JSEDirect with Simon Brown

By www.JustOneLap.com

Weekly roundup of what's happening on the JSE in South Africa hosted by Simon Brown. Focusing on stocks outside the Top40 index it includes; company results, updates, market moves, week ahead, trading... more

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FAQs about JSEDirect with Simon Brown:

How many episodes does JSEDirect with Simon Brown have?

The podcast currently has 554 episodes available.

JSEDirect with Simon Brown episodes:

May 18, 2016 JSE Direct 215: Doing risk right
Doing risk right
A very long show this week (over an hour), but totally worth every second of listening.

Last week I reflected on the Sanlam i3 Summit I attend and his week I speak with Roland Rousseau (Head of Barclays Risk Strategy Group) on his presentation at the conference.

Roland is looking at this whole idea of asset or fund manager being outdated and suggesting we rather need risk managers. He has great insights and ideas and this wide ranging conversation on risk has got me thinking a lot more about a lot of things. Real learning, I love it.

Simon

JSE – The JSE is a registered trademark of the JSE Limited.

JSEDirect is an independent broadcast and is not endorsed or affiliated with, nor has it been authorised, or otherwise approved by JSE Limited. The views expressed in this programme are solely those of the presenter, and do not necessarily reflect the views of JSE Limited.
...more
1h 3min
May 11, 2016JSEDirect 214: How do we get smarter?
How do we get smarter? Simon Shares

Calgro M3 (JSE code: CGR) results were great. We're seeing operational leverage coming through and a lot of projects seem to have only added a modest amount in this year with more coming in the new financial year and the memorial parks look interesting. They did have some issues with Namibia, having to relaunch the retirement development and others. Back in December / January I exited some of my position but am happy to hold the balance.

Pipcoin = pyramid scam

What's happened to the PIIGS?

So Moody's was all nice to us, sure but are we really avoiding the ultimate downgrade to junk? Standard & Poors still the one to watch with June their next update and likely the first to make us junk.

On the ETF blog this week we look at the Momentum ETF (JSE code: NFEMOM) as well as find out about total return which involves dividends being automatically reinvested into the ETF.

We're doing a webcast of the lazy trading system on the 12th at 8pm and an IG Boot Camp on Tuesday at 6pm. Book here.

Sanlam i3 2016 Summit
I attended this event last week and have a number of thought from the speakers, in particular Dr Amlan Roy who spoke on demographics (here's a short video interview with him).

My three key learnings;

Differences more important than similarities (Eusebius McKaiser)

Demographics most important thing we ignore (Dr Amlan Roy)

Most of what we think is skill is actually well spent (Roland Rousseau)

We Get Mail

Samuel

Is there a way to position my portfolio to minimize risk when a downgrade of the country`s credit rating is on its way? I believe that the downgrade will happen in this year. Is there a way to gain on this?

Everybody

Where do I find an offshore broker?

JSE – The JSE is a registered trademark of the JSE Limited.

JSEDirect is an independent broadcast and is not endorsed or affiliated with, nor has it been authorised, or otherwise approved by JSE Limited. The views expressed in this programme are solely those of the presenter, and do not necessarily reflect the views of JSE Limited.
...more
23min
May 05, 2016JSE Direct 213: Master class in investing
Master class in investing Simon Shares

This week we look at a bond ETF, ASHINF.

We're doing a webcast of the lazy trading system on the 12th at 8pm.

Hlelo Giyose – First Avenue Investment Management
Hlelo talks stocks but the conversation goes into much more than just some of his current preferred stocks. He delves into what makes great companies, how to spot them and when to buy them. A master class in investing.

JSE – The JSE is a registered trademark of the JSE Limited.

JSEDirect is an independent broadcast and is not endorsed or affiliated with, nor has it been authorised, or otherwise approved by JSE Limited. The views expressed in this programme are solely those of the presenter, and do not necessarily reflect the views of JSE Limited.
...more
36min
April 28, 2016JSE Direct 212: Where to invest offshore?
Where to invest offshore?
Simon Shares
Pick n Pay (JSE code: PIK) results show the turn around is very
much working albeit the stock remains very expensive. But the
margins are still way to slim at 2% and less than half that of
Shoprite (JSE code: SHP). This has to be the focus going forward if
they have any hope of justifying the stretched valuation.
MTN is getting money out of Iran, reportedly USD1billion and
this certainly helps with the Nigerian fine, but once again this
comes from third party sources not from the company via SENS.
Steinhoff (JSE code: SNH) said it won’t raise its offer for
French retailer Darty and this is a good thing because in a bidding
war the only winner is the seller.
Berkshire Hathaway is webcasting their AGM this weekend, this
Saturday 30th April 2016 at 4pm. you can view it here.
Kristia van Heerden looks back at a year of erratic ETF buying in our
weekly ETF blog.
We're
doing a webcast of the lazy trading system on the 12th at
8pm.
Wehmeyer Ferreira from DB X-Trackers
Where to invest offshore? US, EU, UK or Japan? What of China or
maybe just the world?
We've recently covered two of the more popular ETFs from
Deutsche Bank; DBXWD
and DBXUS.
We Get Mail
Samuel
Should a home loan be considered as debt?
Tshepo
What is best index to use for a benchmark?

