Morning Note – 14 November 2017

SENS Summary

Life Healthcare Group Holdings Limited (LHC)
LHC released a trading statement for the year ended 30 September 2017. They expect to report an increase in revenue of between 22% and 30%, an increase in normalised EBITDA of between 13% and 21%, a decrease in EPS of between 52% and 60% as well as a decrease in HEPS of between 52% and 60%.
 
Datatec Limited (DTC)
Datatec released their interim results for the six months ended 31 August 2017. Their revenue decreased by 7%, EBITDA decreased by 68.4%, EPS decreased by 88.8% and they declared no interim dividend.
 

Current Forex

  • ZAR/USD : 14.49
  • ZAR/GBP : 19.02
  • ZAR/EUR : 16.92
     

    JSE Top 40 Moves


    Woolworths Holdings Ltd (WHL)

    Woolies gained 0.96% yesterday to close at R55.83. A key support level will be the low it made on Monday of R54.75.The stochastic is trading at extreme oversold levels. Should the bulls take the share higher from current levels the 50-day moving average at R58.67 could act as a resistance level.


     
    Contact us:

    Schalk Louw

    Portfolio Manager

    Tel: +27 21 202 2715

    Schalk.Louw@psg.co.za

     

    Kobus Viljoen

    Investment Analyst

    Tel: +27 21 204 4074

    Kobus.Viljoen@psg.co.za

    Pieter-Jan van Niekerk

    Equity Analyst & Trader

    Tel: +27 21 202 2714

    PJ.vanniekerk@psg.co.za

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