| Good morning Voornaam,
If you speak to the best fund managers around, you'll get one piece of advice that is consistent: read as widely as you can.
Thanks for making Ghost Mail part of what you read!
We recently hosted Bell Equipment and Calgro M3 on Unlock the Stock, brought to you by A2X. Bell is up a whopping 56% this year and Calgro M3 has increased 37%. If you know where to look on the JSE and what to look out for, you can absolutely make money on the local market.
To hear directly from the management teams and to enhance your knowledge of these companies, you can watch the Unlock the Stock recording at this link>>>
And for a five-minute update on five local stocks each week, add Ghost Wrap to your favourite podcast player. Brought to you by Mazars, the latest episode covered MTN, Woolworths, Pepkor, Octodec and AB InBev. Enjoy it here>>>
There's plenty to enjoy in Ghost Mail today. Don't miss out on Ghost Bites for the full picture on MTN, as Ghost Wrap was recorded before the group results were available. For punters, volatility is always interesting. MTN has had no shortage of that! |
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| BRAND NEW: Unlock the Stock |
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| Bell Equipment and Calgro M3 returned to the Unlock the Stock platform in a joint session to share insights into the recent numbers and the strategic outlook.
You can watch the recording here, thanks to our partner A2X. |
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| LATEST: Kool-Aid has an awful aftertaste
(by Dominique Olivier) |
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| | | "Drinking the Kool-Aid" is one of those terms that has become entrenched in the business world.
The origin is rather macabre, to say the least. What can it teach us about charismatic personalities and scammers? |
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| LATEST: Ghost Wrap podcast
(MTN | Woolworths | Pepkor | Octodec | AB InBev) |
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| | | The latest Ghost Wrap podcast needs just a few minutes of your time to get you up to date on MTN, Woolworths, Pepkor, Octodec and AB InBev. Ghost Wrap is brought to you by Mazars. |
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| LATEST: Ghost Stories podcast with Nico Katzke of Satrix |
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| | | Nico Katzke is no stranger to Ghost Stories listeners. There's always so much to learn from him about markets and investing. This time, you also get to enjoy him putting me through my paces in the second half of the show. |
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| LATEST: Magic Markets podcast |
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| In Episode 149 of Magic Markets, we worked through the latest numbers and strategic news from Amazon and Alphabet.
Alphabet owns Google, so you probably use one of the group's services every day of your life. Amazon is coming to South Africa, so that's of great relevance to all of us as well.
Thanks to B2IT, you can get our views on these two important companies. And remember: if you hate it, automate it with B2IT. |
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| LATEST: The ETF revolution - views from Satrix |
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| Kingsley Williams of Satrix gives us nine reasons why the boom in ETFs makes sense.
In my opinion, every investor should be using ETFs in a portfolio. This is why I'm always grateful to Satrix for their insights in Ghost Mail. |
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| DAILY: TreasuryONE Market Update The dollar is more resilient than an Australian batting line-up, with the market remaining skittish about demand and the spectre of recession. The market has run back to the dollar, with the rand moving back up to the R18.40 level.
The good news for South Africans is that the knee-jerk reaction in the oil price last month has subsided. Brent Crude is looking to break below $80 per barrel.
There's also bad news for South Africans though, in the form of a significant drop in commodity prices like PGMs. This hits our market severely. It's also worth noting that gold is at $1,961 having lost $40 in the last few days. |
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| | | Get the latest on Bell Equipment, MiX Telematics, MTN, Omnia and Sirius Real Estate to keep you up to date.
It's all available with a single click in Ghost Bites. |
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| MTN - one for the punters? I've been watching MTN with keen interest, particularly for the market's reaction to the release of group earnings. After dropping to R90 before earnings came out, the share price settled at R95 after the release. You may recall that MTN was over R200 in March 2022.
I should also point out that in January 2020 before the world went mad, it traded in the mid-R80s. If you miss going to the theme park and riding the rollercoasters, you could always be an MTN investor instead.
For swing traders, MTN offers that delicious ingredient that any trading portfolio needs: volatility. Loads of it.
The catalyst for improvement here is for the dollar to calm down and for rates to stop being hiked. This will help the African countries with dollar-denominated debt. It will also give MTN a direct helping hand, as some of its expenditure in Africa is denominated in dollars.
Read Ghost Bites this morning and let me know in the comments what your view on MTN is. Are you long, short or indifferent with no position?
You can also read about the ongoing excellent growth at Bell Equipment, a cyclical group that continues to trade at a really low trailing Price/Earnings multiple. It's always important to remember that a cyclical company can unwind that multiple at the speed of light if earnings fall away. The good thing about Bell is that it supplies the broader mining industry rather than focusing on one commodity.
You'll also find the latest on MiX Telematics, Omnia and Sirius.
Happy reading! Find it here>>>
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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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