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Markus Jooste
Markus Johannes Jooste (born 22 January 1961) is a South African businessman and the former CEO of Steinhoff International. He is an avid horse breeder, and in 2016 was reported to be one of Africa's richest people, worth $400 million. Joining forces with Christo Wiese in 2014, they embarked on an aggressive international expansion programme. Jooste's sudden resignation from Steinhoff on 5 December 2017 was followed by an involved and protracted controversy concerning Steinhoff's accounting practices in its Central European business dating back to 2016, or even 2014. The resulting uncertainty saw some €10 billion (R160 billion) of Steinhoff's value wiped off the markets in a matter of days, with further losses as the situation unfolded. Aided by the Panama Papers, some journalists contend that insider trading occurred since Steinhoff's listing in 1998, and that the company's top brass acted on both sides of several deals. Leveraged Steinhoff shares served as currency to remuner ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pretoria
Pretoria () is South Africa's administrative capital, serving as the seat of the Executive (government), executive branch of government, and as the host to all foreign embassies to South Africa. Pretoria straddles the Apies River and extends eastward into the foothills of the Magaliesberg mountains. It has a reputation as an academic city and center of research, being home to the Tshwane University of Technology (TUT), the University of Pretoria (UP), the University of South Africa (UNISA), the Council for Scientific and Industrial Research (CSIR), and the Human Sciences Research Council. It also hosts the National Research Foundation (South Africa), National Research Foundation and the South African Bureau of Standards. Pretoria was one of the host cities of the 2010 FIFA World Cup. Pretoria is the central part of the City of Tshwane Metropolitan Municipality which was formed by the amalgamation of several former local authorities, including Bronkhorstspruit, Centurion, Gaute ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Price–earnings Ratio
The price-earnings ratio, also known as P/E ratio, P/E, or PER, is the ratio of a company's share (stock) price to the company's earnings per share. The ratio is used for valuing companies and to find out whether they are overvalued or undervalued. :\text=\frac As an example, if share A is trading at and the earnings per share for the most recent 12-month period is , then share A has a P/E ratio of = years. Put another way, the purchaser of the share is investing for every dollar of annual earnings; or, if earnings stayed constant it would take 8 years to recoup the share price. Companies with losses (negative earnings) or no profit have an undefined P/E ratio (usually shown as "not applicable" or " N/A"); sometimes, however, a negative P/E ratio may be shown. Versions There are multiple versions of the P/E ratio, depending on whether earnings are projected or realized, and the type of earnings. * "Trailing P/E" uses the weighted average share price of common shares in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Operating Margin
In business, operating margin—also known as operating income margin, operating profit margin, EBIT margin and return on sales (ROS)—is the ratio of operating income ("operating profit" in the UK) to net sales, usually expressed in percent. : \text = \frac . ''Net profit'' measures the profitability of ventures after accounting for all costs.Farris, Paul W.; Neil T. Bendle; Phillip E. Pfeifer; David J. Reibstein (2010). ''Marketing Metrics: The Definitive Guide to Measuring Marketing Performance.'' Upper Saddle River, New Jersey: Pearson Education, Inc. . The Marketing Accountability Standards Board (MASB) endorses the definitions, purposes, and constructs of classes of measures that appear in ''Marketing Metrics'' as part of its ongoinCommon Language: Marketing Activities and Metrics Project. ''Return on sales (ROS)'' is net profit as a percentage of sales revenue. ROS is an indicator of profitability and is often used to compare the profitability of companies and industrie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ikea
IKEA (; ) is a Dutch multinational conglomerate based in the Netherlands that designs and sells , kitchen appliances, decoration, home accessories, and various other goods and home services. Started in 1943 by Ingvar Kamprad, IKEA has been the world's largest furniture retailer since 2008. The brand used by the group is derived from an acronym that consists of the founder's initials, and those of Elmtaryd, the family farm where he was born, and the nearby village Agunnaryd (his hometown in Småland, southern Sweden). The group is primarily known for its modernist designs for various types of appliances and furniture, and its interior design work is often associated with simplicity. In addition, the firm is known for its attention to cost control, operational details, and continuous product development that has allowed IKEA to lower its prices by an average of two to three percent. , there are 422 IKEA stores operating in 50 countries and in fiscal year 2018, €38.8 billion ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frankfurt Stock Exchange
The Frankfurt Stock Exchange (german: link=no, Börse Frankfurt, former German name – FWB) is the world's 12th largest stock exchange by market capitalization. It has operations from 8:00 am to 10:00 pm ( German time). Organisation Located in Frankfurt, Germany, the Frankfurt Stock Exchange is owned and operated by Deutsche Börse AG and Börse Frankfurt Zertifikate AG. It is located in the district of Innenstadt and within the central business district known as Bankenviertel. With 90 percent of its turnover generated in Germany, namely at the two trading venues Xetra and Börse Frankfurt, the Frankfurt Stock Exchange is the largest of the seven regional securities exchanges in Germany. The trading indices are DAX, DAXplus, CDAX, DivDAX, LDAX, MDAX, SDAX, TecDAX, VDAX and EuroStoxx 50. Trading venues Xetra and Börse Frankfurt Through its Deutsche Börse Cash Market business section, Deutsche Börse AG now operates two trading venues at the Frankfurt Stock Exchan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
