Don't miss out on the brand new episode of Ghost Wrap, now available on Apple Podcasts and Spotify as well. Get updates on Premier, Tiger Brands, Purple Group, eMedia, Vodacom, Transaction Capital, Spar, Woolworths and Shoprite in Episode 2>>> Ghost Bites:BHP gets the OZ Minerals board across the line with a revised offer that is 13% higher than the first oneGemfields may make you green with envy, after a record year for emerald auctions from the Kagem mineMurray & Roberts gives full details of the Clough deal, including an interim loan from the buyer to keep Clough alive long enough to buy itNovus looks ahead to future investments in the education sector after reporting on a tough six-month periodSouthern Sun bounces back after the pandemic but HEPS is still well below 2019 levelsWhen I used screenshots from The Foschini Group's financial statements in a recent edition of Ghost Bites, it proved to be popular with readers. I've done it again today, this time with Novus. If you're keen to learn more about investing and what is really going on out there, Ghost Bites is for you>>> Don't be an ostrichSadly, it doesn't help to stick your head in the sand when it comes to scary economic news. Knowledge is power after all, and when it comes to potentially tough times ahead, it helps to be more prepared. There are two sobering pieces this morning that I highly recommend that you read: The first is Chris Gilmour's weekly piece, this time on the UK and the pending austerity measurest> for what was once a strong economyThe second is an excellent piece of work from Andre Botha at TreasuryONE and George Glynos at ETM Analytics, putting forward a collection of charts that demonstrate that a recession is becoming increasingly likely in 2023Fresh data this week will be useful in enhancing our understanding of what might happen. Local inflation is expected to print 7.4% on Wednesday afternoon and the SARB is expected to hike by another 75 basis points on Thursday. In the US, we have more Fed speakers, the FOMC minutes from the November meeting and other data that could provide short-term spikes. TreasuryONE expects to see more volatility creeping into currenci es this week. Are you building a company?If you've always wondered what it takes to increase the value of your company, then the bizval webinars will help you tremendously. Hosted by yours truly and my co-founders in bizval, we run through many of the key concepts in determining and (most importantly) increasing a valuation. You'll find Part 1 here and Part 2 here. Podcasts to kick off your weekAs mentioned rig ht at the top, there's a new episode of Ghost Wrap for you to enjoy. It's a fast, fun and informative way to catch up on the prior week's most interesting updates on the JSE. In the latest episode of Magic Markets, we looked back on the recent Big Tech earnings season and unpacked some of the key themes we've seen in companies like Meta, Amazon and Apple. You definitely don't want to miss these insights! Listen to the show here>>> With that, I wish you a wonderful Monday! |