Market Scorecard The Kim and Donald meeting seemed to go well this morning, there was plenty of hand shaking and smiling for cameras. They also signed some form of agreement; we are not sure what it is though. Nobel Peace Prize on its way? I glanced at a graph of the RSA 10-year yield … Continue reading Strykes in Boston
Market Scorecard News that Trump wants to intervene to keep Chinese company ZTE operating, was interpreted by the market that trade negotiations between the US and China are progressing positively. For the last hour, Bloomberg has been on in the background, they have repeatedly shown an interview with Turkish president Recep Tayyip Erdogan, where … Continue reading Vodacom Goes on Safari
"Come a little closer partner was the message. Why? Vodacom will acquire a 34.94 percent indirect interest in Safaricom, by acquiring a 87.5 percent stake in Vodafone Kenya, from Vodafone Plc. Vodafone Plc. will retain a 12.5 percent stake in Vodafone Kenya, giving them (Plc.) an effective 4.99 percent in Safaricom." To market to … Continue reading Vodacom goes on Safari
"More people use more data as their phone advances in technology. Watching YouTube (which didn't exist back then) clips on the Nokia 3210, no ways! WhatsApp, what is that? You were sending 2 Rand a pop sms' and if memory serves, you were confined to a certain number of characters. Otherwise it rolled over to … Continue reading Competition for Data must Rise!
"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
"In Athens you can definitely see the battle scars of the boom to relative bust scenario, there are shops boarded up, a few political spray paintings and signs (some look communist), generally people are going about their business. The infrastructure looks really good in some places, and really poor in others." To market to market … Continue reading Live from Greece
"Naspers is an incredible story and a global business South Africa should be truly proud of. Not all bad news coming from the Southern tip of Africa. We continue to buy at these levels." To market to market to buy a fat pig. As many people expected after the call for a referendum by the … Continue reading Naspers, proudly global