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23 December 2011 12:00

What shares to buy with the Xmas Bonus?

Alec Hogg responds to a reader’s query.

Robert K writes via email:

Hi Alec,

Big fan of the show and have missed my daily dose of SAfm Market Update the last few days 

I am e-mailing for a bit of investment advice if you don’t mind.

I am wanting [sic] to invest my bonus in some share but I am not 100% sure where to find value at the moment.

I already have MPC, Curro (which has done well for me), Steinhoff and Old Mutual as well as Satrix Top 40 and Stanlib unit trusts.

Are there any shares you would recommend? I have been looking at AGL [Anglo American] but they are very expensive although I do see value there.

Thanks in advance and have a wonderful christmas [sic] and new years 

*******

Hi Robert

Thanks for the support...

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07 November 2011 08:26

Barlows returns to the house that “Punch” built

The group’s decision to return to its roots is paying off. In a big way.

MOOI RIVER - A trading statement on Friday from heavy equipment group Barloworld confirms its return to rude health. Anytime you see a profit number more than doubling, commentary like “trading results were ahead of expectation” shouldn’t surprise. But what I like about these numbers is how the group’s decision to return to its roots is paying off. In a big way.

Barloworld started life as Thos. Barlow and Sons in 1902 as a Durban-based company founded by Major “Billy” Barlow.

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05 November 2011 09:22

Is Barloworld overpriced?

The shares aren't cheap, but there could be upside. (PODCAST)

- DOWNLOAD THIS INTERVIEW

ALEC HOGG: It’s Friday November 4 2011 and in this Boardroom Talk special podcast, Sarah-Jane Alexander, the co-manager of the Coronation Industrial Unit Trust, joins us on a day when Barloworld (JSE:BAW) released what looks, on the face of it, spectacular results. But I guess, Sarah-Jane, if you go back to the half year, their headline earnings were up 255%, so to see the...

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04 November 2011 07:34

Afrimat – blue chip of the aggregates listings

Share price trading at a slight discount to a conservative net asset value.

MOOI RIVER - Even though it was four years ago, I remember it clearly. We were talking about Afrimat’s maiden results as a JSE-listed company and CEO Andries van Heerden wouldn’t be swayed. His company, he insisted, would be around long after many of the other aggregates businesses then flooding the JSE were long gone. He wasn’t in it for the short term. Maybe, he suggested, a number of the other newcomers were; taking advantage of the juicy premiums investors then gave the sector.

I reminded him on Thursday of that chat while we were discussing Afrimat’s financial results for the half year to end August.

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01 November 2011 12:20

AECI’s hidden asset

It is turning its massive property portfolio into a money spinner and riding the African wave.

MOOI RIVER - Spending three decades around JSE-listed companies can be good and bad. Good, because there’s nothing to beat institutional memory of a business culture. But bad because when there is a change in culture, it often takes time to recognise it.

My memories of AECI go back to lunches and press conferences at its Carlton Centre offices with the gregarious CEO Ted Smale and, thereafter, spending hours trying to understand the strategy explained by the cerebral Neil Axelson.

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