Want to create an interactive transcript for this episode?
Podcast: WorldWide Markets with Simon Brown
Episode: JSE Direct 212: Where to invest offshore?
Description: Where to invest offshore?
Simon Shares
Pick n Pay (JSE code: PIK) results show the turn around is very
much working albeit the stock remains very expensive. But the
margins are still way to slim at 2% and less than half that of
Shoprite (JSE code: SHP). This has to be the focus going forward if
they have any hope of justifying the stretched valuation.
MTN is getting money out of Iran, reportedly USD1billion and
this certainly helps with the Nigerian fine, but once again this
comes from third party sources not from the company via...