Get­ting set for a solid profit per­for­mance

Financial Mail - Investors Monthly - - Analysis -

The last time IM re­viewed enX Group was in 2015’s third quar­ter, when the in­dus­trial con­glom­er­ate had just added petro­chem­i­cal and power gen­er­a­tion as­sets to the op­er­at­ing base of what had been known as Aus­tro.

EnX’s market cap­i­tal­i­sa­tion at that time was just R1.2bn. At the time of writ­ing, that has more than dou­bled, thanks to the game-chang­ing ac­qui­si­tion of the old Eqs­tra group, which brought prof­itable in­dus­trial equip­ment and fleet man­age-

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