Is a good company always a good investment?
This question was posed to me last week by a reader and makes perfect sense. Simply put, is it always true that a strong company with a great brand and solid products is also an attractive investment? Immediate logic dictates that the answer must be yes – after all, the world’s most famous companies are almost indestructible, aren’t they? Isn’t …
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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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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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