Jsedirect With Simon Brown

This JSE Direct is proudly brought to you by IG, the specialists in CFD trading and a registered financial services provider. Simon Shares Load shedding is back and reports are it's going to be around until maybe 2025 as Eskom needs R200billion. This hurts, we got our of recession yesterday with QonQ GDP growth at 2.2%, but we're going to struggle to grow without electricity. Importantly remember that the majority of the Top40 earnings are from outside of South Africa. So don't confuse the Top40 with the local economy. I missed the return of Pembury (JSE code: PEM) to trading on the JSE. A number of people have asked my view on the stock and it's a simple one. Avoid at all costs. They listed via attempted hype and management have only covered themselves in rubbish since then. Ideas are great but execution is what maters and this team can't execute (heck they can't even get results out in time). NaspersN (JSE code: NPN) results show Multi Choice is not the dead duck everybody claims. Sure some pressure on pr