| Purple Capital's gamble on EasyEquities has finally paid off, with the online trading platform turning profitable last year, boosting its own earnings. It owns 70% of EasyEquities, which surpassed 250,000 active accounts in the year ended August - helped by the number of investors stuck at home in front of their computer screens during the lockdown. It's also been helped by partnerships with Capitec Bank and exchange-traded fund issuer Satrix - and recently made a foray into Australia too. More on that in your first newsletter of the week, along with an upbeat update from Bidvest, which has reported a steady improvement for the first four months of its new financial year. Barloworld's shares declined after it revealed the extent of the loss it is likely to report for year to end-September, while Delta Property Fund fell sharply after it delayed its interim results as it figures out the impact of fraud on its financial accounts. Finally, Liberty Two Degrees says distributable income for the year will be down by as much as 65% and Raubex has reached financial close on a contract to upgrade the Beitbridge border post in Zimbabwe. Have a good week. Stephen Gunnion Managing Editor, InceConnect
The latest from Ingham Analytics Recent notes from Ingham Analytics include "Anti-Trusted", "White-Anted", "Buckle up?", "US bounce", "Did your seatbelts go to waste?", "What a drag", "Added weight", "A blemished trading jewel?" "Sink or swim?" and "Irish eyes aren't smiling". For more insightful analysis please visit their website. In addition, there is the Ingham Analytics Weekly Letter on Sunday which after seven months is proving to be enormously popular, reaching a wide and engaged audience who appreciate the ironic and witty take on world events and markets. | 