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 The Sharenet Daily 
Wednesday, 12 October 2016 - 20:00
 
Charts
News
Top News
Markets
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)


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Todays Sharenet VIEWS
Seed Investments
A low turnover investment strategy has a lot of attraction, not least of which is lower brokerage fees. Many fund managers, however, adopt an approach that sees them buy into a company only to sell out again in one quarter. Higher and higher turnover is more and more typical of fund management today, but we ask: "Does a lower turnover strategy have merit?"  Full story

Top News
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South Africa's rand recovered on Wednesday after the state prosecutor said Finance Minister Pravin Gordhan could ask for a review of a decision to charge him with fraud.  Full story

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South Africa's state prosecutor said on Wednesday that Finance Minister Pravin Gordhan could ask for a review of a decision to charge him with fraud, a case that is part of a long-running row surrounding the minister.  Full story
Even as WikiLeaks released another trove of internal documents from Hillary Clinton’s campaign on Wednesday, Russian President Vladimir Putin insisted his country was not involved in an effort to influence the U.S. presidential election.  Full story

Islamic State on Wednesday claimed responsibility for a mass shooting that killed at least 18 worshippers at a shrine in the Afghan capital, raising fears of sectarian violence after a string of attacks on the country's Shi'ite minority.  Full story

The health of Thailand's 88-year-old King Bhumibol Adulyadej, the world's longest reigning monarch, has "overall not yet stabilised", the palace said on Wednesday.  Full story
 
SA Business
South African prosecutors could not have announced plans to charge Finance Minister Pravin Gordhan for fraud at a worse time: two. . .  Full story
South Africa's Finance Minister Pravin Gordhan said on Wednesday he was concerned about the leadership at the revenue service after it. . .  Full story
South Africa's low economic growth, rising debt and depleted revenues will hurt the Treasury's ability to close the country's large fiscal. . .  Full story
South African prosecutors ordered Finance Minister Pravin Gordhan on Tuesday to appear in court on Nov. 2 to hear fraud charges. . .  Full story

South Africa's state prosecutor said on Wednesday that Finance Minister Pravin Gordhan could ask for a review of a decision to charge him. . .  Full story
South Africa has failed to protect residents affected by pollution from contaminated water and mine dumps over more than 130 years of gold. . .  Full story
Police in the South African capital Pretoria clashed with students who burned tires and erected barricades in protest at university fees on Wednesday,. . .  Full story
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South Africa's Aveng said on Tuesday Kutana Construction will take a 51 percent stake in its subsidiary for 756 million rand ($54 million) as part of a strategy to create opportunities for emerging black contractors.. . .  Full story
Company News
Shareholders are referred to the companyĂs business update and trading statement released on SENS on 5 September 2016 and are advised. . .  Full story
Shareholders are referred to the Trading Statement published on the Stock Exchange News Service on 3 October 2016 wherein it was. . .  Full story
Shareholders are hereby advised that Ms Rojie Kisten has been appointed as an independent non-executive director of the company and as. . .  Full story
MerafeĂs attributable ferrochrome production from the Glencore Merafe Chrome Venture for the first nine months of 2016 increased by 3% compared. . .  Full story

