| Good morning Voornaam, Good morning from an incredibly windy Milnerton. I'll never understand why people pay a huge premium to come to Cape Town in December. It's one of the worst weather months of the year! The April holidays are your friend. It's much nicer at that time of year and you don't have to cancel a planned golf game for fear of being blown to Namibia. Also, you aren't competing with all the European money floating around the place.
Moving on to company news, Aspen is ready to help with that summer body. They will be bringing Eli Lilly's Ozempic competitor to South Africa. The drug is called Mounjaro and although it's officially for diabetes, I think we can all stop pretending what the practical use is.
Metair's disposal of Mutlu in Turkey has lost value faster than anyone could ever lose weight on those drugs, with the deal fast-tracked based on ongoing losses at Mutlu and a desperate need for the company to be stabilised. Metair will only get between $1 million and $2 million out of it in the end. Ouch!
We also saw news from Sanlam and an unlock of R4.5 billion from the Allianz joint venture, as well as Rex Trueform buying 30% in software company Byte Orbit for what looks like a very steep price. Finally, Sasfin has confirmed that it will delist at the end of the month.
Get all the details on these stories and the various Nibbles (including the all-important director dealings) in Ghost Bites here>>>
Have a lovely day! |
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| THE TRADER'S HANDBOOK: Building your trading blueprint - the season finale |
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| | | In this final episode of The Trader’s Handbook, Shaun Murison joined me to wrap up an insightful season by exploring the cornerstone of trading success: crafting a solid trading plan.
From setting realistic goals and managing risks to refining strategies and maintaining discipline, we covered the essentials that help traders stay on course in a chaotic market.
Whether you’re just starting or looking to fine-tune your approach, this episode provides actionable advice. Don’t miss this culmination of key lessons and practical tips to elevate your trading game. The podcast and detailed transcript are available here>>> |
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| SATRIX: Beating Money Dysmorphia |
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| | | To close out the year, René Basson of Satrix made her debut on Ghost Stories for a fascinating conversation on the topic of money dysmorphia. This is a mismatch between financial behaviour and financial means - and yes, it can work in both directions i.e. whether you have plenty of money or not enough!
We also talked about gender-based biases in personal finance, as well as insightful statistics from the SatrixNOW platform.
Along with a detailed transcript, you'll find it here>>> |
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| MIC Khulisani Ventures is looking for entrepreneurs |
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| Raising equity funding is not easy for small businesses in South Africa, but thankfully the Mineworkers Investment Company's (MIC) Khulisani Ventures initiative is an early-stage funding vehicle that provides capital for businesses that are ready to aggressively grow.
Along with a detailed transcript, you'll find it here>>> |
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| DOMINIQUE OLIVIER - One weird year for Haliey Welch |
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| | | A moment of internet fame can catapult almost anyone from anonymity to a household name. But is there a way to transform all that newfound fame into cold, hard cash? Dominique Olivier tracks Haliey Welch’s one-year journey from obscurity to internet sensation to potential crypto villain in this article>>> |
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| Ghost Bites - local company news: |
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| Ghost Bites: The latest on Aspen, Metair, Rex Trueform, Sanlam, Sasfin and numerous Nibbles in Ghost Bites here>>> |
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| Ghost Wrap - five insights from November |
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| | | Ghost Wrap: In a new format, I look back on key insights from November including the property sector, the demand for IPOs, the uptick in poultry businesses and more. Brought to you by Forvis Mazars, the podcast and transacript are available here>>> |
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| Unlock the Stock - KAL Group |
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| Unlock the Stock: KAL Group joined the platform for the first time to talk about the performance and strategic focus areas in the broader agriculture industry. Enjoy the presentation and Q&A here>>> |
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| MAGAnomics: Trump and the global economy |
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| International Business Snippet: |
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| Darden Restaurants has had a strong finish to the year, with a 12.7% rally in the past week taking the full-year performance to 15.6% - a really good example of how hard it is to guess exactly when a share price will pop and deliver returns! Oddly, the rally happened despite quarterly results that were only in line with expectations in terms of revenue and earnings.
As you read further, the reason for the rally becomes clear: a significant beat on same-store sales, perhaps the most important metric of all. This led to bullish commentary from management around consumer spending, particularly among middle-income consumers who seem to be visiting the restaurants more regularly.
Of course, being 'Murica and all, one of the winning promotions this year was the Never Ending Pasta Bowl at Olive Garden. Ugh.
Our latest research in Magic Markets Premium is on Adobe. After a major sell-off in the share price made the underperformance this year even worse, I saw it as a buying opportunity and starting building a position. What are we seeing here that makes this interesting? And why is my partner Mohammed Nalla more cautious on this? Subscribers find out this week. |
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| Magic Markets: Blockchain technology in financial markets |
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| | | Magic Markets: With crypto all the rage again, there isn't enough focus on how underlying blockchain technology can play a role in the markets. Mesh.trade and AnBro are working together to make it easier to invest in AnBro's funds. Find out more here>>> |
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| Key Indicators: USD/ZAR R18.30/$ | US 10yr 4.53% | Gold $2,631/oz | Platinum $937/oz | Brent Crude $72.90 |
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