Woensdag 31 Augustus 2016
Op die internet
Solvents to the rescue: How chemistry can save the oilsands industry - Financial Post.
Op die internet - Suid Afrika
Suid Afrika se M3 geld voorraad groei in Julie was net 4.41%, teenoor Junie 5.70%, Mei 6.16%, en April 7.28% (Reserwe Bank). Die lae groei behoort inflasie af te bring, en die Rand sterker te hou, afhangende van hoe ondoeltreffend die ekonomie raak (lone wat meer styg as produksie). Byvoorbeeld, die Verenigde Koningryk se M4 geld voorraad groei was 3.9% in Julie, en die Euro Zone se M3 groei was 4.8%.
Masstores and Pick n Pay trade blows in Constitutional Court - Business Day.
JSE aandele
Die JSE was vandag -1.34% laer. Die Rand is swakker na R14.71. Brent olie is af na $47.10. Die goudprys is af na $1307.10.
Groot stygings: Trencor +3.8% na R35.17, Capco +3.3% na R57.20, Oceano +2.6% na R116.00, Grand Parade +2.5% na R4.10.
Groot dalings: PPC -32% na R5.94 (sonder reg op meer aandele), Mr Price -16% na R184.47, Foschini -7.8% na R130.71, Implats -7.1% na R56.46, DRD Gold -6.9% na R7.44, Steinhoff -5.8% na R88.22, Exxaro -5.3% na R75.23, ARM -5.2% na R87.32, BHP Billiton -4.8% na R188.00, MMI -4.8% na R22.56, ens.
Mustek (MST) se inkomste vir die jaar tot Junie was -0.5% laer, of +4.8% hoër op voortgesette besigheid. Wesens VPA was -39% laer na 76.88c. Lae handel.
Caxton (CAT) se inkomste vir die jaar tot Junie was +2.3% hoër, en vwVPA +7.0% hoër na 116.4c, of verstel -5.1% laer.
Mr Price (MRP) se kleinhandel verkope groei vir die eerste 18 weke van die nuwe finansieële jaar (3 Apr 2016 tot 6 Aug 2016) was +2.3%.
MMI (MMI) verwag vir die jaar tot Junie 'n kern verdunde wesens VPA van 195c tot 205c, -14% tot -18% laer. Dan is die prys/verdienste rondom R23.03/R2.00 ~ 11.5.
Santam (SNT) se bruto geskrewe premiums vir die 6m tot Junie was +8% hoër, en vwVPA -29% laer na 628c. As dit herhaal, is die prys/verdienste R222.70/(~2x 628c) = 18. Saam met die 800c spesiale dividend is die dividend opbrengs (528c+311c+800c)/R222.70 -15% = 6.3%.
Distell (DST) se inkomste vir die jaar tot Junie was +9.6% hoër, en vwVPA +12.1% hoër na 733c. Die prys/verdienste is R167.00/733c = 23. Die dividend opbrengs is 379c/R167.00 -15% = 1.9%.
Steinhoff NV (SNH) se inkomste vir die jaar tot Junie was +33% hoër in € (+21% vir die 2de helfte).
EOH (EOH) verwag vir die jaar tot Junie 'n wesens VPA van 690c tot 748c, +20% tot +30% hoër. Dan is die prys/verdienste rondom R143.30/~719c ~20.
Echo Polska Properties NV (EPP) word 13 Sep 2016 op die Euro-MTF mark genoteer. Die sluitings datum vir private plasing is 6 Sept. Die aangeduide uitreikings prys is €1.45 xR16.08 ~ R23.3. Voorspelde, uitkeerbare inkomste per aandeel is 5.56c€ vir 2016 en 10.30c€ vir 2017, na 5% belasting.
Dinsdag 30 Augustus 2016
Op die internet
Surprising Facts Revealed By A Portfolio Analyzing Tool - Talk Markets. Die aandeel mark wisselings (afwyking van die gemiddelde) is veel groter as die jaarlikse groei, wat beteken dat 'n mens net op dalings moet koop.
EU hits Apple with 13 billion euro Irish tax demand - Reuters. '"Tax rulings granted by Ireland have artificially reduced Apple's tax burden for over two decades, in breach of the EU state aid rules. Apple now has to repay the benefits," Vestager told a news conference.'
How The Chinese Government Muzzles Freedom Of Expression In Canada - Zero Hedge.
Op die internet - Suid Afrika
This is how much money security guards get paid in South Africa - - BusinessTech. Die groot verskil in salarisse van sekuriteits beamptes en polisie wys waarom groter regering na 'n swakker ekonomie lei.
Ambiguous ‘films bill’ unfair to internet providers, says SA Communications Forum - Business Day. "According to the proposed law, the Independent Communications Authority of SA (Icasa) will not issue licences or renewals without confirmation from the Film and Publication Board (FPB) of full compliance with its legislation".
These are the 10 tallest buildings in South Africa - BusinessTech.
Why Peters stopped the Prasa probe - Fin24. Die regering spandeer R83 miljoen om geld vermorsing te ondersoek.
Electricity price alert over Eskom overruns - Business Day.
JSE aandele
Die JSE was vandag -0.22% laer. Die Rand is swakker na R14.49 (die wisselkoers word hoofsaaklik deur uitvoer bepaal. Die kapitaal invloed is tydelik). Brent olie is af na $48.29. Die goudprys is af na $1316.80.
Groot stygings: Caxton +4.6% na R13.61, Comair +4.3% na R3.39, AECI +4.1% na R108.00, Group 5 +4.1% na R25.50, Trencor +4.0% na R33.89, Massmart +3.2% na R134.14.
Groot dalings: DRD Gold -7.4% na R7.99, PPC -5.7% na R8.77 (laaste dag vir die reg om nog aandele te koop), Pivotal -5.0% na R17.01, Gold Fields -4.4% na R77.90, M&R Hold -3.3% na R13.54, Sibanye -3.0% na R58.66, Amplats -3.0% na R407.38.
Redefine (RDF) koop al die Pivotal (PIV) aandele. Pivotal aandeelhouers ontvang 138.54 Redefine en 9.38 aandele in Echo Polska Properties NV vir elke 100 aandele. Die waarde van die Redefine aandele aangebied is R15.59, teenoor Pivotal se aandeel prys van R17.01. Die opbrengs op Redefine aandele is nou omtrent 7.4%. Die aangeduide uitreikings prys vir Echo Polska is €1.45 xR16.08 = R23.3, wat R2.19 werd is per Pivotal aandeel.
RCL Foods (RCL) se inkomste vir die jaar tot Junie was +6.8% hoër, en vwVPA -12% laer na 98.2c.
Advanced Health (AVL) se inkomste vir die jaar tot Junie was +34% hoër, en vwVPA 'n verlies van -8.00c. Die prys/verkope is 171c/108.6c.
DRD Gold (DRD) se inkomste vir die jaar tot Junie was +15.6% hoër, en vwVPA +28% hoër na 12.7c.
Cashbuild (CSB) se inkomste vir die jaar tot Junie was +12.7% hoër, en vwVPA +26% hoër na 1891c (+43% voor SEB). Die prys/verdienste is R397.99/1891c = 21. Die dividend opbrengs is 1001c/R397.99 -15% = 2.1%.
Maandag 29 Augustus 2016
Op die internet
FCC admits defeat in municipal broadband, won’t appeal court loss - Arstechnica. "About 20 states impose limits on the rights of cities and towns to compete against private Internet service providers". Wat doen ICASA in Suid Afrika omtrent munisipaliteite se Wi-Fi netwerke?
If Tesla Model 3 Delivers, “Gas Vehicles Are History,” Gasoline & Automotive Services Dealers Of America Exec Says - CleanTechnica. Deur die olie prys op te jaag tot $110 het OPEC die aanvraag en aanbod van olie permanent verander.
QE, End of the Private Sector? Japanese Government Now Largest Shareholder of 474 Big Companies - Wolf Street.
Op die internet - Suid Afrika
Downgrade for SA still possible as policy change stalls - Business Day. "However, at around 11%, Brazil’s 10-year government bond yield is lower now that it is a "junk status" economy than for most of last year when it was still considered investment grade."
JSE aandele
Die JSE was vandag +0.11% hoër. Die Rand is swakker na R14.41. Brent olie is af na $49.15. Die goudprys is af na $1323.60. Banke, eiendom en die Rand was laer weens die Valke se ondersoek van die minister van finansies.
Groot stygings: Workforce +8.3% na R1.95, PPC +6.3% na R9.30, Astoria +4.7% na R11.90, Pinnacle +4.7% na R16.43, Assore +4.6% na R167.00, Sappi +4.2% na R72.00, Italtile +3.6% na R14.50, Hulamin +2.9% na R5.40, Naspers +1.9% na R2431.64.
Groot dalings: DRD Gold -5.8% na R8.63, Gold Fields -3.6% na R81.45.
Metrofile (MFL) se inkomste vir die jaar tot Junie was +10.8% hoër, en wesens VPA +4.1% hoër na 30.5c, of genormaliseerd 33.8c. Die prys/verdienste is 495.19c/33.8c, en dividend opbrengs DY=30c/R495.19 -15% = 5.1%.
Supergroup (SPG) se inkomste vir die jaar tot Junie was +31% hoër, en vwVPA +8.6% of +11% hoër na 287.3c (-1.7% laer vir die 2de helfte), met kern vwVPA +7.3% of +9.6% hoër na 302.6c (+3.5% hoër vir die 2de helfte).
Texton (TEX) se huur uitkering vir die 6m tot Junie is 52.16c.
SA Corporate en Calgro M3 stig Afhco Calgro M3 Consortium (Pty) Ltd om residensieële eiendom van Calgro te bekom, of so iets.
SA Corporate (SAC) se huur uitkering vir die 6m tot Junie is 21.44c. Groei van +9% word vir die jaar 2016 verwag.
Synergy Income Fund (SGA, SGB), Vukile Property Fund (VKE) en Arrowhead Properties Ltd (AWA) is betrokke by 'n transaksie. Synergy wil hulle naam verander na Gemgrow Properties Ltd.
