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Steinhoff's Q1 revenue falls, scandal hits working capital
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 The Sharenet Daily 
Wednesday, 28 February 2018 - 20:00
 
Charts
News
Top News
Markets
SA Business
Company News
Company Results
World Markets (Spot Prices)
JSE Today
JSE Trading Statistics
Major Moves
Index Summary
Latest Consensus Changes / Results Expected
Recent Dividends / Ex Div
Upcoming AGMs
Stock Exchange News Service (SENS)


Charts
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Todays Sharenet VIEWS
Dwaine van Vuuren
Foreign purchases of SA equity and Bonds signals new bull market  Full story

Ricki Allardice
Yesterday saw Bitcoin bounce strongly off the $9300 level.  Full story

Ian Stiglingh
SA markets gained yesterday following a well received cabinet reshuffle.  Full story

Stephan Maritz
Steinhoff's first quarter results should be published today  Full story

Top News
South Africa's Steinhoff International, which has been embroiled in an accounting irregularities, said on Wednesday its first quarter retail revenue had fallen and its working capital "had dried up" since the scandal broke.  Full story

S&P Global Ratings downgraded the credit rating for South Africa's state-run power utility Eskom to CCC+ from B- on Wednesday, citing liquidity concerns and insufficient government support that could trigger a default.  Full story
 
SA Business
South Africa's much bigger-than-expected trade deficit in January wiped out 12 consecutive months of surpluses, as exports of major commodities. . .  Full story
South Africa's state-run power utility Eskom said on Wednesday it has signed a 20 billion rand ($2 billion) short-term credit facility. . .  Full story
South Africa's new mining minister Gwede Mantashe said on Wednesday he will finalise the latest version of an industry charter which. . .  Full story
South Africa's producer price inflation (PPI) slowed to 5.1 percent year-on-year in January compared with 5.2 percent in December, the statistics. . .  Full story

Property investment company Tradehold has abandoned listing plans for its Namibian business, it said on Wednesday.. . .  Full story
South African engineering and construction group Murray & Roberts said interim profits more than doubled on higher earnings from its underground. . .  Full story
South Africa's state-run power utility Eskom said on Wednesday it had taken action to turn the company around after S&P Global. . .  Full story
Zimbabwe has the potential to supply 20 percent of the world's lithium, the mines minister from Africa's top producer of the. . .  Full story
Company News
In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, shareholders are hereby informed that Messrs Obakeng Phetwe and Peter. . .  Full story
Shareholders are advised that a summarised report for the financial year ended 30 November 2017, which includes HudacoÆs abridged financial results,. . .  Full story
Shareholders are advised that in accordance with the JSE Listings Requirements HudacoÆs Annual Compliance Report, in terms of section 13g(2) of. . .  Full story
Shareholders are hereby advised that Afrimat has, via its subsidiary company, granted a mandate for the repurchase of its ordinary shares. . .  Full story

