Jsedirect With Simon Brown

Simon Shares Somebody buying Metrofile (JSE code: MFL). Started late on Tuesday, sending it almost 13% on the day and holding Wednesday. Mediclinic (JSE code: MEI) paid £432m for 29.9% of Spire Healthcare (LSE code: SPI) in 2015. They're now supporting a buyout from a third party valuing that stake at £287.8m. Healthcare stocks earnings remain under pressure as elective surgery remains limited. Afrimat (JSE code: AFT) to acquire R650m manganese mining rights. Gold above US$1,900 and even with Rand strength (currently 13.85) we're finally seeing gold in ZAR moving a little higher. No change to the repo rate at last weeks MPC meeting. All the excitement was that the next move will be up, but we knew that. Of more interest is that the govoner talks bout 4.5% rather than the 3%-6% range. He always has but it seems MPC will based rate decisions on that 4.5%. * I hold ungeared positions. Upcoming events; 27 May ~ JSE Power Hour: Manage your money like a rock star! 01 June ~ ThinkMarkets: Key points to investin