JSE Direct with Simon Brown
JustOneLap.com
Categories: News & Politics
Listen to the last episode:
Old Mutual Results:
- Surprisingly strong results from Old Mutual.
- Despite stagnant GDP growth and population decline, Old Mutual shows strong growth, indicating market share acquisition.
- Expansion into banking sector questioned due to market saturation.
- Stock analysis: Trading around 1184, showing potential support at 1150 and resistance at 1240-1280.
- Considered cheap with PE ratio around 7.7 and dividend yield over 7%.
- Market consensus predicts an average price target of 14.81.
- Skepticism remains regarding the bank launch and overall upside potential.
- MTN's earnings affected by Naira devaluation in Nigeria.
- Earnings per share down 72%, impacted by tax issues and currency devaluation.
- Stock analysis: Chart showing positive signs, with potential for short-term growth.
- Market consensus includes three strong sells, five holds, and four buys.
- Telco sector struggles due to price pressures and constant capital expenditure.
- Limited upside potential for telco stocks, including MTN.
- ADvTech demonstrates strong operational leverage.
- Operational margins increase due to improved student occupancy rates.
- Revenue up 13%, HEPS up 19%, and dividend per share up 45%.
- Stock analysis: Notably increased in value but still offers potential growth.
- Expectations for around 15% growth in the future.
- Simon Brown expresses satisfaction as a long-term shareholder in ADvTech.
- MPC meeting concludes with no change in rates.
- Governor's hawkish stance indicates possible rate cuts later in the year.
- Inflationary pressures expected to persist due to global factors.
- Delayed rate cuts expected due to inflation concerns.
- Simon Brown attends the SALTA Awards.
- Satrix emerges as the big winner with 10 awards.
- People's Choice Awards highlight popular ETFs, with Satrix Top 40 winning for the seventh consecutive year.
- Introduction of a new award category for foreign ETFs.
- Importance of industry events in highlighting the significance of ETFs and listed trackers.
Simon Brown
* Simon holds ungeared positions.
Previous episodes
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851 - Telcos are horrid investments (#580) Thu, 28 Mar 2024 - 0h
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850 - Abenomics worked, Fed not so much (#579) Fri, 22 Mar 2024 - 0h
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849 - US CPI hasn't come down in 9 months! (#578) Thu, 14 Mar 2024 - 0h
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848 - Shoprite could buy Pick n Pay, but should you buy Shoprite? (#577) Thu, 07 Mar 2024 - 0h
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847 - Nikkei highs, Pick n Pay lows, Bitcoin 1million (#576) Wed, 28 Feb 2024 - 0h
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846 - Budget 2024 panel with AJM Tax (#575) Thu, 22 Feb 2024 - 0h
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845 - Inflation, it ain't over. So what about rates? (#574) Wed, 14 Feb 2024 - 0h
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844 - Has Canal+ won already? The answer is yes. (#573) Wed, 07 Feb 2024 - 0h
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843 - Simon's stocks for this years Cristal challenge Thu, 01 Feb 2024 - 0h
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842 - China in trouble, is it over? Should we be worried? (#571) Thu, 25 Jan 2024 - 0h
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841 - Do elections matter for markets? (#570) Wed, 17 Jan 2024 - 0h
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840 - Predictions 2024; Marc Ashton, Keith McLachlan & Simon Brown (#569) Thu, 11 Jan 2024 - 0h
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839 - JSE winners and losers for 2023 (#568) Wed, 13 Dec 2023 - 0h
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838 - Can Transaction Capital and Purple Group reverse their losses? (#567) Wed, 06 Dec 2023 - 0h
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837 - Charlie Mungers life lesson - always be learning (#566) Thu, 30 Nov 2023 - 0h
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836 - Share buybacks and stock compensation, the bad and the ugly (#565) Wed, 15 Nov 2023 - 0h
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835 - Why telcos are a horrid investment (#564 Thu, 09 Nov 2023 - 0h
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834 - Updating minister Gordhan's portfolio (#563) Wed, 01 Nov 2023 - 0h
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833 - Living small, an update Wed, 25 Oct 2023 - 0h
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832 - Renergen, now what? (#561) Wed, 18 Oct 2023 - 0h
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831 - Old traders, bold traders, but no old and bold traders (#560) Wed, 11 Oct 2023 - 0h
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830 - Pick n Pay cheap on almost every metric, but is it a buy? Wed, 04 Oct 2023 - 0h
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829 - US 10-year highest yield since 2007 is bad news for almost everybody (#558) Wed, 27 Sep 2023 - 0h
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828 - Disney offering serious value (#557) Wed, 20 Sep 2023 - 0h
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827 - Richemont gets interesting, Shoprite gets "extraordinary" (#556) Wed, 06 Sep 2023 - 0h
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826 - Results-a-rama, we review them all (almost) (#555) Wed, 30 Aug 2023 - 0h
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825 - Spur and Calgro M3 both breaking higher (#554) Wed, 23 Aug 2023 - 0h
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824 - China in trouble? (#553) Wed, 16 Aug 2023 - 0h
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823 - Aspen back? Making deals and looking cheap? (#552) Wed, 02 Aug 2023 - 0h
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822 - Understanding central banker speak (#551) Wed, 26 Jul 2023 - 0h
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821 - Inflation back in range, now for rate cuts (#550) Wed, 19 Jul 2023 - 0h
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820 - The Four Horsemen of Big Tech (hello 1999) (#549) Wed, 12 Jul 2023 - 0h
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819 - Two-pot system is confirmed, here all the details (#548) Wed, 05 Jul 2023 - 0h
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818 - A watch list of SA Inc stocks (#547) Wed, 28 Jun 2023 - 0h
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817 - Bye bye inflation? Rate cuts next? (#546) Wed, 21 Jun 2023 - 0h
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816 - Disappearing dividends (#545) Wed, 14 Jun 2023 - 0h
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815 - Buy SA Inc (#544) Wed, 07 Jun 2023 - 0h
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814 - There goes the Rand (#543) Wed, 31 May 2023 - 0h
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813 - Purple rights issues, everything you need to know and do (#542) Thu, 25 May 2023 - 0h
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812 - Data confirms South African consumers are losing purchasing power (#541) Wed, 17 May 2023 - 0h
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811 - The end of the US$, agan? (#540) Wed, 10 May 2023 - 0h
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810 - The PGM miner margin squeeze (#539) Wed, 03 May 2023 - 0h
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809 - Purple Group results, I'm holding (#538) Tue, 25 Apr 2023 - 0h
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808 - Reviewing Gordhan's portfolio & time to sell Capitec? (#537) Wed, 19 Apr 2023 - 0h
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807 - Current open trading positions, long everything (#536) Wed, 12 Apr 2023 - 0h
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806 - Strong Q1 returns (#535) Wed, 05 Apr 2023 - 0h
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805 - The problem with dividends - tax (#534) Wed, 29 Mar 2023 - 0h
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804 - Transaction Capital, is there value? (#533) Thu, 23 Mar 2023 - 0h
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803 - Miss expectations and get slammed (#532) Wed, 15 Mar 2023 - 0h
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802 - Load shedding impact revealed by weaker GDP (#531) Wed, 08 Mar 2023 - 0h
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