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- Renergen responds and PSG makes waves 🌊
Renergen responds and PSG makes waves 🌊
Steinhoff delist, Karooooo latest results & Understanding share buy backs.
Paul Roux
October 15, 2023
Hi there, 👋🏽
So we will have one Southern Hemisphere team guaranteed in the RWC’23 final, who will be the second finalist?
Stock Spotlight 🔦
Renergen
Believes that the downward pressure on the share price is because of negative social media sentiment.
Denied any association with State Capture and maintains that it has the right to produce and sell helium.
Follow investigator Albie Cilliers here.
Steinhoff International Holdings
The liquidators of Steinhoff International have set a liquidation date of 13 October, after which it will delist and its shares shall cease to exist.
PSG Financial Services
Recurring headline earnings per share +21% to 37.6 cents per share.
Dividend per share +23% to 13.5 cents per share.
Total assets under management +19% to R375.9bn.
Karooooo
Cartrack subscribers +15% to 1,832,708.
Net Cartrack subscriber additions +31% to 75,256.
Total revenue +21% to ZAR1,040 million.
Subscription revenue +17% to ZAR860 million.
Cash generated from operating activities +26% to ZAR304 million.
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