Nigeria Set to Hold Rates Pending Clarity on Inflation Outlook
All seven economists in a Bloomberg survey expect Governor Olayemi Cardoso to keep the key interest rate at 27.5% when he delivers the 12-member monetary policy committee's decision after 2 p.m. at a briefing in Abuja, the capital.
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Yahoo
an hour ago
- Yahoo
Those who invested in Zimplats Holdings (ASX:ZIM) five years ago are up 129%
When we invest, we're generally looking for stocks that outperform the market average. Buying under-rated businesses is one path to excess returns. To wit, the Zimplats Holdings share price has climbed 60% in five years, easily topping the market return of 45% (ignoring dividends). On the other hand, the more recent gains haven't been so impressive, with shareholders gaining just 1.3%. Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. Zimplats Holdings' earnings per share are down 32% per year, despite strong share price performance over five years. This means it's unlikely the market is judging the company based on earnings growth. Because earnings per share don't seem to match up with the share price, we'll take a look at other metrics instead. It is not great to see that revenue has dropped by 4.6% per year over five years. It certainly surprises us that the share price is up, but perhaps a closer examination of the data will yield answers. The image below shows how earnings and revenue have tracked over time (if you click on the image you can see greater detail). Take a more thorough look at Zimplats Holdings' financial health with this free report on its balance sheet. What About The Total Shareholder Return (TSR)? Investors should note that there's a difference between Zimplats Holdings' total shareholder return (TSR) and its share price change, which we've covered above. The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. Dividends have been really beneficial for Zimplats Holdings shareholders, and that cash payout contributed to why its TSR of 129%, over the last 5 years, is better than the share price return. A Different Perspective Zimplats Holdings provided a TSR of 1.3% over the last twelve months. Unfortunately this falls short of the market return. It's probably a good sign that the company has an even better long term track record, having provided shareholders with an annual TSR of 18% over five years. It may well be that this is a business worth popping on the watching, given the continuing positive reception, over time, from the market. It's always interesting to track share price performance over the longer term. But to understand Zimplats Holdings better, we need to consider many other factors. For instance, we've identified 2 warning signs for Zimplats Holdings (1 is a bit concerning) that you should be aware of. For those who like to find winning investments this free list of undervalued companies with recent insider purchasing, could be just the ticket. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Australian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Tech billionaire's 13-year-old forecast turns out to be a goldmine
Tech billionaire's 13-year-old forecast turns out to be a goldmine originally appeared on TheStreet. Billionaire investor and former Facebook executive Chamath Palihapitiya has always had some of the hottest takes on the crypto markets, and with Bitcoin recently hitting a new all-time high (ATH), one of his predictions from 2013 has come to light. On July 26, Palihapitiya shared a video from 2013 in which he can be seen hailing Bitcoin's value as a store of value. The billionaire can be seen calling Bitcoin "gold 2.0" and expecting it to be an "unbelievably better" store of value within the next 3-5 years. In fact, every country experiencing currency pressure, such as Russia, Iran, Venezuela, Argentina, etc., would use Bitcoin, he had remarked, and predicted it would probably become a payment mechanism reminded his X followers that he had also written an op-ed for Bloomberg — around the time the video was recorded — on May 30, 2013, advocating that everyone in the world should put 1% of their net worth into Bitcoin. The 2008 global financial crisis and the loss of trust in traditional institutions such as governments, banks, etc. have led to the rise of Bitcoin, he had argued. The opportunity here is to think constructively about a world in which money flows are more transparent (Bitcoin), easy (Bitcoin), cheap (Bitcoin) and secure (Bitcoin). When Palihapitiya's op-ed was published on May 30, 2013, the average Bitcoin price was $128.80. If you had taken his advice on the day and invested $10,000 in Bitcoin when it was priced at $128.80, your portfolio would now be worth $9.16 million — a staggering return of more than 91,500%. An early advocate of the leading cryptocurrency, Palihapitiya even slammed Warren Buffett when the veteran investor said Bitcoin is "probably rat poison squared." Though he calls himself Buffett's "disciple," he said Buffett is wrong about Bitcoin. "Not everybody is right all the time." Disclaimer: The content above is intended for informational purposes only and should not be taken as financial advice. Do your own research before investing. Tech billionaire's 13-year-old forecast turns out to be a goldmine first appeared on TheStreet on Jul 26, 2025 This story was originally reported by TheStreet on Jul 26, 2025, where it first appeared.
Bloomberg
3 hours ago
- Bloomberg
Pressure Mounts on Fed Chief Powell in Tee Up to GDP, Jobs Data
Federal Reserve Chair Jerome Powell and his colleagues will step into the central bank's board room on Tuesday to deliberate on interest rates at a time of immense political pressure, evolving trade policy, and economic cross-currents. In a rare occurrence, policymakers will convene in the same week that the government issues reports on gross domestic product, employment and the Fed's preferred price metrics. Fed officials meet Tuesday and Wednesday, and are widely expected to keep rates unchanged again.
