Is a Lower Inflation target a Bad Idea? Is Afrimat Offering Value?

🌍 This week on Worldwide Markets, Simon dives into a packed show covering inflation, earnings, property deals, and opportunities in local stocks. Powered by Standard Bank Global Markets and Shyft — your gateway to global investing. 🌐💸

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📉 Inflation Target Cut – A Bad Idea?
• SA may shift to a 3% inflation target 📊
• Risks of higher interest rates 😬
• Real rates already sky-high 🚀

💵 Weaker US Dollar & Tech Gains
• Trump’s weaker dollar policy in motion 🇺🇸📉
• MAG7 & Nasdaq benefit: 49%+ offshore revenue 🖥️🌐
• S&P 500 and Russell 2000 lag

🏢 Sibanye-Stillwater* Diversifies
• Buys US recycling business ♻️
• Adds silver, copper, and skills 🪙🔧
• Expands beyond PGMs and gold

🪙 Voltara & PGMs Running Hot
• Valterra Platinum update reflects flood damage & weak past PGM prices 🌊
• But platinum & palladium now breaking resistance levels 📈🔥

🏬 Hyprop’s Bid for MAS PLC
• Cash or shares deal (R24 or Hyprop stock) 💰
• Hyprop focuses on Western Cape & Eastern Europe 🏖️🌍
• Deal may not be in MAS shareholders’ best interest ❓

🪨 Afrimat: Value at R45?
• Price on long-term support line 📉🧱
• Concerns: iron ore, Lafarge deal, site near Mozambique 🇲🇿
• Van Heerden’s track record solid 💼💪
• Forward PE ~11, below decade mean 🔍

🧪 New ETF Database (Beta)
• Search by issuer, classification, TER & more 🔍📊
• Explore at justonelap.com/etfdatabase 🧱📂
• Feedback welcome!

📜 SA Budget Drama
• Multi-party politics = budget complexity 🧠
• Education budget almost derailed ❗

Simon Brown

* I hold ungeared positions.

All charts by KoyFin | Get 10% off your order

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