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Podcast: WorldWide Markets with Simon Brown
Episode: Is Thungela still a buy? (#507)
Description: Simon Shares BHP Group* (JSE code: BHG) results, have we peaked? Absa (JSE code: ABG) results, but maybe the ore important point of the results is their expectation that prime will hit 11% early in 2023. Chip shortage seems to be easing. Nasdaq is in a bull market, +20% off mid-June lows. Brent oil falling. Current petrol price reduction is 260c for September. UK inflation is 10.1% for July. Charles Savage tells us his fav ETFs Rochelle Writes, pay down debt or save more with high rates. Thungela resources (JSE code: TGA) still a buy? R60 dividend, 40% forward DY<...