Phantom Shares: Construction | Property | Long4Life

Phantom Shares is my weekly summary of the more interesting stories and themes from the prior week on the JSE. It is first published in the Daily Maverick 168 newspaper on a Saturday and then in Business Maverick each Monday. It is reproduced here with the permission of Daily Maverick.   the_ad id=”3223″ Is Sepp Blatter president again? Back when …

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Magic Markets Ep47: Supply Chain Pressures

With supply chains around the world clogged up and companies scrambling to navigate their way through the mess, there have been clear winners in the process like Grindrod Shipping. Is it wise to chase those winners, or to look for the companies that are ready to pounce once the supply chains catch up to demand? In Episode 47 of Magic …

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Magic Markets Ep46: M&A – Cash vs. Share Deals

In Episode 46 of Magic Markets, The Finance Ghost and Mohammed Nalla take a break from trading-related concepts to talk about another critical part of the financial markets ecosystem: mergers and acquisitions. The recent Zoom – Five9 transaction is a great case study, mainly because it fell over in the end. Zoom tried to do an all-share deal and Five9 …

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Magic Markets Ep46: M&A – Cash vs. Share Deals

In Episode 46 of Magic Markets, The Finance Ghost and Mohammed Nalla take a break from trading-related concepts to talk about another critical part of the financial markets ecosystem: mergers and acquisitions. The recent Zoom – Five9 transaction is a great case study, mainly because it fell over in the end. Zoom tried to do an all-share deal and Five9 …

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Magic Markets Ep45: Dare to Day Trade

In the final episode of #HerenyaSeptember, Petri Redelinghuys invites fellow Herenya trader Jonathan onto the show to answer questions about the mystical art of day trading. Does he ever go to the bathroom? Does he make money? Can anyone do it? We unpack this and more in Episode 45 of Magic Markets. This podcast is brought to you by Herenya Capital …

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Magic Markets Ep45: Dare to Day Trade

In the final episode of #HerenyaSeptember, Petri Redelinghuys invites fellow Herenya trader Jonathan onto the show to answer questions about the mystical art of day trading. Does he ever go to the bathroom? Does he make money? Can anyone do it? We unpack this and more in Episode 45 of Magic Markets. This podcast is brought to you by Herenya Capital …

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Magic Markets Ep44: Ask Herenya Part 2

This is the third episode of #HerenyaSeptember, a month of Magic Markets podcasts dedicated to trading techniques and the psychology behind them. Petri Redelinghuys of Herenya Capital Advisors joins us once more to respond to questions posed by listeners over the course of the past few weeks. We deal with questions like: What does he consider to be his best and …

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A key tool in dealmaking: the earn-out

An earn-out structure is a corporate finance tool that is critical when negotiating deals. Put simply, an earn-out adjusts the purchase price for a company based on the achievement of future financial milestones. Technically, there can be non-financial milestones as well. I haven’t advised on such a deal myself, but I can easily imagine a situation in a venture capital …

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Magic Markets Ep43: Ask Herenya Part 1

This is the second episode of #HerenyaSeptember, a month of Magic Markets podcasts dedicated to trading techniques and the psychology behind them. Petri Redelinghuys of Herenya Capital Advisors joins us once more to respond to questions posed by listeners over the course of the week. We deal with questions like: What are the characteristics of a great trader? How do you …

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Magic Markets Ep43: Ask Herenya Part 1

This is the second episode of #HerenyaSeptember, a month of Magic Markets podcasts dedicated to trading techniques and the psychology behind them. Petri Redelinghuys of Herenya Capital Advisors joins us once more to respond to questions posed by listeners over the course of the week. We deal with questions like: What are the characteristics of a great trader? How do you …

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