Patience is advisable as AECI restructures
The company is being overhauled and has promise, but the stock is trending weaker and there is no need to rush
28 March 2024 - 08:00
IM’s most recent comment on chemicals and explosive company AECI, colloquially known by traders as “bang-bangs”, was the review of the interim results to June 2023 in the August 2023 edition of the magazine.
At that juncture, results were a mixed bag, with solid double-digit growth in revenue and profitability as mining powered results. But the chemicals division had spluttered...
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