Simon Shares SAB Zenzele Kabili trading at R180, at least 3x fair value? Local GDP for the first quarter was 1.1% QoQ. Kinda middling. Stor-Age* (JSE code: SSS) results. Thungela Resources (JSE code: TGA) lists. AdaptIT (JSE code: ADI) gets an improved offer from Volaris - 700c. Life Healthcare (JSE code: LHC) bouncing again because of the Alzheimer drug. But it a very long road. Sirius Real Estate (JSE code: SRE) results were excellent.
Upcoming events; 24 June ~ JSE Power Hour: Rand ~ stronger for longer Options, futures and CFDs Options (warrants on the JSE) Complicated Risk is only 100%. Right to buy or sell. Not much offered in SA. Long or short, depending on if call or put. Can trade on Safex, but institutional size trades only. Futures Exchange-traded Equity, indices, commodities, currencies & agriculture. Long or short. Interest charge and dividends built into the price. Require a Safex broker. You can lose more than you started with. Contract for Difference (CFDs) Over the counter (OTC) traded. Counterparty risk. Issued on anything. Long or short. Interest paid/earned daily. No expiry. You can lose more than you started with.