Rates increase or not any ideas??

[divz]

Talk is that Tito may not increase rates due to global credit crisis. Assuming 50bp already priced into the market what will effect be if no increase???

[SimonPB]

no increase = bullish
0.5 increase = carry on
1.0 increase = sell with extra passion

[john_1]

Simon... you don't think it will be anything other than 0.5 do you.

[Preston]

An increase in the rate will make SA attractive because of higher interest rate enviroment. However if no increase (rather unlikely) then rand will continue to weaken and this will feed into the inflation target beeen exceed. (price of petrol will become more expensive in rand term) And if that happen Simon Brown will not get his Prime time exposure on CNBC Africa. Princess Leia , it is nice to put a face to Simon Brown ? Just joking after "And if..."

[#5]

Also be careful of effect of other markets on the Jse.Until that selling stops we are at their mercy..

[#6]

At what time will the governor make the interest rate announcement?

[SimonPB]

john, no I don't. 0.5 is as much a cert as is possible. preston, ya flame an ... an err nothing . an last night the feed died (hmmm, heard better excuses before).

[dimitrius]

from 3pm onwards.

[Preston]

Simon, in all fairness, the feed was extremely bad. I was lucky i caught at least 20 sec of it... So now i know who Simon Brown is.

[SimonPB]

preston, it was only 20 secs in total ...

[Preston]

Alway think Positive Simon Brown. Just think of the exposure your 20 sec have gained. You can always boast that you share the same platform with your CEO Jacko Maree...

[scandal]

is this feed on the net.. can we all see simon brown. What is the add?

[Preston]

www.simonbrown.co.za/gateway/1010

[SimonPB]

preston, lol. Indeed - would've been better if he followed me? Anyways was my 3rd on cnbc, and I got 2 more so fame will still find me.

[Preston]

Simon, you guys are lucky , in that you qualify for "repo rate" for all your facilities including Home loan.. The institution where i am employed will even sell "ice" in winter.

[scandal]

web page currently unavailable.. maybe the guys who made price streamer made it for him

[Preston]

Sorry Dude. Webstreaming currently available on intranet.

[scandal]

bummer...

[john_1]

Hey Simon I would be careful if I were you, If we all get 15minutes of fame you just used your first minute on a bad connection to CNBC africa. Spend the last 14 minutes with more care.

[SimonPB]

john, lol. YA, but it was only 20 seconds. So still lots left to get me fortune off the fame.