Jsedirect With Simon Brown

Where's the cash? (#420)

Informações:

Synopsis

Simon Shares How to fix the JSE, some great ideas by Keith McLachlan. SARB buys R39.4billion of local government bonds in the secondary market in September. French Canal+ takes 6.5% stake in Multichoice (JSE code: MCG). Shoprite* (JSE code: SHP) says their loyalty program is a huge part of them gaining R4billion in market share? Launched a year ago it has over 5million members. Pick n Pay (JSE code: PIK) date saw "core retail sales - including food, groceries and general merchandise, but excluding liquor, clothing and tobacco - grew 8.7% year-on-year (6.4% like-for-like)." Sasol (JSE code: SOL) sells some LCCP for US$2billion, reduces debt burden to $8billion. Zeder (JSE code: ZED) keeps dividend and says conditions are improving. But no news on the new strategy. AdaptIT (JSE code: ADI) results after I recorded last Wednesday. The stock was at 120c and HEPS expected at +65c. The stock now 250c. The market gets it wrong sometimes, especially in the small-cap space. Fed chair Powell commenting Wednesday evenin