Articles by 'Biznews'
Peregrine is a Sexy Rand Hedge Stock
Peregrine has declared its first interim dividend and holds the promise of more for shareholders. That’s the assessment by a team of analysts who work under the pseudonym of John Maynard. In this analysis, Peregrine is put under the microscope, with the conclusion that Peregrine is one of the most under-rated mid cap stocks. Although revenues and profits are lower than in the previous reporting period, there are signs that the investment specialist is set to improve its performance.Read More
The world’s most volatile currency is strengthening against the dollar for a fourth day, closing in on a 30-month high, amid optimism Cyril Ramaphosa’s election as the ruling-party chief will pave the way for policies promoting growth and investment. Yet, investors remain on the edge as they await Thursday’s interest-rate decision, February’s budget speech and a sovereign rating assessment by Moody’s Investors Service by the end of March.Read More