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Spreadsheet Ranger

Platinum Wealth Club Member
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Everything posted by Spreadsheet Ranger

  1. I, Tonya 2017 7.5/10 One of the more dark comedy biography movies you'll watch. There's funny moments, but overall the whole story is a tragedy of note. Margot Robbie played this role incredibly well with immense character building early on.
  2. The shape of water 2017 6.5/10 Complex movie, showing how far the spirit of generosity takes us. It's too long, a very slow paced film that I feel could have achieved the same in 40 minutes less. It's definitely a love story and comfort watch unable to generate real dramatic tension.
  3. Bacon, fried onions and fried mushrooms.
  4. I recall Curro in it's early years accumulated a lot of real-estate to build new schools etc. When Stadio unbundled from curro, do you any of you know if they got property as well or if they need to start from scratch? I am trying to figure out where Curro's support started and ended and what Stadio has to do currently.
  5. This stock can really start to move now... hehe When is the next set of results due?
  6. So Naspers announced they will be selling some Tencent shares... This will be the first time they do this and I cannot figure out if this is good or bad. (I would not have sold, unless I really needed the money.)
  7. SO made a delicious pasta chicken and bacon.
  8. JOHANNESBURG, March 19 (Reuters) - South Africa’s Tiger Brands said on Monday it expected its meat products unit to record a monthly loss of up to 33 million rand ($3 million) after it suspended operations at four sites over a listeria outbreak that has killed 180 people in 14 months. Health authorities ordered a recall of processed meat known as polony made by Tiger Brands and RCL Foods two weeks ago in response to the outbreak, the worst ever globally with nearly 950 reported cases. Tiger Brands, the country’s biggest food maker, said in a statement the potential losses before interest and tax, were estimated at 28-33 million rand for March. In addition, the food producer said it was taking a 337-377 million rand pre-tax hit due to the costs of a product recall and suspension of production at its Polokwane, Germiston, Pretoria and Clayville sites, which produce polony, and other cold meats. Tiger Brands also said it has received notice of two class action suits against the firm, with the total amount claimed against estimated at 425 million rand. A human rights lawyer is planning a class action lawsuit against Tiger Brands on behalf of the families of people who died and those affected by the listeria outbreak. The company said independent laboratory tests corroborated the health ministry’s findings of the presence of the listeria strain LST6 at its Polokwane facility and on the outer casing of two samples. “Whether this presence of LST6 can be said to have caused any illness or death remains unclear at present and testing in that regard is an ongoing process likely to take time,” said the company. Shares in Tiger Brand were down 0.82 percent to 353.41 rand at 0825 GMT. ($1 = 12.0264 rand) (Reporting by Nqobile Dludla Editing by James Macharia) Source: Reuters
  9. Christian Bittar was once among Deutsche Bank AG’s highest-paid traders, a math whiz who earned a near 90 million-pound ($126 million) bonus in 2008 alone. Now he’s sitting in a U.K. prison. The 46-year-old former star banker pleaded guilty in a London court on March 2 to conspiring to rig the interest-rate benchmark known as Euribor. He’s in custody and will be sentenced after a related trial ends this summer. A court lifted reporting restrictions on his plea Thursday. It’s a seminal moment for U.K. prosecutors in their six-year investigation. Bittar, famous for receiving multi-million dollar bonuses, is one of the highest-profile traders to be convicted in the global rate-rigging probe. “It wouldn’t be right to comment on this at the moment," David Savell, Bittar’s lawyer at Locke Lord LLP in London, said by telephone Thursday. When the scandal first engulfed the business world after the global financial crisis a decade ago, the initial focus was on banks, which paid about $9 billion in fines for manipulating the London interbank offered rate and its euro counterpart. Then prosecutors started homing in on the traders behind the behavior, including big shots such as Bittar and former UBS Group AG trader Tom Hayes, who was the first person convicted in the U.K. probe. Deutsche Bank, for one, was fined $2.5 billion by global regulators in 2015 for failing to prevent attempts to rig benchmark rates and Bittar featured prominently in the penalty notices. Identified only as "Manager B" in the U.K. Financial Conduct Authority’s settlement notice and “Trader Three” by the U.S. Department of Justice, he was accused of colluding on Euribor submissions. But Bittar was already famous in London’s financial district long before his role in the rate-rigging scandals became widely known. His legend loomed large after he made a fortune for Deutsche Bank during the upheaval of 2008, by betting on short-term interest rates. One trading strategy involved wagering the cost of borrowing in euros for three and six months would rise more quickly than one-month rates. That paid off after Lehman Brothers Holdings Inc. collapsed that September and banks refused to lend to each other for all but the shortest periods. That year alone Bittar earned a 90 million-pound bonus. But he wasn’t always wealthy. Growing up in Senegal, Bittar showed an early aptitude for math and attended one of the top French Grandes Ecoles universities, according to two people with knowledge of his upbringing, who didn’t want to be identified talking about Bittar’s history. After college he joined Societe Generale SA in Paris as a quantitative analyst, rising to the role of trader, before Deutsche Bank poached him for its London office. He later moved to Singapore with the German lender. Mr. Basis Point Called Mr. Basis Point by his colleagues at the bank because of his trades on minuscule changes in short-term interest rates, he was famous for alternating between fad diets and eating binges. One week he would be on an egg-only regimen and the next be back to eating junk food and downing Cokes. But