The side hustle: a particular passion of mine. In my podcasting debut, I discuss this wonderful concept with none other than Warren Ingram, well-known financial planning expert and author of various publications. Check out other episodes of his podcast Honest Money here. the_ad id=”3223″
View PostThis is a term that you will hear often. “Company X released earnings today” or “Company Y announced a dip in revenue” – but what does it actually mean? The basics: listed companies must report detailed financials Listed companies (i.e. those that trade on a stock exchange like the JSE) are required to announce certain information to stakeholders. Note the …
View PostThis is a term that you will hear often. “Company X released earnings today” or “Company Y announced a dip in revenue” – but what does it actually mean? The basics: listed companies must report detailed financials Listed companies (i.e. those that trade on a stock exchange like the JSE) are required to announce certain information to stakeholders. Note the …
View PostIt’s been a busy week for Sanlam, the Cape Town-based financial services firm that historically entrenched itself in the Afrikaans community and has grown from there. The company released results, announced a B-BBEE transaction and suffered a 4% decline in the share price. The standout asset management result in recent times has without a doubt been Sygnia, reflected in 35% …
View PostIt’s been a busy week for Sanlam, the Cape Town-based financial services firm that historically entrenched itself in the Afrikaans community and has grown from there. The company released results, announced a B-BBEE transaction and suffered a 4% decline in the share price. The standout asset management result in recent times has without a doubt been Sygnia, reflected in 35% …
View PostThe Office is a UK comedy starring Ricky Gervais that has brought tears of joy to many, but the UK shoe business that shares a name with the show has brought tears of sadness to Truworths. It hasn’t been a happy time on mud island for many South African corporates. The 2016 Brexit referendum caused immense pain for the …
View PostSasol is up 600% since the share price collapsed in March. It’s down 11% over the past two days. This gives an idea of how nervous investors are about the company after the latest financial results were released. Sasol is my single largest exposure in my portfolio. That’s not because I bet the farm on the stock, but because I …
View PostLockdown Level 2 is here and boets everywhere are rejoicing. It’s time to klap gym again chana, maybe H2O will even be back this summer! Not so fast chaps. Only 50 people will be allowed in any gym at a time, presumably including the staff and certainly including the skinny folk on the spinning machines. Friends may not let friends …
View PostI am almost tired of writing about how Capitec’s valuation cannot be justified. Almost. Trading at a Price / Book value way above its peers, Capitec’s top management continue to shrug off the realities of lockdown. Shareholders are reassured that everything will be ok and that Capitec will still show a profit this year. Will that be the case? Latest …
View PostClicks released a voluntary trading statement today. Voluntary statements generally mean good news, because JSE executives in general aren’t famous for shouting from the rooftops when things are going badly. Clicks is an interesting business, operating an iconic retail business and a powerful wholesale business. The group also has a number of smaller retail chains. the_ad id=”3223″ Margin mix is …
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