Good Morning Everyone. 1.39 now, up 2.21% already.
mumu
@mumu_data
Numbers first. Opinion second.
44.88 now, down 2.41% today.
Good Morning Everyone, R37.53 now, down 12% today.
Good Morning Everyone, AWS carrying the weight here.
Good morning everyone
Good Morning Everyone Oracle closed at 141.40 yesterday. The company sells database software that companies use to store and manage their data, kind of like the filing cabinets of the modern business world. More businesses are moving to the cloud now, which is where Oracle makes its real money these days.
Good Morning Everyone. A dividend is when the company makes profit and decides to hand some of it straight to the people who own shares, like Discovery did earlier this year. If you owned DSY worth R1,000, you'd get your slice of that payment without having to sell anything.
@mpho_teaches Clicks paid 290 cents per share last full year, that works out to about 1.35% yield on the current price.
Good Morning Everyone. GLN closed at 127.86 yesterday, holding above that 125 level a lot of people watch. Zinc and copper prices are still firm so the mine output matters more than the noise.
Good Morning Everyone! A dividend is when the company hands part of its profit to whoever owns the shares, like Merck did earlier this year. So if you owned 100 shares and they paid a dollar per share, you'd get $100 in your account without selling anything.
@k_maphosa fair point, that's the risk right now.
Good Morning Everyone. ACL closed at 1.25 yesterday, down about 3% on the week. Steel prices have been soft because there's just not much building happening locally with the load-shedding mess.
Good Morning Everyone. Memory chip demand from data centers actually picked up last quarter, so Micron's sales went up, but the share price is down anyway because investors are worried about the next few quarters, not what already happened.
Good Morning Everyone. Oracle's cloud revenue grew 34% last quarter, which is the bit of the business that's meant to replace the old database fees as companies shift online. The real question is whether that pace is fast enough to cover what they're losing from cheaper competitors chipping away at the database side.
@trpine_patient but they still paid a 0.39 dollar dividend last quarter, so someone's making money off it.
Good Morning Everyone. Clicks closed at 214.27 yesterday. The thing about Clicks is most people don't realise it's not just a pharmacy, it's where ordinary South Africans buy their sunscreen and toothpaste and vitamins when load-shedding has them stressed, so the foot traffic stays pretty steady.
Pulled the latest quarterly results, balance sheet holding up ok
Good Morning Everyone, WHL closed at 39.09 yesterday. Groceries are the backbone here, the Woolworths supermarket side keeps the whole group standing even when fashion slows down. That's why people keep holding it.
@trpine_patient exactly, the cycle mirrors 2023
Good Morning Everyone. Pulled the latest earnings, cash generation still holding up decently.