle, why market recoveries are getting faster, and the sixth anniversary of the day WT...
2026-04-2123 minJSEDirect with Simon BrownTim Cook Out, Tariff Refunds In, Markets Back At Highs US markets hit all-time highs this week even as $166 billion in Trump tariff refunds start processing — a windfall for retailers, but consumers who paid inflated prices at the till won't see a cent back. Tim Cook is stepping down at Apple with John Ternus taking over, Amazon is spending $11.57 billion to buy Globalstar and build a Starlink rival, and Netflix delivered Q1 results with a $2.8 billion Warner break fee buried in the numbers. Simon also breaks down the Fed Chair nomination battle, why market recoveries are getting faster, and the sixth anniversary of the day WT...
2026-04-2123 minWorldWide Markets with Simon BrownThe Hormuz "Blockade" Has Fine Print | So Does the SA Fuel CrisisUS results season opens with Goldman Sachs and Johnson & Johnson both beating expectations — but the more interesting story is what those results don't show yet: the full impact of Middle East conflict and Trump's drug pricing pressure. Simon also unpacks South Africa's looming fuel crisis and makes the economic case for working from home, a new 100% offshore ETF listing on the JSE from ETFSA, and an ASP Isotopes update for those holding a speculative position. FNB's FCA-mandated R11.9bn provision for undisclosed UK vehicle finance commissions gets a full breakdown, as does the nuanced reality of...
2026-04-1421 minJSEDirect with Simon BrownThe Hormuz "Blockade" Has Fine Print | So Does the SA Fuel CrisisUS results season opens with Goldman Sachs and Johnson & Johnson both beating expectations — but the more interesting story is what those results don't show yet: the full impact of Middle East conflict and Trump's drug pricing pressure. Simon also unpacks South Africa's looming fuel crisis and makes the economic case for working from home, a new 100% offshore ETF listing on the JSE from ETFSA, and an ASP Isotopes update for those holding a speculative position. FNB's FCA-mandated R11.9bn provision for undisclosed UK vehicle finance commissions gets a full breakdown, as does the nuanced reality of...
2026-04-1421 minJSEDirect with Simon BrownSA Retail Stocks: Where the Value Is Right NowSouth African consumer stocks have been hammered. In Episode 673 of WorldWideMarkets, Simon Brown works through the JSE's food and clothing retailers — Shoprite, Boxer, Pick n Pay, SPAR, Pepkor, Foschini Group, Mr. Price, Lewis, and Woolworths — asking where genuine value has emerged and where cheap simply means broken. He also sets the macro scene with Trump's Wednesday deadline on Iran peace talks and what a Straits of Hormuz transit fee would mean for oil prices and inflation. Stock by stock: valuations, analyst targets, dividend yields, and Simon's honest take on what he holds and why...
2026-04-0722 minWorldWide Markets with Simon BrownSA Retail Stocks: Where the Value Is Right NowSouth African consumer stocks have been hammered. In Episode 673 of WorldWideMarkets, Simon Brown works through the JSE's food and clothing retailers — Shoprite, Boxer, Pick n Pay, SPAR, Pepkor, Foschini Group, Mr. Price, Lewis, and Woolworths — asking where genuine value has emerged and where cheap simply means broken. He also sets the macro scene with Trump's Wednesday deadline on Iran peace talks and what a Straits of Hormuz transit fee would mean for oil prices and inflation. Stock by stock: valuations, analyst targets, dividend yields, and Simon's honest take on what he holds and why...
2026-04-0722 minJSEDirect with Simon BrownSix Space Stocks Reviewed, Which Ones Are Worth It?Simon reviews six listed space stocks ahead of the expected SpaceX IPO, which could debut above $2 trillion as early as June. Rocket Lab, AST SpaceMobile, Intuitive Machines, Firefly Aerospace, Planet Labs and Spire Global each get a SWOT breakdown, with the Procure Space ETF (UFO) as a diversified alternative. On the local front, the JSE Top 40 just posted its worst month since September 2008, falling roughly 10 percent from all-time highs. A massive petrol price increase takes effect at midnight. Simon discusses investing into a falling market, revisits the Algorithm Holdings AI hype collapse, and explains why CrowdStrike's CEO selling stock...
2026-03-3121 minWorldWide Markets with Simon BrownSix Space Stocks Reviewed, Which Ones Are Worth It?Simon reviews six listed space stocks ahead of the expected SpaceX IPO, which could debut above $2 trillion as early as June. Rocket Lab, AST SpaceMobile, Intuitive Machines, Firefly Aerospace, Planet Labs and Spire Global each get a SWOT breakdown, with the Procure Space ETF (UFO) as a diversified alternative. On the local front, the JSE Top 40 just posted its worst month since September 2008, falling roughly 10 percent from all-time highs. A massive petrol price increase takes effect at midnight. Simon discusses investing into a falling market, revisits the Algorithm Holdings AI hype collapse, and explains why CrowdStrike's CEO selling stock...
2026-03-3121 minJSEDirect with Simon BrownTariffs are Back with no Ceiling and Gold at $4,000WorldWideMarkets episode 671 covers the return of US tariffs through Section 301 investigations targeting South Africa and 60 other countries — with no rate ceiling and no court precedent to stop them. Simon unpacks the Iran war's tentative ceasefire talks, why Goldman Sachs revised its Brent forecast to $85, and what happens to oil and interest rates if the conflict drags on. Monday's sharp gold selloff gets a post-mortem: leveraged FOMO unwinds, Turkey tapping reserves, and profit-taking after a year of doubling. Two stock ideas round out the episode: Rocket Lab (RKLB) for pure-play space exposure and Franco Ne...
2026-03-2420 minWorldWide Markets with Simon BrownTariffs are Back with no Ceiling and Gold at $4,000WorldWideMarkets episode 671 covers the return of US tariffs through Section 301 investigations targeting South Africa and 60 other countries — with no rate ceiling and no court precedent to stop them. Simon unpacks the Iran war's tentative ceasefire talks, why Goldman Sachs revised its Brent forecast to $85, and what happens to oil and interest rates if the conflict drags on. Monday's sharp gold selloff gets a post-mortem: leveraged FOMO unwinds, Turkey tapping reserves, and profit-taking after a year of doubling. Two stock ideas round out the episode: Rocket Lab (RKLB) for pure-play space exposure and Franco Ne...
2026-03-2420 minJSEDirect with Simon BrownTrumps Tariffs Trashed, Now What? | Budget 2026🌍 World Wide Markets – Episode 667 📅 25 February 2026 | Hosted by Simon Brown Powered by Standard Bank Global Markets, Retail & Shyft ⚡ Eskom: 280 Days Without Load Shedding South Africa has now reached 280 days without load shedding. Standard Bank's electricity tracker report highlights that the last significant outages were 26 hours across April and May 2025, taking the effective streak back to 26 March 2024. After 17 years of load shedding since 2008, the energy availability factor and other key metrics are looking dramatically better. Credit goes to Eskom's operational improvements, industrial-scale solar and wind investment, and households with rooftop solar installations. 🇺🇸 Trump's Tariff Chaos: Supreme Court Ruling & What Comes Next...