Shareholders are referred to the announcement released by Sappi on the Stock Exchange News Service of the JSE on 05 December 2017 regarding the acquisition of the speciality paper business of Cham Paper Group Holding AG (ôCPGö). The board of directors of Sappi wish to advise shareholders that all conditions precedent relating to the acquisition have now been fulfilled with the closing completed on 28 February 2018.. . .  Full story
Company Results
Gross revenue for the interim period decreased to R1.002 billion (2016: R1.037 billion), operating profit jumped to R549.8 million (2016: R171.5. . .  Full story
Revenue for the year went down 1% to R18.482 billion (R18.596 billion) whilst profit from operations rose 18% to R1.579 billion. . .  Full story
Aveng reported a headline loss of R335 million (December 2016: R391 million) and a net loss of R346 million (December 2016:. . .  Full story
Revenue for the interim period increased 17.3% to R18.1 billion (2016: R15.4 billion), operating profit soared by 67.6% to R484.7 million. . .  Full story
World Markets (Spot Prices)
NameTimeRPMove% Move
JSE All Share17:0058325.09-702.13-1.19%
JSE Top 4017:0051383.45-650.06-1.25%
JSE Resource 1017:0035752.46-345.96-0.96%
JSE Industrial 2517:0076389.41-994.91-1.29%
JSE Financial 1517:0018352.19-279.59-1.50%
JSE SAPI17:00562.35-11.60-2.02%
JSE Gold17:001068.95-14.91-1.38%
USD / ZAR19:5911.78640.07160.61%
GBP / ZAR19:5916.2463-0.0211-0.13%
EUR / ZAR19:5914.38890.05830.41%
NZD / ZAR19:598.50160.02740.32%
AUD / ZAR19:599.17950.05570.61%
USD / JPY19:59106.7320-0.6200-0.58%
EUR / USD19:591.2209-0.0025-0.20%
GBP / USD19:591.3785-0.0122-0.88%
BTC / USD19:5910440.09-145.04-1.37%
BCH / USD19:591212.64-20.48-1.66%
BTC / ZAR19:59126242.00-760.00-0.60%
ETH / USD19:59866.90-4.40-0.51%
NameTimeRPMove% Move
LTC / USD19:59207.43-7.54-3.51%
DJ Futures19:5825407.00-22.00-0.09%
DJ Ind19:5425417.217.180.03%
SP 50019:312743.23-1.05-0.04%
Nasdaq19:587363.5833.230.45%
FTSE 10019:107231.91-50.54-0.69%
DAX19:1012435.85-54.88-0.44%
CAC4019:105320.49-23.44-0.44%
Nikkei08:3022068.24-321.62-1.44%
Shanghai09:283259.41-32.66-0.99%
Hang-Seng10:3030844.72-423.94-1.36%
ASX All04:576130.20-29.10-0.47%
Gold $19:591319.20.820.06%
Gold R19:5815547.27103.660.67%
Gold R/Kg19:5649980232900.66%
Brent Crude19:4865.83-0.77-1.16%
Silver $19:5916.45200.06200.38%
Platinum $19:59984.814.210.43%
Palladium $19:591045.646.140.59%
R18617:448.14-0.25-2.92%
R20417:446.580.091.39%
R20717:446.73-0.30-4.20%

Click here for the Sharenet Spot Price page
The JSE Today

Trading Statistics
DateAdv.Decl.Unch.ActivesVolumeValueTradesOrders
28/02/201813922857424378,650,599R27,167,142,1413042292308820
27/02/201821317454441310,754,228R21,900,717,1052736542427594
26/02/201822115155427282,566,966R19,318,169,6522642542229761
23/02/201819815138387352,450,476R22,527,715,9412764952079202
22/02/201812021659395319,828,100R23,192,121,2943017872696173
* Includes all listed instruments on the JSE
Major Moves Up
SharenameSaleMove% MoveVolume
1 TRUSTCO  9009211.39.%168861
2 BALWIN  564499.51.%745414
3 FINBOND  325258.33.%171840
4 BLACKSTAR  590407.27.%15008
5 MONTAUK  54003126.13.%28721
6 THARISA  20451155.96.%17024
7 ASSORE  3677819285.53.%169504
8 PHUMELELA  1499745.19.%7792
9 ANCHOR  376174.74.%748383
10 AFRO-C  575254.55.%42577
11 TRADEH  1600674.37.%254820
12 TEX  610254.27.%793509
13 CSG  12354.24.%750757
14 ACCELERAT  570213.83.%222047
15 BRAIT  44851633.77.%3756688
16 NVEST  19773.68.%695000
17 MASTDRILL  1449503.57.%3936
18 ROLFES  346113.28.%1313800
19 ONELOGIX  413133.25.%11820
20 SYGPROP40  3060963.24.%463

