Bongani Manini

Accountant | Value Investor | Buffett | Munger | 🇿🇦

[Bongani Manini @Money_ni]

Moneyni Wealth (Pty) Ltd 😍😍

[Bongani Manini @Money_ni]

@Khwezi_bass Probably irrelevant - an executive placement agency noted that 38% of the country’s CEOs are CAs. 65% of JSE Top 40 CEOs have finance backgrounds while only 12.5% have engineering backgrounds. Let's not even dissect the boards of JSE listed companies, even more CAs there.

[Bongani Manini @Money_ni]

Alibaba interim results:

Organic reinvestment (primarily in the Ecommerce, AI, and Cloud businesses) has resulted in increased operating costs & capex which impacted operating profit (down 85% y.o.y), net profit (down 53%), & free cashflow (down 230%).

💡seeds well-planted...

[ESPN FC @ESPNFC]

Repost if your country is in the World Cup 🤩

United States
Mexico
Canada
Argentina
Iran
Japan
Uzbekistan
Jordan
South Korea
New Zealand
Australia
Brazil
Ecuador
Uruguay
Paraguay
Colombia
Morocco
Tunisia
Egypt
Algeria
Ghana
Cape Verde
South Africa
Qatar
England
Saudi Arabia
Ivory Coast
Senegal
France
Croatia
Portugal
Norway

[Bongani Manini @Money_ni]

@Megatron_ron Very interesting. Seems the drop was due to an increase in their cost of sales that resulted in a more than 50% decrease in gross income to €3.2bn available to cover operating expenses of approx the same amount. Automotive net CF is said to be higher but the group FCF seems -ve

[Bongani Manini @Money_ni]

@the_mdfazal Good point which makes me question the justification of the current market valuation.

[Bongani Manini @Money_ni]

@BigBearKentlaar He did very well and his confidence is slowly growing. He just needs more supply from the team.

[Bongani Manini @Money_ni]

@Arsenal What game is Arteta watching? Why is Noni out??????

[Bongani Manini @Money_ni]

@Arsenal Arteta overcomplicates football and is moulding his own demise. Eze should be in O's position (not Merino), Martinelli should be on the LW (not Trossard) and Mosquera deserved to start (ahead of a not so fit Saliba).

[Bongani Manini @Money_ni]

@SABCNews @sa_lottery Give the customers what they want. Bring back the live television draws with auditors. The rebuttals and explanations are insulting to the poor customers.

[Bongani Manini @Money_ni]

@sa_lottery Just go back to live draws on television with auditors

[Bongani Manini @Money_ni]

@SayNoToTrading A good lesson on patience that we all lack sometimes. His average purchase price for the 6.4m shares in 2008 was approx. $50 per share. Instead of being patient & approx. 6X the investment in 2025, he took losses from 2008 to 2010.

[Bongani Manini @Money_ni]

@Uber_Support Please go read your stupid DM that claims I've been assisted via app/mail messages when I have not. What is the point of this team??? Sending me generic auto-generated messages?? Stupid use of technology. No wonder you don't understand and can't resolve my issue

[Bongani Manini @Money_ni]

@UberEats your policy is favourable to fraudster delivery partners at the detriment of customers. I lost money today because apperently the delivery partner could not get ahold of me for longer than the policy stipulated time.

[Bongani Manini @Money_ni]

@Uber_Support You guys actually don't care about customers and I'm tired of communicating with your pointless post sales support team. If you understand my issue, the only fair remediation is a refund and not apologies, DMs, and messages (via the app/email).

[Bongani Manini @Money_ni]

@Uber_Support Your post sales service has to be the worst. An apology won't bring back my money (or food).

[Bongani Manini @Money_ni]

@Uber_Support I already did. Seems like a pointless offline exercise based on the convo in the DMs 😅

[Bongani Manini @Money_ni]

@UberEATS_CS_ @UberEats - please note that the account @UberEATS_CS_ is a fake customer service account that is trying to take advantage of customers that complain about UberEats on X

[Bongani Manini @Money_ni]

@UberEATS_CS_ No I don't want to send any more messages. The app directed me to an agent that couldn't take the time to identify that the delivery partner took advantage of me and was quick to cite "policy". Have I been informed of the "secure location"? No. This is very poor & unsafe service

[Bongani Manini @Money_ni]

@UberEats @UberEats it's also very easy for a dishonest delivery partner to fake call a customer as evidence to satisfy your deficient policy. I hate that customers can casually lose money using your app because of "policy"

[Bongani Manini @Money_ni]

@UberEats But what really upsets me is that your policy states that in such cases the delivery partner will drop off the food at a "secure location" which has NOT happened. This also poses a huge security/safety risk for UberEats customers. I've now lost money because of policy👎🏾