Everand Logo

Welcome to Everand!

  • Finweek - English

    Simon’s stock tips

    May 28, 2021 5 minutes
    By Simon Brown

    ASTRAL

    Maize prices impacting margins

    Astral’s results for the six months ending March saw revenue up 7% but headline earnings per share (HEPS) was off 37%. They did reinstate a dividend of 300c per share, but high input prices for maize erode margins. The stock has run a bit this year but remains well off the almost R350 level from early 2018. For investors it’s waiting for local maize prices to move lower to the ideal zone just above R2 000 per tonne. At that point Astral prints money, but I don’t see maize falling significantly for this season, so we’ll have to wait for the next planting season.

    PICK N PAY

    Pharmacy deal good for profits

    The announcement that Pick n Pay will sell their 25 in-store pharmacies to Clicks

    You’re reading a preview, subscribe to read more.

    More from Finweek - English

    Finweek - English3 min read
    Keep On Keeping It Simple
    recently I had a Covid-19-compliant coffee with some investors who’d started investing around ten years ago. We were chatting about stocks, market crashes and the like but then the conversation took an interesting turn. I asked what they believed to
    Finweek - English3 min readFinance & Money Management
    Is It Worth Risking A Little More?
    in fixed income, the potential for returns – in the form of coupon payments and capital gains – is captured by the bond yield (which is the coupon amount or price). A high yield signifies a high potential return. A high potential return generally com
    Finweek - English3 min read
    Weighing In Against World Stock Market Challenges
    it goes without saying that the current state of the world, both globally and domestically, is pretty troubled, but the good news is the mutual fund industry has fared exceptionally well during the past decade in spite of market turbulence, noise and

    Related Books & Audiobooks