FNB Namibia FY14 Trading Statement

FNB Namibia today released a trading statement in which the company gave guidance as to what we can expect from the FY14 financial year. Results are expected to be released on SENS on 4 September 2014 and in the press on 5 September 2014. Guidance is as follows:                                                                FNB Guidance             … Continue reading

Timing Tool says “BUY THE DIP!”

Heading into August, we had 12 JSE All Share companies reporting results, with Bloomberg having estimates for 9 of these companies. Five companies surprised positively, with the most notable being Anglo Platinum coming in 33.8% higher than consensus. Anglo American surprising by 12.4% and British American Tobacco coming in 2.4%… Continue reading

Earnings watch: AngloAmerican surprises to the upside

Anglo American announced results this morning, beating earnings per share estimates by 12.3 percent. The company is the largest company (by market cap) in the index to announce results so far this earnings season, and their positive results bode well for future releases. See these results and more at: https://ijg.net/research/regular-research/jseearningestimates/