Browsing: Huge Group

Huge Group fails to publish results on time

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There is no link between the decision by Huge Group acting financial director Yvette Neveling to resign and its announcement just hours later that the company has failed to publish in 2011 financial results within the deadline prescribed by the JSE, says CEO

Vox Orion stares down rate-cut threat

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Vox Orion, Vox Telecom’s largest subsidiary, is making good progress in switching its customers onto its own telecommunications network as wholesale call termination rates begin

Just how healthy is Huge Group?

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Huge Group trumpeted in a press release on Thursday about how it has turned around its fortunes financially, reporting a profit in the six months to 31 August 2010. But a closer reading

Huge Group’s huge share price defies gravity

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In the past 12 months, AltX-listed Huge Group’s share price has defied gravity, soaring nearly 400%, making it one of the best performing shares on the JSE. At face value, though, the share’s sterling performance makes little sense.

Potgieter steps down as Huge chairman

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Anton Potgieter has handed over his position as chairman on Huge Group to Stephen Tredoux, a former MTN executive. Potgieter will remain as executive director and will stay on as MD of the group’s mobile

Huge Group grows, but uncertainty lingers

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AltX-listed Huge Group has posted a strong turnaround in its fortunes in the past six months, converting a R5,9m loss in the six months to 31 August 2009 into a profit for the full year to 28 February of R8,1m on revenues that fell from R608,5m to R573,5m. The group has done this, it says, by improving operational efficiencies and

Huge Group turns in a shocker

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Huge Group’s income statement has been splashed in red ink for the six months to 31 August 2009. The telecommunications…