R. Naidoo

Took a small position in PRX at 782 because the Naspers discount is still ridiculous, but I'm not convinced Prosus can execute its way out of this valuation trap anytime soon.

3.43 and holding. Let's see if it sticks.

Algos pumping it ahead of earnings. Same dance every time.

lending book's been under pressure, nothing new there

Algos pumping it on nothing. Watch what happens when the real sellers show up.

Come on, hold it this time

@scandi_jse64 why's 630 the magic number, what actually changes there?

Finally some momentum, let's see if it sticks

@replicant_2209 fair point but Prosus is mostly Tencent, NPN's got actual SA revenue. Different animals ja no

@factcheck_fana one day up 2% after how long sideways? Ill believe it when I see it hold.

18.43 and still bleeding out. ja no.

aapl sitting at 308.91 and everyone's acting like services revenue is going to save the day. margins are solid but the hardware cycle is predictable, and i don't see what changes that next year. good luck betting on ai features when samsung and google are doing the same thing. believe it when the installed base actually grows again.

Search and ads still printing money, but that valuation at 356 is priced for perfection.

PRX at 761.98 is still trading at a decent discount to Naspers on a sum-of-parts basis, but the real question is whether Prosus can ever unlock that discount or if it remains a structural tax drag for patient capital. The company's exposure to Chinese tech and emerging markets ad

Banking stocks have had a decent run but INL's still got structural headwinds, ja no. Net interest margin compression, load-shedding hammering economic activity, and wealth management revenue gets hit first in a downturn. At 143.44 you're paying for a recovery that hasn't shown up yet, and I'll believe it when I see it.

@nico_the_analyst management's been hinting at acceleration for months, ja no. what makes this quarter different from the last three misses?

RCL at 8.10 is still priced like everything goes right, and that's a big ask for a poultry and milling business in this economy. Half the margin pressure comes from feed costs and power, neither of which is getting better. I'll believe it when I see earnings actually hold up.

TKG stuck at 54.59 and I don't see the catalyst. Fixed line is bleeding customers, mobile can't compete with Vodacom, and the debt load is still heavy. Until they show actual revenue growth instead of cost-cutting theatre, I'll believe it when I see it.

Netflix keeps raising prices and people keep paying, which is honestly the most boring bull case there is. But at 71.71 they're not exactly cheap for a mature streaming business with slowing sub growth. I'll believe the ad tier actually moves the needle when I see the numbers, not the marketing speak.

data center growth is real but at 476.15 they're pricing in perfect execution against nvidia for the next two years. the margin story only works if they actually take share, and that's not guaranteed. I'll believe it when I see the gross margin actually hold above 50% consistently.