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 The Sharenet Daily 
Tuesday, 01 November 2011 - 20:00
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)

S.Africa's rand sees biggest daily loss since Sept

JOHANNESBURG (Reuters) - South Africa's rand weakened against the dollar on Tuesday as a Greek plan for a referendum on a bailout package raised worries that the euro zone debt crisis is far from over.

The rand had trimmed its losses though after Germany and France leaders said they were determined to see through a three-point plan agreed last week to contain the debt crisis, which had calmed markets.

Most emerging market currencies were in the red and the rand -- a very sensitive barometer of global risk sentiment -- was the fifth worst performer of 20 units tracked by Reuters.

It tumbled as much as 3.43 percent, its heaviest single-day decline since September 21. It hit 8.2096, its weakest since October 21.

By 1525 GMT, it had come back to 8.09 to the dollar, 1.93 percent weaker than Monday's New York close of 7.9370.

"This referendum threatens everything they've been working on," said George Glynos, managing director at ETM.

Greek Prime Minister George Papandreou called a referendum on Monday on the EU bailout deal for his debt-ridden country. If Greeks reject the bailout, it could set the stage for a disorderly default, causing ructions across Europe's financial system.

Data that showed China's factory activity in October was its slowest since February 2009 also weighed on the currency of South Africa, a major exporter of raw materials to China.

"If there is a no vote out of the referendum it spells a lot of bad news for risk assets and the rand and unfortunately this has the potential, I think, to become something a lot more serious," Glynos said.

The rand is a heavily traded currency at the mercy of global investor sentiment. The impact of local data, including PMI and unemployment numbers on Tuesday, has been muted.

After hitting a 28-month low of 8.4950 in September, the rand seemed to be on a tentative recovery path but failed several times to break resistance at 7.70 to the dollar.

Government bonds followed suit, with yields hitting one week highs.

The yield on the 2015 bond up 10 basis points to 6.695 percent and that on the 2026 issue climbing 15 basis points to 8.46 percent.

"Bonds are likely to remain soft until there is some stabilisation within the global backdrop," said Anisha Arora, emerging market analyst at 4CAST.

Tue, 01 Nov 2011
Top News
Congolese state mining firm Gecamines has refused a request from the mines ministry to publish all revised contracts, saying it cannot do so without the permission of firms involved, according to a letter from Gecamines published on the ministry website.  Full story

South Africa's Allied Technologies Ltd is in talks to pay up to $60 million for unlisted Kenyan IT firm Symphony, according to a person familiar with the matter, to help revive its struggling business in fast-growing east Africa.  Full story
Thai authorities tried to stem growing anger among flood victims on Tuesday as water swamped new neighbourhoods and the government began mapping out a plan costing billions of dollars to prevent a repeat disaster and secure investor confidence.  Full story
Prime Minister Silvio Berlusconi repeated promises of economic reform on Tuesday as Italian bonds came under renewed attack in the euro zone crisis and the centre-left opposition asked the president to name a new government.  Full story
No one was hurt when a Boeing 767 flying from New York with some 230 people on board made an emergency landing at Warsaw's airport Tuesday after trouble with landing gear.  Full story
European shares gave back a hefty slice of October's gain and recorded their biggest one day loss in over a month on Tuesday. . .  Full story
Financial stocks led Britain's FTSE 100 sharply lower on Tuesday, after the Greek Prime Minister's call for a referendum on the bailout package. . .  Full story
Stocks and the euro took a beating on Tuesday after Greece's surprise call for a referendum on the latest euro zone bailout deal. . .  Full story
U.S. stocks tumbled more than 2 percent on Tuesday after a proposed Greek referendum threatened to upend a European bailout plan to contain. . .  Full story

