The rampant bull the medical industry cannot capture

The rampant bull the medical industry cannot capture

One of the major rallying calls for the implementation of the National Health Insurance (NHI) is the fact that medical care in South Africa is excessively expensive. The cost of medical care is mainly driven by the fact that there are no tariffs when it comes to...
Overberg Asset Management Weekly Report 24 July 2018

Overberg Asset Management Weekly Report 24 July 2018

IN THIS WEEK’S BOTTOM LINE As the economy recovers, the J-curve effect will have a powerful impact on earnings growth. The J-curve explains why share price gains are always strongest in the early stages of a new economic cycle. SOUTH AFRICA ECONOMIC REVIEW As expected...
Overberg Asset Management Weekly Report 24 July 2018

Overberg Asset Management Weekly Report 26 June 2018

IN THIS WEEK’S BOTTOM LINE The JSE has suffered a torrid four years. In the four years from 25th June 2014 to 25th June 2018 the JSE All Share Index has increased from 50,350 to 56,116 a return of only 11.45%. If this is bad, consider that while the JSE All Share has...
Overberg Asset Management Weekly Report 24 July 2018

Overberg Asset Management Weekly Report 19 June 2018

IN THIS WEEK’S BOTTOM LINE The business failure of Basil Read is indicative of the depressed state of gross fixed capital formation in South Africa.Total domestic order books for the construction industry have shown nil growth in the past ten years, reflecting subdued...
Overberg Asset Management Weekly Report 24 July 2018

Overberg Asset Management Weekly Report 29 May 2018

Overberg Asset Management - Weekly report IN THIS WEEK’S BOTTOM LINE Over the past fifteen years (to 15th May) the growth in the JSE Top 40 Index has been an impressive 14.57% annualised. Yet the Mid-Cap Index has gained a superior 16.43% annualised and the Small-Cap...