In October 2014 I warned investors reading my MoneyMorning column against investing in three specific JSE listed penny stocks.
Of those three Evraz Highveld Steel lost 66% of its value, you'd be lucky to sell the shares in Chempsec if you hold any.
And Firestone Energy is nearing bankruptcy…
It's closer than ever to close its doors. And still I get investors asking me whether they shou... ››› more
EHSV is an iron ore, steel and vanadium slag producer. The company has a listing on the Johannesburg Stock Exchange…
Full name: EVRAZ Highveld Steel and Vanadium Limited
Short name: EHSV
Ticker: EHS
Sector: Basic resources – industrial metals & mining
Five top facts about EHSV
Fact #1:
EHSV employs around 2,300 people across its operations.
Fact #2:
EHSV has a listing on th... ››› more
A recent survey of on international stock exchange, the ASX, found that as much as a third of the 2,100 companies listed there are at risk of financial catastrophe.
In fact, 58% of the bottom 500 companies on the ASX published warnings they could go bust within 12 months.
But surely this isn't the case in South Africa, is it?
Well if that’s what you thought, you’re sadly mistaken my fr... ››› more