Equity reports

Get To Know Your Offshore Companies: TENCENT HOLDINGS LTD (HK: 0700)

Tencent Holdings Limited recently released its third-quarter results for the period ended 30 September 2019. The group reported revenue of RMB 97.23bn, up by 21% compared to the prior period (3Q18: RMB 80.59bn). The fastest-growing segment was the Fintech & Business segment. Tencent’s online advertising business reflected the slowest growth rate relative to VAS and Fintech […]

Equity reports

Get to know your offshore companies: WALT DISNEY COMPANY (NYSE: DIS)

The Walt Disney Company released its results for the financial year (FY19) ending 30 September 2019, as well as its fourth-quarter results. The group posted revenue of $69.57bn (FY18: $59.43bn) for the full year, which increased by 17.06% year on year. The company’s diluted earnings from continuing operations per share declined by 25% to $6.27 […]

Equity reports

Get to know your offshore companies: ANHEUSER BUSCH INBEV NV (EURONEXT: ABI.BR)

Anheuser Busch is one of the largest brewing companies in the world, with a portfolio of over 500 beer brands. The company released its third-quarter results on the 25th of October 2019 for the nine months ending 30 September 2019. They reported total revenue of $13.17bn for the third quarter, up by 1.98% (3Q:18 $12.9bn). During […]

Equity reports

Get to know your offshore companies: ALPHABET INC. (NASDAQ: GOOGL)

Alphabet Inc recently released its third-quarter results for the period ending 30 September 2019. The company beat expectations on revenue, delivering top-line growth of 20% to $4.5bn, driven by mobile search, YouTube and cloud. The group’s net income  decreased to $7.08bn (3Q18: $9.1bn) which translated into diluted earnings per share of $10.12, a decline of […]

Equity reports

Get to know your offshore companies: PEPSICO INC (NASDAQ: PEP)

PepsiCo reported its third-quarter 2019 results on the 3rd of October. The company’s core earnings per share declined year-over-year, due to increased selling & general expenses, which also negatively affected operating margin. The group indicated that it expects to meet or exceed its organic revenue target of 4% for the full year. Year-to-date, the group […]

Equity reports

Get to know your JSE companies: MMI HOLDINGS LTD (JSE: MMI)

MMI Holdings was formed from the merger of Metropolitan and Momentum and listed on the 1st of December 2010. The company recently released an operational update for the nine months ended 31st of March 2019. Diluted headline earnings per share rose by 29%, mainly as a result of the share buy-back program, stable profitability in Momentum […]