Craig Martin

A Pairs Trade: Long Old Mutual and Short Sanlam

If you have ever travelled along a road that meanders alongside a river, you will find that occasionally the road must divert away from the river, perhaps because of the terrain. However, eventually the road reverts back to its position parallel to the river. We can speak of the road and the river as having a correlated relationship.


Gold trading game changer hits the OTC market

Equity Express is about to launch a new offering that injects a game-changing amount of liquidity into the market, which can be traded over-the-counter OTC.

Breaking: Gold trading game changer to hit the OTC market

There are more Krugerrand coins in circulation than any other minted gold coin in the world, the Krugerrand also holds the title as the most widely held and traded bullion coin in the world. Where gold prices have historically been dictated by their set market price, Equity Express is about to launch a new offering … Read more

How to achieve outperformance without taking on crazy risk

By Craig Martin Considering both the global and local economic landscape investors in the JSE would be forgiven for being somewhat cautious. The dilemma is that if the US economic recovery continues, and Europe continues to pump money into the markets, then equities might continue their run. Is it therefore possible to seek outperformance without … Read more

Anchor Capital price overcooked for now – CEO Peter Armitage

Chief executives are naturally optimistic. They need to be to shrug off challenges and devise new ways of adding value for shareholders. But sometimes even the greatest optimists feel compelled to call a halt to irrational exuberance (courtesy Alan Greenspan) as Peter Armitage, CEO of today’s new listing Anchor Capital, did in this interview. The … Read more

Armitage gives it horns – Anchor Capital opens at 50% premium, goes higher

A dream that began three years ago for top rated investment analyst Peter Armitage became reality this morning when his Anchor Capital Group made its debut on the JSE’s AltX board. The shares started trading at 300c, a 50% premium to the price at which the stock was privately placed. By lunchtime they’re hit 390c, … Read more

Stephen Saad’s Aspen: From JSE newcomer to R150bn valuation in 16 years

In 1998, Stephen Saad and Gus Attridge took their ambitions public through the reverse takeover by their year-old business into JSE-listed Medhold. A year later they pulled off a R2.4bn hostile takeover of the well resourced but poorly managed SA Druggists. And the rest is history. Now a multinational corporation, last week Aspen delivered another sparkling … Read more