Bidvest (BVT) se omset was +3.5% hoër, en voortgesette vwPVA +2.7% hoër na 1050.4c. Die prys/verdienste is R153.69/R10.50 = 14.6. Die jaar ekwivalente dividend opbrengs is (2x 232c)/R153.69 -15% = 2.6%.
Sondag 28 Augustus 2016
Op die internet - Suid Afrika
How commercial property rental works in South Africa - BusinessTech.
Why the Hawks have no factual or legal basis to investigate Gordhan – expert - BusinessTech. As al die ander regerings departemente onbekwaam is, waarom sal die valke afwyk van die normaal?
Saterdag 27 Augustus 2016
Op die internet - Suid Afrika
R600,000 for a train toilet seat – Prasa documents - BusinessTech.
Vrydag 26 Augustus 2016
Op die internet
Earnings Insight S&P 500 (pdf) - Factset.
Fatal Consequences: One Way Or Another, The Credit Boom Will Go Bust - Talk Markets.
Visualizing GDP: An Inside Look At The Q2 Second Estimate - August 26, 2016 - Talk Markets.
Japan's deflationary spiral worsens as 'Abenomics' falters - The Guardian.
Op die internet - Suid Afrika
The cost of a basic food basket in South Africa is up R100 in six months – Massmart - BusinessTech.
ANC alleged to have received R80 million in Prasa train bribes: report - BusinessTech.
JSE aandele
Northam Platinum reckons the metal will boom again - Miningmx. Die gebrek aan wins onder platinum myners dui op 'n oor aanbod en/of 'n mark wat nie 'n hoër platinum prys kan hanteer nie. As myn koste opgaan weens swakker gehalte erts, kan dit nie goed wees vir myn winste nie.
Struggling Country Road ruffles Woolworths’ elegant earnings - Moneyweb.
Adcock Ingram: On the road to recovery - Moneyweb.
Invicta's failure to come clean and the problems that follow - Rand Daily Mail.
Die JSE was vandag +0.04% hoër. Die Rand is sterker na R14.10. Brent olie is op na $49.94. Die goudprys is op na $1330.40. Die yster erts prys (China fyn ingevoer) is effens hoër as 'n week gelede na $58.9.
Groot stygings: Assore +3.7% na R159.64, Rhodes +3.5% na R26.40, Grindrod +3.1% na R11.70, Advanced Health +3.1% na R1.69, Glencore +2.7% na R34.20, Afrox +2.4% na R20.98.
Groot dalings: Vukile -4.2% na R17.25, Sappi -4.1% na R69.07, Italtile -3.5% na R14.00, Nepi -3.1% na R162.30, Woolworths -2.6% na R84.75.
Northam (NHM) se inkomste vir die jaar tot Junie was +1% hoër, en die vwVPA 'n verlies van -140.9c. Die prys/verkope is R47.73/R17.4 = 2.7.
Adcock Ingram (AIP) se inkomste vir die jaar tot Junie was 0% of +7% hoër, en vwVPA +43% hoër na 228.7c. As die 2de helfte wins herhaal, is die prys/verdienste R46.80/(2x 129.1c) = 18. Die dividend opbrengs is 104c/R46.80 -15% = 1.9%.
Donderdag 25 Augustus 2016
Op die internet
New research reveals cancers need a 'perfect storm' of conditions to develop - Science Daily.
Twitter Abuse Continues, But Olympic GIFs Will Get You Banned - Fortune.
"The End Will Be Very Painful" Massive European Pension Fund "Single Biggest Concern" Is "Central Bank Pumping" - Zerohedge.
Op die internet - Suid Afrika
Gripping Graph: Drunk driving - Financial Mail. "Six out of every 10 fatalities on SA’s roads are caused by intoxicated drivers ..." Mense weet al lankal van die invloed van drank op ongelukke en misdaad.
JSE aandele
Die JSE was vandag -0.15% laer. Die Rand is dieselfde op R14.23. Brent olie is op na $49.55. Die goudprys is af na $1322.60.
Groot stygings: Workforce +5.6% na R1.90, Italtile +6.2% na R14.50, Aveng +4.1% na R5.85, Basil Read +3.7% na R2.80, Fortress B +3.8% na R34.35, Fortress A +3.6% na R16.65, Afrimat +3.4% na R24.20.
Groot dalings: Grindrod -5.4% na R11.35, Sibanye -3.2% na R62.91, OneLogix -3.1% na R3.15, MTN -2.4% na R121.28, JSE -2.4% na R165.77, South32 -2.2% na R21.35, Glencore -2.2% na R33.31.
Howden (HWN) se inkomste vir die 6m tot Junie was 3.7% hoër, en wVPA +1.1% hoër na 140.8c. Lae handel.
Discovery (DSY) verwag vir die jaar tot Junie 'n wesens VPA van 529.4c tot 617.7c, -30% tot -40% laer, of genormaliseerd 672.2c tot 705.8c, 0% tot +5% hoër. Dan is die prys/verdienste rondom R121.49/~689c ~ 18.
South32 (S32) se inkomste vir die jaar tot Junie was -25% laer in $, en vwVPA 'n verlies van -$0.034 ($0.026 wins vir die 2de helfte). Die 2de helfte prys/verdienste is R21.90/(2x $0.026 xR14.14) = 30. Die prys/verkope is R21.90/($1.091 xR14.14) = 1.4.
Sibanye Gold (SGL) se inkomste vir die 6m tot Junie was +11% hoër in $, en vwvPA $0.08 of R1.20, of genormaliseerd $0.15 of R2.34.
Hammerson PLC (HMN), 'n VK eiendom beleggings trust, kry 1 Sep 'n sekondêre notering op die JSE. Die vwVPA vir die jaar tot Junie was 12.6p + 13.6p. Die tussen dividend vir die 6m tot Junie was 10.1p.
OneLogix (OLG) se inkomste vir die jaar tot Junie was +30% hoër, en vwVPA 25.7c. Kern wesens VPA was +2% hoër na 34.6c. Lae handel.
Italtile (ITE) se omset vir die jaar tot Junie was +13.6% hoër, en vwVPA +21% hoër na 85.5c . Die prys/verdienste is R13.65/85.5c = 16. Die dividend opbrengs is 29c/R13.65 -15% =1.8%.
Grindrod (GND) se inkomste vir die 6m tot Junie was -8.2% laer, en vwVPA 'n verlies van -50.8c.
Massmart (MSM) se inkomste vir die 6m tot Junie was +8.9% hoër, en vwVPA +19% hoër na 145.8c (+14.3% voor wisselkoers). Die prys/verdienste is R134.00/(386.4c + 145.8c) = 25. Die dividend opbrengs is (112.16c + 74.10c)/R134.00 -15% = 1.2%.
Woolworths (WHL) se inkomste vir die jaar tot Junie was +15.3% hoër, en vwVPA +23.3% hoër na 452.5c, of verstel +8.9% hoër na 453.4c. Die prys/verdienste is R85.50/453.4c = 19. Die dividend opbrengs is 313c/R85.50 -15% = 3.1%.
Woensdag 24 Augustus 2016
Op die internet
7 uncomfortable facts about France’s burkini controversy - Washington Post. Die Franse Hugenote het na Suid Afrika gekom weens vervolging in Frankryk.
The Copper Market Is Heading For A Shock: Goldman - Talk Markets.
Op die internet - Suid Afrika
Study appears to vindicate California’s tax on sugary drinks - Business Day. "This June, a federal judge put on hold a city plan requiring health warnings for sugary drink advertisements after the beverage industry argued the requirement violated free-speech rights". Idiote.
Two former SARS officials Ivan Pillay and Johann Van Loggerenberg will meet Hawks - Business Day.
JSE aandele
Die JSE was vandag +1.14% hoër. Die Rand is swakker na R14.25. Brent olie is af na $48.86 (Die OPEC mandjie prys het Vrydag 'n $46.82 piek bereik en teen gister na $45.34 gesak). Die goudprys is af na $1325.20 (wat het van die voorspellings oor 'n baie hoër goud prys geword).
Groot stygings: Work Force +12.5% na R1.80, Sappi +8.6% na R72.49, Aveng +5.8% na R5.62, Bidcorp +4.8% na R265, Anglo Gold +4.3% na R258.41, Hosp B +4.1% na R3.80, Brait +3.5% na R117.94, BHP Billiton +3.5% na R198.28, Naspers +3.3% na R2401.74.
Groot dalings: Redefine -5.6% na R11.13, Standard -5.6% na R140.60, First Rand -5.5% na R46.75, Spar -5.4% na R196.50, Barclays Afr -5.1% na R155.00, Growthpoint -4.8% na R26.12, Pick n Pay -4.5% na R77.50, ens.
PPC (PPC) se inkomste vir die 3m tot Junie was +6% hoër, en vwVPA -58% laer na 16c. PPC bied aan aandeel houers die reg om nog 160.06486 aandele vir elke 100 aandele gehou te koop teen R4.00 per aandeel.
Murray & Roberts (MUR) se inkomste vir die jaar tot Junie was +8.9% hoër, en die vwVPA -26% laer na 153c.
Glencore Xstrata (GLN) se inkomste vir die 6m tot Junie was -19% laer, of -6% op herverklaarde inkomste. Die verdunde wesens verlies per aandeel is -$0.03. (As Glencore ooit weer die 2012 vwVPA van $0.30 bereik, sal die prys/verdienste R34.00/($0.30 xR14) = 8.1 wees)
Workforce (WKF) se inkomste vir die 6m tot Junie was +32% hoër (+18% sonder Prisma Training Solutions en Quyn), en wVPA +45% hoër na 17.7c. Gewoonlik lae handel.
Blue Label Telecoms (BLU) se inkomste vir die jaar tot Mei was +19% hoër, en kern vwVPA +21% hoër na 102.85c.
Hospitality A (HPA) se uitkering van 78.62c is 'n ekwivalente jaar opbrengs van 2x78.62c/R13.25 = 11.9%. B se 17.94c uitkering is 'n opbrengs van 2x17.94c/R3.65 = 9.8%.
