Investors seem to be willing to pay more for more predictable earnings at Clicks
Dis-Chem Pharmacies is one of the better shopping experiences in SA and a destination brand. Prices are extremely keen, shelves are well stocked with appealing goods and service levels are high.
Yet its JSE share price performance since listing three years ago is lacking, compared with that of competitor Clicks, which at least doubled in that time. Dis-Chem is pretty much back to listing start, and prelisting expectations of financial results have largely disappointed.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MTN’s black empowerment scheme to list on JSE in NovemberMTN Zakhele Futhi, special purpose empowerment vehicle of Africa’s largest mobile operator, will list on the JSE on 25 November, the group said.
Read more »
JSE faces risk-off trade on Monday as load-shedding threat persistsThe US-China trade war and prospect of the resumption of load shedding may weigh on local risk assets on Monday morning
Read more »
MARKET WRAP: JSE tracks weaker international marketsGlobal markets fall as Hong Kong protests turn more violent, while a US-China trade deal still looks some way off
Read more »
JSE could get a boost from Naspers amid fragile sentimentWeChat owner Tencent is strongly up in Hong Kong, where protests continue to threaten market appetite for risky assets
Read more »
Rolfes censured by JSE for accounting errorsThe chemicals group replaced its CEO after material errors were found in its financial statements
Read more »
JSE firmer as markets await Donald Trump’s trade-war commentsLocal retailers and Naspers are leading gains on the local market
Read more »