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That's what happens when your thumb is too big for the virtual keyboard. Post stuff on the wrong thread.Thanks for supporting one of mine. Now let's drill down a bit further - what brand ? (If not Grolsch, you are missing out).
Disregard everything I post after 7.30 pm as I'm normally investing in SAB at that time.
their full year earnings are going to be considerably higher than 20 %, Their half year earnings were 80% to 100% higher, which caused the price hike.Yes, you are right. All depends on the 'cosiderably higher' figures.
So getting a full year at @20% + when you where already 80 to 100 at half time makes me wonder
South African manufacturing growth unexpectedly slowed in June, undermining the outlook for Africa’s biggest economy.
Factory output expanded 0.4 percent, down from a revised 2.1 percent in May, Statistics South Africa said on its website. The median estimate in a Bloomberg survey of 11 economists was 4.3 percent. Output contracted 3 percent in the month.
Maybe, maybe not.OCE ? well sure, but like agri shares one is at the mercy of nature.
Thus Mr Bond, what you saying is that God is looking after my investment...........I can live with that.
Man, I like this one a lot.He..he..he. That's my signal not to buy.
July 30 (Reuters) – Naspers Ltd <NPNJn.J>:
Morgan Stanley raises price target to 870 rand from 763 rand; rating overweight
Element Investment Managers points out that Sasol’s current earnings, underpinning its R30bn market cap, are approximately R28bn compared with Naspers’s earnings of below R7bn. Even using the “core” earnings figure of R9.2bn presented by Naspers’s management instead of the International Financial Reporting Standards figures, the comparatively low level of earnings underpin remains stark.
“Whichever of the earnings figures we use for Naspers, Sasol is still earning three times more, yet investors are pricing Naspers today as worth more than Sasol,” Element Investment Managers said, adding that Naspers was a good quality company and had been innovative in many spheres. “But the margin of safety does not appear to be there to warrant an investment at this point.”
At a current price of R795, the 11.7 million shares that Bekker was awarded as remuneration for the five years to the end of March are worth R9.3bn. The cost to Bekker of the shares is just over R2bn.
This puts the value of his remuneration package significantly ahead of any other executive on the JSE, including executives of companies that have their primary listing on an international bourse.
listened to who?Wife, as stated.
How many did you buy?Zero
That's what my wife said when I wanted to buy NPN; (I listened).
But I have been bitten in the past by investing in companies that have no actual assets and only grow on investor sentiment and profits.I am a conservative idiot
The S&P 500 futures have surrendered their gains in reaction to the latest set of economic data.
July nonfarm payrolls came in at 162K versus the 175K expected by the Briefing.com consensus. Nonfarm private payrolls added 161K against the 195K consensus. The unemployment rate was reported at 7.4%, while the Briefing.com consensus expected the rate to tick down to 7.5% from 7.6%.
Hourly earnings declined 0.1% while the Briefing.com consensus expected an uptick of 0.2%. Average workweek was reported at 34.4, which was below the Briefing.com consensus, which expected a reading of 34.5.
June personal income rose 0.3% while the Briefing.com consensus expected an uptick of 0.5%. Meanwhile, personal spending increased 0.5%, above the Briefing.com consensus, which called for an uptick of 0.4%.
Lastly, core PCE prices ticked up 0.2%, in-line with the Briefing.com consensus.
