What a cold and depressing winter it has been… For the JSE that is.
Since Steinhoff's debacle, we've seen some of the largest companies on the JSE crash 30% to over 89%, which I'll explain in just a minute.
And there are no signs yet for recovery until the end of 2019.
In today's article we'll cover the Ugly and the Bad for the JSE and a little bit of Good on how we can profit during... ››› more
Tongaat Hulett produces sugar cane and maize based products across the south of Africa. The company has a listing on the Johannesburg Stock Exchange…
Full name: Tongaat Hulett Limited
Short name: Tongaat
Sector: Food & beverage – food producers
Five top facts about Tongaat Hulett
Tongaat Hulett employs nearly 40,000 people across its operations of sugar can... ››› more
Earlier today, Tongaat Hulett released a trading statement for the six months to the end of September. In the statement, the sugar producer said that headline earnings per share are to be 1.2% higher than the previous comparable period. But the market was unimpressed, punishing the share swiftly lower. Let's take a closer look at what the trading statement revealed…
Shares in Tongaat Hulett sl... ››› more
Disclaimer FSP Invest, a division of Fleet Street Publications (Pty) Ltd, is a research house and not a registered broker, financial advisor or financial service provider. Our editors and customer services teams also do not give personal investment advice. The advice in this website is general advice only and may not be appropriate to your particular investment objectives, financial situation or particular needs, so before investing or if in any doubt about your personal situation, you should seek professional advice from a stockbroker or independent financial adviser authorised by the Financial Services Board.
We research our recommendations and articles thoroughly, but disclaim all liability for any inaccuracies or omissions found on this website.
Remember: Never invest more than you can afford to spare and that the value of any investment, and the income derived from it, can go down as well as up. The past is not necessarily a guide to future performance.
Editors or contributors may have an interest in investments commented on in this website.