2026-02-2419 minWorldWide Markets with Simon BrownTrumps Tariffs Trashed, Now What? | Budget 2026🌍 World Wide Markets – Episode 667 📅 25 February 2026 | Hosted by Simon Brown Powered by Standard Bank Global Markets, Retail & Shyft ⚡ Eskom: 280 Days Without Load Shedding South Africa has now reached 280 days without load shedding. Standard Bank's electricity tracker report highlights that the last significant outages were 26 hours across April and May 2025, taking the effective streak back to 26 March 2024. After 17 years of load shedding since 2008, the energy availability factor and other key metrics are looking dramatically better. Credit goes to Eskom's operational improvements, industrial-scale solar and wind investment, and households with rooftop solar installations. 🇺🇸 Trump's Tariff Chaos: Supreme Court Ruling & What Comes Next...
2026-02-2419 minWorldWide Markets with Simon BrownHyper Capex Spending | Junior Miner Pain🎙️ Worldwide Markets – Episode 665 📅 11 February | 🎧 Recorded Tuesday around lunchtime 💼 Powered by Standard Bank Global Markets & Shyft 🌍 This week in markets Massive hyperscaler CapEx is back in focus 💰🏗️ Markets appear calmer – the worst of the recent collapse may be behind us 😮💨 Bitcoin mining costs now around $70,000, putting pressure on miners ⛏️₿ A deep dive into junior miners – why so many of them struggle ⚒️📉 🏗️ Hyperscalers go full throttle 2025 CapEx spend near $380bn, well above expectations 2026 estimates push towards $660bn when Oracle is included The hyperscalers: Microsoft, Meta, Alphabet, Amazon ☁️ The "shovel sellers": Nvidia*, ASML*, TSMC 🧑🏭🪓 Key shift: these businesses are no longer asset-light Warning signs emerge as some stocks trade below th...
2026-02-1021 minJSEDirect with Simon BrownHyper Capex Spending | Junior Miner Pain🎙️ Worldwide Markets – Episode 665 📅 11 February | 🎧 Recorded Tuesday around lunchtime 💼 Powered by Standard Bank Global Markets & Shyft 🌍 This week in markets Massive hyperscaler CapEx is back in focus 💰🏗️ Markets appear calmer – the worst of the recent collapse may be behind us 😮💨 Bitcoin mining costs now around $70,000, putting pressure on miners ⛏️₿ A deep dive into junior miners – why so many of them struggle ⚒️📉 🏗️ Hyperscalers go full throttle 2025 CapEx spend near $380bn, well above expectations 2026 estimates push towards $660bn when Oracle is included The hyperscalers: Microsoft, Meta, Alphabet, Amazon ☁️ The "shovel sellers": Nvidia*, ASML*, TSMC 🧑🏭🪓 Key shift: these businesses are no longer asset-light Warning signs emerge as some stocks trade below th...
2026-02-1021 minWorldWide Markets with Simon BrownIs the Gold Collapse Over?🌍 Worldwide Markets – Episode 664 📅 Recorded: Tuesday midday | 🎙️ Host: Simon Brown This week on Worldwide Markets, we unpack a wild ride across commodities, central banks, tech titans, and global trade — with gold stealing the spotlight once again. 🟡 Has Gold Bottomed? Gold went vertical — and then snapped back hard. 📈 Ran from around $4,300 → $5,600, before a brutal sell-off 📉 Dropped to $4,600, now stabilising near $4,900 🕯️ That giant red "kangaroo tail" candle looks ugly — but… The bigger picture hasn't changed: 💵 Debasement trade still intact 🌍 Central banks bought ~800 tonnes last year 🏦 ETF investors were big buyers again aft...
2026-02-0317 minJSEDirect with Simon BrownIs the Gold Collapse Over?🌍 Worldwide Markets – Episode 664 📅 Recorded: Tuesday midday | 🎙️ Host: Simon Brown This week on Worldwide Markets, we unpack a wild ride across commodities, central banks, tech titans, and global trade — with gold stealing the spotlight once again. 🟡 Has Gold Bottomed? Gold went vertical — and then snapped back hard. 📈 Ran from around $4,300 → $5,600, before a brutal sell-off 📉 Dropped to $4,600, now stabilising near $4,900 🕯️ That giant red "kangaroo tail" candle looks ugly — but… The bigger picture hasn't changed: 💵 Debasement trade still intact 🌍 Central banks bought ~800 tonnes last year 🏦 ETF investors were big buyers again aft...
2026-02-0317 minJSEDirect with Simon BrownJSE in the Cross Hairs (and Proposing Changes) | Don't Fight the TrendWorldwide Markets – Episode 656 (12 November) Powered by Standard Bank Global Markets and Shyft – the global money app that puts travel, shopping, payments and investments in the palm of your hand 🌍💸 1) JSE Under Pressure 🏛️⚖️ Two issues in the spotlight: a) Competition Commission Complaint A2X alleges JSE is being anti-competitive around BDA & settlement. This could have a long regulatory process. No quick outcomes expected. b) Matengu Allegations Matengu alleges share price manipulation and claims to have emails implicating JSE directors. JSE has fired back and asked: Produce the emails. There is also a clear seller over...
2025-11-1121 minWorldWide Markets with Simon BrownJSE in the Cross Hairs (and Proposing Changes) | Don't Fight the TrendWorldwide Markets – Episode 656 (12 November) Powered by Standard Bank Global Markets and Shyft – the global money app that puts travel, shopping, payments and investments in the palm of your hand 🌍💸 1) JSE Under Pressure 🏛️⚖️ Two issues in the spotlight: a) Competition Commission Complaint A2X alleges JSE is being anti-competitive around BDA & settlement. This could have a long regulatory process. No quick outcomes expected. b) Matengu Allegations Matengu alleges share price manipulation and claims to have emails implicating JSE directors. JSE has fired back and asked: Produce the emails. There is also a clear seller over...
2025-11-1121 minJSEDirect with Simon BrownGold took us up … and Gold will take us down🌍 World Wide Markets Ep. 654 — 29 October 2025 🎙️ "Gold took us up … and gold will take us down." 🪙 Gold Takes the JSE for a Ride Gold led the JSE to record highs — and now it's leading it back down. Year-to-date returns: Gold +49 %, Harmony +87 %, Pan African +126 %, DRD +150 %, Gold Fields +162 %, AngloGold Ashanti* +167 %! Excluding dividends! Simon notes clear support around $3,600-3,800, with further downside likely. The Top 40 is up ~38 % YTD, but the Resources Index (Resi) is +93 % — remove that, and the market's ~20 %. Translation: half this year's gains came from gold ⛏️. When gold falls, the JSE will feel it. Simon spots a "kangaroo-tail" reversal candle — 10 straight gr...
2025-10-2818 minWorldWide Markets with Simon BrownGold took us up … and Gold will take us down🌍 World Wide Markets Ep. 654 — 29 October 2025 🎙️ "Gold took us up … and gold will take us down." 🪙 Gold Takes the JSE for a Ride Gold led the JSE to record highs — and now it's leading it back down. Year-to-date returns: Gold +49 %, Harmony +87 %, Pan African +126 %, DRD +150 %, Gold Fields +162 %, AngloGold Ashanti* +167 %! Excluding dividends! Simon notes clear support around $3,600-3,800, with further downside likely. The Top 40 is up ~38 % YTD, but the Resources Index (Resi) is +93 % — remove that, and the market's ~20 %. Translation: half this year's gains came from gold ⛏️. When gold falls, the JSE will feel it. Simon spots a "kangaroo-tail" reversal candle — 10 straight gr...
