Smalltalkdaily's JSE Top 5 & Bitcoin +81.55% YTD

Hi there, 👋🏽

What are some of the benefits of diversifying your portfolio?

In this edition:

Omnia’s revenue is up 24%: Agriculture and Mining sectors are dominating.

Smalltalkdaily’s Top 5: CMH, Montauk, Renergen, Afrimat and Afrimat.

Bitcoin Halving: Do you lose half your coins? Does it drop in value? And what does it mean?

In The News This Week 🗞

Local 🇿🇦

Omnia Holdings Limited

• Revenue increased +24% to R26,572 million.

  • Agriculture segment +31%.

  • Mining segment +28%.

  • Chemicals segment -8%.

• Operating profit increased by +19% to R1,899 million.

• Headline earnings per share jumped by 10% to 742 cents.

• Ordinary dividend of 375 cents was declared, representing a 36% increase.

• Net cash decreased by 23% to R1,818 million.

Stor-Age Property REIT Limited

• Same-store rental income +9.8% in South Africa +8.9% in the UK.

• Record-high same-store closing occupancy of 92.2% in South Africa and 85.4% in the UK.

• Net investment property value +12.2% to R10.4 billion.

• EPS -34.0% to 152.67 cents.

• Dividend per share +5.6% to 118.14 cents.

Mr Price Group Limited

• Group revenue +17.0% to R32.9 billion, aided by the acquisition of 70% of the Studio 88 Group.

• EBITDA +5.4% to R7.2 billion, impacted by loadshedding during the festive trading months.

• Basic earnings per share is down by 6.8%.

• A final dividend of 447.1 cents per share was declared, maintaining a 63% payout ratio.

Bitcoin

• Back over $30K.

• YTD growth: 81.55%.

• SEC approved the USA's first leveraged Bitcoin futures ETF. Read more here.

• BlackRock and WisdomTree recently filed applications with the SEC to launch spot Bitcoin ETFs. The regulator has approved a number of futures-based crypto ETFs but has not approved spot products.

Stock Spotlight 🔦

In this episode, Higgo sits down with Smalltalkdaily (a.k.a. Anthony Clark) to discuss his top 5 JSE stock picks. Watch the video below to hear the latest news, updates, and insights. Anthony’s top 5 picks start with CMH, an investment holding in the motor vehicle and rental space. On the gassy side of the JSE, his look at Montauk in biogas and Renergen's progression towards phase 2. Anthony gives more insight into the "deal of a century" that Afrimat secured. Finally, Argent... Find out why it's Higgo's second-biggest holding.

Listen to it on Spotify.

The Knowledge Nugget 🧠

The Bitcoin Halving