Technology group EOH, whose share price has come under significant selling pressure in the past month as investors worry about its ability to maintain its stellar growth record, rose by almost 2% in trading on Tuesday morning after telling shareholders it is on track to report significant growth
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
The Sunday Times Top 100 Companies list, announced on Tuesday evening, has ranked the top performing companies on the JSE over the past five years. Technology group EOH has
Fast-growing listed technology services company EOH has announced it has acquired Mehleketo Resourcing, which employs 350 people and has a turnover of R300m/year. The value of the acquisition
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
Despite the fact that it is now a large technology services company that employs 10 000 people, JSE-listed EOH continues to grow as if it’s still a young business. For the year ended 31 July 2015, it has reported a 29% improvement in headline earnings per share and hiked its dividend by
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
EOH has announced that it is acquiring an equity stake of between 49% and 80% (depending on the country) in pan-African IT applications and business solutions provider Twenty Third Century Systems and its subsidiaries. The value of the deal has
Technology group EOH has continued its upward momentum in the six months ended January 2015, with headline earnings per share rising by 26,4% on the back of a 39,4% increase in revenue to R4,6bn. Profit after tax increased by 37,7% to R340m, while cash shot
If you’d invested R40 000 in the shares of Durban-based technology company Adapt IT five years ago, you’d be a millionaire today. Adapt IT’s shares have risen by a spectacular 2 400% in the past five years, making it the best performing technology counter on the JSE
