The Real Network The Money Shot

The Money Shot

Find out where the money’s going, who’s got the money, how you can make more of the money and who’s making decisions about the money. Every Monday on The Gareth Cliff Show we get an update on what’s happening in the world of finance from various experts in the field.
Weekly English South Africa Business · Investing
228 Episodes
132 – 152

Bulls & Strong Financials

Market update: It’s been an exceptional week; the bulls were out with a vengeance – the market was up 5 consecutive days in a row. Friday saw the Rand rally briefly below 13 against the US dollar as news broke of the mining charter being suspended. Despite the stronger Rand,…
17 Jul 2017 12 min

Market Updates & Metal Reactions

The Rand is still weak and volumes low. The All Share Index was down ¾% on Friday. Global markets are nervous as Central Banks talk about tapering. The JSE announces details of their cost optimisation plans. Flash crash in Silver on Friday and a halt in trading, is only one…
10 Jul 2017 12 min

The Rand, SAA Bailout & Nike

Market update: overall the JSE closed ½% higher on Friday which means for the month we are “only” 2.5% down. The Rand had a complete blowout on Friday afternoon: was it that a date has been set for the vote of no confidence or that Reuters reported that Gigaba said…
3 Jul 2017 16 min

Naspers, Astral Foods & eTV

The Market finally had a positive day, lifted by macro-economic data and Naspers. Oil continues to fall. Naspers released full financial results, sending the share 2.6% higher. Astral Foods bounced just over a percent after falling 6% the previous day on the back of news of avian flu on one…
26 Jun 2017 12 min

The Mining Charter

The main focus of Thursday was the Mining Charter, which weighed on resources and our market in general. The All Share Index was down 1.3%. It was a huge day on the market thanks to Derivatives Close-Out; $5.4bn (R69.5bn) traded. Naspers released a trading statement, core headline earnings per share…
19 Jun 2017 9 min

Global Markets & Downgrades

Despite falling into recession, Moody’s decided to downgrade SA by only one notch, leaving us at investment grade. But that does not mean we can relax, there is nothing stopping them from downgrading us again in a couple of months (weeks if we do something stupid). Our local market managed…
12 Jun 2017 14 min

Ratings, PPC & US jobs

Fitch kept our rating unchanged, which sent the Rand to 12.80 vs the US Dollar and weighed on our market. For the week the local market fell 2.2% despite a flat to slightly positive close. PPC put out a trading update which led us to talk about other companies that…
5 Jun 2017 10 min

Anthea Gardner - The Money Shot 29.5.17

The local market closed flat to negative, which was pretty much the picture across the globe. The Foschini Group are venturing into Australia, announcing that they bought Retail Apparel Group for AUD302.5m. Steinhoff announced they’re buying a majority stake in Sherwood Bedding. TigerBrands reported results and Massmart put out a…
29 May 2017 13 min

Anthea Gardner - The Money Shot 22.5.17

Markets holding up well despite global geopolitical concerns (especially in Emerging Markets). SNH up 9.5% in two days post the announcement of a spin-off of the African assets. Tongaat, Nedbank, Dis-Chem and Investec all reported. We discuss the fall of Stuttafords.
22 May 2017 11 min

Anthea Gardner - The Money Shot 15.5.17

Our market ended lower on Friday, but higher for the week (Naspers closed over R2700 per share). Richemont reported results. Life Healthcare and Telkom put out a trading update. Europe ended the week stronger as Germany released GDP growth numbers. In the US earnings reporting season is now 91% complete…
15 May 2017 8 min

Anthea Gardner - The Money Shot 8.5.17

Commodities are still volatile with oil now trading at levels before the big OPEC agreement to cut production last year. The Rand is slightly weaker and market slightly stronger. Net1 UEPS (the holding company for Cash Paymaster Services, the company embroiled in the SASSA grants saga) reported on Friday. US…
8 May 2017 9 min

Anthea Gardner - The Money Shot 24.4.17

The global asset prices are still under pressure, with oil now trading closer to $50/bbl – is the trump trade faltering? Pioneer food group put out a trading statement on Friday and the share fell 4½% - is this a sign of things to come for the SA consumer? Recently…
24 Apr 2017 13 min

Anthea Gardner - The Money Shot 10.4.17

Global markets are still nervous with all the attacks (Syria, Sweden and now Egypt). Our local market spent most of the day in negative territory, but was relatively busy considering the marches. Datatec closed the day 7% higher after announcing that they are selling Westcon-Comstar. Capital & Counties was also…
10 Apr 2017 12 min

Anthea Gardner - The Money Shot 3.4.17

As Friday’s market traded on the cabinet reshuffle, it looks like there was a lot of repositioning of portfolios both selling and opportunistic buying as $2.9bn was traded. The market was tough, so much so that the JSE reported technical difficulties as shares went into volatility auction. Amongst the chaos,…
3 Apr 2017 14 min

Anthea Gardner - The Money Shot 27.3.17

The global markets remain cautious. We discuss Advtech's results, Capitec buying an international online lender, Anthea has found an interesting Nasdaq-listed tech company Impinj that looks attractive, and things are looking a bit nervy for Nike.
27 Mar 2017 14 min

Anthea Gardner - The Money Shot 23.3.17

We catch up with Charles Pettit, CEO of Stellar Capital, to hear what plans he has for the listed investment holding company. Gareth and Anthea want to know if they should still be holding onto their SCP shares, and which part of the business he would like to see the…
23 Mar 2017 13 min

Anthea Gardner - The Money Shot 20.3.17

Another big day on the market on Friday - $2.3bn traded, but markets consolidated and the All Share gave back half a percent. Remgro reported a disappointing set of interim results. We also speak about US Activist shareholder, Bill Ackman, who crystallised a $2.8bn loss on the sale of Valeant.
20 Mar 2017 12 min

Anthea Gardner - The Money Shot 13.3.17

The markets bounced on Friday despite the stronger Rand. Anthea takes an in-depth look at Aspen Pharma and gives us a view on the Tongaat trading update. US non-farm payrolls came in at 235k vs market expectations of 200k - and Trump has taken credit even though during his campaign…
13 Mar 2017 13 min

Anthea Gardner - The Money Shot 6.3.17

Have you heard of Animal Spirits? US markets continue higher while our market takes a breather. We speculate on the outcome of the China Political Consultative Conference. What the Rand is so strong despite a muted SA PMI number; and we take a look at results from Choppies, Growthpoint, Brimstone…
5 Mar 2017 12 min
132 – 152