Bidcorp (BID) se pro forma inkomste vir die jaar tot Junie was +21% hoër (konstante wisselkoers +4.3%), en vwVPA +32% hoër na 1078c (konstante wisselkoers +14%). Die prys/verdienste is nou R252.81/R10.78 = 23.
BHP Billiton het in die goeie dae van 2012 verkope per aandeel van $13.5 gehad, 'n netto wins marge van 25%, en die prys/verdienste was rondom R220/($3.38 x R8.25) = 7.9. Vandag is die verkope per aandeel minder as die helfte teen $5.808, hulle maak 'n verlies, maar die aandeel prys is steeds R190, net 14% laer. Dit is deels die swakker Rand. As hulle 'n 10% marge bereik, sal die prys/verdienste ~ R190/($0.58 x R14) ~ 23 wees.
Die Rand het verswak op berigte dat die minister van finansies, Pravin Gordhan, deur die Hawks ondersoek word. Die media reaksie maak nie sin nie. One weet die huidige minister kan nie regerings uitgawes beheer nie. Gemors krediet gradering vir Suid Afrika lyk waarskynlik. 'n Nuwe minister is in elk geval nodig. As die minister van finansies aangekla word van wanbesteding sal dit 'n presedent skep wat wonderlik vir ekonomie sal wees.
Dinsdag 23 Augustus 2016
Op die internet
An MIT Scientist Claims That This Pill Is the Fountain of Youth - NY Mag.
Buy When There’s Blood In The Streets – Part 2 of Not The Best Time In History To Invest In Real Estate - Wall Street Examiner. Wanneer rentekoerse opgaan, val eiendom en aandele gewoonlik.
Op die internet - Suid Afrika
Tax collected in first quarter misses SARS target by R4.5bn - Business Day.
Treasury Confirms Gordhan Seeking Legal Advice After Hawks' Summons - Eyewitness News.
The shocking number of books the average South African author sells - BusinessTech. Amazon het seker miljoene boeke te koop, waarvan 99% nie verkoop nie.
My income is below the tax threshold, should I pay dividends tax? - Moneyweb.
JSE aandele
Die JSE was vandag +0.24% hoër. Die Rand is swakker na R13.79. Brent olie is effens op na $49.81. Die goudprys is dieselfde op $1338.90. Groot stygings: Anglo +4.5% na R155.00, BHP Billiton R191.63, Petmin +3.9% na R1.33, Glencore +3.3% na R33.72, Balwin +3.2% na R9.28, Capco +3.0% na R52.26, Nampak +2.5% na R20.15. Groot dalings: Aveng -10.1% na R5.35, Basil Read -4.8% na R2.76, Amplats -4.0% na R398.40, Implats -3.5% na R59.67.
Die verwagte koste van Sasol (SOL) se Lake Charles Chemiese Projek is US$11 biljoen, $2.1 biljoen meer as die Oktober 2014 skatting.
Advanced Health (AVL) verwag vir die jaar tot Junie 'n wesens verlies per aandeel van 8.02c.
Santam (SNT) koop RMB-SI Investments Pty Ltd van Rand Merchant Investment Hold Ltd (RMI). Dit het geen
wesenlike uitwerking op die finansiële resultate van RMI nie.
Shoprite (SHP) se verkope vir die jaar tot Junie was +11.6% hoër, of +14.3% vir 53 weke, en wVPA +12.7% hoër na 867c, of +17% hoër na 900c vir 53 weke.
Aveng (AEG) se inkomste vir die jaar tot Junie was -23% laer, en het 'n wesens verlies van -74.4c per aandeel gemaak.
Imperial (IPL) se inkomste vir die jaar tot Junie was +8% hoër, en vwVPA -4.4% laer na 1538c, of kern -2% laer na 1702c.
Master Drilling (MDI) verwag vir die 6m tot Junie 'n wesens VPA van 93.9c tot 101.4c, +25% tot +35% hoër. Lae handel.
Transpaco (TPC) se inkomste vir die jaar tot Junie was +26% hoër, en vwVPA +36% hoër na 329.6c. Lae handel.
Maandag 22 Augustus 2016
Op die internet
A tiny ball of gold could help fight Alzheimer’s - The Verge.
Op die internet - Suid Afrika
#Oilgate: How insiders stole R1.5bn in sale of SA's strategic oil stockpile - Biznews.
Massive Eskom project is R27 billion over budget and four years late: report - BusinessTech.
DA accuses ANC of trying to disrupt new Tshwane administration - Business Day.
SA sugar tax: You’ll pay 20% more to cut out half a teaspoon of sugar - BusinessTech. Die koste van mediese behandeling weens suiker word nie genoem nie, wat eintlik die doel is. As die publiek self vir mediese koste betaal, in plaas van deur die staat en mediese fondse gesubsidieer te word, sou die suiker belasting onnodig gewees het.
Joburg promises free Wi-Fi for 'all residents' - Fin24tech. Gratis netwerk toegang kan die aanvraag na gesteelde selfone vergroot, van diegene wat sonder die gratis toegang dit nie kon bekostig nie. Die regering dra by tot misdaad. Dit is soos die gratis digitale TV ontvangers wat uitgedeel word aan kykers wat nie lisensies het nie, en waarskynlik gesteelde TVs gebruik.
JSE aandele
Die JSE was vandag +0.11% hoër. Die Rand is swakker na R13.60. Brent olie is af na $49.35. Die goudprys is af na $1339.00. Groot stygings: Grand Parade +6.2% na R3.95, Rolfes +5.7% na R3.89, WBHO +2.7% na R142.20, Ethos +2.6% na R9.75, Adcorp +2.6% na R17.55, Naspers +2.5% na R2335.00. Groot dalings: DRD Gold -16.4% na R9.00, Amplats -5.0% na R415.00, Assore -4.6% na R157.91, Anglo Gold -3.7% na R251.32, Italtile -3.4% na R13.60, Basil Read -3.3% na R2.90, Raubex -3.3% na R21.75, Anglo -3.0% na R148.31, Arcelor Mittal -2.6% na R7.52.
Implats (IMP) verwag vir die jaar tot Junie 'n wesens VPA van 9c tot 16c, -56% tot -75% laer.
Basil Read (BSR) se inkomste vir die 6m tot Junie was -12.3% laer, en vwVPA +32% hoër na 48.92c. Die prys/verdienste is R2.90/(83.2c+48.92c) = 2.2.
Sun International (SUI) se inkomste vir die jaar tot Junie was +15% hoër, en die vwVPA 'n verlies van -387c, of verstel 'n wins van 628c, of voortgeset 593c.
AdvTech (ADH) se inkomste vir die 6m tot Junie was +28% hoër, en die vwVPA +44% of +48% hoër na 36.4c, of gernormaliseerd +20% of +24% hoër na 31.8c. Die prys/verdienste is nou 1589c/(28.2c+31.8c) = 26.
DRD Gold (DRD) verwag vir die jaar tot Junie 'n wesens VPA van 12.2c tot 13.3c, +23% tot +34% hoër.
ArcelorMittal SA agrees to R1.5bn fine - IOL
Sondag 21 Augustus 2016
Op die internet
‘A Good Reason Not to Panic’ about July’s Plunging Home Sales - Wolf Street.
Saterdag 20 Augustus 2016
Op die internet
For Sale: The World's First $1+ Billion Dollar House - Zero Hedge.
Op die internet - Suid Afrika
Ford South Africa busted for misleading fuel consumption claims - Mybroadband.
Vrydag 19 Augustus 2016
Op die internet
The Definitive Answer To Whether The Oil Market Has Rebalanced - EconMatters. Die aandele van olie maatskappye word geprys vir 'n terugkeer na die groot wins toe olie $110 was. Of olie nou $40, $50 of $60 is verander nie die voortuitsigte vir olie maatskappye nie. Die olie prys sal stabiliseer waar genoeg olie geproduseer word om in die aanvraag te voldoen, teen lae wins. Daar is 'n groot bohaai oor niks.
Toward Stagflation - The Real End Game For Central Banks - Zero Hedge.
Vancouver Housing Market Implodes: Average Home Price Plunges 20% In 1 Month - "The Market Is Devastated" - Zero Hedge.
Op die internet - Suid Afrika
ANC members tell Motlanthe: Remove corrupt councillors - Timeslive.
JSE aandele
Die JSE was vandag -0.41% laer. Die Rand is swakker na R13.51. Brent olie is af na $50.45. Die goudprys is af na $1345.00. Groot stygings: Italtile +4.2% na R14.08, Adcock +4.0% na R47.05, Lewis +3.4% na R44.75, Harmony +3.0% na R55.20, Pinnacle +2.7% na R16.19, Wilson BHO +2.6% na R138.50, Esor +2.5% na 41c. Groot dalings: ARM -5.0% na R97.74, Nampak -4.8% na R20.00, Glencore -3.3% na R33.36, South32 -3.1% na R20.73, Aveng -2.8% na R5.86.
Die yster erts prys (China fyn ingevoer) gaan meestal sywaarts, en is nou $58.5.
African Rainbow Minerals (ARI) verwag vir die jaar tot Junie 'n wesens VPA van 475c tot 510c, -36% to -41% laer.
Mustek (MST) verwag vir die jaar tot Junie 'n wesens VPA wat meer as -20% laer is, teen nie meer as 100.0c nie.
Sibanye Gold (SGL) verwag vir die 6m tot Junie 'n wesens VPA van 120c tot 122c, of genormaliseerde VPA 231c tot 237c.
Adcock Ingram (AIP) verwag vir die jaar tot Junie 'n wesens VPA van 227.2c tot 228.9c, +42% tot +43% hoër. Dan is die prys/verdienste omtrent R47.19/~228c ~ 21.
Wilson Bayly Holmes-Ovcon (WBO) verwag vir die jaar tot Junie 'n wesens VPA van 1234c tot 1351c, of voortgeset 1309c tot 1418c.
Hammerson : Intention to list on the JSE - 4-traders.
CL profit drops on milling writedown - IOL.
Donderdag 18 Augustus 2016
Op die internet
Native Americans Banned from Protesting Pipeline on Own Land - Telesur.
Stop our diplomats helping Mandelson to do deals, Boris is told after revelation staff had helped arrange talks with Zimbabwe and other corrupt states - Daily Mail Online.
