Richemont annual results call never disappoints.
Rupert says hes the best contra indicator for the gold price and that he bought 5% off the all time high. CFO then jokes he got margin called.
https://t.co/xQuIX6kCJU
Gayton at 03:00 says if the DA votes against the VAT hike they are out of the GNU and EFF in. Half of the ANC wants this.
Wonder if this is contributing to the SA Inc sell off today
Just listened to the PDD call. Sounds like management were talking directly to the CCP with what was said.
Lower profits, more investment, social responsibility, high quality development etc
@madaboutmarkets Crazy thinking back to 2021 where the prevailing narrative was that higher rates would hurt large cap tech and short duration value stocks would outperform.
Complete 180 now.