Covid-19 opens Curro’s wounds as learners diminish, bad debt rockets
Curro, the largest listed private education company on the local bourse, announced a rather grim trading update for its 2020 year-end.
Curro, the largest listed private education company on the local bourse, announced a rather grim trading update for its 2020 year-end.
Health insurer Discovery reported no growth in first-half profit weighed down partly by the cost of setting up a bank.
Standard Bank says it expects to report that 2015 profit increased by as much as 35 percent, because of reduced losses at its international operations.
The price of Tiger Brands is back where it started a year ago after losses from the Nigerian misadventure keep growing; Spar has done much better by targeting its expansion into the First World.
The performance of logistic companies, like Value Group (VLE) can be said to be linked to GDP growth, movement of goods and economic activity. Interestingly, the share price of Value Group has also been falling, having been knocked down from 700c a year ago (26 Nov 2013) to its current price of around 430c.
Barloworld released its interim results this morning, with a 10% increase in headline earnings, and a 71% spike in earnings per share, the share is however trading half a percent down on the day after a strong start this morning. Despite today’s moves, Barloworld is a strong stock acting as a heavy industry gauge in … Read more