Business Loan Delinquencies Rock Past Lehman Moment Level - Wolf Street.
Canadian Debt Slaves Pile it on, Millennials Fall Behind - Wolf Street. "This gives Canadian households one of the highest debt-to-income ratios in the world."
Olympic Gold Medals Have Almost Zero Gold in Them - Visual Capitalist. Al daai moeite, en dis nie eers goud nie.
Here's proof that the economic recovery is over - CNBC.
3 factors point to an autumn US stock correction, global strategist says - CNBC. Herfs in die VSA is September tot Desember.
'Fixer Upper' stars upset homes are becoming vacation rentals - Fox News.
Australia's major banks face U.S. class action over rate rigging - Reuters.
Oil Panic-Buying Continues - Zero Hedge. Dit lyk of die mark elke terugkeer na die $50 vlak vir Brent. Olie maatskappye verhandel op baie hoë vlakke vir die lae wins of verlies wat hulle maak teen die huidige olie prys.
Op die internet - Suid Afrika
A look at the stunning new R2.5 billion council chamber for Joburg - BusinessTech. Dit is nog geld wat weggeneem word van ekonomiese ontwikkeling wat permanente werk skep.
5 hard truths about South Africa’s coalitions you don’t want to hear - BusinessTech. Die administrasie van munisipaliteite word deur die munisipale bestuurder hanteer. Solank die rade 'n bekwame bestuurder aanstel, sal daar nie noodwendig chaos wees nie. Tariewe kan opgaan as meer gratis dienste uitgedeel word, of betalings agterstallig bly.
JSE aandele
Die JSE was vandag +1.3% hoër. Die Rand is sterker na R13.34. Brent olie is op na $50.80. Die goudprys is op na $1349.90. Groot stygings: Standard +7.3% na R153.00, OneLogix +7.1% na R3.00, Anchor +5.8% na R12.70, Esor +5.3% na R0.40, Murray & Roberts +4.3% na R14.92, Implats +4.0% na R65.00, Imperial +3.8% na R173.50, Nedbank +3.7% na R227.51, BHP Billiton +3.3% na R188.49. Groot dalings: Truworths -8.2% na R84.00, Metair -3.7% na R19.50.
Dit lyk of aandele deur indeks fondse rondgedruk word. Die beweging in aandeel pryse stem nie ooreen met die resultate wat maatskappye uitbring nie.
Cashbuild (CSB) verwag vir die jaar tot Junie 'n vwVPA van 1840.4c tot 1915.8c, +22% tot +27% hoër, of sonder die SEB transaksie 2111.9c tot 2187.3c, +40% tot +45% hoër. Die prys/verdienste is omtrent R391.52/~R18.8 ~ 21.
Murray & Roberts (MUR) verwag vir die jaar tot Junie 'n vwVPA van 148c tot 158c.
Truworths International (TRU) se inkomste vir die jaar tot Junie was +44% hoër. Verdunde wesens VPA was +12% hoër na 665.9c, en verstel +16.2% hoër na 688.2c. Die prys/verdienste is R85.87/688.2c = 12.5. Die jaar se dividend opbrengs is 445c/R85.87 -15% = 4.4%.
RCL Foods (RCL) verwag vir die jaar tot Junie 'n wesens VPA van 95.0c tot 105.0c, -7.2% tot -11% laer. Lae handel.
Capital & Regional PLC (CRP) se netto bate waarde vir Junie is dieselfde as Desember op 71p x R17.36 ~ R12.30, teenoor 'n aandeel prys van R10.60. Die 6m huur uitkering is +8% hoër na 1.62p. Die jaar opbrengs is (2x 1.62p x R17.36)/R10.60 ~ 5.3%. Lae volume.
Standard bank (SBK) se totale inkomste vir die 6m tot Junie was -22% laer of +13.6% hoër op herverklaarde bedrag, en vwVPA +5.0% of +6.8% hoër na 671.2c. Die prys/verdienste is R153/R14.09 = 10.9. Die 12m dividend opbrengs is 711c/R153 -15% = 4.0%.
Adapt IT (ADI) se inkomste vir die jaar tot Junie was +39% hoër, en vwVPA +21.6% hoër na 55.21c, of +33.7% op herverklaarde VPA. Die prys/verdienste is R12.74/55.21c = 23.
Exxaro Resources (EXX) se inkomste vir die 6m tot Junie was +17% hoër, en vwVPA +1.3% hoër na 307c, of 341c voortgeset. Die 12m dividend opbrengs is 1.8%.
Metair (MTA) se inkomste (57% van energie storing) vir die 6m tot Junie was +13.7% hoër, en vwVPA -51% laer na 54c.
Gold Fields (GFI) se inkomste vir die 6m tot Junie was +2.8% hoër in $, en die vwVPA $0.15.
Tencent’s splurge on entertainment pays off - IOL.
Woensdag 17 Augustus 2016
Op die internet
Why China’s Multi-Decade Manufacturing Miracle is Over - Wolf Street.
With Windows 10, Microsoft Blatantly Disregards User Choice and Privacy - Wolf Street.
U.S. Healthcare is a Global Outlier, and Not in a Good Way - Visual Capitalist.
Goldman: The Last Two Times P/E Multiples Expanded This Much, The Result Was A Historic Crash - Zero Hedge.
The Worst Months Of The Year! - Talk Markets.
Brazilian judge wants Ryan Lochte's passport following alleged robbery - Entertainment Weekly. Ryan Lochte lied about robbery, Brazilian police official says - Fox News.
Op die internet - Suid Afrika
A look at the new R25 billion city being developed outside Durban - BusinessTech. "The development includes the R1.5 billion Investec Cornubia Mall, which is a 85000 square metre structure located only 4km away from the biggest mall in Africa – Gateway". 'n Ekonomie kan nie net uit winkel sentrums bestaan nie.
Retail sales come in much lower than expected - Business Day. "Retail sales grew 1.7% in June ..."
OpenView HD to close four channels - TechCentral.
JSE aandele
Die JSE was vandag -0.16% laer. Die Rand is swakker na R13.45. Brent olie is op na $49.68. Die goudprys is af na $1344.80. Groot stygings: Anchor +6.7% na R12.00, Aveng +5.9% na R6.09, Esor +5.4% na R0.39, Naspers +4.5% na R2230, Raubex +4.1% na R22.50. Groot dalings: Harmony -6.4% na R53.94, Assore -5.7% na R163.01, Nampak -5.0% na R20.76, Amplats -5.0% na R442.94, PPC -4.7% na R9.44, Grindrod -4.4% na R12.36, Discovery -3.2% na R122.20, Sanlam -3.1% na R66.84.
Grindrod (GND) verwag vir 6m tot Junie 'n wesens VPA verlies van -46c tot -54c.
Anchor Group (ACG) se inkomste vir die 6m tot Junie was R202.3M teenoor R146.2M die 6m voor dit, en die verstelde verdunde VPA 33.7c teenoor 33.8c die 6m voor dit. Die netto bate waarde was 483c. Die prys/verdienste is R11.98/67.5c = 17.7.
Emira (EMI) se uitkering vir die 6m tot Junie is 'n jaar opbrengs van (70.34c + 75.76c)/R14.55 = 10.0%. 'n -2% daling in uitkering word vir volgende jaar verwag. Lae handel. 'n Uitdrukking van belangstelling was 25 Julie van Arrowhead ontvang.
Northam Platinum (NHM) verwag vir die jaar tot Junie 'n wesens VPA verlies van -131.90c tot -152.20c.
Sun International (SUI) verwag vir die jaar tot Junie 'n wesens VPA verlies van -370c tot -420c, en 'n verstelde verdunde VPA van 608c tot 647c, of wat soveel laer is as laasjaar se 789c. Die aankondiging is onduidelik.
Harmony Gold Mining (HAR) se inkomste vir die jaar tot Junie was +19% hoër. Die verdunde wesens VPA vir die jaar is 216c, en vir die laaste 6m 310c. Die 2de helfte prys/verdienste is R57.62/(2x ~310c) ~ 9.3. Die goud prys was R18,800/ons vir die 2de helfte, teenoor R1343 x R13.44 = R18,050 nou. Goud produksie was -10% laer vir die 2de helfte as die 1ste helfte.
Tencent smashes analysts’ earnings forecasts - TechCentral. Inkomste was +52% hoër vir die kwartaal tot Junie, en VPA +46% hoër, of nie-GAAP VPA +41% hoër (pdf). Naspers se aandeelhouding in Tencent is omtrent R2400 werd (Tencent HK$193.00 x 9.48B uitgereikte aandele x wisselkoers R1.7360/HK$ x 32.6% aandeelhouding deur Naspers ÷ Naspers se 431M uitgereikte aandele).
Dinsdag 16 Augustus 2016
Op die internet
Global central banks dump U.S. debt at record pace - CNN Money.
U.S. companies' stock buyback plans hit four-year low: TrimTabs - Reuters.
The Best Universal Remote You Can Buy - The Verge. Ons wag net vir TV programme wat die moeite werd is om te kyk.
Clinton comes after the rich: 'We're going where the money is' - Washington Examiner. "We are going after the super wealthy, we are going after corporations, we are going after Wall Street so they pay their fair share," Clinton said (Christopher Dolan/The Times & Tribune via AP). Daar kom die ekonomiese depressie nou.
Op die internet - Suid Afrika
100 000 cases of unpaid claims for injured workers - IOL. "Health Minister Aaron Motsoaledi has blocked the tabling of the financials of the Compensation Fund in Parliament because he wanted to clean up the backlog of 100 000 cases of unpaid claims to injured workers".
Breaking News: Eskom tariff increase set aside - Moneyweb.
How common are 100% home loans in South Africa? - BusinessTech.
JSE aandele
Ander aandeel markte was vandag af: Nikkei -1.62%, Shanghai -0.49%, DAX -0.58%, CAC -0.83%, FTSE 100 -0.68%, S&P500 sover -0.36%.
