Is ArcelorMittal recovering?
Good afternoon {{first_name}},
Let me begin by apologising for the website (again). If you are trying to access the website from outside of South Africa, then you might be getting caught by our temporary IP blockers.
It will be sorted soon, I promise. Bear with me.
In the second Ghost Bites for today, I deal with the mining and industrial names that released important updates yesterday. This means Anglo American (and therefore De Beers!), along with ArcelorMittal, Gemfields and Mondi.
The quarterly earnings momentum at ArcelorMittal may give you a pleasant surprise…
Please note that I’ve left a few of the UK based names for the next edition of Ghost Bites on Monday. This includes Hammerson, Primary Health Properties and Shaftesbury.
There’s other new stuff as well:
Investec No Ordinary Wednesday brings you a podcast on the AI sector. Specifically, they discuss feedback from technology conferences in Boston and San Francisco. Check it out here.
For something closer to home, the latest Magic Markets podcast combines a macro view (after the SARB’s decision to keep rates steady) with a company lens on Cashbuild and Mr Price. The goal? To understand the extent of consumer fragility in South Africa.
The team from DealMakers has provided the usual assortment of summaries to take us into the weekend. This includes South African M&A, South African corporate finance and deals in Africa.
It’s been a very tough week for a number of reasons. I’m thrilled to have the weekend in sight.
We will see you on Sunday for Weekender!
Ghost Bites - making sense of SENS
The second of today’s Ghost Bites focuses on mining and industrial stocks that released important updates yesterday.
At Anglo American, the De Beers story continues to fascinate me
ArcelorMittal is “fundamentally different” – but when will the profits come?
Gemfields is being carried by emeralds
Mondi suffers an ugly drop in margins
More ways to learn and grow
Investec No Ordinary Wednesday
After attending two of the world's biggest technology conferences in Boston and San Francisco, Investec global equity analysts David Smith and Zane Bezuidenhout unpack what they learned.
The real risk is playing it safe
Markets are wildly volatile things. But if you have the strength to look through those swings, there’s a bigger risk to be scared of: inflation. And history has taught us what the best protection against inflation is.
