Taming the Gaming in China

  Market Scorecard Wednesday was one of those days on the market that you would rather forget, there was very little positive news out across all sectors. David Shapiro summed things up quite nicely on Twitter yesterday. Yesterday the JSE All-share closed down 3.41%, the S&P 500 closed down 0.76%, and the Nasdaq closed down … Continue reading Taming the Gaming in China


Nike Soars

  Market Scorecard Two of our biggest holdings on the local market had a great day yesterday, Aspen was up 4.5%, and Naspers was up 5.2%. For Aspen their Chinese milk formula business looks to be worth more than people thought (Aspen's Infant Formula Unit Is Said to Draw Reckitt, Perrigo) and Naspers shot up … Continue reading Nike Soars

Tencent in their own league, legends

"Revenues grew 52% year-on-year (6.048 billion Dollars for the quarter, this is a real big business), operating profits increased 40% year-on-year when compared to the prior third quarter (2015). Profits increased by 42% year-on-year to 1.614 billion Dollars, there was slippage with operating margins from 39 to 36%."   Attention: One of our sub-tenants is … Continue reading Tencent in their own league, legends