Tag: opportune investments

Why this shareholder activist believes Tongaat can recover

South African sugar producer, Tongaat Hulett, released its financial results for the year ended March 2019 and says its net asset value falls to a negative R2.9 billion from a value of R62 million a year earlier mainly due to accounting fraud within the company. Joining CNBC Africa for more is Chris Logan, the CEO of Opportune Investments.

Why Nampak is a recovery stock

South African sugar producer, Tongaat Hulett, released its financial results for the year ended March 2019 and says its net asset value falls to a negative R2.9 billion from a value of R62 million a year earlier mainly due to accounting fraud within the company. Joining CNBC Africa for more is Chris Logan, the CEO of Opportune Investments.
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