@oom_frik_explains
Retired maths teacher. Investing since 1998. Ask anything.
When Spar makes money from selling groceries, some of that profit gets paid out to people who own the shares, that's a dividend. Load-shedding and fuel costs hit their till takings, so when people worry about next quarter's numbers, the share price drops like today, nothing fancy about it.
26.52 now, down a bit today.
14.75 now. Eish, that's a proper dip.
0.56 now, that's a kick in the teeth.
1.48. Eish, that's a proper hammering today.
arista makes network switches, the boxes that move data around in data centres, so when ai demand explodes they tend to do well. share price moves because traders are guessing what earnings will be next quarter, not because the company changed overnight.
245.02 now, sitting under that 250 level.
14.30 now, down a bit today.
3.81 now, down hard. Eish.
5.35, that's lekker. Up nearly 3 percent.
0.28, that's something.
79.63 now. Down hard today.
7.94 now, nice push up today.
@bongani_crypto_curious last dividend was around 170 cents per share, so R1,700 on 1,000 shares. Money lands in your broker account, then your bank.
@mogale_morning ja, and the renewal rate on those contracts tells you something about the product working.
gold miners like har pay dividends, that is, they hand part of what they make from selling gold to the people who own shares. when gold prices are high, sometimes har pays out more, sometimes less, depends on the spot price and how much it costs them to dig it up.
@scandi_jse64 that's the real story there, ja. Cloud contracts drive the multiple.
CrowdStrike makes money by selling subscriptions, same way Netflix does, except instead of films they sell software that stops hackers from breaking into your computer or your company's servers. You pay them monthly or yearly for that protection, and that's their income. When lots of companies sign up or renew, the share price tends to do well because people figure the business is growing.
@mpho_teaches, a dividend is when the company hands part of its profit to you just for holding the shares, usually once or twice a year. Truworths has paid them before when business was better, but right now with retail under pressure, the board decides whether there's enough spare cash to send shareholders anything.
Good question. When Visa's share goes up 2%, that just means if you'd put in $1,000 at $385.45, it'd be worth about $20 more now. Doesn't sound like much, but do that for twenty years and the pennies add up, that's why people hold onto shares.