Feb 18 2025 14 mins 26
Anglo-American’s Cash Raid on Anglo-Platinum
- Anglo-American’s decision to unbundle its stake in Anglo-Platinum raises concerns.
- Declaring a special dividend of R59 per share wipes out the company’s entire R17.6 billion cash reserves.
- Implications for investors: selling pressure expected as shares land in new brokerage accounts.
China’s Tech Revival?
- The appearance of Jack Ma and Xi Jinping together could mark a softening stance toward tech companies.
- Alibaba partners with Apple, integrating its AI into Apple’s ecosystem.
- Is China reopening the door for its tech giants?
Bull Market Momentum
- Global indices continue to hit all-time highs, with AI and tech stocks leading the charge.
- Not just tech: European and Asian markets show strength.
- Are valuations stretched, or is there more room to run?
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