EOH has a billion rand to burn

PUBLISHED: Tue, 16 Apr 2019 10:37:11 GMT


The embattled technology company EOH has managed to deliver a lacklustre set of results. Net Asset Value is at 4.5 billion rand, almost 4 times the market capitalisation of the business, but revenue and earnings per share have fallen significantly. Stephan van Coller has been in office since September 2018 and has been dogged by problem after problem at the IT company, including a volatile share price that has lost over 70 per cent in value since last year. The share price is up 10 percent on the release of their interim financial results. He spoke to CNBC Africa’s Kopano Gumbi for more….

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