The Sharenet Daily 
Friday, 18 March 2011 - 20:00
Sharenet is pleased to announce the launch of our new publication, The Sharenet Daily. We have built on the success of our Daily Equity Report, while adding more content and helpful information. The result is a publication that gives readers a quick, easy to read and informative synopsis of market activity, company results and news on the JSE for the day, as well as an overview of what transpired on important overseas markets.

The Sharenet Daily includes helpful charts that give a graphical impression of events, and our news content is sourced from a number of contributors, including Reuters. In addition, Sharenet's popular price information is available in our Spot Price format which provides a snapshot of the JSE and world indices, currencies and commodities.

All the JSE trading statistics; major movers; latest dividends; upcoming AGM dates and more are provided to insure that you keep abreast of market developments. The Sharenet Daily is published at 8pm each day on the website and also distributed via email for your convenience. As always, we welcome your comments, feedback and suggestions at support@sharenet.co.za
 
Charts
News
Top News
Markets
SA Business
Company News
Company Results
World Markets
JSE Today
JSE Trading Statistics
Major Moves
Spot Prices
Index Summary
Latest Consensus Changes / Results Expected
Recent Dividends / Ex Div
Upcoming AGMs
Stock Exchange News Service (SENS)
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Charts
 
Green shoots

As of yesterday, which liquid (actively traded) JSE shares with reasonable valuations (according to P/E, P/Book) had fallen at least 10% in this last correction and were now making new 1-week highs (5-day breakouts), and had just (within last 3 days) crossed their 5-day and 10-day moving averages? Our clients answered this question yesterday morning with two mouse clicks to reveal the below interesting basket of diversified shares:

LEWIS is interesting for patient investors as it is trading at 16% discount ("HI" column) to its last high and (you cant see on this chart due to width restrictions of the picture) it has a "D" in its CONSISTENCY column since it is a consistant dividend payer, having posted ever-increasing uninterrupted dividends of 19% per annum growth for the last 5 years (10 reporting periods). One could argue its current 4.9% yield is almost "in the bag" so to speak. It is one thing buying good shares at discounted prices, but it is even better if they have solid dividends and/or earnings-per-share growth records.

We track the earnings per share (EPS, Revenue, and dividends-per-share (DPS)growth track records of each JSE share going back 11 years and that group of shares that have shown at least 5 years dividend or earnings (or both) growth consistancy as a group, outperform the index comfortably for both capital appreciation and dividends. As you can see from the above list as but one exmaple, these desirable characteristics are not necessarily the domain of large-cap shares only.

If this style of intelligent share selection interests you then look at our demo videos over here.

Dwaine van Vuuren
MD, Powerstocks Equity Research
www.powerstocks.co.za

Fri, 18 Mar 2011
Top News
[IMAGE]
In 2010 revenue of R868.8 million is reported compared to R976.3 million in 2009, a reduction of 11%. Operating profit dropped by 21% to R102.6 million (R129.5 million). Net attributable profit declined by 30.8% to R69.4 million (R100.2 million). In addition, headline earnings per share fell  Full story
[IMAGE]
South Africa's rand gained more than 1.2 percent against the dollar in early Friday trade as news of a planned intervention by the Group of Seven to stem a sharp rally in the Japanese yen buoyed risky assets.  Full story
Global stocks rose on Friday after a Libya ceasefire reduced tension in the region and the Group of Seven intervened to break the yen's rise, calming markets.  Full story
Muammar Gaddafi's government said it was declaring a unilateral cease-fire in its offensive to crush Libya's revolt, as Western warplanes prepared to attack his forces.  Full story
Gold rose for a third straight day on Friday after a unilateral cease-fire declared by Libyan leader Muammar Gaddafi failed to calm investor nerves as political tensions heightened across the Arab world.  Full story
 