2025-10-2818 minJSEDirect with Simon BrownNaspers Stock Split | UK Yields at Worst Levels this Century📌 Key Themes This Week 📊 Naspers share split – AGM approves a 5-for-1 split to make shares more affordable for smaller investors. 💬 Jackson Hole update – Jerome Powell's last appearance as Fed Chair, shifting focus from inflation to jobs. Markets pricing in September & December rate cuts with high certainty. 💸 Trump & the Fed – Trump fires Fed Governor Lisa Cook ❌ and pushes to pack the Fed with rate-cut friendly members. 🇺🇸 Intel stake – Trump administration takes a 10% stake in Intel via the Chips Act, raising questions about "state capitalism." 📉 Dollar weakness – Dollar index slides, Rand strengthens to R17.44, risk-on se...
2025-08-2622 minWorldWide Markets with Simon BrownNaspers Stock Split | UK Yields at Worst Levels this Century📌 Key Themes This Week 📊 Naspers share split – AGM approves a 5-for-1 split to make shares more affordable for smaller investors. 💬 Jackson Hole update – Jerome Powell's last appearance as Fed Chair, shifting focus from inflation to jobs. Markets pricing in September & December rate cuts with high certainty. 💸 Trump & the Fed – Trump fires Fed Governor Lisa Cook ❌ and pushes to pack the Fed with rate-cut friendly members. 🇺🇸 Intel stake – Trump administration takes a 10% stake in Intel via the Chips Act, raising questions about "state capitalism." 📉 Dollar weakness – Dollar index slides, Rand strengthens to R17.44, risk-on se...
2025-08-2622 minWorldWide Markets with Simon BrownIs a Lower Inflation target a Bad Idea? Is Afrimat Offering Value?🌍 This week on Worldwide Markets, Simon dives into a packed show covering inflation, earnings, property deals, and opportunities in local stocks. Powered by Standard Bank Global Markets and Shyft — your gateway to global investing. 🌐💸 📉 Inflation Target Cut – A Bad Idea? • SA may shift to a 3% inflation target 📊 • Risks of higher interest rates 😬 • Real rates already sky-high 🚀 💵 Weaker US Dollar & Tech Gains • Trump's weaker dollar policy in motion 🇺🇸📉 • MAG7 & Nasdaq benefit: 49%+ offshore revenue 🖥️🌐 • S&P 500 and Russell 2000 lag 🏢 Sibanye-Stillwater* Diversifies • Buys US recycling business ♻️ • Adds silver, copper, and skills 🪙🔧 • Expands beyond PGMs and gold 🪙...
2025-07-2218 minJSEDirect with Simon BrownIs a Lower Inflation target a Bad Idea? Is Afrimat Offering Value?🌍 This week on Worldwide Markets, Simon dives into a packed show covering inflation, earnings, property deals, and opportunities in local stocks. Powered by Standard Bank Global Markets and Shyft — your gateway to global investing. 🌐💸 📉 Inflation Target Cut – A Bad Idea? • SA may shift to a 3% inflation target 📊 • Risks of higher interest rates 😬 • Real rates already sky-high 🚀 💵 Weaker US Dollar & Tech Gains • Trump's weaker dollar policy in motion 🇺🇸📉 • MAG7 & Nasdaq benefit: 49%+ offshore revenue 🖥️🌐 • S&P 500 and Russell 2000 lag 🏢 Sibanye-Stillwater* Diversifies • Buys US recycling business ♻️ • Adds silver, copper, and skills 🪙🔧 • Expands beyond PGMs and gold 🪙...
2025-07-2218 minJSEDirect with Simon BrownAlphabet is way Cheap | Nasty US economic data 🎙 Episode Summary: This week, Simon unpacks Alphabet's surprisingly cheap valuation, troubling US economic data, South African CPI figures, Trump's trade mess, and the implications of Aspen's customer fallout. Plus, he previews the Berkshire AGM and upcoming JustOneLap events. 📉 US Economic Data Shock Q1 GDP: Expected +0.2%, came in at –0.3% 😬 Imports surged 40%, skewing GDP down Retail inventories and trade balance signal deeper issues PCI inflation at 1.8% vs. 1.2% expected Recession fears intensify US GDP Q1 2025 🇺🇸 Trump's 100-Day Trade Tangle Trump promised 90 trade deals in 90 days...
2025-04-3021 minWorldWide Markets with Simon BrownAlphabet is way Cheap | Nasty US economic data 🎙 Episode Summary: This week, Simon unpacks Alphabet's surprisingly cheap valuation, troubling US economic data, South African CPI figures, Trump's trade mess, and the implications of Aspen's customer fallout. Plus, he previews the Berkshire AGM and upcoming JustOneLap events. 📉 US Economic Data Shock Q1 GDP: Expected +0.2%, came in at –0.3% 😬 Imports surged 40%, skewing GDP down Retail inventories and trade balance signal deeper issues PCI inflation at 1.8% vs. 1.2% expected Recession fears intensify US GDP Q1 2025 🇺🇸 Trump's 100-Day Trade Tangle Trump promised 90 trade deals in 90 days...
2025-04-3021 minWorldWide Markets with Simon BrownTelcos are horrid investments (#580) Old Mutual Results: Surprisingly strong results from Old Mutual. Despite stagnant GDP growth and population decline, Old Mutual shows strong growth, indicating market share acquisition. Expansion into banking sector questioned due to market saturation. Stock analysis: Trading around 1184, showing potential support at 1150 and resistance at 1240-1280. Considered cheap with PE ratio around 7.7 and dividend yield over 7%. Market consensus predicts an average price target of 14.81. Skepticism remains regarding the bank launch and overall upside potential. MTN Results and Analysis: MTN's earnings affected by Naira devaluation in Nigeria. Earnings per share down 72%, impacted by tax issues a...
2024-03-2818 minJSEDirect with Simon BrownTelcos are horrid investments (#580) Old Mutual Results: Surprisingly strong results from Old Mutual. Despite stagnant GDP growth and population decline, Old Mutual shows strong growth, indicating market share acquisition. Expansion into banking sector questioned due to market saturation. Stock analysis: Trading around 1184, showing potential support at 1150 and resistance at 1240-1280. Considered cheap with PE ratio around 7.7 and dividend yield over 7%. Market consensus predicts an average price target of 14.81. Skepticism remains regarding the bank launch and overall upside potential. MTN Results and Analysis: MTN's earnings affected by Naira devaluation in Nigeria. Earnings per share down 72%, impacted by tax issues a...
2024-03-2818 minJSEDirect with Simon BrownAbenomics worked, Fed not so much (#579)Market Updates: Recent news on Markus Jooste's fine and tragic passing prompts reflection on justice and mental health awareness. Telkom's sale of its towers business for R6.75 billion highlights strategic shifts and potential opportunities in the telecom sector. Ongoing rise in oil prices raises concerns about inflationary pressures and global economic impacts. Market Analysis and Insights: Gold's Surge: Gold prices hit new all-time highs above $2200, reflecting investor concerns and market sentiment following Jerome Powell's recent statements on inflation and monetary policy. Gold mining companies show varied responses, with Pan-African, Goldfields, DRD, and...
