A listed company, for example on the Johannesburg Stock Exchange (JSE), allows its shares to be traded publicly on the exchange. This enables anyone to put in a bid for the shares which could match with an offer from an existing shareholder and… …BINGO magic happens. Shares have been traded, there’s a new shareholder on the shareholder register and the …
View PostA listed company, for example on the Johannesburg Stock Exchange (JSE), allows its shares to be traded publicly on the exchange. This enables anyone to put in a bid for the shares which could match with an offer from an existing shareholder and… …BINGO magic happens. Shares have been traded, there’s a new shareholder on the shareholder register and the …
View PostA listed company, for example on the Johannesburg Stock Exchange (JSE), allows its shares to be traded publicly on the exchange. This enables anyone to put in a bid for the shares which could match with an offer from an existing shareholder and… …BINGO magic happens. Shares have been traded, there’s a new shareholder on the shareholder register and the …
View PostVery few people understand what it means to be “listed” on a stock exchange. Perhaps more importantly, even fewer understand what a delisting means, even though this can become the reality for the likes of Comair, which will delist later this year as part of its approved Business Rescue plan. In this article, my intention is to explain some core …
View PostDo you have a pension? Do you have South African unit trusts? It’s more likely than not that you are a Naspers shareholder, albeit indirectly. Naspers made the news this week again, this time for an investment in Food Supply Network for an undisclosed sum. The company operates an independent business-to-business marketplace that improves the process of food delivery and …
View PostCapital markets are fascinating. They are the arenas for gladiators to make and lose fortunes, all in the pursuit of business greatness. Traders in the stands mercilessly punish failure and support success, driving the gladiators to put everything on the line. Investors seek out the gladiators with real staying power; the ones that have figured out how to survive multiple …
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 PostThe word “trading statement” is typically the intro line to a horror movie on the JSE at the moment. Companies need to release a trading statement when they have reasonable certainty that the results for the upcoming reporting period will differ by at least 20% (up or down) from the prior period. Think of it as either an early celebration …
View PostIn 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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