Amazon Leaves Food Delivery Space

12-JUN-19

Amazon announced yesterday that it will be shutting down its restaurant food delivery services "Amazon Restaurants" on the 24th of June, hanging up the gloves, caving to fierce competition from GrubHub, DoorDash, and UberEats. This is wonderful news for the remaining competitors in the US.


Read more...

Amazon's New Drone

06-JUN-19

Amazon has officially launched their delivery drone. Exciting times!


Read more...

Amazon Buys Into Deliveroo

28-MAY-19

Last week it was announced that Amazon would be leading a $575 million investment in Deliveroo. I have actually been following this company closely for a while now because I met a couple on honeymoon who had gone to Wharton Business School with the founder of Deliveroo. They even got offered the opportunity to invest in it right at the start, which they turned down. Ouch! Having said that they also turned down 6 other startups from their classmates which all failed.


Read more...

Berkshire Buying some Amazon

03-MAY-19

I have now seen it all. Berkshire Hathaway has been buying shares in Amazon. Why do I sound so shocked? Because Amazon is a notoriously expensive stock and Warren is the king of value. He has often mentioned his admiration for Jeff Bezos and Amazon but would often say he was too late.


Read more...

Amazon Q1 - Record Profits

29-APR-19

On Thursday night Amazon released their Q1 earnings. The numbers looked good. Operating cash flow was up 89% to $34.4bn. This is an important number for a company that is notoriously non-profitable because of its' high investment rate. Sales for the quarter increased 17% to $59.7bn, Net income more than doubled to a record $3.6bn or $7.09 a share. Revenues were in line with expectations but profits comfortably beat.


Read more...

Amazon - 3rd Party Sellers

12-APR-19

Jeff Bezos released his annual shareholders letter yesterday. It is my third favourite annual letter after Berkshire Hathaway and of course Vestact. He started the letter with an interesting trend.


Read more...

Amazon Launches Internet Satellites

09-APR-19

Companies like Amazon, Google and Facebook need their clients to have access to the internet. Because they have already landed most of the existing connected client base they are desperate to see more people connected. So much so that they are willing to provide internet for free.


Read more...

AWS Growth

07-MAR-19

The other day I came across this interview with Jim Cramer and the CEO of Amazon Web Services, Andy Jassy. Some of the stats Andy quoted puts the potential of the AWS business into perspective.


Read more...

Amazon Opens More Physical Stores

05-MAR-19

Amazon is rumoured to launch new grocery store business in a quest to conquer the world. The company has already clocked online shopping, cloud computing, streaming and has put in a lot of work into advertising and healthcare.


Read more...

Amazon's China Partnership

20-FEB-19

Amazon is said to be seeking a tie-up for its long-suffering Chinese business with online market place Kaola, a company owned by tech giant NetEase. The e-commerce market in China is dominated by Jack Ma's Alibaba and Richard Liu's monolith JD.Com.


Read more...

Amazon Q4 - Strong International Growth

04-FEB-19

When a company reports its results, we immediately look at four key pieces of information. Firstly, its reported profits in Dollars or Rands per share, relative to market expectations. Secondly, sales revenues relative to consensus. These two tell you right away whether we are dealing with a 'beat' or a 'miss'. Thirdly, we look at the tone of the management guidance for the year ahead. Is the outlook good, or are they guiding us lower? Finally, and most importantly of all - what is the share price reaction.


Read more...

Amazon launches scout robot

24-JAN-19

Yesterday, Amazon unveiled Scout, a robot slave with six wheels to feed the appetite of the Amazon customer. Scout has a simple mandate; to deliver your packages to your door but only if you're a Prime Member living in Washington's Snohomish County. Sorry Jozi, not today!


Read more...

Amazon expands Prime Air

07-DEC-18

Last week Barry Ritholtz went on a rant about share buy-backs; Bad Buybacks.


Read more...

Amazon Q3 - Record Profits

30-OCT-18

Last week Thursday, after the market closed, Amazon released third-quarter numbers. The numbers looked solid but the share price fell back 8%. In it's defence, the share price was up 7% the day before. The market has been very volatile of late making it is difficult to tell what is really moving the share price during this earnings season. Is it the numbers or is it market sentiment?


Read more...

There is still growth ahead for Amazon

09-OCT-18

How can one possibly buy shares in Amazon now, after the stock has done so well? We get this kind of question from time to time, from new clients. The answer is, we expect them to go on doing well, and growing even further.


Read more...

Older stories...

Newsletter Sign Up

Sign up for our free daily market newsletter.

Paul Theron's Tweets

Byron Lotter's Tweets

Michael Treherne's Tweets

Bright Khumalo's Tweets