2024-03-2221 minWorldWide Markets with Simon BrownAbenomics worked, Fed not so much (#579)Market Updates: Recent news on Markus Jooste's fine and tragic passing prompts reflection on justice and mental health awareness. Telkom's sale of its towers business for R6.75 billion highlights strategic shifts and potential opportunities in the telecom sector. Ongoing rise in oil prices raises concerns about inflationary pressures and global economic impacts. Market Analysis and Insights: Gold's Surge: Gold prices hit new all-time highs above $2200, reflecting investor concerns and market sentiment following Jerome Powell's recent statements on inflation and monetary policy. Gold mining companies show varied responses, with Pan-African, Goldfields, DRD, and...
2024-03-2221 minJSEDirect with Simon BrownUS CPI hasn't come down in 9 months! (#578) Retire well, we're chatting with retirees about what they've learnt and any tricks they can pass on. US Inflation Trends: US inflation has remained stagnant at 3.2% since June of the previous year, defying expectations. Despite initial projections, inflation has not reached the anticipated 4% mark, staying just above 3%. Discussion on potential implications for the economy and monetary policy, including the possibility of a mid-year rate cut. Local Property Market Concerns: Review of recent challenges facing Pick n Pay and its impact on property stocks and landlords. Analysis of Hyprop's trading update and its i...
2024-03-1417 minWorldWide Markets with Simon BrownUS CPI hasn't come down in 9 months! (#578) Retire well, we're chatting with retirees about what they've learnt and any tricks they can pass on. US Inflation Trends: US inflation has remained stagnant at 3.2% since June of the previous year, defying expectations. Despite initial projections, inflation has not reached the anticipated 4% mark, staying just above 3%. Discussion on potential implications for the economy and monetary policy, including the possibility of a mid-year rate cut. Local Property Market Concerns: Review of recent challenges facing Pick n Pay and its impact on property stocks and landlords. Analysis of Hyprop's trading update and its i...
2024-03-1417 minJSEDirect with Simon BrownShoprite could buy Pick n Pay, but should you buy Shoprite? (#577) Shoprite* Results and Market Comparison Discusses the recent Shoprite results, emphasising excellent performance against a high base. Highlights Shoprite's significant CapEx spending, customer savings, and market share gains. Compares market cap of Pick n Pay and Shoprite, pointing out the latter's cash reserves. Reflects on the historical revenue comparison between Shoprite and Pick n Pay over the past 20 years. Shoprite's Competitive Position and Stock Analysis Questions whether Shoprite is always destined to be an expensive stock. Analyzes the current PE ratio, forward PE, and 10-year mean, suggesting that the stock may not be as expensive as p...
2024-03-0720 minWorldWide Markets with Simon BrownShoprite could buy Pick n Pay, but should you buy Shoprite? (#577) Shoprite* Results and Market Comparison Discusses the recent Shoprite results, emphasising excellent performance against a high base. Highlights Shoprite's significant CapEx spending, customer savings, and market share gains. Compares market cap of Pick n Pay and Shoprite, pointing out the latter's cash reserves. Reflects on the historical revenue comparison between Shoprite and Pick n Pay over the past 20 years. Shoprite's Competitive Position and Stock Analysis Questions whether Shoprite is always destined to be an expensive stock. Analyzes the current PE ratio, forward PE, and 10-year mean, suggesting that the stock may not be as expensive as p...
2024-03-0720 minJSEDirect with Simon BrownNikkei highs, Pick n Pay lows, Bitcoin 1million (#576)Nikkei 225 reached a new all-time high after 35 years Historical context: peaked in December 1989, 82% drawdown by March 2009. Factors contributing to the 80s crash: Yen protection, low rates, speculative bubble. Current challenges: aging population, economic complexities, recent inflation. Investment options: Sygnia JP (SYGJP) - JSE-traded, and Investec's structured product. Warren Buffett's Annual Letter Warren Buffett's annual letter to shareholders released. AGM scheduled for May 4th, details about screening yet to be announced. Historical and informative; available on BerkshireHathaway.com. City Lodge Results City Lodge results: Revenue up 10%, dividend up 20%, HEPS up 10%. Occupancy at 61%, pricing power at 65...
2024-02-2819 minWorldWide Markets with Simon BrownNikkei highs, Pick n Pay lows, Bitcoin 1million (#576)Nikkei 225 reached a new all-time high after 35 years Historical context: peaked in December 1989, 82% drawdown by March 2009. Factors contributing to the 80s crash: Yen protection, low rates, speculative bubble. Current challenges: aging population, economic complexities, recent inflation. Investment options: Sygnia JP (SYGJP) - JSE-traded, and Investec's structured product. Warren Buffett's Annual Letter Warren Buffett's annual letter to shareholders released. AGM scheduled for May 4th, details about screening yet to be announced. Historical and informative; available on BerkshireHathaway.com. City Lodge Results City Lodge results: Revenue up 10%, dividend up 20%, HEPS up 10%. Occupancy at 61%, pricing power at 65...
2024-02-2819 minJSEDirect with Simon BrownBudget 2024 panel with AJM Tax (#575)Budget 2024 panel. For the last many years AJM Tax has done a post budget panel which includes Simon Brown and this year was no different. Hosted in Cape Town the panel was; Karyn Maughan, senior legal journalist at News24 Dr Albertus Marias, Director AJM Tax Azhar Varachhia, Managing director Alpha plus Capital Simon Brown, Just one Lap and MonewebNOW Below is the AJM Tax one pager of budget highlights.
2024-02-2245 minWorldWide Markets with Simon BrownBudget 2024 panel with AJM Tax (#575)Budget 2024 panel. For the last many years AJM Tax has done a post budget panel which includes Simon Brown and this year was no different. Hosted in Cape Town the panel was; Karyn Maughan, senior legal journalist at News24 Dr Albertus Marias, Director AJM Tax Azhar Varachhia, Managing director Alpha plus Capital Simon Brown, Just one Lap and MonewebNOW Below is the AJM Tax one pager of budget highlights.
2024-02-2245 minWorldWide Markets with Simon BrownInflation, it ain't over. So what about rates? (#574)Pick n Pay* Chart Analysis Resistance zone around 26, potential to touch 26.70 Higher highs, higher lows, horizontal resistance Target: 30 bucks to fill the gap Comments on Pick n Pay's potential under Sean Summers No need for a rights issue, potential market spook if it happens Simon's position: Started building, considering more Current status: Down 1.7%, trading at 25.30 Pick n Pay close 13Feb24 (daily) Transaction Capital and WeBuyCars Transaction Capital planning to list WeBuyCars Unbundling process expected in March Valuation: 7.5 billion rand Key information: Founders' put option on Transaction Capital is off the table WeBuyCar's strong performance...
2024-02-1417 minJSEDirect with Simon BrownInflation, it ain't over. So what about rates? (#574)Pick n Pay* Chart Analysis Resistance zone around 26, potential to touch 26.70 Higher highs, higher lows, horizontal resistance Target: 30 bucks to fill the gap Comments on Pick n Pay's potential under Sean Summers No need for a rights issue, potential market spook if it happens Simon's position: Started building, considering more Current status: Down 1.7%, trading at 25.30 Pick n Pay close 13Feb24 (daily) Transaction Capital and WeBuyCars Transaction Capital planning to list WeBuyCars Unbundling process expected in March Valuation: 7.5 billion rand Key information: Founders' put option on Transaction Capital is off the table WeBuyCar's strong performance...
