And now for the takeovers
The JSE’s shrunken share prices aren’t all bad news: they could herald a buyout boom this year
23 January 2020 - 05:00
Investors, or at least the more realistic punters, are not banking on profit growth to drive the JSE this year.
That’s clear from the earnings multiples accorded to many of the JSE’s stalwarts, even those with decent long-term track records.