KEH showing some good results!
Went long on KEH today. Got in @2.41. Good prospect with their results today
Salient Features
Continued good safety performance
R205 million cash generated from operations
R117 million gross profit compared to a gross loss of R38 million in the comparable period
HEPS up 192% from (21.1c) to 19.4c
R39 million debt repaid
70% increase in group revenue to R710 million
Net profit after tax of R42 million compared to a net loss after tax of R64 million for the comparable period
55% increase in Eskom sales to 1.1million tonnes
Commenced development of Pit 4 at Vanggatfontein
Acquisition of Xceed Resources Limited
PS: HOPE IT DOESNT DO A BSI ON ME AND PROVE WRONG. BSI HAD INCREDIBLE RESULTS TOO, BUT WENT BACKWARDS
Edited by Queen B, 18 November 2013 - 06:04 PM.