63 replies to this topic

[Shi]

lol 26.96% - thats quite specific...

 

The results will probably be out in a day or two.

[gamma]

FURTHER TRADING UPDATE


In accordance with paragraph 3.4 of the Listings Requirements of the JSE Limited, a listed company is
required to publish a trading statement as soon as it becomes aware, with a reasonable degree of
certainty, that the financial results for the next period to be reported on are likely to vary by more
than 20% from the previous corresponding period.

The company expects an improvement of 26.96% in the headline earnings per share (“HEPS”) for the
six months ended 31 August 2013, from a headline profit of 31.63 cents per share reported on for
the six months ended 31 August 2012.


The company expects an improvement of 26.96% in earnings per share ("EPS") for the six months
ended 31 August 2013, from a earnings per share of 31.63 cents per share reported for the six
months ended 31 August 2012.Taking into account a pipeline in excess of R 10 billion over the next 5
years the group is well positioned for sustainable growth.

The company did not undertake any corporate action during the current financial year when
compared to the prior year.


The financial information on which this trading statement is based has not been reviewed or
reported on by the company’s auditors.

 

 

lol 26.96% - thats quite specific...

[Goliath]

FURTHER TRADING UPDATE


In accordance with paragraph 3.4 of the Listings Requirements of the JSE Limited, a listed company is
required to publish a trading statement as soon as it becomes aware, with a reasonable degree of
certainty, that the financial results for the next period to be reported on are likely to vary by more
than 20% from the previous corresponding period.

The company expects an improvement of 26.96% in the headline earnings per share (“HEPS”) for the
six months ended 31 August 2013, from a headline profit of 31.63 cents per share reported on for
the six months ended 31 August 2012.


The company expects an improvement of 26.96% in earnings per share ("EPS") for the six months
ended 31 August 2013, from a earnings per share of 31.63 cents per share reported for the six
months ended 31 August 2012.Taking into account a pipeline in excess of R 10 billion over the next 5
years the group is well positioned for sustainable growth.

The company did not undertake any corporate action during the current financial year when
compared to the prior year.


The financial information on which this trading statement is based has not been reviewed or
reported on by the company’s auditors.

[gamma]

That is the long awaited close above 6 . If it confirms tomorrow we should be in for a nice ride up.

 

Been slow and steady going since the break through R6. closed at 6.64 yesterday but average volume.

Still offering excellent value in a fairly overpriced market. Results out soon too.

[Perreby]

Griffin

Will get back to you tomorrow morning..

Had a busy day today..

Edited by Perreby, 19 August 2013 - 08:50 PM.

[Griffin]

That is the long awaited close above 6 . If it confirms tomorrow we should be in for a nice ride up.

about time

[gamma]

That is the long awaited close above 6 . If it confirms tomorrow we should be in for a nice ride up.

[Goliath]

Difficult to say on ranges as the period is not finished yet. I suppose we will again see a 'further trading update' towards the end of Sept.

 

Should rocket tomorrow.

Couldn't resist, added some more

[Shi]

Well called gamma, trading statement is out! Predictions for the ranges?

 

Difficult to say on ranges as the period is not finished yet. I suppose we will again see a 'further trading update' towards the end of Sept.

 

Should rocket tomorrow.

[Goliath]

Last couple years toward end of July they have issued a trading statement. Expect something between now and mid August.

IMO...If you are going to get in now is the time

Well called gamma, trading statement is out! Predictions for the ranges?

[gamma]

Any updates / opinions on Calgro? Am interested in getting in

 

Last couple years toward end of July they have issued a trading statement. Expect something between now and mid August.

IMO...If you are going to get in now is the time

[newbie]

Any updates / opinions on Calgro? Am interested in getting in

[gamma]

CGR could benefit from this

http://www.timeslive...ow-cost-housing

[gamma]

Guess its a feather in Calgro's cap that they are not involved in this mess. At least I hope so. I don't see them mentioned in any of the info out so far.

 

Is it possible that a few companies in the sector will struggle with cash flow as a result of the fines, which may mean more opportunity for CGR?

[Geko]

Any more opinions on this one. I hold currently but looking to get more. To me the current price appears reasonable, as was expecting more of a jump after the last results...

Another link to look at:

http://www.smallcaps...te-on-calgro-m3

and the rough evaluation included in that link

(he does hold it though)

[gamma]

Would be interesting to see.. it seems they've got their relations with Govt in order but nevertheless, I'll stick around with this one! Too much going for it, but then again we all felt that way about Litha and look what it is doing currently

 

 

 looked around but couldnt find a clear answer to this.

[Goliath]

No, you make a good point.

I haven't been able to figure out exactly what % of their revenue is from Govt. Certainly some of it is.

Will dig around a bit more..

Would be interesting to see.. it seems they've got their relations with Govt in order but nevertheless, I'll stick around with this one! Too much going for it, but then again we all felt that way about Litha and look what it is doing currently

[gamma]

from last night

http://www.abndigita...lgro-Hot-or-Not

[gamma]

Gamma are they getting most of their income from GOVT????

 

if so ill keep away!!! I don't know, juts asking...

 

 

No, you make a good point.

I haven't been able to figure out exactly what % of their revenue is from Govt. Certainly some of it is.

Will dig around a bit more..

[HDB]

Gamma are they getting most of their income from GOVT????

 

if so ill keep away!!! I don't know, juts asking...

 

Reading Keith's rationale I can't really fault it..

Fact is, demand will drive growth for awhile

There margins have improved in the last set of results

Management seems good.

Yes the industry is cyclical but the segment they are operating in is probably less so.

 

Would love to hear some downsides from anyone that can point some out but I'm not seeing many myself