GET TO KNOW YOUR OFFSHORE COMPANIES
Heineken NV (ASX:HEIN)
Heineken recently released their results for the half year ended 30 July 2018. Their organic net revenue increased by 5.6%, consolidated beer volume increased by 4.5%, diluted EPS increased by 3.8% and they declared an interim dividend of EUR 0.59 per share which is an increase of 9.3% compared to the comparative period in the prior year.
Click here to download our equity report on the Company.
Tiger Brands Limited (TBS)
Tiger Brands released a trading statement for the year ended 30 September 2018. Headline earnings from total operations is expected to be between 22% and 37% lower than the 1915 cents reported for the comparative period.
Grindrod Limited (GND)
Grindrod released a trading statement for the six months ending 30 June 2018. As a consequence of the shipping spin-off, headline earnings are anticipated to be between 5.2 cents and 2.5 cents per share which is an improvement in excess of 100% to the loss of 17.2 cents per share in the prior comparative period.
RCL Foods Limited (RCL)
RCL Foods released a trading statement for the year ended June 2018. Headline earnings per share will be between 90 cents and 100 cents per share compared to the reported HEPS of 63.5 cents for the year ended June 2017.
Metair Investments Limited (MTA)
Metair released their interim results for the six months ended 30 June 2018. Headline earnings per share increased 16% to 132 cents per share compared to the previous comparative period.
- ZAR/USD : 14.68
- ZAR/GBP : 18.67
- ZAR/EUR : 16.70
Top 40 Moves
Reinet Investments SCA (RNI)
Reinet’s share price crossed above its 200-day moving average earlier this week and is now trading in extreme overbought territory. Yesterday its share price increased by 1.63% to close the day at R260.62. If this momentum continues it could test resistance at R275.01. Should we see a reversal in the share price it could test support at R237.90.
Please click here for our contact details