Disclaimer: This does not represent financial advice, just my views on the situation!
All looks fairly calm, but underneath the surface, analysts know South Africa is in a state of chaos and ready to crack.
The tectonic plates are shifting and an earthquake is on its way. The working class has been promised the world by the ANC and received very little in return. The money has been stolen, squandered, and spent on everything from KFC to fleets of luxury cars.
At the same time, the SA government has signalled it wants to steal more from the tax base.
Socialists are more vocal than ever, and the overburdened tax base isn't having any of it.
In all likelihood, there will be massive riots, burning and mass thieving by poor members of the public well before The ANC communizes private land and other private assets.
The professional middle class though, has no option but to stay.
This creates an opportunity for investors. It's likely the perfect storm which will set the stage for an explosion in the share price of Mix Telematics.
Mix is a global leader in tracking devices for cars, trailers and pretty much anything that can't be bolted down. This translates to a competitive edge against more locally based companies like Cartrack and Allied Electronics. It's also an incredibly cheap share
While the politically correct news-media remains moot, it's an opportunity to buy the rumor and sell the news.
All looks fairly calm, but underneath the surface, analysts know South Africa is in a state of chaos and ready to crack.
The tectonic plates are shifting and an earthquake is on its way. The working class has been promised the world by the ANC and received very little in return. The money has been stolen, squandered, and spent on everything from KFC to fleets of luxury cars.
At the same time, the SA government has signalled it wants to steal more from the tax base.
Socialists are more vocal than ever, and the overburdened tax base isn't having any of it.
In all likelihood, there will be massive riots, burning and mass thieving by poor members of the public well before The ANC communizes private land and other private assets.
The professional middle class though, has no option but to stay.
This creates an opportunity for investors. It's likely the perfect storm which will set the stage for an explosion in the share price of Mix Telematics.
Mix is a global leader in tracking devices for cars, trailers and pretty much anything that can't be bolted down. This translates to a competitive edge against more locally based companies like Cartrack and Allied Electronics. It's also an incredibly cheap share
While the politically correct news-media remains moot, it's an opportunity to buy the rumor and sell the news.