This may sound like a fairytale, but it could have an unhappy ending. Robinhood is the US stockbroking app that has driven an influx of literally millions of (particularly younger) investors who have bought American stocks on a fractional ownership basis. Fractional ownership is the same principle that Easy Equities uses locally, which allows people to invest a specific amount …
View PostThe JSE requires companies to make certain disclosures. These range from reporting results through to alerting the market when directors and their associates buy or sell shares. There is also a need to disclose any resignations of directors. This year, there has been another interesting development: an allowance by the JSE for companies to defer the release of financial results. …
View PostDonald Trump threw TikTok’s future into the abyss when he announced on 6th August that the app would effectively be banned in the US in mid-September. He then issued a separate order which gave TikTok’s parent company Bytedance just 90 days to sell TikTok’s US operations and data. And there you were thinking that only the South African government cares …
View PostI am not completely sure whether the company was named after Johnny Walker’s finest, but I’ve seen the executive boardroom myself and there are many empty bottles adorning the walls. Each one has writing on it, which suggests that it was opened to celebrate a milestone. Blue Label Telecoms is a business that really needs to stick to its knitting. …
View PostThe side hustle: a particular passion of mine. In my podcasting debut, I discuss this wonderful concept with none other than Warren Ingram, well-known financial planning expert and author of various publications. Check out other episodes of his podcast Honest Money here. the_ad id=”3223″
View PostThis is a term that you will hear often. “Company X released earnings today” or “Company Y announced a dip in revenue” – but what does it actually mean? The basics: listed companies must report detailed financials Listed companies (i.e. those that trade on a stock exchange like the JSE) are required to announce certain information to stakeholders. Note the …
View PostIt’s been a busy week for Sanlam, the Cape Town-based financial services firm that historically entrenched itself in the Afrikaans community and has grown from there. The company released results, announced a B-BBEE transaction and suffered a 4% decline in the share price. The standout asset management result in recent times has without a doubt been Sygnia, reflected in 35% …
View PostSasol is up 600% since the share price collapsed in March. It’s down 11% over the past two days. This gives an idea of how nervous investors are about the company after the latest financial results were released. Sasol is my single largest exposure in my portfolio. That’s not because I bet the farm on the stock, but because I …
View PostTC and Jordan accompany a SWAT team on a raid and wind up with an emergency room full of sickened immigrants, including one with murderous intentions; and Scott pulls a dream team together to impress the Colonel in charge of setting up a combat training program. In other events, more is learned about Cain’s past; Kenny shares some big news …
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TC and Jordan accompany a SWAT team on a raid and wind up with an emergency room full of sickened immigrants, including one with murderous intentions; and Scott pulls a dream team together to impress the Colonel in charge of setting up a combat training program. In other events, more is learned about Cain’s past; Kenny shares some big news …
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