JSE Limited
JSE Limited (previously the JSE Securities Exchange and the Johannesburg Stock Exchange) is the largest stock exchange in Africa. It is located in Sandton, Johannesburg, South Africa, after it moved from downtown Johannesburg in 2000. In 2003 the JSE had an estimated 473 listed companies and a market capitalisation of US$182.6 billion (€158 billion), as well as an average monthly traded value of US$6.399 billion (€5.5 billion). As of March 2022, the market capitalisation of the JSE was at US$1.36 trillion. History The discovery of gold on the Witwatersrand in 1886 led to many mining and financial companies opening and a need soon arose for a stock exchange. The first share transactions on the Rand took place in a rustic canvas tent, with trade taking place on Sundays, as this was the only day when mining was not allowed, owing to a strictly enforced regulation prohibiting the entry of African workers to the gold reefs. The ''Johannesburg Exchange & Chambers Company'' was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Westerstede
Westerstede (; Low German: ''Westerstäe'') is the capital of the Ammerland district, in Lower Saxony, Germany. It is situated approximately 25 km northwest of Oldenburg. It is known for hosting the Rhodo Festival, the biggest exhibition of rhododendrons in Europe. The festival is hosted every four years (next time in 2023). The villages of Burgforde, Eggeloge, Felde, Fikensolt, Garnholt, Gießelhorst, Halsbek, Halstrup, Hollriede, Hollwege, Hollwegerfeld, Hüllstede, Ihausen, Ihorst, Karlshof, Linswege, Linswegerfeld, Mansie, Lindern, Moorburg, Neuengland, Ocholt, Ocholterfeld, Ollenharde, Petersfeld, Tarbarg, Torsholt, Westerloy, Westerloyerfeld and Westerstederfeld are part of Westerstede. The railway station of Westerstede is located in the village of Ocholt, 6 km south of the town. Trains from and to Leer and Oldenburg halt there every hour. The community (and the whole Ammerland region) is famous for its tree nurseries. They grow rh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oldenburg (city)
Oldenburg () is an independent city in the state of Lower Saxony, Germany. The city is officially named Oldenburg (Oldb) (''Oldenburg in Oldenburg'') to distinguish from Oldenburg in Holstein. During the French annexation (1811–1813) in the wake of the Napoleonic war against Britain, it was also known as ''Le Vieux-Bourg'' in French. The city is at the rivers Hunte and Haaren, in the northwestern region between the cities of Bremen in the east and Groningen (Netherlands) in the west. It has a population of 170,000 (November 2019). Oldenburg is part of the Bremen/Oldenburg Metropolitan Region, with 2.37 million people. The city is the place of origin of the House of Oldenburg. Before the end of the German Empire (1918), it was the administrative centre and residence of the monarchs of Oldenburg. History Archaeological finds point to a settlement dating back to the 8th century. The first documentary evidence, in 1108, referenced ''Aldenburg'' in connection with Elim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Twickenham Stadium
Twickenham Stadium () in Twickenham, south-west London, England, is a rugby union stadium owned by the Rugby Football Union (RFU), English rugby union governing body, which has its headquarters there. The England national rugby union team plays home matches at the stadium. It is the world‘s largest rugby union stadium, the second largest in the United Kingdom, behind Wembley Stadium, and the fourth largest in Europe. The Middlesex Sevens, Premiership Rugby fixtures, Anglo-Welsh Cup matches, the Varsity Match between Oxford and Cambridge universities and European Rugby Champions Cup games have been played at Twickenham Stadium. It has also been used as the venue for rugby league Challenge Cup finals and American football, as part of the NFL London Games in 2016 and 2017. Twickenham Stadium has hosted concerts by Rihanna, Iron Maiden, Bryan Adams, Bon Jovi, Genesis, U2, Beyoncé, The Rolling Stones, The Police, Eagles, R.E.M., Eminem, Lady Gaga, and Metallica. Overview T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2015 Rugby World Cup
The 2015 Rugby World Cup was the eighth Rugby World Cup, the quadrennial rugby union world championship. The tournament was hosted by England from 18 September to 31 October. Of the 20 countries competing in the World Cup in 2011, there was only one change: Uruguay national rugby union team, Uruguay replaced Russia national rugby union team, Russia. This was the first World Cup with no new teams to the tournament. Reigning champions New Zealand national rugby union team, New Zealand won the cup and defended their title by defeating Australia national rugby union team, Australia in 2015 Rugby World Cup Final, the final 34–17; South Africa national rugby union team, South Africa defeated Argentina national rugby union team, Argentina to take third place. This was the first Rugby World Cup where no Northern Hemisphere team got beyond the quarter-finals. New Zealand were the first team to retain their title and the first to win for a third time. The highly contested 2015 Rugby Wo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stellenbosch
Stellenbosch (; )A Universal Pronouncing Gazetteer. Thomas Baldwin, 1852. Philadelphia: Lippincott, Grambo & Co.A Grammar of Afrikaans. Bruce C. Donaldson. 1993. Berlin: Walter de Gruyter. is a town in the Western Cape province of South Africa, situated about east of Cape Town, along the banks of the Eerste River at the foot of the Stellenbosch Mountain. The town became known as the City of Oaks or ''Eikestad'' in Afrikaans and Dutch language, Dutch due to the large number of oak trees that were planted by its founder, Simon van der S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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