What’s the Growth-point of property REITs?
The property sector on the JSE was once a hive of activity. A few years back, investment bankers literally rode the property wave all the way to their favourite sportscar dealership, raising money in the market on practically a daily basis and earning delectable fees along the way. The property sector was literally dripping with honey, as pension funds and …
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Telkom: number 3 in a race I don’t want my money to run
So, Telkom has managed to overtake Cell C as the third largest mobile operator in South Africa, although that’s a bit like beating your granny at the 100m sprint. Cell C has never turned a profit and has shed over 4.5 million subscribers in the last year alone. Cell C says that it would rather focus on profitable customers than …
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Vaccine volatility – what have investors done?
- Global, South Africa
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American Airlines, Aspen, Carnival Corporation, Gold, Netflix, Pfizer, Sasol, TripAdvisor, Vaccine, Zoom
- November 9, 2020
Today was a monumental day on the markets. Pfizer announced that its Covid-19 vaccine has been found to be 90% effective, comfortably the most important scientific breakthrough thus far in the fight against the virus. Now, your immediate reaction might be to buy Pfizer shares. Funnily enough, at time of writing, Pfizer was only up 6% after the news. That …
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Dis-Chem’s regulatory headaches may hurt its M&A strategy
Dis-Chem had a rough few months in the court of public opinion. The company wanted special concessions from landlords, even though it was one of the few retailers allowed to remain open. That paled in comparison to the reputational damage from the allegations of hiking the prices of masks. Thankfully for Dis-Chem, Clicks had a real “hold my beer” moment …
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Nintendo eats its Super Mario Mushrooms
I love a good investment megatrend. Your chance of success is so much higher when you invest in a growing industry rather than trying to find the last surviving fish in a shrinking pool. Back in July, I wrote here that gaming was doing incredibly well over lockdown and that the trend may continue. Whenever a large group of people …
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Car market fires on all cylinders in Q3
- Global
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BMW, Bugatti, Cars, China, Ducati, Ford, Mercedes-Benz, Mini, Seat, Skoda, Tesla, Vehicles, Volkswagen
- November 4, 2020
One of the themes in the latest raft of corporate earnings is that the automotive sector’s engine is starting to rev again. The driver of the recovery is China, with the horrors of lockdown seemingly long forgotten. Western nations are dealing with renewed pandemic issues, as countries like the UK get locked down again. The purchase of a new car …
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Car market fires on all cylinders in Q3
- Global
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Aston Martin, Audi, Bentley, BMW, Bugatti, Cars, China, Ducati, Ford, Mercedes-Benz, Mini, Tesla, Vehicles, Volkswagen
- November 4, 2020
One of the themes in the latest raft of corporate earnings is that the automotive sector’s engine is starting to rev again. The driver of the recovery is China, with the horrors of lockdown seemingly long forgotten. Western nations are dealing with renewed pandemic issues, as countries like the UK get locked down again. The purchase of a new car …
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Squashing the world’s biggest Ant
Poor old Jack Ma. The Alibaba founder has been on top of the world, with Ant Group making headlines as the largest expected IPO of all time. An IPO is the process through which a company comes to market. The shares are listed on a public exchange which facilitates trade in them. As part of the process, new capital is …
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Big tech has trust issues: latest earnings
In July, the chairman of the United States House Judiciary Subcommittee on Antitrust called Amazon, Facebook, Google and Apple “emperors of the online economy” that “enjoy the power to pick winners and losers, shake down small businesses and enrich themselves while choking off competitors”. It laid the foundation for what would come next: on October 20th, the U.S. Department of …
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Microsoft: a reminder of what growth is
Microsoft released Q1 earnings this week. No, your eyes are not deceiving you. Whilst the current earnings season is called the “Q3 season” by most people to align with the calendar year (i.e. covers the period July – September), companies with year-ends other than December won’t be calling this Q3. Microsoft’s year-end is July, so this is a Q1 result …
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