Last week Richemont (CFR:JSE) announced its joint venture with Alibaba. An opportunity for mass distribution like this could see Richemont’s sales soar over the coming years. Especially into China where
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When the market opens today it will officially be in a bear market as the JSE extends the recent sell-off on overnight weakness offshore. Most of this sell-off has been
The week ahead: Local Data: Medium Term Budget, CPI (24/10); PPI (25/10) Results Due: CGR, CMH, PIK, PSG (16/10); ACS, DCP (17/10); DTC, SPA, SEA (18/10); PSV (19/10) LDT (16/10):
Volatility provides buying opportunities, as investors panic sell and then buy after the inch higher. Investors were complacent leading up to last week due to low amounts of volatility experienced
We bought into Dischem back in May at R30.50 and added to it in July at R28.00 banking us 12.5% when we closed it at our trailed stop loss.
While October was the month we had Black Tuesday in 1929, Black Monday in1987 and a big sell off in October 2008 post Lehman’s collapse, it generally ends the month