Primeserv: A dependable workhorse
Wisely, the company has been buying back its own shares, some compensation for the conservative dividend policy
02 July 2019 - 12:00
Companies that operate in the "dastardly" (according to some quarters) labour broking sector are tagged with the most desultory market ratings.
Much like countermate Workforce, Primeserv trades on a trailing earnings multiple usually reserved for companies that are either in a heap of operational trouble or have seen an acquisition strategy go badly awry. Neither applies to Primeserv or Workforce (where I hold a few shares)...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.