Shareholders of Datacentrix and Pinnacle are advised that Pinnacle, which holds 57.1% of the issued share capital of Datacentrix, has submitted a non-binding expression of interest (˘EOI÷) to Datacentrix to acquire. . .  Full story
CoAL announced the appointment of Shangren Ding as a non- executive director of the Company with effect from 11 October 2016.. . .  Full story
The company expects earnings per share (˘EPS÷) to be between 94.1 cents and 97.9 cents per share (2016: 75.3 cents per share) reflecting an increase of between 25% and 30% on. . .  Full story
Company Results
Sales for the interim period increased to R807.3 million (2015: R758 million). Gross profit was higher at R389.9 million (2015: R367. . .  Full story
Revenue for the year came to GBP10.3 million (GBP2.4 million). Net property income shot up to GBP9.9 million (GBP2.2 million). Profit. . .  Full story
Revenue for the period increased to R184.4 million (2015: R183.5 million). Gross profit rose to R80.2 million (2015: R70.8 million), operating. . .  Full story
Revenue for the interim period increased by 9% to R529.2 million (2015: R485.5 million). Gross profit improved by 10% to R200.6. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE Overall17:0051548.13-350.69-0.68%
JSE Top 4017:0045048.57-347.15-0.76%
JSE Gold17:001773.03-9.67-0.54%
JSE Financial17:0039534.99-169.56-0.43%
JSE Industrial17:0075788.29-399.22-0.52%
JSE Indust 2517:0067603.59-399.05-0.59%
JSE Resource17:0032659.35-489.98-1.48%
DJ Futures19:5818069.00-1.00-0.01%
DJ Ind11/1018128.66-200.38-1.09%
SP 50019:312141.745.010.23%
Nasdaq11/105246.79-81.88-1.54%
FTSE 10016:497032.85-38.03-0.54%
DAX18:0810523.07-54.09-0.51%
CAC4018:084452.24-19.50-0.44%
Nikkei08:5016840.00-20.09-0.12%
Shanghai09:283058.50-6.75-0.22%
Hang-Seng10:2823407.05-444.77-1.86%
All Ords07:395555.20-7.00-0.13%
NZSE 5009:047107.46-16.77-0.24%
NameTimeRPMove% Move
Gold $19:591252.25.170.01%
Gold R19:5917780.71-198.23-1.10%
Gold R/kg19:58571773-6250-1.08%
Silver $19:5917.48000.07600.44%
Platinum $19:59936.50-4.42-0.47%
Palladium $19:59647.891.890.29%
R18617:428.92-0.02-0.17%
R20417:427.89-0.02-0.19%
R20717:428.10-0.01-0.12%
Brent Crude19:5851.85-1.29-2.43%
USD / ZAR19:5914.1981-0.1622-1.13%
GBP / ZAR19:5517.3446-0.0300-0.17%
EUR/ ZAR19:5515.6580-0.2236-1.41%
NZD/ ZAR19:5910.0446-0.0835-0.82%
AUD / ZAR19:5510.7540-0.0782-0.72%
USD / JPY19:59104.32000.74900.72%
EUR / USD19:591.1022-0.0031-0.28%
GBP / USD19:591.22330.01200.99%

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The JSE Today

Trading Statistics
DateAdv.Decl.Unch.ActivesVolumeValueTradesOrders
12/10/201611520566386292,013,147R21,874,425,05129665698471
11/10/201617917959417416,857,453R30,666,903,579436320989232
10/10/201612818569382233,260,243R16,718,197,75127568127851
07/10/201615518062397276,731,324R19,498,170,6992802641053202
06/10/201615216764383282,792,968R23,007,444,556310927310170
* Includes all listed instruments on the JSE
Major Moves Up
SharenameSaleMove% MoveVolume
1 ALTRON  67410318.04.%23878
2 ALTRON-P  620366.16.%125561
3 WORKFORCE  190105.56.%3246
4 CULLINAN  190105.56.%16
5 BARWORLD  86954395.32.%865553
6 AFRIMAT  28001013.74.%50014
7 EASTPLATS  550193.58.%120
8 OCEANA  112663623.32.%3726
9 NAMPAK  1930603.21.%1427746
10 TRADEH  2070643.19.%65785
11 Hulisani  1640503.14.%2888
12 FAMBRANDS  172804972.96.%187321
13 ARCMITTAL  1250352.88.%2851570
14 EQSTRA  29482.80.%306997
15 BELL  1130302.73.%10000
16 MAS  2116562.72.%398291
17 LONFIN  770202.67.%40
18 GLENCORE  4040892.25.%3705092
19 GRANPRADE  37382.19.%113255
20 TOWER  764152.00.%89692

