THE FINANCE GHOST: Don’t die on that one hill

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THE FINANCE GHOST: Don’t die on that one hillIf you get it right more often than you get it wrong, you can still generate market-beating returns. Where you get it badly wrong, you don’t blow up your portfolio, writes FinanceGhost.
Source: FinancialMail - 🏆 20. / 63 Read more »

PHANTOM SHARES: The Finance Ghost: Strong run by banks, Blue Label Telecoms’ complex plans to refinance Cell CLast week Standard Bank released results for the year to December 2021 that reflected a solid rebound in performance, with an increase in return on equity from 8.9% in 2020 to 13.5% in 2021. Based on the latest net asset value per share of R124.93 and a price of R173 per share at the time of writing, Standard Bank is trading at a substantial premium to net asset value of 38.5%.
Source: dailymaverick - 🏆 3. / 84 Read more »