Jsedirect With Simon Brown

#270: ETF price wars

Informações:

Sinopsis

Simon Shares Finally, 5 weeks after moving my FTTH has been installed so I am going to Periscope each recording as it happens which is typically Wednesday afternoon.  Calgro M3* (JSE code: CGR) update on their missing SENS. Feeling is that the impact is marginal and will hardly hurt earnings? Time will tell, I still don't like asymmetrical information. Oakbay (JSE code: ORL) is delisting from the JSE as they can't find a sponsor. No surprises but real bad for any shareholders. Sygnia (JSE code: SYG) announced the details of the rights offer and it is at 900c but only for R160million as apposed to the expected R320million. So much less dilution, albeit also much lower price. Pubic Protector not fighting the SARB objection of her attempt to change its mandate. New emerging market ETF from Satrix Upcoming events JSE Power Hour: Recession proof stocks * I hold ungeared positions. ETF price wars With the new issue of ETFs from Satrix and Sygnia taking over the DB x-trackers (to be branded Itrax) we're seeing