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Gijima going bye bye

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platsak
Super Contributor
Is this the end? Following faritec?
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8 REPLIES 8
Not applicable
Yip looks very much like it, frt will be gone by end of April they reckon, if not sooner.....doomsday.....
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asylum
Super Contributor
dont gijima run all of mittals IT dept on contract or am i thinking of another company?
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Marno_1
Regular Contributor
Asylum you are correct. GIJ is not only running IT for huge companies like BHP but also for ABSA. I cannot see that GIJ will disappear from the map. GIJ 6 month results should be out next week Wednesday.
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Not applicable
Even Faritec, I struggle to see how a company with a R900m expected turnover can't turn itself around. I mean IT services companies are not capital intensive, so they should be able to cut costs. I picked up some Faritec at 11c - in retrospect 7c would have been nicer, but that is the risk of pennystock trading!
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CrownA
Super Contributor
IT Still needs skills, and by that I mean not a piece of paper. Experience and SKILL. And all the Whities are leaving!
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Plonky
Super Contributor
oooh.... that might get some fun going... wait the response now !!!
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Som2
Contributor
Is Gijima and Faritec getting privatised or are they closing down the companies?
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bulletjie_1
Frequent Contributor
rumour has it that faritec is vrot on the inside...
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