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Major Moves Down
SharenameSaleMove% MoveVolume
1 TRUSTCO  276-24-8.00.%18585
2 SASFIN  6351-498-7.27.%500
3 PPC  583-36-5.82.%7752481
4 GROUP-5  2689-162-5.68.%116194
5 DENEB  185-10-5.13.%7718
6 NIVEUS  3750-202-5.11.%89
7 INVICTA  6035-315-4.96.%15336
8 CAT  1329-69-4.94.%11187
9 INVPROP  1486-64-4.13.%75497
10 FAIRVEST  170-7-3.95.%87879
11 TRANSCAP  1251-49-3.77.%32459
12 PSG  20385-715-3.39.%502581
13 CLOVER  1907-63-3.20.%84855
14 HUDACO  10688-312-2.84.%21332
15 NEPI  16010-450-2.73.%217230
16 SOVFOOD  900-25-2.70.%1070
17 WBHO  14995-405-2.63.%76219
18 A-V-I  9221-239-2.53.%3018617
19 IMPLATS  6048-152-2.45.%4763693
20 AFROX  2044-51-2.43.%65217

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New Highs
SharenameSaleHighMove% MoveVolume
1 CULLINAN  190190105.56.%16
2 FAMBRANDS  17280186524972.96.%187321
3 GLENCORE  40404090892.25.%3705092
4 MERAFE  11911921.71.%1676242
5 WESCOAL  20022221.01.%1216255
6 EXXARO  1120111398960.86.%1343078
7 THARISA  180018500.36777
8 ABINBEV  181400188629-3155-1.71.%22561
9 NIVEUS  37504141-202-5.11.%89

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New Lows
SharenameSaleLowMove% MoveVolume
1 TRUSTCO  276276-24-8.00.%18585
2 OLDMUTUAL  34083379-59-1.70.%12622555
3 Remgro-N  31402957-50-1.57.%563910
4 MEDCLIN  1563415302-80-0.51.%1369524
5 TRUWTHS  700968101341.95.%1328782

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Index Summary
Index NameRPMove% Move
Top 4045,048.57-347.15-0.76%
Industrial75,788.29-399.22-0.52%
Mid Cap76,317.25-201.11-0.26%
Small Cap62,244.74-534.47-0.85%
Resource 2032,659.35-489.98-1.48%
Industrial 2567,603.59-399.05-0.59%
Financial 1514,330.36-41.72-0.29%
Financial & Ind. 3070,250.95-381.57-0.54%
All Share51,548.13-350.69-0.68%
Oil & Gas 7,195.69.000.00%
Mining 24,239.49-336.92-1.37%
Gold Mining1,773.03-9.67-0.54%
Platinum Mining26.50-.18-0.67%
GENERAL MINING6,578.52-113.02-1.69%
Oil & Gas Producers 38,689.88.000.00%
Basic Materials 23,181.25-305.76-1.30%
Chemicals 21,028.29-135.37-0.64%
Forestry & Paper 51,295.43-989.76-1.89%
Industrial Metals 10,077.91-75.42-0.74%
Industrials 46,164.0654.140.12%
General Industrials 176.071.070.61%
Consumer Goods 72,020.57-431.07-0.59%
Automobiles & Parts 4,603.64-38.50-0.83%
Household Goods513.47-5-1.02%
Health Care 9,030.1724.520.27%
Beverages 264.17-.68-0.26%
Index NameRPMove% Move
Food Producers 9,730.47-43.98-0.45%
Personal Goods 916.561.290.14%
Consumer Services 18,530.90-158.54-0.85%
General Retailers 6,863.5235.850.53%
Travel & Leisure 6,829.7344.470.66%
Media 500.97-6.51-1.28%
Support Services 1,921.00-48.06-2.44%
Telecommunications 6,461.00-.37-0.01%
Financials 39,534.99-169.56-0.43%
Banks 6,958.9030.700.44%
Non-life Insurance 62,111.827.930.01%
Life Insurance 35,401.10-257.24-0.72%
General Financial 3,851.31-40.85-1.05%
Technology 59,165.34-453.75-0.76%
SHARIAH TOP40 3,055.51-32-1.05%
FTSE/JSE SHARIAH ALL3,446.77-30-0.85%
COAL MINING14,160.031210.86%
FTSE JSE Fledgling 7,512.3520.02%
FTSE/JSE TOP 40 USD3,394.33-103-2.94%
FTSE/JSE Alt X 1,436.7330.22%
SA LISTED PROPERTY 620.39-5.97-0.95%
CAPPED PROPERTY 512.27-1.11%
RESOURCE 18,496.28-244-1.30%
DIVIDEND PLUS200.9500.11%
FTSE/JSE RAFI 409,525.93-70-0.73%
Capped Top 4023,981.91-172-0.71%
Capped All Share26,295.95-170-0.64%
JSE TABACO 10,751.10-192-1.76%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
RMIRAND MERCH INS HLDGS LTDHOLD11/10/2016
ASRASSORE LTDHOLD10/10/2016
PIKPICK N PAY STORES LIMITEDHOLD10/10/2016
NEDNEDBANK GROUP LTDHOLD10/10/2016
KIOKUMBA IRON ORE LTD SELL10/10/2016
Results Expected**
ExpectedCompany NameFin. Date
13/10/2016CMHAugust 2016 (Interim)
13/10/2016CMH PREFAugust 2016 (Interim)
13/10/2016EQUITESAugust 2016 (Interim)
13/10/2016VERIMARKAugust 2016 (Interim)
14/10/2016AH-VESTJune 2016 (Final)

Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
HOLDSPORT11/10/1606/12/1612/12/16ZAR 1.3000
MAS11/10/1625/10/1602/11/16EUR 0.0223
ATLEAF11/10/1601/11/1609/11/16GBP 0.0420
PHUMELELA07/10/1601/11/1607/11/16ZAR 0.7000
PSG KST06/10/1625/10/1631/10/16ZAR 0.0510
Ex Div**
Share NameDec-DateLDTPay-DateAmount
CAPITEC27/09/1611/10/1617/10/16ZAR 4.5000
SHFINV-PREF07/09/1611/10/1617/10/16ZAR 4.2400
A-V-I12/09/1611/10/1617/10/16ZAR 2.2000
SASFIN19/09/1611/10/1617/10/16ZAR 1.8882
ECSP C227/09/1611/10/1617/10/16ZAR 1.1123

Upcoming AGMs**
CodeCompany NameDateStatus
YYLBEEYeboYethu Ltd.14/10/2016Confirmed
TSHTsogo Sun Holdings Ltd.19/10/2016Confirmed
VLEValue Group Ltd.19/10/2016Confirmed
TWRTower Property Fund Ltd.19/10/2016Confirmed

Stock Exchange News Service
DateTimeHeadline
12/10/201617:38AMALGAMATED ELECTRONIC CORP LIMITED - Stellar \Amalgamated - Results of Scheme M...
12/10/201617:30HAMMERSON PLC - Notification of Transactions of Directors
12/10/201617:05JSE LIMITED - Informative Notice - 20161019 Intu Properties Plc Scrip Dividend
12/10/201617:00FREEDOM PROPERTY FUND LIMITED - Appointment of independent Non-Executive Directo...
12/10/201616:55CITY LODGE HOTELS LIMITED - Directors dealings in securities
12/10/201616:30ALLIED ELECTRONICS CORPORATION LIMITED - Altron Trading Statement
12/10/201616:11FORTRESS INCOME FUND LIMITED - TRP121: Notification of an acquisition of benefic...
12/10/201616:00WOOLWORTHS HOLDINGS LIMITED - Dealings in securities by directors
12/10/201616:00MURRAY & ROBERTS HOLDINGS LIMITED - Renewal of Cautionary Announcement
12/10/201615:56CPV POWER PLANT NO.1 BOND SPV (RF) LTD - Availability of Annual Financial Statem...
12/10/201615:45AVENG LIMITED - Postings of circulars and notice of general meetings
12/10/201615:35IVUZI INVESTMENTS LIMITED - IVA646 - Listing of Tap Issue
12/10/201615:30DEUTSCHE BANK AG LONDON - Deutsche Bank AG - Stub Expiry - DBNPNI
12/10/201615:29DEUTSCHE BANK AG LONDON - CANCELLATION OF S377252 Deutsche Bank AG - Stub Knock ...
12/10/201615:25CPV POWER PLANT NO.1 BOND SPV (RF) LTD - Availability of Annual Financial Result...
12/10/201614:52SOVEREIGN FOOD INVESTMENTS LIMITED - Takeover Special Committee hearing date
12/10/201614:50DEUTSCHE BANK AG LONDON - Deutsche Bank AG - Stub Knock Out - DBNPNI
12/10/201614:00AFRICAN EQUITY EMPOWERMENT INVESTMENTS LIMITED - Trading Statement
