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Thursday 05 December 2024 (Time: 21h49) Lester Davids Analyst: Unum Capital

Despite the initial volatility, the ETF has rallied significantly, exceeding the upside targets of $50.89 and $53.87. Now trading just below $61.00 Thursday 05 December 2024 (Time: 13h40) Previous Post: ARK INNOVATION ETF: Here's Where It Triggers - Wednesday, 10 July 2024 With Tesla having rallied significantly, will ARKK follow? The short term structure appears healthy, with a trigger above $46.61. The upside targets are $50.89 and $53.87, with a stop-loss of $43.35. To trade, you will need an offshore account. Chart as of Tuesday evening 19h34 Lester Davids Analyst: Unum Capital

Thursday 05 December 2024 (Time: 11h28) This chart is available to NON-CLIENTS of Unum Capital. Specifically, if you are: New to financial markets and looking to start your trading journey. An experienced trader, but looking to elevate your trading. Interested in an ACTIVE TRADING approach. Interested in a high quality, award-winning research. Interested in insights that informs and identifies both risks and opportunities. Should you you fit into any of the above categories, we would love a few minutes of your time to be able to further explain why you should consider Unum Capital your trading partner. To access, e-mail your name and contact details to   lester@unum.co.za    To open a trading account, e-mail   lester@unum.co.za    Key Features: Multi-week base in development Strong candle structure and looking to break, up. The chart is similar to Outsurance - a setup which was highlighted to clients at R47.80 on Monday 02 September. OUT now trades above R68.00 (high of R69.41 today). Monthly Chart Outsurance - as highlighted on 02 September at R47.80. Today, the share reached a high of R69.41. RANKED & RECOGNIZED: Unum Research Attains 3rd Place In The 2024 Securities Broker Awards In September 2024, Unum Research was recognized for it's capabilities.  Among well-respected boutiques and ahead of household giants such as FNB and Nedbank, the unit attained 3rd place for the period under review. Commenting on the award, Analyst: Lester Davids remarked: "The award speaks to the high quality of output being recognized by our valued clients as well as the consistency of insights and actionable opportunities that has been delivered over the past 8 years." Lester Davids Analyst: Unum Capital

The most appropriate metric to value insurers is 'price to embedded value'. One could also consider price to book, price to earnings and dividend yield. Thursday 05 December 2024 (Time: 10h52) The most appropriate metric to value insurers is 'price to embedded value'. One could also consider price to book, price to earnings and dividend yield. Relative to it's peer group OMU is trading at a discount. OMU Price to Book Value (1.01x) vs SLM at 2.02x and MTM at 1.46x OMU Price to Earnings Ratio (6.5x) vs SLM at 11.9x and MTM at 10.3x OMU Dividend Yield (6.3%) vs SLM at 4.4x and MTM at 4.05x OMU has previously been discussed in the following posts: https://www.unum.capital/post/old-mutual-similar-to-momentum-metropolitan-thursday-01-august-2024 https://www.unum.capital/post/zooming-out-5-monthly-charts-thursday-01-august-2024 Lester Davids Analyst: Unum Capital

The last three quarters have seen analysts' EPS consensus estimates being exceeded. Thursday 05 December 2024 (09h40, South African Time) Business Description: Roku, Inc. engages in the provision of a streaming platform for television. It operates through the Platform and Devices segments. Code: ROKU Buy Idea Technical Takeaway: Re-Emerging Momentum / Pending Base Breakout Financials (Snapshot) AI-Assisted Fundamental Insights Roku's management outlook for 2024 appears positive, driven by several key factors: Strong Industry Tailwinds:  The ongoing shift from traditional TV to streaming continues to favor Roku. This trend is expected to accelerate, benefiting Roku's platform and device businesses. Platform Growth:  Roku's platform, which generates revenue from advertising and subscriptions, is a major growth driver. The company is focused on expanding its advertising inventory, improving monetization strategies, and enhancing user engagement features. Device Sales:  Roku's devices remain popular, providing a gateway to its platform and ecosystem. The company is expected to continue releasing new and innovative devices, further solidifying its market position. International Expansion:  Roku is expanding its international presence, which presents significant growth opportunities as streaming becomes more prevalent globally. Strategic Partnerships:  Roku continues to forge strategic partnerships with content providers, advertisers, and other industry players, strengthening its position in the streaming ecosystem. However, Roku also faces challenges: Competition:  The streaming market is highly competitive, with major players like Amazon, Google, and Samsung vying for market share. Economic Uncertainty:  A potential economic downturn could impact advertising spending, negatively affecting Roku's platform revenue. Privacy Concerns:  Increasing regulatory scrutiny of data privacy could impact Roku's ability to target ads effectively. Overall, Roku's management outlook for 2024 appears promising, but the company will need to navigate a challenging competitive landscape and address potential headwinds to achieve its growth targets. Trading View News Flow (Analyst Recommendations) Lester Davids Analyst: Unum Capital

