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Trading index futures; ALSI & ALMI (#593)
Episode 593

Trading index futures; ALSI & ALMI (#593)

WorldWide Markets with Simon Brown · JustOneLap.com

June 26, 202421m 14s

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Show Notes

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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