Die JSE het vandag onveranderd geëindig. Die Rand is swakker na R13.31. Brent olie is op na $49.06. Die goudprys is op na $1346.20. Groot stygings: Hospitality B +7.6% na R3.55, Stef Stock +6.1% na R4.35, Basil Read +5.2% na R3.05, Glencore +3.7% na R34.14, Kumba +3.4% na R141.48, Brait +3.2% na R115.59, Anglo +3.1% na R154.71, Amplats +3.1% na R466.13. Groot dalings: Anglo Gold -6.1% na R266.24, Telkom -3.6% na R64.31, Harmony -3.6% na R57.62, Curro -3.6% na R41.17, Santam -3.2% na R223.99, Foschini -3.1% na R154.51.
Prys/verkope: Anglo R154.71/~(2x $7.69 xR13.31) ~ 0.76, Amplats R466.13/~(2x R116.8) ~ 2.0, BHP Billiton R182.29/($5.808 xR13.25) ~ 2.4, Implats R64.30/~(2x R23.9) ~ 1.3, Northam R51/~(2x R9.16) ~ 2.8.
Arrowhead (AWA, AWB) betaal 'n kwartaal dividend van 20.875c.
Santam (SNT) verwag vir die 6m tot Junie 'n wesens VPA van 612c tot 656c, -26% tot -31% laer. As dit herhaal, is die prys/verdienste R223.60/~R12.68 ~ 17.6.
BHP Billiton (BIL) se inkomste vir die jaar tot Junie was -41% laer, of -31% laer as voortgesette besigheid, en die vwVPA 'n verlies van -$0.163. Die prys/verkope is R178.07/($5.808 xR13.25) ~ 2.3.
Basil Read (BSR) verwag vir die 6m tot Junie 'n wesens VPA van 44c tot 51c, +18.5% tot 37.4% hoër.
Curro (COH) se inkomste vir die 6m tot Junie was +24% hoër, en die vwVPA +49% hoër na 21.6c. As dit herhaal is die prys/verdienste R42.69/(~2x 21.6c) ~ 99.
European operations drive Group Five's growth - Business Day.
AngloGold describes Obuasi invasion as “surreal” - Miningmx. "The situation at AngloGold Ashanti’s beleaguered Obuasi mine in Ghana – which has been invaded by thousands of illegal miners – has stunned management with CEO Srinivasan (Venkat) Venkatakrishnan totally at a loss to explain what’s going on".
Maandag 15 Augustus 2016
Op die internet
Legions of nanorobots target cancerous tumors with precision - Science Daily.
Shorter-range electric cars meet the needs of almost all US drivers - Arstechnica.
Let’s Go Crazy! The Bank of Japan’s Unstoppable Rise to Shareholder No. 1 - Wall Street Examiner.
Auto Loans Aren’t A Repeat Of The 2008 Financial Crisis - Talk Markets.
Nissan revolution: could new petrol engine make diesel obsolete? - Reuters.
JSE aandele
Die JSE het vandag -0.77% gedaal. Die Rand is sterker R13.26. Brent olie is op na $48.13. Die goudprys is af na $1341.80. Groot stygings: Advanced Health +7.4% na R1.74, Transhex +6.4% na R4.00, Aveng +4.3% na R5.79, Kap +4.2% na R7.40, Afrox +2.8% na R20.98. Groot dalings: Anglo Gold -5.0% na R283.44, Massmart -4.3% na R146.50, Implats -3.8% na R64.77, Amplats -3.8% na R452.24, ARM -3.6% na R10.00, Glencore -3.4% na R32.92, Brait -3.0% na R3.30.
Die yster erts prys (China fyn ingevoer) het verlede week begin daal en is nou $58.3.
Blue Label Telecoms (BLU) verwag vir die jaar tot Mei 'n wesens van 98.71c tot 100.36c, of kern 101.28c tot 102.98c.
Kap Holdings (KAP) se inkomste vir die jaar tot Junie was +4% hoër, en vwVPA +19% hoër na 47.2c.
Group Five (GRF) se inkomste vir die jaar tot Junie was -1% laer, en verdunde wesens VPA +64% hoër na 335c. Lae handel in die verlede, nou baie handel.
Massmart (MSM) verwag vir die 6m tot Junie 'n wesens VPA van 140.2 tot 149.9c, +12.9% tot +20.7% hoër. Dan is die prys/verdienste omtrent R151.86/(386c + ~145c) ~ 29.
AngloGold Ashanti (ANG) se inkomste vir die 6m tot Junie was -4% laer in $. Die wesens VPA was $0.23, of verstel $0.39. Laasgenoemde is 'n prys/verdienste van R298.37/(2x $0.39 xR13.44) = 28.
Op die internet - Suid Afrika
Out-of-touch Ramaphosa stacks minimum wage deck – another job killer coming - Biznews. Nuwe arbeid wette maak dit alreeds onaantreklik om tydelike werkers te gebruik.
Eskom vs Yelland: Calculations to be independently reviewed - Moneyweb. "Eskom stated that the cost of completion of Medupi (4,764MW) had increased by R40 billion to R145 billion and that of Kusile (R4,800MW) by R43 billion to R161.4 billion". (Teenoor die R1000b wat Eskom op 9,600MW kernkrag wil spandeer).
Besieged newspapers pull down paywalls - Business Day.
Sondag 14 Augustus 2016
Op die internet
The hottest new board games from Gen Con 2016 - Arstechnica.
Op die internet - Suid Afrika
House by the beach? Watch the waves... - IOL.
This is the best time to sell your house - BusinessTech. Party mense soek huis na die Desember vakansie, omdat hulle nuwe insigte in die lewe gekry het. Die beste is om nie huise te verkoop nie, maar te versamel, afhangende van waar dit geleë is.
No tender needed for ‘connected’ businessman in SABC deal: report - BusinessTech.
Is it better to buy to rent or invest in property stocks in South Africa? - BusinessTech.
Saterdag 13 Augustus 2016
Op die internet
The Most Successful Investments Have Two Things in Common - Daily Reckoning.
Who will win the presidency?
- FiveThirtyEight. Sonder 17% Hispanic, 13% swart stemme, en ander minderheids groepe laat dit Trump net 64% blanke stemme. Om 50% te haal is onwaarskynlik.
Ghana gaining notoriety for ‘hailing’ corrupt officials - Dapaah - GhanaWeb. "... laws do not work properly in the country and that unscrupulous politicians and civil servants found culpable of stealing from State coffers are left unpunished".
Op die internet - Suid Afrika
Mugabe Family Causes Eskom Shutdown - Zimeye.
The cost of a basic food basket in South Africa is up 24% - BusinessTech. Dit maak die inflasie syfers wat kleinhandelaars in finansiële state gee moeilik om te glo.
Rand strength is not going to last: analyst - BusinessTech. Ander lande het groter skuld probleme, wat lang termyn nie goed is vir geld eenhede nie. Suid Afrika druk klaar geld, ander lande moet nog.
Claims that ANC bought alcohol in exchange for votes - News24. Dit verskil nie van die ander voordele wat die regering uitdeel nie, of wat partye belowe gedurende verkiesings veldtogte nie.
Vrydag 12 Augustus 2016
Op die internet
How British firms built a pyramid scheme in China that lost millions - Reuters. Alweer buitelandse valuta handel.
Protests over Texas high-speed rail take a turn for the ridiculous - Grist.
Is Trump the Best Choice for Potheads? The Fiscal Times.
Weekend Reading: Willful Blindness - Talk Markets.
Op Twitter: Donald J. Trump @realDonaldTrump: "I love watching these poor, pathetic people (pundits) on television working so hard and so seriously to try and figure me out. They can't!", "A massive tax increase will be necessary to fund Crooked Hillary Clinton's agenda. What a terrible (and boring) rollout that was yesterday!"
Oil Slides After Biggest Rig Count Rise Since Dec 2015 - Zerohedge.
As US Crude Exports Soars, Here Are The Biggest Foreign Buyers Of US Oil - Zerohedge.
Ad blockers strike back against Facebook - CNN Money.
Recession is already here for a crucial part of the British economy — and it is only going to get worse - Business Insider UK. (Construction)
Rio officials closed the green diving pool Friday morning after the water began to smell 'like a fart' - Business Insider UK.
Rio organizers fixed a hole in the velodrome bike track with duct tape and cardboard - Business Insider UK.
23 incredible tiny homes from around the world - Business Insider UK.
Op die internet - Suid Afrika
South African cricket’s grim week - The South African. "... four of South Africa’s domestic cricketers ... have received bans for breaching Cricket South Africa’s Anti-Corruption Code ..."
Treasury: There's no money for 0% university fee increase - Rand Daily Mail.
R309m budgeted for councillors’ golden handshake - IOL. "The Department of Co-operative Governance and Traditional Affairs (Cogta) on Friday said it set aside R309 million as a once-off gratuity to non-returning councillors post 2016 local government elections".
Eskom strike averted after marathon talks - Fin24. "... a wage increase of between 8.5% and 10%, with the lowest paid workers getting a 10% pay rise for this year". Die werkers weet wat die inflasie koers is, in teenstelling met ekonome.
Egypt needs about $6bn to seal IMF deal - Fin24. "The International Monetary Fund (IMF) said earlier it had agreed in principle to grant Egypt a $12bn three-year facility to support a government reform programme aimed at plugging a budget gap ...".
JSE aandele
Party kleinhandel aandele is baie opgejaag, in afwagting op opkomende resultate. Prys/verdienste: Pick n Pay R83.44/R2.20 = 38, Massmart R153.67/R5.09 = 30, Clicks R127.34/~R4.32 ~ 29, Shoprite R208.93/R8.02 = 26, Cashbuild R388/R15.34 = 25, Mr Price R239.70/R9.91 = 24.
Die JSE het vandag +0.93% gestyg. Die Rand is swakker R13.49. Brent olie is op na $46.79. Die goudprys is steeds $1352.50. Groot stygings: Aveng +17.6% na R5.55, PPC +5.5% na R9.60, Grindrod +4.9% na R12.85, Rockcastle +4.5% na R35.23, Nedbank +4.4% na R225.01, Intu +4.1% na R54.44, Advtech +3.6% na R15.95, MTN +3.2% na R130.20. Groot dalings: Kumba -3.6% na R138.87, Implats -3.4% na R67.32, Omnia -3.3% na R177.88, Assore -3.0% na R176.50.
