Graphs talk – Nedbank

[:en] Nedbank is the fifth largest bank in South Africa according to market capitalization (R44bn). Their financial results for the period ending December 2019 reported the following: headline earnings down 7.3%, revenue up 2.5% and net asset value per share increased by 3.7%. The stochastic indicator is oversold which makes the probability for a bounce […]

Graphs talk – NEWUSD

[:en]This ETF gives you exposure to the Rand against the American dollar. A profit in this ETF is when the Rand weakens against the dollar. The stochastic indicator confirms the oversold position of the Rand, which makes the probability for more weakness more likely. This ETF was caught within a symmetrical triangle and above line […]

Graphs talk – Shoprite 7 May 2020

[:en] Shoprite is the largest supermarket retailer on the African continent. Their latest quarterly update for the period ending in September 2019 reported the following: turnover increased by 7.3%, Supermarkets RSA grew sales by 10.3% during the quarter. The Group’s other operating segments, which include the OK Franchise, Computicket, MediRite pharmacies and Checkers Food Services, […]

Two healthy businesses

[:en]Literally. Both Clicks Group and Dis-Chem has shown exponential good growth since listing on the JSE. For Clicks the big year was 1996 and for Dis-Chem it was in November 2016. Clicks Group consists of several market-leading retail brands, namely GNC, The Body Shop, Claire’s, Musica and Clicks. It has more than 870 stores across […]