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...
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:
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.
Start date for South Africa’s new finance laws – with more to come in 2023National Treasury has announced the commencement dates of South Africa’s new finance laws.
Source: BusinessTechSA - 🏆 24. / 61 Read more »
International Finance: Stocks fall after fledgling rally, yen strengthens: markets wrapUS and European equity futures declined and Asian shares fell in some markets on Tuesday in a sign that further pain lies ahead after global stocks tumbled by a fifth last year.
Source: dailymaverick - 🏆 3. / 84 Read more »
International Finance: Five things to watch in Asia stocks after $5-trillion wipeoutTurnaround hopes for Asian equities abound after a near $5-trillion wipeout in valuation, with investors betting some of the biggest bugbears of last year will evolve into tailwinds for 2023.
Source: dailymaverick - 🏆 3. / 84 Read more »
International Finance: Asia factories remain under pressure as global demand slowsAsia’s manufacturers remained under pressure in December as activity continued to contract under the weight of slowing global demand.
Source: dailymaverick - 🏆 3. / 84 Read more »
International Finance: JSE starts 2023 where it started 2022 in rand terms, uncertain times ahead2022 was a bad year for global equities, which lost about a fifth of their value in the worst calendar year performance since the global financial crisis over a decade ago. Against this backdrop, the JSE did not fare too badly but we live in uncertain times, clouding the outlook for 2023. 𝐈 𝐚𝐦 𝐡𝐚𝐩𝐩𝐲 𝐬𝐡𝐚𝐫𝐢𝐧𝐠 𝐭𝐡𝐢𝐬 𝐡𝐞𝐫𝐞, 𝐣𝐮𝐬𝐭 𝐰𝐢𝐭𝐡 $𝟏𝟎𝟎𝟎 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐞𝐚𝐫𝐧𝐞𝐝 𝐦𝐞 $𝟏𝟏,𝟏𝟎𝟎 ,in Just 3_days 𝐭𝐡𝐢𝐬 𝐢𝐬 𝐚𝐧 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐲𝐨𝐮 𝐜𝐚𝐧’𝐭 𝐚𝐟𝐟𝐨𝐫𝐝 𝐭𝐨 𝐦𝐢𝐬𝐬. 𝐓𝐡𝐚𝐧𝐤 𝐲𝐨𝐮 Reyes_martha_FX
Source: dailymaverick - 🏆 3. / 84 Read more »
International Finance: Rolex gets more expensive in UK and US with latest price hikesRolex SA raised prices in the US and UK by an average of about 2.5%, the latest increases for the top Swiss watch brand, according to analysts at Barclays.
Source: dailymaverick - 🏆 3. / 84 Read more »