Garth Mackenzie hosts this excellent podcast where he has candid discussions with traders and more recently analysts and other interesting figures in the market. I was approached as one of the latter, based on my fresh approach to financial content and explaining the markets in a way that makes them accessible to more people. This is definitely the most personal …
View PostBarloworld is an interesting company that keeps me busy. I’ve written a few times this year about the happenings at the company. Barloworld is currently a turnaround story. With a market capitalisation above R18bn (the value of the company based on the share price and the number of shares in issue), it’s certainly not a small cap either. The company …
View PostThe Competition Commission recently announced that it will investigate Takealot’s dominance over the e-commerce market, likening the company to Amazon and Alibaba. Commissioner Tembinkosi Bonakele said the Commission would take a proactive approach to determine any behaviour by ecommerce platforms “which may be excluding rivals and entrenching dominance” before it happens. This implies that the Commission hasn’t identified any market …
View PostThe Finance Ghost and Mohammed Nalla (Moe-Knows) welcome their first guest to the Magic Markets podcast: Nerina Visser. Nerina is a highly respected expert in South African financial markets, with a particular focus on ETFs. She is also the President of the CFA Society of South Africa. In this episode, the three protagonists debate the rules around retirement savings and …
View PostThe Finance Ghost and Mohammed Nalla (Moe-Knows) welcome their first guest to the Magic Markets podcast: Nerina Visser. Nerina is a highly respected expert in South African financial markets, with a particular focus on ETFs. She is also the President of the CFA Society of South Africa. In this episode, the three protagonists debate the rules around retirement savings and …
View PostThe DIY and home improvement market in South Africa is substantial. Using Stats SA trade sales data, it can be roughly estimated to represent around 8% of the total retail market in South Africa. Within this space, there are DIY-focused players (like Build-it which is owned by Spar), wholesale-focused companies (like Cashbuild) and those who follow more of a hybrid …
View PostThe DIY and home improvement market in South Africa is substantial. Using Stats SA trade sales data, it can be roughly estimated to represent around 8% of the total retail market in South Africa. Within this space, there are DIY-focused players (like Build-it which is owned by Spar), wholesale-focused companies (like Cashbuild) and those who follow more of a hybrid …
View PostBarloworld operates a variety of businesses. A conglomerate from an age when conglomerates were cool, Barloworld is now a bit of a dinosaur as a corporate structure. The problem is that the group is too diversified. Investors can’t take a clear view on just one sector or geography within the group but must instead invest into the full story. In …
View PostIn the third episode of Magic Markets, we ask you to touch our junk. Well, our junk bonds. To be more precise, we unpack the role of ratings agencies and why investors use them to rate government and corporate bonds. Join The Finance Ghost and Mohammed Nalla of Moe-Knows.com as we answer these questions: What do ratings agencies do? Why …
View PostIn this previous article in October, I flagged that there’s a new sheriff in town at Adcorp. Highly respected CEO Phil Roux has been making good on his promise to turn Adcorp around. I’m going to once again quote from an interview he did with Giulietta Talevi of Financial Mail in July: “I’ve identified eight value drivers and I’m going …
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