Highlights of the day: 15 November

FinMeUp highlights of the day

South Africa

Transaction Capital Limited- Results and Dividend Declaration for the year ended 30 September 2022

• Revenue grew 26% to R2 978 million.
• WeBuyCars core earnings grew by 41% to R762 million and is now Transaction Capitals largest business, generating almost 43% of core earnings attributable to the group.
• SA Taxi core earnings fell by 26% to R369 million.
• GoMo has received a positive market response, with the number of loan applications being significantly higher than expected.
• The board has declared a final gross cash dividend of 37 cents per share which will be paid on Monday 5 December 2022.

Renergen Limited

• The liquified natural gas (LNG) plant is back in operation and producing LNG after repairs.
• Commercial delivery to customers will commence later this week.
• Renergen is now focused on turning on the helium liquefaction module.

Stor-Age Property REIT Limited- Results for the six months ended 30 September 2022

• Property revenue grew by 19.15% to R513 711 000.
• EPS grew 26.6% to 116.05 cents per share.
• The company declared a gross final dividend of 60.05 cents per share which will be paid on Monday, 5 December.

Ninety One Limited- Interim results for the six months to 30 September 2022

• Closing assets under management decreased by 8% to GBP132.3 billion.
• Basic EPS decreased by 16% to 9.4 pence.
• Profit before tax fell 16% to GBP110.6 million.
• The Board has declared a gross interim dividend of 6.5 pence per share which will be paid on 15 December 2022.

The U.S.

Google

• The Saudi Public Investment Fund bought 4.05 million shares of Google during Q3.

Berkshire Hathaway

• Warren Buffett's Berkshire Hathaway started a new position in Taiwan Semiconductor during Q3.
• Berkshire held 60.1 million shares of TSMC as of the end of Q3.

Cathie Wood & Ark Invest

• Cathie Wood and Ark Invest bought 31 013 more shares of Tesla today.
• Cathie Wood and Ark Invest bought 315 259 more shares of the Grayscale Bitcoin Trust today.
• Cathie Wood and Ark Invest sold 268 753 shares of Robinhood today.

Amazon

• Amazon is facing a $1B antitrust lawsuit in the UK.

Twitter

• Twitter now has more than 245.6 Million daily active users according to Elon Musk.

Apple

• Apple job listings suggest the company is building a metaverse of its own for its long-rumoured headset.

Walmart

• EPS of $1.50 beating expectations of $1.32.
• Revenue of $152.8B beating expectations of $147.5B.
• Walmart approved a new $20 Billion share buyback program.

Amazon

• Amazon has announced the launch of Amazon Clinic.
• Amazon clinic is a message-based online healthcare service that offers treatments for over 20 common health conditions such as allergies, dandruff, hair loss, birth control, erectile dysfunction, and acne.