2024-02-1417 minJSEDirect with Simon BrownHas Canal+ won already? The answer is yes. (#573)Disney results: Last week's big story was about tech, starting with Disney, a stock recommended here back in September at ±$80. Key financials: Linear networks revenue up 9%, Direct-to-consumer up 12%, Parks up 16% Direct-to-consumer still incurred a loss of $400 million Consumer products, content sales licensing, and ESPN performance discussed Overall, not a knockout result but not terrible; I remain a satisfied shareholder Big move in streaming sports! ⚾️🏀🏈 Disney, Warner Bros., and Fox are joining forces to create the ultimate sports streaming app, merging ESPN, TNT, and Fox Sports (WSJ). ESPN alone was 18% of Disney's latest quar...
2024-02-0718 minWorldWide Markets with Simon BrownHas Canal+ won already? The answer is yes. (#573)Disney results: Last week's big story was about tech, starting with Disney, a stock recommended here back in September at ±$80. Key financials: Linear networks revenue up 9%, Direct-to-consumer up 12%, Parks up 16% Direct-to-consumer still incurred a loss of $400 million Consumer products, content sales licensing, and ESPN performance discussed Overall, not a knockout result but not terrible; I remain a satisfied shareholder Big move in streaming sports! ⚾️🏀🏈 Disney, Warner Bros., and Fox are joining forces to create the ultimate sports streaming app, merging ESPN, TNT, and Fox Sports (WSJ). ESPN alone was 18% of Disney's latest quar...
2024-02-0718 minWorldWide Markets with Simon BrownSimon's stocks for this years Cristal challengeBreaking News: Canal+ Offer for MultiChoice: Canal+, French TV business, offers 105 rand per share for MultiChoice minorities. Synergies between the two businesses. Legal considerations regarding foreign media ownership. MultiChoice closed at 75 rand; market likely to respond positively. Market Updates: Hyprop reports positive festive trading for its tenants. Transaction Capital plans to list WeBuyCars in March; potential value unlock. Evergrande declared bankrupt with over 300 billion dollars in debt. Hong Kong economy expanded 3.2% in 2023. China overtakes Japan as the world's top car exporter. Cristal Challenge Stock Picks: Richemont*: Luxury brand with potential in a recovering...
2024-02-0125 minJSEDirect with Simon BrownSimon's stocks for this years Cristal challengeBreaking News: Canal+ Offer for MultiChoice: Canal+, French TV business, offers 105 rand per share for MultiChoice minorities. Synergies between the two businesses. Legal considerations regarding foreign media ownership. MultiChoice closed at 75 rand; market likely to respond positively. Market Updates: Hyprop reports positive festive trading for its tenants. Transaction Capital plans to list WeBuyCars in March; potential value unlock. Evergrande declared bankrupt with over 300 billion dollars in debt. Hong Kong economy expanded 3.2% in 2023. China overtakes Japan as the world's top car exporter. Cristal Challenge Stock Picks: Richemont*: Luxury brand with potential in a recovering...
2024-02-0125 min
JSEDirect with Simon BrownChina in trouble, is it over? Should we be worried? (#571) dd Introduction: JSE Direct Episode 571 for January 25, hosted by Simon Brown. Simon introduces the idea of transitioning the podcast to a live format using Riverside, allowing viewers to see charts and interact during recordings. Market Updates: Richemont*: Stock surged 10% on better-than-expected trading update. Identified as an opportunity last year when it pulled back to R2,500. Trading at R2,653 at the time of the recording. AVI: AVI delivered a strong update, but struggling with I&J. AVI focuses on defending margins, willing to lose volumes for profitability...
2024-01-2521 minWorldWide Markets with Simon BrownChina in trouble, is it over? Should we be worried? (#571) dd Introduction: JSE Direct Episode 571 for January 25, hosted by Simon Brown. Simon introduces the idea of transitioning the podcast to a live format using Riverside, allowing viewers to see charts and interact during recordings. Market Updates: Richemont*: Stock surged 10% on better-than-expected trading update. Identified as an opportunity last year when it pulled back to R2,500. Trading at R2,653 at the time of the recording. AVI: AVI delivered a strong update, but struggling with I&J. AVI focuses on defending margins, willing to lose volumes for profitability...
2024-01-2521 min
JSEDirect with Simon BrownDo elections matter for markets? (#570)In this episode of JSE Direct, Simon Brown discusses various market topics, including the bleak outlook of the Hang Seng Index due to Chinese GDP results. Positive news for Grindrod with the Maputo Port Development Company's impressive performance. The rise in uranium prices driven by increasing demand for nuclear power plants, he found two US listed ETFs benefiing from this trend. [caption id="attachment_40966" align="aligncenter" width="849"] Spot uranium price[/caption] The approval of 11 Bitcoin ETFs by the SEC. When does the JSE get a crypto ETF? ...
2024-01-1710 minWorldWide Markets with Simon BrownDo elections matter for markets? (#570)In this episode of JSE Direct, Simon Brown discusses various market topics, including the bleak outlook of the Hang Seng Index due to Chinese GDP results. Positive news for Grindrod with the Maputo Port Development Company's impressive performance. The rise in uranium prices driven by increasing demand for nuclear power plants, he found two US listed ETFs benefiing from this trend. [caption id="attachment_40966" align="aligncenter" width="849"] Spot uranium price[/caption] The approval of 11 Bitcoin ETFs by the SEC. When does the JSE get a crypto ETF? ...
2024-01-1710 min
WorldWide Markets with Simon BrownPredictions 2024; Marc Ashton, Keith McLachlan & Simon Brown (#569)Now for the eleventh year in a row, we kick off the new year with a prediction show. Marc Ashton, Keith McLachlan and Simon Brown put their heads on the block with three wild and woolly predictions for the markets for 2024 followed by a call on the Top40 and ZAR for the year ahead. Importantly we start each show with a review of the previous year's predictions and you'll find the 2023 predictions show here.
2024-01-1137 minJSEDirect with Simon BrownPredictions 2024; Marc Ashton, Keith McLachlan & Simon Brown (#569)Now for the eleventh year in a row, we kick off the new year with a prediction show. Marc Ashton, Keith McLachlan and Simon Brown put their heads on the block with three wild and woolly predictions for the markets for 2024 followed by a call on the Top40 and ZAR for the year ahead. Importantly we start each show with a review of the previous year's predictions and you'll find the 2023 predictions show here.
2024-01-1137 min2023-12-1318 min2023-12-1318 min
JSEDirect with Simon BrownCan Transaction Capital and Purple Group reverse their losses? (#567) Position your portfolio for 2024. Top local ETFs for 2023. Simon Shares Transaction Capital (JSE code:TCP) results swung into a massive loss, no surprise. SA Taxi loss making but overall H2 was better then H1 in all three divisions. Purple Group* (JSE code: PPE) results also swung into a loss. But as a discretionary consumer business, why is everybody so surprised? Average client has 1.45 products. This seems low, very low. Philippines not yet regulated, but they not giving up. Project delays. Tigerbrands (JSE code: TBS) show a tough environment and RFG (JSE code: RFG) may offer better value. Local...
2023-12-0621 minWorldWide Markets with Simon BrownCan Transaction Capital and Purple Group reverse their losses? (#567) Position your portfolio for 2024. Top local ETFs for 2023. Simon Shares Transaction Capital (JSE code:TCP) results swung into a massive loss, no surprise. SA Taxi loss making but overall H2 was better then H1 in all three divisions. Purple Group* (JSE code: PPE) results also swung into a loss. But as a discretionary consumer business, why is everybody so surprised? Average client has 1.45 products. This seems low, very low. Philippines not yet regulated, but they not giving up. Project delays. Tigerbrands (JSE code: TBS) show a tough environment and RFG (JSE code: RFG) may offer better value. Local...
