Simon Shares * Save R500k with a deposit. * ETF closing prices are an absolute mess. * Cashbuild (JSE code: CSB) results see them coming back to earth after a pandemic boost. * Education stocks all published results. ADvTECH (JSE code: ADH) is my pick, but all showing student growth and cash generation. * Shoprite (JSE code: SHP) gets permission to turn their money market account into a bank account. Grindrod (JSE code: GND) currently runs the service for Shoprite and African Bank is buying Grindrod Bank. * Walmart (NYSE code: WMT) is set to make an offer to the Massmart (JSE code: MSM) minorities for the remaining 47% at 6800c. * Netflix (Nasdaq code: NFLX) plans to price its ad-supported plan at $7-to-$9 per month with about 4 minutes of adverts per hour. * Purple Group (JSE code: PPE) back at 203c, always be very careful of casing a news story (the Asia deal announced last week with very few details). * Tsogo Sun Hotels (JSE code: TGO) changes its name on 7 September. They will become Southern Sun Limited (JSE code: SSU). * UK inflation, Goldman Sachs now saying 22% is possible next year. * Sun International (JSE code: SUI) strong results. Consumers under pressure shouldn't hurt too much as they mostly target higher LSMs and they paid the first dividend (88c) since 2016. Currently, ±3200c is resistance.
Greylisting Financial Action Task Force (FATF)
Our deadline is September/October after being put on the watch list last year.
The important questions; * Will we get greylisted? * What happens if we do? * If greylisted, how do we get off the list?