Discover and read the best of Twitter Threads about #JSE
Most recents (7)
I don't think my portfolio has ever been in better shape. Not enough cash to buy as much as I would like to as I can't think of selling anything. It is a unusual feeling and not normal at all but these 6 cash printing machines have a long way to go #JSE #THS #SQZ #TRIN #PTAL #PDL
#JSE watch out for the wildcard i.e. Maari. Not factored into the valuation at all. New NZ legislation has increased the likelihood of completion this year(few months imo). That wld bring $80m+ net cash and another 3.5k bopd. This should increase valuation by at least $160m (30%)
#THS market totally missed the 26% acquisition of minority interest for the issue of c10.5m($26m) new shares. Share of profits due to NCI last year alone was c$31m ($38m OCI). Calculate how much ths wld be for another 17 years open pit and 40 yrs underground. Excellent value imo.
Total Mark-Cap #JSE Banks & their 12-month price change
Firstrand R336.34bn +57,17%
Standard Bank R233.5bn +29,09%
Capitec Bank R215.8bn +114,44%
ABSA Grp R130.88bn +98,25%
Nedbank R90.34bn +69,07%
Investec Plc R41.1bn +80,62%
Investec Ltd R18.6bn +79,7%
Finbond R1.1bn -23,7%
Firstrand R336.34bn +57,17%
Standard Bank R233.5bn +29,09%
Capitec Bank R215.8bn +114,44%
ABSA Grp R130.88bn +98,25%
Nedbank R90.34bn +69,07%
Investec Plc R41.1bn +80,62%
Investec Ltd R18.6bn +79,7%
Finbond R1.1bn -23,7%
2/ Pre-2008 a # of global banks were trading at metrics of 2x price-to-book. That consolidated down to a more acceptable discount of between 0,5-0.8x P/B. Secured & higher quality books commanding a smaller discount & occasionally a rating close to or at a slight premium to book.
3/ @Scranston Notes in his BD article today that the stellar performance of ABSA & Nedbank was part attributable to previously trading at a significant discount to book, with ABSA starting at 0.5x book businesslive.co.za/fm/money-and-i…
Just want to check something, do you guys screen to find dividend stocks on the #JSE for example? Do you want me to show you what is an easy way IMO?
1/
Disclaimer: This method will give the dividend stocks you want in seconds and will take you from 0% to 80%. YOU WILL STILL NEED TO VALIDATE THE DIVIDEND COMPANIES BEFORE INVESTING TO SEE IF THEY STILL PAY, ESPECIALLY FOR SA COMPANIES #DYOR
Disclaimer: This method will give the dividend stocks you want in seconds and will take you from 0% to 80%. YOU WILL STILL NEED TO VALIDATE THE DIVIDEND COMPANIES BEFORE INVESTING TO SEE IF THEY STILL PAY, ESPECIALLY FOR SA COMPANIES #DYOR
2/
Google: "free yahoo stock screener" and click on "New Untitled Screener".
Google: "free yahoo stock screener" and click on "New Untitled Screener".
UPDATE ON MARKETS: Man! I'm glad I didn't advice investors to cash in all they're local equity investments a year ago to invest abroad. #JSE improved by 1.6% during March, bringing 12-month returns to 54%. SA Property followed by gaining 1.2%, while the SA Bonds decreased 2.5%.
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The FTSE/ JSE All Share (+3.82%) again enjoyed a much better month than the MSCI All Country World Index (+2.67%) again in USD terms. The 12-month performance for the JSE in USD-terms still leads the MSCI ACWI’s performance by nearly 32%. Wow!
The FTSE/ JSE All Share (+3.82%) again enjoyed a much better month than the MSCI All Country World Index (+2.67%) again in USD terms. The 12-month performance for the JSE in USD-terms still leads the MSCI ACWI’s performance by nearly 32%. Wow!
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South African Small Caps again dominated during March, growing by 7.7%. Large Caps and Mid-Caps grew by 1.3% and 3.4%, respectively.
South African Small Caps again dominated during March, growing by 7.7%. Large Caps and Mid-Caps grew by 1.3% and 3.4%, respectively.
Lets talk about #Gold #Mining in #SouthAfrica. Specifically, lets talk about #AngloGold's exit from South Africa & its impact on say, #Lesotho #Migrant #Mine workers...
The latest #news in the #SouthAfrican #Mining #Industry is that #AngloGold Ashanti, the world’s third-largest gold miner, has sealed a deal to sell its last remaining SA asset as it exits the country after 22 years on the #JSE...
I will not be talking about the "WHY" aspect of #AngloGold's exit from the #SouthAfrican #Mining #Industry. Rather, my focus will be on the consequences of such a move for #Labour, #Migrant labour to be precise. Labour from #Lesotho, specifically...
Wigton Windfarm’s long awaited IPO Prospectus is finally available. Download it for yourself and review it - jamstockex.com/wp-content/upl…
Following below are my thoughts on this listing. Note this is NOT investment advice. Do your own reading and analysis.
All protocols observed.
Following below are my thoughts on this listing. Note this is NOT investment advice. Do your own reading and analysis.
All protocols observed.
The structure of this listing is quite an interesting one. I can’t recall if any public body has ever been listed like this in Jamaica (please correct me if I am wrong).
This is a true divestment, like the Minister or Finance @DrNigelClarkeJa promised.
#Wigton #wigtonipo
This is a true divestment, like the Minister or Finance @DrNigelClarkeJa promised.
#Wigton #wigtonipo
For starters, there are two classes of shares.
Ordinary Shares - 11 Billion (all of which are up for sale in this listing)
Special Share - 1 (just 1 single share assigned to the Accountant General department)
I will explain this Special Share later.
Ordinary Shares - 11 Billion (all of which are up for sale in this listing)
Special Share - 1 (just 1 single share assigned to the Accountant General department)
I will explain this Special Share later.
@_Revolution18 @SAReserveBank @amaBhungane @OUTASA I asked th racist @OUTASA abt this but they blocked me😂 instead of answering my questions.
OUTASA is the same as @Corruption_SA,@Our_DA, FUL,AfriForum,HSF,FreedomUnderLaw,...their MANDATE isto portray BLACKS as corrupt
👇👇
OUTASA is the same as @Corruption_SA,@Our_DA, FUL,AfriForum,HSF,FreedomUnderLaw,...their MANDATE isto portray BLACKS as corrupt
👇👇
@_Revolution18 @SAReserveBank @amaBhungane @OUTASA @Corruption_SA @Our_DA ST GEORGE’S FINE FOODS should offer shares to Black staff members as part of reconciliation.
#AdamCatzavelos
#AdamCatzavelos
@_Revolution18 @SAReserveBank @amaBhungane @OUTASA @Corruption_SA @Our_DA WMC & their Black stooges hv taken a resolution to completely privatise South Africa electricity supply.
Eskom to retrench thousands of Black workers.
Who'll benefit frm Eskom destruction?
👇
WMC,SACP,ANC veterans,Ramaphosa,Gordhans
#WakeUpBlackChild
👇
Eskom to retrench thousands of Black workers.
Who'll benefit frm Eskom destruction?
👇
WMC,SACP,ANC veterans,Ramaphosa,Gordhans
#WakeUpBlackChild
👇