Gold traded lower on Tuesday, under pressure from a stronger dollar, but a surprisingly weak read of U.S. factory activity enabled the euro. . .  Full story
U.S. stocks tumbled 3 percent on Tuesday after the euro zone agreement to rescue Greece and keep the sovereign debt crisis from spreading. . .  Full story
French banks and lenders exposed to Greece and other weak euro zone countries slumped on Tuesday after Greece's leader said he would put. . .  Full story
U.S. stocks cut losses on Tuesday as German and French leaders said they are committed to implementing the decisions of an EU summit. . .  Full story
SA Business
South African stocks ended sharply lower on Tuesday, extending the decline to two days as investors worldwide offloaded risky assets after. . .  Full story
South Africa's rand extended its losses against the dollar on Tuesday after a Greek plan for a referendum on a bailout. . .  Full story
South Africa's Sasol, the world's top maker of motor fuel from coal, signed a joint venture agreement on Tuesday with Australia's. . .  Full story
South African blue chip stocks fell more than 2 percent on Tuesday as resource firms such as Lonmin and other miners. . .  Full story

South African petrochemicals group Sasol will open its expanded Pande/Temane processing plant in Mozambique next week and is confident of lifting. . .  Full story
Global beer brewer SABMiller launched its first ever cassava-based beer on Tuesday, an affordable beer category aimed at cracking the untapped. . .  Full story
South Africa's official jobless rate eased to 25.0 percent of the labour force in the third quarter as the trade and. . .  Full story
South Africa exported 101,446 tonnes of white maize last week compared with 13,098 tonnes the previous week, the South African Grain. . .  Full story

South Africa's Purchasing Managers' Index edged up to 50.5 in October from a downwardly revised 50.2 in September, barely in expansion territory for the second month in a row, data showed on Tuesday.. . .  Full story
South Africa's rand traded softer against the dollar on Tuesday, breaching the 8.00 level once more with traders pointing to signs of economic stress in China and other Asian markets that import large quantities of African raw materials.. . .  Full story
Company News
Shareholders were advised that the company's 2011 integrated annual report, containing the annual financial statements for the year ended 30 June. . .  Full story
At the 16th annual general meeting of Mvela Group shareholders held at 11:00 on Tuesday 1 November 2011, the requisite majority. . .  Full story
Core Group, the Value Added Distributor (VAD) for Apple in Southern Africa, announced on 31 October 2011, that Gijima has been. . .  Full story
KAP shareholders were advised that the 2011 annual report, containing the audited annual financial statements of KAP for the year ended. . .  Full story

Shareholders of Imperial were advised that the ordinary and special resolutions proposed at the annual general meeting held on Tuesday, 1. . .  Full story
With regard to the audited results for the year ended 31 July 2011, shareholders were advised that the annual financial statements. . .  Full story
According to Business Report, London-based brokerage Merchant Securities Group has agreed to be bought by Sanlam for GBP12.2 million (R151 million).. . .  Full story
Business Day reported that Gijima plans to assist local forms to integrate Apple products such as the iPad into their corporate. . .  Full story
Company Results
Revenue for the interim period ended 30 September 2011 increased to R186.6 million (2010: R151.4 million). Gross profit rose to R73.1. . .  Full story
Revenue improved to R3.9 billion (R3.1 billion) and gross profit rose remarkably to R737 million (R88 million). The company recorded an. . .  Full story
Net interest income increased to R177.1 million (August 2010: R78.8 million) and operating income grew to R215.7 million (August 2010: R170.4. . .  Full story
Total revenue for RedefIntl's first full year results as a listed company amounted to GBP32.3 million. Net operating income was GBP24.3. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0031724.22-624.32-1.93%
JSE Top 4017:0028372.84-646.22-2.23%
JSE Gold17:003064.609.440.31%
JSE Financial17:0021445.66-294.56-1.35%
JSE Industrial17:0033885.42-635.47-1.84%
JSE Indust 2517:0028605.51-640.20-2.19%
JSE Resource17:0051826.32-1241.84-2.34%
DJ Futures20:0011685.00-185.00-1.56%
DJ Ind19:4511716.31-238.70-2.00%
SP 50020:001223.95-29.35-2.34%
FTSE 10018:355421.57-122.65-2.21%
All Ords07:364297.20-63.30-1.45%
NZSE 5006:463332.77.210.01%
NameTimeRPMove% Move
Gold/R kg20:0044379837070.84%
Brent Crude19:56107.32-1.72-1.58%
Rand / Dollar19:598.05240.10101.27%
Rand / Pound19:5512.83090.06640.52%
Rand / Euro19:5511.06520.04050.37%
Rand / NZD19:586.4160-0.0047-0.07%
Rand / AUD19:558.3458-0.0417-0.50%
Yen / Dollar19:5978.25000.10000.13%
Euro / Dollar19:550.72730.00600.83%
Dollar / Euro19:581.3735-0.0125-0.90%
Pound / Dollar19:550.62550.00400.64%

