The Sharenet Daily 
Friday, 25 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
Top News
SA Business
Company News
Company Results
World Markets (Spot Prices)
JSE Today
JSE Trading Statistics
Major Moves
Index Summary
Latest Consensus Changes / Results Expected
Recent Dividends / Ex Div
Upcoming AGMs
Stock Exchange News Service (SENS)

Picking from the cookie jar...

The correction we seem to be recovering from was over 10%. The JSE has recovered some 5% since the last bout of panic selling on the 15th March. There are still many bargains about however. Let us find the following as at Thursday 25th March:

1. Largest 100 shares on the JSE that are
2. Reasonably valued and
3. Going for more than 10% discount to their recent highs, and
4. Displaying strong signs of recovery according to
4.1 recent 5 and 10-day moving average crossovers,
4.2 recent 1 and 2-week resistance breakouts
4.3 the emergence of back-to-back advancing days.

This seems a complex search, but with three mouse clicks we get the list below:

RMH recently restructured its shareholding, so ignore that. The list is sorted by discount from recent highs ("HI" column). BIL is at a historically low P/E of 11 and a favourite of ours. But we also like LEWIS as it is a consistent dividend payer and the 4.6% yield is almost a dead-cert. LEW is going at a 12.1% discount to its recent highs, despite having risen 6.7% ("5D" column) in the last 5 days. LEW is colored red as our systems deem it to be the best opportunity, followed by the shares coloured in green. FPT is a consistent revenue growth, earnings-per-share growth and dividend payer but remember it's a property stock and the 8.7% yield is thus taxable.

If you like this approach to intellegent stock picking and timing, come see us at our next seminar or see our videos at

Fri, 25 Mar 2011
Top News
South Africa's rand touched a 1-1/2 week high against the dollar on Friday, lifted by increased risk appetite and the appointment of respected Treasury director Lesetja Kganyago as a deputy governor of the central bank.  Full story

ArcelorMittal South Africa said it expected arbitration proceedings relating to its stake in Kumba Iron Ore's Sishen mine to be heard early next year.  Full story
Western warplanes bombed Muammar Gaddafi's armour in eastern Libya on Friday to try to break a battlefield stalemate and help rebels take the strategic town of Ajdabiyah.  Full story
Radiation fears escalated in Japan on Friday after workers suffered burns as they tried to cool an earthquake-crippled nuclear power station, while the government sowed confusion over whether it was widening an evacuation zone around the plant.  Full story
President Ali Abdullah Saleh said on Friday he was ready to cede power to stop more bloodshed in Yemen but only to what he called "safe hands" as tens of thousands rallied against him in "Day of Departure" protests.  Full story
Gold reversed gains in high volume on Friday, hit by a dollar spike after several top Federal Reserve officials said the Fed is. . .  Full story
Wall Street advanced for a third straight day on Friday as the tech sector rose on upbeat outlooks, though weak trading volume hinted. . .  Full story
Global stocks rose on Friday and were on track to post their best week since November, while the euro slipped against the dollar. . .  Full story
Technology stocks led Wall Street higher on Friday after Oracle's upbeat outlook, putting all three major stock indexes on track to end the. . .  Full story

European shares were flat on Friday, with fund managers suggesting the overall trend could be downwards in the short term as euro zone. . .  Full story
Precious metal miners helped Britain's top share index higher on Friday, as Citigroup issued upbeat comment on UK stocks in the sector, upgrading. . .  Full story
The Nikkei average rose on Friday to round off a week of gains as foreign investors scooped up battered shares, but their buying. . .  Full story
Australian stocks closed firmer for the sixth straight trading day on Friday as strong leads from offshore markets and corporate takeover talk underpinned. . .  Full story
SA Business
South African National Treasury Director General Lesetja Kganyago is to leave his position to become a deputy governor of the central bank from May 16, President Jacob Zuma said on Friday.. . .  Full story
South African President Jacob Zuma and Finance Minister Pravin Gordhan will hold a special media briefing in Pretoria on Friday.. . .  Full story
South Africa's rand steadied against the dollar on Friday just shy of a one-week high and looked poised for further gains after piercing through a key resistance level the previous session.. . .  Full story

