Jsedirect With Simon Brown
Buy the rumour, sell the fact (#413)
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:20:10
- More information
Informações:
Synopsis
Simon Shares Day 146 of lockdown and Covid-19, new cases definitely on the decline and hence we're now in level 2. S&P500 closed Tuesday at all-time highs. Sasol (JSE code: SOL) after liking the update the market does not like the results. Truworths (JSE code: TRU) has now written down GBP231million of the GBP256million they paid for Office in 2015. Afrimat (JSE code: AFT) buys Coza iron ore for R300m. Tigerbrands (JSE code: TBS) sells value-added meat products business. PSG shareholders holding the share at the close on Tuesday will receive 14 Capitec* (JSE code: CPI) shares for every 100 PSG shares. City Lodge (JSE code: CLH) rights have ceased trading and the share is off almost 30% as many sell their new shares they paid 212c for via the rights issue. Curro (JSE code: COH) results were okay but Keith McLachlan notes that their older schools are losing students at an alarming rate. Curro puts out tough results.. The real worry? Have a look at the massive outflows of students from their mature scho