THE FINANCE GHOST: When the capital stack gets ugly

  • 📰 FinancialMail
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Business News News

Just ask gobsmacked shareholders in Steinhoff, Tongaat or Nampak — if there are issues with a company’s balance sheet, no amount of sales will help, writes FinanceGhost.

If you’re only looking at the income statement when figuring out which shares to buy, you are suffering from a huge blind spot in your investment analysis. Not sure why? Have a look in a dark, sad corner for a shareholder in Steinhoff, Nampak or Tongaat. In a pool of tears, you’ll find some of the answers.

The income statement tells you a lot about how the company makes money and very little about where that money goes. You can have the most profitable business in the world, but if the keys are held by the bank and the preference shareholders, it hardly matters. As an ordinary shareholder, you can be stuck outside the window in the snow, watching everyone else eat the Christmas gammon...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

THE FINANCE GHOST: When the capital stack gets uglyJust ask gobsmacked shareholders in Steinhoff, Tongaat or Nampak — if there are issues with a company’s balance sheet, no amount of sales will help, writes FinanceGhost. FinanceGhost Financial stability is guaranteed to those who work towards it. I have given listening ears to his mentoring and I have learnt that if you wanna get rich, don’t save your money, invest it with JamesAlderson0 and watch how your life would be transformed for the better FinanceGhost I can't keep this good news to myself I traded with a little investment capital of R5,000 but to my greatest surprise I got my profit of R33,956 all thanks to shirley_ralphy Her experience and trustworthiness is unmatched🥰 FinanceGhost I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Allison_Grillo, and I gave Bitcoin trading another try, I successfully withdrew $35,000 after two weeks of trading, am so grateful Allison_Grillo thank you.
Source: FinancialMail - 🏆 20. / 63 Read more »

Personal Finance: *BUMPER* How to make sure you enter 2023 with your finances in order​​It is important that your family knows where your will and any other important documents are.
Source: dailymaverick - 🏆 3. / 84 Read more »

Cabinet Ratings 2022: Minster of Finance Enoch Godongwana | News24Enoch Godongwana, who took up the position of finance minister just over a year ago, is one of the top performers in Ramaphosa's cabinet. | politicsblahbla politicsblahbla I have never seen a trader as perfect as Mrs JamesAlderson0 He knows how to analyse trade, and with his strategies he earned me so much profit. I made R200,000 with R20,000 in just 14 days days of trading with him. Why don't you check it out yourself. JamesAlderson0 politicsblahbla politicsblahbla According to the article he is the top performer for mainly two things, 1. Refusing to commit to making social relief grant permanent and not funding ailing SOCS. The bar is too low and the litmus test is neoliberal. But ok.
Source: News24 - 🏆 4. / 80 Read more »

Business Maverick: Troubled Tongaat says secures IDC funding to complete season and prepare for next yearTroubled sugar producer Tongaat Hulett, which entered business rescue in October, has acquired 'post commencement finance' from the Industrial Development Corporation of South Africa (IDC). This will enable it to finish out the current season with seed capital to prepare for the next while the business rescue proceedings unfold. I have benefited so much from her excellent trading technique shirley_ralphy Beginning this journey I started up with R1000, within few days I got a return of R8500. You should hit her up too She’s the best online manager you can be happy investing with!🥰👌 Just stop taxing sugar. 5 years on and people are still fat AF. Studies as showing that artificial sweeteners are much more damaging to humans than sugar. The human body knows what to so with sugar, doesn’t know what to do with artificial sweeteners. Sometimes the smallest step in the right direction ends up being the biggest step of your life. Tip toe if you must, but you take the step with Cormick0Dave You sound have be among thoses crypto lovers so far they are many who have better understanding on how crypto works.
Source: dailymaverick - 🏆 3. / 84 Read more »