Famous Brands Limited (FBR)
Famous brands released a trading statement for the six months ended 31 August 2017. They expect to report a decrease in HEPS of between 54% and 63% and a decrease in EPS of between 52% and 61%. Their net financing costs increased to R138 million compared to R8 million in the prior reporting period.
Sirius Real Estate Limited (SRE)
Sirius released a trading statement for the six months ended 30 September 2017. Their like for like annualised rental income increased by 2% and like for like average rate per square meter increased from EUR5.11 to EUR5.17.
Calgro M3 Holdings Limited (CGR)
Calgro released a trading update for the six months ended 31 August 2017. They expect their HEPS to decrease by 26.74% and EPS to decrease by 26.72%.
JSE Top 40 Moves
Brait SE (BAT)
Brait closed 3.21% higher yesterday on the back of a weaker Rand and upgrades from investments houses. The share could encounter some resistance at the 50-day moving average – R57.65, followed by horizontal resistance at R58.75. Should the share move lower, support could be found at R51.52.