Master Forecaster

  Market Scorecard After the local market closed yesterday, PSG announced that they would unbundle their Capitec shareholding. Due to the amazing growth from Capitec, it has become too big to stay part of the PSG stable. By unbundling Capitec, PSG is hoping to reduce the current discount to NAV that the market has assigned … Continue reading Master Forecaster

David Moans

  Market Scorecard Both the South African and US markets started the day in the green and then finished trading in the red. For the US market, it was at around 11 when the market suddenly just dropped 1%. None of the reasons given for the drop by financial media looked overly convincing. Should we … Continue reading David Moans

May Will Stay

  Market Scorecard It has been a tumultuous two days for the UK and their road to Brexit. As expected the current version of the Brexit deal was defeated in the House of Commons. What was surprising was how big the defeat was. Then last night Theresa May's government survived a no-confidence vote. Given that … Continue reading May Will Stay

Beer Goes Green

  Market Scorecard When it rains, it pours. For the South African consumer, you have had to stomach many fuel price hikes this year. What compounds the problem though, is that these higher fuel prices leads to higher inflation, so even less spending power for the consumer. It doesn't end there though, higher inflation means … Continue reading Beer Goes Green