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Major Moves Down
SharenameSaleMove% MoveVolume
1 EMEDIA  321-64-16.62.%120
2 STEFSTOCK  182-28-13.33.%473854
3 EXG  705-94-11.76.%61076
4 SA-CORP  468-62-11.70.%23778944
5 EXXARO  13242-1493-10.13.%3225196
6 E-MEDIA-N  300-25-7.69.%77300
7 RESILIENT  6636-523-7.31.%1946466
8 TORRE  102-8-7.27.%191089
9 SANDOWNCP  309-23-6.93.%207987
10 AVENG  150-11-6.83.%1303054
11 SANTOVA  280-20-6.67.%160655
12 CAT  1100-70-5.98.%52550
13 ASTRAL  28500-1699-5.63.%291343
14 AEEI  680-40-5.56.%31914
15 NIVEUS  950-50-5.00.%8931
16 NEPIROCK  11923-627-5.00.%1887037
17 KAAPAGRI  4537-213-4.48.%43224
18 ARCINVEST  570-25-4.20.%440555
19 HULAMIN  460-20-4.17.%173021
20 ALVIVA  1823-77-4.05.%101423

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New Highs
SharenameSaleHighMove% MoveVolume
1 OLDMUTUAL  4188420130.07.%14373500
2 ALPHAMIN  325325325.46000
3 ASTRAL  2850030399-1699-5.63.%291343

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New Lows
SharenameSaleLowMove% MoveVolume
1 STEFSTOCK  182170-28-13.33.%473854
2 E-MEDIA-N  300300-25-7.69.%77300
3 KAAPAGRI  45374330-213-4.48.%43224
4 ARCINVEST  570549-25-4.20.%440555
5 HULAMIN  460450-20-4.17.%173021
6 ANGGOLD  1081810720-283-2.55.%1894271
7 HAMMERSON  73177239-107-1.44.%1264705
8 ARCMITTAL  3002910.269649
9 SILVERB  1301050.3548
10 PAN-AF  11210510.90.%2658704

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Index Summary
Index NameRPMove% Move
Top 4051,383.45-650.06-1.25%
Industrial84,684.18-1030.83-1.20%
Mid Cap79,685.90-1007.11-1.25%
Small Cap60,846.28146.040.24%
Resource 2035,752.46-345.96-0.96%
Industrial 2576,389.41-994.91-1.29%
Financial 1518,352.19-279.59-1.50%
Financial & Ind. 3082,201.31-1072.75-1.29%
All Share58,325.09-702.13-1.19%
Oil & Gas 7,195.69.000.00%
Mining 27,062.49-500.86-1.82%
Gold Mining1,068.95-14.91-1.38%
Platinum Mining18.09-.07-0.39%
GENERAL MINING8,556.24-172.49-1.98%
Oil & Gas Producers 38,689.88.000.00%
Basic Materials 25,450.52-231.10-0.90%
Chemicals 21,576.22546.662.60%
Forestry & Paper 54,683.90-84.37-0.15%
Industrial Metals 17,801.53-365.82-2.01%
Industrials 55,632.95-479.15-0.85%
General Industrials 211.15-3.19-1.49%
Consumer Goods 63,161.70-330.39-0.52%
Automobiles & Parts 5,398.47-36.23-0.67%
Household Goods39.8000.33%
Health Care 6,982.41-122.14-1.72%
Beverages 226.712.541.13%
Index NameRPMove% Move
Food Producers 10,657.50-65.92-0.61%
Personal Goods 1,046.40-.30-0.03%
Consumer Services 24,935.62-344.84-1.36%
General Retailers 8,647.02-216.75-2.45%
Travel & Leisure 5,504.22-37.56-0.68%
Media 711.31-8.92-1.24%
Support Services 2,106.12-12.22-0.58%
Telecommunications 7,075.12-154.32-2.13%
Financials 47,196.26-663.38-1.39%
Banks 10,366.00-212.41-2.01%
Non-life Insurance 81,145.271125.991.41%
Life Insurance 46,575.85-326.39-0.70%
General Financial 3,997.414.390.11%
Technology 36,425.75-13.02-0.04%
SHARIAH TOP40 2,943.32-39-1.32%
FTSE/JSE SHARIAH ALL3,397.90-40-1.17%
COAL MINING18,298.74-329-1.77%
FTSE JSE Fledgling 7,476.75-26-0.35%
FTSE/JSE TOP 40 USD4,679.36118233.80%
FTSE/JSE Alt X 1,091.5880.74%
SA LISTED PROPERTY 562.35-11.60-2.02%
CAPPED PROPERTY 449.94-2.13%
RESOURCE 20,306.92-184-0.90%
DIVIDEND PLUS263.20-5-1.92%
FTSE/JSE RAFI 4011,163.09-132-1.17%
Capped Top 4026,726.85-345-1.28%
Capped All Share29,286.24-351-1.18%
JSE TABACO 9,031.02-204-2.21%

