International firms circling South African companies
The Companies Act requires public companies to make an announcement whenever a shareholder crosses through a 5% milestone. In other words, if a shareholder held 4,8% and bought more shares today, thereby increasing to a shareholding in the company of 5,4%, the company would need to announce on SENS that this has happened. This is important because it alerts the …
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Sasol – where to from here?
I decided it was time to take another look at Sasol and share my views on how I’m thinking about this going forward. As regular readers will know, I took a sizable punt at Sasol in April. It was a rollercoaster ride initially, but the share price has unfortunately settled into a downward trend as equities markets have cooled off …
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Metair, but not met dividend
There’s a lot going on at Metair, ranging from a cancelled dividend through to fascinating potential corporate actions. It’s worth spending some time learning about this company that supplies a range of automotive components through companies in South Africa and Eastern Europe. the_ad id=”3223″ Declare. Defer. Defer again. Defend. Back in March, Metair announced a gross dividend of 120 cents …
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Here’s the deal: Trump vs. Biden
Every now and again, I come across someone truly extraordinary. One such person is Winford Collings, a soon-to-be Chartered Accountant with immense writing talent and a great love of American politics. The Finance Ghost isn’t a political platform and never will be, but the American election this year affects every single one of your investments, one way or another. The …
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Here’s the deal: Trump vs. Biden
Every now and again, I come across someone truly extraordinary. One such person is Winford Collings, a soon-to-be Chartered Accountant with immense writing talent and a great love of American politics. The Finance Ghost isn’t a political platform and never will be, but the American election this year affects every single one of your investments, one way or another. The …
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Stats SA: Avoiding the word retrenchment
The headlines today were dominated by the long-awaited release by Stats SA of unemployment data for the second quarter. Lockdown only affected 10 days or so of Q1, but the true impact was felt from April to June. This Q2 data should’ve finally painted a picture of what really happened. Except, it didn’t. Much like the GDP data for Q2, …
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Not all tech companies are created equal
You know by now that the lockdown period was great for many tech companies. Although “tech” is used as an umbrella term all the time, it’s something of a misnomer to do so. The companies that did well typically offer consumer apps or enterprise cloud solutions. Some software companies also did well and there were of course outliers like video …
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Not all tech companies are created equal
You know by now that the lockdown period was great for many tech companies. Although “tech” is used as an umbrella term all the time, it’s something of a misnomer to do so. The companies that did well typically offer consumer apps or enterprise cloud solutions. Some software companies also did well and there were of course outliers like video …
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The megatrends: investing in education
Imagine you held one of the first iPhones in your hands in 2007. With incredible insight into the future, you concluded that the smartphone would take over the world. Bravely backing your view, you decided to invest a sizable amount in this megatrend. If you had chosen Apple, you would be wealthy today. If you had chosen BlackBerry, you would …
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A game of billions
In the world of corporate and public finances, numbers can quickly lose meaning. You probably think carefully about spending R500, but I’ll bet you often read about a number like R5bn without a moment’s thought given to the size of this number. Let’s take a moment to explain how enormous this number actually is. the_ad id=”3223″ Written out in full, …
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