Murray and Roberts was a R100+ share back in 2007 and now it trades below 100c, with the auditors stating that they’re not convinced the company is a going concern. I spoke with CEO Henry Laas and he detailed the plans to keep trading and ultimately return to profit.Super Group posted strong full-year results for what was undoubtedly a challenging year.
KAP also had a very tough year after a record previous period and I spoke with CEO Gary Chaplin about their results. Some stoppages resulted in reduced factory utilisation, but he commented that generally, they run their plants at 100%. If existing customers order less than usual, they simply find new customers, even if this does hurt margins a little.I spoke chatted with Harry Scherzer from Future Forex about new National Treasury rules for those earning foreign income.