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
192 – 212

Anthea Gardner - The Money Shot 09.05.16

Normally a weaker Rand protects us from falling markets, but not even a 5% decline in the Rand for the week could save the equity market. Anthea has the latest for you including bringing a new look at her Rand Hedge strategy and why she deems Barclays her stand out…
9 May 2016 19 min

Anthea Gardner - The Money Shot 25.04.16

Markets are volatile and seemingly sentiment driven. Steinhoff is getting into bidding wars for European businesses. Lewis might have to pay back money to consumers after being referred to the Consumer Tribunal. Also, did our Big Short work?
25 Apr 2016 12 min

Anthea Gardner - The Money Shot 18.04.16

Markets were strong on Friday, led by Industrials (+92bps), despite resources down 88bps. Lots of activity in the ICT sector, EOH have purchased Aptronix for R194m, and on the downside Dimension Data have brought an application to the high court naming 13 ICT providers.
18 Apr 2016 15 min

Anthea Gardner - The Money Shot 11.04.16

A good day on the exchange on Friday as almost all equity indices and the Rand showed signs of strength. Rand reached 15.01 after Treasury issued a 10yr maturity Dollar bond, which was 2x oversubscribed at 4.875%. Illovo sugar was up over 15% after Assoc British Foods raised their bid…
11 Apr 2016 17 min

Anthea Gardner - The Money Shot 04.04.16

The Rand has held its own, after the ConCourt decision, now trading close to pre-Nene levels. African Bank “re-launches” today with a cash position of R24bn. US non-farm payrolls surprised to the upside, printing 215k vs an expected 205k new jobs in March. If you’re a holder of Torre shares,…
4 Apr 2016 20 min

Anthea Gardner – The Money Shot 21.03.16

Last week saw the JSE close strong after Futures and Options Close-out and the rate hike decision. $2.6bn was traded on Friday, after $4bn worth of shares changed hands on Thursday. Anthea and Gareth discuss the role of rating agencies and question the hype surrounding SA’s potential downgrade. On Friday…
21 Mar 2016 13 min

Anthea Gardner – The Money Shot 14.03.16

Buy on rumour, sell on fact... Old Mutual was up almost 12% since the rumour of them splitting up the business and down 3% on Friday after the results presentation. EOH reported results last week and remains a holding in our portfolio. Rand Merchant Insurance also released results showing that…
14 Mar 2016 19 min

Anthea Gardner – The Money Shot 07.03.16

The ALSI was up 7 straight days in a row on Friday, making the weekly gain 5.6% led by resource shares which were up 35% for the week. Talk of Old Mutual breaking up into four separate pieces will be confirmed at results on 11 March. We start the week…
6 Mar 2016 18 min

Anthea Gardner – The Money Shot 29.02.16

Having a decent run and now trading in the green for the year after Friday’s 2.2% bounce, are resources at the bottom of the cycle? Y-t-D Anglo American up 53%, Sibanye Gold up 128% and Amplest +84%. Warren Buffet released his annual letter to shareholders on Saturday, mostly defending his…
28 Feb 2016 16 min

Anthea Gardner – The Money Shot 22.02.16

MTN fell 18% on Friday after saying that HEPS (Headline Earnings Per Share) would decline by 20% versus consensus 13%. Swiss watch exports fell 8.1% in January, and HYT said they had not sold a single watch at an outlet in Paris since the attacks last year. They’re also seeing…
21 Feb 2016 21 min

Anthea Gardner – The Money Shot 15.02.16

Despite the stronger Rand, resources bounce >5% on Friday with Arcelor Mittal (ACL) spiking 24%. ACL released full year results on Friday, saying that steel sales were down 11% for the year and they printed a headline loss of R5.3bn. Pioneer foods released a trading update saying that gap T/O…
14 Feb 2016 16 min

Anthea Gardner – The Money Shot 08.02.16

JSE was up 36bps on Friday, despite global markets falling on the back of US non-farm payrolls number disappointing (151,000 jobs were created vs expected 190,000) Nene resigned in December, but it was only made official on Friday evening. African Bank is given B+ status (four notches below junk status),…
7 Feb 2016 21 min

Anthea Gardner – The Money Shot 01.02.16

Markets here, Share Indexes there, recession and trends all can get a little confusing. Anthea Gardner joins Gareth Cliff and his team to talk you through where you money is best positioned to grow. Taking the confusion out of financial talk, Anthea simplifies what you need to know, leaving all…
31 Jan 2016 12 min

Anthea Gardner – The Money Shot 25.01.16

Markets had a strong 3.4% bounce on Friday, with resources up 5% but gold lagging. Since 4th Nov the Alsi is down 13%, is this a bear market or just a correction? SARB warned asset managers that they had breached the prudential offshore allocation limit, how is this good for…
24 Jan 2016 20 min

Sarah Shaw – The Money Shot 18.01.16

Sarah Shaw stands in for Anthea Gardner and discusses Mr Price's disappointing set of results, the constrained consumer is coming through in the majority of the SA retailer's numbers. AB InBev listed on on the JSE recently and is one of the biggest inward listings to date, with a market…
17 Jan 2016 11 min

Sarah Shaw – The Money Shot 11.01.15

Sarah Shaw discusses the volatile Rand trading session experience in Singapore on Sunday night, where we saw a 9% drop in the Rand against the US Dollar. She also breaks down what a “currency peg” is, and how it affects the economy. The current drought faced by our country is…
10 Jan 2016 12 min

Anthea Gardner – The Money Shot 21.12.15

Friday saw a retracement of Thursday's gains and Lonmin did a 98:1 share consolidation, but the share was still lower. ISIS pharmaceuticals changed their name to Ionis Pharma on the Nasdaq, and Disney broke previous box office records. Anthea considers Bitcoin to be an innovation, not a currency; and a…
20 Dec 2015 18 min

Anthea Gardner – The Money Shot 14.12.15

Watching the Rand with bated breath as President Zuma reappoints Pravin Gordhan to the position of Finance Minister... good news, because he is the man who steered us through the first recession in 17 years. The Rand has strengthened a bit this morning, but long term, Anthea says it is…
13 Dec 2015 25 min

Anthea Gardner – The Money Shot 07.12.15

The Top40 had the worst week in four years last week as a perfect storm formed: Fitch downgraded SA inc. to BBB-, the Rand traded down to 14.37 vs US Dollar and 15.61 against the Euro.The average wage is R16,796 vs the record low of R6,742 in 2005; while productivity…
6 Dec 2015 18 min

Anthea Gardner – The Money Shot 30.11.15

Black Friday wasn't nearly as big as everyone thought it was going to be. US retail sales were only $12.1bn vs last year's $12.3bn. The Alsi (-1.13%) was dragged down by Naspers which fell 3.7% after reporting results and announcing that they were doing a capital raise $2.5bn and expanding…
29 Nov 2015 17 min
192 – 212