ARTICLES

Postscript to Article: The Giant Awakens

Following our bullish article published yesterday about the S&P500, the sudden revelation of Mr Comey's letter to President Trump raised the issue of obstruction of justice, a very serious charge for a US President.

Suddenly, investors began to think that maybe President Trump's tax breaks would not come through and that caused them to panic and sell out of their positions. What they seem to be missing is that the upward move in the S&P500 has never really been about Trump's proposed tax cuts. It has been about the much better-than-expected corporate earnings among S&P500 companies, especially the tech stocks. And these improved profits are directly related to the monetary stimulation which we spoke of in the article. In our view the sell-off was a knee-jerk reaction which will probably be reversed in the next few days. Already, South African shares like Dischem which reacted badly to the sell-off on Wall Street have recovered much of what they lost. If this was the beginning of a big sell-off, then why is the FTSE down only fractionally? Remember the old investor wisdom: "Nothing in the markets moves in a straight line".  

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PDSNET ARTICLES - MAY 2017

Long 4 Life (L4L)

As a private investor, you are really trying to catch onto the coat-tails of a proven entrepreneur and then go along for the ride. The secret is to find an appropriate entrepreneur with solid experience and then jump on board as early as possible.
The newly listed company Long 4 Life was launched by Brian Joffe, previously the Chairman of Bidvest. His long years of experience in building

Dischem�s Maiden Results

Dischem listed on the JSE on 18^th November 2016, raising R750m via a private placing. The company is well-known to South Africans as an alternative to the already-listed Clicks. One of the primary purposes of the listing was to enable Dischem to expand its store base aggressively. Clicks has about 600 stores, and common sense indicates that where ever there is a Clicks, there can be a Dischem.

Postscript to Article: The Giant Awakens

Following our bullish article published yesterday about the S&P500, the sudden revelation of Mr Comey's letter to President Trump raised the issue of obstruction of justice, a very serious charge for a US President.
Suddenly, investors began to think that maybe President Trump's tax breaks would not come through and that caused them to panic and sell out of their positions. What

The Giant Awakens

As expected, Wall Street is making new highs on the back of a buoyant economy and record low unemployment. It is ignoring the bad news like weaker-than-expected housing and focusing on the bullish data like the 211 000 jobs created in April month. This is typical bull market behavior. In a bull market, investors focus on the positive and tend to ignore the negative.
What

Wall Street Steams Ahead

America is in the throes of a massive economic recovery. This recovery has been anticipated and discounted by the share market since the middle of 2009. The recovery is firmly based on the massive quantitative easing and record low interest rates which have existed since the sub-prime crisis of 2008. Last month the US economy created 211 000 new jobs and unemployment fell to a