Posted in Money on April 28th, 2017
We want to share with you some articles and videos that we have come across in the last week or so that we think provide insight and we find helpful, along with some of our content for newer readers. To save you time, we summarize what the content covers.
BHP’s operational review, which has some interesting notes. They’ve definitely focused their portfolio rather than trying to be too diverse:
We have fundamentally restructured BHP Billiton to increase returns. The demerger of South32 and US$7 billion of divestments has reduced the number of assets in the portfolio by over a third and our new organisational structure has removed layers of management. Our more focused portfolio has enabled us to lower unit costs by over 40 percent. And we have improved our approach to capital management which has strengthened the balance sheet and increased the discipline with which we invest and return cash to our shareholders.
Cut the fat.
AMA with a grandmother who survived the Soviet Union. Consider the “hard” stories you’ve heard from people you know then compare those stories to hers. Sounds easy? If you experience great pain and suffering in your life, then you will have a much stronger baseline for handling pain. People who “take it easy” never develop this, which makes small crises seem overwhelming. Do hard things; life only gets easier.
Earnings season have already started. When I wrote my article for Wednesday, I did not even realize that $UCTT will be announcing earnings later that day after hours. Wednesday night, I received a pleasant surprise. I guess earnings was really positive and the stock gapped up after hours by more than 10%. I hope the trend continues.
Also, Twitter announced earnings this past week. Twitter reported positive earnings, where they increased average monthly active users (MAU) by 9 million, 3 million of those users in the U.S. This seems to be a stock mover considering the overall revenue has decreased by 8% year-over-year. Streaming live video content has increased, which I surmised as Twitter’s focus. Congratulations to those who may have bought the bottom, when I wrote my Twitter article! Coincidence? Maybe I should work for Barron’s! With the positive reaction by the earnings report, it may seem a good buy. But for me, I have to wait and see because the stock price is still below 200 day SMA. I consider Twitter stock to be a volatile mover, as any rumors/news seem to trigger very short term movements. “And may the odds be ever in your favor!”
Netflix has reached an all time high this week. We have speculated about what Netflix can do to grow back in early March. We will see if it continues to grow subscribers. Analysts were worried that growth may have slowed in terms of subscribers. With that, the stock price was moving sideways for several months. Now, $NFLX seems to have started moving back up again. Only time will tell if it continues to trend higher.
Weekly recap for April 28th https://t.co/EEIKhoTySq. This week's podcast, we'll be discussing healthcare, Gnosis and a bonus.
— FinTekNeeks (@fintekneeks) April 28, 2017