Jsedirect With Simon Brown

Simon Shares An economic proposal out of National Treasury. Good looking document, but as always implementation is what matters. Adrian Gore, CEO of Discovery* writes a great piece for the World Economic Forum "Things are bad and getting worse for South Africa. Or are they?". Full of actual facts rather than emotions that typically cloud the debate. Naspers (JSE code: NPN) shareholders have agreed to the Prosus unbundling and it will be effective at the open on 11 September. I expect Prosus to trade around R950 and it we do see some value unlock, and I expect that we will, this could add some 4% to the Top40. Not on the day but over the week or so of the unbundling. Exxero (JSE code: EXX) results had a special dividend and growing profits. But what strikes me is a PE of 4x? The market is pricing it as if coal as an energy source will be dead within 4 years? Wealthy Maths: How to calculate future value Managed volatility ETFs explained Upcoming events; 05 September ~JSE Power Hour: Benefits of offshore inves