Adapt IT is a JSE small cap operating in the IT industry. The company is worth around R390m which is unremarkable. The remarkable news is that it was worth only R160m at the end of September. This is the thing with smaller companies on the JSE: they trade sideways for extended periods and experience significant jumps or drops based on …
View PostAdapt IT is a JSE small cap operating in the IT industry. The company is worth around R390m which is unremarkable. The remarkable news is that it was worth only R160m at the end of September. This is the thing with smaller companies on the JSE: they trade sideways for extended periods and experience significant jumps or drops based on …
View PostAdcorp has shed 90% of its market value in the past 5 years. The recruitment and training company suffered an ailment that has plagued many industry consolidators: an incoherent strategy combined with an unsustainable balance sheet. There was a time on the JSE when people believed that if you buy five companies on a P/E (Price / Earnings ratio) of …
View PostAdcorp has shed 90% of its market value in the past 5 years. The recruitment and training company suffered an ailment that has plagued many industry consolidators: an incoherent strategy combined with an unsustainable balance sheet. There was a time on the JSE when people believed that if you buy five companies on a P/E (Price / Earnings ratio) of …
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