Couple of sell-side analyst updates this morning: - Super Group $JSESPG raised to Overweight at ABSA Securities; PT R21.10 (32% upside) - Gold Fields $JSEGFI raised to Overweight at ABSA Securities; PT R1,045 (34% upside) - OUTsurance $JSEOUT raised to Buy at Investec; PT R84 (16% upside) - Clicks $JSECLS raised to Buy at Citi; PT R411 (41% upside) - TFG $JSETFG cut to Sell at Citi; PT R71 (3% downside).

Clothing Retailers were down this week: Truworths $JSETRU : - 7% TFG $JSETFG : - 7% Mr Price $JSEMRP : - 5% Woolworths $JSEWHL : - 1% Pepkor $JSEPPH : - 1% Shein/Temu have 3.6% market share in clothing Pepkor is least affected. Lower LSM's are less likely to buy online.

Apparel Retailers are down YTD : Truworths $JSETRU : - 45% TFG $JSETFG : - 40% Mr Price $JSEMRP : - 25% Woolworths $JSEWHL : - 14% Pepkor $JSEPPH : - 7% Shein and Temu are growing fast and have : - 3.6% Apparel Market Share - R7.3bn in Apparel Sales - 37% of e-commerce Sales

Every company in the JSE ALSI with >30% potential upside based on average sell-side target price. Couple of interesting names on the list: - Reunert $JSERLO 66.5%(?) - TFG $JSETFG 49% - Afrimat $JSEAFT 46% - Tsogo Sun $JSETSG 45% - Bidvest $JSEBVT 36% - Sasol $JSESOL 36% - Nedbank $JSENED 32% Any sitting in your portfolio or watchlist? DYOR!

$JSETFG - We took a swing on improving “ Discretionary Retailers “ with oil low and rate cuts front of mind. We trigger the trade and hit TP1 yesterday!! All emails sent out live and time stamped!

Worst performing shares in the JSE ALSI for 2025 (so far): 1. Montauk $JSEMKR -51.8% 2. Truworths $JSETRU -30.8% 3. Motus $JSEMTH -29.5% 4. Foschini $JSETFG -29.3% 5. Italtile $JSEITE -28.8% Any of these in your portfolio? Which ones are you buying (or avoiding)?

$JSETFG - 2 Pot system euphoria got ahead of prices and early data from tax receipts suggested retailers have peaked and will “de-rate” - we got the SHORT confirmation and issued the short call a few weeks ago with TP1 hitting today!!

Market strikes again, rewarding #JSETFG and hitting #JSERBX ... 1 1 = 5 , hoodwink as many players as possible.

$JSETFG $TFG The Foschini Group Free cash flow plummets from an already bad -R500 million to an immense -R2.5 BILLION in the 6 months. Zero debt was repaid... but R1.5 billion was raised. Shares are up 4.5% today and 45% YTD 🚩🚩🚩 Buyer beware

$JSETFG $JSETRU BREAKING NEWS both TFG and TRU have just developed a covid, HIV and cancer vaccine. They have also developed a new prototype of AI clothing which makes use of blockchain technology. The product is completely GREEN. Environmentally friendly! Made from cannabis

$JSETFG I found TFG particularly bad considering the run up in the share price. I would be surprised if this one doesnt catch a proper SMACK

$JSETFG - Foschini Group - Bullish breakout above resistance on weekly chart targets 127 & 140.

Recap of our “ LIVE EMAIL” calls I put out for the week: $JSEREM - stock up 4% since Entry. Targets hit $JSETFG- Stock up 15% from Supertrend call. Targets hit. $JSEFSR - Stock up 11% since Entry. Targets hit. $JSEOMU - stock up 7.5% since Entry. Targets hit.

tradingview.com/chart/TFG/3A… Proper reversal! #JSETFG

Check out my #JSETFG analysis on @TradingView: tradingview.com/chart/TFG/3A… #FOSCHINI

Massive SA clothing and food retailer update by Investec: - Pepkor $JSEPPH raised to Buy with target price of R22.80 - Spar $JSESPP raised to Buy with target price of R115 - Truworths $JSETRU raised to Buy with target price of R89 - Mr Price $JSEMRP raised to Buy with target price of R200 - TFG $JSETFG raised to Buy with target price of R145 - Woolworths $JSEWHL raised to Hold with target price of R70 Incredibly bullish update!

Join us today as our Hedge Fund Manager, @BlaqueSoros, takes the spotlight on @BusinessDayTV (Channel 412) from 13:00-13:30. Discover the potential outlook for Apparel Retailers $JSEMRP $JSEPPH $JSETFG $JSETRU $JSEWHL. Don't miss out! 🚀 #UnumCapital #InvestmentInsights #BusinessDayTV #TradeoftheWeek

Winner, winner 🐔dinner. 16.5% 🆙 so far from support level. Swing high is on the radar 🎯 #JSETFG

$JSETFG - Foschini: Major Trend Change, EW Patterns Everywhere dlvr.it/T1vXxL 📈📉💹📊 via ➡️ alerttrade.us

Support bang on! #JSETFG #FOSCHINI