Mia Kruger CFA®
What a Week @ETMAnalytics George Glynos's criticism of the budget is justified as ratings agencies look to potential downgrades. We talk @Discovery_SA ,@JSE, @Implats & @WOOLWORTHS_SA
Full show: https://youtu.be/qAf8YJOqmDo
@davidshapiro61 @LindsayBiz @Mia_Kruger @JanineBester
Before we had the #Budget2021 on our minds, I had coffee with @SimonPB this morning. We talked about holding your winners and selling your losers.
You can listen to it below.
[LISTEN] '...it’s better to hold on to your winners & sell your losers faster' – @Mia_Kruger tells @SimonPB #MoneywebNOW #podcast #investing #finance http://ow.ly/2u6z50DIqKM
The SA #Budget2021 came with no surprises. Gov will use their cash (they received from mining co's paying more tax due to higher commodity prices) to reduce their borrowing. This is positive. I also see that the companies tax rate will be reduced to 27% (from 28%) in 2022.
This should be considered a national crises with priority to solve @lingskevin
South Africa unemployment rate jumped to 32.5% in last quarter of 2020, with youth unemployment up at 63.2%. Data collection still distorted by Covid-19. During the quarter the economy added 333 000 jobs, however the number of people regarded as unemployed rose by 701 000
YOU ONLY LEVERAGE ONCE
Fancy Friday with @bronwynnielsen & @davidshapiro61
.@davidshapiro61 says the JSE All Share is up 40% in dollars terms over 5 years but if you had been in the Resource 10 you would be up 160% over this period. @Mia_Kruger weighs in on building portfolios for the long term. Access Full show https://youtu.be/tqkaYiNr-nw @JanineBester
It was lovely to dress up again, thanks @bronwynnielsen ! And thank you for always being such a gentleman @davidshapiro61 Great show.
Thanks for being such a good sport @Mia_Kruger and agreeing to the glamour factor for our show today. @davidshapiro61 @LindsayBiz you were missed “What a Week” @JanineBester https://twitter.com/bronwynnielsen/status/1362484635914166272
Great White Sharks have disappeared from False Bay due to over fishing. https://www.bbc.co.uk/news/world-africa-55894733
Illegal fishing trawlers operating from Gordon’s Bay Harbour. SA Government turns a blind eye
Bitcoin, Bitcoin & more Bitcoin. @Mia_Kruger says recent research demonstrates that Bitcoin has a carbon footprint the size of New Zealand & uses more energy that the whole of Chile
Access Full Show https://youtu.be/Vpu1J3UimFU
@davidshapiro61 @NickKunze2 @LindsayBiz @JanineBester
Lots of #earnings came out this week.
$DIS Disney came in with strong subscriber nr’s, but revenue per sub’s was down 28%.
$TWTR Twitter had less user growth than expected. Beat on earnings & revenue. Expects users to grow by 20% this year & expenses to grow by 25%.
Charl Bester CFP®
The $1.3 trillion fund also excluded Anglo American & Sasol. Norway’s wealth fund excluded Glencore and 14 others in 2020 https://www.businesslive.co.za/bd/companies/2021-02-25-norways-wealth-fund-excluded-glencore-and-14-others-in-2020/
Agree, a store of value don’t go up multiple times in one year just to half the next. Yellen sounds warning about 'extremely inefficient' bitcoin @CNBC https://www.cnbc.com/2021/02/22/yellen-sounds-warning-about-extremely-inefficient-bitcoin.html?__source=iosappshare%7Ccom.apple.UIKit.activity.PostToTwitter
Lekker verjaar SA Rand. ‘n Volle 60 jaar oud, hoop die bene hou in aftrede! Die dag toe SA sy ponde ruil vir rande - https://www.netwerk24.com/Stemme/Aktueel/die-dag-toe-sa-sy-ponde-ruil-vir-rande-20210214 @Netwerk24
It's already #earnings season in the US again!
$NFLX $BAC $FCEL $GS $PG $INTC $SCHW $UNH $MS $HAL $FAST $CMA $STT $ASML $UAL $ONB $IBM $TFC $JBHT $MBWM $CTXS $USB $UNP $ALLY $TRV $BK $AA $LOGI $SLB $ZION $CFG $KEY $FBC $ISRG $IBKR $FHN $BKR $KMI $NTRS $DFS $CSX $EDU $HOMB
The last time the #JSE AllShare traded above 61 000 was way back in January 2018.
Not many better places to keep your social distance. Dwarswegstrand in the Garden Route. Support @allanwinde and be responsible.
This price is opportunistic rather than fair. Management would never accept a takeover at this price. Anchor Group plans to delist from the JSE - by @larrymyboy #MoneywebNews https://www.moneyweb.co.za/news/companies-and-deals/anchor-group-plans-to-delist-from-the-jse/ via @Moneyweb
We have juicy yields on RSA government bonds if your willing to take the risk. Canada's pension fund is reviewing bond holdings in light of zero interest rates @CNBC https://www.cnbc.com/2020/09/16/singapore-summit-cppib-ceo-on-zero-bound-interest-rates.html?__source=iosappshare%7Ccom.apple.UIKit.activity.PostToTwitter