2023-12-0621 min
2023-11-3010 min2023-11-3010 min
WorldWide Markets with Simon BrownShare buybacks and stock compensation, the bad and the ugly (#565)Share buybacks and stock compensation, the bad and the ugly Share buybacks are good right? The company uses their free cash to buyback shares which reduces the number of remaining shares such that each share has a higher claim over future profits which adds to their value. Further they're tax efficient in that paying dividends results in dividend tax. BUT; Firstly, in cyclical stocks you need to be buying back at lows, not highs and the companies usually have no free cash at lows, so either they don't buy back or they...
2023-11-1518 minJSEDirect with Simon BrownShare buybacks and stock compensation, the bad and the ugly (#565)Share buybacks and stock compensation, the bad and the ugly Share buybacks are good right? The company uses their free cash to buyback shares which reduces the number of remaining shares such that each share has a higher claim over future profits which adds to their value. Further they're tax efficient in that paying dividends results in dividend tax. BUT; Firstly, in cyclical stocks you need to be buying back at lows, not highs and the companies usually have no free cash at lows, so either they don't buy back or they...
2023-11-1518 min
JSEDirect with Simon BrownWhy telcos are a horrid investment (#564 The problem with telcos I have long said that telcos such as MTN (JSE code: MTN) and Vodacom (JSE code: VOD) is that they are essentially utilities and should be priced as such. But actually that statement is wrong. Sure voice (who still calls using voice?) and data are utilities like water and electricity. BUT the telcos have a problem, capex. Yes we're using more and more data but prices keep coming down, I recently bought an effective 80 GB for little over R400. And all that while capex is increasing...
2023-11-0920 minWorldWide Markets with Simon BrownWhy telcos are a horrid investment (#564 The problem with telcos I have long said that telcos such as MTN (JSE code: MTN) and Vodacom (JSE code: VOD) is that they are essentially utilities and should be priced as such. But actually that statement is wrong. Sure voice (who still calls using voice?) and data are utilities like water and electricity. BUT the telcos have a problem, capex. Yes we're using more and more data but prices keep coming down, I recently bought an effective 80 GB for little over R400. And all that while capex is increasing...
2023-11-0920 min
JSEDirect with Simon BrownUpdating minister Gordhan's portfolio (#563)Updating minister Gordhan's portfolio Public Enterprises Minister Pravin Gordhan has declared his holdings, we reviewed his portfolio last time in April and there are some interesting changes, he is fairly active in buying and selling. Most notable is the total value is up almost R2million? Simon Shares Purple Group* (JSE code: PPE) have introduce a platform fee. Certain behaviours will see the fee waived and I speak to Charles Savage on my MoneywebNOW show Thursday morning. Renergen* (JSE code: REN) results show a loss, LNG output for phase 1 ±40% and helium on stream by y...
2023-11-0113 minWorldWide Markets with Simon BrownUpdating minister Gordhan's portfolio (#563)Updating minister Gordhan's portfolio Public Enterprises Minister Pravin Gordhan has declared his holdings, we reviewed his portfolio last time in April and there are some interesting changes, he is fairly active in buying and selling. Most notable is the total value is up almost R2million? Simon Shares Purple Group* (JSE code: PPE) have introduce a platform fee. Certain behaviours will see the fee waived and I speak to Charles Savage on my MoneywebNOW show Thursday morning. Renergen* (JSE code: REN) results show a loss, LNG output for phase 1 ±40% and helium on stream by y...
2023-11-0113 min
JSEDirect with Simon BrownLiving small, an updateLiving small, an update Back in 2017 Simon and his wife down scaled into a small (relative) apartment and also got rid of one of their cars again. As they now move again Simon updates in their experience of living small. Simon Shares Famous Brands (JSE code: FBR) results. Revenue up and HEPS lower. TigerBrands (JSE code: TBS) loses their CEO and posts a decent trading update. Jamie Dimon said central banks' forecasts have been "100% dead wrong". Sasol (JSE code: SOL) trading update, lots of movingp arts, but the market not trusting management? That said...
2023-10-2518 minWorldWide Markets with Simon BrownLiving small, an updateLiving small, an update Back in 2017 Simon and his wife down scaled into a small (relative) apartment and also got rid of one of their cars again. As they now move again Simon updates in their experience of living small. Simon Shares Famous Brands (JSE code: FBR) results. Revenue up and HEPS lower. TigerBrands (JSE code: TBS) loses their CEO and posts a decent trading update. Jamie Dimon said central banks' forecasts have been "100% dead wrong". Sasol (JSE code: SOL) trading update, lots of movingp arts, but the market not trusting management? That said...
2023-10-2518 min
WorldWide Markets with Simon BrownRenergen, now what? (#561) hh Renergen* (JSE code: REN), now what? Late September the price started breaking down and end September a Tweeter started posting about them. I'm not going to defend every point raised, that's the job of the company and after an initial poor response, Monday saw a more detailed SENS. Paid research. Ultimately all research is paid for. Sometimes it is paid for by the company and here the issue is disclosure. I think the bigger issue is a complete lack of disclosure in our industry. By FinTwit...
2023-10-1821 minJSEDirect with Simon BrownRenergen, now what? (#561) hh Renergen* (JSE code: REN), now what? Late September the price started breaking down and end September a Tweeter started posting about them. I'm not going to defend every point raised, that's the job of the company and after an initial poor response, Monday saw a more detailed SENS. Paid research. Ultimately all research is paid for. Sometimes it is paid for by the company and here the issue is disclosure. I think the bigger issue is a complete lack of disclosure in our industry. By FinTwit...
2023-10-1821 min
JSEDirect with Simon BrownOld traders, bold traders, but no old and bold traders (#560)There are bold traders. here are old traders. There are no bold and old traders.Bold traders What is a bold trader and why do they die out? Wild swings for the fence No position size management Stop loss for losers Enter outside of system and process Simon Shares Famous Brands (JSE code: FBR) trading update, Spur (JSE code: SUR) really has taken the mantel of best QSR/restaurant business on the JSE. Very strong US jobs and upward revisions from previous month. But wage inflation only 0.2%. So...
2023-10-1117 minWorldWide Markets with Simon BrownOld traders, bold traders, but no old and bold traders (#560)There are bold traders. here are old traders. There are no bold and old traders.Bold traders What is a bold trader and why do they die out? Wild swings for the fence No position size management Stop loss for losers Enter outside of system and process Simon Shares Famous Brands (JSE code: FBR) trading update, Spur (JSE code: SUR) really has taken the mantel of best QSR/restaurant business on the JSE. Very strong US jobs and upward revisions from previous month. But wage inflation only 0.2%. So...
