Simon Shares Metrofile* (JSE code: MFL) results very modest as they reduce dividend for H2 but keep it flat for the year. Clover (JSE code: CLR) results were ouch, very ouch. They call it a perfect storm, I call it over priced branded milk. Spur (JSE code: SUR) were also very bleak and give us some insights to the Famous Brands* (JSE code: FBR) due at the end of October. Now Famous Brands has a way better business model and management, but expect very tough results from them. JPMorgan's Dimon said that Bitcoin 'is a fraud'. Right or wrong the price collapsed again and expect a lot more attacks from 'traditional' financial institutions, attacks that Bitcoin fans will say prices its value as it shakes up the establishment. No to tax, yes to fees? Up coming events; The Traders Life: The money with IG and Simon Brown FX vs Shares - Wealth Creator or Poverty stamp
Everything is at all time highsWhy does everybody hate highs? If we're an investor highs are a great thing as it means we're richer then before?
I once had a trading system that one of the rules buy new twelve month highs, and it made money.
We get mail Leonard I was a client of Saambou back in the day, and I’m concerned about possible risks of holding everything through a single financial institution. Would there be any risk associated with putting all my eggs into one basket? Hoosain Just read about Patrice Motsepe's ARC investments going public on the JSE yesterday. The headline on moneyweb says "Patrice Motsepe lists his Berkshire Hathaway". Alarms bells rang off in my head when I saw this. Your thoughts about the company and its potential to be South Africa's Berkshire Hathaway? Chris Could u please explain the implications of the STAR spinoff? I currently hold Steinhoff and Shoprite. If I want to hold on to my exposure to PEP, ACKERMANS etc., do I now need to go and buy STAR? Or does Steinhoff still own STAR and thus I can just hold on to my Steinhoff shares? Subscriber to our feed here Sign up for email alerts as a new show goes live Subscribe or review us in iTunes.JSE – The JSE is a registered trademark of the JSE Limited.
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