Mediclinic has seen a good recovery at its hospitals in SA and the Middle East due to an easing of lockdown restrictions and greater operational flexibility as it adapts to Covid-19. However, it says the pace of recovery is likely to be more moderate than previously anticipated due to a third wave of the pandemic in Europe. Investors responded positively to a trading update from the private healthcare services group on Friday, pushing its shares higher. Italtile's shares also rose on the back of a nine-month update, in which it guided on a strong rise in annual earnings if current conditions continue. Meanwhile, the delistings of undervalued shares from the JSE is set to continue, with shareholders giving a buyout of RDI REIT the go-ahead. Lubricants and chemicals group Spanjaard may also get an offer from its controlling shareholder to buy out minorities. If you missed last week's episode of the Magic Markets podcast, look out for it in today's newsletter. With the help of the team from Future Forex, hosts The Finance Ghost and Mohammed Nalla (Moe-Knows) unpack the risks and opportunities of crypto arbitrage. Finally, in the latest edition of Today's Trustee, Allan Greenblo suggests that SARS should be given the freedom to pursue the corruption crooks exposed by the Zondo commission. I hope you have a good week. Stephen Gunnion Managing Editor, InceConnect
The latest from Ingham Analytics NOPE stands for Net Option Pricing Effect and as Andrew Kinsey in "NOPE, you can make money out of volatility" explains provided you're well-armed with knowledge you can profit from it. Also, check out the note on Alibaba entitled "Slap". |