Phantom Shares: A Right Royal Deal
- South Africa
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EPP, Exxaro, Impala Platinum, Massmart, Northam Platinum, Pick n Pay, Redefine Properties, Royal Bafokeng Platinum, Shoprite, The Foschini Group
- December 6, 2021
Phantom Shares is my weekly summary of the more interesting stories and themes from the prior week on the JSE. It is first published in the Daily Maverick 168 newspaper on a Saturday and then in Business Maverick each Monday. It is reproduced here with the permission of Daily Maverick. the_ad id=”3223″ A Right Royal Deal When an asset looks …
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Phantom Shares: A Right Royal Deal
- South Africa
-
EPP, Exxaro, Impala Platinum, Massmart, Northam Platinum, Pick n Pay, Redefine Properties, Royal Bafokeng Platinum, Shoprite, The Foschini Group
- December 6, 2021
Phantom Shares is my weekly summary of the more interesting stories and themes from the prior week on the JSE. It is first published in the Daily Maverick 168 newspaper on a Saturday and then in Business Maverick each Monday. It is reproduced here with the permission of Daily Maverick. the_ad id=”3223″ A Right Royal Deal When an asset looks …
View Post
Phantom Shares: A Right Royal Deal
- South Africa
-
EPP, Exxaro, Impala Platinum, Massmart, Northam Platinum, Pick n Pay, Redefine Properties, Royal Bafokeng Platinum, Shoprite, The Foschini Group
- December 6, 2021
Phantom Shares is my weekly summary of the more interesting stories and themes from the prior week on the JSE. It is first published in the Daily Maverick 168 newspaper on a Saturday and then in Business Maverick each Monday. It is reproduced here with the permission of Daily Maverick. the_ad id=”3223″ A Right Royal Deal When an asset looks …
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Massmart and the case for cutting through the noise
After the market crashed in March 2020, I decided to take a risk. Believing that the valuations were ridiculously low and that they couldn’t possibly stay there, I emptied a big chunk of my access bond into the market. Essentially, these were bonuses I had saved over the years. I treat my bond like a revolving credit facility at a …
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Massmart and the case for cutting through the noise
After the market crashed in March 2020, I decided to take a risk. Believing that the valuations were ridiculously low and that they couldn’t possibly stay there, I emptied a big chunk of my access bond into the market. Essentially, these were bonuses I had saved over the years. I treat my bond like a revolving credit facility at a …
View Post
Massmart and the case for cutting through the noise
After the market crashed in March 2020, I decided to take a risk. Believing that the valuations were ridiculously low and that they couldn’t possibly stay there, I emptied a big chunk of my access bond into the market. Essentially, these were bonuses I had saved over the years. I treat my bond like a revolving credit facility at a …
View Post
Magic Markets Ep7: 2021 Preview
The Finance Ghost and Mohammed Nalla (Moe-Knows) are back! In the opening episode of 2021, we touch on what worked and didn’t work in our respective portfolios in 2020. We also talk about changes we’ve made for 2021 to position ourselves for latest market conditions, especially against a backdrop of second wave lockdowns. http:// the_ad id=”3223″ the_ad id=”3235″ the_ad id=”3234″ …
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Magic Markets Ep7: 2021 Preview
The Finance Ghost and Mohammed Nalla (Moe-Knows) are back! In the opening episode of 2021, we touch on what worked and didn’t work in our respective portfolios in 2020. We also talk about changes we’ve made for 2021 to position ourselves for latest market conditions, especially against a backdrop of second wave lockdowns. http:// the_ad id=”3223″ the_ad id=”3235″ the_ad id=”3234″ …
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My JSE strategy: detailed review
- South Africa
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AngloGold, BHP, Bidcorp, Bidcorp, Capital Appreciation Group, Capitec, Clicks, Distell, DRD Gold, EOH, Gold, Gold Fields, Harmony, Harmony, Investing, JSE, Massmart, Mediclinic, Motus, Motus, Sasol, Stor-Age, Tower Property Fund, Tower Property Fund, Transaction Capital, Transaction Capital
- December 21, 2020
Ghosts are transparent by design and The Finance Ghost is no different. I love sharing my portfolio moves and the way I arrived at decisions. Goodness knows I don’t always get it right, but if I’m not prepared to publicly share my decisions, then how can we all learn from each other? To close off 2020, I’ve decided to give …
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International firms circling South African companies
The Companies Act requires public companies to make an announcement whenever a shareholder crosses through a 5% milestone. In other words, if a shareholder held 4,8% and bought more shares today, thereby increasing to a shareholding in the company of 5,4%, the company would need to announce on SENS that this has happened. This is important because it alerts the …
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