Simon’s weekly wrap: Finding direction on shares and consumer trends


I spoke with Keith McLachlan of Integral Asset Management about investing offshore, specifically on how to deal with the tens of thousands of shares available globally. He had some great tips on how to use filters to whittle them down to a manageable number of shares, on which one can do further, deeper research before deciding whether to invest or not. (Read transcript)

Tencent reported its first-ever drop in revenue and I spoke with Schalk Louw of PSG Old Oak on how he saw the results. Weak results were largely expected due to the hardline stance China has been taking on Covid-19, as well as regulatory issues over the last year. However, the company remains a dominant player in China, with over one billion WeChat users, and Schalk says the stock looks cheap. (Read transcript)

Consumers the world over are under pressure and South Africa is no different. I spoke with Momentum economist Johann van Tonder about this pressure, and on whether he expects things to improve for the consumer. The petrol price is expected to fall by at least 200c in September, but rising interest rates and food inflation will continue to hurt. (Read transcript)

Caxton* has a stated intent to take control of Mpact and it issued a Sens last week, having a go at the Mpact board. I spoke with Caxton non-executive chair Paul Jenkins about its concerns and the process so far. We also spoke about the process to follow and later in the week Mpact issued a Sens in reply, refuting Caxton’s claims. (Read transcript)

Also this week:

Teljoy CEO Jonathan Hurvitz on consumer buying trends, specifically the growing trend of subscription as a way of consuming things. (Read transcript)

*Disclosure: Caxton’s majority shareholders are also majority shareholders in African Media Entertainment (AME), the owner of Moneyweb

Source link

Related Articles