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A fair number of analysts are now picking ADH for 2014, and the stock has jumped by about 12% since beginning Jan.2014.
It was sleeping for most of 2013, while COH retuned 70% in 2013, ADH returned 9.9% incl. dividends.
Curro of course seems grossly overvalued with a PE of over 200, and I personally would not want to buy at those levels.
ADH is currently on a PE of 20.
Is anybody invested in ADH, and if so what are your thoughts ?

One thing that baffles me, all those fancy new school buildings, especially with COH, but where do they get the teachers ?
Last I heard nobody is keen to be a teacher in ZA, quite understandable really. School buildings with all the latset equipment
mean nothing if the teachers are not up to it.

Skagen Says Ignore Wall Street, Bet on Emerging Markets

“Emerging markets fundamentals are actually stronger now than they were in the past, and they are certainly stronger than developed-market countries, especially if you factor in the policy room for maneuver,” he said in an e-mailed reply to questions. “In addition to that, I would argue that valuation and technicals matter just as much as fundamentals at this juncture.”

Stensrud sees emerging economies breaking away from dependency on these cycles as they rely more on service based industries.

“Looking at traditional emerging markets you could be tempted to think that they used to be commodities driven, that they used to be cyclical, but their service sector is growing very fast,” he said. “You could say South Africa is a mining country, but if you look at South Africa’s stock exchange, it’s basically a services index. The service sector is growing fast in all emerging economies.”

Stensrud said they’re also pursuing investments in South Africa and in Chinese Internet companies.

“Two years ahead, we think we are in a huge paradigm shift globally to what you might call a non-material economy,” he said. That means “less and less goods and energy produce services, so we are looking a good deal into global e-commerce.”

How's that folks ! 

If you have some time on your hands, the linked article is well worth reading. As S. Machel's ex, I would be extremely embarrassed. Oh boy..

The ANC before the collapse of Communism
This article was published with the assistance of the Friedrich-Naumann-Stiftung für die Freiheit (FNF). The views presented in the article are those of the author and do not necessarily represent the views of FNF.

It's characteristic of this type of racial nationalism that it is quite incapable of acknowledging the contribution of the skills and expertise of racial minorities towards the common good, or of the basic interdependency between minority and majority. Ultimately, as in Zimbabwe post-1999, economic considerations are subordinated to ideological ones. South Africa's future depends almost completely on whether it will be able to avoid succumbing to this same destructive itch.

Perhaps The Only Chart That Matters (For Now)

There are a lot of different indicators and studies that technical analysts use, and all of those tools came into usage due to some degree of merit.  But the one factor which seems to be trumping everything else lately is what the Fed is doing with its QEternity program, which shows no sign of stopping anytime soon, or maybe ever.

 

 

The broader European trading mood was also subdued on the outlook for less quantitative easing in the U.S. Minutes from the Federal Reserve's October meeting published late Wednesday showed the central bank could decide to taper its $ 85-billion-a-month asset purchases at one of its next meetings if the economy continues to improve.

Currently odds are:-

25% in December meeting
25% in January 2014
50% in March 2014

The DA in crisis Part 1

Now you will know why the future for non-blacks, and the economy in general, looks very bleak indeed.

and Part 2..

The DA: How did we get here? (II)