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Curro; Metair results, Level 2 stock opportunities and an update on how restaurants are faring

FNB’s Chantal Marx talks markets, Grace Harding, Ocean Basket CEO, explains why its still far from business as usual for restaurants despite the lifting of the alcohol ban and Keith McLachlan looks at which companies are likely to rebound under Level 2.

By Simon Brown 20 Aug 2020 07:08

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CURRO once again proves to be a bad investment. The constant rights issues over time dissipating the share value, and the excuse they give for not giving back to the shareholders even a minimal amount in dividends to show good faith for their future. We now have another rights issue in the very near future which if taken up will help the shareholders again loose money by loosing value in their investment. If they are honest, CURRO would cut the salaries of its CEO, its directors and executive management in the same spirit of the reasons they always give for not giving a little pittance to their shareholders. They say they are plowing the profits back into the system to grow the company. Bu11$h1t.