THE FINANCE GHOST: Shoprite shows the power of focus

  • 📰 FinancialMail
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

France Nouvelles Nouvelles

The retailer is a classic example of a business that lost its focus, then found it — with a corresponding fall and rise in its share price, writes FinanceGhost.

There are those who prefer to have a highly concentrated portfolio of investments, backing themselves to consistently pick winners and avoid major losers. If it works, it works beautifully.

But if a 20% position goes wrong, returns are ruined for a long time...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 20. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Personal Finance | How to prepare for Black Friday | City PressBlack Friday is one of the more dangerous times of the year for poor credit behaviour. Note these tips from Maya Fisher-French before swiping that card
La source: City_Press - 🏆 7. / 72 Lire la suite »

Ghana at high risk of debt distress, finance minister saysGhana will freeze the hiring of public and civil servants and extend a moratorium on government car purchases and non-essential travel in order to tackle a spiralling debt crisis, finance minister Ken Ofori-Atta said on Thursday.
La source: ReutersAfrica - 🏆 31. / 53 Lire la suite »

Gauteng’s budget adjusted by R2.4 bn – Finance MEC MamaboloMamabolo presented the Medium-Term Budget Policy Statement to the provincial legislature Thursday morning. khanya_mntambo Adjusted..... Translation..... khanya_mntambo The ANC in Gauteng, in their desperation to retain power in 2024, is appropriating all budget not yet spent or stolen and directing it to their supporters in townships & informal settlements. Using public money to finance their election campaign.
La source: ewnupdates - 🏆 30. / 53 Lire la suite »

South Africa Closes Finance Bill Loopholes to Stop CrimeSouth Africa's Finance Minister Enoch Godongwana has welcomed the passing of the Finance Amendment Bill on November 22, 2022 - to counter money laundering, as well as the financing of terrorism. This amendment aims to prevent "greylisting" - defined as a global attempt at preventing illicit funds being channelled to terror groups or organisations.  The minister said this development marked a significant milestone in actions taken by South Africa to address deficiencies in dealing with money laundering and the financing of terror, that was identified by the Financial Action Task Force (FATF).
La source: allafrica - 🏆 1. / 99 Lire la suite »