The link to the webcast
Andi, these are good results considering where this business was a year or two ago. If you strip out non-core, the core businesses are healthy with +cashflows and profitable with decent gross margins at 9-10%, 72% International and 28% SA is also a great one in my books.
I fully agree with the debt levels being manageable especially with the +cashflows
6 months to go on the 36 months turnaround strategy...So far I am happy with the progress and will continue to hold.
Cyril can keep his R700billion construction pipe dream.
The less SA exposure the better for Aveng, Cyril's blowing hot air. All talk no action. Then the problem of construction mafias, which the government is NOT willing to solve, they make that problem be the construction company's problem, when they know very well they should be arresting the people disrupting ongoing projects , threatening workers with violence.