I'm not going to play games this morning. For some reason, half the companies on the JSE conspired to make my life almost impossible yesterday, releasing a huge number of updates on the same day. There are so many insights in them, ranging across the retail, mining, property and other industries. We've got everything from Alphamin's production update through to Nampak's news of a reduced (but still gigantic) proposed rights offer. We even have another board committee at Spar, a company that now has a governance structure so complicated that even President Ramaphosa would be shocked (and a little jealous of it). For the latest from Advanced Health, Alphamin, Capital & Counties, Italtile, Nampak, Pan African Resources, Pepkor, Spar and Tongaat (and breathe...), read Ghost Bites this morning>>> I know it's not always easy to stay on top of the JSE newsflow, which is exactly why the Ghost Wrap podcast exists. Brought to you by Mazars, it updates you on seven companies in under six minutes! The latest episode features Renergen, The Foschini Group, Truworths, Clicks, Lewis, Astral Foods and ArcelorMittal. Find the episode here>>> A risk-off start to the weekSENS may have been on fire yesterday, but emerging market currencies couldn't say the same thing. The market started the week cautiously, with US treasury yields moving higher ahead of the Fed and ECB rate decisions this week. The US non-farm payroll number is due at the end of the week. In a busy week for data, TreasuryONE notes that the rand is trading weaker and was almost at the R17.40 level, before improving to trade at R17.34. Gold has come off its multi-year high and is trading at $1,936 per ounce as investors await the Fed. Learn about investing with Magic MarketsIn Magic Markets Premium, there are well over 60 reports and podcasts on global companies available in the library. In thes e reports, we dive into the key strategic drivers, the bull case and bear case, an overview of management and the competitive environment, a review of the latest financial information, technical trading indicators and finally an assessment of the fundamental valuation and whether we (Mohammed Nalla and your favourite ghost) would add it to our portfolios at the current levels. Endorsed by the likes of EasyEquities, Magic Markets Premium is an incredible way to learn about equity research. For just R99/month or R990/year, we deliberately priced it for accessibility. We are all about opening the markets up to everyone, not closing them. Enjoy our latest show on Procter & Gamble and every other report in the library by subscribing here>>> In our latest free show, Petri Redelinghuys of Herenya Capital Advisors joined us to talk about 2023 ideas and even some silver linings for South Africa. Enjoy it here>>> Financial planning for gig workersIn an interesting and highly relevant article by Duma Mxenge of Satrix, the financial needs of so-called "gig workers" are in the spotlight. Characterised by income volatility and a higher level of financial risk than those in traditional corporate roles, gig workers need to think about financial planning differently. Read more here>>> Have a great day and enjoy the Ghost Mouthful this morning, nevermind Ghost Bites! |