Barloworld operates a variety of businesses. A conglomerate from an age when conglomerates were cool, Barloworld is now a bit of a dinosaur as a corporate structure. The problem is that the group is too diversified. Investors can’t take a clear view on just one sector or geography within the group but must instead invest into the full story. In …
View PostIn the third episode of Magic Markets, we ask you to touch our junk. Well, our junk bonds. To be more precise, we unpack the role of ratings agencies and why investors use them to rate government and corporate bonds. Join The Finance Ghost and Mohammed Nalla of Moe-Knows.com as we answer these questions: What do ratings agencies do? Why …
View PostThe Finance Ghost is thrilled to introduce you to our newest contributor, The Venturing Vagabond. A vagabond has no home and usually no job, travelling from place to place. Our resident vagabond (oxymoron intended) uses that time to his advantage, committing himself to reading widely and learning as much as possible about his favourite topics: startups and venture capital! Take …
View PostIn this previous article in October, I flagged that there’s a new sheriff in town at Adcorp. Highly respected CEO Phil Roux has been making good on his promise to turn Adcorp around. I’m going to once again quote from an interview he did with Giulietta Talevi of Financial Mail in July: “I’ve identified eight value drivers and I’m going …
View PostIn this previous article in October, I flagged that there’s a new sheriff in town at Adcorp. Highly respected CEO Phil Roux has been making good on his promise to turn Adcorp around. I’m going to once again quote from an interview he did with Giulietta Talevi of Financial Mail in July: “I’ve identified eight value drivers and I’m going …
View PostIt must take incredible confidence to undertake a hospitality stock IPO during a global pandemic that has grounded nearly all travel, but that is exactly what Airbnb is about to do. The peer-to-peer home-sharing company recently released its prospectus for an initial public offering (IPO), giving us our first in-depth look at its operations. A specific date for the IPO …
View PostIt must take incredible confidence to undertake a hospitality stock IPO during a global pandemic that has grounded nearly all travel, but that is exactly what Airbnb is about to do. The peer-to-peer home-sharing company recently released its prospectus for an initial public offering (IPO), giving us our first in-depth look at its operations. A specific date for the IPO …
View PostIt must take incredible confidence to undertake a hospitality stock IPO during a global pandemic that has grounded nearly all travel, but that is exactly what Airbnb is about to do. The peer-to-peer home-sharing company recently released its prospectus for an initial public offering (IPO), giving us our first in-depth look at its operations. A specific date for the IPO …
View PostSirius Real Estate is one of the better-named companies on the JSE. Not to be confused with the Harry Potter character of the same name, Sirius was established in 2007 and initially listed on the AIM, the development board in London. An AltX listing was added in 2014 (the JSE’s development board) before the listing moved to the main board …
View PostMohammed Nalla is one of the most highly respected macroeconomic market analysts to emerge from South Africa. He’s launched Moe-Knows, a macroeconomics knowledge platform. Now living in Canada, he layers a global perspective on top of his emerging markets expertise. Together, The Finance Ghost and Moe-Knows have multiple years of experience across practically every asset class. In Magic Markets, we unpack market …
View Post