The value destruction for shareholders in Luxe Holdings, including US-based Riskowitz Value Fund and JSE-listed insurance company Conduit Capital, over the past few years has been epic.
The market capitalisation is less than a third of the dividends the group — in its former guise as Taste Holdings — paid in financial 2014 and 2015...
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.