#254: Simon thinks on things

Simon Shares

• Anchor Capital (JSE code: ACG) been getting pounded, after almost 2000c in late 2015 now around 600c.
• HomeChoice International (JSE code: HIL) is an online machine at making money, but liquidity is zero. Four trades this months and a spread of 1400c / 3540c. So just avoid.
• Oil under pressure, good for fishing companies and motorists. Sasol* (JSE code: SOL) has some hedges at around $47 and is looking good for a buy at around R360.
• Last week I commented was looking to pick up more Tongaat* (JSE code: TON) around R123.50 then then the drought update and stock has flown, now R133.
• I have updated most of the prices to be paid for my death till us part stocks here.
• Standard & Poors still rattling around pondering a downgrade for SA. Next release in June and then December by when they have to either downgrade us or remove the negative outlook.
• Choppies (JSE code: CHP) results tough as they try and take on the big guns on their back yard.
• Blue Label (JSE code: BLU) about to buy Cell C, I not impressed with buying the their operator in a tight market. Some saying they are next Capitec* (JSE code: CPI), can't see how or why.
• Foresight Solar Fund listing, looks interesting as a dividend / Sterling play.
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* I hold ungeared positions.

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