Archive for February 23rd, 2010

The share price was below R65 per share just a month ago. It rocketed to R79 last week, and the interim results, released today, tell us why. What a retailer! It’s Whitey Bassson, in conversation with Lindsay… »

SA’s GDP surprised to the upside. Well done to us all. Here’s the details, with Chris Hart, chief economist at Investment Solutions in… »

Have we reached ‘Peak Oil’? Well, ASPO believes so, and so does Sir Richard Branson. Listen to Dr. Yaj Chetty from the Association of Peak Oil SA, in conversation with Lindsay… »

Building material retailer Cashbuild (CSB) said in a trading update on Tuesday that it expects headline earnings per share and earnings per
share for the half year ended December 31, 2009 to be 24% to 29% lower than previously.
Cashbuild said it expects to publish its results on about March 16…. »

Gold Fields (GFI) on Tuesday advised that it expects it Q3 FY2010 production to come in 5% below previous guidance of 850,000 ounces on the back of safety interventions at its Kloof Gold Mine in South Africa.
Production is expected to return to normal levels by the end of the March… »

South Africa’s real gross domestic product (GDP) at market prices on a quarter-on-quarter (q/q) seasonally adjusted annualised (saa) basis rose by 3.2% in the fourth quarter of 2009 after +0.9% in the third quarter of 2009, Statistics South Africa (Stats SA) data showed on Tuesday.
For 2009 GDP… »

Telecommunications, multimedia and IT holding group Altech (ALT) said in a voluntary business update on Tuesday that headline earnings
per share and its adjusted headline earnings per share are expected to show positive growth over the previous period.
The group said it was “currently operating well and has experienced growth in… »

Pretoria, Feb 23 (I-Net Bridge) - The following table gives the largest and the lowest contributors to the growth rate of 3.2% quarter-on-quarter seasonally adjusted and annualised for South African gross domestic product in the fourth quarter of 2009.
MAIN CONTRIBUTORS                                        % pts
POSITIVE CONTRIBUTORS
Manufacturing                                             1.5
General Government                                        1.0
Mining and quarrying                                      0.2
Storage, transport & communications                       0.2
Finance, real estate… »

Johannesburg, Feb 23 (I-Net Bridge) - South Africa’s real gross domestic product (GDP) at market prices on a quarter-on-quarter (q/q) seasonally adjusted annualised (saa) basis rose by 3.2% in the fourth quarter of 2009 after +0.9% in the third quarter of 2009, Statistics South Africa (Stats SA) data showed on Tuesday.

For… »

Mondi FY HEPS down 44% to 11.4 EUR cents (3)
- Mondi total dividend drops 25% to 9.5 EUR cents
Johannesburg, Feb 23 (I-Net Bridge)   Forest and paper products group Mondi (MND) on Tuesday reported a 44% fall in its full year headline earnings per share (HEPS) by posting HEPS of 11.4 EUR cents for 2009 compared… »