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Trading update

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Chopchop
Contributor
Been waiting for this trading update... For a Rand hedge trading on PE of 11.5, HEPS from continuing operations up 25% not bad.
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12 REPLIES 12
Chopchop
Contributor
Not much growth in the second half though
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Nel
Occasional Contributor
I would say diluted HEPS at around R4,20. Would put SHF on a 12.7 PE.
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Regular Contributor
Now what? This share has been punter by all and subdry since it reahed highs of R59. We have had the massive drop by R7 for the ABB and now SHF misses earnings. Is this a perfect example of too much hype and good news around a share. Remember ABiL been punted at R7.
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Shadow_W
Occasional Contributor
And in what way is ABL remotely comparable to Steinhoff????
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Shadow_W
Occasional Contributor
And in what way is ABL remotely comparable to Steinhoff????
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Regular Contributor
Well ABL had Ellerines - SHF has JD Group, ABL was a darling of the market, SHF is the darling, Everyone punted ABL at R7 as a buy, Everyone punting SHF a but at R52/R53. Both missed earnings. Do you see the pattern?
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fakeseq
New Contributor
I don't really see the comparison. ABL is a bank that ventured into furniture. Steinhoff sells furniture and has JDG that sells furniture. If anything the fact that JDG is getting rid of their finance division is a return to its core operations. As for being a darling of the market and missing earnings, I could think of a whole list of companies who have missed earnings at one point or another.
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Not applicable
Sorry - everyone punted ABIL at R7? Really..Really really? You obviously lost money in our African Bank friend..
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Regular Contributor
Great Opportunity to buy more....
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Regular Contributor
Great Opportunity to buy more....
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Super Contributor
Answer to the Ultimate Question of Life, The Universe, and Everything =
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Super Contributor
SHF market cap R 130 billion. JD Group market cap R 3 billion. What in the whole wide world makes you think that JD Group can influence SHF ?
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