Aveng soars on news of ‘advanced’ talks to sell Trident Steel

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

South Africa Headlines News

The group is in talks with a credible buyer, and a need to reclassify the business as continuing operation previously spooked investors

The group is negotiating with a credible buyer after a reclassification of the business as a continuing operation previously spooked investorsPicture: SUPPLIED

This required reclassification weighed on earnings for its half-year to end-December. The process saw R450m in assets transferred held for sale, and also resulted in the recognition of a prior period’s depreciation of R155m, partially offset by a reversal of already recognised impairments of R103m. Without going into detail, the Johannesburg-based group said the value of the transaction was expected to exceed that of Trident’s reported net asset value according to its 2022 interim results.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met Allison_Grillo and started Bitcoin trading, I earned R150,000 in 3 weeks thanks Allison_Grillo.

I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Allison_Grillo, and I gave Bitcoin trading another try, I successfully withdrew $35,000 after two weeks of trading, am so grateful Allison_Grillo thank you.

Few months back I had no way of taking care of my kids , had no job or money also struggling through the pandemic,so I decided to try Bitcoin trading with the help of Allison_Grillo I was able to earn $50,000 now am financially stable.

As a mother of two kids I have battled alot with my financial state to the point of begging from friends just to survive,until I started Bitcoin trading with the help of Allison_Grillo I made a successful withdrawal of R 200,000 with the help of Allison_Grillo.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Aveng in ‘advanced talks’ to sell Trident SteelThe group is in talks with a credible buyer, and a need to reclassify the business as continuing operation previously spooked investors I never believe in making money online before but since I started seeing different people testifying about Cynthia_Neliwe1 ,i was so interested in to investing with her because all friends who Invested have all received their profits successfully and so do I Cynthia_Neliwe1 Few months back I had no way of taking care of my kids , had no job or money also struggling through the pandemic,so I decided to try Bitcoin trading with the help of Allison_Grillo I was able to earn $50,000 now am financially stable.
Source: BDliveSA - 🏆 12. / 63 Read more »

Aveng in ‘advanced talks’ to sell Trident SteelThe group is in talks with a credible buyer, and a need to reclassify the business as continuing operation previously spooked investors
Source: BDliveSA - 🏆 12. / 63 Read more »

Aveng in ‘advanced talks’ to sell Trident SteelThe group is in talks with a credible buyer, and a need to reclassify the business as continuing operation previously spooked investors
Source: BDliveSA - 🏆 12. / 63 Read more »

Aveng in ‘advanced talks’ to sell Trident SteelThe group is in talks with a credible buyer, and a need to reclassify the business as continuing operation previously spooked investors I never believe in making money online before but since I started seeing different people testifying about Cynthia_Neliwe1 ,i was so interested in to investing with her because all friends who Invested have all received their profits successfully and so do I Cynthia_Neliwe1 Few months back I had no way of taking care of my kids , had no job or money also struggling through the pandemic,so I decided to try Bitcoin trading with the help of Allison_Grillo I was able to earn $50,000 now am financially stable.
Source: BDliveSA - 🏆 12. / 63 Read more »

Markets track Wall Street plunge on inflation woes, dollar ralliesMarkets tumbled in Asia to extend a global rout while the dollar soared. I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Allison_Grillo, and I gave Bitcoin trading another try, I successfully withdrew $35,000 after two weeks of trading, am so grateful Allison_Grillo thank you.
Source: eNCA - 🏆 49. / 51 Read more »

Three nabbed for armed robbery and possession of explosives | The CitizenThe suspects sold explosives to the value of R50 000 to undercover officers. I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Allison_Grillo, and I gave Bitcoin trading another try, I successfully withdrew $35,000 after two weeks of trading, am so grateful Allison_Grillo thank you.
Source: TheCitizen_News - 🏆 6. / 75 Read more »