THE FINANCE GHOST: Why Bidcorp’s fattening margins are worth a second look

In a bull market with cheap money thanks to low interest rates, many investors are interested only in revenue growth. This is a venture capitalist way of thinking: grow the top line and the rest will come out in the wash.

This is dangerous. The risk is that a strong share price performance can be mistaken for an attractive fundamental thesis, a classic “rising tide that lifts all boats” scenario. There are many investors and even professional fund managers who looked like rock stars during the pandemic, yet performance was driven almost entirely by macro conditions. When absolutely everything is going up, it’s not hard to generate a positive return...

Canada Canada Latest News, Canada Canada Headlines

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

THE FINANCE GHOST: Why Bidcorp’s fattening margins are worth a second lookRevenue growth is meaningless if every sale is made at a loss. It’s margins that ultimately pay the bills — just ask Prosus
Source: FinancialMail - 🏆 20. / 63 Read more »

‘Please be good this year’ asks the family behind Fish Hoek's Christmas light house | Business InsiderMatthew Haines threw the switch on his spectacular suburban light display on Thursday night – and made a Christmas wish for lots of silent nights between now and 25 December. BISouthAfrica How is this unnecessary use of electricity being celebrated in our country BISouthAfrica This is the reason for current loadshedding 😂 BISouthAfrica Where’s the power coming from ?
Source: BISouthAfrica - 🏆 34. / 51 Read more »