Shares that profit from load shedding (#525)

Simon Shares

• Renergen* (JSE code: REN) finally gets phase 1 helium flowing.
• ArcelorMittal (JSE code: ACL) update, everything they warned about went wrong.
• MPC Thursday (26 January) and FOMC Wednesday (1 February). Raising 0.25% each.

Stocks making money from load shedding

• Reunert (JSE code: RLO). High voltage cables and circuit breakers.
• Mustek (JSE code: MST). Green energy division.
• Famous Brands (JSE code: FBR). Lights out need food.
• Mahube Infrastructure (JSE code: MHB). Wind and solar operations paying a dividend (DY ±13.5%) and trading below NAV.
• Kibo Energy (JSE code: KBO). Are they a going concern? They issued shares to pay a £19,635.44 invoice.

This is well worth a listen, some important data points from @StefMarani that help understands the road ahead .. https://t.co/6CGNRd6QUe

— Simon Brown (@SimonPB) January 24, 2023

@simonbrown_za ArcelorMittal SA horror update as the second half was loss making #investing #share #jse ♬ original sound - SimonBrown

* I hold ungeared positions.