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S. African Stocks in Fifth Weekly Gain; Telkom Slips on CEO Exit

S. African Stocks in Fifth Weekly Gain; Telkom Slips on CEO Exit
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

South Africa , Gold Fields , United States , Hong Kong , South African , Matete Thulare , Lester Davids , Sipho Maseko , Nedbank Group Ltd , Pan African Resources Plc , Blue Label Telecoms Ltd , Glencore Plc , Royal Bafokeng Platinum Ltd , Investec Plc , Northam Platinum Ltd , Multichoice Group , Group Plc , Impala Platinum Holdings Ltd , Standard Bank Group Ltd , Harmony Gold Mining Co , Anglo American Platinum Ltd , African Reserve Bank , Naspers Ltd , Absa Group Ltd , African Rainbow Minerals Ltd , Firstrand Ltd ,

SA stocks in fifth weekly gain; Telkom slips on CEO exit

SA stocks in fifth weekly gain; Telkom slips on CEO exit
moneyweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweb.co.za Daily Mail and Mail on Sunday newspapers.

South Africa , United States , Hong Kong , South African , Sibanye Stillwater , Matete Thulare , Lester Davids , Sipho Maseko , Pan African Resources Plc , Blue Label Telecoms Ltd , Tencent Holdings , Investec Plc , Vodacom Group , Multichoice Group , Standard Bank Group , African Rainbow Minerals , Nedbank Group , Harmony Gold Mining Co , African Reserve Bank , Capitec Bank , Impala Platinum Holdings , Rand Merchant Bank , Wall Street , All Share Index , Anglo American , South African Reserve Bank ,

Fallen giants: How are the turnarounds going?


MONEYWEB
app instead?
Six once-large groups, and what the prognosis looks like for each.
By Keith McLachlan
29 Apr 2021 
00:26 
Open:
Open:
Open:
Excluding the property and construction sectors, below is a table of formerly-large groups that have collapsed:
 
Source: Profile Media (intra-day, April 22, 2021)
How are these fallen giants doing right now?
Blue Label Telecoms: Core remains strong
Blue Label Telecoms’ challenges started with its acquisition and recapitalisation of Cell C.
Although one can understand why Blue Label invested into a failing Cell C (the group’s bottom line is materially exposed to the telcos), the investment didn’t just bring debt onto the group’s normally cash-rich balance sheet, it has also been impaired to zero. ....

United States , Sun City , North West , South Africa , United Kingdom , Simon Brown , Tsogo Sun , Tsogo Hotels , Lucky For Sun International , Blue Label Telecom , Sun International , Grindrod Shipping , Profile Media , Label Telecoms , Label Telecom , Blue Label , New Look , Virgin Active , Tsogo Gaming , South American , Value Capital Partners , ஒன்றுபட்டது மாநிலங்களில் , சூரியன் நகரம் , வடக்கு மேற்கு , ஒன்றுபட்டது கிஂக்டம் , சிமோன் பழுப்பு ,

Blue Label expects slight uplift in headline earnings


Blue Label expects slight uplift in headline earnings
Blue Label co-CEOs Mark and Brett Levy
Blue Label Telecoms will report slight growth in headline earnings per share of between 0% an 4% for the six-month reporting period ended 30 November 2020.
In a trading statement on Wednesday, the group – which owns 45% of Cell C, and to which it has attached a nil carrying value – said basic earnings per share will rise by between 41% and 45%, mainly because of the sale of its 47.6% stake in Blue Label Mexico and its decision a year ago to cease operations of its WiConnect retail stores.
Core headline earnings will come in at R376-million, of which R351-million is related to continuing operations and R25-million to discontinued operations. Excluding non-recurring income from foreign exchange gains of R22-million, core headline earnings from continued operations amounted to R329-million, equating to core headline earnings of 37.35c/share, a decline of 13.5% compar ....

Ceos Mark , Mark Levy , Blue Label , Label Telecoms , Blue Label Mexico , சிஇஓஎஸ் குறி , குறி வசூல் செய்தல் , நீலம் லேபிள் , லேபிள் தொலைத்தொடர்புகள் , நீலம் லேபிள் மெக்ஸிகோ ,