Markets
U.S. stocks advanced on Friday after the Group of Seven intervened to support the Japanese yen and major banks were cleared to pay. . .  Full story
Britain's top share index extended gains on Friday from a technically oversold position as intervention by G7 countries to stabilise the yen boosted sentiment.. . .  Full story
European shares gained on Friday after the Group of Seven nations' intervention to curb a rise in the yen helped reassure financial markets. . .  Full story
Japanese shares jumped nearly 3 percent and the yen tumbled on Friday after the Group of Seven agreed on joint intervention to curb. . .  Full story
Gold rose more than half a percent on Friday after Asian equities advanced and crude oil firmed on rising tensions in the Middle. . .  Full story
China's main stock index closed up 0.3 percent on Friday, led by index heavyweights such as PetroChina Co Ltd, after it posted a. . .  Full story
Australian shares rose 1.6 percent on Friday, their biggest daily gain in 3-1/2 months, supported by sharply higher base metals prices and an. . .  Full story
Japan's Nikkei average is seen moving in and out of positive territory in volatile trade on Friday, with the focus on attempts to. . .  Full story
South Africa's government, which has repeatedly bemoaned the strength of the rand, is probably hoping the currency won't extend this week's Japan-related slide as this would stoke inflation at a time. . .  Full story
Political risk will be in sharp focus as investors grapple with how to value giant commodities trader Glencore, but it's unlikely to be the biggest problem facing the potential flotation.. . .  Full story
Canadian gold and uranium producer First Uranium Corp said on Friday it has resumed underground operations at its Ezulwini gold mine in South Africa.. . .  Full story
Company News
Shareholders are informed that Mvelaphanda's total intrinsic NAV ("iNAV") as at 31 December 2010 is R3.84 per share and not R3.63. . .  Full story
Shareholders were advised that the annual financial statements have been distributed to shareholders today, 18 March 2011, and contain no modifications. . .  Full story
Pick n Pay Stores Ltd listed a domestic medium term note programme on the Interest Rate Market of the JSE Pick. . .  Full story
The board would like to advise shareholders that compared to the previous year: Headline earnings per share is expected to improve. . .  Full story
Shareholders are referred to the SENS announcement dated 9 March 2011 setting out the details of the disposal of certain intellectual. . .  Full story
Shareholders were referred to the announcement, dated 4 February 2011, and are advised to continue to exercise caution when dealing in. . .  Full story
Finweek reported that just as Discovery's UK health insurance venture looks to be turning a corner it could suffer as the. . .  Full story
We draw attention to the following news release issued by Textainer Group Holdings Ltd, in which Trencor has a 61,2% interest:. . .  Full story
Company Results
Revenue increased by 14.7% to R1.4 billion (R1.3 billion) and the improvement in gross profit margin to 62.1% can be attributed. . .  Full story
Revenue of R1 886 million for the six-month period ended 31 December 2010 was 1.2% down on the prior year (2009:R1. . .  Full story
Revenue remained stable at R2 211 million compared to R2 229 million in 2009. Operating profit decreased to R577 million (2009:. . .  Full story
Revenue for the interim period ended January 2011 was lower at R199 million (2010: R220 million). Profit from operations for the. . .  Full story
World Markets
NameTimeRPMove% Move
JSE Overall17:0230677.08-41.47-0.13%
JSE Top 4017:0027612.91-47.92-0.17%
JSE Gold17:002583.58-.30-0.01%
JSE Financial17:0020495.12-81.17-0.39%
JSE Industrial17:0230222.27-155.92-0.51%
JSE Indust 2517:0025227.11-186.35-0.73%
JSE Resource17:0055201.44197.770.36%
DJ Futures19:4011825.00114.000.97%
DJ Ind19:3511876.91102.320.87%
SP 50020:001283.059.330.73%
Nasdaq20:002654.0818.030.68%
FTSE 10018:355718.1322.020.39%
DAX19:006664.407.520.11%
CAC4018:463810.2239.711.05%
Nikkei08:269206.75244.082.72%
Shanghai09:262909.4012.100.42%
Hang-Seng10:2222300.2315.800.07%
All Ords07:354715.8077.401.67%
NZSE 5006:323339.519.920.30%
NameTimeRPMove% Move
Gold19:581416.9312.840.91%
Gold/Rand20:009915.96-48.86-0.49%
Gold/R kg20:00318798-1507-0.47%
Silver19:5835.0800.84502.47%
Platinum19:551716.5018.251.07%
Palladium19:54729.0024.253.44%
R15717:067.88-.02-0.25%
R20417:068.68-.02-0.23%
Brent Crude19:56113.61-.25-0.22%
Rand / Dollar19:546.9982-0.0993-1.40%
Rand / Pound19:5511.3341-0.1190-1.04%
Rand / Euro19:559.9160-0.0571-0.57%
Rand / NZD19:545.11790.01030.20%
Rand / AUD19:556.9808-0.0017-0.02%
Yen / Dollar19:5880.92001.85002.34%
Euro / Dollar19:550.7055-0.0075-1.05%
Dollar / Euro19:581.41650.01481.06%
Pound / Dollar19:550.6156-0.0036-0.58%

