Daily Market Blog: Value. Stuck on the bid. Good luck with that.

04-MAR-15

"So let us rewind. 5 years ago, SABMiller was trading at an average price through the year of 190 odd Rand, earnings per share for the year were just over 9 Rand a share, hardly a bargain at 22 times earnings. Fast forward to last year, 2014, where the stock traded at an average price of 500 Rand a share on earnings per share of 21.45 Rand, again an average rating of 24 times earnings, ten percent more expensive than 5 years prior."






To market, to market to buy a fat pig. Thanks y'all for the support last evening on the SSO final, close but no cigar for me. I was just grateful for the opportunity in the end, thanks to everyone. My problems pale into insignificance, the fires in the Cape, although part of mother nature and part of a cycle do little for the residents immediate concerns, we are all thinking of those impacted and wish them well.

Cape Town was the hottest city in the world yesterday as the mother city clocked the hottest day in 100 years according to the records. The low to mid forties, that temperature is nuts! In celcius of course, convert that to Fahrenheit and you are pushing somewhere around 110. I guess the damage could have been far more severe if it had been closer to buildings and more densely populated areas.

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Stocks which we currently recommend

Amazon.com is the world's leading online retailer.

Apple is global leader in tablet and smartphone technology.

Aspen is a rising global star in generic pharmaceuticals.

BHP Billiton is the world's largest industrial commodity mining company.

Bidvest is a diversified services company, which may re-organise its portfolio.

Cerner provides IT solutions in the healthcare industry.

City Lodge is a growing mid-priced hotel group in urban areas of SA.

Discovery is a healthcare services administrator and life insurer.

Facebook is a dominant social media platform provider.

Famous Brands is SA's largest quick-service restaurant group.

General Electric is a diversified investment holding company.

Google is the world's biggest search engine and online advertising platform.

Johnson & Johnson is the largest consumer healthcare and pharma company.

L'Oreal is a world leader in the manufacturing and sale of beauty products.

Luxottica is the world's largest branded sunglass maker and retailer.

MTN Group is an emerging markets mobile telecoms giant.

Massmart is a big-box discount retailer in Africa, now 51% owned by Wal-Mart.

Mediclinic owns hospitals in SA, the UAE and Switzerland.

Naspers is an in emerging markets company focussed on digital TV & Internet.

Nike is a global designer and retailer of sporting equipment.

Omnia is a fertiliser and explosives producer.

Richemont is a luxury brands company expanding in Asia.

Sasol is a global player in chemicals and fuels technology.

Starbucks is a roaster, marketer and retailer of coffee.

Stryker makes hip and knee joint replacements and hospital beds.

Tiger Brands is a basic and branded food producer, expanding through Africa.

Visa is a global payments technology company.

Woolworths is SA's leading organic food retailer & clothing business.

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