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Simon's weekly wrap: SA Inc results and market winners


MONEYWEB
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Simon’s weekly wrap: SA Inc results and market winners
This week MoneywebNOW looked at surprisingly good SA Inc results, ‘risk on’ trade, Pick n Pay’s prospects, local stocks that could benefit from infrastructure spend, S&P’s rating of local active management, and more.
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After the long weekend I spoke with Deryck Janse van Rensburg from Anchor Capital on the SA Inc results we’ve seen so far, as the companies with periods ending December 2020 have now completed their results. He agrees that results were good, considering the pandemic. We also talked about the ‘risk on’ trade as the Nasdaq heads back to all-time highs as well as when we may see interest rate increases and the impact that could have on the markets. ....

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SA Inc results, the risk-on environment and possible interest-rate rises


SA Inc results, the risk-on environment and possible interest-rate rises
‘The world is bouncing back a lot quicker than people expected from a developed world perspective, and in the US in particular’ – Deryck Janse van Rensburg, Anchor Capital.
12:03 
SIMON BROWN: I’m chatting now with Deryck Janse van Rensburg from Anchor Capital. Deryck, morning. I appreciate your time after the long weekend. There are two points I want to touch on this morning. Firstly, we’ve seen the results largely come through for the December year-end for companies on the JSE: South African Inc results, our retailers and the like – how are they? My sense is [they’re] not a bad set of results, considering we had a pandemic last year. I think they mostly came out perhaps better than expected. ....

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