Market Scorecard Thanks to mostly beats from major US companies yesterday, the stock market continued its climb higher, meaning that US stocks closed in record high territory! Locally we are less than 1% away from the phycological 60 000 mark. We were briefly above the mark in January and August last year, and then … Continue reading $200m and Beyond
Market Scorecard All good things have to come to an end. The eight-day green streak in the US ended yesterday with a red day for markets. Locally, our market was flat in the morning, then at 11:30 the Rand strengthened and stocks shot higher. That was the case for most of the day, but … Continue reading Watch Your Health
"Twitter themselves have the easiest explanation of what the platform is supposed to be for their users: "the best and fastest place to see what's happening and what people are talking about all around the world. From breaking news and entertainment to sports and politics, from big events to everyday interests. If it's happening anywhere, … Continue reading Subscriber Growth is King
Hey, why haven't you watched last week's addition to humanity, the Blunders weekly release. So that means 6 months of blunders that have been rolling around. Do yourself a favour, watch it - Blunders - Episode 26. It features Fish Paste Oreos, a volcano eruption that threatens humanity, judge us by our car sales rather … Continue reading Stick to what you know, avoid FOMO
"Whilst Vodacom is not a broad part of our client portfolios, it certainly does have an important place. Even if earnings don't show material moves higher, the company is likely to continue to show good dividend growth. In an increasingly volatile world, locally that is. Having said that, the company still has a large portion … Continue reading Yebo Gogo
"OK, back to the point at hand, the sell offs and how long they lasted and what the response was at that moment in time. I am going to also take the responses from the great doom Twitter account (his world is always ending) ZeroHedge (the doom attracts 311 thousand followers) and the voice … Continue reading Bad news sells
"In terms of territories, China still is growing like gangbusters, sales of 12.5 billion Dollars in mainland China represents a 99 percent increase year on year from the corresponding quarter. Wow. Mainland China is now bigger than Europe as a destination for Apple, European growth has been muted, up 2 percent year on year. The … Continue reading Growing only 99% in China, so finished!
"Valeant Pharma stock continued their torrid time of it lately, the stock since the beginning of August is down 43 percent. And that included a ten and a half percent fall last evening. Why? Since the gouging tweet from Hilary Clinton back early August, the company has been subpoenaed by US prosecutors who are looking … Continue reading Tweet Tweet, Boom
"controls the company through a Luxembourg business, Delfin, which has 61.42 percent of the issued share capital. Believe it or not, the next biggest shareholder is Giorgio Armani with 4.955 percent (of which 2.947 percent is held through the ADR program), 5.73 percent of the stock are ADR's, the balance is held on the Milan … Continue reading Del Vecchio, the old man of sunnies
"Twitter's subscriber growth has slowed, the company recorded subscriber growth of 18 percent in the first quarter of the year, on the conference call Costolo indicated that April had been slow. Meaning that subscriber growth had slowed further. I think the problem that new Twitter followers have is that they do not understand what it … Continue reading Doggone! Dick gone.