Alec Hogg: Until EOH’s managers believe, the market won’t

Guest co-host Delphine Govender and I struggled at the critical point of last night's BPH interview with EOH chief executive Stephen van Coller. Now that you've cleared away most of the mess, what's the dream, Perpetua's founder asked? I added: why should long-term shareholders keep the faith, considering some have lost 95% of their capital?.Read more: Alec Hogg: The conversion of Value guru Howard Marks.Maybe Van Coller was reverting to his conservative banking roots. Or perhaps the former head of ABSA Capital is gun-shy after overseeing two years of retrenchments, asset sales and having to 'fess up on behalf of corrupt predecessors. His response was bland. Acceptable from a CEO running a corporate – but not one leading an entrepreneurial tech company..___STEADY_PAYWALL___.He only perked up at the end when I reminded Van Coller he is the person directly responsible for the out-performance of our BizNews Share portfolio. Because it was his initiative in bringing the faculty of Singularity University to Johannesburg that taught many of us about exponentiality. And, critically, to correctly value the few companies actually achieving it..Read more: Alec Hogg: Why we're adding Purple Group to BizNews portfolio.In Howard Marks' Memo to Clients which I referred to yesterday, he explains why equity investors have to be optimists. They are looking for upside, so require a good news story to support the numbers. After delivering its first half year of operating profit since cockroaches emerged, at last EOH looks to be at a tipping point. But until its managers believe this, the market won't..PS If you'd like to watch the recording of last night's in-studio BPH action, here's the link: https://youtu.be/XxQxzArBq0Q. For a daily reminder as the show goes live, join 19 000 others by going to BizNews TV and clicking on the "subscribe" button..For your listening and viewing pleasure.Latest audio on BizNews Radio… (click on the link to access).BPH: Delphine Govender co-host; Stefano Marani; Helena Conradie; Stephen Van Coller; CryptosFB: Mkhize blames J&J for slow vaccine roll-out; DA's Madikizela 'lied' on CV; airline price warWhat's next as Bitcoin shoots towards R1m; cryptocurrencies explode around Coinbase IPO?Balwin, EasyProperties chat 50 apartments and the value of fractional ownershipEmile Du Toit – MD of Harith General Partners on $200m capital raise.Latest on BizNews TV… (subscribe on our YouTube channel to access all our videos including live studio action of the BizNews Power Hour).BPH: Delphine Govender co-host; Stefano Marani; Helena Conradie; Stephen Van Coller; CryptosZuma ordered to pay legal fees in corruption case; SA's uneducated civil servants

Alec Hogg: Until EOH’s managers believe, the market won’t

Related Stories

Meet Tshepo Mahloele – Big Capitec shareholder, ABSIP’s “CEO of the Decade” now accused by Holomisa as kingpin of corrupt network

PREMIUM: Making of a great editor – the George Palmer playbook

Premium – BizNews global portfolio: ASML joins – so does Adobe as Bull takes hold again

Alec Hogg: Helen Zille predicts SA choice will be DA or EFF