Everand Logo

Welcome to Everand!

  • Finweek - English

    Is the valuation fair?

    Oct 22, 2021 3 minutes
    By David McKay

    sibanye-Stillwater concluded an R8bn share repurchase programme earlier this month, but its success belies no small degree of frustration at the gold and platinum group metals (PGM) miner. While a buy-back is a viable form of shareholder return – less shares in issue mean more earnings per share – its evil twin is a recognition that the market isn’t fully valuing the company.

    This notion of fair valuation was at the heart of recent comments by Laurent Charbonnier, Sibanye-Stillwater’s

    You’re reading a preview, subscribe to read more.

    More from Finweek - English

    Finweek - English5 min read
    Simon’s Stock Tips
    Purple Group* (owners of EasyEquities) released much better results than I had expected. The company posted its financial results for the year ended 31 August on 10 November. Headline earnings per share (HEPS) jumped 190% while funded accounts rose t
    Finweek - English3 min read
    Keep On Keeping It Simple
    recently I had a Covid-19-compliant coffee with some investors who’d started investing around ten years ago. We were chatting about stocks, market crashes and the like but then the conversation took an interesting turn. I asked what they believed to
    Finweek - English3 min readFinance & Money Management
    Is It Worth Risking A Little More?
    in fixed income, the potential for returns – in the form of coupon payments and capital gains – is captured by the bond yield (which is the coupon amount or price). A high yield signifies a high potential return. A high potential return generally com

    Related Books & Audiobooks