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Question two of that report is one I agree with - "2. Do Capitec believe extending new loans to consumers who were only one day prior in arrears is both socially and financially sustainable?"
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Viceroy’s open letter to Capitec is now live $CPI #JSE https://viceroyresearch.org/2018/02/20/v...o-capitec/
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Hopefully L4L will shine before Friday - if we can end the week in green then I will be happy.
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Sadly, it's not green. As usual, only STXQUA is up. Everything else is down again... :-(
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When is the Budget speech and is Gigaba fired yet?
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Hoping for a green JSE today
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good riddance
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Zuma: "It has been an honour that I will cherish for as long as I live. The ANC should never be divided in my name and so I have come to the decision to resign with immediate effect"
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SABC livestream of Zuma addressing the nation is here: https://youtu.be/gEjmjfopPWo #Zuma #ZumaResigns
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Presidency just issued a statement saying no media briefing will be held by JZ today & no official communication has been made by presidency on the matter.
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Zuma responding to the decision by the ANC NEC to recall him at the Union Buildings at 10am.
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The decision to recall Jacob Zuma was made after "constructive" discussions regarding the timeline of #Zuma's exit did not lead to a consensus #ANCNEC #Zuma
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Nope
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Who of you guys have used EasyEquitie's US platform yet?
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I read a report today that said the symptoms of this stock market crash were the same as those before the great crash of 2008. So what do you think? Is this a correction or the start of a crash?
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thought the DB chin was popular see the best bid/offer is R68/R75 (MM I guess, but thats a huge spread!) - but next offer is R250
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I agree that volume might be a problem, as ETFs are tiny compared to unit trusts. I was having a look at DBChina ETN recently and somethimes there's one trade in five days. Last week the share price was roughly 8000c and then somebody bought one share at 45,000c giving a % fluctuation in share price in 1 day. And then somebody sells 5 shares and the price drops to 7500c. Crazy!
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I'm pretty sure it will go the same way as unit trusts eventually (I think there are over 1500 in SA now?)

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