Click here for the Sharenet Spot Price page
The JSE Today
 Trading Statistics
DateAdv.Decl.Unch.ActivesVolumeValueTradesOrders
18/03/201114918178408305,509,186R13,710,921,2131008922437383
17/03/201117415773404319,918,627R16,816,586,0651610342416153
16/03/20112409673409343,371,371R15,949,566,0781447972358292
15/03/20116632250438351,878,636R15,762,386,2051453132606748
14/03/201111220875395233,721,763R10,948,948,910988652213970
Major Moves Up
SharenameSaleMove% MoveVolume
1 MIXTEL  1191413.33.%251291
2 SABVEST  95010011.76.%3483
3 WILDRNESS  450409.76.%2500
4 CLOVER  1145908.53.%96278
5 PBT  130108.33.%2000
6 STEFSTOCK  1120706.67.%12850
7 SACOIL  210105.00.%1227762
8 MRHLD  26251255.00.%1240674
9 ARB  325154.84.%5812
10 AMA  19694.81.%28000
11 ARM   205008764.46.%1021937
12 UCS  21994.29.%91120
13 AQUARIUS  39221604.25.%10997
14 CITYLDG  68502764.20.%20727
15 ANOORAQ  769293.92.%58904
16 REUNERT  56092093.87.%474509
17 JDGROUP  45681613.65.%1708322
18 BRIMST-N  595203.48.%15000
19 KEATON   357123.48.%585
20 MEDCLIN  2949943.29.%184318

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Major Moves Down
SharenameSaleMove% MoveVolume
1 PLATMIN  450-85-15.89.%97362
2 OANDO  305-35-10.29.%5909
3 PETMIN  261-25-8.74.%274248
4 AFEAGLE  155-13-7.74.%30000
5 TRNSHEX  251-18-6.69.%15374
6 SOVFOOD  555-35-5.93.%25612
7 LIB-HOLD  6645-405-5.74.%1068824
8 KELLY  370-20-5.13.%2173
9 CML  1605-85-5.03.%706293
10 SENTULA  271-14-4.91.%1569707
11 PALLINGHT  396-19-4.58.%26242
12 MVELAGRP  277-13-4.48.%105389
13 HYPROP  5200-225-4.15.%208802
14 COMAIR  210-9-4.11.%303120
15 HULAMIN  700-30-4.11.%250958
16 REXTRU-N  1250-50-3.85.%109
17 NASPERSN  35195-1406-3.84.%4873486
18 GOLDREEF  1450-50-3.33.%140194
19 BARWORLD  6726-224-3.22.%1221182
20 MAZOR  155-5-3.13.%585000

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New Highs
SharenameSaleHighMove% MoveVolume
1 SABVEST  95095010011.76.%3483
2 CLOVER  11451145908.53.%96278
3 ELBGROUP  19001900603.26.%32513
4 MONDIPLCP  62316590-118-1.86.%690563
5 MONDILTDP  62606450-130-2.03.%788079

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New Lows
SharenameSaleLowMove% MoveVolume
1 PLATMIN  450430-85-15.89.%97362
2 HULAMIN  700700-30-4.11.%250958
3 GOLDREEF  14501450-50-3.33.%140194
4 DAWN  6906650.2203
5 PPC  25972496632.49.%1419910
6 MVELASERV  12201140352.95.%161329

