It’s four years since affordable housing developer and memorial parks company Calgro M3 cratered, racked by setbacks at its two main development sites. It slumped to a loss and investors fled. This week the company reported its highest profit and its debt  at a 10-year low. But its share price remains at a third of NAV. The FM spoke to CEO Wikus Lategan.

Could Calgro have fallen over in 2019?..

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.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.