Thursday 05 December 2024 (Time: 09h04) ETF Code: PSCT Buy Idea Base Breakout / Re-Emerging Momentum Technical Chart Lester Davids Analyst: Unum Capital

Thursday 05 December 2024 (Time: 06:21) In March, below R145, Clients were alerted to an opportunity to accumulate, driven by the model reading. Yesterday, the share was the strongest performer amongst the financials. On an absolute basis, the share is trading at multi-week highs. On a relative basis, the share is looking to breach it's downward trend vs the JSE Top 40 Index. To me, it looks the like the start of a re-rating and the potential start of relative outperformance. Remember, it's been very cheap with an appealing valuation. The ratio chart is shown below: Previous Post: Absa Group: Relative Value Monday 25 November 2024 (Time Published: 06h28) Fundamentally undervalued + has not participated in the re-rating of South African equities. Whilst it is trading off the Q2 lows, the share remains in a multi-year consolidation phase and off it's all-time highs. Long Term Target = R220. View as of Thursday 21 November at 09h59. Previous Post: TRADER'S TOOLBOX: Absa's 3 Major Turning Points - Tuesday, 20 August 2024 The major turning points in the share were late March, mid June and early in August. These 2 longs and 1 short triggers helped traders position for the subsequent moves to take advantage of cash-flow generating opportunities. BUY/LONG Discussed in detail, along with the Tactical Trading Guide on Monday, 25 March. The charts below are also adjusted to include dividends. Short/Sell (Reading/Chart 1) Warning that a buy/long was unappealing. Short/Sell (Reading/Chart 2) Alerting to a 1 to 2 day/week short/sell setup. Buy/Long - Monitor For Bullish Reversal Opportunity V-Shaped reversal followed by massive gap up during yesterday's session (earnings release). Clients of Unum Capital are often alerted to key technical developments which include readings from the Tactical Trading Guide. This acts as a guide which helps to identify both opportunities and risk. To become a client, contact the Unum Capital Trading Desk: E-mail: tradingdesk@unum.co.za | Call: 011384 2923 Lester Davids Analyst: Unum Capital

Thursday 05 December 2024 (Time: Pre-Market) Technology + Proprietary Insights has helped to develop automated tools and strategies that are used to identify potential trading opportunities as well as highlight potentially significant technical developments across various time frames. This page highlights readings from the analyst's Tactical Trading Guide (Price Action Tool) . The tool provides automated price analysis of over 90 JSE-listed equities across 17 sectors and across 3 time frames : short (short term), medium (medium term) and long (long term). Readings are subject to change , based on the development of the subsequent price action. MEDIUM TERM (APPROXIMATELY 2 to 4 WEEKS) - SUBJECT TO CHANGE AS THE PRICE ACTION DEVELOPS NOTE: THE SHORT TERM (1 TO 10 DAYS) AND LONG TERM (5 TO 8 WEEK) READINGS ARE ALSO AVAILABLE. SHOULD YOU URGENTLY REQUIRE A READING FOR THE S/TERM or L/TERM, YOU ARE WELCOME TO E-MAIL ME AT LESTER@UNUM.CO.ZA DUE TO TIME/CAPACITY CONSTRAINTS, THOSE TIME FRAMES ARE NOT SHOWN HERE .

