Tag: share price

South African fuel prices increased again on 3 November and petrol price is now at 33.9% this year with the Automobile Association of South Africa (AA) warning that R20 per litre could still be on the cards for by year end. The main reason for the pressure on local fuel prices has been a sharp increase in the brent crude oil price over the past few months.

Cryptocurrencies such as bitcoin are unlikely to become commonplace as tender for mergers and acquisitions. Increasingly, sellers want hard cash and are not opened to listed shares as a medium of exchange never mind bitcoin.

Making headlines currently is the battle between retail investors and institutional investors, as the former take on the Wall Street establishment, in particular established hedge fund managers practising a short-selling strategy. Ostensibly a David and Goliath battle, the reality is a little more complex.

With several companies announcing their intention to delist from the JSE in 2020, many South African investors may feel that they have a limited investment universe when considering local stocks. While this may be true, it shouldn’t hinder but reinforce the case for pursuing a local environmental, social and governance (ESG) strategy.

Like a good Hollywood thriller, the US election kept us in suspense all week with plenty of plot twists and turns. Billions of people around the world spent days glued to their screens, as the vote count was drawn out by a high voter turnout and a large increase in mail-in ballots.

The COVID-19 pandemic, much like Black Monday in 1987 and the Global Financial Crisis in 2008, has presented a number of opportunities to buy stocks at seemingly 'bargain' prices. But even if a stock seems like a steal, the infamous case of Hertz demonstrates the perils of investing for 'fear of missing out' or FOMO without first doing your homework.

Following the endless stream of COVID-19 headlines, extended lockdowns and associated economic hardships, we are all suffering from Armageddon fatigue. It is easy to become pessimistic in the face of the very real challenges we are grappling with.

The global economy has been hit by five shocks as the coronavirus spread rapidly. This could not have been predicted, though with hindsight the market was initially much too complacent. The situation is so uncertain now that a strategy based on trying to predict the future is bound to get it wrong.

In a recent hearing before the Gauteng High Court, Hlumisa Investment Holdings RF Ltd v Kirkinis 2019 (4) SA 569 (GP), the minority shareholders of a holding company attempted to use provisions of the Companies Act, No. 71 of 2008 ('the Act') to claim damages from the directors of the company for the reduction in value of their shares. 

Melanie De Nysschen | Principal | Bravura | mdnysschen@bravura.net | www.bravura.net | Listing on a stock exchange is not just the reserve of large corporations. ...