Jsedirect With Simon Brown

JSEDirect 188: Listing boom, should we worry?

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Sinopsis

Simon Shares Lots of new listings hitting the JSE. Here's my 5 words on each. Sygnia - have applied and will sell Balwin - also applied and will hold Waco - bad sector, stay far away Trellidor - why owners selling if great? Capital Appreciation - SPACS not my investment style Capital and Regional - prefer property via an ETF Platinum stocks are all over the place, Lonmin (JSE Code: LON) has doubled since low of 29 September 2015. Aquarius Platinum (JSE code: AQP) is being bought by Sibanye Gold (JSE code: SGL) and Implats (JSE Code: IMP) has raised their R4billion just below current share price. But sector remains tough. The bounce is in part from very over sold and rumours of more deals. Craig Gradidge, Investment and Retirement Planning Specialist at Gradidge Mahura InvestmentsA question from Sharon (below) asked the question, how much to save for retirement? The immediate answer seems easy, the often touted 15%. But is that true? Surely as we're all different we all need different answers? So Craig he