Precisely 2 years ago, I hit rock bottom. I will never forget it. You know it when you find it.
Someone you know isn't having a good Christmas. Someone you know might not even want to be here for the next one.
If in doubt, send a message. It can make all the difference ❤️
EasyEquities results out. (Purple Group)
Easy Group pumping
Easy Group continues to drive growth
Revenue increased by 30.8% to R216.4 million
Profit after tax increased 238.3% to R39.8 million
Active retail clients grew by 8.2% to 1.02 million;
Client assets under management
Massive moves for our miners in the US after Trump paused ‘reciprocal’ tariffs for 90 days – except on China. Tariffs on China raised to 125%.
S&P500 +7.6%; Nasdaq +9.6%.
So no vat increase, fair enough ..
But all the noise, hassle and shouting since the initial cancelled budget back in February .. We don't make it simple for ourselves ..
Annualised depreciation of the ZAR vs the USD:
Last 50 yrs: +6.7%
Last 40 yrs: +5.8%
Last 30 yrs: +5.4%
Last 20 yrs: +5.1%
Last 10 yrs: +3.9%
Last 5 yrs: +0.5%
Just looking at the last 5/10 years vs last 50 yrs, somethings got to give at some stage.
Just an observation...