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Archive for the ‘Financial Management’ Category

Keep Construction companies on your radar…

In Financial Management on July 17, 2012 at 20:40

I think the SA construction industry is on the verge of a rebound!

My investment practices generally follow that of the legendary Warren Buffet, who often says (and I paraphrase):  “Go boldly in there, when everybody screams RUN!” Equally I say “Stock up whilst the listing is cheap”.

With most of the construction “listeds’” at significant lows (talking both returns and share prices) I am thinking the curve is about to take a different shape,

This is why ……

If you engage most equity analysts on construction companies you will find it very difficult to determine the direction of the industry.  Read the rest of this entry »


In Financial Management on July 5, 2012 at 23:13

I was studying some of our listed mining companies this morning and I just don’t see how we can afford to add more pressure on the industry. The suggested policy direction seems quite haphazard to my sight. It would appear that there is enough distress on the industry, but nobody (especially the important folks) seems to care about the reported volumes losing jobs etc. Maybe I’ve got a short term view on the subject matter.

Most mining shares have shaved off some pretty substantial value in the recent past, which creates a good opportunity for people like myself who can afford the risk (if only I had the capital) to get into the industry now, whilst the shares are distressed.

Read the rest of this entry »

Investors in the Content Business Dwindle Again?

In Financial Management on June 28, 2012 at 20:39

24/7 Wall St.

The argument goes that if News Corp. (NASDAQ: NWS) spins off its print businesses, they will be unable to keep their editorial costs at current levels. Some of the properties in this new operation may be profitable enough to sustain those that are not. Even so, Wall St. will still want to see cuts to improve margins. The new spin-off corporation might fall under the same expense pressure experienced by public corporations like CBS (NYSE: CBS); Gannett (NYSE: GCI); New York Times (NYSE: NYT); Time Warner (NYSE: TWC), which owns TIME Inc.; and Walt Disney (NYSE: DIS), which owns ABC.

Less than a half a dozen large companies continue to invest in their news businesses. Reuters and Bloomberg have added to their editorial staffs and continue to do so. But most experts believe that is not because their managements essentially believe in strong journalism…

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