12/10/201614:00PSG GROUP LIMITED - Unaudited Results For The Six Months Ended 31 August 2016
12/10/201613:45CAPITAL & COUNTIES PROPERTIES PLC - Notification of Major Interests in Shares
12/10/201612:53SOUTH AFRICAN COAL MINING HLDGS LIMITED - Results of annual general meeting
12/10/201612:53SOUTH AFRICAN COAL MINING HLDGS LIMITED - Results of general meeting and finalis...
12/10/201611:50ADVANCED HEALTH LIMITED - Dealing by a director
12/10/201611:44TRENCOR LIMITED - Further trading statement
12/10/201611:35TEXTON PROPERTY FUND LIMITED - Quarterly Bulletin
12/10/201611:30THE SA NATIONAL ROADS AGENCY SOC LIMITED - HWF09 - Listing of Tap Issue
12/10/201610:30SIRIUS REAL ESTATE LIMITED - Notification Of Major Interest In Shares
12/10/201610:30SIRIUS REAL ESTATE LIMITED - Notification Of Major Interest In Shares
12/10/201610:22EXXARO RESOURCES LIMITED - EXX - Share Transactions
12/10/201610:20INVESTEC BANK LIMITED - REMIHL HED Treatment relating to REMGRO Limited Rights I...
12/10/201610:09STANDARD BANK OF SOUTH AFRICA LD - SCIB: The Standard Bank of South Africa Limit...
12/10/201609:49ARCELORMITTAL SOUTH AFRICA LIMITED - Dealings in securities by directors and com...
12/10/201609:40AFRICAN OXYGEN LIMITED - Notice of an acquisition of a beneficial interest
12/10/201609:19MERAFE RESOURCES LIMITED - Production Report for the Nine Months Ended 30 Septem...
12/10/201609:02PINNACLE HOLDINGS LIMITED - Datacentrix/Pinnacle Joint caution ann/expression of...
12/10/201609:00CORESHARES INDEX TRACKER MANAGERS (RF) PROPRIETARY LIMITED - Listing of 31 548 a...
12/10/201608:33MTN ZAKHELE (RF) LIMITED - Results of general meeting relating to MTN Zakhele's ...
12/10/201608:30ASCENDIS HEALTH LIMITED - Posting of Integrated Annual Report, No Change Stateme...
12/10/201608:00TASTE HOLDINGS LIMITED - Unaudited Condensed Consolidated Results for the six mo...
12/10/201608:00COAL OF AFRICA LIMITED - Directorate Change
12/10/201608:00ANHEUSER-BUSCH INBEV SA/NV - Anheuser-Busch InBev Announces Applicable Rate
12/10/201608:00DIAMONDCORP PLC - Lace diamond mine project and financial update
12/10/201607:05VERIMARK HOLDINGS LIMITED - Unaudited Condensed Consolidated Interim Results for...
12/10/201607:05AFRIMAT LIMITED - Trading update for the period ended 31 August 2016

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