Hudaco Industries Limited is a South African-based company, which is engaged in the importation and distribution of branded automotive, industrial and electrical consumable products, operating in the Southern-African region. On Friday, the 28th of June, Hudaco released its interim results for the six months ending May 2019. Under challenging trading conditions, the group managed to […]
Naspers Limited (Naspers) is a global Internet group and technology investor, operating in more than 120 countries. The company recently released its full year results for the period ending 31 March 2019. Revenue for the reporting period increased by 16% yearon-year to US$19.0bn (2018: US$16.4bn) and trading profit grew by 10% year-on-year to US$3.3bn. E-commerce trading […]
Defensive stocks are predominantly found in industries where companies are mainly focused on delivering cheaper products or services that consumers find hard or impossible to manage without. Typical examples of areas where defensive investments can be found include food manufacturers and retailers, medical care and the tobacco and alcohol industries. The fact that delivering these […]
Mediclinic reported its full year (FY) results for the period ending 31 March 2019. The group’s revenue increased slightly, up by 2% to £2 932 bn (2018: £2 876 bn) compared to the previous period. The South African business, which is the third largest private health care group in Southern Africa, contributed 30% towards group revenue. The […]
I’m sure that most people are familiar with the saying about something going hand in hand with something else. Let’s use a cycling team in the Tour de France (TdF) as an example. A team consisting of Peter Sagan and Mark Cavendish simply wouldn’t make sense, because their goals for this year’s TdF, and their […]
Tsogo Sun released its full year 2019 (FY19) results for the period ending 31 March 2019. The group divides its revenue in segments of gaming, hotel rooms, food & beverages and property rental income. Revenue from beverages and gaming activity has been resilient despite the low consumer confidence sentiment which came in at 9% and 21% […]
We find ourselves in the sixthmonth of 2019, a year that can definitely be described as a rollercoaster year. Just over a month ago investors were all excited to see the FTSE/JSE trading positive by 14.5% for this year (up to 23 April 2019) and there was a general feeling of optimism. Now the market […]
Compagnie Financiere Richemont SA (Richemont) is a Switzerland-based luxury goods company. The Company’s regional exposures include, Europe, Middle East & Africa, Asia Pacific and the Americas. The group reported its 2019-full year results on the 17th of May 2019. Richemont posted a robust set of numbers with revenue increasing by 8% (excluding the YNAP and […]
Those of you who follow my reports on a regular basis will know that I love to compare and analyse stocks according to different ratios globally in an attempt to identify the best of the best. I have also pointed out that there isn’t necessarily only one right answer when it comes to investment ratios. […]
“`During my years in this industry, I have met countless investors who simply aim too high with their growth expectations and often refuse to invest according to the risk profile recommended for them. Upon inception, they want to invest as aggressively as possible to achieve the best possible growth, until markets take a turn for […]
As hard as it is to believe, we find ourselves in May yet again, and every year I remind investors who believe in myths and sayings to make sure that the actual data supports what they believe to be true. As I was writing this, the FTSE/JSE Capped Swix All Share Index had already strengthened […]
MTN Group Limited is a mobile operator that offers consumer, digital and business services. It operates in three regions: South/East Africa (SEA), West/Central Africa (WECA) and the Middle East and North Africa (MENA). The MTN group recently reported their full year (FY18) results for the period ending 31 December 2018. The group reported an increase […]
One of the most fascinating places I like to visit is Grand West Casino. Not because I like to gamble (because I don’t), but because people fascinate me. When they enter the casino, they’re all smiles and everyone’s full of enthusiasm. But when they leave, it’s usually a different story. It’s exactly this mood change […]
The Shoprite Group of Companies is Africa’s largest food retailer. The group operates a total of 2 738 outlets in 15 countries across the continent, as well as on the Indian Ocean islands, and employ more than 146 000 people. The company reported its interim results for the period ending 31 December 2018 on the 26th […]
We all have that one thing or event that can take you right back to some of the best times in your childhood. I have plenty, but one that will always stand out is playing board games with my family at the dinner table during holidays. Unlike most families, we didn’t play Monopoly or Trivial […]
The MultiChoice group (MCG) is Africa’s biggest Pay-TV and video entertainment operator. The company operates through four segments, namely MultiChoice South Africa, MultiChoice Africa, Online streaming platform Showmax, and digital security platform Irdeto offered in 50 countries in Africa. Multichoice is a highly cash generative business with a robust balance sheet. The group trades on […]
A friend of mine always tells the story of the farmer who bought a few lambs with the intention of expanding his farming activities. He fed them well and placed them in a small pen. He then set up his camping chair next to the pen, so he could keep a close eye on them. […]
Remgro Limited is an investment holding company. The company’s investment portfolio includes over 30 investee companies. The company focuses on approximately seven industries, including food, liquor and home care; banking; healthcare; insurance; industrial; infrastructure, and media & sport. The company released its unaudited interim results for the six months ended 31 December 2018 on the 19th […]
Rand Merchant Investment Holdings Limited’s listed segments include Discovery, MMI holdings and Hastings, a digitally focused fast growing, agile UK-based short term insurance provider to the van, car, bike and home insurance and has 2.71 million live policies. RMI holds an effective 25.1% interest in Discovery, 27.6% in MMI holdings, 29.9% in UK-listed Hastings and 90.3% in OUTsurance. […]
Bertrand Russel said “Collective fear stimulates herd instinct, and tends to produce ferocity toward those who are not regarded as members of the herd.” This is particularly fitting when we consider investments, as fear and greed are seen as the two main emotions in driving our markets. For this purpose, however, I would like to […]
