The “other” exchanges
Recently, I co-hosted a Twitter Space with Mark Tobin. We invited Kevin Brady, one of the co-founders of A2X, to join us. Unfortunately, the sessions can’t be recorded. Perhaps that’s a feature Twitter will incorporate in future but for now, it’s a case of listen live or lose out unfortunately! I learnt a lot from the discussion, which inspired me …
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Why entrepreneurs don’t sell to listed companies anymore
The JSE of today reminds me of a hotel under lockdown rules. The infrastructure is there, but the utilisation is low and very few people are making new bookings. The long-standing guests are getting tired of empty swimming pools and boring games nights and are checking out in search of greener pastures. New listings on the JSE are becoming more …
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Coinbase isn’t a shovel
I don’t like tech IPOs (or the nuance “direct listings” for that matter). Before delving into the Coinbase IPO and my thoughts on the company, I want to explain my overall concerns with IPOs. An IPO is the process of a company listing on a stock exchange and raising fresh capital from new investors. In other words, there is cash …
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Coinbase isn’t a shovel
I don’t like tech IPOs (or the nuance “direct listings” for that matter). Before delving into the Coinbase IPO and my thoughts on the company, I want to explain my overall concerns with IPOs. An IPO is the process of a company listing on a stock exchange and raising fresh capital from new investors. In other words, there is cash …
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Magic Markets Ep20: Buy-Toi-Let
In Episode 20 of Magic Markets, hosts The Finance Ghost and Mohammed Nalla (Moe-Knows) discuss property investing and their respective views on whether buy-to-let is a good idea. The Finance Ghost likes to call it “buy-toi-let” instead, which gives you a clue into what he thinks about the idea. With fascinating real world insights into the property market in developed …
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Magic Markets Ep20: Buy-Toi-Let
In Episode 20 of Magic Markets, hosts The Finance Ghost and Mohammed Nalla (Moe-Knows) discuss property investing and their respective views on whether buy-to-let is a good idea. The Finance Ghost likes to call it “buy-toi-let” instead, which gives you a clue into what he thinks about the idea. With fascinating real world insights into the property market in developed …
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Investing with caution
You’ve probably seen companies release “cautionary announcements” over SENS, the Stock Exchange News Service of the JSE. This system ensures that everyone gets information at the same time. The news goes out “on the wires” and the market reacts accordingly. Today, Alaris Holdings Limited released a cautionary announcement, which is a good opportunity to unpack why such announcements exist and …
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My JSE strategy: detailed review
- South Africa
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AngloGold, BHP, Bidcorp, Bidcorp, Capital Appreciation Group, Capitec, Clicks, Distell, DRD Gold, EOH, Gold, Gold Fields, Harmony, Harmony, Investing, JSE, Massmart, Mediclinic, Motus, Motus, Sasol, Stor-Age, Tower Property Fund, Tower Property Fund, Transaction Capital, Transaction Capital
- December 21, 2020
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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Siriusly good results
Sirius Real Estate is one of the better-named companies on the JSE. Not to be confused with the Harry Potter character of the same name, Sirius was established in 2007 and initially listed on the AIM, the development board in London. An AltX listing was added in 2014 (the JSE’s development board) before the listing moved to the main board …
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Steinhoff fine: punishing the wrong people
Steinhoff misrepresented its accounts by literally billions of Euros. It was a scandal that rocked the market when it was uncovered in 2017, putting the Christo Wiese empire into a tailspin and sending shockwaves through the accounting profession. Sentiment of entrepreneurs towards listed companies turned sour. If they couldn’t trust the Steinhoff financials, why should they trust the financials of …
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