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@ Mr P, yes. Now trying to figure out if I will be able to stay if he goes Private

FRikke I Am geTiNG a Hiding

Quote from: jaDEB on July 15, 2018, 01:03:14 pm

NPN 69%
Netflieks 15%
Tiensent 9%
Tesla 3%

jaDEB, why do you own Netflix and Tesla? To my mind these stocks are trading on the dot-com 2001 mentality of eyeballs over profits!!! They seem to think that it's not a problem to make a loss, they'll simply make it up with subscriber volumes. Problem is that they're losing money on every subscriber or every car that they make, so higher volumes = higher losses. I don't get the analysts who reckon these businesses will one day make money. Google and Facebook eyeballs that pay nothing per month are far easier to get than Netflix or Tesla customers who actually have to pay something. Guess I'm old school, "money in is better than money out".

Last year Netflix burned through over $2-bn. That's a $17.8m loss for every one of the 112 Emmy's they were nominated for. That's worse than the previous year where every Emmy cost them around a $16m loss. Basically they have to keep spending oodles of cash just to make semi-decent TV shows, whilst every other Tom, Dick and Harry is snapping at their heels and ready to steal their subscribers, or enter into a price-war. Their first-mover advantage is over and it's brutal out there now.

I like Tesla but when you can rent an electric powered BMW for a tiny monthly amount, versus paying for an overpriced Tesla, I think Elon also has an almost impossible task on his hands, never mind his technical issues. Mind you, his multi-billion pay packet (highest ever in history) should help him focus. Oh wait, he's in Thailand, or sleeping on the factory floor again, or running off to Space-X, or coming up with some other cool idea. I like the guy but I suspect shareholders are close to throwing in the towel on him, no matter how cool his cars are.

All you say above is correct, but I do believe that Netflix and Tesla is something I want to be invested in for the Medium/long term future. Tesla results out on Wednesday.

got it GRF

What is Group 5 code on JSE?

3 things

SHANGHAI, July 10 (Reuters) - Tesla Inc on Tuesday signed agreements with Shanghai authorities that will allow it to open a plant in the Chinese city with an annual capacity of 500,000 cars, local media reported.
The U.S. carmaker signed agreements with the Shanghai municipal government, Shanghai Lingang Area Development Administration and Lingang Group, according to news website Knews, which is affiliated with state-owned Shanghai Media Group.
Tesla has been in protracted negotiations to open its own factory in China to help bolster its position in the country's fast-growing market for electric cars and to avoid high import tariffs. (Reporting by Brenda Goh and BEIJING Newsroom)
First Published: 2018-07-10 06:11:30
 Updated 2018-07-10 13:46:58