The Finance Ghost likes Spur, but MTN not so much

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 77%

المملكة العربية السعودية أخبار أخبار

In this, your first weekly fix of local and international investing and trading insights, we look at the quick-service restaurant sector, telecoms and Apple.

You can also listen to this podcast on iono.fm here. ADVERTISEMENT CONTINUE READING BELOW FINANCE GHOST: Welcome to Supernatural Stocks with your host, The Finance Ghost – your weekly fix of local and international news for investors and traders alike. These are the stories that really caught my eye in the past week.

That share price has returned a compound annual growth rate per year over 10 years of 6% – and of course that’s in dollars. On top of that, there’s a dividend yield of around 1.8%. So your total return would essentially be those added together, depending on how you look at reinvestment of dividends. Not great returns, but not bad.

So those who like to punt at important support levels, that might be one to look at. This leads me into why I’m raising this sector at all, because at the end of the day, things are tough there right now, and that’s what has dropped Starbucks’s share price – but also put the others under pressure as well.

It then struggled to break above around R29/ share for quite a while, before moving higher again in December 2023 on more good numbers. Since then it’s been washing away a little bit. A couple of times it has dipped back down to around R29/share and then jumped up again. So something to keep an eye on.

I now spend much less on my cellphone contract per month than I used to spend a decade ago – and that is without adjusting for inflation.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 5. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

The Finance Ghost: The market lowdown on mining, retail and property fund groupsBell Equipment is charging forward at the moment. An initial trading statement in November 2023 suggested Heps would be at least 59% higher for the year ended December 2023. Barloworld has a less enjoyable story to tell.
مصدر: dailymaverick - 🏆 3. / 84 اقرأ أكثر »

Future of Finance: Why Sponsor Digital Finance Africa 2024?In the dynamic realm of fintech, DFA 2024 hosted by IT News Africa, emerges as a beacon for innovation, and collaboration, Scheduled for July 4th in Sandton.
مصدر: ITNewsAfrica - 🏆 27. / 59 اقرأ أكثر »

Charting the Future of Finance: Digital Finance Africa 2024Discover key topics at the forefront of digital finance at the Digital Finance 2024 event hosted by IT News Africa on July 4th at Maslow Sandton.
مصدر: ITNewsAfrica - 🏆 27. / 59 اقرأ أكثر »