Good News for ZEDER

ZED

ZED - Zeder - Cautionary Announcement

Zeder Investments Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/019240/06)
JSE share code: ZED & ISIN: ZAE000088431
("Zeder" or "the company")
CAUTIONARY ANNOUNCEMENT
Shareholders of the company are advised that it has entered into
negotiations which, if successfully concluded, may have an effect on the
share price of the company. Shareholders are accordingly advised to
exercise caution when dealing in the company's shares until a further
announcement is released in this regard.
Stellenbosch
13 June 2007
PSG Capital (Pty) Limited
Sponsor to Zeder
Date: 13/06/2007 15:07:28 Produced by the JSE SENS Department.

GND / GNDP – Grindrod Limited – Directors Share Dealings

DIRECTORS SHARE DEALINGS

1. Director : W M Grindrod
Nature of transaction : Sale of shares
Nature of interest : Indirect non-beneficial
Date, price amount : As scheduled below
Clearance obtained : Yes
Class of Share : Grindrod Ordinary Shares
Date Price No. of shares
11 June 2007 R23,75 265 000
12 June 2007 R23,75 41 000
12 June 2007
Date: 12/06/2007 17:31:30 Produced by the JSE SENS Department.

Investments on the Johannesburg stock exchange

GND – Grindrod Limited – Directors Share Dealings

Nature of transaction : Zero premium collar to mature as scheduled below
Nature of interest : Indirect beneficial
Date, price amount : As scheduled below
Clearance obtained : Yes
Class of Share : Grindrod Ordinary Shares
Date Initial Price Cap Price No. of shares Maturity date
8 June 2007 R23,48 R28,23 500 000 8 June 2009
12 June 2007
Date: 12/06/2007 08:36:20 Produced by the JSE SENS Department

Investments on the Johannesburg stock exchange

My Equity Report

After Friday’s downturn, things are looking up again. My total portfolio will be effected by the trade in Chromentco so I wont list it today

					Daily Statistics
Share Name	Price	Yesterday	Diff	%	High	Low	Deals	Vol	Value
AFDAWN	245	240	5	2.08	245	237	36	269,803	644,829
CADIZ	512	505	7	1.39	520	512	30	162,242	833,924
GRINDROD	2375	2329	46	1.98	2400	2350	228	986,854	23,477,257
S.OCEAN	780	780	0	0.00	780	765	18	88,475	683,027
ZEDER	270	268	2	0.75	270	265	53	450,123	1,206,330

Investments on the Johannesburg stock exchange

SASOL rated amoung top 10 Stocks to buy worldwide by stocksandblogs.com

Sasol (Source: stocksandblogs.com)

Sasol is a lesser known energy giant, which has developed world-leading technology for the commercial production of synthetic fuels and chemicals from low-grade coal as well as the conversion of natural gas to environment-friendly fuels and chemicals. Along with oil and natural gas, the company also produces diesel and liquid gas. Headquartered in South Africa, SSL has access to the growing Africa markets, and maintains a steady presence in Europe, Asia and Australia. Currently, the stock trades at less than 10 times earnings, and offers a $2.50 dividend. The company has a dominant position in the business of converting coal to gas and is one of the few players that can do it well. With coal in abundance (and Sasol owns coal reserves all over Africa), the process of using coal for gas is a fruitful and profitable venture with a bright future. Apparently, SSL’s management thinks so because the company recently bought back 1.2% of their outstanding shares at under $33 per share as part of a 3% share re-purchase program. The stock is down 10% from a recent high of around $39.50 due to some problems at their Oryx GTL (gas-to-liquid) plant in Qatar, but these issues will be fixed soon.

According to Motley Fool:

• In 2006, Sasol pulled in roughly $2 billion in net income from continuing operations on roughly $10 billion in revenues.
• The company, which operates in 30 countries and recently opened offices in China and India, sees its patented gas-to-liquid (GTL) and coal-to-liquid (CTL) technologies as a potentially huge driver of long-term growth.
• The CTL technology, in particular, could catch on in the U.S. given our vast coal deposits, growing desire for energy independence, and sustained high energy prices.
• Sasol has been in talks with at least two U.S. governors of coal-rich states who have expressed an interest in Sasol’s patented CTL technologies. Should the technology gain traction in the U.S., Sasol’s shareholders would likely be richly rewarded.