JSE – The JSE is a registered trademark of the JSE
Limited.
JSEDirect is an independent broadcast and is not endorsed or
affiliated with, nor has it been authorised, or otherwise approved
by JSE Limited. The views expressed in this programme are solely
those of the presenter, and do not necessarily reflect the views of
JSE Limited.
...more
25min
April 20, 2016JSE Direct 211: An investment check list
An investment check list
Simon Shares
Everybody is freaking out on the Capital&Counties (JSE code: CCO) sell off, some 50% off the highs of January. Really driven by three things; it had been flying, stronger ZAR against Sterling and concerns about Brexit. Long term not an issue, so if you love the stock nows your chance to get more cheaper.
Kristia van Heerden (Just One Lap CEO) tweeted some thoughts from last weeks podcast where I spoke about expectations. Her comment was that managing expectations doesn't start with investing. It's also about debt, hating on your job. These need fixing long before investing and certainly no investment will make your job better or the debt suddenly disappear.
If you expect your investments to save you from your shitty job or debt or pay for things you can't afford, you're in for disappointment.
— Kristia van Heerden (@kristiavh) April 18, 2016
Our ETF this week is DBXUS and it has staggering returns of 223% over five years.
New videos galore;
Managing volatility with Gary Booysen
IG Boot Camp: Trading psychology
Added a bunch of new events, find them here.
Gary Booysen Portfolio Manager Rand Swiss
Gary did a great presentation for the JSE Power Hour last week (find it here). In it he looked at current market conditions, volatility and how to manage a share portfolio in these conditions. In this chat Simon also focuses one of his stock picks (AdaptIT, JSE code: ADI) and his check list. The check list (below) is a simple first filter to find quality stocks worth investigating further. The full video is here.
The check list;
3 year total return +20%
Increasing revenue over 5 years
Increasing earnings over 5 years
Increasing dividends
Increasing gross margin
Increasing ROE
Outstanding shares stable or decreasing
PE, P/B, P/S, PEG, FPE in range
Current ratio, LT-Debt/Equity
Management quality
We Get Mail
Ros
Once I've put my annual R30,000 into my TFSA, and I've also reached my tax-deductible limit in terms of my RA contribution, would it still be better to invest within the RA for the tax advantages it provides on withdrawal? Or should I just buy ETFs directly?
Brenda
My daughter is now in Grade 10. Over the years I have been saving in unit trusts for her university fees. I stopped the monthly debit orders at the beginning of the year when I realised that the performance did not justify the fees. I now have almost R500k in two unit trust. On the one hand I do want some capital protection but also want growth with some income so that she can have funds for a car, deposit for a flat etc. I know that I can do better investing in the market. Should I :
Liquidate the unit trust and open a trading account in her name?
Start with about five shares - I am considering Coronation, Old Mutual, Steinhoff, Discovery and Mediclinic.
ABSA MAPPS PRO ETF
NFILBI
BBET40
DBXWD
DIVTRX
JSE – The JSE is a registered trademark of the JSE Limited.
JSEDirect is an independent broadcast and is not endorsed or affiliated with, nor has it been authorised, or otherwise approved by JSE Limited. The views expressed in this programme are solely those of the presenter, and do not necessarily reflect the views of JSE Limited.
...more
26min
April 14, 2016JSE Direct 210: Realistic expectations and success
Realistic expectations and success
Simon Shares
The rand is back where it was when then Finance Minster Nene was fired. So everybody who was lamenting that they missed their chance to get money offshore into USD, here's your second chance.
The NewFunds ILBI (JSE code: NFILBI) is our focus ETF this week. Tracking inflation linked bonds it sounds perfectly boring but actually looks really interesting for a broad ETF portfolio.
Expectations. What are your expectations from your trading and/or investing? Are they reasonable? Are they hurting your ability to create wealth?
We Get Mail
Terrance
I also hold Astoria (JSE code: ARA), I bought @ R15.14- 10% of portfolio already down 6.8% but so also is the rand/dollar, I was wondering on your thoughts regarding its value and comments by Keith Mclachlan as there seems quite a bit of negativity surrounding its value and costs. I bought it for the long term 5-10 years and the purpose 2 fold to invest in other markets and rand hedge. Is this all just hear say and noise?
Everybody
What about putting your emergency cash into your bond?
JSE – The JSE is a registered trademark of the JSE Limited.
JSEDirect is an independent broadcast and is not endorsed or affiliated with, nor has it been authorised, or otherwise approved by JSE Limited. The views expressed in this programme are solely those of the presenter, and do not necessarily reflect the views of JSE Limited.
...more
20min
April 06, 2016JSE Direct 209: Hating on unit trusts
Hating on unit trusts
Simon Shares
SPIVA results for South Africa are out and they track how many active managers fail to beat the index. Truth is that even over 1 year most do NOT beat the index. In short, buy passive or lose money? The PDF of the report is here.
Standard & Poors has downgraded SA's expected GDP for 2016 from 1.6% to 0.8% further cementing the likelihood of a downgrade to junk from the rating agency.
African Bank has relaunched, but this is not the one you have shares in. The suspended ABIL sold off good assets and is left with a giant pile of debt and those left holding ABIL when it was suspended in August 2014 hold worthless shares.
The Satrix Resi (JSE code: STXRES) is our focus ETF this week.
We published our bubble graphic of Top40 individual stock returns for Q1 2016.
Helena Conradie CEO Satrix
Satrix is best known for their Exchange Traded Funds (ETFs) but have in recent years also moved into index tracking unit trusts. The question is why and if unit trusts are still the evil rip off they were back in the day? It is still a case of watch the fees and know what's inside?
We Get Mail
clintvanhere via Twitter
If you withdraw from TFSA, what are the effects on your annual & lifetime limits?
Ryno
Can I trade your lazy system in a tax free savings account ? http://justonelap.com/lazy-trading-system/
Fathima
After attending your seminar for beginners, I invested in ETFs. However yesterday, I watched your video explaining the benefits of TFSA and I need to know if I made a mistake opening an non TFSA account? Should I close that account and open a TFSA, or keep both? I don't want to incur extra costs.
JSE – The JSE is a registered trademark of the JSE Limited.
JSEDirect is an independent broadcast and is not endorsed or affiliated with, nor has it been authorised, or otherwise approved by JSE Limited. The views expressed in this programme are solely those of the presenter, and do not necessarily reflect the views of JSE Limited.
...more
22min
March 30, 2016JSE Direct 208: Is 2016 the test for DIY investors?
Simon Shares
Capitec (JSE code; CPI) results were solid but bad debts are rising. So is their profits but the bad debts are what we're watching at this point in the process.
Momentum portfolio doing as it says on the sticker. Good out performance on down days, modest or under performance on up days. But the gold volatility remains wild.
ZAR X, the first new stock exchange in South Africa in over a century arrives in September.
We review the Swix40 ETF for those wanting an alternative Top40.
Jean Pierre Verster 36One Asset Management
We last spoke to Jean Pierre in January when all was looking ugly, now everything looks all lovely, but is it? And if this is the year that shorting is as important as going long, is this the testing year for DIY investors? We also touch on inflation, commodities and the US economy.
We Get Mail
Ryno
I was reading about hedge funds and came across Ray Dalio. He adheres to the all weather portfolio. Basically he says that its all in asset allocation. -55% bonds -30% shares -7.5% gold -7.5% commodities.
Marion
I understand the idea behind an emergency cash fund. But where do I park it?
Pieter
I have been contemplating opening an offshore account, but have refrained because of our weak currency and my lack of knowledge about international trading. My question is if it is the right time to take money off shore/open an account? Also which ETF's should one be looking at?
JSE – The JSE is a registered trademark of the JSE Limited.
JSEDirect is an independent broadcast and is not endorsed or affiliated with, nor has it been authorised, or otherwise approved by JSE Limited. The views expressed in this programme are solely those of the presenter, and do not necessarily reflect the views of JSE Limited.
...more
27min
March 23, 2016JSE Direct 207: When to sell?
When to sell?
Simon Shares
Yesterday, 23rd March, Just One lap turned five. It's been an awesome ride which we couldn't have down without the support of our users. So you everybody, thanks. A huge thank you.
When to sell? Different answer depending if you are trading or investing.
Great video from Anthony Clark on his top 5 small cap stocks for 2016.
Divtrx ETF for those wanting dividends.
We Get Mail
Tebogo
I was wondering if it would be advisable to liquidate part of my portfolio held in ETF and use funds to buy ETFs in my TFSA and moving forward fill up my R30k allowance before buying equities in my investment portfolio.
Patrick
How often should I rebalance my portfolio?

