Monthly Archives
July 2018
why sa’s small-cap stocks are back in favour
In a market that perpetually favours the Top 40, reports showing that South African small-cap stocks are the cheapest in the world may prompt more interest in small and mid-cap counters.
But cheap doesn’t necessarily mean good value – especially if the share stays cheap. Nor does it mean that cheap shares will necessarily move to fair or full value.
12 July 2018
sa small-caps offer rich pickings
Companies that fall outside of the JSE’s 40 biggest firms, referred to as small-and mid-cap stocks, are among the cheapest in the world, but investors are largely ignoring them despite prospects for juicy returns, says Keith McLachlan, a fund manager at AlphaWealth.
SA’s small-cap sector was trading at almost the same lows experienced during the global financial crisis, McLachlan, a small-cap specialist, told Business Day on Wednesday.
the rocky road to small- cap redemption
Value distortion is creating opportunities.
An investor looking at the JSE today is really looking at two distinct markets. There are the large-cap stocks, which are generally multinational companies that earn the majority of their revenues outside of the country, and the mid and small caps that are predominantly dependent on the South African economy.
4 July 2018
the rocky road to small-cap redemption
By: Patrick Cairns Source: MoneyWeb Instant Magazine Value distortion is creating opportunities. An investor looking at the JSE today is really looking…