Harmony (HAR) verwag vir die jaar tot Junie 'n wesens VPA van 202c tot 240c. Dan is die 2de helfte prys/verdienste omtrent R60.35/(2x ~343c) ~ 8.8. (Die goud prys was omtrent R19,000/ons vir die 2de helfte, teenoor R18,246 nou).
JSE (JSE) se inkomste vir die 6m tot Junie was +16.7% hoër, en die vwVPA +19.4% hoër. Die prys/verdienste is R168.78/(530c + 580c) = 15.
City Lodge (CLH) se inkomste vir die jaar tot Junie was +14.6% hoër (+12% vir die 2de helfte), en vwVPA +21% hoër na 863c, of genormaliseerd +13.2% hoër na 860c. Die prys/verdienste is R165/R8.60 = 19. Die jaar se dividend opbrengs is R5.17/R165 -15% = 2.7%.
RockCastle Global Real Estate (ROC) se opbrengs vir die jaar tot Junie is $0.09413 x R13.40 /R34.00 = 3.7%. Dividend groei van +11% tot 13% word vir die 6m tot Des verwag. Die netto bate waarde van beleggings gehou is $1.70 x R13.40 = R22.80, teenoor die aandeel prys van R34.00.
Union embarks on ‘fully-blown’ Telkom strike - Fin24.
Old Mutual turns to Nigeria in $700m deal - Fin24.
Cash burning Lonmin at risk if it agrees to double digit wage lift - Miningmx.
Why it’s so hard to mine in SA’s North West province - Miningmx. Dit is die nuwe Suid Afrika wat kiesers soek.
Donderdag 11 Augustus 2016
Op die internet
Brace Yourselves, America: The Next Huge Housing Bailout Could Be Coming - Zero Hedge. Met skuld wat weer opgebou het soos voor 2008, kan 'n soortgelyke ramp seker verwag word.
Before And After: How The BLS Crushed The "Rising Wage Recovery" With One Revision - Zero Hedge.
Obamacare On "Verge Of Collapse" As Premiums Set To Soar Again In 2017 - Zero Hedge. Politici verstaan nie dat iemand moet betaal vir die dienste wat hulle instel nie.
Why This CEO Wants to Cancel Earnings Season Forever - Wall Street Examiner. Aandeel markte word opgejaag deur finansieële TV kanale wat inkomste en verdienste net met analiste se skattings vergelyk, eerder as om die gebrek aan groei te noem.
All U.S. Energy Consumption In A Giant Diagram - Talk Markets.
Op die internet - Suid Afrika
Price war: Woolworths vs Spar vs Pick n Pay vs Checkers prices compared - BusinessTech.
New number plates for South Africa are not a hoax - BusinessTech. Hoeveel keer het die ANC nou al nommer plate verander.
What’s next for iron ore from the guy who predicted 2016’s rally - Mineweb.
JSE aandele
Die JSE het vandag +0.20% gestyg. Die Rand is steeds R13.28. Brent olie is op na $45.72. Die goudprys is op na $1350.50. Groot stygings: Aveng +10.8% na R4.72, Omnia +5.1% na R184.00, Ellies +3.9% na R0.27, Famous Brands +3.5% na R144.90, Sun Int +3.3% na R90.90, Implats +3.2% na R69.65, PPC +3.2% na R9.10, Woolworths +2.6% na R94.05. Groot dalings: Advanced Health -6.8% na R1.65, Old Mutual -4.3% na R37.19, JSE -2.6% na R170.00 .
Fortress A (FFA) se uitkering vir jaar tot Junie is 'n opbrengs van 129.17c/R16.65 = 7.8%. Fortress B (FFB) se opbrengs is 137.50c/R33.71 = 4.1%. Groei van omtrent 22% word vir B verwag.
AdvTech (ADH) verwag vir die 6m tot Junie 'n wVPA van 34.4c tot 36.9c, +36% tot 46% hoër. Die genormaliseerde VPA is 30.8c tot 32.1c, +20% tot 25% hoër.
Mpact (MPT) se inkomste vir die 6m tot Junie was +6.2% hoër, en verdunde wesens VPA -29% laer na 94.6c.
Glencore (GLN) se produksie verandering vir die 6m tot Junie: koper -4%, sink -31%, nikkel +17%, kool -14%, olie -18%, landbou +43%.
Old Mutual (OML) se inkomste vir die 6m tot Junie was -4.8% laer in £. Die verdunde wesens VPA is -13% laer, wat die prys/verdienste R37.05/(6.4p+6.0p)xR17.27 ~ 17.3 maak. Die verstelde netto bate waarde is 193.3p xR17.27 = R33.4.
Steinhoff Int (SNH) bied 227p per Poundland aandeel, 5p meer as op 13 Julie.
Woensdag 10 Augustus 2016
Op die internet
David Rosenberg: If you think this market is confusing, wait until you see what the ‘smart money’ is doing - Financial Post.
The World Is Rapidly Depleting Its Gold Reserves - Daily Reckoning. Die goud wat bo die grond bestaan van 171,300 ton (Wikipedia) is 57 jaar se produksie teen 2990 ton per jaar (Wikipedia).
Op Twitter: Donald J. Trump @realDonaldTrump: "Media desperate to distract from Clinton's anti-2A stance. I said pro-2A citizens must organize and get out vote to save our Constitution!" (Die media het die indruk probeer skep dat Donald Trump gesê dat ondersteuners van die reg om wapens te dra iets aan Hillary Clinton doen. Elke presidensiële verkiesing word die Republic party se kandidaat deur die liberale media aangeval).
Op die internet - Suid Afrika
These are the best and worst bank accounts in South Africa - BusinessTech.
South Africa overtakes Nigeria as Africa’s biggest economy - BusinessTech.
SAA must pay R104m in competition lawsuit - Business Day.
JSE aandele
Die JSE het vandag -0.51% gedaal. Die Rand is sterker na R13.32. Brent olie is af na $44.21. Die goudprys is $1345.80. Die platinum prys is +2.6% hoër, terwyl die Rand 2.5% sterker is. Groot stygings: PPC +8.0% na R8.82, Aveng 5.2% na R4.26, Imperial +5.2% na R172.77, RB Platinum +4.8% na R51.59, Barloworld +4.6% na R86.61, AECI +4.6% na R98.29, Foschini +4.5% na R157.29, Astral +4.1% na R137.42, Northam +4.0% na R53.35, Implats +3.8% na R67.47, Amplats +3.7% na R469.68, MrPrice +2.5% na R238.60. Groot dalings: Petmin -4.9% na R1.17, Brait -4.5% na R116.96, Capital Regional -3.7% na R10.40, South32 -3.6% na R20.00, BHP Billiton -3.0% na R180.38, MTN -2.6% na R121.17.
Kap (KAP) verhandel gewoonlik in lae volume, maar 1.93 miljoen aandele het 5.00nm verhandel. Hulle koop Safripol plastiek vervaardiger vir R4.1b.
New Europe Property (NEP) se huur uitkering vir die 6m tot Junie is +2.8% hoër na €0.1868. Die verdunde wesens verdienste per aandeel is €0.1681, wat -12.2% is (as laas jaar berig) of -5.8% laer is (as nou berig).
Aveng (AEG) verwag vir die 6m tot Junie 'n wesens verlies per aandeel van -65c tot -79c.
Brait (BAT) se Netto Bate Waarde per aandeel was R131.94 op 30 Junie 2016, gebaseer op R19.62/£ op die datum (nou R17.48/£). Die NBW bestaan uit 44% New Look (sien gister), 25% Virgin Active, 18% Premier en 10% Iceland Foods.
Steinhoff’s bold US bid surprises market - Business Day. "They are also paying a very high price for this acquisition". Hoe gaan Steinhoff 'n wins maak waar Mattress Firm nie kan nie? Matrasse is algemeen.
Dinsdag 9 Augustus 2016
Op die internet
Officials Don’t Know Why the Olympic Diving Pool Turned Green (Also: Gross) - Gizmodo.
US Productivity Plunges For 3rd Quarter In A Row - Longest Losing Streak Since 1979 - Zero Hedge.
Brexit boosts UK tourism – and shoppers are out in force, too - The Week.
MARC FABER: The big one is coming - Business Insider UK.
Average London house price down by £30,000 in July, says Haart - The Guardian.
Science says being single has some awesome psychological benefits - Business Insider UK.
Facebook is taking a stand against ad blockers - Business Insider UK. Reklame blokkers bied meer waarde as Facebook.
Rio Olympics 2016: New Zealand men's sevens team stunned by Japan and lose Sonny Bill Williams to injury - Stuff NZ.
Op die internet - Suid Afrika
Elections outcome ‘just what SA property sector needed’ - Fin24. Nie noodwendig nie. As politieke partye meer gratis voordele aanbied om stemme te werf, gaan die ekonomie verswak. Een moontlike voordeel vir eiendom sal 'n meer doeltreffende DA beheerde munisipaliteit wees.
JSE aandele
New Look sales slump while online rival Boohoo steals the show - Telegraph. New Look is Brait se belegging.
Nog 'n openbare vakansie dag.
Maandag 8 Augustus 2016
Op die internet
More effective treatments for throat and cervical cancer? - Science Daily.
Chevron won’t have to pay for its own version of Chernobyl - Grist.
7 tricks to instantly appear competent - SMH.
Hope Springs Eternal - Zero Hedge.
Fed's Labor Market Indicator Bounces Back At Fastest Pace Since 2015 - Zero Hedge.
Who Cupped Michael Phelps Before He Won a Gold Medal Last Night? - Gizmodo. 'n Nuwe laagtepunt vir die olimpiese spele.
Op die internet - Suid Afrika
Former South Africa keeper Thami Tsolekile given 12-year corruption ban - The Guardian.
ANC risks relegation to rural areas as South African towns rebel - Moneyweb. Die platteland het waarskynlik meer laer-geskoolde mense wat op regerings voordele lewe, terwyl die groot belasting betalers in die stede woon.
