Cartrack: the Americans give us a value
Corporate actions aren’t always easy to understand. Some are fairly straightforward (e.g. Company A is buying Company B) and others are horrendously complicated (like Cartrack’s big move to the Nasdaq). I first wrote about Cartrack on October 18th, 2020. At the time, it was trading at around R45 per share. Cartrack isn’t a company I had paid much attention to …
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Deliverwho?
Here’s a quick insight into the world of investment banking and capital raising… Bankers are focused on hot money They like Porsches and Porsches require bonuses. It’s hard work to try and sell something that nobody wants. When the pancakes are flying off the shelves, you don’t open a stall selling fried organic broccoli cooked in vegan oil. You recognise …
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Alpha, market cap and long vs. short
The trouble with the markets and the investment industry is that jargon is everywhere. Ever tried to discuss crypto or coding with a tech geek? That’s how non-financial people feel when looking at an investment fact sheet or reading a fund manager letter. In this article, I explain a few of the concepts that are important for you to understand …
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Alpha, market cap and long vs. short
The trouble with the markets and the investment industry is that jargon is everywhere. Ever tried to discuss crypto or coding with a tech geek? That’s how non-financial people feel when looking at an investment fact sheet or reading a fund manager letter. In this article, I explain a few of the concepts that are important for you to understand …
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Twitter’s next frontier
For all its ubiquity, Twitter hasn’t always been the most popular kid on the playground. Advertisers, its main source of revenue, have flocked to Facebook and Google and users have favoured Instagram and Pinterest. As a result, investors have also turned their attention and money elsewhere, causing the share price to languish well below its IPO price for many years. …
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Twitter’s next frontier
For all its ubiquity, Twitter hasn’t always been the most popular kid on the playground. Advertisers, its main source of revenue, have flocked to Facebook and Google and users have favoured Instagram and Pinterest. As a result, investors have also turned their attention and money elsewhere, causing the share price to languish well below its IPO price for many years. …
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Twitter’s next frontier
For all its ubiquity, Twitter hasn’t always been the most popular kid on the playground. Advertisers, its main source of revenue, have flocked to Facebook and Google and users have favoured Instagram and Pinterest. As a result, investors have also turned their attention and money elsewhere, causing the share price to languish well below its IPO price for many years. …
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Berkshire Boomers – can they adapt?
The Berkshire (Hathaway) duo, none other than Warren Buffett and Charlie Munger, have been in the news this week. With Buffett at just 90 years old and Charlie Munger at a sprightly 97 years old, even TikTokkers almost feel bad when they throw the “ok, Boomer” line at these elderly statesmen of the investing community. Boomers were born between 1946 …
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Shooting the shorts
With 9.2 million members (or “degenerates” as they are known) and language that would make a sailor blush, the r/wallstreetbets army has become a force to be reckoned with. Reddit CEO Steve Huffman refers to the community as using “crass-at-times language” which is like describing our government as being “mildly susceptible to corruption”. Their hero is Roaring Kitty, whose name …
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Bumble: the first move matters
It’s hard not to be jealous of the American market. I can’t even remember when last we had a genuinely exciting IPO (new listing) on the JSE. Meanwhile, barely a week goes by without an interesting new opportunity in the US. The latest IPO to catch my eye is Bumble Inc, a dating app with an important difference. Women have …
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