In addition, Sasol has an enviable return on equity of greater than 27% and a PEG ratio of 0.7. The stock is a buy at these levels.

Investments on the Johannesburg stock exchange

JSE recovering bit today

The JSE recovering quite a bit today :-). Not back Thursdays levels but recovering. So here from this observation, can we follow a trade strategy of buying on a Friday and selling on a Monday. I wonder if there are any theoretical background on this?

please note this is a live graph not reflecting the index as of 11.06.2007 :

here’s a little report on from wwww.psg-online.com

Gold firms, fickle markets bounce back (8.50am) 11 June 2007

In New York stocks rallied on Friday at the end of a tough week on Wall Street in which worries about inflation and rising interest rates sent the major indices tumbling for 3 straight sessions – on Tuesday, Wednesday and Thursday. The UK’s FTSE 100 index of leading shares pared losses in late choppy trade to end Friday’s session flat as rising US stocks soothed a market fretting over interest rates. European stocks inched lower on Friday, falling for a 5th straight day as worries over interest rates and rising bond yields lingered, but mergers and acquisition fever over a few bank stocks helped cushion the fall. Stocks across the Asia-Pacific region gained for the 1st time in 3 days after a report today showed Japan raised its 1st-quarter economic growth estimate. South Korea’s Kospi index was the only benchmark in the region to fall. Australia and the Philippines are closed today for holidays. The price of crude oil was little changed in New York after falling last week on increasing US stockpiles and speculation rising interest rates may slow commodity demand. Cash gold rose on Monday as bargain hunters lifted the metal from its lowest level in nearly 3 months that was hit on Friday, while Tokyo gold futures slipped to a 2-week low on a decline in New York COMEX gold. The Rand is slightly firmer in early trading today as at 08.40am

Investments on the Johannesburg stock exchange

African Dawn Capital Limited – Directors dealing in securities

It’s really surprising how much directors dealing is taking place in this company. (click on the headline to see more info). feel free to leave a comment if you have any questions about South Africa or the stock market.

as for the market as a whole, ouch is all that I can say. down 1.75%

FTSE JSE/Africa Index Series ALL SHARE 28,062 -492.48 -1.75

I would wait until Monday or the first sign of recovery before I buy, also this might be a good opportunity to pick op some lovely cheap shares

Investments on the Johannesburg stock exchange

GLOBAL RED TSUNAMI HEADED FOR JSE (8.450am) 08 JUNE 2007

Ouch this might hurt the JSE overall. if anybody is riding the waves as a alternative investment, do so carefully. all share 0.90% down from yesterdays close, if the market follows the same patterns as the last few weeks we might see it recovering again in a day or to. is it just me or does the market always seem to be a bit down on Fridays, I know traditionally institutions take their profits on Fridays, hence maybe the best day to buy. otherwise SIM is also up another 1.2%. I wish I had capital, I wish I had capital.

btw, thanks to those of you clicking on the sponsored links. I am considering donating half my advertising earnings to charity or investing it with the largest persentage of returns gonging to a charity i South Africa.

at 10:15

source (www.psg-online.co.za)

