| Good morning Voornaam, Quick links: If you're interested in paper and packaging, I've got news from Caxton, Mondi and Mpact for you. For the mining fans, African Rainbow Minerals and MC Mining made important announcements. In property, there are numbers from Capital & Regional as well as Fortress. Finally, Quantum Foods announced that Country Bird Holdings seems to be driving the activity in the share price. Get the latest in Ghost Bites, brought to you by Fedgroup. Are boycotts of badly behaved businesses effective, or just a waste of time? Dominique Olivier shares her views on whether consumer activism actually works, with Nestle as a prime example. Read this great piece here>>> Investec has launched the Investec Nikkei 225 Autocall, a structured product that references the Japanese market. You can get all the details in this Ghost Stories podcast with Brian McMillan. There's a brand new episode of the Ghost Wrap podcast thanks to Mazars, which means you need just a few minutes to get the latest on Mustek, Curro, Sea Harvest and Quilter - available here. Nico Katzke of Satrix weighs in on the AI debate and asks some pertinent questions about whether this is a fad or the future - and how best to invest in it. Read the piece here>>> Ever wondered how ETFs are designed? Well, wonder no more! In this podcast with Siyabulela Nomoyi of Satrix, we covered this topic and several others related to ETFs. Also from Satrix, get a very helpful overview of recent index performance metrics and trends in the company's March newsletter, republished on the Ghost Mail website here. A brand new episode of the Magic Markets podcast gives you the latest on Domino's Pizza and Monster Beverage. Events: With much excitement around this unbundling and the opportunities it could bring, get into the driver's seat for WeBuyCars on Unlock the Stock. Don't miss this opportunity to engage with the management team! You simply need to register for free for the session on Thursday 14th March at 12pm at this link>>> |
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| LISTEN: The Investec Nikkei 225 Autocall
with Brian McMillan of Investec |
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| Brian McMillan of Structured Products at Investec talked to me about the Investec Nikkei 225 Autocall.
It offers exposure to the Nikkei 225 index over a period of up to five years with an enhanced return of up to 17% per annum in ZAR or 11.5% per annum in USD. Importantly, there is 100% capital protection provided the index does not drop by more than 30%.
Listen to this podcast to find out more. |
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| READ: Bad business and the bother with boycotts
(by Dominique Olivier) |
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| Using Nestle as an excellent example, Dominique Olivier delves into whether consumer activism actually works.
Are boycotts effective, or do they just make people feel better? Find out here. |
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| LISTEN: The ETF product design process
with Siyabulela Nomoyi of Satrix |
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| | | Delving into the ETF product design process and with a discussion on the latest ETF product launches at Satrix, Siyabulela Nomoyi joined me for this insightful conversation.
Don't miss it! |
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Local company news:
Ghost Bites is brought to you by Fedgroup.
It's not every day that you'll see a company commenting on its share price, but the recent craziness left Quantum Foods with little choice. There's a lot of movement on the share register, with Country Bird Holdings picking up a sizable chunk of stock.
In the paper and packaging sector, Mondi is looking to execute a substantial merger. Caxton & CTP is dealing with an increasingly tough environment for print media and associated advertising spending, while Mpact has used price increases to drive revenue.
In mining, African Rainbow Minerals signs off on an ugly year in 2023 (relative to 2022 at least) and MC Mining seems to be at the centre of a rather exciting bidding war.
In property, Capital & Regional has grown its earnings from its UK shopping centre portfolio and Fortress is finally able to offer shareholders a dividend, having sorted out the share class structure.
There's only one way to get everything you need in one click. Join me in Ghost Bites>>>
Check out the most recent episode of the Ghost Wrap podcast, made possible by Mazars. It takes just a few minutes to get the latest on Mustek, Curro, Sea Harvest and Quilter. Get it here>>>
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| READ: Satrix March 2024 newsletter with market trends |
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| | | Satrix's latest newsletter is a great overview of index performance up to the end of February, along with the trends responsible for the numbers.
There are also some fun stats about returns in leap years! Read it here. |
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| READ: Artificial Intelligence - fad or future, and how best to invest
(by Nico Katzke of Satrix) |
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| | | Nico Katzke of Satrix asks the real questions when it comes to AI, including the ones that few seem to be asking about its sustainability.
Get his views here. |
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| LISTEN: Magic Markets podcast |
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| In Episode 165 of Magic Markets, we looked at unhealthy choices for your body that are perhaps healthy additions to your portfolio.
I covered Domino's Pizza (including a look at South African peers) and Mohammed Nalla dealt with Monster Beverage - which also happens to be able to trace its roots to South Africa!
Magic Markets is a great way to expand your reach to global opportunities. Listen to the show here.
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| Currencies, commodities and rates: TreasuryONE Market Update US payroll numbers sent the markets a mixed signal on Friday, with the markets initially reacting to a strong headline jobs number and then digging deeper to discovery that unemployment moved from 3.7% to 3.9%. Hourly earnings were down.
Even with the dollar coming under pressure, the rand struggled to break below R18.60. Gold did very well after the release though, rallying up to $2,185 as the prospect of rate cuts was good news for the yellow metal.
Key indicators: USD/ZAR R18.77; US 10-year 4.07%; Gold $2,180; Platinum ZAR R17,168; Brent Crude $81.52 |
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International company news:
If you watch Formula One, I'm quite sure you know the Aramco brand. This is the Saudi Arabian state oil giant that has its name all over the sport. The best possible situation for the company is an environment of strong oil demand and high prices.
A 25% decline in company profit in 2023 tells us that these combined conditions were not as favourable as they were in the prior year. Context is important though, as this is the second-highest net income achieved in the company's history.
This means that although there's a year-on-year dip, the reality is that the company has made an absolute fortune over the past couple of years. READ: Stability doesn't always have to come at a cost
with Fedgroup |
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| | | Fedgroup believes that a combination of fixed-term investments can do more than just withstand a battering. In fact, they cann offer solid returns as well.
Learn more here. |
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| You should expect us in your inbox Monday – Friday. If you don’t receive an email, please check your spam, or junk folder and “move us” into your primary inbox to ensure you get it each morning.
Disclaimer
Our content is intended to be used and must be used for informational purposes only. You must do your own analysis before executing any investments or strategic decisions, based on your own circumstances. We do not provide personalised recommendations or views as to whether an investment approach or corporate strategy is suited to the needs of a specific individual or entity. You should take independent financial advice from a suitably qualified individual who gives due regard to your personal circumstances.
Whilst every care is taken, we accept no responsibility or liability for any errors or omissions in any of our content.
The views, thoughts and opinions expressed in our content belong solely to the author or quoted individuals and/or entities, and not necessarily to the author's employer, organisation, committee or other group or individual, or any of our affiliates or brand partners. |
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