The timing couldn’t be worse - Moneyweb. "Nearly two years ago Stanlib closed its Science and Technology Fund ..."
JSE aandele
Die JSE het vandag +0.27% gestyg. Die Rand is sterker na R13.65. Brent olie is op na $45.36. Die goudprys is af na $1335.850. Groot stygings: Ellies +22% na R0.28, Transhex +8.1% na R4.00, CMH +8.0% na R16.74, Advanced Health +6.7% na R1.75, Petmin +6.0% na R1.23, ARM +5.6% na R102.96, Afrox +4.7% na R20.93, PPC +4.1% na R8.17, Sasol +3.3% na R375.33, Firstrand +2.4% na R50.07. Groot dalings: Arcmittal -4.8% na R8.00, BA Tobacco -2.7% na R844.97, JSE -2.1% na R172.00, Richemont -1.9% na R79.54, MTN -1.8% na R127.46.
Die yster erts prys (China fyn ingevoer) klim sedert die begin van Junie en is nou $60.8.
Trans Hex (TSX) aandeelhouers word 'n aanbod gemaak deur 'n konsortium bestaande uit Cream Magenta, Metcap en RAC Investment Hold. Die prys moet nog aangekondig word.
Steinhoff Int (SNH) koop Mattress Firm (MFRM) in die VSA vir $2.4B of $64.00 per aandeel (Mattress Firm se aandeelprys was Vrydag $29.74, hulle het 'n verlies gemaak in die laaste kwartaal, die aanbod prys/verkope is $64.00/(4x $839.4M/37.05M) ~0.71).
JSE operated in bad faith, says competitor - Business Day.
Poundland buyout set for 'bumpitrage' battle - The Week. "Deal with South African consolidator may hit snag after hedge fund Elliott Management acquires 17.6 per cent share"
Sondag 7 Augustus 2016
Op die internet
If "Everybody Knows the Economy’s Doing Better," What Is That Information Worth? - Wall Street Examiner.
JSE aandele
David Jones says consumer confidence returning after election - SMH.
Saterdag 6 Augustus 2016
Op die internet
Statistics: The Bureaucrat’s Weapon - Daily Reckoning.
Government "Is" The Problem, Stupid! - Zero Hedge.
Actually, The US LOST 1,030 Million Jobs in July (Teachers’ Summer Break) - The Wall Street Examiner. Op die grafiek lyk dit of indiensneming die afgelope 5 jaar dieselfde gebly het. Mense doen enige werk om 'n inkomste te hê. Om alle werk as dieselfde te beskou is nie noodwendig 'n nuttige ekonomiese aanwyser nie.
Las Vegas Water-Rationing Looms Amid "Structural Drought" In US Southwest - Zero Hedge.
Vrydag 5 Augustus 2016
Op die internet
Dramatic Video: Lindsay Lohan & Russian Fiancé CAUGHT ON CAMERA In Disturbing Beach Brawl - Radar Online.
The Warren Buffet Economy: How Central Bank Enabled Financialization Divided America - The Wall Street Examiner.
The Shittiest Airbnb Deals at the Rio Olympics - Gizmodo.
Since 2014 The US Has Added Half A Million Waiters & Bartenders And No Manufacturing Workers: Here's Why - Zero Hedge. Dit is 'n terugkeer na die donker middel eeue, waarin ryk grond eienaars 'n komp diensknegte gehad het.
Why The Most Unloved Stock Market Bull Will Continue To Trend Higher - Talk Markets. Aandeel markte het baie keer in die verlede waardasies geignoreer. Wanneer die mark tuimel, val dit tot waar die waardasies sin maak.
Weekend Reading: The Global Dichotomy - Talk Markets.
Op die internet - Suid Afrika
Fed-up customers irate at Neotel internet downtime - Fin24tech. (28 Junie 2016: Econet snaps up Neotel for R6.5bn - Fin24tech).
Suid Afrika plaaslike verkiesing
Dit is 'n gesukkel om die finale verkiesings resultate te kry vir Woensdag se plaaslike verkiesing. Dalk kan net party verkiesings beamptes tel. Volgens Results for LOCAL GOVERNMENT ELECTION 2016
(South Africa) - eNCA, het die ANC steeds 56% van die stemme gewerf. Die DA is voor in Nelson Mandela Bay (~100% stemme getel) en Tshwane (~71% stemme getel).
Die verkiesings uitslag sal waarskynlik nie 'n verskil maak aan die politiek beleid of die ekonomie nie. Dit beteken meer mededinging onder partye om voordele aan kiesers uit te deel. Die inboorlinge kyk niks verder as die direkte oordrag van blanke "welvaart" na arm swartes nie, en verstaan nie die indirekte voorspoed deur ekonomiese ontwikkeling nie. Die adjunk president, Cyril Ramaphosa, sê Suid Afrika het meer transformasie nodig (Transformation over growth in SA: Ramaphosa - Businesstech). Die logika daaragter werk soos volg:
Transformasie ⇒ onbekwaamheid, misdaad, korrupsie, emigrasie, verval, armoede.
∴ Meer transformasie ⇒ voorspoed.
JSE aandele
Die JSE het vandag -0.37% gedaal. Die Rand is swakker na R13.79. Brent olie is op na $43.92. Die goudprys is af na $1338.50. Groot stygings: Afrox +5.3% na R20.00, Astral +4.4% na R129.00, BHP Billiton +3.% na R182.13. Groot dalings: Harmony -5.0% na R61.50, Anglo Gold -4.4% na R299.06, Assore -4.1% na R179.70, Sappi -4.1% na R67.15, Amplats -3.9% na R444.00, Implats -3.3% na R64.95, Capco -3.3% na R50.00, MTN -2.8% na R129.82.
Is MTN losing control of key markets? - Fin24.
MTN (MTN) se inkomste vir die 6m tot Junie was +14.2% hoër, en vwVPA 'n verlies van -271c, teenoor 'n wins van 651c 'n jaar gelede. Die 6m dividend is 250c teenoor 480c 'n jaar gelede. Die prys/verkope is R133.55/(R156.9B/1823M) = 1.55. Die Nigeriese boete word oor drie jaar betaal, wat die VPA 474c per jaar verminder. Wisselkoers verliese het die VPA nog 198c verminder.
Donderdag 4 Augustus 2016
Op die internet
These 5 Big Companies Control the World’s Beer - Visual Capitalist.
Brains of overweight people 'ten years older' than lean counterparts at middle-age - Science Daily.
Facts About Whole Grains - LiveScience.
Rio 2016 Olympics: organisers 'make plans to drown out boos' at opening ceremony - Telegraph UK.
Debt-To-EBITDA Ratios Are Now The Highest In History - Zero Hedge.
Riots In Rio: Police Unleash Tear-Gas, Rubber Bullets As Poor Brazilians Block Olympic Torch Route - Zero Hedge. Gee vir hulle sokkerballe om hulle aandag af te trek.
EU migrant quotas SHUNNED by Czechs as Brussels says rejection is ‘WEAKENING Europe' - Express. Dit is die manier of EU burokrate te hanteer.
Theresa May SLAPS DOWN Nicola Sturgeon: WE are in charge of Brexit, NOT you - Express.
What Happens When Rampant Asset Inflation Ends? - Zero Hedge.
Every Nigerian is corrupt –Gov Ajimobi - The Sun. Daar is ten minste een persoon wat korrupsie herken.
Op die internet - Suid Afrika
Op Twitter (~2nm) CityPowerJhb @CityPowerJhb: "City Power is currently experiencing a power outage in some parts of the north eastern suburbs of Johannesburg due to a faulty cable. Affected areas include: Observatory, Yeoville, Bellevue, Houghton, Linksfield Ridge, Melrose, Killarney, Riviera and Bramley".
Lonmin fund’s missing millions prompts community pay reform - Mineweb. "Almost all the money received by the Bapo Ba Mogale community during the past 20 years has been spent, with the biggest amount used to build a palace for a tribal leader, Public Protector Thuli Madonsela said on July 5. The palace cost at least R80 million despite an initial budget of R20 million".
Zimbabwe’s bond notes spark anger - IOL.
JSE aandele
Die JSE het vandag op dieselfde vlak geëindig. Die Rand is sterker op R13.69. Brent olie is op na $43.56. Die goudprys is $1362.70. Die platinum prys is laer die laaste twee dae. Groot stygings: Esor +6.1% na R0.35, Implats +5.7% na R67.14, Merafe +5.6% na R0.95, Aveng +5.2% na R4.02, Raubex +4.7% na R19.90, Ascendis +4.5% na R25.65, Nampak +3.7% na R21.30, Foschini +3.6% na R151.50, Mr Price +3.4% na R227.01, Standard +3.2%, Barclays Afr +3.2% na R161.00, Sun int +3.0% na R88.80, Adcock +2.9% na R47.05. Groot dalings: Ellies -11% na R0.24, Afrox -4.7% na R19.00, DRD Gold -4.5% na R11.77, Kumba -4.4% na R141.50, Bidcorp -3.9% na R259.50, Pinnacle -3.4% na R15.50.
Die opskiet van platinum myn aandele (Amplats, Implats, Northam) is moontlik weens die styging in die dollar prys van platinum, weens die sterker Rand. Die platinum prys is nou $1158 x R13.71 = R15 880, wat +6.4% hoër is as die R14 930 vir die 6m tot Junie. Daar is al vir baie jare geen groei in platinum aanvraag nie (Platinum Quarterly Q1 2016 - World Platinum Investment Council).
Resilient (RES) se huur opbrengs vir die jaar tot Junie is 488.73c/R134.73 = 3.6%. Van die jaar se 25.1% groei was 9% weens kapitaal insameling wat die koste van befondsing verminder het, en 7% weens Fortress B se dividend. Netto inkomste groei was +7.4%. Groei van +14% tot +16% word vir Junie 2017 verwag.
Mondi (MND, MNP) se groep inkomste was -4.3% laer in €, en vwVPA +25% hoër na €0.749. Die prys/verdienste is R278.75/R15.35/(€0.631+0.749) = 13.1.
City Lodge (CLH) verwag vir die jaar tot 'n vwVPA van 840.6c tot 876.3c, +18% tot +23% hoër.
