Browsing: Datacentrix

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Alviva rises on solid earnings

Despite South Africa’s economic malaise, technology distribution and services group Alviva Holdings has increased headline earnings per share by 12% for the year ended 30 June 2018.

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Up to R1,3bn for new Pinnacle acquisitions

JSE-listed IT distribution group Pinnacle Holdings, which is in the process of changing its name to Alviva Holdings (share code from PNC to AVV), said it will consider acquisitions worth as much as R1,3bn. The acquisition talks follow a strong

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Pinnacle offers to buy, delist Datacentrix

Technology group Pinnacle Holdings has made an offer to buy out minority shareholders in Datacentrix and, if successful, plans to delist the IT services company from the JSE. Pinnacle told shareholders in a notice published on the JSE’s

In-depth
Best and worst performing tech shares in 2015

Huge Group, Adapt IT and Net1 UEPS Technologies top the list of the best performing technology shares on the JSE in 2015. In a difficult economic environment, the three counters have far outperformed the overall market, adding 95,2%, 58,5% and 55,5% respectively over the past 12 months

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Pinnacle in offer to buy out Datacentrix

Pinnacle Holdings has made a mandatory offer to buy the shares in IT services business Datacentrix that it doesn’t already own. The offer was triggered after Pinnacle acquired 20m Datacentrix

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IT shares caught up in market rout

IT and telecommunications shares took a pounding on Monday as a global stock market rout hammered the JSE. Big companies such as MTN and EOH were trading sharply lower as investors fled shares for safer assets

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Strong margin expansion at Datacentrix

A shift away from focusing mainly on products and onto more complex value-added IT services appears to be paying off for Datacentrix. JSE-listed technology group has lifted headline earnings per share year on year by 16% to 24,3c on the back of a 9% improvement in

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