Swaziland's sugar production is likely to jump by a quarter in the next five years, thanks to more land being put under cultivation, an industry group said on Friday.. . .  Full story
African central banks have started to train their sights on inflation bubbling up across the region, although wobbly currencies are making foreigners think twice about chasing lofty domestic debt yields.. . .  Full story
Soaring gold prices boosted revenues from mining to Mali's budget to a record 191 billion CFA Franc in 2010, compared with 130 billion in 2009, the government of the West African. . .  Full story
Company News
Further to the posting of a circular to Simmers shareholders dated 2 March 2011 ("the circular") and the announcement released on. . .  Full story
Shareholders are referred to the voluntary terms announcement released on SENS and published in the Business Day on 7 February 2011. . .  Full story
The board of directors of Trustco ("the board") informed shareholders that Mr PJ Miller has retired as company secretary with effect. . .  Full story
PPC management will be hosting investors and analysts at the Western Cape operations on Friday, 25 March 2011, during which a. . .  Full story
Company Results
Turnover for 2010 amounted to R1.3 billion (the results for the 2009 financial period are not comparable as they are only. . .  Full story
Revenue for the year ended 31 December 2010 increased to USD155 million (2009: USD111.4 million). Operating profit soared to USD9 million. . .  Full story
Revenue more than doubled to CAD148.3 million (CAD62.6 million) and gross loss widened to CAD24.9 million (loss of CAD18.3 million). Operating. . .  Full story
Revenue for the year ended 31 December 2010 jumped to R5.4 billion (2009: R4.7 billion). Operating profit for the year declined. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0031595.89-51.80-0.16%
JSE Top 4017:0028492.55-74.43-0.26%
JSE Gold17:002690.35-59.14-2.15%
JSE Financial17:0020964.1417.910.09%
JSE Industrial17:0031494.30112.250.36%
JSE Indust 2517:0026426.16104.080.40%
JSE Resource17:0056216.00-419.07-0.74%
DJ Futures19:5612170.0028.000.23%
DJ Ind19:4512242.1671.600.59%
SP 50019:401316.476.810.52%
FTSE 10018:355900.7619.890.34%
All Ords07:364840.3046.100.96%
NZSE 5006:263388.611.360.04%
NameTimeRPMove% Move
Gold/R kg20:00315082-4462-1.40%
Brent Crude19:56115.30.220.19%
Rand / Dollar19:596.8618-0.0048-0.07%
Rand / Pound19:5510.9609-0.0764-0.69%
Rand / Euro19:559.6543-0.0786-0.81%
Rand / NZD19:585.17670.02780.54%
Rand / AUD19:557.03850.02450.35%
Yen / Dollar19:5781.39000.40000.49%
Euro / Dollar19:550.71040.00510.72%
Dollar / Euro19:581.4071-0.0100-0.71%
Pound / Dollar19:550.62390.00380.61%

Click here for the Sharenet Spot Price page
The JSE Today
Trading Statistics

Major Moves Up
SharenameSaleMove% MoveVolume
1 BRIMSTON  18101010126.25.%325500
2 CASHBIL  91507498.92.%17260
3 UCS  200158.11.%487003
4 ROLFES  172127.50.%23571
5 OANDO  266166.40.%2000
6 VERIMARK  14385.93.%10000
7 WILDRNESS  500255.26.%8327
8 KAP  220104.76.%12500
9 MIXTEL  12054.35.%1107900
10 JASCO  10344.04.%18950
11 HULAMIN  705253.68.%181514
12 GRANPRADE  28093.32.%90303
13 BASREAD  1080302.86.%150828
14 OCTODEC  1800502.86.%22484
15 KELLY  380102.70.%113730
16 BELL  1339322.45.%1970
17 JUBILEE  31372.29.%137117
18 IMPERIAL  110352342.17.%547427
19 PLATMIN  550101.85.%27710
20 PNR-FOODS  55501001.83.%105216

