Buy SA Inc (#544)
JSEDirect with Simon Brown
English - June 07, 2023 13:42 - 18 minutes - 17.4 MB - ★★★★★ - 13 ratingsInvesting Business News Business News invest investing trading jse south africa stock market online standard Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Simon Shares SEC sues Binance and CEO for U.S. securities violations. SEC Charges Coinbase for Operating as an Unregistered Securities Exchange, Broker, and Clearing Agency. First quarter GDP was 0.4% and we avoid a technical recession. Pepkor (JSE code: PPH) price slide. Tigerbrands (JSE code: TBS) horror results. Oceana (JSE code: OCE) results knock it out the park.
Sun City visit. Excellent resort, but very quiet which many commentators suggest is because it's a random weekend in June?
I sent this past weekend at Sun City, vacation club. Some thoughts.
The resort is world class, well maintained with a ton to do for kids and adults.
1/n pic.twitter.com/29yaV2GP8b
— Simon Brown (@SimonPB) June 5, 2023
Buying SA Inc.
Not yet but building a watch list with the plan being to buy 10-15 stocks over the months ahead.
Why?
Inflation comes down Rates decrease Load shedding ends (Renewable Energy Grid Survey points to 66 GW development pipeline in South Africa). Government finds a way out of the ICC Putin arrest warrant mess. Rand improves (already 100c better than the R20/US$ of last week) I hold ungeared positions.Simon Brown