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Podcast: WorldWide Markets with Simon Brown
Episode: #262: How to trust your trading system
Description: Simon Shares Shoprite* (JSE code: SHP) announced that former CEO Basson would be exercising a put option to company forcing it to buy back some R1.8billion of Shoprite shares. No problem, except did we know about this put structure? They say it was part of his December 2003 employment contract, but the annual reports of 2003/4/5 make no mention of it? Adcorp (JSE code: ADR), horror update. They are really struggling. Metrofile* (JSE code: MFL). Everybody wants to know if I am selling, why would I be selling? Just because the price is down? Rational Intuitive, what type of...