MICHAEL AVERY: Market sceptical about SA Taxi turnaround shtick

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Behind the share sales by David Hurwitz and the share purchases of Chris Seabrooke

Transaction Capital CEO David Hurwitz is on a media and investor schmooze mission to repair damaged credibility, with the backing of some formidable shareholders who have upped their stakes in the past four trading days — notably Chris Seabrooke of Sabvest Capital and a former chair, and the second-largest shareholder, Coronation. This was after the loss of almost 70% of its market value the week before.

Judging by the share price reaction — a gain of 13% for the week but still 53% down on the R28.13 price the day before Hurwitz delivered that calamitous trading update — the market remains unconvinced. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

So the market should be, schmooze only fools some of the people some of the time. Recalibrate the balance sheet carrying values to lower of cost and net realisable value and its a horror show. The lenders are going to have to make a call soon. TC Ltd. could catalyse systemic risk

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Transaction Capital insists SA Taxi business is ‘robust’Unit is facing severe challenges as vehicle repossessions rise
출처: BDliveSA - 🏆 12. / 63 더 많은 것을 읽으십시오 »

THIS WEEKEND: Florida Road Open Street Market | East Coast RadioIn a first for Durban, Open Streets Florida Road encourages the free and safe movement of pedestrians experiencing the space in new and exciting way. ThingsToDoInKZN ♥️ Stay at home, don't get shot. thingstodoinkzn
출처: ecr9495 - 🏆 38. / 51 더 많은 것을 읽으십시오 »

Enhance your ceramic collection at the Rondebosch Potters MarketCeramics SA Western Cape has been hosting the biannual Potters' Market in Rondebosch Park for over 40 years, offering a diverse selection of ceramics, stoneware, and earthenware in a shady and charming environment.
출처: CapeTownEtc - 🏆 17. / 63 더 많은 것을 읽으십시오 »

Acsa respond to BP exit from South African jet fuel marketThe Airports Company South Africa (ACSA) has noted the multiple media reports about British Petroleum (BP) ceasing to supply jet fuel for airports in South Africa.
출처: CapeTownEtc - 🏆 17. / 63 더 많은 것을 읽으십시오 »

PetroSA aims to expand interests in aviation fuel supply marketThe state-owned company has stepped into the gap left by BP Southern Africa I smell another tender and corruption… Ag Shame for PetroSA
출처: BDliveSA - 🏆 12. / 63 더 많은 것을 읽으십시오 »