Exodus at JSE

Jan

Jan

Who's the Boss?
Staff member
Joined
May 24, 2010
Messages
14,789
Reaction score
13,438
Location
The Rabbit Hole
Big JSE exodus

The Johannesburg Stock Exchange (JSE) is facing a big problem — many companies are delisting from the exchange with very few new listings to make up for the decline.

The JSE’s latest financial results revealed 25 companies delisted from the JSE in 2021. It follows 20 delistings in 2020 and 24 delistings in 2019.
 
Jan said:
Big JSE exodus

The Johannesburg Stock Exchange (JSE) is facing a big problem — many companies are delisting from the exchange with very few new listings to make up for the decline.

The JSE’s latest financial results revealed 25 companies delisted from the JSE in 2021. It follows 20 delistings in 2020 and 24 delistings in 2019.
Click to expand...

This is extremely bad for local investors. With only a couple hundred companies left on the exchange and losing on average 20 a year, things may not look good in the future. Also, no new companies replacing those delisting.
 
rvZA said:
This is extremely bad for local investors. With only a couple hundred companies left on the exchange and losing on average 20 a year, things may not look good in the future. Also, no new companies replacing those delisting.
Click to expand...

All the more reason to invest overseas. It's never been easier.
 
Why subject yourself to the whims of massive market manipulators and predatory public investment firms, when you can source funding from a source that is more likely to understand you business?
 
rvZA said:
This is extremely bad for local investors. With only a couple hundred companies left on the exchange and losing on average 20 a year, things may not look good in the future. Also, no new companies replacing those delisting.
Click to expand...
Also for any pension funds and RAs. Regulation 28 should be uplifted and National Treasury executives burned at the stake for the piece of **** that it is.
 
deweyzeph said:
All the more reason to invest overseas. It's never been easier.
Click to expand...
Regulation 28 pretty much prevents that. One is forced to invest 70% of your pension/provident/RA into the local economy and if your employer is making the deductions one can't even decide to take the tax knock and invest offshore in non-retirement products.
 
RonSwanson said:
Also for any pension funds and RAs. Regulation 28 should be uplifted and National Treasury executives burned at the stake for the piece of **** that it is.
Click to expand...

Yes, correct.
 
Is there perhaps one prediction that forecasts some future good for this country? Just one? Man alive, every single metric is pointing Into the toilet.... What carnage.
 
rvZA said:
This is extremely bad for local investors. With only a couple hundred companies left on the exchange and losing on average 20 a year, things may not look good in the future. Also, no new companies replacing those delisting.
Click to expand...
When the top 40 delist sure. These aren't big ones. They should've stayed or gone to AltX.
 
Kodi said:
Is there perhaps one prediction that forecasts some future good for this country? Just one? Man alive, every single metric is pointing Into the toilet.... What carnage.
Click to expand...

businesstech.co.za

Good news for 2022 car sales in South Africa

Vehicle sales in 2022 are projected to continue on a positive trend as the South African automotive industry shows resilience.
businesstech.co.za businesstech.co.za

The South African motor industry is off to a strong start in 2022 with total vehicle sales in January at 41,382 units – up 19.5% on the same period last year, said Mark Dommissee, chairperson of the National Automobile Dealers’ Association (NADA).
 
backstreetboy said:
You made it sound like you're stuck here. Go fight in the war.
Click to expand...
I keep hearing these "go to Europe" insults slung at white south africans who have any kind of criticism, hell even an unpopular opinion to express. It has just become THAT easy, hasn't it?

If the guavament would only arrange for me to get entry into my country of "origin", I would be outta here in a flash. Funny thing is, if this offer were to be extended to all the whities left, I'm not sure there would be many whities left. The ANC are even looking around a bit wide-eyed going "heeeeey, where'd all those bank-accounts-that-we-taxed... i mean 'emigrants' disappear to?"

But hey, keep slinging that quip. It's becoming almost as tired as that 'ole classic of calling someone a "racist", it's starting to becoming a huge meh.
 
You must log in or register to reply here.
Back
Top
Sign up to the MyBroadband newsletter
X