Nvidia's Financial Performance

• Nvidia's Q1 Results:
• Revenue up 262% year-on-year to $26 billion.
• Net income up 628% year-on-year to $14.9 billion.
• Gross margins at 78.9%.
• Stock Split: 10-for-1 stock split set for 7 June.
• Market Reaction: Stock traded over $1,000 in the aftermarket.

Anglo American and BHP Group * BHP's Third Offer: Anglo American rejects BHP’s third offer. * Deal Concerns: Issues with the price and risk of the deal. * Next Steps: Extended deadline for BHP's offer to 29 May.

Richemont's* Results * Richemont's Position: Holding steady in a tough luxury market. * Earnings Growth: Expected around 10% over the next few years. * Preferred Stock: Richemont favored over LVMH for its focused luxury product line.

Copper Market * Copper Boom: Strong performance but cautious outlook due to potential price pullbacks. * Investment Options: Local ETNs and offshore ETFs available for copper investment.

Structured Products * Educational Video: Power Hour session on structured products by Kevin Swartz from Standard Bank. * Features: Capital protection and enhanced upside.

Pick n Pay's Plan * Sales Update: For 52 weeks ending 25 February, bleak results expected. * Market Reaction: Stock closed 4.5% higher on news of a plan.

South African Economic Indicators * CPI Inflation: 5.2% for April. * Primary Surplus: Revenue exceeded expenditure (excluding interest).

Vehicle Sector Analysis * Companies Covered: Combined Motor Holdings (CMH), WeBuyCars, Motus, and Zeda. * WeBuyCars showed strong sales growth. * Motus and CMH had high dividend yields. * Zeda focuses on car rentals and mobility as a service. * CMH preferred for its consistent performance and dividend yield.

Home Building Sector Analysis * Companies Covered: Calgro M3* and Balwin. * Balwin struggling with higher-priced units. * Calgro M3's flexible pricing strategy favored in current market conditions.

[caption id="attachment_42201" align="aligncenter" width="849"] Calgro M3 vs Balwin[/caption]

Santova Directors' Selling * Director Sales: Recent director sales not seen as a significant concern. * Market Impact: Director selling viewed as a neutral action.

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• I hold ungeared positions.

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