Jsedirect With Simon Brown

#339: Where's Safcoin?

Informações:

Synopsis

Simon Shares Retailers, woe is worrid. Aside from Foschini (JSE code; TFG) and Lewis (JSE code: LEW) they have ranged from horrid to truly astoundingly horrid. Shoprite* (JSE code: SHP) has also put out a trading update to follow on from the so-so sales update and aside from some internal issues and Angolan hyperinflation the margins are also crumbling. EOH caught in a SENS from Eskom late on Monday, but took them until Wednesday morning to respond - simple too slow as the stock fell almost 15% on Tuesday. Ellies (JSE code: ELI) was a stock I was watching after they made almost 8c HEPS in the year ending April 2018. But now it seems they swung into a loss for the six months ending October and have a board that is falling apart. Taste (JSE code: TAS) announce they need some R580million and +5 years to at best reach break even? Minimalism: Can you eat it? The perks of being exactly average. Upcoming events Tax-free investing review, who ate the returns? * I hold ungeared positions. Where's Safcoin? So Safc