Ghost (????????????????????????) busters – edition 3
In this edition, we focus on one of the most important terms in finance: liquidity. This isn’t just useful in your investing journey, but is a key part of any personal finance decision like buying cars or houses. We will just scratch the surface of this concept. We also touch on the development board of the JSE: the AltX. the_ad …
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Finance FAQs edition 1: JSE | Working Capital | Emerging Markets
People use financial terms all the time, but rarely have a proper understanding of them. Simple terms aren’t always so simple. There’s no such thing as a stupid question, but people are still nervous to ask. From time to time, I’ll deal with a set of unrelated topics or questions in the finance world. Feel free to submit ideas for …
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Capitec’s Corona-coaster ride
Capitec has had a volatile few weeks even by current market standards. The bank has been the darling of the market for years, growing from obscurity to become South Africa’s largest bank by retail customer numbers. So, what’s going on? Tracking the Corona-coaster. Capitec fell from around R1,440 per share in mid-Feb to R1,110 by the third week of March, …
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Tourism mourns an industry giant and its own demise
It was a landmark week in the tourism industry for all the wrong reasons, topped off by the passing of industry icon and world-famous South African, Sol Kerzner. It’s worth touching on his legacy before discussing the Tsogo Sun Hotels announcement that came out on Friday after the markets closed. Kerzner – a life less ordinary. Kerzner’s colourful life can …
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Sasol’s fight for survival
In a sea of red share price movements, Sasol has stood out over the past couple of weeks as a turd that even the COVID-19 toilet paper hoarders would struggle to get rid of. Nonetheless, it’s a turd that many financial professionals are buying up at the moment. The reason is pretty simple – if it recovers, it has the …
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