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

Major Moves Up
SharenameSaleMove% MoveVolume
1 CLOVER  118012712.06.%305468
2 RANGOLD  248219.25.%12310
3 INVICTA  52004008.33.%33281
4 TRNSHEX  325258.33.%15833
5 COMPCLEAR  290207.41.%11294
6 ONELOGIX  13586.30.%24676
7 MVELAGRP  349195.76.%232964
8 PHUMELELA  1100504.76.%21228
9 BAUBA  220104.76.%26484
10 VUKILE  1525654.45.%7545
11 PREMIUM  1580644.22.%4790
12 JUBILEE  20484.08.%189784
13 HOWDEN  1508584.00.%63233
14 CLIENTELE  1050403.96.%10869
15 TELEMASTR  15053.45.%21585
16 ROLFES  26883.08.%30900
17 ALTRON  2450602.51.%48039
18 VALUE  420102.44.%6710
19 PNR-FOODS  65001492.35.%37331
20 SOVFOOD  450102.27.%11700

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Major Moves Down
SharenameSaleMove% MoveVolume
1 DELRAND  470-280-37.33.%1645
2 CALGRO  160-29-15.34.%33055
3 MMG  202-13-6.05.%24250
4 URONE  2248-127-5.35.%158266
5 ASSORE  20500-1150-5.31.%67510
6 MVELASERV  1000-56-5.30.%30200
7 AQUARIUS  2270-125-5.22.%438857
8 GBGOLD  1090-60-5.22.%11800
9 RICHEMONT  4342-228-4.99.%12983824
10 ARM   17493-849-4.63.%341758
11 IMPLATS  17501-845-4.61.%2414017
12 PLATMIN  229-11-4.58.%120708
13 EASTPLATS  480-21-4.19.%451301
14 MONDILTDP  5950-250-4.03.%251792
15 INVPLC  4639-191-3.95.%3142119
16 CAPITEC  17500-700-3.85.%214048
17 HOSP-B  510-19-3.59.%63535
18 ELLIES   190-7-3.55.%92677
19 ESORFRANK  140-5-3.45.%155437
20 LONMIN  13600-476-3.38.%354433

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New Highs
SharenameSaleHighMove% MoveVolume
1 CLOVER  1180118012712.06.%305468
2 INVICTA  520057004008.33.%33281
3 HOWDEN  15081508584.00.%63233
4 PNR-FOODS  650065001492.35.%37331
5 LIFEHC  1940199890.47.%6270806
6 SANTAM  1430014790180.13.%20799

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New Lows
SharenameSaleLowMove% MoveVolume
1 GBGOLD  10901090-60-5.22.%11800
2 PLATMIN  229210-11-4.58.%120708
3 ESORFRANK  140100-5-3.45.%155437
4 TELKOM  30002975-64-2.09.%4147522
5 ALTECH  51705170-99-1.88.%69948

