Archive for December 17th, 2009

It’s been a long year, and it sounds like it. Graeme Korner chats briefly to Lindsay Williams about Thursday’s action, briefly illuminated by the SAFEX futures close… »

Jeremy Gardiner, director at Investec Asset Management, looks back at a turbulent 18 months with a circumspect and realistic eye. He also has a stab at predicting how 2010 will pan out. Plus, his ideas on how the world’s biggest sporting event will be hosted by an expectant and increasingly excited South Africa. Jeremy is… »

Johannesburg, Dec 17 (I-Net Bridge) - The up-tick in inflation at the factory gate in November was largely due to base effects, with this turnaround indicative of a shock to come in May and June as even lower bases start to pull the number higher technically and unprecedented energy price increases feed… »

Jeremy Gardiner, director at Investec Asset Management, looks back on a turbulent eighteen months and sets out what we can expect from 2010
What a difference a year makes. This time last year, there was nothing festive about the festive season. Markets had collapsed and looked like they wanted to fall further, economic news was deteriorating… »

ANNABEL BISHOP, economist at Investec
“Prices at the factory gate continued to deflate, falling by 1.2% y/y (-3.3% y/y previously). This is the sixth successive y/y decline. On the month producer prices rose by 0.8%, from October’s -0.1% m/m.
“The recent figures continue the general moderation in the CPI and PPI experienced this year, but are unlikely… »

Johannesburg, Dec 17 (I-Net Bridge) - South Africa’s producer price index (PPI) registered deflation of -1.2% year-on-year (y/y) in November from -3.3% y/y in October, Statistics South Africa (Stats SA) data on Thursday showed.
The PPI increased 0.8% on a monthly basis after October’s monthly decrease of 0.1%.
The PPI was expected to have… »

TeleMasters FY HEPS 36.56 cents vs 33.33 cents
Johannesburg, Dec 17 (I-Net Bridge) - AltX listed tele-management group TeleMasters (TLM) on Thursday reported headline earnings per share of 36.56 cents for the year ended September 30, from 33.33 cents previously.
Earnings per share were up by 2.82%, to 34.29 cents, while revenue increased 29.19%, to 232.2 million… »

    Johannesburg, Dec 17 (I-Net Bridge) - Sanlam Private Investments on Thursday noted the good run by local and global stock exchanges in the second half of 2009, however it cautioned that a repeat performance in 2010 was unlikely.
    According to Alwyn van der Merwe, director of Investments at Sanlam Private Investments (SPI), the local… »

Johannesburg, Dec 17 (I-Net Bridge) - The South African rand was softer in the morning session on Thursday amid a surging dollar and a sliding euro. However a trader a noted that the local currency would look to firm against the greenback during the course of the day, in line with a… »

Johannesburg, Dec 17 (I-Net Bridge) - The JSE said Thursday that Pinnacle Point Group (PNG) has failed to submit its interim report within the three-month period stipulated in the JSE’s Listings Requirements.
Accordingly, Pinnacle’s listing on the JSE TRADELECT system has been annotated with an “RE” to indicate that the company has failed… »