New York

Stocks tumbled for a 3rd straight day on Thursday as surging Treasury yields, higher mortgage rates and hawkish comments from bond guru Bill Gross exacerbated bets on Wall Street that the Federal Reserve may have to raise interest rates later this year. The Dow Jones industrial average tumbled nearly 200 points, or 1.48%, bringing its 3-day loss to 413 points, or about 3%. The broader S&P 500 index sank nearly 1.8%, or 3.2% for the 3-day period. The tech-driven NASDAQ composite index plunged 1.77% on Thursday and has lost roughly 3% for the 3 days. The Russell 2000 small-cap index plunged 1.9% on Thursday and lost 3.5% for the 3 days. “This is the summer correction everyone’s been looking for,” said Tim Hartzell, CIO, Kanaly Trust Company. He was referring to expectations on Wall Street that the rally was due for a bit of a pullback – and the seasonal tendency for summer to bring sub-par stock returns, due to low trading volume and more volatility. Hartzell said the rally ha!
d been vulnerable to this kind of a retreat in mid-May, but then got recharged by “the speeding car that is private equity.” He said that after the summer, he still expects to see the classic 4th-quarter stock market run-up. After scratching out modest gains on Monday, stocks fell sharply on Tuesday, Wednesday and Thursday as investors bet that interest rates are set to rise, before they fall. Sparking the bets were cautious comments from Federal Reserve officials, signs of rising inflation and surging borrowing costs both at home and abroad. PIMCO’s Bill Gross added fuel to the fire late Thursday when he said that the bond market is entering a bear market. “Based on the last employment report and other recent economic info, it’s clear that we are not getting an interest rate cut anytime soon,” said Charles White, chief strategist at ThomasLloyd Global Asset Management. “We’ve got crude up at probably $70/barrel in a few months and we saw a big technical support in the 10-y!
ear note yield give way today.” White said that all these factors were
dragging on stocks on Thursday and could leave the S&P 500 ultimately down more than 5% from its recent high by the time the losses dry up. However, he said he would be surprised if the sell-off proved to be more than that. That’s partly because the declines were not unexpected considering the recent run-up that sent the Dow, S&P 500 and Russell 2000 to all-time highs, and the NASDAQ to a 6-year high.ad_channel =

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Since tumbling in late February and early March on worries about slower global growth, stocks have been on the rise, thanks to better than expected earnings, corporate deals and stock buyback plans. Those developments remain in place and are likely to keep a floor on any stock sell-off in the weeks ahead. “If you’re a bear, you don’t have a whole lot of ammo,” White said. “LBO’s and stock buybacks go on. There’s ample money out there. From a supply and demand standpoint, there’s still support for US equities.” Treasury prices slumped on bets that the Federal Reserve is more likely to boost rates before cutting them. In addition, bond investors were reacting to a jump in mortgage rates to a 10-month high. The slide boosted the yield on the benchmark 10-year note to 5.13% from 4.96% late on Wednesday, making Thursday the 1st day the 10-year note has surpassed 5%, a key psychological level, since last summer. The yield briefly hit 5.14%, an 11-month high. Bond prices and yields!
move in opposite directions. The run up in bond yields both raises rate hike worries and the threat of bonds becoming a more competitive investment than stocks. In currency trading, the Dollar rose versus the Euro and the Yen. US light crude oil for July delivery jumped 97 cents to settle at $66.93/barrel on the New York Mercantile Exchange over concerns about exports from the Middle East after Turkish troops raided Iraq. COMEX gold for July delivery fell $9.40 to settle at $665.20 an ounce, falling with other Dollar-traded commodities. In economic news, April wholesale inventories rose 0.3%, as expected, after climbing 0.4% the previous month. Market breadth was negative. On the New York Stock Exchange, losers beat winners by 11 to 1 on volume of 1.91-bn shares. On the NASDAQ, decliners topped advancers by nearly 4 to 1 on volume of 2.38-bn shares. Stock declines were broad based, with all 30 Dow stocks sliding. Rate-sensitive stocks continued to slump for the 3rd session!
, with the Dow Jones Utilities average losing 3.3%. Homebuilders slump
ed on the rise in interest rates and in response to a warning that 2007 results won’t meet estimates due to weaker than expected April and May sales. Stock investors also perused a variety of May sales reports from the nation’s retail chains. In general, sales rebounded modestly from April’s weakness, thanks to warmer weather and early summer discounts. But spiking gas prices took a chunk out of any recovery.

Investments on the Johannesburg stock exchange

JSE ends flat but banks see wee recovery

(www.businessday.co.za) THE JSE ended virtually unchanged yesterday , but banks staged a slight recovery after the South African Reserve Bank (SARB), as widely expected, hiked rates by 50 basis points.

The all share index ended 0,05% higher. Resources gained 0,47%, the platinum mining index was up 2,49% but the gold mining index fell 0,72%.

Industrials lost 0,35%, financials weakened 0,08% but banks picked up 1,18%.

One trader said that SARB’s decision to hike rates by 50 basis was not considered as a nonevent because some investors may have been expecting a 100 basis point hike.

