Company Updates

JSE

26

January 2022

TELKOM SA (TKG)

Government Gazette: The Special Investigative Unit has been given authority to investigate possible maladministration regarding the disposals of iWayAfrica, Africa Online Mauritius and Multi-Links Telecommunications.

25

January 2022

CASHBUILD (CSB)

Operational Update: Revenue for the second quarter for the Cashbuild Group was down 11% on the comparative period. Transactions through the tills during the second quarter decreased by 18%.

25

January 2022

ARCELORMITTAL (ACL)

Trading Statement: HEPS are expected to improve from R1,90 headline loss per share for the comparative period to a headline profit per share within a range of R6.00 and R6.30 per share for the period.

25

January 2022

AVI (AVI)

Trading Statement: Consolidated HEPS for the six months ended 31 December 2021 are expected to increase by between 5.5% and 7.5% over the prior year, translating into a range of between 313,6 and 319,6 cents per share.

25

January 2022

MOTUS (MTH)

Trading Statement: HEPS will be between 45% to 55% higher to between 763 cents and 815 cents for the 6 months to December 2021. Vehicle sales are continuing to recover despite the erratic vehicle supplies being experienced.

24

January 2022

SIBANYE STILLWATER (SSW)

Sale and Purchase agreement Cancelled: A geotechnical event occurred at the Santa Rita nickel mine in Brazil and is reasonably expected to be material and adverse to the business. As such, the Atlantic Nickel agreement has been terminated.

24

January 2022

BAUBA RESOURCES (BAU)

Cautionary Announcement: Bauba has been notified by certain shareholders that they have entered into negotiations between themselves which, if successfully concluded, may have a material effect on the price of the Company’s securities.

24

January 2022

VUKILE PROPERTY FUND (VKE)

Cautionary Announcement: Vukile has entered into negotiations, which if successfully concluded may have a material effect on the price of the Company’s securities.

24

January 2022

CLICKS (CLS)

Trading update: Sales in comparable stores increased by 11.1% (2021: 4.4%), with selling price inflation averaging 3.3% (2021: 3.2%) for the period.

21

January 2022


TRUWORTHS (TRU)

Trading Update & Statement: Group retail sales for the 26-week period ended 26 December 2021 increased by 2.0% to R9.9 billion. HEPS for the current period will increase by between 29% and 34% to between 438 cents and 455 cents.

21

January 2022

THE FOSCHINI GROUP (TFG)

Trading Update: Group retail turnover grew of 17.3% in Q3 FY2022 with significant growth over the Black Friday period. Cash retail turnover (70.8% of total TFG Africa retail turnover) grew 41.6% for the nine months to December 2021.

21

January 2022

MR PRICE (MRP)

Trading update: The group recorded growth in retail sales and other income of 19.2% to R9.3bn. This included the recently acquired Power Fashion and Yuppiechef businesses, excluding which RSOI grew 7.2% to R8.3bn.