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Index Summary
Index NameRPMove% Move
Top 4028,372.84-646.22-2.23%
Mid Cap42,496.55-227.08-0.53%
Small Cap31,894.33231.370.73%
Resource 2051,826.32-1241.84-2.34%
Industrial 2528,605.51-640.20-2.19%
Financial 157,994.55-137.84-1.69%
Financial & Ind. 3031,363.10-678.11-2.12%
All Share31,724.22-624.32-1.93%
Oil & Gas 26,259.96-829.49-3.06%
Mining 34,015.78-770.26-2.21%
Gold Mining3,064.609.440.31%
Platinum Mining63.82-2.68-4.03%
GENERAL MINING8,202.98-218.79-2.60%
Oil & Gas Producers 14,119.50-446.00-3.06%
Basic Materials 28,643.67-632.56-2.16%
Chemicals 12,766.0139.150.31%
Forestry & Paper 11,767.30-265.95-2.21%
Industrial Metals 27,888.61-461.15-1.63%
Industrials 27,825.63-260.10-0.93%
General Industrials 78,350.16-942.71-1.19%
Consumer Goods 29,593.92-966.10-3.16%
Automobiles & Parts 3,847.3222.650.59%
Household Goods149.79-1-0.97%
Health Care 35,089.36-284.71-0.80%
Beverages 97.29-3.00-2.99%
Index NameRPMove% Move
Food Producers 52,130.67194.110.37%
Personal Goods 433.66-22.77-4.99%
Consumer Services 56,524.07-366.97-0.65%
General Retailers 47,474.12-289.33-0.61%
Travel & Leisure 3,538.7410.840.31%
Media 82.64-1.10-1.31%
Support Services 2,196.88-53.89-2.39%
Telecommunications 66,514.87-1133.28-1.68%
Financials 21,445.66-294.56-1.35%
Banks 39,594.99-649.58-1.61%
Non-life Insurance 34,676.2043.650.13%
Life Insurance 16,000.29-271.30-1.67%
General Financial 2,162.90-40.41-1.83%
Technology 23,871.6112.390.05%
SHARIAH TOP40 3,057.75-76-2.44%
FTSE/JSE SHARIAH ALL3,119.40-70-2.19%
COAL MINING23,850.76-710-2.89%
FTSE JSE Fledgling 4,545.6930.06%
FTSE/JSE Alt X 1,188.59-15-1.27%
CAPPED PROPERTY 320.86-0.26%
RESOURCE 28,657.30-683-2.33%
DIVIDEND PLUS171.46-2-1.03%
FTSE/JSE RAFI 406,529.54-143-2.15%
Capped Top 4014,921.10-337-2.21%
Capped All Share16,024.67-314-1.92%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
Results Expected**
ExpectedCompany NameFin. Date
02 Nov 2011REBOSISAugust 2011 (Final)
02 Nov 2011SANTOVAAugust 2011 (Interim)
02 Nov 2011WILDRNESSAugust 2011 (Interim)
03 Nov 2011AFRIMATAugust 2011 (Interim)
03 Nov 2011MONEYWBSeptember 2011 (Interim)

Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
BLACKSTAR11-10-2811-11-0411-12-02R 0.0650
BARWORLD611-10-2711-11-1111-11-21R 0.0600
NUWORLD11-10-2711-12-0211-12-12R 0.2950
SPANJAARD11-10-2711-11-1111-11-21R 0.1000
PREMIUM11-10-2111-11-1111-11-21R 0.5580
Ex Div**
Share NameDec-DateLDTPay-DateAmount
SBR00311-08-0511-10-2811-11-07R 1.5200
PSG11-10-1411-10-2811-11-07R 0.2600
EXCELL11-09-2811-10-2811-11-07R 0.0400
LONFIN11-10-1411-10-2811-11-25R 0.0030

Upcoming AGMs**
CodeCompany NameDateStatus
AVIPAVI Ltd01/11/2011Confirmed
MVGPMvelaphanda Group Ltd01/11/2011Confirmed
MVGMvelaphanda Group Ltd01/11/2011Confirmed
AVIAVI Ltd01/11/2011Confirmed
IPLImperial Holdings Ltd01/11/2011Confirmed

