Money Matters: Post Heritage Day Blues Tuesday, 25 September 2012

Technical Market Overview Top Down Approach Money Matters Recap Feedback from last month’s meeting Top 5 Technical Trade Ideas Technical analysis Top 5 Investment opportunities Fundamental analysis Summary ConclusionAgenda

International Markets Bullish Support Resistance Resistance

Brent Oil & Gold $ Bullish Resistance Support Resistance Resistance Support Support Resistance Bullish

Exchange Rates US$ Strength US$ Strength Support Resistance Resistance Resistance Channel Triangle Support ZAR Weakness ZAR Weakness

Local Markets Bullish Bullish Support Resistance Resistance Support

JSE Resources 20 Bullish Bullish Resistance Resistance Support

Trade Ideas

 FirstRand (FSR)  Gold Fields (GFI)  BATS (BTI)  Aspen (APN) Previous Trade Ideas

FirstRand (FSR) Instrument: CFD / SSF Direction: Sell / Short Entry: Take Profit: Stop loss: 29.25

Firstrand (FSR) We cut the trade early but original TP reached

Gold Fields (GFI) Instrument: CFD / SSF Direction: Sell / Short Entry: Take Profit: Stop loss:

Gold Fields (GFI) We revised our TP but original TP reach

BATS (BTI) Instrument: CFD / SSF Direction: Buy / Long Entry: Take Profit: Stop loss:

BATS (BTI) SL triggered

Aspen (APN) Instrument: CFD / SSF Direction: Buy / Long Entry: Take Profit: Stop loss:

Aspen (APN) Moving sideways – key resistance broken today

The Stockbroker

Open Trade Ideas Open DateStockDirectionEntryTake ProfitStoplossYesterday CloseP&L % APNLong JDGShort DSYLong IPLLong excluding ZAR380c div NTCShort ACLShort ASALong BAWShort

Open trade Ideas 26.54%

 Stanbank(SBK)  Imperial(IPL)  Sasol (SOL)  Barloworld (BAW) ** morning trade idea  Tiger Brands Ltd (TBS) Trade Spotlight

Stanbank (SBK) Long / Buy – Break above 10650c

Imperial Holdings (IPL) Long / Buy Dividend – 380c

Sasol (SOL) Long / Buy – 36500c Dividend in Oct (8/10/2012) for 1180c Long / Buy – 36500c

Barloworld (BAW) Instrument: CFD / SSF Direction: Short / Sell Entry: Take Profit: Stop loss: 78.50

Tiger Brands (TBS) Long / Buy

Fundamentals & Share picks PSG Online

Fundamentals & Share picks

MTN Group (MTN)

Market Capitalisation = R million (12/09/2012) Revenue grew 17% to R66.4-billion Total subscriber base increased by 6.9% to 176-million. Airtime & subscription revenue grew by 12.5% –Remains biggest contributor to total revenue at 63.2% (2011: 66%) Data revenue increased by 69.6% –Contributed 10% (2011: 7%) to group revenue SMS revenue grew 25.4% Headline earnings & HEPS grew by 14% to R9.9-billion, and cents respectively. Net dividend (After DWT) of cps Dividend Yield = 5.3% MTN Group (MTN) (Highlights)

MTN Group (MTN)

Sasol (SOL)

Market Capitalisation = R million (12/09/2012) Revenue grew 19% to R169-billion –Average crude oil & product prices increased by 17% –Rand/ USD weakened by 11% Headline earnings grew by 25% to R25.5-billion HEPS improved by 19% from 3385 cents to 4228 cents. Final dividend (After DWT) of cps Dividend Yield = 4.7% Sasol (SOL) (Highlights)

Sasol (SOL)

Cashbuild (CSB)

Market Capitalisation = R3.862-million (21/09/2012) Revenue grew 11% to R6.3-billion Headline earnings grew by 26% Basic EPS jumped 91% higher to cents Net dividend (After DWT) of cps –96% higher Dividend Yield = 3.6% Cashbuild (CSB) (Highlights)

Cashbuild (CSB)

Peregrine (PGR)

Market Capitalisation = R2.576-million (05/09/2012) Operating revenue grew 4% to R1.5-billion HEPS increased by 12% from cents to cents Final dividend of 72 cps (106% higher) –Distribution of 3.5 CIL shares for every 100 PGR shares Dividend Yield = 6% Peregrine (PGR) (Highlights)

Peregrine (PGR)

Foneworx (FWX)

Market Capitalisation = R245-million (14/09/2012) Revenue grew 8% to R98.6-million Headline earnings grew by 15% to R22.4-million HEPS increased by 14% to cents Year-end dividend will be declared at a later date Foneworx (FWX) (Highlights)

Foneworx (FWX)

MTN Group (MTN) –Buy Sasol (SOL) –Buy Cashbuild (CSB) –Hold Peregrine (PGR) –Buy LT Foneworx (FWX) –Spec Buy Summary: Fundamental Picks

Fundamental Analysis –Value & Quality Simple Trend Analysis –Price Action / Support & Resistance –Overbought / Oversold levels Money Matters presentation on FaceBook! Facebook –Like! Like! Like! –Comments! Next Money Matters Meeting: –Tuesday, 30 October 2012 Good Luck & Happy Trading!Conclusion

Contact us Travis Robson (011) Lawrence Marshall (011) Shaun van den Berg (011)

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