Mia Kruger from Kruger International and Gary Booysen from Rand Swiss talk to Business Day TV.
Mia Kruger CFA®
I’m feeling pretty optimistic this morning!
[LIVESTREAM] @Mia_Kruger of Kruger International talks #Pepkor and @mrpricegroup results on #MoneywebNOW with @SimonPB. Tune in now to catch the conversation. #podcasttime #download #listenlive #retailnews #BlackFriday #JSE #MoneywebNews
Light conversation on serious matters to kick of the weekend.
What a week! @davidshapiro61 is on holiday @LindsayBiz is hugely relieved the asteroid headed for Earth on Fri 13th missed us & battles to get a word in with the blonde trio of @Mia_Kruger @madaboutmarkets and @bronwynnielsen
Access show: https://youtu.be/J8kehfNQ01Y
South African Reserve Bank decided to keep rates unchanged at 3.5% as expected. The inflation outlook remains encouraging, but risks remain regarding SA’s ability to attract and retain foreign investment
Don't forget to focus some attention on the good news stories too:
Businesses pledge close to R110bn at Cyril’s third investment conference https://www.moneyweb.co.za/news/companies-and-deals/businesses-pledge-close-to-r110bn-at-cyrils-third-investment-conference/?utm_source=Moneyweb via @Moneyweb @SurenNaidoo
Morning @Nespresso and chat to @SimonPB. Listen below if you missed it.
@Mia_Kruger Vodacom and Astral results, Shoprite update
@OctodecInvest results as dividend deferred and LTV 42.6%
Tsogo Sun Hotels results after a devastating period. Two thirds open, but still no conferencing
In 2013 @elonmusk published his proposal on the Hyperloop in a 57 page white paper.
Here is a brief overview of the history of similar ideas to the Hyperloop, dating back as far as 200 years: https://www.businessinsider.com/history-hyperloop-pneumatic-tubes-as-transportation-2017-8?IR=T#three-years-later-elon-musk-published-his-proposal-for-the-hyperloop-in-a-57-page-white-paper-according-to-his-design-sealed-pods-containing-28-people-each-would-whisk-through-tubes-a-trip-from-nyc-to-dc-would-take-29-minutes-he-tweeted-in-2017-11
Watch the 1st people travel in a Hyperloop.
Is this how SA unit trusts will get exposure to renewable energy infrastructure?
Tech heavy earnings week up ahead: #AAPL #AMZN #MSFT #GOOGL #FB #AMD #BA #SHOP #SAP #V #SPOT and a coffee to go with that #SBUX
.@davidshapiro61 explains his fascination with Cardi B's WAP song, @Mia_Kruger says the market is getting ahead of itself, @LindsayBiz looks to the mini budget & admits to the zoom syndrome of business on top "party" below.
What a Week. https://youtu.be/KCvjXp4rPwc @JanineBester
Charl Bester CFP®
This price is opportunistic rather than fair. Management would never accept a takeover at this price. Anchor Group plans to delist from the JSE - by @larrymyboy #MoneywebNews https://www.moneyweb.co.za/news/companies-and-deals/anchor-group-plans-to-delist-from-the-jse/ via @Moneyweb
We have juicy yields on RSA government bonds if your willing to take the risk. Canada's pension fund is reviewing bond holdings in light of zero interest rates @CNBC https://www.cnbc.com/2020/09/16/singapore-summit-cppib-ceo-on-zero-bound-interest-rates.html?__source=iosappshare%7Ccom.apple.UIKit.activity.PostToTwitter
Remember working at the FTSE in 2000, after the TMT bubble the FTSE-100 took 15 years to make a new high. Blackstone warns of a ‘lost decade’ where stock market returns are ‘anemic’ @CNBC https://www.cnbc.com/2020/09/16/blackstone-warns-of-lost-decade-with-anemic-stock-market-returns.html?__source=iosappshare%7Ccom.apple.UIKit.activity.PostToTwitter
Berkshire Hathaway must be very happy $Apple shareholders. They made many billions buying a great company at a good price.
Expect a lot more Ferraris, Maybach’s and Range Rover’s in SA. Coronavirus: Florida man 'bought Lamborghini after claiming nearly $4m in COVID-19 relief loans'
How great would it be to watch a live Bokke vs England game on the magnificent #twickenham @RassieRugby @jacnienaber
Apple and Amazon earnings.
US GDP for Q2 out Thursday Fed meeting concludes Wednesday. The $600 weekly checks to US unemployed stops Friday. Get ready for one of the newsiest and most critical weeks of summer for markets @CNBC https://www.cnbc.com/2020/07/24/here-comes-one-of-the-newsiest-and-most-critical-weeks-of-the-summer-for-markets.html?__source=iosappshare%7Ccom.apple.UIKit.activity.PostToTwitter
Prime at 47 year low good for my bond repayment #SARBMPCJUL20
Public schools to close again - bad for my daughter in grade 7
Private schools open for now - good news for my girl in grade 5.
I'm #COVID19 free after testing positive just over two weeks ago. #BlessedAndGrateful
When we bought our first house in 2003 prime was 17% today it is 7%. A lot has changed in the last 17 years. Will the low interest rate entice me to buy local properties today, most certainly not.