South Africa: Hudaco Has Legs for a Further Price Rise

column

Johannesburg — THIS forecasting business in a bull market seems to be a doddle. You look at a good company, note that the investment fundamentals are solid enough to substantiate earnings growth and, voila! You stick your neck out and guesstimate the share price will rise by about the same rate as earnings growth.

As long as the bulls are running, the guesstimate is bound to be somewhere in the ball park.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.