Click here for the Sharenet Index Summary page
Latest Consensus Changes**
CodeCompany NameStatusUpdated
MNDMONDI LIMITEDBUY26/02/2018
BVTTHE BIDVEST GROUP LIMITEDHOLD26/02/2018
S32SOUTH32 LIMITEDHOLD26/02/2018
ARIAFRICAN RAINBOW MINERALSHOLD26/02/2018
AGLANGLO AMERICAN PLCHOLD26/02/2018
Results Expected**
ExpectedCompany NameFin. Date
01/03/2018AB INBEVDecember 2017 (Final)
01/03/2018AB INBEV_December 2017 (Final)
01/03/2018ABSABANK-PDecember 2017 (Final)
01/03/2018ASCENDISDecember 2017 (Interim)
01/03/2018B-AFRICADecember 2017 (Final)

Recent Dividends**
Share NameDec-DateLDTPay-DateAmount
WBHO27/02/1817/04/1823/04/18ZAR 1.5000
GRINDROD PREF27/02/1813/03/1819/03/18ZAR 4.5600
SA CORP27/02/1826/03/1803/04/18ZAR 0.2254
AECI27/02/1803/04/1809/04/18ZAR 3.4000
HULAMIN26/02/1819/03/1826/03/18ZAR 0.1500
Ex Div**
Share NameDec-DateLDTPay-DateAmount
EXXARO13/02/1827/02/1805/03/18ZAR 12.5500
HUDACO02/02/1827/02/1805/03/18ZAR 3.8000
RESILIENT26/01/1827/02/1805/03/18ZAR 3.0646
TOWER13/02/1827/02/1805/03/18ZAR 0.4070
HERIOT07/02/1827/02/1805/03/18ZAR 0.3509

Upcoming AGMs**
CodeCompany NameDateStatus
RFGRhodes Food Group Holdings Ltd.01/03/2018Confirmed