2023-10-1117 min
2023-10-0417 min2023-10-0417 min
WorldWide Markets with Simon BrownUS 10-year highest yield since 2007 is bad news for almost everybody (#558)US 10-year yields highest since 2007 Bad news all round (unless you buying). Almost 40% of US government debt expires in the next four years and will be re-issued at markedly higher rates, 9x higher in some cases. Money flowing into US bonds for yield. This sees less money entering the stock market Sees a stronger US$ (check DXY strength, all currncies weaker against US$) Hits valuations lower as higher rates makes cash worth less in the future, but so far the market has ignored this fact. Simon Shares
2023-09-2719 minJSEDirect with Simon BrownUS 10-year highest yield since 2007 is bad news for almost everybody (#558)US 10-year yields highest since 2007 Bad news all round (unless you buying). Almost 40% of US government debt expires in the next four years and will be re-issued at markedly higher rates, 9x higher in some cases. Money flowing into US bonds for yield. This sees less money entering the stock market Sees a stronger US$ (check DXY strength, all currncies weaker against US$) Hits valuations lower as higher rates makes cash worth less in the future, but so far the market has ignored this fact. Simon Shares
2023-09-2719 min
2023-09-2020 min2023-09-2020 min
JSEDirect with Simon BrownRichemont gets interesting, Shoprite gets "extraordinary" (#556)Simon Shares Shoprite* (JSE code: SHP) results "2023 was extraordinary". Chart by Koyfin 15% discount for first 2 years Richemont (JSE code: CFR) getting interesting, let's see if support holds. [caption id="attachment_40005" align="aligncenter" width="849"] Richemont weekly ~ 07Sep23[/caption]Nampak (JSE code: NPK) nil paid letters are trading, code NPKN. Remember either sell them or take up the rights. Calgro M3* (JSE code: CGR) trading statement, HEPS +20% for the first six months ending August. The latest PMIs out of Europe all quite weak, not only declining from the previous month, but lower than the preliminary numbers...
2023-09-0617 minWorldWide Markets with Simon BrownRichemont gets interesting, Shoprite gets "extraordinary" (#556)Simon Shares Shoprite* (JSE code: SHP) results "2023 was extraordinary". Chart by Koyfin 15% discount for first 2 years Richemont (JSE code: CFR) getting interesting, let's see if support holds. [caption id="attachment_40005" align="aligncenter" width="849"] Richemont weekly ~ 07Sep23[/caption]Nampak (JSE code: NPK) nil paid letters are trading, code NPKN. Remember either sell them or take up the rights. Calgro M3* (JSE code: CGR) trading statement, HEPS +20% for the first six months ending August. The latest PMIs out of Europe all quite weak, not only declining from the previous month, but lower than the preliminary numbers...
2023-09-0617 min
WorldWide Markets with Simon BrownResults-a-rama, we review them all (almost) (#555)Simon Shares Bidcorp - excellent AvdTech* - really good, stock at all-time highs Stadio - good student growth Motus - poor HEPS, good dividend Woolies* - not bad, but wow only got R1.1billion for David Jones Sasol - impairments galore Adcock Ingram - capacity utilisation is weak Aspen - good second half KAP - tough out there Super Group - strong numbers * I hold ungeared positions.
2023-08-3017 minJSEDirect with Simon BrownResults-a-rama, we review them all (almost) (#555)Simon Shares Bidcorp - excellent AvdTech* - really good, stock at all-time highs Stadio - good student growth Motus - poor HEPS, good dividend Woolies* - not bad, but wow only got R1.1billion for David Jones Sasol - impairments galore Adcock Ingram - capacity utilisation is weak Aspen - good second half KAP - tough out there Super Group - strong numbers * I hold ungeared positions.
2023-08-3017 min
JSEDirect with Simon BrownSpur and Calgro M3 both breaking higher (#554) dd Spur and Calgro M3, two stocks I have been watching and both have seen their prices break higher. Calgro M3 (JSE code: CGR) builds lower income housing and after a few troube years os back on track. Latest results were for year ending February 2023. PE ±2.5% Cash on hand ±R172million, market cap is ±R440million NAV 951c (including unused land valued at ±30% of NAV) while share price 365c Spur (JSE code: SUR) sells fast casual food and the pandemc hurt. Latest results have some base effect as they are for six months ending June...
2023-08-2320 minWorldWide Markets with Simon BrownSpur and Calgro M3 both breaking higher (#554) dd Spur and Calgro M3, two stocks I have been watching and both have seen their prices break higher. Calgro M3 (JSE code: CGR) builds lower income housing and after a few troube years os back on track. Latest results were for year ending February 2023. PE ±2.5% Cash on hand ±R172million, market cap is ±R440million NAV 951c (including unused land valued at ±30% of NAV) while share price 365c Spur (JSE code: SUR) sells fast casual food and the pandemc hurt. Latest results have some base effect as they are for six months ending June...
2023-08-2320 min
JSEDirect with Simon BrownWhat's the NAV? (348)Simon Shares The Power Hour from last week by Nerina Visser on ETF fees is awesome and online. What's the net asset value? Net asset value (NAV) is from the balance sheet and is asset less liabilities. The break up value of the company. A share will typically trade above this value as we're buying future profits, not break up value. Tangible NAV (TNAV) is better as this excludes things such as goodwill, so is a real number of actual assets. Goodwill is when you buy a business and pay more than the NAV for the...
2019-04-1817 minWorldWide Markets with Simon BrownWhat's the NAV? (348)Simon Shares The Power Hour from last week by Nerina Visser on ETF fees is awesome and online. What's the net asset value? Net asset value (NAV) is from the balance sheet and is asset less liabilities. The break up value of the company. A share will typically trade above this value as we're buying future profits, not break up value. Tangible NAV (TNAV) is better as this excludes things such as goodwill, so is a real number of actual assets. Goodwill is when you buy a business and pay more than the NAV for the...
2019-04-1817 min
JSEDirect with Simon Brown#336: End of year portfolio reviewThis JSE Direct is proudly brought to you by IG, the specialists in CFD trading and a registered financial services provider. Simon Shares Somebody capitulated on Metrofile* (JSE code: MFL) this morning. The stocks hit 160c, then 239c and is now 1c up at 220c and I picked up a few on a DY of over 10%. Over R4million has traded so far, so decent volume for this stock. SENS just out is that Sabvest (JSE codes: SBV & SVN) picked up just under half of the volume at 200c - 235c. They already own just over 10...
2018-12-1319 minWorldWide Markets with Simon Brown#336: End of year portfolio reviewThis JSE Direct is proudly brought to you by IG, the specialists in CFD trading and a registered financial services provider. Simon Shares Somebody capitulated on Metrofile* (JSE code: MFL) this morning. The stocks hit 160c, then 239c and is now 1c up at 220c and I picked up a few on a DY of over 10%. Over R4million has traded so far, so decent volume for this stock. SENS just out is that Sabvest (JSE codes: SBV & SVN) picked up just under half of the volume at 200c - 235c. They already own just over 10...
2018-12-1319 min
JSEDirect with Simon Brown#95: The financial literacy testIf you secretly hate us but haven't been able to find a different source of financial information, I have some great news! I found a Freakonomics Radio episode that summed up exactly the principles we champion on this show. In this episode, Simon and I take the financial literacy survey. It's only three questions, but understanding their answers will enable you to make great financial decisions. If this sounds vaguely familiar, you might be thinking of this podcast we did last year. Here are the questions: Suppose you have R100 in a savings account...
2018-04-091h 05WorldWide Markets with Simon Brown#95: The financial literacy testIf you secretly hate us but haven't been able to find a different source of financial information, I have some great news! I found a Freakonomics Radio episode that summed up exactly the principles we champion on this show. In this episode, Simon and I take the financial literacy survey. It's only three questions, but understanding their answers will enable you to make great financial decisions. If this sounds vaguely familiar, you might be thinking of this podcast we did last year. Here are the questions: Suppose you have R100 in a savings account...
