Jsedirect With Simon Brown

Upside surprises (#416)

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Synopsis

Simon Shares Day 167 of lockdown. Local Q2 GDP -16.4% (-51% if you annualise it). Makes us one of the worst-hit economies for Q2, not surprising as we did very hard lockdown. Now to get out of the hole and that's going to be the hard part. Of our three main political parties, the honest answer is none of them really have a workable economic policy that we need right now. Serious buying of SA inc shares the last two days. Jeez peeps are buying SA Inc Top movers in Top40 and MidCap pic.twitter.com/6zgQO5DmHS — Simon Brown (@SimonPB) September 9, 2020   Shoprite* (JSE code: SHP) results knocked it out the park. Their Sixty60 app is killing it. My local Checkers has a bunch of full-time staff packing and scores of motorcycles outside. Right now they are well ahead of the local competition and even ahead of Amazon Fresh in the US. Aspen (JSE code: APN) sells commercial rights and intellectual property for the thrombosis business in Europe for R12.6billion. They'll still manufacture & supply the prod