JSE – The JSE is a registered trademark of the JSE Limited.
JSEDirect is an independent broadcast and is not endorsed or affiliated with, nor has it been authorised, or otherwise approved by JSE Limited. The views expressed in this programme are solely those of the presenter, and do not necessarily reflect the views of JSE Limited.
...more
20min
March 16, 2016JSE Direct 205: Investing in education, AdvTech
Simon Shares
Trading in your personal capacity or using a PTY or Trust? Which is better?
ETF changes. The MidCap ETF is now ASHMID and BBET40 is transferring to Core Shares from Nedbank.
Seriously good interview with Jack Bogle, founder of Vanguard, the issuer of the worlds first indexing mutual fund.
Keith McLachlan Alpha Wealth small/mid cap fund manager
AdvTech (JSE code: ADH) results were really good after years of frankly uninspiring results (Revenue +40%, operating profit+75% & HEPS +27%). Tertiary was especially strong, acquisitions doing very well they finally seem to have found their mojo.
JSE – The JSE is a registered trademark of the JSE Limited.
JSEDirect is an independent broadcast and is not endorsed or affiliated with, nor has it been authorised, or otherwise approved by JSE Limited. The views expressed in this programme are solely those of the presenter, and do not necessarily reflect the views of JSE Limited.
...more
26min

FAQs about JSEDirect with Simon Brown:

How many episodes does JSEDirect with Simon Brown have?

The podcast currently has 554 episodes available.