Simon Brown

1 week ago | businesslive.co.za | Simon Brown

My favourite is free cash flow per share, which is essentially operating cash flow (found on the cash flow statement) less capital expenditure. You then divide this by the number of shares in issue to get free cash flow per share. Ideally, that should be a positive number, which means that the business can pay down debt, pay dividends and grow. But even when the number is negative, it’s not necessarily the end of the world — if the company is investing for the future.

2 weeks ago | bayareacurrent.com | Simon Brown

Culture Leer en españolOn the strip of 7th street near West Oakland BART, Viet Nguyen stood waiting for a bus to Fresno on a Saturday morning. There’s no structure or building to sit and wait. He thinks the former Greyhound Station in downtown Oakland was better. Viet’s younger travel companion Minh Nguyen translated for him. “There was a bathroom, there was a sign,” Viet lamented to Minh. Reginald Blueford, bound for Los Angeles sat by his luggage on the sidewalk nearby.

2 weeks ago | businesslive.co.za | Simon Brown

And then the problems start. First, there is a very real chance they’re overpaying for the asset. This is generally true of all acquisitions. Second, the executive teams know the South African market like the back of their hand. They’ve worked here for decades; the country is part of the business’s DNA. They have zero experience in a new market, which will have its own unique challenges, competition dynamics, regulations and risks.

2 weeks ago | businesslive.co.za | Simon Brown

Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers. China's CATL launched a new EV chassis on Tuesday it says can withstand a 120km/h frontal impact without catching fire or exploding.

3 weeks ago | businesslive.co.za | Simon Brown

Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers. Last week the monetary policy committee of the Reserve Bank cut the prime lending rate by 0.25%, as expected. In the announcement, governor Lesetja Kganyago discussed many of the risks to inflation, most of which are beyond our control, such as the oil price, tariffs and deglobalisation.