Jsedirect With Simon Brown

“This week’s episode of JSE Direct is courtesy of IG, our preferred supplier in trading products.” Simon Shares Day 139 of lockdown and Covid-19, new cases definitely on the decline. Clicks (JSE code: CLS) trading update again shows that this company is a machine. Revenue +10% for the 49 weeks to 9 August 2020. Residential property, at the lower end, doing really well. Gold $2,044 last week, hit $2,080, then $1,860. Now $1,935. US WeChat ban. Tencent (Hong Kong share code: 0700) beats expectations. Revenue up 29% YoY. Profit surges as growth hits the fastest pace in two years. Tesla (Nasdaq share code: TSLA) 5:1 split via a special dividend. Upcoming events; 20 August ~ JSE Power Hour: Pro-active passive management Subscribe to our feed here Subscribe or review us in iTunes When bad news is good news The Sasol (JSE code: SOL) trading update reports write-downs of R112billion while the market cap was R95billion and a loss per share (EPS) of around R140 while the share price was R155. Yet the stock