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Index Summary
Index NameRPMove% Move
Top 4027,612.91-47.92-0.17%
Industrial30,222.27-155.92-0.51%
Mid Cap39,450.5031.050.08%
Small Cap30,853.5229.500.10%
Resource 2055,201.44197.770.36%
Industrial 2525,227.11-186.35-0.73%
Financial 157,769.81-36.54-0.47%
Financial & Ind. 3028,430.66-196.84-0.69%
All Share30,677.08-41.47-0.13%
Oil & Gas 27,723.60-222.42-0.80%
Mining 36,073.80194.480.54%
Gold Mining2,583.58-.30-0.01%
Platinum Mining72.08-.58-0.80%
Oil & Gas Producers 14,906.47-119.59-0.80%
Basic Materials 30,354.57129.890.43%
Chemicals 13,051.822.620.02%
Forestry & Paper 13,769.99-247.02-1.76%
Industrial Metals 27,639.89-77.59-0.28%
Industrials 26,178.50-69.75-0.27%
General Industrials 71,376.58-985.47-1.36%
Consumer Goods 24,764.4649.070.20%
Automobiles & Parts 3,011.73-4.53-0.15%
Household Goods149.0300.00%
Health Care 30,692.9793.520.31%
Beverages 76,856.02-30.75-0.04%
Food Producers 45,472.19112.190.25%
Index NameRPMove% Move
Personal Goods 378.032.100.56%
Consumer Services 49,474.59-695.57-1.39%
General Retailers 37,942.06-16.80-0.04%
Travel & Leisure 3,569.6135.060.99%
Media 77,512.76-2977.35-3.70%
Support Services 2,398.8362.252.66%
Telecommunications 62,405.18-701.47-1.11%
Financials 20,495.12-81.17-0.39%
Banks 38,279.07-222.82-0.58%
Non-life Insurance 29,996.13-557.73-1.83%
Life Insurance 15,487.41-39.71-0.26%
General Financial 2,168.224.140.19%
Technology 20,634.88140.030.68%
SHARIAH TOP40 3,141.1440.13%
FTSE/JSE SHARIAH ALL3,190.8140.11%
COAL MINING20,895.971060.51%
FTSE JSE Fledgling 4,506.88100.22%
FTSE/JSE Alt X 1,036.94-3-0.30%
SA LISTED PROPERTY 352.21-0.62%
CAPPED PROPERTY 294.75-0.68%
RESOURCE 30,373.381090.36%
DIVIDEND PLUS158.62-0-0.20%
FTSE/JSE RAFI 406,430.33-29-0.45%
Capped Top 4014,334.86-40-0.28%
Capped All Share15,414.27-26-0.17%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
NEDNEDBANK GROUP LTDHOLD15 Mar
PAPPANGBOURNE PROPERTIES LIM...HOLD15 Mar
SBKSTANDARD BANK GROUP LIMIT...SELL15 Mar
AIPADCOCK INGRAM HLGS LDHOLD15 Mar
BTIBRITISH AM. TOBACCO PLCBUY15 Mar
Results Expected**
ExpectedCompany NameFin. Date
21 Mar 20111TIMEDecember 2010 (Final)
22 Mar 2011METAIRDecember 2010 (Final)
23 Mar 2011ADVTECHDecember 2010 (Final)
23 Mar 2011GB LDDecember 2010 (Final)
23 Mar 2011GB LD OPTDecember 2010 (Final)
Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
AMAPS11-03-0411-03-2511-04-01R 0.0400
ASTRAPAKP11-03-0411-03-2511-04-04R 3.4269
STANBANK11-03-0311-04-0111-04-11R 2.4500
STANBANK6.511-03-0311-03-2511-04-04R 0.0325
STANBANK-P11-03-0311-03-2511-04-04R 3.3790
Ex Div**
Share NameDec-DateLDTPay-DateAmount
KUMBA11-02-1011-03-1111-03-22R 21.0000
GRINDROD PREF11-02-2411-03-1111-03-22R 3.8600
SASFIN-P11-03-0211-03-1711-03-28R 3.6205
IMPERIALP11-02-2311-03-1711-03-28R 3.6123
PSGFIN PREF11-03-0111-03-1711-03-28R 3.4377
Upcoming AGMs**
CodeCompany NameDateStatus
HDCHudaco Industries Ltd24/03/2011Confirmed
Stock Exchange News Service
DateTimeHeadline
18/03/201117:44 Primeserv Group Limited - Trading statement for the twelve months ended 31
18/03/201117:40MVG - Mvelaphanda Group Limited - Minor change in the intrinsic net asset value