2018-04-091h 05
JSEDirect with Simon Brown#253: Is Buffett still value?Simon Shares Metrofile* (JSE code: MFL) results were modest but the dividend was up 18% at 13c and core operations also increased 18%. You can now buy shares in the South African Reserve Bank! But should you? Sea Harvest (JSE code: SHG) will be listing later this month. I will apply for allocation. Tongaat* (JSE code: TON) is coming under some selling pressure down to around R123.50. Upcoming events JSE Power Hour: Finding that perfect share JSE Power Hour: Anthony Clark 2017 small cap picks * I hold ungeared positions. Is Buffett a value investor? @JustOneLap @SimonPB...
2017-03-0922 minWorldWide Markets with Simon Brown#253: Is Buffett still value?Simon Shares Metrofile* (JSE code: MFL) results were modest but the dividend was up 18% at 13c and core operations also increased 18%. You can now buy shares in the South African Reserve Bank! But should you? Sea Harvest (JSE code: SHG) will be listing later this month. I will apply for allocation. Tongaat* (JSE code: TON) is coming under some selling pressure down to around R123.50. Upcoming events JSE Power Hour: Finding that perfect share JSE Power Hour: Anthony Clark 2017 small cap picks * I hold ungeared positions. Is Buffett a value investor? @JustOneLap @SimonPB...
2017-03-0922 min
JSEDirect with Simon Brown#229: Role of a Stock Broker in your investment journeyRole of a Stock Broker in your investment journey Simon Shares More finance minister concerns and more rand weakness. The bigger picture is you have to have a bigger picture investment view otherwise events like this will hurt. In the last of this three part series if you had R300, which ETF would you buy? We ask Warren Ingram and Craig Gradidge for their view. Trading Master Class, an index trading system is online and follow up in on Monday at 1pm. Tonight in Durban we have a JSE Power Hour - 9.97562 Possible Pitfalls in Investment...
2016-08-2550 minWorldWide Markets with Simon Brown#229: Role of a Stock Broker in your investment journeyRole of a Stock Broker in your investment journey Simon Shares More finance minister concerns and more rand weakness. The bigger picture is you have to have a bigger picture investment view otherwise events like this will hurt. In the last of this three part series if you had R300, which ETF would you buy? We ask Warren Ingram and Craig Gradidge for their view. Trading Master Class, an index trading system is online and follow up in on Monday at 1pm. Tonight in Durban we have a JSE Power Hour - 9.97562 Possible Pitfalls in Investment...
2016-08-2550 min
JSEDirect with Simon BrownJSE Direct 209: Hating on unit trustsHating on unit trusts
Simon Shares
SPIVA results for South Africa are out and they track how many active managers fail to beat the index. Truth is that even over 1 year most do NOT beat the index. In short, buy passive or lose money? The PDF of the report is here.
Standard & Poors has downgraded SA's expected GDP for 2016 from 1.6% to 0.8% further cementing the likelihood of a downgrade to junk from the rating agency.
African Bank has relaunched, but this is not the one you have shares in. The suspended ABIL sold off good assets and...
2016-04-0721 minWorldWide Markets with Simon BrownJSE Direct 209: Hating on unit trustsHating on unit trusts
Simon Shares
SPIVA results for South Africa are out and they track how many active managers fail to beat the index. Truth is that even over 1 year most do NOT beat the index. In short, buy passive or lose money? The PDF of the report is here.
Standard & Poors has downgraded SA's expected GDP for 2016 from 1.6% to 0.8% further cementing the likelihood of a downgrade to junk from the rating agency.
African Bank has relaunched, but this is not the one you have shares in. The suspended ABIL sold off good assets and...
2016-04-0721 min
JSEDirect with Simon BrownJSEDirect 197 – The Predictions Show 2016We’re back! It's 2016, wowzer.
This week’s show is our annual predictions show with Marc Ashton, GM at Moneyweb, Keith McLachlan, Small/Midcap fund manager at Alpha Wealth and Simon Brown from JustOneLap.
We did our first predictions show in January 2014 and and the second a year later and this is now our third show. Find 2014 here and 2015 here. We promised to revisit our predictions a year later and here we are marking our 2015 predictions and also making our 2016 predictions.
Tweet or Facebook us your predictions.
====
Subscriber to our...
2016-01-1431 minWorldWide Markets with Simon BrownJSEDirect 197 – The Predictions Show 2016We’re back! It's 2016, wowzer.
This week’s show is our annual predictions show with Marc Ashton, GM at Moneyweb, Keith McLachlan, Small/Midcap fund manager at Alpha Wealth and Simon Brown from JustOneLap.
We did our first predictions show in January 2014 and and the second a year later and this is now our third show. Find 2014 here and 2015 here. We promised to revisit our predictions a year later and here we are marking our 2015 predictions and also making our 2016 predictions.
Tweet or Facebook us your predictions.
====
Subscriber to our...
2016-01-1431 min
JSEDirect with Simon BrownJSEDirect 172: Stocks to buy and sell and the best TFSADrikus Combrinck Portfolio Manager CapiCraft Investments
Masterdrill (JSE:MDI)
Grindrod (JSE:GND)
Markel Corporation (NYSE:MKL)
We Get Mail
Helen
Which charting software is best for investing?
JC
Just watched your JSE power hour on TFSA accounts on JustOneLap. What service provider are you using as I am using XXX securities and I cannot buy DBX just do it through their funds… I want a little more flexibility.
Subscriber to our feed here or sign up for email alerts as a new show goes live or subscribe in iTunes.
JSE – The JSE is a registered t...
2015-06-1821 minWorldWide Markets with Simon BrownJSEDirect 172: Stocks to buy and sell and the best TFSADrikus Combrinck Portfolio Manager CapiCraft Investments
Masterdrill (JSE:MDI)
Grindrod (JSE:GND)
Markel Corporation (NYSE:MKL)
We Get Mail
Helen
Which charting software is best for investing?
JC
Just watched your JSE power hour on TFSA accounts on JustOneLap. What service provider are you using as I am using XXX securities and I cannot buy DBX just do it through their funds… I want a little more flexibility.
Subscriber to our feed here or sign up for email alerts as a new show goes live or subscribe in iTunes.
JSE – The JSE is a registered t...
2015-06-1821 minWorldWide Markets with Simon BrownJSEDirect 152 – The Predictions ShowWe’re back! After a six month sabbatical JSEDirect is back and running from JustOneLap coming to you every Thursday. We’re making some changes that we’ll detail in the weeks ahead.
This week’s show is our annual predictions show with Marc Ashton, GM at Moneyweb, Keith Mclachlan, Small/Midcap fund manager at Alpha Wealth and Simon Brown from JustOneLap.
We did our first predictions show in January 2014 and promised to revisit our predictions a year later (find that show here) and here we are marking our 2014 predictions and also making our 2015 predictions.
Su...
2015-01-2134 minJSEDirect with Simon BrownJSEDirect 152 – The Predictions ShowWe’re back! After a six month sabbatical JSEDirect is back and running from JustOneLap coming to you every Thursday. We’re making some changes that we’ll detail in the weeks ahead.
This week’s show is our annual predictions show with Marc Ashton, GM at Moneyweb, Keith Mclachlan, Small/Midcap fund manager at Alpha Wealth and Simon Brown from JustOneLap.
We did our first predictions show in January 2014 and promised to revisit our predictions a year later (find that show here) and here we are marking our 2014 predictions and also making our 2015 predictions.
Su...
2015-01-2134 min