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The week ahead: 15 - 19 May 2017
Dineo_T
New Contributor
‎15-05-2017 09:07 AM
‎15-05-2017 09:07 AM

iStock-157724798_150px.jpg

 

 

The week kicks of with several results out today. This should shake the markets up a bit following the easter holoday lethargy. Vodacom’s full year results are out. The telecommunications company also announced that they will acquire a 35% stake in Safaricom from Vodafone in exchange for 226.8m Vodacom shares. Vodacom says this will allow them to better manage their sub-Saharan operations while opening up the Kenyan market.

 

On the political front, the constitutional Court will be hearing the UDM’s case for a secret ballot in the no confidence vote for the president, the date of which will be announced following the ConCourt decision.

 

Events to diarise:

Monday, 15 May

  • Vodacom annual results
  • Lonmin interim results
  • Astral Foods interim results
  • Sappi interim results
  • Netcare interim results
  • Calgro M3 annual results
  • Barloworld Limited annual results

Tuesday, 16 May

  • AngloGold Ashanti AGM
  • Government bond auction

Wednesday, 17 May

  • Dis-chem annual results
  • Lonmin annual results
  • March Retails trade sales data (StatsSA)

Thursday, 18 May

  • Investec Annual results
  • Oceana Group interim results
  • Stats of civil cases for debt (March)
  • Wholesale trade sales data (March)

Friday, 19 May

  • Astrapak annual results

1 Comment
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New Contributor

1

 

, buy_x1_alsitop40june'17@ 48145,

 

I got the squad tatted on me from my neck to my ankles
Pressure from the man got us all in rebellion
We gon' go to war, yeah, without failure
Do it for the fam, dog, ten toes down, dog
Love and the loyalty that's what we stand for

I'm a slave to your games
I'm just a sucker for pain

 

also

 

hedged that madne$$ waff 40k x usd/zar @ 13.32365
I'm just a sucker for pain