Skip to content
Banks offering value (#449) episode artwork

Jun 2, 2021 20 min

Banks offering value (#449)

from JSEDirect with Simon Brown Hosted by www.JustOneLap.com

Simon Shares Sibanye Stillwater* (JSE code: SSW) announced they'll buy back 5% of their shares. Shoprite* (JSE code: SHP) exits Nigeria. AdaptIT (JSE code: ADI) gets an upgraded offer from Huge (JSE code: HUG) but still likes the 650c cash from Volaris, even as that is below the independent board's fair value of 700c - 909c. Barloworld (JSE code: BAW) completes R1billion sale of motor retail unit and will also, in time, sell its Avis car rental and leasing business. Brent oil is above US$70 for the first time since early 2019. OPEC+ says it will maintain its policy of gradually increasing supply. A very strong trading update from Standard Bank (JSE code: SBK). Banks locally have risks, but look cheap, I have a position in the Satrix Fini ETF* JSE code: STXFIN).* I hold ungeared positions. [caption id="attachment_29849" align="aligncenter" width="888"] Fini15 ~ weekly[/caption] A new ETF to rule them all Manage your money like a rock star Upcoming events; 24 June ~ JSE Power Hour: Why the Rand will be stronger for longer

Episode details come from the podcast's RSS feed.

Embed this episode

Ready to play

Banks offering value (#449)

0:00 20:32

No transcript yet.

Requests help us decide what to transcribe next.

Frequently asked questions

How long is this episode of JSEDirect with Simon Brown?

This episode is 20 minutes long.

When was this JSEDirect with Simon Brown episode published?

This episode was published on June 2, 2021.

Can I download this JSEDirect with Simon Brown episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.