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Major Moves Down
SharenameSaleMove% MoveVolume
1 ANOORAQ  785-55-6.55.%24634
2 PARACON  142-8-5.33.%27732
3 KEATON   320-16-4.76.%193100
4 HARMONY  9500-340-3.46.%2591263
5 PAN-AF  113-4-3.42.%855933
6 ESORFRANK  155-5-3.13.%234774
7 AMA  190-6-3.06.%84686
8 ONELOGIX  132-4-2.94.%16500
9 GFIELDS  11650-320-2.67.%1148839
10 SASFIN  3499-96-2.67.%2810
11 BRAIT  1851-49-2.58.%181975
12 GOLDONE  255-6-2.30.%487099
13 EHSV  7130-165-2.26.%27503
14 GBGOLD  1810-34-1.84.%3800
15 PALLINGHT  402-7-1.71.%80000
16 ILLOVO  2702-45-1.64.%188534
17 OPTIMUM  3150-52-1.62.%72049
18 PBT  128-2-1.54.%10000
19 MRHLD  2560-40-1.54.%713305
20 ANGGOLD  32150-450-1.38.%760126

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New Highs
SharenameSaleHighMove% MoveVolume
1 BRIMSTON  181018101010126.25.%325500
2 UNIVERSAL  16216221.25.%12500
3 GLENMIB  20220221.00.%6800
4 MTN  1342313718-107-0.79.%5543468

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New Lows
SharenameSaleLowMove% MoveVolume
1 PARACON  142142-8-5.33.%27732
2 KEATON   320295-16-4.76.%193100

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Index Summary
Index NameRPMove% Move
Top 4028,492.55-74.43-0.26%
Mid Cap40,264.16149.610.37%
Small Cap31,202.11152.660.49%
Resource 2056,216.00-419.07-0.74%
Industrial 2526,426.16104.080.40%
Financial 157,948.86.950.01%
Financial & Ind. 3029,626.7174.010.25%
All Share31,595.89-51.80-0.16%
Oil & Gas 28,536.55-127.75-0.45%
Mining 36,796.25-313.66-0.85%
Gold Mining2,690.35-59.14-2.15%
Platinum Mining75.25-.54-0.71%
Oil & Gas Producers 15,343.58-68.69-0.45%
Basic Materials 30,996.53-227.88-0.73%
Chemicals 13,127.641.650.01%
Forestry & Paper 14,177.1298.350.70%
Industrial Metals 28,835.18161.450.56%
Industrials 26,930.36233.120.87%
General Industrials 74,831.81605.330.82%
Consumer Goods 25,867.01-18.91-0.07%
Automobiles & Parts 3,147.60-20.38-0.64%
Household Goods156.9721.23%
Health Care 30,695.14-.81-0.00%
Beverages 81,325.70341.720.42%
Food Producers 46,213.12-58.32-0.13%
Index NameRPMove% Move
Personal Goods 390.82-3.89-0.99%
Consumer Services 52,485.94785.371.52%
General Retailers 39,245.05133.200.34%
Travel & Leisure 3,541.13-4.25-0.12%
Media 85,473.882786.813.37%
Support Services 2,402.839.780.41%
Telecommunications 64,979.88-452.37-0.69%
Financials 20,964.1417.910.09%
Banks 39,302.76-47.28-0.12%
Non-life Insurance 30,384.11424.361.42%
Life Insurance 15,829.98-7.30-0.05%
General Financial 2,205.596.400.29%
Technology 20,151.9754.990.27%
SHARIAH TOP40 3,222.08-21-0.64%
FTSE/JSE SHARIAH ALL3,269.54-18-0.56%
COAL MINING21,664.59-68-0.31%
FTSE JSE Fledgling 4,467.41-12-0.26%
FTSE/JSE Alt X 1,017.09-16-1.53%
RESOURCE 31,019.20-248-0.79%
DIVIDEND PLUS162.6500.25%
FTSE/JSE RAFI 406,623.11-6-0.09%
Capped Top 4014,837.30-32-0.21%
Capped All Share15,901.25-21-0.13%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
Results Expected**
ExpectedCompany NameFin. Date
26 Mar 2011VILLAGEDecember 2010 (Interim)
29 Mar 2011CASHBILDecember 2010 (Interim)
29 Mar 2011SABLEDecember 2010 (Interim)
29 Mar 2011SELCODecember 2010 (Interim)
30 Mar 2011CAPEMRDecember 2010 (Final)

Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
STANBANK11-03-0311-04-0111-04-11R 2.4500
AFGRI11-03-0211-05-1311-05-23R 0.2415
CAPCO11-03-0211-04-0811-05-19R 0.0100
SHFINV-PREF11-03-0111-04-0811-04-18R 3.6200
SPANJAARD11-02-2811-05-2011-05-30R 0.1600
Ex Div**
Share NameDec-DateLDTPay-DateAmount
ASTRAPAKP11-03-0411-03-2511-04-04R 3.4269
STANBANK-P11-03-0311-03-2511-04-04R 3.3790
BIDVEST11-02-2811-03-2511-04-04R 2.2500
TRENCOR11-02-2811-03-2511-04-04R 1.0000
SASFIN11-03-0211-03-2511-04-04R 0.4900

Upcoming AGMs**
CodeCompany NameDateStatus
AMSAnglo Platinum Ltd28/03/2011Confirmed
AMSPAnglo Platinum Ltd28/03/2011Confirmed
OREOrion Real Estate Ltd29/03/2011Confirmed
TLMTeleMasters Holdings Ltd01/04/2011Unconfirmed

Stock Exchange News Service
25/03/201117:30 Primeserv - Reviewed Interim Results for the twelve months ended 31
25/03/201117:05 Capital Property Fund - Acquisition of linked units in Pangbourne
25/03/201117:00MND/MNP - Mondi - Transactions in Shares
25/03/201116:28 Bonatla Property Holdings Limited - Provisional reviewed condensed
25/03/201115:30 Net1 - Net1 to Approach Constitutional Court in Response to Supreme Court
25/03/201115:30 Finbond - Trading Statement
25/03/201115:22SBTPV4 - The Standard Bank Of South Africa Limited - Reset of Variable Equity
25/03/201115:08 Super Group - Dealing in securities by Director
25/03/201115:00 BRAIT S.A. - Announcement relating to an amended timetable
25/03/201114:56 Securedata Holdings Limited - Dealings In Securities By A Director Of A
25/03/201113:33OMLSTE - The Standard Bank of South Africa Limited - Dividend announcement in
25/03/201113:30 Anglo American plc - Anglo American Long Term Incentive Plan - "LTIP"
25/03/201113:24 Simmers - Results of general meeting and revised salient dates and times
25/03/201113:00 British American Tobacco P.l.c. - Notification Of Transactions of
25/03/201112:57 Village Main Reef Limited - Results of general meeting and revised salient
25/03/201112:37 Jasco Electronics Holdings Limited - Director dealing in securities
25/03/201112:34 SELCo - Trading Statement
25/03/201112:32 Mercantile - No Change Statement and Notice of Annual General Meeting
25/03/201112:13 Cape Empowerment Limited - Trading statement
25/03/201111:59 Hudaco Industries Limited - Fulfilment of conditions precedent
25/03/201111:20 ArcelorMittal South Africa - Renewal of Cautionary Announcements
25/03/201111:11 Miranda Mineral Holdings Limited - Update on Claw Back Offer and Rights
25/03/201110:37 Exxaro - Trading of Exxaro ordinary shares on behalf of the Exxaro
25/03/201110:30 Palabora - Wage Agreements entered into with the National Union of
25/03/201110:21RACP - RECM and Calibre Limited - Appointment of Director
25/03/201109:36 Trustco Group Holdings Limited - Retirement of Company Secretary.
25/03/201108:00 Compagnie Financiere Richemont SA Depositary Receipts - Richemont Board
25/03/201108:00 Pretoria Portland Cement Company Limited - Investor site visit
25/03/201108:00 South African Coal Mining Holdings Limited - Lifting of suspension of
25/03/201107:24 BHP Billiton Plc - Appointment of Lindsay Maxsted
25/03/201107:21 BHP Billiton Plc - Expansion of Hunter Valley Energy Coal
25/03/201107:17 BHP Billiton Plc - Iron Ore and Coal Presentation
25/03/201107:16 Billiton Plc - Bowenbhp Basin Metallurgical Coal Expansions
25/03/201107:10 British American Tobacco p.l.c.- Transaction in own shares
25/03/201107:06 BHP Billiton Plc - Final Notification of Interests of Directors and
25/03/201107:05 BHP Billiton Plc - Further growth at Western Australia Iron Ore

Click here for more SENS news