“Although SARB governor Tito Mboweni came across as hawkish, he mentioned that inflationary pressures took place against a backdrop of healthy economic growth,” the trader said.

The SARB’s monetary policy committee (MPC) yesterday decided to increase the repo rate to 9,5% in line with consensus expectations.

Banking group Absa was up 1,68% to R136,25, Standard Bank added 1,50% to R105, and FirstRand was up 1,10% to R23.

Boosted by solid gains in the platinum price during the session, miner Impala Platinum soared 4,47% to R234,01 and Anglo Platinum was up R5,50 to R1198. But Lonmin fell R4,52 to R533,99.

On the resources index Anglo American gave up R2,14 to R418,86, while BHP Billiton added 1,36% to R183,25. Synfuels producer Sasol fell R1,25 to R250.

Gold miners fell, tracing a slide in the bullion price, with AngloGold Ashanti slipping 1,18% to R297,50 and Gold Fields losing 1,01% to R117,75.

Heavyweight industrial group Barloworld added R1,50 to R198,50, brewer SABMiller was off 8c at R169,42, and consumer goods group Tiger Brands gained 70c to R180,20.

South African near-dated futures ended 88 points in the red after a topsy-turvy day yesterday characterised by general weakness on a 50 basis point rates increase and poorer US markets. The near-dated Alsi contract ended down 0,34% at 25625.

“It has been volatile as we were up slightly in the morning, but saw a relative sell-off towards the MPC decision,” a futures dealer said.

“There was a lack of direction and the market is not very strong. The Dow Jones and S&P are also not looking good,” the dealer said.

A Safex official said a total of 47198 Alsi contracts traded compared with 25685 on Wednesday.

South African white maize futures closed lower yesterday as traders followed in the footsteps of the Chicago Board of Trade (CBOT) overnight.

“There has been little news, so we followed CBOT,” a Johannesburg-based trader said.

The trader said that it was difficult to tell the market’s next move, as it remained tied to movements on CBOT.

“It’s not easy to say where we will go from here, but we are looking at the harvesting progress for clues,” the trader said.

According to the latest harvest report by the South African Grain Information Service, farmers have already harvested 1,8-million tons of maize since the beginning of last month.

SA, the continent’s biggest maize producer, is set to produce 7,05-million tons of maize.

The benchmark July white maize contract fell R15 to R1745 a ton and December white maize was down R16 to R1835. July wheat gave up R19 to R2451 and December wheat was declined R21 to R2146.

Dow Jones newswires reported that CBOT maize futures settled lower yesterday, pressured by lower wheat and soybean values as corn continued its recent role as a follower of the other grains. I-Net Bridge

Investments on the Johannesburg stock exchange

SA’s booming economy lures immigrants

A article found on iol.co.za has a look at a alternative look at the booming south African ecomomy

Source (iol.co.za) As long as South Africa’s economy continues to boom, immigrants from neighbouring states would continue to flood the country, Home Affairs Minister Nosiviwe Mapisa-Nqakula said on Thursday. Addressing MPs during her budget vote debate, Mapisa-Nqakula said economic migration was an international phenomenon confronting every region of the globe. “There is not a country in the world which does not face an influx from its neighbours if it is economically more stable. “It is logical that our economy would be a magnet for economic migrants from the region,” she said. Mapisa-Nqakula, who was speaking against the backdrop of mounting concerns on the growing number of refugees in the country, particularly Zimbabwean citizens, reminded MPs about the important role played by migrant workers in the development of the country’s economy. “South Africa has long relied on those workers to help build our economy,” she said. However, Mapisa-Nqakula said this did not mean the department was absolving itself from the responsibility to enforce the country’s immigration laws. “That is not to say that we should invite or even tolerate a free for all. “As Home Affairs we have a role in regulating the status of those who come from other countries looking for work and in administering the protection the law offers to genuine asylum seekers.” The backlog in the processing of asylum seekers’ permanent residence applications, Mapisa-Nqakula said, would soon be a thing of the past. “Already, we are able to report that since our last budget debate we have been able to clear the backlog of 13 000 applications for permanent residences,” she said. – Sapa

Investments on the Johannesburg stock exchange