Thursday 05 December 2024 (06h23, South African Time) Buy/Long Idea ↗ Technical Takeaway: High Bullish Momentum Source: TradingView Consensus Price Target & Analyst Rating AI-Assisted Fundamental Insights Trimble Inc. is a technology company that provides solutions for industries such as construction, geospatial, agriculture, and transportation. The company's growth is driven by several key factors: 1. Increasing Demand for Technology in Key Industries: Construction:  The construction industry is undergoing a digital transformation, with a growing demand for technologies that improve efficiency, productivity, and safety. Trimble's construction solutions, such as project management software, field management tools, and building information modeling (BIM) software, are well-positioned to capitalize on this trend. Geospatial:  The geospatial industry relies heavily on accurate and up-to-date spatial data. Trimble's geospatial solutions, including GPS receivers, GIS software, and drone mapping systems, are essential for a wide range of applications, such as surveying, mapping, and environmental monitoring. Agriculture:  Precision agriculture is becoming increasingly important as farmers seek to optimize yields and reduce costs. Trimble's agricultural solutions, such as precision guidance systems, auto-steer systems, and field mapping software, help farmers make data-driven decisions. Transportation:  The transportation industry is facing increasing pressure to improve efficiency and reduce emissions. Trimble's transportation solutions, such as fleet management software, telematics systems, and route optimization software, help transportation companies improve their operations. 2. Focus on Recurring Revenue: Trimble is shifting its business model to focus on recurring revenue, which is derived from software subscriptions and services. This strategy provides a more predictable and sustainable revenue stream, reducing reliance on hardware sales. 3. Strategic Acquisitions and Partnerships: Trimble has a history of acquiring innovative companies and forming strategic partnerships to expand its product offerings and market reach. These acquisitions and partnerships enable Trimble to accelerate its growth and enter new markets. 4. Strong Financial Performance: Trimble has a strong track record of financial performance, with consistent revenue and profit growth. The company's strong financial position enables it to invest in research and development, acquisitions, and other growth initiatives. 5. Focus on Sustainability: Trimble is committed to sustainability and is developing solutions that help customers reduce their environmental impact. This focus on sustainability is a key growth driver, as customers increasingly prioritize environmentally friendly solutions. Overall, Trimble's growth is driven by a combination of strong industry tailwinds, a focus on recurring revenue, strategic acquisitions and partnerships, strong financial performance, and a commitment to sustainability. Lester Davids Analyst: Unum Capital

Thursday 05 December 2024 (Time: Pre-Market) To trade global instruments, you will need an offshore account. To get started, contact the Unum Capital Trading Desk: E-mail: tradingdesk@unum.co.za | Call: 011 384 2923 Well done to clients who may have latched onto the opportunity. Previous Post: Room To Run: Offshore Stock Pick - Monday, 23 September 2024 PREMIUM POST Pre-market U.S. Trading Session Key Drivers At the forefront of global innovation Analysts are forecasting substantial free cash flow in the years ahead A driven founder/management team with significant interests (shareholding) Sector disruptor Technically: a 4-year consolidation, with strong price action at the top of it's range and potential to break out to new highs. WEEKLY CHART

Wednesday 04 December (Time: 22h06, South African Time, Pre-Market Asian Session) Technical Takeaway High bullish momentum - has the potential to retrace in the short term, however, on the lower time frame, it looks poised to develop a new bull leg. Nintendo's growth in 2024 has been mixed. Revenue and Profit: Revenue:  Nintendo's revenue in 2024 was slightly lower than the previous year, coming in at just over 11 billion US dollars. This marks a decline from the peak of nearly 16 billion dollars in 2021.    Profit:  Similarly, Nintendo's profit also decreased in 2024, reaching around 3 billion US dollars.     Factors Affecting Growth: Maturity of the Nintendo Switch:  The Nintendo Switch, released in 2017, is now in its eighth year on the market. This maturity has naturally led to a decline in sales compared to its earlier years.    Increased Competition:  The gaming industry is highly competitive, with other major players like Sony and Microsoft constantly releasing new consoles and games.    Economic Factors:  Global economic conditions, such as inflation and recessionary fears, can impact consumer spending on gaming products.    Future Outlook: While Nintendo's growth has slowed in 2024, the company still holds a strong position in the gaming industry. It continues to release popular games and has a dedicated fanbase. Additionally, Nintendo has been exploring new business areas like film and mobile gaming, which could contribute to future growth.    Overall, Nintendo's growth in 2024 has been tempered by the maturity of its console and economic factors. However, the company's strong brand, innovative games, and diversification efforts suggest that it will continue to be a significant player in the gaming industry. Financial Snapshot (Non-Comprehensive) Technical Summary + Analyst Ratings

Further update (Comment Added: Wednesday 04 December at 21h04 / U.S Trading Session) Wednesday, 04 December 2024 (Time: 11h27) In the span of just under 7 weeks, the share has rallied by 37%. This includes the after-hours print of +10% to above $106. Original View discussed on 15 October, below (link: https://www.unum.capital/post/active-trading-plan-tuesday-15-october-2024