@mommy_moneyza @CheetahPlains @Walmart Ask all the South African businesses about that!
Most tried and failed. Some MISERABLY SO!
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Chapter11
4.3K posts
Chapter11
@Chapter11Wealth
This will be my outlet for all things financial. Humour and sarcasm included
Katılım Ağustos 2020
642 Takip Edilen817 Takipçiler
@CheetahPlains @Walmart Retail in Europe is very fragmented
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@DilBradly This was written by a BLU spokesperson
LITERALLY
I'm not commenting either way on the content or narrative of BLU
I've heard Trump spokesperson talk about Iran and the Straits of Hormuz too. ONLY FACTS!
IRAN DEFEATED
IRAN BEGGING FOR DEAL
STRAITS OPEN
ETC
Pinch of salt
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No fluff … just a fair assessment of the company - $JSEBLU
Time will decide…
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Financial and economic literacy at a literal zero.
This right here is why populism works in most countries.
Frightening to see such influential people can have such low understanding.
Boggles my mind this. Race to the bottom
RedWave Press@RedWavePress
Joe Rogan: “I talked to Tim Dillon today… He told me that gas is $7.90 a gallon in LA right now.” Brendan Schaub: “And that's down from what it was. I was out there a month shooting a commercial and it was up to $8.40 something.” Joe Rogan: “Here's what I don't understand. Are we getting oil from Iran?... So are they just f*cking us in the a$$?” “Or is it global prices went up because some of the gas can’t get to where it needs to go, and so they need to make that money so they just f*ck you. Isn’t it funny? They’re like, we’re going to make money no matter what. The American people are going to lose money so we make the same amount of money. F*ck you, you need oil.” “[Oil executives are] a bunch of crooks. We should have a national oil company and only sell in America. Keep it in house so no matter what foul sh*t we do outside the in the world [prices don’t go up].” “Even though U.S. is the largest oil producer, companies can sell oil on the global market to whoever pays the highest price. High world prices still translate into high domestic gas prices.” “Hey, Mr. President, please fix that.”
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@mtobinwex @tommyr345 PIIGS was always Portugal Italy Ireland Greece Spain 2008 crises
Original PIGS from the 70s excluded Ireland.
Good to see you are more than an Irish accent! Feisty patriot too!
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@tommyr345 Not sure which two "i" in PIIGS you are referring to, but Ireland's jobless rate is one of the lowest in the EU.
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Single currency has been a disaster for Eurozone. This is basic economics, you cannot have countries with different rates of inflation, wage growth & an exchange rate unable to adjust, why you think PIIGS countries jobless rate so high? As they're not competitive. If EU wants to restore growth, competitiveness Europe has to go full Federalist (undemocratic) or break up & return to sovereign currencies, the problem with currency union before political union is same as if you put cart before the horse, the longer EU persists with halfway house the more it costs its citizens
CNBC International@CNBCi
UK government should commit to taking the country back into the EU, mayor of London tells CNBC cnbc.com/2026/05/11/sad…
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When i want to discuss work & pay etc, I will always get shut down by someone screaming about exploitation.
Have they ever thought of the exploitation of a woman having to sleep with a man just to buy 2.5kg mielie meal to feed her kids because she can’t get a job???
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@FinanceGhost WMT unlikely imo.
They burned their fingers badly with Massmart.
I can't see them buying into another struggling retailer here
Also MSM was basically the same concept as WMT. PIK is a bit different
Unlocking value with PIK isn't easy. I don't know how they turn the ship
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Pick n Pay originally bought Boxer for around R185 million. The base cost is practically negligible. Take the CGT and a marketability discount off that Boxer stake and the gap is mostly gone.
The catalysts for an unlock are (1) tax efficient unbundling or (2) PIK is acquired.
Will they unbundle the golden goose? Probably not.
Will an acquirer take the entire group out? Maybe.
Walmart etc. would surely be on the list of obvious acquirers.
How much will they pay? And do they do it at PIK level, or make the offer at BOX level and get the asset they really want?
Maybe there's value there. But I remain very unconvinced that it will be a great outcome for investors.
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@keithmclachlan Do you believe they are going to do that ?
Or will they simply sell BOX shares periodically to pay for the PNP disaster show?
Instinctively or logically one feels that PNP should be worth something (not negative) but practically speaking is it?
How do they compete with SHP?
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If PIK unbundled Boxer stake, it would be c.R34 per PIK share of value you would get.
