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SARB & Treasury Fight Over Inflation | Which MPs Hold Crypto?

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Manage episode 498440148 series 17433
Content provided by JustOneLap.com. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by JustOneLap.com or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

๐ŸŽ™๏ธ Worldwide Markets โ€“ Episode 642 ๐Ÿ“… Recorded: Tuesday, 5 August ๐Ÿ’ผ Host: Simon Brown ๐ŸŒ Powered by Standard Bank Shyft โ€“ The global money app for travel, shopping, payments & investing.

๐Ÿ”ฎ Market Highlights
  • ๐Ÿ“ˆ Purple Group* rocks ๐Ÿš€ Share price has more than doubled since April lows. ๐Ÿงพ PE at 56, but strong growth potential and product expansion. ๐Ÿ’ผ Simon holds the stock โ€” bought low, holding for the long term.

  • ๐Ÿฆ MPC shifts inflation target ๐ŸŽฏ ๐Ÿ”ฝ New anchor at 3%, down from 4.5%. โš ๏ธ Finance Minister pushes back โ€” governance concerns. ๐Ÿ’ธ Lower inflation = lower raises = better expectations management. ๐Ÿงจ Flip side: high real interest rates hurt growth & jobs.

  • ๐Ÿš— Vehicle sales boom ๐Ÿ“Š July sales >51,000 units โ€” highest since 2019! ๐Ÿ›ป Light commercial vehicles dominate, Mahindra sneaks into Top 10. ๐Ÿ’ฐ CMH* shines with low PE and high dividend โ€” Simon holds. ๐Ÿ“‰ Motus also cheap, but Simon prefers CMH.

  • ๐Ÿช™ Gold miners printing money โœจ AngloGold Ashanti*:
    • ๐Ÿšœ Production +21%
    • ๐Ÿ’ฐ Free cash flow +149%
    • ๐Ÿ“‰ Net debt down 92%
    • ๐Ÿ’ต 80c dividend
    • ๐Ÿ’น Targeting R1,000/share โ€” already at R972! โœจ Gold Fields also up ~150% YoY on earnings.

  • ๐Ÿงพ US Bureau of Labor Statistics drama ๐Ÿ‡บ๐Ÿ‡ธ ๐Ÿ”ฅ Trump fires BLS head after unfavourable jobs data. โ— Undermines trust in data โ€” risks U.S. credibility. ๐ŸŒŽ Bad precedent: Greece, Argentina, China have all suffered from politicised stats.
  • ๐ŸŠ Tariffs impact SA agriculture ๐Ÿ‡บ๐Ÿ‡ธ U.S. tariffs on citrus & grapes kick in Thursday. ๐Ÿ“‰ Sector exposure: ~10% โ€” not massive but not zero. ๐Ÿ‘จโ€๐ŸŒพ Some farmers and related stocks (e.g. Mpact) will take a hit.
๐Ÿง  Random Insights
  • ๐Ÿช™ Crypto in Parliament? ๐Ÿ‡ฟ๐Ÿ‡ฆ Of 490 South African parliamentariansโ€ฆ only 2 declared owning crypto. ๐Ÿคทโ€โ™‚๏ธ No surprise crypto isn't getting policy attention.

Simon Brown

* I hold ungeared positions.

All charts by KoyFin | Get 10% off your order

  continue reading

580 episodes

Artwork
iconShare
 
Manage episode 498440148 series 17433
Content provided by JustOneLap.com. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by JustOneLap.com or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

๐ŸŽ™๏ธ Worldwide Markets โ€“ Episode 642 ๐Ÿ“… Recorded: Tuesday, 5 August ๐Ÿ’ผ Host: Simon Brown ๐ŸŒ Powered by Standard Bank Shyft โ€“ The global money app for travel, shopping, payments & investing.

๐Ÿ”ฎ Market Highlights
  • ๐Ÿ“ˆ Purple Group* rocks ๐Ÿš€ Share price has more than doubled since April lows. ๐Ÿงพ PE at 56, but strong growth potential and product expansion. ๐Ÿ’ผ Simon holds the stock โ€” bought low, holding for the long term.

  • ๐Ÿฆ MPC shifts inflation target ๐ŸŽฏ ๐Ÿ”ฝ New anchor at 3%, down from 4.5%. โš ๏ธ Finance Minister pushes back โ€” governance concerns. ๐Ÿ’ธ Lower inflation = lower raises = better expectations management. ๐Ÿงจ Flip side: high real interest rates hurt growth & jobs.

  • ๐Ÿš— Vehicle sales boom ๐Ÿ“Š July sales >51,000 units โ€” highest since 2019! ๐Ÿ›ป Light commercial vehicles dominate, Mahindra sneaks into Top 10. ๐Ÿ’ฐ CMH* shines with low PE and high dividend โ€” Simon holds. ๐Ÿ“‰ Motus also cheap, but Simon prefers CMH.

  • ๐Ÿช™ Gold miners printing money โœจ AngloGold Ashanti*:
    • ๐Ÿšœ Production +21%
    • ๐Ÿ’ฐ Free cash flow +149%
    • ๐Ÿ“‰ Net debt down 92%
    • ๐Ÿ’ต 80c dividend
    • ๐Ÿ’น Targeting R1,000/share โ€” already at R972! โœจ Gold Fields also up ~150% YoY on earnings.

  • ๐Ÿงพ US Bureau of Labor Statistics drama ๐Ÿ‡บ๐Ÿ‡ธ ๐Ÿ”ฅ Trump fires BLS head after unfavourable jobs data. โ— Undermines trust in data โ€” risks U.S. credibility. ๐ŸŒŽ Bad precedent: Greece, Argentina, China have all suffered from politicised stats.
  • ๐ŸŠ Tariffs impact SA agriculture ๐Ÿ‡บ๐Ÿ‡ธ U.S. tariffs on citrus & grapes kick in Thursday. ๐Ÿ“‰ Sector exposure: ~10% โ€” not massive but not zero. ๐Ÿ‘จโ€๐ŸŒพ Some farmers and related stocks (e.g. Mpact) will take a hit.
๐Ÿง  Random Insights
  • ๐Ÿช™ Crypto in Parliament? ๐Ÿ‡ฟ๐Ÿ‡ฆ Of 490 South African parliamentariansโ€ฆ only 2 declared owning crypto. ๐Ÿคทโ€โ™‚๏ธ No surprise crypto isn't getting policy attention.

Simon Brown

* I hold ungeared positions.

All charts by KoyFin | Get 10% off your order

  continue reading

580 episodes

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