We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

With the market — until the recent meltdown — mostly enamoured of high-flying growth stocks, the art of the turnaround has been much neglected by investors.

This is understandable. After the momentum in large-cap stocks such as Naspers/Prosus, Anglo American, Remgro and Richemont — or even quality mid-caps such as Transaction Capital and Afrimat — simply backing a quality growth stock with fair prospects is a far less onerous task than having to constantly review the many external and internal factors that inform a company turnaround. And sometimes the trouble that companies — especially small caps  — get themselves into is truly mind-boggling...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now