“No” is a full sentence
Many make the mistake of thinking that strategy is an esoteric concept, found only in presentations and the agenda of “yet another meeting”. We can hardly blame them for feeling this way. The thought of a “strategy offsite” conjures up images of questionable coffee and impractical hotel venues with diet-ruining lunches. The day only gets worse, offering the prospect of …
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Amazon: Revenue for show, profit for dough
There’s a saying in golf: “Drive for show, putt for dough.” It’s a great phrase, as anyone who has ever hacked around a golf course will attest to. A perfect drive down the middle of the fairway might make you feel good as you stroll away from the tee box, but four putts on the green will quickly ruin your …
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Netflix and Chill-vest
- Global
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Cash flow, Comcast, Discovery, Disney, Fox, Media, Nasdaq, Netflix, P/E, PEG, Price/Sales, Tech, Valuation
- April 24, 2020
Subscriber growth in the first quarter of 2020: 15.77 million. That’s a big number. $14.17 billion is also a big number. That’s how much debt Netflix had at the end of March. They’ve just announced a debt raise of another $1 billion in junk bonds, so it’s only getting larger. Netflix is an investment anomaly, to be honest: The valuation …
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Finance FAQs edition 1: JSE | Working Capital | Emerging Markets
People use financial terms all the time, but rarely have a proper understanding of them. Simple terms aren’t always so simple. There’s no such thing as a stupid question, but people are still nervous to ask. From time to time, I’ll deal with a set of unrelated topics or questions in the finance world. Feel free to submit ideas for …
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Coronavirus has the oil world over a barrel
We should be thanking our lucky stars every day that South Africa’s fortunes aren’t dependent on the oil price. Countries like Saudi Arabia, Kuwait and Iraq are enormously dependent on oil. Saudi Arabia’s petroleum sector accounts for over 40% of GDP. Closer to home, countries like Angola and to a lesser extent Nigeria also count the oil price among their …
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To offshore or not to offshore?
To offshore or not to offshore? That is the question on everyone’s lips. With the Rand behaving like a yo-yo, it’s a reasonable question. I’m just not sure the answer is as obvious as everyone thinks it is. I can’t suggest what you should do with your money, as I’m not your financial advisor and I don’t know your personal …
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Globetrotting through the JSE
Those of you who watch the markets have probably wondered how on earth the JSE manages to rally on a day when bad news comes out about the South African economy. ???????????????????? ???????????? ???????????????? ???????????????????? ???????????????????????? Most JSE indices (e.g. the “All Share Index”) are market cap weighted. This means that larger companies carry a higher weighting in the index. …
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The Brexit Burger isn’t delicious
Famous Brands is well on its way to being another great case study of a South African business failing miserably to expand globally. They announced last week that they are not going to give financial assistance to Gourmet Burger Kitchen (GBK) in the UK, the business they wish they had never bought back in 2016 for £120m. the_ad id=”3223″ It …
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