Stock Exchange News Service
01/11/201117:53 Pan African Resources plc - Results of Annual General Meeting
01/11/201117:42 African Rainbow Minerals Limited - No change statement and notice of
01/11/201117:40MVG/MVGP - Mvelaphanda Group Limited - Results of the Annual General Meeting
01/11/201117:38IND144 - iNdwa Investments Limited - Full Capital Redemption
01/11/201117:37BIOCI - OntheCards Investments II (Proprietary) Limited - Interest Rate Reset
01/11/201117:12 Spanjaard Limited - Appointment of director
01/11/201117:04 SA Corporate Real Estate Fund - Resignation from the Board of Directors
01/11/201116:30 RBA Holdings Limited - Designated adviser dealing in securities
01/11/201116:30OML - Old Mutual Plc - Form 8.3
01/11/201116:30 Pan African Resources plc - Dealings by an associate of a non-
01/11/201116:26ARHP - Anglorand Holdings Limited - Results of the extraordinary General Meeting
01/11/201115:15 British American Tobacco p.l.c - British American Tobacco P.l.c. (the
01/11/201115:10 Wits Gold - Wits Gold enters into agreements to acquire additional
01/11/201114:56SZ25 - The South African National Roads Agency Limited -New financial
01/11/201114:47 Gijima Group Limited - Gijima appointed the first apple systems integrator
01/11/201114:44IPL/IPLP - Imperial Holdings Limited - Dealings in securities by a
01/11/201114:43 Bowler Metcalf Limited - Director`s dealing in securities
01/11/201114:37BIIIPL - iNguza Investments (Proprietary) Limited - Interest rate reset
01/11/201114:37BIIIPL - iNguza Investments (Proprietary) Limited - Full Capital Redemption
01/11/201114:36 International Holdings Limited - No change statement and notice of
01/11/201114:35 IFCA Technologies Limited - Further update to the mandatory
01/11/201114:35NBAGL2 - Nedbank - Expiry and delisting announcement in relation to the
01/11/201114:31 Imperial Holdings Limited - Results of Annual General Meeting
01/11/201114:00CLR/CLRP - Clover Industries Limited - Dealing in Securities by a Director and
01/11/201113:35 Esorfranki Limited - Press release
01/11/201113:21 BSI Steel Limited - Trading statement
01/11/201113:00 Anglo American plc - Total voting rights
01/11/201112:58 Rolfes Technology Holdings Limited - Dealing in securities by a
01/11/201112:57IND217 - iNdwa Investments Limited - Listing of new financial instrument
01/11/201112:55 Adcorp Holdings Limited - Results of the Adcorp General Meeting
01/11/201112:55 Paracon Holdings Limited - Results of Scheme Meeting
01/11/201112:15 Phumelela Gaming & Leisure Limited - No change statement and
01/11/201111:54 Tsogo Sun Holdings Limited - Change in directorate
01/11/201111:53 Tsogo Sun Holdings Limited - Trading statement
01/11/201111:37 AVI Limited - Results of the Annual General Meeting of AVI
01/11/201111:35GEN - General - SKY - Qualified reviewed opinion statements
01/11/201111:33 AVI Limited - Chairman`s comment on trading conditions
01/11/201111:28INL/INP - Investec Limited/Investec plc - Form 8 (DD)
01/11/201111:25INL/INP - Investec Limited/ Investec plc - Form 8 (DD)
01/11/201111:14 Growthpoint Properties Limited - Dealing in securities by an Executive of
01/11/201110:53 Assore Limited - Change to board of directors
01/11/201110:07 African Media Entertainment Limited - Results of Annual General
01/11/201110:01 Exxaro Resources Limited - Trading of Exxaro ordinary shares on behalf of
01/11/201109:50INL/INP - Investec Limited/Investec plc - Disclosure in accordance with Rule
01/11/201109:22JCD - JCI Limited - Resignation and appointment of company secretary
01/11/201109:14 Redefine International - Reviewed Condensed Consolidated Results for the
01/11/201109:06GEN - General - AWT - Suspension of listing
01/11/201109:00 Redefine Properties International Limited - Results for the period ended
01/11/201109:00 Platmin Limited - Cancellation of AIM listing
01/11/201108:00 Blue Financial Services Limited - Reviewed Condensed Consolidated Interim
01/11/201108:00GND/GNDP/REM - Grindrod/Remgro - Fulfilment of conditions precedent and
01/11/201107:11 Anglo American plc - Provisional Interim Dividend Dates (Dividend no 24)
01/11/201107:10 Anglo American plc - Proposed Final Dividend Dates (Dividend no 23)
01/11/201107:10 British American Tobacco p.l.c - Transaction in own shares
01/11/201107:10 Sallies Limited - No change statement and notice of Annual General Meeting
01/11/201107:06 Coal of Africa Limited - Appendix 5B Mining exploration entity quarterly
01/11/201107:06 BHP Billiton Finance Plc - BHP Billiton approves Caval Ridge Mine
01/11/201107:06 Coal of Africa Limited - Report for the quarter ended 30 September 2011
01/11/201107:05 Gold One International Limited - Gold One Not Bidding for Blyvoor Mine
01/11/201107:05INVS - Investec Bank Limited - Adjustment to the issue size of ESPIBS-
01/11/201107:05 Sallies Limited - Posting of circular and notice of General Meeting

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