Investing with caution

You’ve probably seen companies release “cautionary announcements” over SENS, the Stock Exchange News Service of the JSE. This system ensures that everyone gets information at the same time. The news goes out “on the wires” and the market reacts accordingly. Today, Alaris Holdings Limited released a cautionary announcement, which is a good opportunity to unpack why such announcements exist and …

View Post

The power of market signalling

The JSE requires companies to make certain disclosures. These range from reporting results through to alerting the market when directors and their associates buy or sell shares. There is also a need to disclose any resignations of directors. This year, there has been another interesting development: an allowance by the JSE for companies to defer the release of financial results. …

View Post

The power of market signalling

The JSE requires companies to make certain disclosures. These range from reporting results through to alerting the market when directors and their associates buy or sell shares. There is also a need to disclose any resignations of directors. This year, there has been another interesting development: an allowance by the JSE for companies to defer the release of financial results. …

View Post

Kodak – did some traders have a sharper image?

It’s worth stating up-front that references to photography in this article are quite naughty, because the current excitement around Kodak has absolutely nothing to do with photography. You may be old enough to remember yellow Kodak stores in shopping malls that allowed you to print photos from film (?!?) and even buy photo albums and cameras. Kodak’s business model was …

View Post