In my second appearance on the Honest Money podcast, I get personal about money. Some of the topics covered include: The real cost of having a baby Using debt to buy shares A discussion on good vs. bad debt in general A framework for tracking your financial progress This is real-world stuff and I really hope you find it interesting …
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 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 PostOne of the core principles in designing a great racecar is to achieve a low centre of gravity. Start-ups should learn something from this. Top-heavy cars don’t handle well. The weight is all in the wrong place. At an extreme, they can topple over. There’s a reason Formula 1 cars aren’t shaped like toasters. The same principle applies to start-ups, …
View PostIn case you haven’t noticed, the economy has opened up considerably. Restaurants are busy and people are finally doing things with their lives (and money) again. It’s worth touching on a couple of economic health barometers: new vehicle sales and manufacturing sentiment. New vehicle sales: do consumers have money? Bearing in mind that interest rates in South Africa are at …
View PostBalwin Properties is one of the more interesting property companies on the JSE. Instead of being a typical property fund that owns a variety of shopping malls or office properties, Balwin develops residential estates and sells off the units. It’s primarily a gross profit model, not a rental model, although Balwin isn’t shy to rent out properties either. They’ve been …
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 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 PostI feel that I must apologise up-front for the annoyance of a company name in capital letters. For an education group, one might think that STADIO (see?) would know that only one capital letter is necessary. Nevertheless, that’s their brand, so STADIO it is. Perhaps they want to shout the name from the rooftops and it’s hard to blame them …
View PostThis may sound like I’m about to wax lyrical about Bitcoin. Trust me, that’s the last thing you’ll ever read about from me. I write about real assets i.e. the kind that generate cash flows. There was a time when the smartest kids at university fought over jobs at banks. Investment banking careers, like corporate advisory or proprietary trading, were …
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