18/03/201117:30 Metair Investments Limited - Dealings in Metair Securities By Directors
18/03/201117:03 IFA Hotels & Resorts Limited - Trading update for the six months ended 31
18/03/201117:00MND / MNP - Mondi Limited / Mondi Plc - Notification of major interests in
18/03/201117:00 Howden Africa Holdings Limited - Reviewed Financial Results for the year
18/03/201116:45INL/INP - Investec /Investec plc - Transactions in Investec Plc Ordinary shares
18/03/201116:00 Masonite (Africa) Limited - Audited results for the twelve months ended 31
18/03/201115:52 Capital Property Fund - Dealing in Securities
18/03/201115:43 Steinhoff International Holdings - Dealing in securities by director
18/03/201115:30 Naspers Limited - Diredctors dealings
18/03/201115:00 British American Tobacco p.l.c - Notification of transactions of
18/03/201113:51 Growthpoint - Dealing in securities by Director
18/03/201113:33 Delta EMD Limited - No Change Statement, Notice of Annual General
18/03/201113:21 Rainbow Chicken Limited - Dealings in securities by a director of a major
18/03/201112:46 Kaydav Group Limited - Trading statement for the year ended 31 DECEMBER
18/03/201112:37 Pick n Pay Stores Limited - lists a Domestic Medium Term Note Programme
18/03/201112:23 Marshall Monteagle Plc - Dealing In Securities By Directors
18/03/201112:10 Bonatla Property Holdings - Further trading statement for the year ended
18/03/201111:38 SVN - Sabvest Limited - Notification of director`s dealings in Sabvest
18/03/201111:31HYPIVB - Investec Warrants - Adustment to exercise price on Hyprop Investments
18/03/201111:29HYPIVC - Investec Warrants - Adjustment to exercise price on Hyprop Investments
18/03/201111:28 Morvest Business Group - Financial effects of Mint Management Technology
18/03/201110:48 Andulela Investment Holdings Limited - Financial effects of the
18/03/201110:38 Capevin Investments Limited - Dealing in Capevin Investments Shares By An
18/03/201110:34 PSV Holdings Limited - Further cautionary announcement
18/03/201110:00L - Appointment of executive director to Village board of directors
18/03/201109:42 Trencor`s Textainer to present at the J.P. Morgan aviation,
18/03/201109:23 Orion Real Estate Limited - Trading Update
18/03/201109:18 Resource Generation Limited - Resource Generation establishes ADR
18/03/201109:17 Brikor Limited - Change to board of directors
18/03/201109:15 Gold Fields Limited - Dealing in Securities
18/03/201109:09 Aquarius Platinum Limited - Notice to the holders of the US$300,000,000
18/03/201108:52 First Uranium Corporation - Ezulwini Mining operations resume
18/03/201108:16 Pinnacle Point Group Limited - Renewal of cautionary announcement
18/03/201107:45GEN - Kansai Paint Co., Ltd - Announcement regarding the posting of section
18/03/201107:10 British American Tobacco p.l.c - Transaction in own shares
18/03/201107:07 BHP Billiton Plc - Transaction in shares
18/03/201107:06 Coal of Africa Limited - Conversion of options and secondary trading
18/03/201107:05 BioScience Brands - Unaudited results for the six months ended 31 December
18/03/201107:05 Coal of Africa Limited - Appendix 3B new issue announcement, application

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