even after he became a wealthy trader, he still lived in a relatively modest London house -- by banker standards -- with his wife and children. His car wasn’t flashy and colleagues said sartorial elegance wasn’t his top priority. He’d be at work every day by 6:30 a.m., focused and intense. Despite his outsize bonuses, on several occasions he lobbied his boss to get a better pay deal. The trader, who has been described as soft-spoken, threatened to quit and join a hedge fund if his demands weren’t met, according to a former colleague. But the end came quickly for Bittar amid the mounting rate-rigging probes in the U.S. and U.K. He was fired in December 2011, as Deutsche Bank severed its ties with the trader to “best protect” itself amid the regulatory scrutiny. Internal emails seen by Bloomberg show that Bittar was likely read terse notes from human resources over the telephone that thanked him before being told his employment was being terminated. As a proprietary trader he was entitled to a percentage of the profits he made for the bank. When he was fired amid criminal and regulatory probes he lost about 40 million euros in unvested stock. After he was let go, he briefly joined hedge fund BlueCrest Capital Management LLP. He was issued a penalty notice by the FCA in 2014 with a proposed fine of 10 million pounds. The penalty, including a ban from the industry, was put on hold pending the outcome of the criminal proceedings. A spokeswoman for the FCA declined to comment on its status Thursday. Source: Bloomberg
  10. Interesting to see Apple is pushing research into MicroLED screens. I hope this drives down the cost of TV panels if OLED is suddenly dumped onto the market. https://www.bloomberg.com/news/articles/2018-03-19/apple-is-said-to-develop-displays-to-replace-samsung-screens
  11. [video=youtube] Revolution OS Revolution OS is a 2001 documentary film that traces the twenty-year history of GNU, Linux, open source, and the free software movement. Directed by J. T. S. Moore, the film features interviews with prominent hackers and entrepreneurs including Richard Stallman, Michael Tiemann, Linus Torvalds, Larry Augustin, Eric S. Raymond, Bruce Perens, Frank Hecker and Brian Behlendorf.
  12. PRETORIA (Reuters) - Former South African president Jacob Zuma was charged with corruption on Friday over a $2.5 billion state arms deal, a stunning judicial ruling on a continent where political ‘Big Men’ rarely face their day in court. Zuma, who was forced to resign by the ruling African National Congress (ANC) last month, was at the centre of the deal to buy European military kit that has cast a shadow over politics in Africa’s most industrialized economy for years. Chief state prosecutor Shaun Abrahams told a media conference that Zuma’s attempts to head off the charges that have been hanging over him for more than a decade had failed. The 75-year-old disputed all the allegations against him, he added. “After consideration of the matter, I am of the view that there are reasonable prospects of successful prosecution of Mr Zuma on the charges listed in the indictment,” Abrahams said. “I am of the view that a trial court would be the most appropriate forum for these issues to be ventilated and to be decided upon,” he said. Zuma will face 16 charges relating to 783 instances of alleged wrongdoing, National Prosecuting Authority (NPA) spokesman Luvuyo Mfaku said. Then deputy president, Zuma was linked to the arms deal through Schabir Shaikh, his former financial adviser who was jailed for corruption. The counts were filed but then dropped by the NPA shortly before Zuma successfully ran for president in 2009. Since his election, his opponents fought a lengthy legal battle to have the charges reinstated. Zuma countered with his own legal challenges. Zuma has also been implicated by South Africa’s anti-corruption watchdog in a 2016 report that alleges the Gupta family, billionaire friends of Zuma, used links with him to win state contracts. The Guptas and Zuma have denied any wrongdoing. Source: Reuters Reporting by Alexander Winning and James Macharia; Editing by Ed Cropley
  13. Might give the Technology ETFs a bubble for it's money.
  14. Satrix Nasdaq 100 ETF launching - The anticipated date for listing on the JSE is Tuesday 10 April 2018 Satrix Nasdaq 100 ETF The Satrix Nasdaq 100 ETF aims to replicate the performance of the Nasdaq-100® index and enables you to invest in the 100 largest, non-financial companies listed on the Nasdaq Stock Market in a single trade. It will be listed on the JSE which means you can invest in South African Rand and are therefore not subject to any exchange control approvals. As this is a total return ETF, the income from the underlying securities is automatically reinvested and no distributions will be made. The Total Expense Ratio (TER) will be targeted at 0.48% p.a. and will be calculated after 1 year. Fact sheet - Click Here
  15. Ahh shiaat. That is terrible. I had a dentist appointment, unexpected had to sell zcash. (I wrote an article on how to use and structure an emergency fund yet...)
  16. I ended up getting chicken from pick n pay already cooked. Wasn't too bad.
  17. Is there Rugby on today?
  18. Hahahahahaha. I need to buy food today, no clue what to eat. Suggestions? I have access to two malls.
  19. Mute (2018) 4/10 Just overall a bad movie.
  20. Playing around with Ubuntu learning the file structure and experimenting with Shell scripts. Coming from a pure windows background, this should be interesting.
  21. This bothers me. I don't want China in SA. Did you guys see the bill that was passed that now allows the government to censor what you do online, tell me that was not of Chinese influence?
  22. Here is the link to the factsheets of each ETF NewFunds Low Volatility: ABSANewFunds_Low_Volatility ETF_InfoSheet.pdf NewFunds Value ETF: ABSANewFundsValue_InfoSheet.pdf PS: The layout of those sheets look bloody nice actually compared to the other ETFs I've seen.
  23. I have a Cannon 550D with a good cannon lens and a Sigma 700mm telephoto lens. I think I have used that Camera on 3 occasions in 8 years and every time my SO managed to get better pictures with her phone.
  24. Was a problem with my Capitec card so stripe didn't work. But it works now so all good.
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