As you plan for next week, be sure to include the next Unlock the Stock session in your diary on Thursday 24th at midday. In very exciting news, Barloworld is coming onto the platform to help retail investors understand more about the story. You can hear directly from CEO Dominic Sewela and you can ask him questions about the business. Brought to you by A2X, this is a wonderful learning opportunity. You simply need to register for the event here>>> If you missed the fireside chat with the TreasuryONE team, you can watch the recording of this excellent webinar. It was a highly interactive Q&A session, starting with China and ending with the Big Mac Index. I highly recommend watching it here>>> This was a fun week of updates, with Ghost Wrap as the most efficient way to get on top of them. Brought to you by Mazars, this whirlwind podcast needs just a few minutes of your time to update you on Grindrod, Impala Platinum, Merafe, Resilient, NEPI Rockcastle, Santam and Sun International. Find it here>>> If you're in the mood for a longer podcast, then give Magic Markets a try. Craig Antonie of AnBro Capital Investments joined us to talk about "Bessie" - an interesting European semiconductor stock that probably isn't on your radar. In case you're wondering, the nickname is from the stock ticker $BESI. Listen to it here>>> I've got a podcast coming up soon with Nico Katzke of Satrix. He is a great source of market knowledge and insightful views. To enjoy an example of his work, you can read his article on how styles can be factored into ETFs. Find it here>>> Standard Bank waves its flagIn case you hadn't noticed before, the Standard Bank logo is a flag. It's certainly being waved with pride at the moment, with earnings up by a whopping 35%. This is a powerful environment for banking, with the particularly interesting element of Standard Bank's performance being the juicy numbers coming out of the African operations. Even on a busy day of news, this was the standout story for me. Other news came in from Aveng with a truly horrible period (the market had been warned in advance), Alphamin with quarterly reporting (the inspiration for my chart of the day), results from various mining houses and related entities (DRDGOLD / Exxaro / Gold Fields / Master Drilling), a trading statement from Oceana and results from Sabvest including full details of its portfolio. I do the hard yards on SENS so that you don't have to. For an easil y digestible view on the local market, read Ghost Bites here>>> Friday means one thing: DealMakersFriday is your opportunity to catch up on the week's corporate news through the DealMakers summaries. You can get up to speed on local M&A, local corporate finance and African deals. The corporate finance team at RMB has also delivered a fantastic article this morning, providing an analysis on opportunities in the local industrial sector through the lens of a value investor framework. Read it here>>> A breather for emerging marketsThe rand dipped just below the big R19.00 level in afternoon trade, with the dollar losing ground against emerging market currencies even though the FOMC minutes pointed to concerns about inflation and the possibility of more hikes. In data news, the pending inflation print in Japan could be a source of further weakness for the Yen, with a 2.5% market expectation. Don't miss the recording of yesterday's fireside chat, available here>>> Have a lovely weekend! |