Top
06/07/2018 – UnumCapital
fade
0
archive,date,eltd-core-1.2.1,tribe-no-js,flow-ver-1.6.3,,eltd-smooth-page-transitions,ajax,eltd-blog-installed,page-template-blog-standard,eltd-header-standard,eltd-fixed-on-scroll,eltd-default-mobile-header,eltd-sticky-up-mobile-header,eltd-dropdown-default,wpb-js-composer js-comp-ver-6.0.5,vc_responsive,elementor-default

Jul 2018

TRADE ALERT – Pick n Pay (PIK)

Pick n Pay has proved rather resilient throughout this recent sell off on the retail sector. With a substantially lower net margin and sales growth profile than major competitor Shoprite (SHP), its P/E  of 28 is rather expensive. Not to mention, the effects of  higher petrol...

Pick n Pay has proved rather r...

Read More

Technical Analysis- – Capitec Bank (CPI)

A Short Term Technical Analysis  Following the revelation of allegations of improprieties made by an international research house, the price has remained range-bound. Trading just below it's 200-day moving average, R815 to R825 has acted as support while R900 to R925 is where sellers have become...

A Short Term Technical Analysi...

Read More

Company News – Glencore Plc (GLN)

Share buy-back programme Glencore plc (the “Company”) will commence a share repurchase or buy-back programme of up to USD1 billion (the “Programme”) in the period to 31 December 2018. The Programme will be effected in accordance with the terms of the authority granted by shareholders at...

Share buy-back programme Gl...

Read More

Company News – Anglo American Platinum (AMS)

Accepts an Offer from Royal Bafokeng Platinum to Purchase its 33% Interest in BRPM JV Anglo American Platinum accepts an offer from Royal Bafokeng Platinum to purchase its 33% interest in the BRPM joint venture Anglo American Platinum confirms that its wholly-owned subsidiary, Rustenburg Platinum Mines...

Accepts an Offer from Royal Ba...

Read More

Technical Analysis – JSE Top 40

Following the strong rebound off the lows of 48750 on 29-June, the price yesterday found resistance at it's 200-day moving average. The price action during the course of yesterday saw the index reach a high of 51990 before pulling back to settle at 51336, as sellers...

Following the strong rebound o...

Read More