Trading index futures; ALSI & ALMI (#593)

JSE Direct with Simon Brown

Key Takeaways

• MultiChoice Trading Opportunity: Potential for profit if the Canal+ deal goes through, despite current low stock prices.
• Futures Trading: Importance of understanding margin, liquidity, and strategy when trading ALSI and ALMI futures.
• Market Conditions: Current cheap valuation of SA Inc stocks presents opportunities, pending political stability and cabinet announcements.

MultiChoice Mis-pricing:

• Discussion on the 125 Rand mandatory offer from Canal+ for MultiChoice.
• Current stock trading at 102 Rand due to poor financial results.
• Analysis of Canal+'s offer document, potential deal completion, and possible trading opportunities.

Index Futures - ALSI and ALMI:

• Detailed overview of trading ALSI (All Share Index) and ALMI (All Share Index Mini) futures.
• Explanation of points trading, margin requirements, and contract specifics.
• Tips on trading strategies, including liquidity considerations and handling overnight gaps.
• Trading as a side hustle, watch the video.

Market and Stock Updates:

• Cabinet Announcement Awaited: Market reactions and fluctuations in the Rand.
• Individual Stocks: Analysis of Mr. Price*, Foschini Group*, Nedbank, Spur, and CMH*.
• Banking Sector: Observations on price to book ratios and the overall market valuation of SA Inc stocks.

Simon Brown

All charts by KoyFin | Get 10% off your order

* I hold ungeared positions.

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