Stock Exchange News Service
DateTimeHeadline
28/02/201817:34TUHF LIMITED - Availability of Annual Financial Statements of the Guarantor for ...
28/02/201817:33JSE LIMITED - Index Change Advice - 20180319 March 2018 Quarterly Review ICA
28/02/201817:30STEINHOFF INTERNATIONAL HOLDINGS N.V. - Trading Update For The Quarter Ended 31 ...
28/02/201817:15RH BOPHELO LIMITED - Extension to the fulfilment date for conditions precedent t...
28/02/201817:00TRADEHOLD LIMITED - Update on Restructure of Tradeholds Non-Property Businesses ...
28/02/201816:47STEFANUTTI STOCKS HOLDINGS LIMITED - Change in the nature of a Directors Interes...
28/02/201816:46ANGLOGOLD ASHANTI LIMITED - Dealing in securities by an Executive Director of An...
28/02/201816:45ESKOM HOLDINGS SOC LIMITED - Standard and Poors Global Ratings downgrades Eskoms...
28/02/201816:30REBOSIS PROPERTY FUND LIMITED - No change statement and notice of meeting
28/02/201816:30THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Ann...
28/02/201816:20THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Ann...
28/02/201816:20ESKOM HOLDINGS SOC LIMITED - Eskom signs a R20 billion credit facility with seve...
28/02/201816:18BOWLER METCALF LIMITED - Update on Dividend Declaration Dates
28/02/201816:124SIGHT HOLDINGS LIMITED - Fairness Opinion on the Acquisition of Foursight Holdi...
28/02/201816:00MIX TELEMATICS LIMITED - MiX Telematics to present at the Raymond James 39th ann...
28/02/201816:00INVESTEC LIMITED - Transaction by a PDMR in Investec Limited Ordinary Shares
28/02/201815:30MURRAY & ROBERTS HOLDINGS LIMITED - Reviewed Interim Results for the six months ...
28/02/201815:20GOLD BRANDS INVESTMENTS LIMITED - Resignation of Corporate and Designated Advise...
28/02/201815:05ROYAL BAFOKENG PLATINUM LIMITED - Notice to Bondholders Regarding the Changes to...
28/02/201815:00WILDERNESS HOLDINGS LIMITED - Closed Period Announcement
28/02/201814:47LIFE HEALTHCARE GROUP HOLDINGS LIMITED - Changes to board committees
28/02/201814:44SABVEST LIMITED - Further trading statement
28/02/201814:38NVEST FINANCIAL HOLDINGS LIMITED - Dealing in Securities by Directors of the Com...
28/02/201814:25OLD MUTUAL PLC - Form 8.3 - Public Opening Position Disclosure Melrose Industri...
28/02/201814:20OLD MUTUAL PLC - Form 8.3 - Public Opening Position Disclosure Ladbrokes Coral ...
28/02/201814:15OLD MUTUAL PLC - Form 8.3 - Public Opening Position Disclosure GVC Holdings Plc
28/02/201814:10THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Ann...
28/02/201814:10OLD MUTUAL PLC - Form 8.3 - Public Opening Position Disclosure GKN plc
28/02/201814:00CONSOLIDATED INFRASTRUCTURE GROUP LIMITED - Consolidated Infrastructure Group Li...
28/02/201814:00CONSOLIDATED INFRASTRUCTURE GROUP LIMITED - Consolidated Infrastructure Group Li...
28/02/201813:40General SENS Submitter Company - Investec Bank Limited - Rebate Notice - BTIIHH ...
28/02/201813:31ROYAL BAFOKENG PLATINUM LIMITED - Changes to the Board of Directors of Royal Baf...
28/02/201813:17HAMMERSON PLC - Public Dealing Disclosure
28/02/201813:15HAMMERSON PLC - Notification of Transactions of Director
28/02/201813:10REDEFINE PROPERTIES LIMITED - Dealings in securities by an associate of a direct...
28/02/201813:04THE STANDARD BANK OF SOUTH AFRICA LIMITED - Financial Instrument Partial De-list...
28/02/201813:00INVESTEC LIMITED - Investec plc Voting Rights and Capital
28/02/201812:52HUDACO INDUSTRIES LIMITED - Posting of summarised report, no change announcement...
28/02/201812:46HUDACO INDUSTRIES LIMITED - Dealing in securities by director
28/02/201812:45HUDACO INDUSTRIES LIMITED - Annual compliance report : Broad-based Black Economi...
28/02/201812:05TOYOTA FIN SERVICES (SA) LIMITED - TFS123, TFS144 and TFS145 - Interest Payment ...
28/02/201812:04THE STANDARD BANK OF SOUTH AFRICA LIMITED - Delisting of Financial Instrument An...
28/02/201812:00AVI LIMITED - Resignation Of Non-Executive Director
