SBG - Trading Statement and Market Reaction

[ABuzz]

What do you forumites think of the latest trading statement. Market seemed to like it and took the share up 11 cents yesterday and another 4 this morning. Not much volume though, so the institutional guys are probably just holding what they've got and not stocking up.

[topgun]

Slightly below expectations, but good nevertheless. I'll wait for the results to gauge prospects before deciding on any action, if necessary. The share is still in a strong uptrend and with a liquid balance sheet, we can expect acquisitions and a divi maybe? ICT fundamentals sound and with BEE credentials, SBG is well positioned for further growth this year. On a relative PE basis, it still offers value.