{"id":2862,"date":"2014-10-21T10:12:48","date_gmt":"2014-10-21T08:12:48","guid":{"rendered":"http:\/\/www.ijg-research.net\/?p=2862"},"modified":"2014-10-21T10:12:48","modified_gmt":"2014-10-21T08:12:48","slug":"afrimat-expects-heps-growth-of-20-30","status":"publish","type":"post","link":"https:\/\/ijg.net\/research\/afrimat-expects-heps-growth-of-20-30\/","title":{"rendered":"Afrimat expects HEPS growth of 20-30%"},"content":{"rendered":"<p>Afrimat released a trading update this morning, expecting basic and headline earnings per share for the 6 months to be up between 20% and 30%. The performance was on the back of strong performances from both \u201cMining &amp; Aggregates\u201d and \u201cConcrete Based Products\u201d. \u00a0Concrete Based Products was\u00a0however negatively impacted by a strike at the Gauteng operation that impacted costs.<\/p>\n<p>Annualizing the guidance range of 59cps to 64cps suggests full year EPS of 118cps to 128cps, which is higher than the current Bloomberg consensus of\u00a0110cps. The guidance range also prices the company at a PE of 14.0x to 12.9x.<\/p>\n<p>Results are due 6 November 2014.<\/p>\n<p>Afrimat is one of our preferred small cap exposures, ranking high on the momentum factor model.<\/p>\n<p><a href=\"http:\/\/www.ijg-research.net\/wp-content\/uploads\/Afrimat.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-2863\" src=\"http:\/\/www.ijg-research.net\/wp-content\/uploads\/Afrimat.png\" alt=\"Afrimat\" width=\"707\" height=\"354\" srcset=\"https:\/\/ijg.net\/research\/wp-content\/uploads\/Afrimat.png 1280w, https:\/\/ijg.net\/research\/wp-content\/uploads\/Afrimat-300x150.png 300w, https:\/\/ijg.net\/research\/wp-content\/uploads\/Afrimat-1024x512.png 1024w, https:\/\/ijg.net\/research\/wp-content\/uploads\/Afrimat-250x125.png 250w, https:\/\/ijg.net\/research\/wp-content\/uploads\/Afrimat-150x75.png 150w\" sizes=\"auto, (max-width: 707px) 100vw, 707px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Afrimat released a trading update this morning, expecting basic and headline earnings per share for the 6 months to be up between 20% and 30%. The performance was on the back of strong performances from both \u201cMining &amp; Aggregates\u201d and \u201cConcrete Based Products\u201d. \u00a0Concrete Based Products was\u00a0however negatively impacted by \u2026 <a class=\"continue-reading-link\" href=\"https:\/\/ijg.net\/research\/afrimat-expects-heps-growth-of-20-30\/\"> Continue reading <span class=\"meta-nav\">&rarr; <\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-2862","post","type-post","status-publish","format-standard","hentry","category-teamcommentary"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/posts\/2862","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/comments?post=2862"}],"version-history":[{"count":1,"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/posts\/2862\/revisions"}],"predecessor-version":[{"id":2864,"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/posts\/2862\/revisions\/2864"}],"wp:attachment":[{"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/media?parent=2862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/categories?post=2862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/tags?post=2862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}