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
Browsing: 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
An investment in Adapt IT over the past three years or, even better, over five years would have paid off handsomely. The IT counter has proved to be by far the best performer among technology and
Datacentrix has increased headline earnings per share by 14%, to 27,7c, in the six months ended 31 August 2015. The improvement comes on the back of an 11,3% improvement in revenue to R1,2bn
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
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
Long-serving Datacentrix director Gary Morolo is stepping down as chairman and board member of the JSE-listed technology services company “with immediate effect”. Morolo, who joined Datacentrix 15 years ago and who served as its CEO, is leaving following news at the end of last month that the
The Competition Tribunal has approved what it’s described as a hostile bid by JSE-listed technology group Pinnacle to acquire a controlling interest in another listed technology company, Datacentrix, subject to conditions recommended by the Competition Commission. Pinnacle has
JSE-listed technology solutions company Datacentrix has lifted revenue by 9% to R1,9bn in its financial year ended February 2013, but sharp downward pressure on margins led to a 16% decline in headline earnings per share. “The past few years, though profitable, have been