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Podcast: WorldWide Markets with Simon Brown
Episode: Retail updates (#411)
Description: "This week's episode of JSE Direct is courtesy of Outvest, our preferred supplier in retirement products." Simon Shares Day 132 of lockdown and Covid-19, new cases definitely on the decline. Pick 'n Pay (JSE code: PIK) update was somewhat of a horror show, but I'm not sure what the market was expecting. It is for the period of lockdown and includes a voluntary retrenchment that cost the company. The Shoprite* (JSE code: SHP) on the other hand was for a full year to end June, so only three months of lockdown. Solid update and they're...