SI­MON SAYS

Finweek English Edition - - INVESTMENT -

its as­sets and is just a cash shell with R20m in the bank and a mar­ket cap of al­most R60m. It’s only got un­til 15 Fe­bru­ary 2014 to in­ject as­sets into the com­pany or be sus­pended by the JSE. Note here that while NAV and TNAV are great in­di­ca­tors, they can change and move lower, mak­ing what seems like great value a nasty trap.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.