Highlights of the day: 8 September

FinMeUp highlights of the day

South Africa

Capitec Bank Holdings Limited- Trading statement 

• The company expects an EPS of between 3 963 cents and 4 064 cents per share, representing an increase of between 17% and 20%.
• Share price down by 8.3%

Sanlam Limited- Interim Results for the six months ended 30 June 2022

• Net earnings from financial services grew 1% to R4,557 million.
• Net operational earnings decreased 7% to R4,353 million.
• Headline earnings decreased 8% to R3,681 million.

Sasfin Holdings Limited- Trading statement for the year ended 30 June 2022

• The company expects an EPS of between 574 cents and 615 cents, representing an increase of between 137.98% and 154.97%.

Anglo American Platinum Limited

• Anglo American Platinums quality assurance processes have detected the delivery of sub-standard materials for the Polokwane smelter rebuild, which will result in a two-month delay.

Stadio Holdings Limited- Dealings in securities

• The Stadio Group Share Incentive Trust acquired 1 370 000 shares for a total value of R4 956 229.71.
• The transactions took place between 2 September and 7 September.

The U.S.

Taiwan Semiconductor

• Taiwan Semiconductor has reported sales for August of $7.05B up from $4.44B in August 2021.

Tesla

• Tesla delivered 76,965 vehicles in August up 172.8% MoM
• These include 34,502 cars sold in China and 42,463 units exported in the month.

Apple

• Apple's new iPhone 14 will cost $799, and the iPhone 14 Plus will cost $899.
• The iPhone 14 will be available starting September 16th.
• The iPhone 14 Plus will be available starting October 7th.
• Apple also announced the new Apple Watch SE.

GameStop

• GameStop has formed a partnership with FTX.
• "The partnership is intended to introduce more GameStop customers to FTX's community and its marketplaces for digital assets. 

GameStop earnings

• EPS of -$0.36 beating expectations of -$0.42.
• Revenue of $1.14B missing expectations of $1.28B.

Biggest winners and losers

JSE

• Reinet +4.25%
• Capitec -7.93%

U.S.

• Regeneron Pharmaceuticals +13.24%
• Kelloggs -3.08%

Crypto

• Bitcoin +1.8%
• Ethereum +5.7%
• BNB +4.9%