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Testimonials: Feedback Received On Research and Ideas (Not Comprehensive)

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"As we head into the festive season I’d like to send a shout out to our Investment Strategist Lester Davids who I brought onto the team nearly 6+ months ago. He was worked above and beyond to put out the highest quality of charting and analysis out there, we can all agree at some juncture we have seen one of his calls and traded it PA. Lester is contacted daily by Bloomberg and Reuters for comment and thus all our clients should feel rest assured we have one of the best Sales Teams in SA at present with our winning trade calls  locally and abroad hitting nearly 70% success rate. Well Done Lester." - Ex-Institutional Trader for a R130bn Boutique Asset Manager and a later a co-head of a CPT based Hedge Fund . (21 December 2021). Hi Lester, I trust you're doing well. I just wanted to commend you for all your analysis you keep putting out. You don't get enough recognition at all and it is just brilliant! Thanks for all the hard work - Sales Trader at IG SA ( 04...
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How I Avoided A 30% Decline in JSE Retail Shares

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Update on 29 March 2020 From the initially recommended levels:  MRP declined by 65% to it's recent low. MSM declined by 85% to it's recent low. _________________________________________________________________________________ If there’s one thing that is a constant in financial markets, is that emotions have and will always be a huge driver of prices. That being said, the patriarch of value investing, Ben Graham, once said, “In the short run the market is a voting machine, but in the long run it is a weighing machine.” While companies are run by management teams that are highly competent and businesses display quality characteristics, share prices are often bid up to levels that are unsustainable, creating significant downside risk to those who buy at lofty (sometimes very) levels. One sector of the South African equity market that I have managed to avoid and most importantly protect capital has been the JSE retail sector. During March 2018, at the p...
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Technical Overview of Salmar - You Could Get This One Cheaper

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 Last Close of Salmar: NOK431.60 Tonight (15-January 2019), I decided to tune into the latest episode of Stockwatch, a business television programme that is aired Mondays to Thursdays here is South Africa. Basically, the program features prominent investment industry personalities that discuss the daily developments on the JSE and global markets. At the end of each episode, the professionals recommend 1 share that viewers could consider as a buy (or sell). This evening we had one of the absolute best and top performing hedge managers in SA , Jean-Pierre Verster (Fairtree Capital) recommending Norwegian-based Salmar as a BUY. Naturally I had a look at the share chart, upon which I made the following conclusions regarding the share's technical position. Since listing in 2013, the share has been in a strong upward trend, appreciating from the early NOK50s to it's recent high of NOK519, which was reached in November 2018. Since then the share has retraced in the form of a ...
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