My JSE strategy: detailed review

Ghosts are transparent by design and The Finance Ghost is no different. I love sharing my portfolio moves and the way I arrived at decisions. Goodness knows I don’t always get it right, but if I’m not prepared to publicly share my decisions, then how can we all learn from each other? To close off 2020, I’ve decided to give …

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Dis-Chem’s regulatory headaches may hurt its M&A strategy

Dis-Chem had a rough few months in the court of public opinion. The company wanted special concessions from landlords, even though it was one of the few retailers allowed to remain open. That paled in comparison to the reputational damage from the allegations of hiking the prices of masks. Thankfully for Dis-Chem, Clicks had a real “hold my beer” moment …

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Clicks took all its vitamins this year

Clicks 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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