Omnia diversification means cyclicality is reduced

Loading player...

Independent analyst Carmen Mpelwane on Alexforbes results which saw Heps +12% despite tough operating conditions.
Omnia CEO Seelan Gobalsamy on yearend results: Revenue fell as commodity prices came down, but Heps remained flat, and cash generation remained very strong.
Zaf Mahomed, Oceana CFO, on results that saw Daybrook boom and the Lucky Star holding steady after a record previous period.

11 Jun 2024 12AM English South Africa Business News · Business

Other recent episodes

[TOP STORY] From trade wars to investment opportunities

Citadel’s Maarten Ackerman considers whether South Africa can position itself to benefit as a new global equilibrium emerges.

27 Aug 3AM 6 min

Strong markets boosting life insurer profits

Zimele Mbanjwa from FNB Wealth & Investments discusses the strong trading updates from Momentum and Old Mutual, what is driving their earnings growth, and whether there is still value in these shares. Andre van Deventer, CFO of Master Drilling, unpacks the company’s results and the reversal of last year’s equipment…

27 Aug 1AM 20 min

[TOP STORY] ADvTECH’s vision for education in Africa

CEO Geoff Whyte reports strong results on the back of rising student numbers and solid returns across Africa.

26 Aug 2AM 7 min

Risk on trade will rally markets into yearend

Herenya Capital Advisors’s Petri Redelinghuys on markets hitting new highs as Jerome Powell steps back from strict inflation targeting. ADvTech CEO Geoff Whyte reports strong results on the back of rising student numbers and solid returns across Africa. Italtile CEO Lance Foxcroft highlights another special dividend as the group grows…

26 Aug 1AM 23 min

[TOP STORY] Understanding D&O Insurance

Mongezi Mpahlwa of Cox Yeats breaks down Directors and Officers Insurance – what it is, why it matters, and what it doesn’t cover.

25 Aug 3AM 5 min

All episodes