28/02/201812:00MAS REAL ESTATE INC - Availability of investor presentation
28/02/201812:00ROLFES HOLDINGS LIMITED - Notification in terms of section 122(3) of the Compani...
28/02/201811:50THE STANDARD BANK OF SOUTH AFRICA LIMITED - Delisting of Financial Instrument An...
28/02/201811:48ELB GROUP LIMITED - Dealing by the ELB Share Incentive Trust
28/02/201811:42THE STANDARD BANK OF SOUTH AFRICA LIMITED - Delisting of Financial Instrument An...
28/02/201811:37HULAMIN LIMITED - Audit opinion in respect of the year ended 31 December 2017
28/02/201810:54CORESHARES INDEX TRACKER MANAGERS (RF) PROPRIETARY LIMITED - Listing of 50 000 a...
28/02/201810:50CORESHARES INDEX TRACKER MANAGERS (RF) PROPRIETARY LIMITED - Listing of 100 000 ...
28/02/201810:30CHOPPIES ENTERPRISES LIMITED - Results of Extraordinary General Meeting
28/02/201810:20BID CORPORATION LIMITED - Disclosure Of Significant Holding Of Bidcorp Ordinary ...
28/02/201810:07BALWIN PROPERTIES LIMITED - Trading Statement for the year ending 28 February 20...
28/02/201810:00GOLD BRANDS INVESTMENTS LIMITED - Gold Brands to launch Las Iguanas in South Afr...
28/02/201810:00VERIMARK HOLDINGS LIMITED - Appointment of alternate director and Chief Operatin...
28/02/201809:30ROLFES HOLDINGS LIMITED - Notification of dealings by an associate of a director
28/02/201809:15ARB HOLDINGS LIMITED - Directors dealings in securities
28/02/201809:15TONGAAT HULETT LIMITED - Acquisition of securities by Public Investment Corporat...
28/02/201809:07ERIN ENERGY CORPORATION - Erin Energy has entered into a Convertible Subordinate...
28/02/201809:00Afrimat Limited - Closed Period Share Repurchase Programme
28/02/201809:00CAPITAL & COUNTIES PROPERTIES PLC - Contracts Exchanged on 49 Apartments at Lill...
28/02/201809:00GOLD BRANDS INVESTMENTS LIMITED - Resignation and Appointment of Company Secreta...
28/02/201809:00GROWTHPOINT PROPERTIES LIMITED - Condensed unaudited results for the six months ...
28/02/201808:55ADCOCK INGRAM HOLDINGS LIMITED - Dealings in securities by the Adcock Ingram Emp...
28/02/201808:50PSG FINANCIAL SERVICES LIMITED - Declaration Of Preference Share Dividend
28/02/201808:30THE STANDARD BANK OF SOUTH AFRICA LIMITED - SCIB: The Standard Bank Of South Afr...
28/02/201808:30SOUTH32 LIMITED - Daily Share Buy-Back Notice
28/02/201808:15EMIRA PROPERTY FUND LIMITED - EPFC33 and EPFC34 - Interest Payment Notification
28/02/201808:00SYGNIA ITRIX (RF) PROPRIETARY LIMITED - Listing of Additional Securities-SYGJP
28/02/201808:00SATRIX COLLECTIVE INVESTMENT SCHEME - Listing of Additional Securities-STX40
28/02/201808:00SYGNIA ITRIX (RF) PROPRIETARY LIMITED - Redemption of Securities-SYGUS
28/02/201808:00SATRIX COLLECTIVE INVESTMENT SCHEME - Listing of Additional Securities-STXSWX
28/02/201808:00NEWGOLD ISSUER (RF) LIMITED - GLD/NGNGLD: Partial De-Listing Of NEWGOLD Debentur...
28/02/201808:00AFRICAN BANK LIMITED - Release of the Quarterly Basel III Pillar 3 Report, as at...
28/02/201808:00SATRIX COLLECTIVE INVESTMENT SCHEME - Listing of additional Securities-STXPRO
28/02/201808:00SAPPI LIMITED - Acquisition of speciality paper business of Cham Paper Group Hol...
28/02/201807:55DRDGOLD LIMITED - Dealing in securities by a director
28/02/201807:30WOOLWORTHS HOLDINGS LIMITED - Notification in terms of section 122(3) of the Com...
28/02/201807:30KIBO MINING PLC - Press Speculation
28/02/201807:30HOSKEN CONSOLIDATED INVESTMENTS LIMITED - Acquisition of HCI shares by directors
28/02/201807:05BRITISH AMERICAN TOBACCO PLC - Publication of Supplementary Prospectus
28/02/201807:05BOWLER METCALF LIMITED - Condensed unaudited consolidated results for the six mo...
28/02/201807:05BRITISH AMERICAN TOBACCO PLC - Notification and public disclosure of transaction...
28/02/201807:05CAPITEC BANK HOLDINGS LIMITED - Declaration Of A Dividend Of 423.56 Cents Per No...

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