Want to create an interactive transcript for this episode?
Podcast: WorldWide Markets with Simon Brown
Episode: JSE Direct 196: How to become a fund manager
Description: Simon Shares
Astoria (JSE code: ARA) listed yesterday and traded pretty much inline with net asset value (NAV) of USD1.00. I hold and like it very much. But it could be a tough year for the stock if Rand strengthens and US markets slow.
Balwin (JSE code: BWN) published their first set of results as a listed company, for the six months ending August. Really strong numbers but one confusing comment from management was that the second half of the year is seasonally stronger than the first. yet this is over the Christmas holidays when builders shut down...