Sappi (SAP) se verkope vir die 3m tot Junie was -3.9% laer in $. Verdienste per aandeel (ook verdunde wesens) was $0.06, teenoor $0.01 'n jaar gelede. Uitgesluit spesiale items was dit $0.11. As laasgenoemde volgende kwartaal herhaal is prys/verdienste R74.45/R13.78/($0.13 + $0.16 + $0.11 + $0.11) = 10.6.
MTN (MTN) verwag vir die 6m tot Junie 'n basiese wesens verlies per aandeel van -255c tot -285c, waarvan 474c weens die Nigeriese boete is.
De Beers commissions Gacho Kue’ - Mineweb.
Woensdag 3 Augustus 2016
Op die internet
Vancouver Housing Bubble, Meet Pin - Wolf Street.
The worst opening ceremony disasters of all time - Telegraph UK. 2010 South Africa World Cup: "Not a disastrous ceremony, perhaps, but certainly awful. The incessant din of 100,000 vuvuzelas being blown at once only marginally worse than the vocals of Jennifer Lopez and American rapper Pitbull".
Opinion: Move the corrupt, politicized, commercialized Olympics back to Greece - Market Watch.
Revealing The Real Rate Of Inflation Would Crash The System - Zero Hedge.
Unruly France is riskier for businesses than Haiti - CNN Money. "France is ranked 17th on "The Civil Unrest Index," meaning it is considered riskier than Haiti, The Democratic Republic of the Congo and Somalia." The 16 countries with the most civil unrest - Business Insider Indonesia. (Suid Afrika is 13de).
Saatchi & Saatchi chairman resigns over sexist remarks - CNN Money.
WSJ: Obama secretly sent to Iran full of money plane - Edesknews. As die geld uitgegooi was, kon dit die eerste helikopter geld gewees het.
S&P defaulted Republic of the Congo - Edesknews. Wie se geld word vermors op die lenings?
Op die internet - Suid Afrika
Limpopo chief sad intimidation causing voters to stay away from polls - Timeslive.
Telkom vows tough action against ‘saboteurs’ - TechCentral. "... who cut backbone fibre-optic infrastructure in Limpopo yesterday, affecting the services of thousands of fixed-line and mobile users in the province". Dit is 'n klein deel van die wetteloosheid onder die ANC.
JSE aandele
Openbare vakansie dag weens verkiesing. Enige rede word gesoek om 'n dag af te vat, weens 'n gebrek aan werk drang onder Afrika inwoners. Baie gaan in elk geval nie werk toe nie omdat hulle op regerings toelae lewe.
Dinsdag 2 Augustus 2016
Op die internet
China’s Property Bubble Echoes Subprime Crisis - Wolf Street.
Through the Venezuelan Looking Glass - Project Syndicate. "In Venezuela’s case, these policies included expropriations, price and exchange controls, over-borrowing in good times, anti-business regulations, border closures, and more".
Miss Honduras kicked out of Miss Universe pageant for her 'diva-like behavior' - Fox News.
The Rio Olympics: Superbugs, Sewage and Scandal - Ecowatch. Die probleme is die enigste deel van die spele wat vermaaklik is. Atletiese prestasies beteken min in 'n tegnologiese beskawing.
The Oil Bull is Dead. Here's What Happens Next... - Daily Reckoning.
Inflation Hidden In Plain Sight - Zero Hedge. Kan al die goedkoop, lae gehalte invoere wees wat inflasie afhou.
Abe's Fiscal Policy: More Of The Same - Talk Markets. Regerings vat geld van produktiewe mense en spandeer dit op onproduktiewe mense of projekte.
Op die internet - Suid Afrika
Maimane: Mbeki called ANC 'an ignoble and corrupt parasite' - Rand Daily Mail.
Sassa breached constitution, claims Net 1 - Fin24.
Government service costs crippling SA businesses - Fin24.
Consumers are in serious trouble - BusinessTech.
LAW MATTERS: Judges’ claws come out in Pretoria street name case - Business Day.
JSE aandele
Die JSE was vandag -1.1% laer. Die Rand is dieselfde op R13.98. Brent olie is dieselfde op $42.27. Die goudprys is op na $1365.60. Groot stygings: DRD Gold +7.0% na R12.33, Sibanye +6.1% na R70.23, Ascendis +5.1% na R24.55, Tsogo Sun +3.9% na R30.23, Goldfields +3.4% na R91.00, Sunint +3.1% na R86.20, Group5 +3.1% na R23.97, Anglo Gold +2.9% na R317.00, Raubex +2.7% na R19.00. Groot dalings: MTN -4.1% na R132.53, Comair -3.9% na R3.00, Woolworths -3.8% na R87.57, Vukile -3.7% na R17.80, MrPrice -3.5% na R219.58, Imperial -3.5% na R165.08, Sanlam -3.1% na R66.61, Firstrand -3.0% na R48.68, Redefine -2.9% na R11.61, Standard -2.8% na R140.00.
ELB (ELR) verwag 'n wesens verlies per aandeel van meer as -322c vir die jaar tot Junie.
Pan African Resources PLC (PAN) verwag vir die jaar tot 'n wesens VPA van 29.45c tot 31.79c.
Afrox (AFX) verwag vir die 6m tot Junie 'n wesens VPA van 71c tot 78c. As dit herhaal is die prys/verdienste R19.95/(2x ~75c) ~ 13.
Die verwagte notering op die JSE van die saamgestelde AB Inbev en SAB Miller word op 11 Oktober 2016 verwag.
Tourist influx lifts Hospitality - Business Day. "Hospitality has struggled to earn profits during the years following the 2010 Soccer World Cup’s hotel boom".
Maandag 1 Augustus 2016
Op die internet
Why Trump Supporters Think He'll Win - Daily Reckoning.
The Fatter Twin Is No More Likely to A Have Heart Attack - Popular Science.
JPM Just Joined Goldman In Calling A Market Top: Here's Why - Zero Hedge.
5 Questions Market Bulls Must Answer - Talk Markets.
Glencore Digs Out of the Abyss - Fortune.
Amnesty International: 'Unlawful' Venezuela decree gives military power - CNN Money. "Venezuela's government issued a decree late July that would force people to work in fields".
Rio Olympics 2016: Australian athletes 'robbed' during fire evacuation - CNN.
Rio Olympics opening ceremony stadium scene of explosion as suspicious toolbox detonated - Stuff NZ.
Brussels' plan to INCREASE migration to Europe blasted by furious German MPs - Express UK.
It's Time To Call Bullshit On The Biggest Cover-Up In All Of Pickup Trucks - TruckYeah. 14 MPG is 16.8 L/100km.
Venezuela's top officials sport luxury watches while the rest of country starves - Foxnews.
Hillary Rodham Clinton: A Study of Corruption and Deceit - Freedom Outpost.
Vancouver’s new residential tax on foreigners starts Tuesday, here’s what to expect next - Financial Post. "Vancouver realtors spent the past week and much of the holiday weekend scrambling to close deals to beat the 15 per cent tax".
Nigeria – Jibrin says House of Representatives corrupt - Africa Journalism The World.
Op die internet - Suid Afrika
New quota system for South Africa’s cricket team - BusinessTech. Dis ongrondwetlik.
South Africa sold nearly 10,000 fewer new cars last month than in 2015 - BusinessTech. 810 785 cars stolen in South Africa over the last 10 years - Rand Daily Mail (16 Sep 2015). Dit is 6800 karre per maand wat vervang moet word.
‘Burgerskapwet is ongrondwetlik’ (Namibië) - Republikein.
Senegalese MP shot during robbery in SA - IOL.
JSE aandele
Die JSE was vandag +0.62% hoër. Die Rand is dieselfde op R13.93. Brent olie is dieselfde op $42.21. Die goudprys is effens op na $1351.90. Groot stygings: Afrimat +12.4% na R22.85, Hosp B +9.5% na 345c, Kumba +7.3% na R145.36, Nedbank +6.7% na R212.30, Sanlam +5.1% na R68.75, Assore +4.9% na R194.00, Bidcorp +4.4% na R270.49, Standard +4.0% na R144.07, Cashbuild +3.8% na R391.25, JSE +3.6% na R176.00, Firstrand +3.2% na R50.16, Barclays-Afr +2.9% na R157.90. Groot dalings: Hulamin +4.1% na R5.58, Adcock -3.9% na R46.01, Rhodes -2.9% na R25.25.
Pioneer (PFG) koop Streamfoods in the Verenigde Koninkryk vir £7.5 miljoen.
Hospitality A (HPA) se huur uitkering vir die 6m tot Junie is 78.62c. Dit is ekwivalente opbrengs van 2x 78.62x/R12.50 = 12.6%. Vir B (HPB) word 17.53c tot 18.34c verwag, 'n ekwivalente opbrengs van ~35.87c/R335c = 10.7%.
Group5 (GRF) verwag vir die jaar tot Junie 'n vwVPA van 326c tot 347c, +60% tot +70% hoër. Lae handel.
Nedbank (NED) se bedryfs inkomste was +11.9% hoër (netto rente +11.6% en nie-rente +8.7%), verdunde wesens VPA +1.6% hoër, of +19.7% sonder Ecobank Transnational Inc. Die prys/verdienste is R205.67/(1141c + 1119c) = 9.1. Die dividend opbrengs is (570c + 570c)/R205.67 -15% = 4.7%.
Merafe Resources (MRF) se inkomste vir die 6m tot Junie was +8.5% hoër, en verdunde wesens VPA 2.3c teenoor 4.9c 'n jaar gelede.
Royal Bafokeng Platinum (RBP) se inkomste vir die 6m tot Junie was +15.8% hoër, en wesens VPA 'n wins van 77.8c teenoor 'n verlies van -60.4c 'n jaar gelede. Lae handel.
Barclays Africa hit by bond arrears - Business Day.
Not yet out of the woods - Mineweb. "ArcelorMittal has yet to see the effects of tariff protection".
Emira may get more offers as Arrowhead spurned - Business Day.
Business as usual for now after Emira board snubbed Arrowhead’s buyout offer - Moneyweb.
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