Investing in shares on the Johannesburg Stock Exchange offers a host of benefits for the long-term investor. Here’s a handful.
With a product line that ranges from biscuits to handbags, JSE-listed AVI benefits directly from rising African income levels, and its shares have climbed 412% over the past decade.
But its seafood division is starting to stink. Here’s why it’s time to cut bait.
MTN Group, Africa’s wireless telecommunications giant, had a rough start to the year.
Stiff competition, regulatory action, weakening currencies, and a labor strike in its home base, South Africa, conspired to slash the company’s first half earnings by 24.2%, and its shares have dropped 21% since their September high.
But don’t push the “sell” button quite yet.
Sometimes it’s fun to pore over balance sheets and cash flow statements in search of that 10-bagger stock — the one that transforms your meager nest egg into a comfy cash cushion.
But let’s face it.
You usually have more enjoyable things to do on a weekday evening or Saturday afternoon.
That’s why exchange traded funds (ETFs) are one of the most useful tools in an investor’s toolkit.
I confess. I don’t give revenue growth enough respect. If you’re anything like me, the top line of the income statement is something you take a quick glance at as you scan the page for earnings — the bottom line. After all, it’s earnings that count, right? There’s some truth to that statement. But determining […]