JustOneLap@JustOneLap
Boxer's market cap: R38 billion. Pick n Pay owns 65% of Boxer. Pick n Pay's market cap: R15 billion. You're buying the rest of Pick & Pay for minus R10 billion?! sure they have problems, but MINUS R10billion of problems ? @SimonPB @SBGTraderZA @ShyftGlobal justonelap.com/boxers-blinder…
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@mommy_moneyza @JustXavierB I get the impression people don't even know what a CEO is.
They think it's like a position which just comes with a set salary of R20m
I can be CEO of my flea market stall but that doesn't mean I just get a R5m package!
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@JustXavierB They are just in charge of regulations. They don’t have revenue to grow & risks to deal with like other companies. Its actually generous
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Actually a very low CEO salary
ParrotOS@MokoenaDee
At R2.5 million, you’ll probably be searching for a while. Add another two million and I might consider coming through. 😁 For a CEO role at FBP, that package feels a little light given the level of responsibility, governance exposure, and strategic oversight involved.
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@FinanceGhost Podcast worth discussion
Oil is the one commodity that has been kept pretty low for years. Theoretically it hasnt kept up with many other commodities
We have designed a world that doesnt currently work well with $100 oil but in truth it should trade higher with inflation
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@Chapter11Wealth There was some good disclosure from Alphamin recently as well.
I think it depends very much on the mining house itself. But it's also the derived inflationary impact (i.e. non-oil products) that will play a role.
The world just doesn't work at $100/barrel.
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Such great disclosure here by Gold Fields that it deserves to be reproduced in full.
Here's what the real-world inflation risk looks like right now...
Note: impact of $40/oz to $50/oz on gold if oil stays around $100/barrel.
Interest rates ain't dropping anytime soon.
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@FinanceGhost I personally think costs and AISCs are gonna go up DRAMATICALLY
At least 10% (very conservative) But easily north of 20% for some miners
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@Chapter11Wealth Inflation is usually low single digits without oil. So oil alone being responsible for 3% (in this particular example) is very material to inflation as whole.
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@FinanceGhost Ive always assumed energy costs are a much higher percentage of input cost to gold miners. Between 25 to 50% depending on how one looks at it.
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@mommy_moneyza But how else would you know the photo was taken in South Africa ?
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People notice the car while I am pissed off the traffic light is not working 😢
Old Khaki Safaris Africa Ltd.@OldKhakiSafari
An ultra-rare Rolls-Royce Apollo Venuum with Zimbabwean Number Plates has been spotted in Sandton South Africa 🇿🇦 Only 25 exist in the entire world👀 Zimboz how are you doing this We tired of driving VW polos over here😏 (Copied from FB) But yes.....how the Fukcking hell 🤷♂️🤷♂️
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@mommy_moneyza Capitalism will always result in wealth disparity.
You will have very rich and very poor people.
You will however have a higher average and better services for all! Communism just makes everyone equally poor
Capitalism is the best of all the bad systems we have
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@mommy_moneyza @jozivsjozi Not to mention all the bandwagon twitter mobs trying to say how terrible Cape Town is
Pretty sad state of affairs in JHB
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I feel vindicated- people were telling me not to be so harsh & negative.
I kept speaking the truth because I could SEE how badly things were getting.
Then @jozivsjozi came along with those Google map comparisons & the lies couldn’t be hidden anymore
BevL🇮🇱@bevthrills
Johannesburg - a once pristine metropolis literally and figuratively trashed by the ANC ..
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@JohannBiermann1 @EZChameleon Very boring group that does that!
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Just asked a lady how her wedding night was, but what I really meant was how was the reception 🫠
Sometimes I'm just too Afrikaans for this English.
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@DilBradly Good to see they cleared up that Chinese Indian smog!
(Yes I know!)
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Since 2000 (ending 2025), there's been only 30 countries and 39 instances with inflation >10% for 5 years in a row.
During the same period, there's only 8 countries in the whole world to experience >20% for 5 years in a row.
Here's the Champions League of high inflation:
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Tell them you want to close your account and can they help you?
I get these cold calls all the time to sign up to things. The moment I mention closing or cancelling a contract they go quiet, say I need to jump through 100 hoops and phone another number
Peter Armitage@peterarmitage
I am getting around 5 spam calls a day from Standard Bank and Liberty Life. The same numbers, again and again. Do people really transact based on these calls? How do I make it stop?
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